v3.25.2
Subsequent Events (Details)
1 Months Ended 6 Months Ended
Jul. 01, 2025
USD ($)
Jul. 31, 2025
USD ($)
property
loan
$ / shares
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
property
Jun. 30, 2025
item
Jun. 30, 2025
loan
Dec. 31, 2024
USD ($)
Subsequent Events                
Gross Investment     $ 1,329,683,000          
Number of properties         121 121    
Accrued interest     2,882,000         $ 3,094,000
Payments on debt     41,900,000 $ 49,700,000        
Number of term loans | loan             2  
Borrowings     53,600,000 $ 19,200,000        
Outstanding Balance     696,457,000         684,600,000
Amount available for borrowing     256,450,000         280,650,000
ALF/MC | Subsequent Event                
Subsequent Events                
Number of real estate properties acquired | property   67            
Payments to acquire real estate   $ 35,200,000            
SNF                
Subsequent Events                
Gross Investment     $ 598,800,000          
Number of properties         50 50    
Mortgage loans with 11.1% interest maturing 2043                
Subsequent Events                
Interest rate (as a percent)     8.50%          
Accrued interest     $ 41,455,000          
Escrow deposit     $ 6,077,000          
Mortgage loans with 11.1% interest maturing 2043 | Subsequent Event                
Subsequent Events                
Interest rate (as a percent)   11.14%            
Notice period required to be given upon the intention to exercise the extension option   90 days            
Mortgage loans with 11.1% interest maturing 2043 | SNF                
Subsequent Events                
Interest rate (as a percent)     11.14%          
Mortgage loans with 11.1% interest maturing 2043 | SNF | Subsequent Event                
Subsequent Events                
Gross Investment   $ 180,421,000            
Number of properties | property   14            
Interest rate (as a percent)   8.50%            
Period of prepayment   12 months            
Notice period required to be given upon the intention to exercise the extension option   90 days            
Senior unsecured notes                
Subsequent Events                
Outstanding Balance     $ 428,024,000         440,442,000
Senior unsecured notes | Subsequent Event                
Subsequent Events                
Payments on debt $ 7,000,000 $ 7,000,000            
Revolving line of credit                
Subsequent Events                
Aggregate commitment     425,000,000          
Outstanding Balance     168,550,000         144,350,000
Amount available for borrowing     256,450,000         280,650,000
Revolving line of credit | Subsequent Event                
Subsequent Events                
Aggregate commitment   600,000,000            
Contingent increase in aggregate total commitment   $ 1,200,000,000            
Additional extension period option   1 year            
Borrowings 41,850,000 $ 41,850,000            
Outstanding Balance 310,400,000 310,400,000            
Amount available for borrowing $ 289,600,000 $ 289,600,000            
Revolving line of credit | Subsequent Event | Interest Rate Swap                
Subsequent Events                
Percentage of variable interest rate for the current year 2.30% 2.30%            
Percentage of variable interest rate for the upcoming year 2.40% 2.40%            
Term loans                
Subsequent Events                
Aggregate commitment     50,000,000          
Outstanding Balance     $ 99,883,000         $ 99,808,000
Term loans | Subsequent Event                
Subsequent Events                
Aggregate commitment   $ 50,000,000            
Number of term loans | loan   2            
Debt term   16 months            
Cash dividend, July 2025 | Subsequent Event                
Subsequent Events                
Dividends declared per common share | $ / shares   $ 0.19            
Dividends payable, date to be paid   Jul. 31, 2025            
Dividends payable, date of record   Jul. 23, 2025            
Cash dividend, August 2025 | Subsequent Event                
Subsequent Events                
Dividends declared per common share | $ / shares   $ 0.19            
Dividends payable, date to be paid   Aug. 29, 2025            
Dividends payable, date of record   Aug. 21, 2025            
Cash dividend, September 2025 | Subsequent Event                
Subsequent Events                
Dividends declared per common share | $ / shares   $ 0.19            
Dividends payable, date to be paid   Sep. 30, 2025            
Dividends payable, date of record   Sep. 22, 2025