v3.25.2
Segment Reporting (Schedule of Segment Reporting Information, by Segment) (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
 [1]
Segment Reporting Information [Line Items]          
Rental income $ 70,270 $ 65,760 $ 139,136 $ 127,947  
Resident fees and services 14,217 13,390 28,156 26,645  
Interest income and other 6,175 5,820 12,666 11,890  
Total revenues 90,662 84,970 179,958 166,482  
Other Senior Housing Operating Expenses 2,615 2,567 5,489 5,168  
Utilities 940 913 2,037 1,846  
Dietary 1,104 1,075 2,149 2,078  
Labor 4,324 4,200 8,623 8,427  
Taxes and insurance 4,327 4,484 8,752 8,767  
NOI 77,352 71,731 152,908 140,196  
Depreciation 19,918 17,490 39,075 34,995  
Interest 15,001 14,854 29,338 29,723  
Legal 1,095 165 2,521 400  
Franchise, excise and other taxes 243 47 512 (139)  
General and administrative 6,125 4,870 12,954 10,510  
Proxy contest and related expenses 1,308 0 1,572 0  
Loan and realty (gains) losses, net (1,393) 1,106 (1,407) 1,116  
Gains on sales of real estate properties, net (110) (1,517) (224) (1,617)  
Gains from equity method investment (1,524) (236) (1,939) (402)  
Net income 36,689 34,952 70,506 65,610  
Total assets 2,695,959 [1] 2,476,912 2,695,959 [1] 2,476,912 $ 2,614,371
Operating Segments | Real Estate Investments          
Segment Reporting Information [Line Items]          
Rental income 70,270 65,760 139,136 127,947  
Resident fees and services 0 0 0 0  
Interest income and other 6,140 5,744 12,589 11,685  
Total revenues 76,410 71,504 151,725 139,632  
Other Senior Housing Operating Expenses 0 0 0 0  
Utilities 0 0 0 0  
Dietary 0 0 0 0  
Labor 0 0 0 0  
Taxes and insurance 2,914 2,802 5,801 5,535  
NOI 73,496 68,702 145,924 134,097  
Depreciation 17,095 14,992 33,483 30,050  
Interest 180 761 929 1,524  
Legal 0 0 0 0  
Franchise, excise and other taxes 0 0 0 0  
General and administrative 0 0 0 0  
Proxy contest and related expenses 0   0    
Loan and realty (gains) losses, net (1,393) 1,106 (1,407) 1,116  
Gains on sales of real estate properties, net (110) (1,517) (224) (1,617)  
Gains from equity method investment (1,524) (236) (1,939) (402)  
Net income 59,248 53,596 115,082 103,426  
Total assets 2,415,832 2,197,656 2,415,832 2,197,656  
Operating Segments | SHOP          
Segment Reporting Information [Line Items]          
Rental income 0 0 0 0  
Resident fees and services 14,217 13,390 28,156 26,645  
Interest income and other 0 0 0 0  
Total revenues 14,217 13,390 28,156 26,645  
Other Senior Housing Operating Expenses 2,615 2,567 5,489 5,168  
Utilities 940 913 2,037 1,846  
Dietary 1,104 1,075 2,149 2,078  
Labor 4,324 4,200 8,623 8,427  
Taxes and insurance 1,413 1,682 2,951 3,232  
NOI 3,821 2,953 6,907 5,894  
Depreciation 2,811 2,490 5,569 4,927  
Interest 0 0 0 0  
Legal 0 0 0 0  
Franchise, excise and other taxes 0 0 0 0  
General and administrative 0 0 0 0  
Proxy contest and related expenses 0   0    
Loan and realty (gains) losses, net 0 0 0 0  
Gains on sales of real estate properties, net 0 0 0 0  
Gains from equity method investment 0 0 0 0  
Net income 1,010 463 1,338 967  
Total assets 267,778 268,187 267,778 268,187  
Non-Segment /Corporate          
Segment Reporting Information [Line Items]          
Rental income 0 0 0 0  
Resident fees and services 0 0 0 0  
Interest income and other 35 76 77 205  
Total revenues 35 76 77 205  
Other Senior Housing Operating Expenses 0 0 0 0  
Utilities 0 0 0 0  
Dietary 0 0 0 0  
Labor 0 0 0 0  
Taxes and insurance 0 0 0 0  
NOI 35 76 77 205  
Depreciation 12 8 23 18  
Interest 14,821 14,093 28,409 28,199  
Legal 1,095 165 2,521 400  
Franchise, excise and other taxes 243 47 512 (139)  
General and administrative 6,125 4,870 12,954 10,510  
Proxy contest and related expenses 1,308   1,572    
Loan and realty (gains) losses, net 0 0 0 0  
Gains on sales of real estate properties, net 0 0 0 0  
Gains from equity method investment 0 0 0 0  
Net income (23,569) (19,107) (45,914) (38,783)  
Total assets $ 12,349 $ 11,069 $ 12,349 $ 11,069  
[1] The condensed consolidated balance sheets include each of the following amounts related to our consolidated variable interest entities: $498.8 million and $505.9 million of real estate properties, net; $10.1 million and $9.7 million of cash and cash equivalents; $9.7 million and $10.0 million of straight-line rent receivable; $6.1 million and $7.5 million of other assets, net; and $4.4 million and $5.7 million of accounts payable and accrued expenses as of June 30, 2025 and December 31, 2024, respectively.