v3.26.1
Investment in Unconsolidated Joint Ventures (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2026
USD ($)
item
Dec. 31, 2025
USD ($)
item
Mar. 31, 2025
USD ($)
item
Investment in Unconsolidated Joint Ventures      
Proceeds from divestment in joint venture     $ 13,000
Carrying Value $ 12,558 $ 12,524  
Gross Investment $ 1,721,560    
Number of preferred equity investments | item 2    
Mortgage Loans      
Investment in Unconsolidated Joint Ventures      
Gross Investment $ 393,389    
Joint Venture | Joint venture      
Investment in Unconsolidated Joint Ventures      
Income Recognized     3,665
Cash Income Earned     3,611
Non-cash Income Accrued     54
SNF      
Investment in Unconsolidated Joint Ventures      
Gross Investment $ 528,302    
SNF | Senior Loan | Texas      
Investment in Unconsolidated Joint Ventures      
Preferred return percentage 9.20%    
Contractual cash portion 9.20%    
Number of Beds/Units | item 104    
Carrying Value $ 12,558    
Investment commitment 11,164    
Interest reserve 750    
Capital expenditure reserve $ 786    
SNF | Senior Loan | Texas | Mortgage Loans with Interest      
Investment in Unconsolidated Joint Ventures      
Loan Term 5 years    
Interest rate (as a percent) 9.15%    
SNF | Senior Loan | Texas | Mortgage Loans      
Investment in Unconsolidated Joint Ventures      
Gross Investment $ 12,700    
SNF | Joint Venture | Joint venture      
Investment in Unconsolidated Joint Ventures      
Income Recognized 295   294
Cash Income Earned 295   294
SH      
Investment in Unconsolidated Joint Ventures      
Gross Investment $ 1,181,253    
SH - preferred equity investment redeemed | Joint Venture | Joint venture | IRR 12%      
Investment in Unconsolidated Joint Ventures      
Income Recognized     145
Cash Income Earned     145
SH - preferred equity investment redeemed | Joint Venture | Joint venture | IRR 13%      
Investment in Unconsolidated Joint Ventures      
Income Recognized     3,226
Cash Income Earned     3,172
Non-cash Income Accrued     $ 54
SH - preferred equity investment redeemed | Joint Venture | Joint venture | Washington | IRR 12%      
Investment in Unconsolidated Joint Ventures      
Number of Beds/Units | item   109  
Proceeds from divestment in joint venture   $ 8,140  
Percentage of internal rate of return   12.00%  
Income Recognized   $ 1,800  
SH - preferred equity investment redeemed | Joint Venture | Joint venture | Washington | IRR 13%      
Investment in Unconsolidated Joint Ventures      
Number of Beds/Units | item     267
Proceeds from divestment in joint venture     $ 15,962
Percentage of internal rate of return     13.00%
Income Recognized     $ 2,962