Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Cash and Cash Equivalents and Restricted Cash

The following table sets forth our cash, cash equivalents, and restricted cash (in thousands):


	March 31, 2026		December 31, 2025
Cash and cash equivalents	$	84,284	$	11,008
Restricted cash:
Property tax and insurance reserves	4,992		6,606
Lender reserves	2,797		3,780
Capital expenditures reserves	4,627		5,354

Deposits pursuant to outstanding letters of credit	3,524		3,524

Total restricted cash	15,940		19,264
Total cash, cash equivalents, and restricted cash	$	100,224	$	30,272

Schedule Of Lessee, Operating Lease, Liability, to be Paid, Maturity

The following are future minimum lease payments for the Company’s 15 senior housing properties to be received under non-cancellable operating leases for the remainder of 2026, each of the next four years and thereafter as of March 31, 2026 (in thousands):



2026	$	21,105
2027	28,598
2028	29,171
2029	29,756
2030	18,667
Thereafter	12,837
Total future minimum lease payments	$	140,134