v3.26.1
CHP Merger - Narrative (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended
Mar. 31, 2026
USD ($)
tranche
$ / shares
shares
Mar. 31, 2026
USD ($)
tranche
$ / shares
shares
Mar. 30, 2026
USD ($)
Mar. 11, 2026
USD ($)
shares
Mar. 10, 2026
USD ($)
Dec. 29, 2025
USD ($)
tranche
Nov. 04, 2025
USD ($)
$ / shares
shares
Mar. 31, 2026
USD ($)
tranche
$ / shares
shares
Aug. 31, 2025
USD ($)
Mar. 31, 2026
USD ($)
tranche
$ / shares
shares
Mar. 31, 2025
USD ($)
Mar. 01, 2026
USD ($)
Feb. 26, 2026
shares
Feb. 25, 2026
shares
Dec. 31, 2025
USD ($)
$ / shares
shares
Business Combination [Line Items]                              
Common stock, par value (in USD per share) | $ / shares $ 0.01 $ 0.01           $ 0.01   $ 0.01         $ 0.01
Common stock, shares authorized (in shares) | shares 100,000,000 100,000,000           100,000,000   100,000,000     100,000,000 30,000,000 30,000,000
Purchase of interest rate cap                   $ 1,202 $ 0        
Goodwill $ 63,950 $ 63,950           $ 63,950   63,950         $ 0
Interest rate cap                              
Business Combination [Line Items]                              
Purchase of interest rate cap         $ 35 $ 600   500 $ 100            
Derivative, notional amount $ 726,700 $ 726,700     $ 270,000 $ 262,500   $ 726,700 $ 122,000 $ 726,700   $ 49,200     $ 194,200
Derivative term         12 months 36 months   34 months 36 months            
Derivative, basis spread on variable rate 4.00% 4.00%     4.25% 4.50%   4.00% 5.50% 4.00%          
Permanent Term Loans | Senior Secured Term Loan                              
Business Combination [Line Items]                              
Note principal amount $ 550,000 $ 550,000       $ 525,000   $ 550,000   $ 550,000          
Number of tranches | tranche 2 2       2   2   2          
Accordion feature, increase limit           $ 320,000                  
Increase in principal     $ 25,000                        
Revolving Credit Facility | Permanent Term Loans                              
Business Combination [Line Items]                              
Available letters of credit $ 430,000 $ 430,000       $ 405,000   $ 430,000   $ 430,000          
Increase in principal   25,000                          
Term loan facility | Permanent Term Loans | Senior Secured Term Loan | Tranche One                              
Business Combination [Line Items]                              
Debt instrument, term           3 years                  
Term loan facility | Permanent Term Loans | Senior Secured Term Loan | Tranche Two                              
Business Combination [Line Items]                              
Debt instrument, term           5 years                  
Term loan facility | Bridge facility                              
Business Combination [Line Items]                              
Note principal amount 220,000 220,000     $ 270,000     220,000   220,000          
Repayments of debt 50,000                            
Common Stock                              
Business Combination [Line Items]                              
Common stock, shares authorized (in shares) | shares             100,000,000.0                
Common Stock | Private Placement                              
Business Combination [Line Items]                              
Funded amount       $ 110,000                      
Issuance of shares (in shares) | shares       4,100,000                      
Common Stock | Private Placement | Conversant Investment Agreement                              
Business Combination [Line Items]                              
Funded amount             $ 100,000     $ 100,000          
Issuance of shares (in shares) | shares             3,739,716     3,739,716          
Shares issued, price per share (in dollars per share) | $ / shares             $ 26.74                
Common Stock | Private Placement | Silk Investment Agreement                              
Business Combination [Line Items]                              
Funded amount             $ 10,000                
Issuance of shares (in shares) | shares       4,113,688     373,972                
Shares issued, price per share (in dollars per share) | $ / shares             $ 26.74                
Minimum | Revolving Credit Facility | Permanent Term Loans                              
Business Combination [Line Items]                              
Debt instrument, basis spread on variable rate           1.35%                  
Minimum | Term loan facility | Permanent Term Loans | Senior Secured Term Loan                              
Business Combination [Line Items]                              
Debt instrument, basis spread on variable rate           1.30%                  
Minimum | Term loan facility | Bridge facility                              
Business Combination [Line Items]                              
Debt instrument, basis spread on variable rate         1.35%                    
Maximum | Revolving Credit Facility | Permanent Term Loans                              
Business Combination [Line Items]                              
Debt instrument, basis spread on variable rate           2.00%                  
Maximum | Term loan facility | Permanent Term Loans | Senior Secured Term Loan                              
Business Combination [Line Items]                              
Debt instrument, basis spread on variable rate           1.95%                  
Maximum | Term loan facility | Bridge facility                              
Business Combination [Line Items]                              
Debt instrument, basis spread on variable rate         2.00%                    
CNL Healthcare Properties, Inc. ("CHP").                              
Business Combination [Line Items]                              
Percentage of outstanding common stock acquired             100.00%                
Right to receive, cash (in USD per share) | $ / shares             $ 2.32                
Right to receive, common stock (in shares) | shares             0.1318                
Right to receive, common stock (in USD per share) | $ / shares             $ 4.58                
Business combination, transaction reference price (in USD per share) | $ / shares             $ 34.76                
Merger transactions costs                   $ 25,600          
Goodwill       $ 63,950                      
Business combination, acquisition-related cost, expense                   25,600          
Revenue                   22,900          
Net loss                   2,200          
Business combination, transaction cost $ 24,900 $ 24,900           $ 24,900   $ 24,900 $ 14,500        
CNL Healthcare Properties, Inc. ("CHP"). | Conversant Investment Agreement                              
Business Combination [Line Items]                              
Liable expenses             $ 1,200                
CNL Healthcare Properties, Inc. ("CHP"). | Minimum                              
Business Combination [Line Items]                              
Business combination, transaction reference price, percentage             15.00%                
Business combination, transaction reference price (in USD per share) | $ / shares             $ 26.74                
CNL Healthcare Properties, Inc. ("CHP"). | Maximum                              
Business Combination [Line Items]                              
Business combination, transaction reference price, percentage             30.00%                
Business combination, transaction reference price (in USD per share) | $ / shares             $ 35.93                
CNL Healthcare Properties, Inc. ("CHP"). | CHP Inc.                              
Business Combination [Line Items]                              
Common stock, par value (in USD per share) | $ / shares             0.01                
CNL Healthcare Properties, Inc. ("CHP"). | SONIDA Inc.                              
Business Combination [Line Items]                              
Common stock, par value (in USD per share) | $ / shares             $ 0.01