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PROPERTY AND EQUIPMENT - NET
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT - NET PROPERTY AND EQUIPMENT - NET
Property and equipment, net consists of the following:
June 30, 2026December 31, 2025
Land$257,995 $219,857 
Buildings and improvements1,602,352 1,231,704 
Leasehold improvements279,397 254,309 
Equipment532,026 478,729 
Furniture and fixtures5,161 4,588 
Construction in progress30,491 58,615 
 $2,707,422 $2,247,802 
Less: accumulated depreciation(610,445)(550,939)
PROPERTY AND EQUIPMENT, NET$2,096,977 $1,696,863 
Real Estate Acquisitions
A majority of the real estate properties were acquired by subsidiaries of Standard Bearer, as detailed in Note 6. Standard Bearer. The aggregate purchase price for the real estate purchases during the six months ended June 30, 2026 was $375,263, which primarily consists of building and improvements of $326,417 and land of $38,138. The aggregate purchase price for the real estate purchases during the six months ended June 30, 2025 was $204,609, which primarily consists of building and improvements of $162,806 and land of $37,493.
Subsequent to June 30, 2026, the Company, through Standard Bearer, added approximately $36,000 real estate assets associated with two stand-alone skilled nursing operations to be operated by the Company's independent subsidiaries.