v3.26.1
SEGMENT REPORTING - Schedule of CODM Evaluation of Performance Based on Net Income (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Rental income $ 118,205 $ 86,033 $ 232,401 $ 157,679
Resident fees and services 4,643 0 8,495 0
Interest income from financing receivables 11,696 2,886 14,474 5,693
Interest income from other real estate related investments and other income 26,804 23,550 48,761 45,718
Total revenues 161,348 112,469 304,131 209,090
Expenses:        
Depreciation and amortization 30,362 21,215 59,792 39,056
Interest expense 15,324 13,038 26,566 19,707
Property taxes and insurance 2,163 2,117 4,616 4,182
Senior housing operating expenses 3,732 0 6,838 0
Transaction costs 352 61 559 949
Provision for loan losses 4,671 0 4,671 0
Property operating (recoveries) expenses (4) 938 292 1,043
General and administrative 15,777 12,549 30,114 21,572
Total expenses 72,377 49,918 133,448 86,509
Other income:        
Gain on sale of real estate, net 0 0 0 3,876
Unrealized gain on other real estate related investments, net 1,725 1,968 1,732 3,255
Gain on foreign currency transactions, net 75 4,413 132 4,413
Total other income 1,800 6,381 1,864 11,544
Income before income tax expense 90,771 68,932 172,547 134,125
Income tax expense (2,535) (1,030) (4,806) (1,030)
Net income 88,236 67,902 167,741 133,095
Net loss attributable to noncontrolling interests (760) (643) (1,465) (1,252)
Net income attributable to CareTrust REIT, Inc. 88,996 68,545 169,206 134,347
Reportable Segment        
Revenues:        
Rental income 118,205 86,033 232,401 157,679
Resident fees and services 4,643 0 8,495 0
Interest income from financing receivables 11,696 2,886 14,474 5,693
Interest income from other real estate related investments and other income 26,804 23,550 48,761 45,718
Total revenues 161,348 112,469 304,131 209,090
Expenses:        
Depreciation and amortization 30,362 21,215 59,792 39,056
Interest expense 15,324 13,038 26,566 19,707
Property taxes and insurance 2,163 2,117 4,616 4,182
Senior housing operating expenses 3,732 0 6,838 0
Transaction costs 352 61 559 949
Provision for loan losses 4,671 0 4,671 0
Property operating (recoveries) expenses (4) 938 292 1,043
Cash compensation 3,151 2,003 6,730 4,093
Incentive compensation 6,101 3,424 10,185 4,649
Share-based compensation 3,023 3,026 6,471 6,935
Professional services 1,725 2,453 3,253 3,329
Taxes and insurance 218 470 451 688
Other expenses 1,559 1,173 3,024 1,878
General and administrative 15,777 12,549 30,114 21,572
Total expenses 72,377 49,918 133,448 86,509
Other income:        
Gain on sale of real estate, net 0 0 0 3,876
Unrealized gain on other real estate related investments, net 1,725 1,968 1,732 3,255
Gain on foreign currency transactions, net 75 4,413 132 4,413
Total other income 1,800 6,381 1,864 11,544
Income before income tax expense 90,771 68,932 172,547 134,125
Income tax expense (2,535) (1,030) (4,806) (1,030)
Net income 88,236 67,902 167,741 133,095
Net loss attributable to noncontrolling interests (760) (643) (1,465) (1,252)
Net income attributable to CareTrust REIT, Inc. $ 88,996 $ 68,545 $ 169,206 $ 134,347