Segment Reporting - Summary Information for Reportable Segments (Details) - USD ($) |
3 Months Ended | 6 Months Ended | |||
|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
Dec. 31, 2025 |
|
| Revenues: | |||||
| Resident fees and services | $ 634,519,000 | $ 501,285,000 | $ 1,244,286,000 | $ 998,461,000 | |
| Real estate revenue | 39,731,000 | 41,218,000 | 80,738,000 | 84,645,000 | |
| Total revenues | 674,250,000 | 542,503,000 | 1,325,024,000 | 1,083,106,000 | |
| Expenses: | |||||
| Facility rental expense | 12,173,000 | 12,990,000 | 25,273,000 | 26,633,000 | |
| Segment net operating income (loss) | 137,239,000 | 103,228,000 | 262,742,000 | 197,765,000 | |
| Operating Expenses | |||||
| General and administrative | 19,891,000 | 14,943,000 | 37,496,000 | 28,098,000 | |
| Transaction, transition and restructuring costs | 2,786,000 | (79,000) | 4,757,000 | 1,758,000 | |
| Depreciation and amortization | 72,125,000 | 41,941,000 | 139,187,000 | 83,055,000 | |
| Other income (expense): | |||||
| Interest expense, net | (18,626,000) | (22,632,000) | (37,422,000) | (45,577,000) | |
| Gain (loss) in fair value of derivative financial instruments | 357,000 | (629,000) | 1,884,000 | (1,379,000) | |
| Gain (loss) on dispositions of real estate investments, net | 5,647,000 | (2,676,000) | 5,647,000 | (3,035,000) | |
| Impairment of real estate investments | (1,719,000) | (12,659,000) | (2,137,000) | (34,365,000) | |
| Income (loss) from unconsolidated entities | 892,000 | (1,238,000) | 1,684,000 | (3,086,000) | |
| Foreign currency gain (loss) | 75,000 | 2,742,000 | (744,000) | 4,158,000 | |
| Other income, net | 1,914,000 | 1,480,000 | 4,249,000 | 3,005,000 | |
| Income (loss) before income taxes | 30,977,000 | 10,811,000 | 54,463,000 | 4,575,000 | |
| Income tax benefit (expense) | 3,000 | (732,000) | 528,000 | (1,336,000) | |
| Net income | 30,980,000 | 10,079,000 | 54,991,000 | 3,239,000 | |
| Assets by Reportable Segment | |||||
| Total assets | 5,703,918,000 | 5,703,918,000 | $ 5,426,226,000 | ||
| Segments, Geographical Areas | |||||
| Total revenues | 674,250,000 | 542,503,000 | 1,325,024,000 | 1,083,106,000 | |
| Real estate investments, net | 4,418,501,000 | 4,418,501,000 | 4,183,419,000 | ||
| United States | |||||
| Revenues: | |||||
| Total revenues | 672,590,000 | 540,854,000 | 1,321,697,000 | 1,079,903,000 | |
| Segments, Geographical Areas | |||||
| Total revenues | 672,590,000 | 540,854,000 | 1,321,697,000 | 1,079,903,000 | |
| Real estate investments, net | 4,376,744,000 | 4,376,744,000 | 4,140,169,000 | ||
| International | |||||
| Revenues: | |||||
| Total revenues | 1,660,000 | 1,649,000 | 3,327,000 | 3,203,000 | |
| Segments, Geographical Areas | |||||
| Total revenues | 1,660,000 | 1,649,000 | 3,327,000 | 3,203,000 | |
| Real estate investments, net | 41,757,000 | 41,757,000 | 43,250,000 | ||
| ISHC | |||||
| Revenues: | |||||
| Resident fees and services | 512,878,000 | 429,350,000 | 1,015,621,000 | 858,042,000 | |
| Real estate revenue | 0 | 0 | 0 | 0 | |
| Total revenues | 512,878,000 | 429,350,000 | 1,015,621,000 | 858,042,000 | |
| Expenses: | |||||
| Compensation expense | 260,203,000 | 217,588,000 | 517,576,000 | 436,367,000 | |
| Controllable expenses | 154,737,000 | 133,079,000 | 309,010,000 | 270,239,000 | |
| Non-controllable expenses | 13,027,000 | 10,471,000 | 25,604,000 | 22,734,000 | |
| Facility rental expense | 6,752,000 | 7,278,000 | 13,513,000 | 14,777,000 | |
| Other segment items | 0 | 0 | 0 | 0 | |
| Segment net operating income (loss) | 78,159,000 | 60,934,000 | 149,918,000 | 113,925,000 | |
| Assets by Reportable Segment | |||||
| Total assets | 2,705,525,000 | 2,705,525,000 | 2,686,143,000 | ||
| Segments, Geographical Areas | |||||
| Total revenues | 512,878,000 | 429,350,000 | 1,015,621,000 | 858,042,000 | |
| SHOP | |||||
| Revenues: | |||||
| Resident fees and services | 121,641,000 | 71,935,000 | 228,665,000 | 140,419,000 | |
| Real estate revenue | 0 | 0 | 0 | 0 | |
| Total revenues | 121,641,000 | 71,935,000 | 228,665,000 | 140,419,000 | |
| Expenses: | |||||
| Compensation expense | 53,142,000 | 34,982,000 | 100,795,000 | 68,988,000 | |
| Controllable expenses | 31,118,000 | 19,536,000 | 59,628,000 | 38,727,000 | |
| Non-controllable expenses | 5,859,000 | 3,351,000 | 10,883,000 | 6,876,000 | |
| Facility rental expense | 0 | 0 | 0 | 0 | |
| Other segment items | 0 | 0 | 0 | 0 | |
| Segment net operating income (loss) | 31,522,000 | 14,066,000 | 57,359,000 | 25,828,000 | |
| Assets by Reportable Segment | |||||
| Total assets | 1,547,014,000 | 1,547,014,000 | 1,273,714,000 | ||
| Segments, Geographical Areas | |||||
| Total revenues | 121,641,000 | 71,935,000 | 228,665,000 | 140,419,000 | |
| OM | |||||
| Revenues: | |||||
| Resident fees and services | 0 | 0 | 0 | 0 | |
| Real estate revenue | 29,985,000 | 31,254,000 | 60,827,000 | 64,448,000 | |
| Total revenues | 29,985,000 | 31,254,000 | 60,827,000 | 64,448,000 | |
| Expenses: | |||||
| Compensation expense | 0 | 0 | 0 | 0 | |
| Controllable expenses | 0 | 0 | 0 | 0 | |
| Non-controllable expenses | 0 | 0 | 0 | 0 | |
| Facility rental expense | 0 | 0 | 0 | 0 | |
| Other segment items | 11,493,000 | 12,192,000 | 23,617,000 | 24,877,000 | |
| Segment net operating income (loss) | 18,492,000 | 19,062,000 | 37,210,000 | 39,571,000 | |
| Assets by Reportable Segment | |||||
| Total assets | 1,029,510,000 | 1,029,510,000 | 1,048,810,000 | ||
| Segments, Geographical Areas | |||||
| Total revenues | 29,985,000 | 31,254,000 | 60,827,000 | 64,448,000 | |
| Triple-Net Leased Properties | |||||
| Revenues: | |||||
| Resident fees and services | 0 | 0 | 0 | 0 | |
| Real estate revenue | 9,746,000 | 9,964,000 | 19,911,000 | 20,197,000 | |
| Total revenues | 9,746,000 | 9,964,000 | 19,911,000 | 20,197,000 | |
| Expenses: | |||||
| Compensation expense | 0 | 0 | 0 | 0 | |
| Controllable expenses | 0 | 0 | 0 | 0 | |
| Non-controllable expenses | 0 | 0 | 0 | 0 | |
| Facility rental expense | 0 | 0 | 0 | 0 | |
| Other segment items | 680,000 | 798,000 | 1,656,000 | 1,756,000 | |
| Segment net operating income (loss) | 9,066,000 | 9,166,000 | 18,255,000 | 18,441,000 | |
| Assets by Reportable Segment | |||||
| Total assets | 386,540,000 | 386,540,000 | 393,952,000 | ||
| Segments, Geographical Areas | |||||
| Total revenues | 9,746,000 | $ 9,964,000 | 19,911,000 | $ 20,197,000 | |
| Other | |||||
| Assets by Reportable Segment | |||||
| Total assets | $ 35,329,000 | $ 35,329,000 | $ 23,607,000 | ||
| X | ||||||||||
- Definition Utilities, Food, Repairs And Maintenance, And Other Operating Expenses No definition available.
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- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, before tax, of realized and unrealized gain (loss) from foreign currency transaction. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of gain (loss) included in earnings for the period from the increase (decrease) in fair value of interest rate derivatives not designated as hedging instruments. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The net gain (loss) resulting from sales and other disposals of real estate owned for investment purposes. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The charge against earnings in the period to reduce the carrying amount of real property to fair value. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The amount of interest income and other income recognized during the period. Included in this element is interest derived from investments in debt securities, cash and cash equivalents, and other investments which reflect the time value of money or transactions in which the payments are for the use or forbearance of money and other income from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business). No definition available.
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- References No definition available.
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- Definition Amount of interest expense classified as operating and nonoperating. Includes, but is not limited to, cost of borrowing accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of operating lease expense. Excludes sublease income. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of operating lease income from lease payments and variable lease payments paid and payable to lessor. Includes, but is not limited to, variable lease payments not included in measurement of lease receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate total of real estate taxes and insurance expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after cash payment, of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- References No definition available.
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- Definition Amount of other expense (income) and loss (gain) calculated as difference between segment revenue and separately disclosed expense category to arrive at segment profit (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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