v3.26.1
CHP Merger - Narrative (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
May 07, 2026
USD ($)
Mar. 31, 2026
USD ($)
Mar. 31, 2026
USD ($)
Mar. 30, 2026
USD ($)
Mar. 11, 2026
USD ($)
shares
Mar. 10, 2026
USD ($)
Dec. 29, 2025
USD ($)
tranche
Nov. 04, 2025
USD ($)
$ / shares
shares
Jun. 30, 2026
USD ($)
$ / shares
shares
May 31, 2026
USD ($)
Mar. 31, 2026
USD ($)
Aug. 31, 2025
USD ($)
Jun. 30, 2026
USD ($)
$ / shares
shares
Jun. 30, 2026
USD ($)
$ / shares
shares
Jun. 30, 2025
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
Common stock, shares authorized (in shares) | shares                 100,000,000       100,000,000 100,000,000   100,000,000 30,000,000 30,000,000
Purchase of interest rate cap                           $ 1,242 $ 0      
Derivative, notional amount                 $ 744,200       $ 744,200 744,200       $ 194,200
Goodwill                 52,710       52,710 $ 52,710       $ 0
Weighted average life remaining                           36 months        
Interest rate cap                                    
Business Combination [Line Items]                                    
Purchase of interest rate cap             $ 600     $ 100 $ 600 $ 100            
Derivative, notional amount   $ 262,500 $ 262,500       $ 262,500     $ 9,400 $ 262,500 $ 122,000            
Derivative term             36 months     36 months 36 months 36 months            
Derivative, basis spread on variable rate   4.50% 4.50%       4.50%     4.50% 4.50% 5.50%            
Interest rate swap                                    
Business Combination [Line Items]                                    
Derivative, notional amount                 $ 287,500       $ 287,500 $ 287,500        
Derivative term                 57 months                  
Derivative, basis spread on variable rate                 4.105%       4.105% 4.105%        
Permanent Term Loans | Senior Secured Term Loan                                    
Business Combination [Line Items]                                    
Note principal amount             $ 525,000   $ 575,000       $ 575,000 $ 575,000        
Number of tranches | tranche             2                      
Accordion feature, increase limit             $ 320,000                      
Increase in principal $ 25,000     $ 25,000                            
Revolving Credit Facility | Senior Secured Term Loan                                    
Business Combination [Line Items]                                    
Available letters of credit                 258,000       258,000 258,000        
Revolving Credit Facility | Permanent Term Loans                                    
Business Combination [Line Items]                                    
Available letters of credit             $ 405,000   $ 455,000       455,000 455,000        
Increase in principal 25,000   $ 25,000                              
Term loan facilities | Permanent Term Loans | Senior Secured Term Loan                                    
Business Combination [Line Items]                                    
Debt instrument, term             3 years   5 years   3 years              
Term loan facilities | Permanent Term Loans | Senior Secured Term Loan | Tranche One                                    
Business Combination [Line Items]                                    
Debt instrument, term             3 years                      
Term loan facilities | Permanent Term Loans | Senior Secured Term Loan | Tranche Two                                    
Business Combination [Line Items]                                    
Debt instrument, term             5 years                      
Term loan facilities | Bridge facility (2)                                    
Business Combination [Line Items]                                    
Note principal amount           $ 270,000     $ 170,000       170,000 170,000        
Repayments of debt $ 50,000 $ 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 facilities | Permanent Term Loans | Senior Secured Term Loan                                    
Business Combination [Line Items]                                    
Debt instrument, basis spread on variable rate             1.30%                      
Minimum | Term loan facilities | Bridge facility (2)                                    
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 facilities | Permanent Term Loans | Senior Secured Term Loan                                    
Business Combination [Line Items]                                    
Debt instrument, basis spread on variable rate             1.95%                      
Maximum | Term loan facilities | Bridge facility (2)                                    
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                         4,800 $ 30,900        
Increase in property and equipment                         8,800          
Increase in intangibles assets                         2,400          
Decrease to goodwill                         11,200          
Goodwill         $ 52,710                          
Business combination, acquisition-related cost, expense                         4,800 30,900        
Revenue                         104,200 127,100        
Net loss                         10,100 12,300        
Business combination, transaction cost                 $ 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