v3.26.1
Segment Reporting - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Rental income $ 71,390,000 $ 70,270,000 $ 144,540,000 $ 139,136,000
Resident fees and services 44,779,000 14,217,000 81,839,000 28,156,000
Interest and other income 5,150,000 6,175,000 10,070,000 12,666,000
Total revenues 121,319,000 90,662,000 236,449,000 179,958,000
Utilities 2,277,000 940,000 4,749,000 2,037,000
Dietary 2,667,000 1,104,000 4,900,000 2,149,000
Labor 18,297,000 4,324,000 32,996,000 8,623,000
Taxes and insurance 5,842,000 4,327,000 11,542,000 8,752,000
Management fees 2,172,000 710,000 4,118,000 1,401,000
Other senior housing operating expenses 5,244,000 1,905,000 9,167,000 4,088,000
NOI 84,820,000 77,352,000 168,977,000 152,908,000
Depreciation and amortization 25,548,000 19,918,000 49,239,000 39,075,000
Interest expense 15,814,000 15,001,000 30,854,000 29,338,000
Legal expense 445,000 1,095,000 750,000 2,521,000
Franchise, excise and other taxes 213,000 243,000 428,000 512,000
General and administrative expenses 8,823,000 6,125,000 16,674,000 12,954,000
Proxy contest and related expenses 0 1,308,000 0 1,572,000
Loan and realty gains, net (59,000) (1,393,000) (109,000) (1,407,000)
Gains on dispositions of real estate properties (21,967,000) (110,000) (24,579,000) (224,000)
Gains from equity method investment 0 (1,524,000) 0 (1,939,000)
Other non-operating income (86,000) 0 (121,000) 0
Income tax expense 732,000 0 732,000 0
Net income 55,357,000 36,689,000 95,109,000 70,506,000
Capital expenditures     241,347,000 144,295,000
Operating Segments | Real Estate Investments        
Revenues:        
Rental income 71,390,000 70,270,000 144,540,000 139,136,000
Resident fees and services 0 0 0 0
Interest and other income 5,150,000 6,175,000 10,070,000 12,666,000
Total revenues 76,540,000 76,445,000 154,610,000 151,802,000
Utilities 0 0 0 0
Dietary 0 0 0 0
Labor 0 0 0 0
Taxes and insurance 2,742,000 2,914,000 5,546,000 5,801,000
Management fees 0 0 0 0
Other senior housing operating expenses 0 0 0 0
NOI 73,798,000 73,531,000 149,064,000 146,001,000
Depreciation and amortization 16,337,000 17,095,000 32,899,000 33,483,000
Interest expense 0 180,000 0 929,000
Legal expense 0 0 0 0
Franchise, excise and other taxes 0 0 0 0
General and administrative expenses 0 0 0 0
Proxy contest and related expenses   0   0
Loan and realty gains, net (59,000) (1,393,000) (109,000) (1,407,000)
Gains on dispositions of real estate properties (21,967,000) (110,000) (24,579,000) (224,000)
Gains from equity method investment   (1,524,000)   (1,939,000)
Other non-operating income 0   0  
Income tax expense 0   0  
Net income 79,487,000 59,283,000 140,853,000 115,159,000
Capital expenditures     19,453,000 141,833,000
Operating Segments | SHOP        
Revenues:        
Rental income 0 0 0 0
Resident fees and services 44,779,000 14,217,000 81,839,000 28,156,000
Interest and other income 0 0 0 0
Total revenues 44,779,000 14,217,000 81,839,000 28,156,000
Utilities 2,277,000 940,000 4,749,000 2,037,000
Dietary 2,667,000 1,104,000 4,900,000 2,149,000
Labor 18,297,000 4,324,000 32,996,000 8,623,000
Taxes and insurance 3,100,000 1,413,000 5,996,000 2,951,000
Management fees 2,172,000 710,000 4,118,000 1,401,000
Other senior housing operating expenses 5,244,000 1,905,000 9,167,000 4,088,000
NOI 11,022,000 3,821,000 19,913,000 6,907,000
Depreciation and amortization 9,192,000 2,811,000 16,306,000 5,569,000
Interest expense 0 0 0 0
Legal expense 0 0 0 0
Franchise, excise and other taxes 0 0 0 0
General and administrative expenses 0 0 0 0
Proxy contest and related expenses   0   0
Loan and realty gains, net 0 0 0 0
Gains on dispositions of real estate properties 0 0 0 0
Gains from equity method investment   0   0
Other non-operating income 0   0  
Income tax expense 0   0  
Net income 1,830,000 1,010,000 3,607,000 1,338,000
Capital expenditures     221,504,000 2,462,000
Non-Segment /Corporate        
Revenues:        
Rental income 0 0 0 0
Resident fees and services 0 0 0 0
Interest and other income 0 0 0 0
Total revenues 0 0 0 0
Utilities 0 0 0 0
Dietary 0 0 0 0
Labor 0 0 0 0
Taxes and insurance 0 0 0 0
Management fees 0 0 0 0
Other senior housing operating expenses 0 0 0 0
NOI 0 0 0 0
Depreciation and amortization 19,000 12,000 34,000 23,000
Interest expense 15,814,000 14,821,000 30,854,000 28,409,000
Legal expense 445,000 1,095,000 750,000 2,521,000
Franchise, excise and other taxes 213,000 243,000 428,000 512,000
General and administrative expenses 8,823,000 6,125,000 16,674,000 12,954,000
Proxy contest and related expenses   1,308,000   1,572,000
Loan and realty gains, net 0 0 0 0
Gains on dispositions of real estate properties 0 0 0 0
Gains from equity method investment   0   0
Other non-operating income (86,000)   (121,000)  
Income tax expense 732,000   732,000  
Net income $ (25,960,000) $ (23,604,000) (49,351,000) (45,991,000)
Capital expenditures     $ 390,000 $ 0