v3.26.1
COMBINED AND CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total Stockholders' Equity
Class A-1 Shares
Total Stockholders' Equity
Class A-2 Shares
Total Stockholders' Equity
Parent's Net Investment
Class A-1 Shares
Parent's Net Investment
Common Stock
Class A-1 Shares
Common Stock
Class A-2 Shares
Additional Paid-In Capital
Class A-1 Shares
Additional Paid-In Capital
Cumulative Dividends In Excess Of Earnings
Common Units of Janus OP, LLC, held by Healthpeak Properties, Inc.
Other Noncontrolling Interests
Class A-1 Shares
Class A-2 Shares
Total
Beginning balance at Dec. 31, 2024                             $ 1,308,853
Increase (Decrease) in Stockholders' Equity                              
Net income (loss)                             (4,680)
Net distributions to Parent                             (14,687)
Ending balance at Jun. 30, 2025                             1,289,486
Beginning balance at Dec. 31, 2024                             1,308,853
Increase (Decrease) in Stockholders' Equity                              
Net income (loss)                             6,349
Net distributions to Parent                             (32,892)
Ending balance at Dec. 31, 2025     $ 1,282,310   $ 1,282,310 $ 0 $ 0   $ 0 $ 0 $ 0 $ 0     1,282,310
Ending balance (in shares) at Dec. 31, 2025           0 0           0 0  
Beginning balance at Mar. 31, 2025                             1,303,522
Increase (Decrease) in Stockholders' Equity                              
Net income (loss)                             (2,570)
Net distributions to Parent                             (11,466)
Ending balance at Jun. 30, 2025                             1,289,486
Beginning balance at Dec. 31, 2025     1,282,310   1,282,310 $ 0 $ 0   0 0 0 0     1,282,310
Increase (Decrease) in Stockholders' Equity                              
Net income (loss)     42,055   39,888         2,167 649 28     42,732
Net contributions from Parent     837,092   $ 837,092                   837,092
Issuance of Class A common stock in connection with initial public offering / net of underwriting fees and offering costs $ 821,517 $ 759   $ (2,159,290)   $ 2,160 $ 759 $ 2,978,647         $ 821,517 $ 759  
Issuance of Class A common stock in connection with initial public offering / net of underwriting fees and offering costs (in shares)           215,973,000 75,918,000                
Issuance of noncontrolling interests in connection with initial public offering                     763,402 2,737     766,139
Stock-based compensation     171           171     225     396
Common dividends     (33,941)             (33,941)         (33,941)
Acquisition of noncontrolling interests                       345     345
Distributions to noncontrolling interests                     (12,140) (390)     (12,530)
Adjustments to noncontrolling interests     (211,344)           (211,344)   211,344       0
Ending balance at Jun. 30, 2026     2,738,619     $ 2,160 $ 759   2,767,474 (31,774) 963,255 2,945     3,704,819
Ending balance (in shares) at Jun. 30, 2026           215,973,000 75,918,000           215,972,996 75,917,780  
Beginning balance at Mar. 31, 2026     2,164,804     $ 1,872 $ 759   2,170,729 (8,556) 878,329 2,755     3,045,888
Beginning balance (in shares) at Mar. 31, 2026           187,223,000 75,918,000                
Increase (Decrease) in Stockholders' Equity                              
Net income (loss)     10,723             10,723 4,116 19     14,858
Issuance of Class A common stock in connection with initial public offering / net of underwriting fees and offering costs $ 689,827         $ 288   $ 689,539         $ 689,827    
Issuance of Class A common stock in connection with initial public offering / net of underwriting fees and offering costs (in shares)           28,750,000                  
Stock-based compensation     156           156     207     363
Common dividends     (33,941)             (33,941)         (33,941)
Distributions to noncontrolling interests                     (12,140) (36)     (12,176)
Adjustments to noncontrolling interests     (92,950)           (92,950)   92,950        
Ending balance at Jun. 30, 2026     $ 2,738,619     $ 2,160 $ 759   $ 2,767,474 $ (31,774) $ 963,255 $ 2,945     $ 3,704,819
Ending balance (in shares) at Jun. 30, 2026           215,973,000 75,918,000           215,972,996 75,917,780