OTHER ASSETS (Tables)

9 Months Ended

Sep. 30, 2026

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

The following is a summary of our Other assets (dollars in thousands):


	As of September 30, 2026		As of December 31, 2025
Straight-line rent receivables	$	262,221	$	250,833
Deferred lease costs, net	179,881		163,481
Accounts receivable, net (1)	120,665		99,872
Investment in unconsolidated operating entities	105,382		100,614
Prepaid assets	115,187		81,389
Non-mortgage loans receivable, net	20,682		20,827

Other intangibles, net	9,987		10,681
Other (2)	107,633		97,832
Total Other assets	$	921,638	$	825,529

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(1) Allowance for doubtful accounts as of September 30, 2026 and December 31, 2025 were $80.7 million and $71.5 million, respectively.

(2) The balance as of December 31, 2025 included, among other items, stock warrants exercisable for 9.9% of the common equity of a parent company of Kindred at the pre-grant date value of such common equity (the “Scion Warrants”). In June 2026, we entered into an amendment to the Scion Warrants to, among other things, reduce the exercise price of the warrants and extend the warrant term to June 2036. The change in the Scion Warrants value represents partial consideration received in connection with the Kindred Master Lease amendment and the Scion Term Loan. The Scion Warrants were initially measured at fair value with changes in fair value being recognized within Other expense in our Consolidated Statements of Income.