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INVESTMENTS IN UNCONSOLIDATED ENTITIES (Tables) | 9 Months Ended
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Sep. 30, 2024
Equity Method Investments and Joint Ventures [Abstract] |
Equity Method Investments | Below is a summary of our investments in unconsolidated real estate entities, including through VIM, as of September 30, 2024 and December 31, 2023, respectively (dollars in thousands):
|  | Ownership as of (1) |  | Carrying Amount as of
|  | September 30, 2024 |  | December 31, 2023 |  | September 30, 2024 |  | December 31, 2023
Investments in unconsolidated real estate entities: |  |  |  |  |  |  |  |
Ventas Life Science & Healthcare Real Estate Fund |  | 20.0% |  | 20.1% |  | $ | 269,694 |  |  | $ | 264,442 |
Pension Fund Joint Venture |  | 25.0% |  | 25.0% |  | 15,511 |  |  | 22,169 |
Research & Innovation Development Joint Venture |  | 53.0% |  | 53.0% |  | 300,694 |  |  | 275,829 |
Ventas Investment Management platform |  |  |  |  |  | 585,899 |  |  | 562,440 |
Atrium Health & Wake Forest Joint Venture |  | 48.5% |  | 48.5% |  | 36,487 |  |  | 35,137 |
All other (2) |  | 34.0%-37.5% |  | 34.0%-37.5% |  | 610 |  |  | 629 |
Total investments in unconsolidated real estate entities |  |  |  |  |  | $ | 622,996 |  |  | $ | 598,206 |
______________________________ (1) The entities in which we have an ownership interest may have less than a 100% interest in the underlying real estate. The ownership percentages in the table reflect our interest in the entities. Joint venture members, including us in some instances, have equity participation rights based on the underlying performance of the investments, which could result in non pro rata distributions. (2) Includes investments in parking structures and other de minimis investments in unconsolidated real estate entities.

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 + Details
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