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INVESTMENTS IN JOINT VENTURES (Tables) | 6 Months Ended
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Jun. 30, 2025
INVESTMENTS IN JOINT VENTURES [Abstract] |
Schedule of equity method investments | The following is a summary of our investments in unconsolidated joint ventures (dollars in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Carrying Amount
​ | ​ | Ownership | ​ | Facility | ​ | Facility | ​ | June 30, | ​ | December 31,
Entity | ​ | % (1) | ​ | Type | ​ | Count (1) | ​ | 2025 |  | 2024
Lakeway Realty, L.L.C. | ​ | 51% | ​ | Specialty facility | ​ | 1 | ​ | $ | 65,979 | ​ | $ | 67,541
Second Spring Healthcare Investment | ​ | 15% | ​ | N/A | ​ | — | ​ | ​ | 7,320 |  | ​ | 7,117
Other Real Estate JVs(2)(3) | ​ | 20% – 50% | ​ | Various | ​ | 6 | ​ |  | 4,488 |  | ​ | 6,736
Other Healthcare JVs(3)(4) | ​ | 9% – 25% | ​ | N/A | ​ | N/A | ​ | ​ | 7,642 | ​ | ​ | 7,317
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 85,429 | ​ | $ | 88,711
(1) | Ownership percentages and facility counts are as of June 30, 2025.
(2) | Includes three joint ventures formed for the purpose of owning or providing financing for SNFs, ALFs or specialty facilities.
(3) | As of June 30, 2025, and December 31, 2024, we had an aggregate of $18.5 million of loans outstanding with these joint ventures.
(4) | Includes six joint ventures engaged in business that support the long-term healthcare industry and our operators.

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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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