XML 45 R34.htm IDEA: XBRL DOCUMENT
v3.25.2

REAL ESTATE ASSETS (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
REAL ESTATE ASSET ACQUISITIONS AND DEVELOPMENT [Abstract] |
Schedule of operating and direct financing lease income | At June 30, 2025, our leased real estate properties included 577 SNFs, 342 ALFs, 19 ILFs, 18 specialty facilities and one medical office building. The following table summarizes the Company’s rental income:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | Three Months Ended June 30, | ​ | ​ | Six Months Ended June 30,
​ | 2025 |  | 2024 | ​ | ​ | 2025 | ​ | 2024
​ | (in thousands) | ​ | ​ | (in thousands)
Fixed income from operating leases | $ | 235,596 | ​ | $ | 210,554 | ​ | ​ | $ | 463,791 | ​ | $ | 413,846
Variable income from operating leases | ​ | 3,606 | ​ | ​ | 3,510 | ​ | ​ | ​ | 7,409 | ​ | ​ | 6,887
Interest income from direct financing leases | ​ | — | ​ | ​ | 251 | ​ | ​ | ​ | 180 | ​ | ​ | 503
Total rental income | $ | 239,202 | ​ | $ | 214,315 | ​ | ​ | $ | 471,380 | ​ | $ | 421,236
​
Summary of asset acquisitions | The following table summarizes the asset acquisitions that occurred during the six months ended June 30, 2025:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Number of | ​ | ​ | ​ | Total Real Estate | ​ | Initial | ​
​ |  | Facilities |  | ​ |  | Assets Acquired(1) |  | Annual | ​
Period | ​ | SNF | ALF | ​ | Country/State | ​ | (in millions) | ​ | Cash Yield(2) | ​
Q1 | ​ | — | 2 |  | TX | ​ | $ | 10.6 | ​ | 9.9 | %
Q1 | ​ | — | 4 | ​ | U.K. | ​ | ​ | 47.7 | ​ | 10.0 | %
Q2 | ​ | — | 45 | ​ | U.K. & Jersey | ​ | ​ | 344.2 | (3) | 10.0 | %
Q2 | ​ | — | 1 | ​ | CA | ​ | ​ | 11.6 | ​ | 10.0 | %
Q2 | ​ | — | 2 | ​ | NM | ​ | ​ | 32.0 | ​ | 10.0 | %
Q2 | ​ | — | 1 | ​ | SC | ​ | ​ | 8.5 | ​ | 10.0 | %
Q2 | ​ | 8 | — | ​ | TX | ​ | ​ | 105.8 | ​ | 10.0 | %
Total |  | 8 | 55 |  | ​ | ​ | $ | 560.4 |  | ​ | ​
(1) | Represents the acquisition cost that was allocated to our real estate assets on a relative fair value basis. This also represents the total cost of the acquisition unless specifically noted within the table, as the assets acquired in our acquisitions typically consists of only real estate assets. From time to time, we may have acquisitions in which additional assets and liabilities are assumed.
(2) | Initial annual cash yield reflects the initial annual contractual cash rent divided by the purchase price.
(3) | In April 2025, the Company acquired 45 facilities in the U.K. and the Bailiwick of Jersey (“Jersey”) for $344.2 million and leased the facilities to four existing and two new operators with a weighted average initial annual cash yield of 10.0% with annual escalators of 1.7% that ultimately increase to 2.5% after year 5.

X
- Definition Tabular disclosure of components of income from operating and direct finance leases. + References No definition available. + Details
Name: | ohi_OperatingAndDirectFinanceLeaseLeaseIncomeTableTextBlock
Namespace Prefix: | ohi_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of asset acquisition. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 50 -Name Accounting Standards Codification -Section 15 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480123/805-50-15-3 + Details
Name: | us-gaap_AssetAcquisitionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RealEstateAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration