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INVESTMENTS IN JOINT VENTURES (Tables)
 6 Months Ended
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):

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Carrying Amount

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Ownership

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Facility

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Facility

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June 30, 

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December 31, 

Entity

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% (1)

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Type

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Count (1)

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2025

    

2024

Lakeway Realty, L.L.C.

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51%

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Specialty facility

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1

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$

65,979

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$

67,541

Second Spring Healthcare Investment

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15%

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N/A

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—

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7,320

  

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7,117

Other Real Estate JVs(2)(3)

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20% – 50%

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Various

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6

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4,488

  

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6,736

Other Healthcare JVs(3)(4)

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9% – 25%

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N/A

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N/A

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7,642

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7,317

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$

85,429

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$

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.