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LEASES (Tables)
 3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Operating Lease Expenses
The components of operating lease expense are as follows:
Three Months Ended March 31,
20252024
Rent - cost of services(1)
$57,076 $51,876 
Cost of services(2)
6,429 5,770 
General and administrative expense199 153 
Depreciation and amortization(3)
142 303 
$63,846 $58,102 
(1)Rent- cost of services includes deferred rent expense adjustments of $208 and $195 for the three months ended March 31, 2025 and 2024, respectively. Additionally, rent- cost of services includes other variable lease costs such as CPI increases and short-term leases of $4,004 and $3,057 for the three months ended March 31, 2025 and 2024, respectively.
(2)Cost of services includes variable lease costs, which consists of property taxes and insurance.
(3)Depreciation and amortization is related to the amortization of favorable and direct lease costs.
Schedule of Future Minimum Lease Payments
Future minimum lease payments for all third-party leases as of March 31, 2025 are as follows:
YearAmount
2025 (remainder)$158,154 
2026210,667 
2027209,973 
2028208,964 
2029205,115 
2030200,938 
Thereafter1,635,059 
TOTAL LEASE PAYMENTS$2,828,870 
Less: present value adjustment (964,484)
PRESENT VALUE OF TOTAL LEASE LIABILITIES$1,864,386 
Less: current lease liabilities(97,176)
LONG-TERM OPERATING LEASE LIABILITIES$1,767,210 
Schedule of Rental Income from Third-Party Sources
Total rental income from all third-party sources for the three months ended March 31, 2025 and 2024 is as follows:

Three Months Ended March 31,
20252024
Pennant(1)
$4,122 $3,820 
Other third-party(2)
1,879 1,867 
TOTAL$6,001 $5,687 
(1) Pennant rental income includes variable rent such as property taxes of $310 and $318 during the three months ended March 31, 2025 and 2024.
(2) Other third-party includes rental revenue associated with the Company's subleases to third parties of $1,107 and $1,080 for the three months ended March 31, 2025 and 2024.
Schedule of Annual Rental Income
Future annual rental income for all third-party leases as of March 31, 2025 were as follows:
Year
Amount(1)
2025 (remainder)$18,591 
202624,123 
202723,605 
202823,369 
202923,292 
203022,300 
Thereafter98,057 
TOTAL$233,337 
(1) Annual rental income includes base rents and variable rental income pursuant to existing leases as of March 31, 2025.