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Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Summary information for the reportable segments during the year ended December 31, 2023 and 2022 is as follows ($ in thousands):

For the year ended December 31, 2023:			Real Estate Investments						SHOP						Non-segment/Corporate						Total
Rental income			$	249,227					$	—					$	—					$	249,227
Resident fees and services			—						48,809						—						48,809
Interest income and other			21,448						—						351						21,799
Total revenues			270,675						48,809						351						319,835
Senior housing operating expenses			—						39,587						—						39,587
Taxes and insurance on leased properties			11,513						—						—						11,513
NOI			259,162						9,222						351						268,735
Depreciation			60,764						9,158						51						69,973
Interest			3,071						—						55,089						58,160
Legal			—						—						507						507
Franchise, excise and other taxes			—						—						449						449
General and administrative			—						—						19,314						19,314
Loan and realty losses, net			1,376						—						—						1,376
Gains on sales of real estate, net			(14,721)						—						—						(14,721)
Loss on operations transfer, net			(20)						—						—						(20)
Other income			(202)						—						—						(202)
Loss on early retirement of debt			—						—						73						73
Gains from equity method investment			(555)						—						—						(555)
Net income (loss)			$	209,449					$	64					$	(75,132)					$	134,381
Total assets			$	2,202,647					$	270,051					$	15,782					$	2,488,480

For the year ended December 31, 2022:			Real Estate Investments						SHOP						Non-segment/Corporate						Total
Rental income			$	217,700					$	—					$	—					$	217,700
Resident fees and services			—						35,796						—						35,796
Interest income and other			24,383						—						315						24,698
Total revenues			242,083						35,796						315						278,194
Senior housing operating expenses			—						28,193						—						28,193
Taxes and insurance on leased properties			9,788						—						—						9,788
NOI			232,295						7,603						315						240,213
Depreciation			64,407						6,408						65						70,880
Interest			3,089						—						41,828						44,917
Legal			—						—						2,555						2,555
Franchise, excise and other taxes			—						—						844						844
General and administrative			—						—						22,768						22,768
Loan and realty losses, net			61,911						—						—						61,911
Gains on sales of real estate, net			(28,342)						—						—						(28,342)
Gain on operations transfer, net			710						—						—						710
Gain on note receivable payoff			(1,113)						—						—						(1,113)
Loss on early retirement of debt			—						—						151						151
Gains from equity method investment			(569)						—						—						(569)
Net income (loss)			$	132,202					$	1,195					$	(67,896)					$	65,501
Total assets			$	2,225,176					$	274,135					$	8,113					$	2,507,424

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

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- References

No definition available.

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