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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Rental income $ 62,178 $ 63,318 $ 201,314 $ 191,265
Resident fees and services 21,177 13,771 49,333 40,416
Interest income and other 6,492 5,855 19,158 17,745
Total revenues 89,847 82,944 269,805 249,426
Expenses:        
Depreciation 20,216 17,768 59,291 52,763
Interest 13,766 14,939 43,104 44,663
Senior housing operating expenses 16,253 10,744 37,502 31,494
Legal 134 240 2,655 641
Franchise, excise and other taxes, net 244 83 756 (56)
General and administrative 6,311 4,810 19,265 15,318
Proxy contest and related expenses 0 0 1,572 0
Taxes and insurance on leased properties 2,610 2,786 8,411 8,321
Loan and realty (gains) losses, net (1,979) 3,434 (3,386) 4,550
Total expenses 57,555 54,804 169,170 157,694
Gains on sales of real estate properties, net 113 102 337 1,718
Gains from equity method investment 73 0 2,012 402
Net income 32,478 28,242 102,984 93,852
Add: Net loss attributable to noncontrolling interests 384 298 1,030 891
Net income attributable to stockholders 32,862 28,540 104,014 94,743
Less: Net income attributable to unvested restricted stock awards (50) (29) (151) (90)
Net income attributable to common stockholders $ 32,812 $ 28,511 $ 103,863 $ 94,653
Weighted average common shares outstanding:        
Basic (in shares) 47,433,336 43,476,067 46,615,262 43,420,663
Diluted (in shares) 47,623,623 43,987,072 46,774,872 43,658,425
Earnings per share:        
Basic (in dollars per share) $ 0.69 $ 0.66 $ 2.23 $ 2.18
Diluted (in dollars per share) $ 0.69 $ 0.65 $ 2.22 $ 2.17