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v3.22.4

Equity - Noncontrolling Interest (Details) | 1 Months Ended | 12 Months Ended |
--- | --- | --- | ---
Jan. 31, 2023 USD ($) item lease | Dec. 31, 2022 USD ($) Center property lease item | Dec. 31, 2021 USD ($)
Noncontrolling interest |  |  |
Gross Consolidated Assets |  | $ 1,656,103,000 | $ 1,504,825,000
Non-controlling interests |  | 21,940,000 | $ 8,413,000
Contribution to JV |  | $ 61,661,000 |
Skilled nursing center purchased | Center |  | 3 |
Real estate property acquired |  | $ 75,825,000 |
Lease term |  | 10 years |
Lease renewal term | 5 years | 5 years |
Number of operating lease renewals | lease |  | 2 |
JV Partner |  |  |
Noncontrolling interest |  |  |
Contribution to JV |  | $ 14,325,000 |
SNF |  |  |
Noncontrolling interest |  |  |
Contribution to JV |  | $ 61,661,000 |
Skilled nursing center purchased | item |  | 3 |
Real estate property acquired |  | $ 75,825,000 |
Lease term |  | 10 years |
Lease renewal term |  | 5 years |
Number of operating lease renewals | lease |  | 2 |
Purchase Price |  | $ 51,534,000 |
Number of properties acquired | property |  | 4 |
SNF | JV Partner |  |  |
Noncontrolling interest |  |  |
Contribution to JV |  | $ 14,325,000 |
Partnership |  |  |
Noncontrolling interest |  |  |
Gross Consolidated Assets |  | 143,556,000 |
Non-controlling interests |  | 21,940,000 |
Virginia | 2019 Acquisitions | Partnership | ALF & MC |  |  |
Noncontrolling interest |  |  |
Gross Consolidated Assets |  | 76,767,000 |
Non-controlling interests |  | 14,325,000 |
Oregon | 2018 Acquisitions | Partnership | ALF & MC |  |  |
Noncontrolling interest |  |  |
Gross Consolidated Assets |  | 18,452,000 |
Non-controlling interests |  | 1,164,000 |
Oregon | 2018 Acquisitions | Partnership | ILF |  |  |
Noncontrolling interest |  |  |
Gross Consolidated Assets |  | 14,650,000 |
Non-controlling interests |  | 2,906,000 |
Wisconsin | 2017 Acquisitions | Partnership | ILF/ALF/MC |  |  |
Noncontrolling interest |  |  |
Gross Consolidated Assets |  | 22,007,000 |
Non-controlling interests |  | 2,305,000 |
South Carolina | 2017 Acquisitions | Partnership | ALF |  |  |
Noncontrolling interest |  |  |
Gross Consolidated Assets |  | 11,680,000 |
Non-controlling interests |  | $ 1,240,000 |
Subsequent Event |  |  |
Noncontrolling interest |  |  |
Contribution to JV | $ 117,900,000 |  |
Lease term | 10 years |  |
Lease renewal term | 5 years |  |
Number of operating lease renewals | lease | 2 |  |
Amount of joint venture investment | $ 121,321,000 |  |
Number of Assisted Living and Memory Care Communities | item | 11 |  |
Percentage of contractual initial cash yield | 7.25% |  |
Percentage of contractual initial cash yield in year three | 7.50% |  |
Percentage of floor on initial cash yield | 2.00% |  |
Percentage of ceiling on initial cash yield | 4.00% |  |
Maximum percentage of purchase option to buy properties | 50.00% |  |
Joint Venture Cash Return | 9.00% |  |

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