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v3.23.2

Real Estate Investments - Acquisitions (Details) $ in Thousands | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | ---
Jun. 30, 2023 USD ($) | Mar. 31, 2023 USD ($) | Jun. 30, 2023 USD ($) item property | Jun. 30, 2022 USD ($) item property | Dec. 31, 2022 USD ($)
Real estate investments |  |  |  |  |
Non-Controlling Interest | $ 9,133 | $ 3,831 |  |  |
SNF |  |  |  |  |
Real estate investments |  |  |  |  |
Cash Paid at Acquisition |  |  |  | $ 51,815 |
Assets Acquired |  |  |  | $ 51,815 |
Number of properties acquired | property |  |  |  | 4 |
Number of beds/units acquired | item |  |  |  | 339 |
Lease term |  |  |  |  | 10 years
Contribution to JV |  |  |  |  | $ 61,661
SNF | Texas |  |  |  |  |
Real estate investments |  |  |  |  |
Lease term |  |  |  | 10 years |
Renewal term |  |  |  | 5 years |
Number of options available for renewal | item |  |  |  | 2 |
Working capital loan funded |  |  |  | $ 1,867 |
Cash yield percentage |  |  |  | 8.00% |
Cash yield percentage year two |  |  |  | 8.25% |
SNF | Texas | Minimum |  |  |  |  |
Real estate investments |  |  |  |  |
Annual increase in cash yield percentage |  |  |  | 2.00% |
SNF | Texas | Maximum |  |  |  |  |
Real estate investments |  |  |  |  |
Working capital loan funded |  |  |  | $ 2,000 |
Annual increase in cash yield percentage |  |  |  | 4.00% |
ALF |  |  |  |  |
Real estate investments |  |  |  |  |
Cash Paid at Acquisition |  |  | $ 43,759 |  |
Assumed Liabilities | 9,767 |  | 9,767 |  |
Non-Controlling Interest |  |  | 9,133 |  |
Transaction Costs |  |  | 363 |  |
Assets Acquired | 63,022 |  | $ 63,022 |  |
Number of properties acquired | property |  |  | 1 |  |
Number of beds/units acquired | item |  |  | 242 |  |
Amount of joint venture investment | 54,134 |  | $ 54,134 |  |
Contribution to JV |  |  | $ 45 |  |
Percentage of cash return |  |  | 9.75% |  |
Tax abatement intangible | $ 8,585 |  | $ 8,585 |  |
ALF | Encore Senior Living |  |  |  |  |
Real estate investments |  |  |  |  |
Lease term | 10 years |  | 10 years |  |
Percentage of contractual initial cash yield |  |  | 8.25% |  |
Amount committed to fund | $ 2,100 |  | $ 2,100 |  |
Rent receivable | $ 3,900 |  | $ 3,900 |  |

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- Definition This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed or capitalized during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. + References No definition available. + Details
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- Definition Amount of assets acquired at the acquisition date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
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