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v3.24.2

Subsequent Events (Details) |  | 1 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | --- | ---
Jul. 01, 2024 USD ($) item | Sep. 30, 2024 $ / shares | Aug. 31, 2024 $ / shares | Jul. 31, 2024 USD ($) $ / shares | Jun. 30, 2024 USD ($) item property | Dec. 31, 2023 USD ($) property
Equity |  |  |  |  |  |
Gross Investment |  |  |  |  | $ 1,342,069,000 |
Net Book Value |  |  |  |  | $ 949,300,000 | $ 987,965,000
Number of beds/units | item |  |  |  |  | 466 |
Revolving line of credit |  |  |  |  | $ 281,750,000 | $ 302,250,000
Properties sold |  |  |  |  |  |
Equity |  |  |  |  |  |
Number of properties sold | property |  |  |  |  | 9 | 5
Net Book Value |  |  |  |  | $ 22,445,000 | $ 21,723,000
Master lease agreement | Working capital loans |  |  |  |  |  |
Equity |  |  |  |  |  |
Gross Investment |  |  |  |  | 1,611,000 |
ALF |  |  |  |  |  |
Equity |  |  |  |  |  |
Gross Investment |  |  |  |  | 732,398,000 |
ALF | Properties sold |  |  |  |  |  |
Equity |  |  |  |  |  |
Gross Investment |  |  |  |  | 6,154,000 |
Net Book Value |  |  |  |  | 4,248,000 |
SNF |  |  |  |  |  |
Equity |  |  |  |  |  |
Gross Investment |  |  |  |  | $ 597,666,000 |
Subsequent Event |  |  |  |  |  |
Equity |  |  |  |  |  |
Lease termination fee received |  |  |  | $ 2,629,000,000 |  |
Subsequent Event | Cash Dividend, July 2024 |  |  |  |  |  |
Equity |  |  |  |  |  |
Dividends declared and paid per common share | $ / shares |  |  |  | $ 0.19 |  |
Subsequent Event | Cash Dividend, August 2024 |  |  |  |  |  |
Equity |  |  |  |  |  |
Dividends declared and paid per common share | $ / shares |  |  | $ 0.19 |  |  |
Subsequent Event | Cash Dividend, September 2024 |  |  |  |  |  |
Equity |  |  |  |  |  |
Dividends declared and paid per common share | $ / shares |  | $ 0.19 |  |  |  |
Subsequent Event | Working capital loans |  |  |  |  |  |
Equity |  |  |  |  |  |
Gross Investment | $ 11,987,000 |  |  |  |  |
Partial repayment from operator | $ 10,376,000 |  |  |  |  |
Subsequent Event | Properties sold |  |  |  |  |  |
Equity |  |  |  |  |  |
Number of properties sold | item | 80 |  |  |  |  |
Net Book Value | $ 6,154,000 |  |  |  |  |
Subsequent Event | Revolving line of credit |  |  |  |  |  |
Equity |  |  |  |  |  |
Repayment of debt | 18,160,000 |  |  |  |  |
Subsequent Event | Senior Unsecured Notes |  |  |  |  |  |
Equity |  |  |  |  |  |
Repayment of debt | 18,160,000 |  |  |  |  |
Revolving line of credit | $ 461,362,000 |  |  |  |  |
Subsequent Event | ALF | Properties sold |  |  |  |  |  |
Equity |  |  |  |  |  |
Number of properties sold | item | 80 |  |  |  |  |
Amount of real estate property sold | $ 7,959,000 |  |  |  |  |
Subsequent Event | ILF/ALF/MC | Illinois |  |  |  |  |  |
Equity |  |  |  |  |  |
Gross Investment | $ 26,120,000 |  |  |  |  |
Number of beds/units | item | 116 |  |  |  |  |
Borrower contribution | $ 12,300,000 |  |  |  |  |
Loan Term | 6 years |  |  |  |  |
Interest rate (as a percent) | 9.00% |  |  |  |  |
Internal Rate of Return | 9.50% |  |  |  |  |

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- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 + Details
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