XML 60 R48.htm IDEA: XBRL DOCUMENT v3.25.1
Real Estate Investments - Mortgage Loan (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2025
USD ($)
loan
property
item
state
$ / item
Dec. 31, 2024
USD ($)
item
Real Estate [Line Items]    
Gross Investment | $ $ 1,329,856  
Percentage of Investment 100.00%  
Number of properties | property 121  
Number of beds/units 213  
SNF Beds    
Real Estate [Line Items]    
Number of beds/units 6,231  
ALF Units    
Real Estate [Line Items]    
Number of beds/units 4,472  
SNF    
Real Estate [Line Items]    
Gross Investment | $ $ 598,423  
Percentage of Investment 45.00%  
Number of properties | property 50  
Average Investment per Bed/Unit | $ / item 94.25  
SNF | SNF Beds    
Real Estate [Line Items]    
Number of beds/units 6,113  
SNF | ALF Units    
Real Estate [Line Items]    
Number of beds/units 236  
ALF    
Real Estate [Line Items]    
Gross Investment | $ $ 719,428  
Percentage of Investment 54.10%  
Number of properties | property 70  
Average Investment per Bed/Unit | $ / item 169.84  
ALF | ALF Units    
Real Estate [Line Items]    
Number of beds/units 4,236  
Mortgage loans with 10.3% Interest Maturing 2045 | SNF    
Real Estate [Line Items]    
Interest rate (as a percent) 10.30%  
Mortgage loans with 11.1% Interest Maturing 2043    
Real Estate [Line Items]    
Interest rate (as a percent) 8.50%  
Full contractual cash interest received | $ $ 4,991  
Interest cash receipts | $ 3,826  
Interest via application of security deposits | $ $ 1,165  
Annual increase in interest rate 2.25%  
Mortgage Loans Maturing In 2045 [Member]    
Real Estate [Line Items]    
Annual increase in interest rate 2.25%  
Mortgage Loans    
Real Estate [Line Items]    
Gross Investment | $ $ 317,527  
Percentage of Investment 100.00%  
Number of Loans | loan 9  
Number of properties | property 27  
Average Investment per Bed/Unit | $ / item 103.77  
Number of states in which properties are located | state 4  
Number of borrowers 6  
Mortgage Loans | Illinois    
Real Estate [Line Items]    
Interest rate (as a percent)   9.00%
Gross Investment | $   $ 26,120
Number of beds/units   116
Borrower contribution | $   $ 12,300
Loan Term   6 years
Internal Rate of Return   9.50%
Mortgage Loans | SNF Beds    
Real Estate [Line Items]    
Number of beds/units 2,726  
Mortgage Loans | ALF Units    
Real Estate [Line Items]    
Number of beds/units 334  
Mortgage Loans | Mortgage loans with 8.8% Interest Maturing 2025 | ALF    
Real Estate [Line Items]    
Interest rate (as a percent) 8.80%  
Gross Investment | $ $ 4,000  
Percentage of Investment 1.20%  
Number of Loans | loan 1  
Number of properties | property 2  
Average Investment per Bed/Unit | $ / item 43.48  
Mortgage Loans | Mortgage loans with 8.8% Interest Maturing 2025 | ALF | ALF Units    
Real Estate [Line Items]    
Number of beds/units 92  
Mortgage Loans | Mortgage loans with 7.8% Interest Maturing 2025 | ALF    
Real Estate [Line Items]    
Interest rate (as a percent) 7.80%  
Gross Investment | $ $ 16,706  
Percentage of Investment 5.30%  
Number of Loans | loan 1  
Number of properties | property 1  
Average Investment per Bed/Unit | $ / item 149.16  
Mortgage Loans | Mortgage loans with 7.8% Interest Maturing 2025 | ALF | ALF Units    
Real Estate [Line Items]    
Number of beds/units 112  
Mortgage Loans | Mortgage loans with 7.3% Interest Maturing 2025, NC | ALF    
Real Estate [Line Items]    
Interest rate (as a percent) 7.30%  
Gross Investment | $ $ 10,750  
Percentage of Investment 3.40%  
Number of Loans | loan 1  
Number of properties | property 1  
Average Investment per Bed/Unit | $ / item 238.89  
Mortgage Loans | Mortgage loans with 7.3% Interest Maturing 2025, NC | ALF | ALF Units    
Real Estate [Line Items]    
Number of beds/units 45  
Mortgage Loans | Mortgage loans with 8.8% Interest Maturing 2026    
Real Estate [Line Items]    
Interest rate (as a percent) 8.80%  
Mortgage Loans | Mortgage loans with 8.8% Interest Maturing 2026 | ALF    
Real Estate [Line Items]    
Gross Investment | $ $ 14,672  
Percentage of Investment 4.60%  
Number of Loans | loan 1  
Number of properties | property 1  
Average Investment per Bed/Unit | $ / item 172.61  
Mortgage Loans | Mortgage loans with 8.8% Interest Maturing 2026 | ALF | ALF Units    
Real Estate [Line Items]    
Number of beds/units 85  
Mortgage Loans | Mortgage loans with 8.8% Interest Maturing 2028 | SNF    
Real Estate [Line Items]    
Interest rate (as a percent) 8.80%  
Gross Investment | $ $ 16,500  
Percentage of Investment 5.20%  
Number of Loans | loan 1  
Number of properties | property 1  
Average Investment per Bed/Unit | $ / item 110  
Mortgage Loans | Mortgage loans with 8.8% Interest Maturing 2028 | SNF | SNF Beds    
Real Estate [Line Items]    
Number of beds/units 150  
Mortgage Loans | Mortgage loans with 10.3% Interest Maturing 2045 | SNF    
Real Estate [Line Items]    
Gross Investment | $ $ 19,700  
Percentage of Investment 6.20%  
Number of Loans | loan 1  
Number of properties | property 2  
Average Investment per Bed/Unit | $ / item 98.01  
Mortgage Loans | Mortgage loans with 10.3% Interest Maturing 2045 | SNF | SNF Beds    
Real Estate [Line Items]    
Number of beds/units 201  
Mortgage Loans | Mortgage loans with 11.1% Interest Maturing 2043 | SNF    
Real Estate [Line Items]    
Interest rate (as a percent) 11.10%  
Gross Investment | $ $ 180,699  
Percentage of Investment 56.90%  
Number of Loans | loan 1  
Number of properties | property 14  
Average Investment per Bed/Unit | $ / item 103.32  
Mortgage Loans | Mortgage loans with 11.1% Interest Maturing 2043 | SNF | SNF Beds    
Real Estate [Line Items]    
Number of beds/units 1,749  
Mortgage Loans | Mortgage loans with 10.0% Interest Maturing 2045 | SNF    
Real Estate [Line Items]    
Interest rate (as a percent) 10.00%  
Gross Investment | $ $ 39,700  
Percentage of Investment 12.50%  
Number of Loans | loan 1  
Number of properties | property 4  
Average Investment per Bed/Unit | $ / item 82.71  
Mortgage Loans | Mortgage loans with 10.0% Interest Maturing 2045 | SNF | SNF Beds    
Real Estate [Line Items]    
Number of beds/units 480  
Mortgage Loans | Mortgage Loans With 10.8% Interest Maturing 2045 [Member] | SNF    
Real Estate [Line Items]    
Interest rate (as a percent) 10.80%  
Gross Investment | $ $ 14,800  
Percentage of Investment 4.70%  
Number of Loans | loan 1  
Number of properties | property 1  
Average Investment per Bed/Unit | $ / item 101.37  
Mortgage Loans | Mortgage Loans With 10.8% Interest Maturing 2045 [Member] | SNF | SNF Beds    
Real Estate [Line Items]    
Number of beds/units 146