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v3.25.2

Real Estate Investments - Purchase Options (Details) $ in Thousands | 6 Months Ended |  |
--- | --- | --- | ---
Jun. 30, 2025 USD ($) | Jun. 30, 2025 property | Jun. 30, 2025 item | Dec. 31, 2024 USD ($)
Real estate investments |  |  |  |
Number of Properties |  | 121 | 121 |
Gross Investment | $ 1,329,683 |  |  |
Net Book Value | 907,883 |  |  | $ 925,848
Purchase Option in Lease Arrangements |  |  |  |
Real estate investments |  |  |  |
Number of Properties | property |  | 66 |  |
Gross Investment | 553,175 |  |  |
Net Book Value | $ 483,921 |  |  |
Purchase Option in Lease Arrangements | North Carolina |  |  |  |
Real estate investments |  |  |  |
Percentage of cash return | 9.00% |  |  |
Purchase Option in Lease Arrangements | North Carolina/ South Carolina |  |  |  |
Real estate investments |  |  |  |
Percentage of cash return | 8.00% |  |  |
Purchase Option in Lease Arrangements | Oklahoma |  |  |  |
Real estate investments |  |  |  |
Lease term, extension period | 4 years |  |  |
Financing receivables |  |  |  |
Real estate investments |  |  |  |
Number of Properties | property |  | 31 |  |
Gross Investment | $ 361,438 |  |  |
SH |  |  |  |
Real estate investments |  |  |  |
Number of Properties |  | 70 | 70 |
Gross Investment | 718,878 |  |  |
SH | Purchase Option in Lease Arrangements | Colorado/Kansas/Ohio/Texas |  |  |  |
Real estate investments |  |  |  |
Number of Properties | property |  | 17 |  |
Gross Investment | 65,403 |  |  |
Net Book Value | 29,784 |  |  |
SH | Purchase Option in Lease Arrangements | Georgia/South Carolina |  |  |  |
Real estate investments |  |  |  |
Number of Properties | property |  | 2 |  |
Gross Investment | 32,361 |  |  |
Net Book Value | 24,484 |  |  |
SH | Purchase Option in Lease Arrangements | North Carolina |  |  |  |
Real estate investments |  |  |  |
Number of Properties | property |  | 11 |  |
Gross Investment | 121,419 |  |  |
Net Book Value | 121,419 |  |  |
SH | Purchase Option in Lease Arrangements | North Carolina/ South Carolina |  |  |  |
Real estate investments |  |  |  |
Number of Properties | property |  | 13 |  |
Gross Investment | 122,460 |  |  |
Net Book Value | 122,460 |  |  |
SH | Purchase Option in Lease Arrangements | Oklahoma |  |  |  |
Real estate investments |  |  |  |
Number of Properties | property |  | 4 |  |
Gross Investment | 9,052 |  |  |
Net Book Value | 3,134 |  |  |
SH | Purchase Option in Lease Arrangements | South Carolina |  |  |  |
Real estate investments |  |  |  |
Number of Properties | property |  | 1 |  |
Gross Investment | 11,680 |  |  |
Net Book Value | 7,657 |  |  |
SH | 7.25% (2033 Maturity Year) | North Carolina |  |  |  |
Real estate investments |  |  |  |
Number of Properties | property |  | 11 |  |
Gross Investment | $ 121,419 |  |  |
Percentage of cash return | 9.00% |  |  |
SH | Option Window Period 2024 to 2028 [Member] | Purchase Option in Lease Arrangements | North Carolina |  |  |  |
Real estate investments |  |  |  |
Number of Properties | property |  | 4 |  |
Gross Investment | $ 41,000 |  |  |
Net Book Value | 41,000 |  |  |
SNF |  |  |  |
Real estate investments |  |  |  |
Number of Properties |  | 50 | 50 |
Gross Investment | 598,800 |  |  |
SNF | Purchase Option in Lease Arrangements | Florida |  |  |  |
Real estate investments |  |  |  |
Number of Properties | property |  | 3 |  |
Gross Investment | 76,560 |  |  |
Net Book Value | 76,560 |  |  |
SNF | Purchase Option in Lease Arrangements | Tennessee |  |  |  |
Real estate investments |  |  |  |
Number of Properties | property |  | 2 |  |
Gross Investment | 5,275 |  |  |
Net Book Value | 2,051 |  |  |
SNF | Purchase Option in Lease Arrangements | Texas |  |  |  |
Real estate investments |  |  |  |
Number of Properties | property |  | 4 |  |
Gross Investment | 52,726 |  |  |
Net Book Value | 48,276 |  |  |
ALF | Option Window Period 2029 [Member] | Purchase Option in Lease Arrangements | North Carolina | Brookdale Senior Living |  |  |  |
Real estate investments |  |  |  |
Number of Properties | property |  | 5 |  |
Gross Investment | 15,239 |  |  |
Net Book Value | $ 7,096 |  |  |

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