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Investment in Unconsolidated Joint Ventures - Investment (Details) | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Mar. 31, 2024 USD ($) | Jun. 30, 2025 USD ($) item | Jun. 30, 2024 USD ($) | Dec. 31, 2024 USD ($)
Investment in Unconsolidated Joint Ventures |  |  |  |
Proceeds from divestment in joint venture |  | $ 13,000,000 |  |
Number of beds/units | item |  | 213 |  |
Carrying Value |  | $ 17,793,000 |  | $ 30,602,000
Gross Investment |  | $ 1,329,683,000 |  |
Percentage of Investment |  | 100.00% |  |
Non-cash Income Accrued |  |  | $ 233,000 |
Mortgage Loans |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |
Gross Investment |  | $ 356,815,000 |  |
Percentage of Investment |  | 100.00% |  |
Joint Venture | Joint venture |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |
Income Recognized | $ 1,047,000 | $ 4,104,000 |  |
Cash Income Earned | 421,000 | 4,050,000 |  |
Non-cash Income Accrued | 527,000 | 54,000 |  |
SNF |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |
Gross Investment |  | $ 598,800,000 |  |
Percentage of Investment |  | 45.00% |  |
SNF | Senior Loan | Texas |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |
Preferred return percentage |  | 9.20% |  |
Contractual cash portion |  | 9.20% |  |
Number of beds/units | item |  | 104 |  |
Carrying Value |  | $ 11,453,000 |  |
Amount With held in Reserve |  | 750,000 |  |
Capital expenditure reserve |  | $ 786,000 |  |
SNF | Senior Loan | Texas | Mortgage Loans with Interest |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |
Loan Term |  | 5 years |  |
Interest rate (as a percent) |  | 9.15% |  |
SNF | Senior Loan | Texas | Mortgage Loans |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |
Gross Investment |  | $ 12,700,000 | 11,164,000 |
SNF | Joint Venture | Joint venture |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |
Income Recognized |  | 589,000 | 295,000 |
Cash Income Earned |  | 589,000 | $ 196,000 |
SH |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |
Gross Investment |  | $ 718,878,000 |  |
Percentage of Investment |  | 54.10% |  |
SH | Joint Venture | Washington |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |
Preferred return percentage |  | 12.00% |  |
Contractual cash portion |  | 9.00% |  |
Number of beds/units | item |  | 109 |  |
Carrying Value |  | $ 6,340,000 |  |
SH | Joint Venture | Joint venture |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |
Income Recognized | 225,000 | 289,000 |  |
Cash Income Earned | 225,000 | $ 289,000 |  |
SH | Joint Venture | Joint venture | Internal Rate of Return is Until Eight Percent |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |
Percentage of internal rate of return |  | 8.00% |  |
SH | Joint Venture | Joint venture | The Internal Rate of Return is Between Twelve and Fourteen Percent | Minimum |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |
Percentage of internal rate of return |  | 12.00% |  |
SH | Joint Venture | Joint venture | The Internal Rate of Return is Between Twelve and Fourteen Percent | Maximum |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |
Percentage of internal rate of return |  | 14.00% |  |
SH | Joint Venture | Joint venture | Washington |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |
Percentage of Investment |  | 15.50% |  |
SH | Joint Venture | Joint venture | Washington | Internal Rate of Return is Until Eight Percent | Minimum |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |
Percentage of cash return |  | 7.00% |  |
SH | Joint Venture | Joint venture | Washington | Internal Rate of Return is Until Eight Percent | Maximum |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |
Percentage of cash return |  | 9.00% |  |
SH - preferred equity investment redeemed | Joint Venture | Joint venture |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |
Income Recognized | 527,000 | $ 3,226,000 |  |
Cash Income Earned |  | 3,172,000 |  |
Non-cash Income Accrued | $ 527,000 | 54,000 |  |
SH - preferred equity investment redeemed | Joint Venture | Joint venture | Washington |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |
Proceeds from divestment in joint venture |  | $ 15,962,000 |  |
Percentage of internal rate of return |  | 13.00% |  |
Number of beds/units | item |  | 267 |  |
Income Recognized |  | $ 2,962,000 |  |

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