XML 169 R60.htm IDEA: XBRL DOCUMENT v3.25.3
Investment in Unconsolidated Joint Ventures - Investment (Details)
9 Months Ended
Sep. 30, 2025
USD ($)
item
Sep. 30, 2024
USD ($)
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 $ 18,342,000   $ 30,602,000
Gross Investment $ 1,596,451,000    
Percentage of Investment 100.00%    
Non-cash Income Accrued   $ 233,000  
Mortgage Loans      
Investment in Unconsolidated Joint Ventures      
Gross Investment $ 393,587,000    
Percentage of Investment 100.00%    
Joint Venture | Joint venture      
Investment in Unconsolidated Joint Ventures      
Income Recognized $ 4,543,000 1,739,000  
Cash Income Earned 4,578,000 948,000  
Non-cash Income Accrued 53,000 791,000  
SNF      
Investment in Unconsolidated Joint Ventures      
Gross Investment $ 599,663,000    
Percentage of Investment 37.50%    
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 $ 12,002,000    
Interest 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 434,000 589,000  
Cash Income Earned 434,000 589,000  
SH      
Investment in Unconsolidated Joint Ventures      
Gross Investment $ 984,783,000    
Percentage of Investment 61.70%    
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 884,000 359,000  
Cash Income Earned $ 884,000 359,000  
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 $ 3,225,000 791,000  
Cash Income Earned 3,260,000    
Non-cash Income Accrued 53,000 $ 791,000  
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