XML 62 R49.htm IDEA: XBRL DOCUMENT v3.25.2
Fair Value of Assets and Liabilities - Assets and Liabilities (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
property
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
property
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Impairment of assets | $ $ 30,993 $ 6,545 $ 69,465 $ 18,687  
Number of Properties | property 341   341    
Held for sale          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Number of Properties | property 21   21    
Medical Office          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Impairment of assets | $ $ 13,794   $ 52,266    
Medical Office | Held for sale          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Number of Properties | property 4   4    
SHOP          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Impairment of assets | $ $ 17,199        
Corporate Joint Venture          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Number of Properties | property 11   11    
Corporate Joint Venture | Seaport Innovation LLC          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Equity method investment ownership percentage 10.00%   10.00%    
Holding period     10 years    
Number of Properties | property 1   1    
Corporate Joint Venture | Seaport Innovation LLC | Discount Rate          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Measurement input 0.0700   0.0700    
Corporate Joint Venture | Seaport Innovation LLC | Exit Capitalization Rate          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Measurement input 0.0600   0.0600    
Corporate Joint Venture | The LSMD Fund REIT LLC          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Equity method investment ownership percentage 20.00%   20.00%    
Holding period     10 years    
Number of Properties | property 10   10    
Corporate Joint Venture | The LSMD Fund REIT LLC | Discount Rate | Minimum          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Measurement input 0.0650   0.0650    
Corporate Joint Venture | The LSMD Fund REIT LLC | Discount Rate | Maximum          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Measurement input 0.0950   0.0950    
Corporate Joint Venture | The LSMD Fund REIT LLC | Exit Capitalization Rate | Minimum          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Measurement input 0.0550   0.0550    
Corporate Joint Venture | The LSMD Fund REIT LLC | Exit Capitalization Rate | Maximum          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Measurement input 0.0850   0.0850    
Recurring Fair Value Measurements Assets | Level 3 | Joint Venture | Carrying Value | Seaport Innovation LLC          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Investments in affiliates, fair value | $ $ 94,415   $ 94,415   $ 81,949
Recurring Fair Value Measurements Assets | Level 3 | Joint Venture | Carrying Value | The LSMD Fund REIT LLC          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Investments in affiliates, fair value | $ 44,736   44,736   44,910
Recurring Fair Value Measurements Assets | Level 2 | Carrying Value | Interest Rate Cap          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Derivative asset | $ $ 18   $ 18   0
Non-Recurring Fair Value Measurements Assets | Medical Office          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Number of Properties | property 7   7    
Aggregate sales price | $ $ 17,892   $ 17,892    
Non-Recurring Fair Value Measurements Assets | Medical Office | Held for sale          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Number of Properties | property 2   2    
Non-Recurring Fair Value Measurements Assets | SHOP          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Aggregate sales price | $ $ 23,042   $ 23,042    
Non-Recurring Fair Value Measurements Assets | SHOP | Held for sale          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Number of Properties | property 10   10    
Non-Recurring Fair Value Measurements Assets | Level 2 | Carrying Value          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis          
Real estate properties held for sale | $ $ 40,934   $ 40,934   $ 0