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Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases  
Schedule of Properties Owned/Leased Information

The following table provides additional information regarding the properties owned/leased for the periods indicated:

 

   2025   2024 
   December 31, 
   2025   2024 
Cumulative number of properties   133    114 
Cumulative number of operational beds   15,602    14,186 
Schedule of Additional Information on Properties Facilities Leased

The following table provides additional information regarding the properties/facilities leased by the Company as of December 31, 2025:

 

State 

Number of Operational Beds/Units

   Owned by Company   Leased by Company   Total 
State 

Number of Operational

Beds/Units

   Owned by Company   Leased by Company   Total 
Illinois   4,226    20    -    20 
Indiana   3,404    35    1    36 
Ohio   238    4    -    4 
Tennessee   1,412    15    -    15 
Kentucky   1,163    10    -    10 
Arkansas   1,568    13    -    13 
Kansas   354    6    -    6 
Missouri   1,921    18    -    18 
Oklahoma   477    5    -    5 
Texas   839    6    -    6 
Total properties   15,602    132    1    133 
                     
Facility Type                    
Skilled Nursing Facilities   15,195    130    1    131 
Long-Term Acute Care Hospitals   63    2    -    2 
Assisted Living Facility   344    10    -    10 
Total facilities   15,602    142    1    143 
Schedule of Future Minimum Rental Revenues

As of December 31, 2025, total future minimum rental revenues for the Company’s tenants are as follows:

 

Year  Amount 
(Amounts in $000’s)    
2026  $134,750 
2027   138,139 
2028   136,368 
2029   130,572 
2030   131,587 
Thereafter   388,668 
Total  $1,060,084 
Schedule of Property Leases to Third Parties

The following table provides summary information regarding the number of operational beds associated with a property leased by the Company and subleased to third-party operators:

 

   2025   2024 
   December 31, 
   2025   2024 
Number of facilities leased and subleased to third-parties   1    1 
Number of operational beds   68    68 
Schedule of Components of Lease Expense

The components of lease expense and other lease information are as follows (dollars in thousands):

 

   2025   2024 
   Years ended December 31, 
   2025   2024 
Operating lease cost  $397   $637 

 

   2025   2024 
   As of December 31, 
   2025   2024 
Operating lease right of use asset  $851   $1,204 
Operating lease liability  $851   $1,204 
Weighted average remaining lease term-operating leases (in years)   2.19    3.25 
Weighted average discount rate   4.1%   4.1%
Schedule of Future Minimum Lease Payments on Non-Cancellable Leases

Future minimum operating lease payments under non-cancellable leases as of December 31, 2025, reconciled to the Company’s operating lease liability presented on the consolidated balance sheets:

 

    (Amounts in
$000s)
 
2026  $397 
2027   397 
2028   100 
Total  $894 
Less Interest   (43)
Total operating lease liability  $851