XML 94 R83.htm IDEA: XBRL DOCUMENT v3.22.2.2
LEASES - Lessee Narrative (Details)
$ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended
Oct. 26, 2022
USD ($)
operation
agreement
bed
Sep. 30, 2022
USD ($)
renewal
facility
agreement
operation
bed
skilled_nursing_property
Mar. 31, 2022
USD ($)
Sep. 30, 2021
USD ($)
bed
Sep. 30, 2022
USD ($)
renewal
facility
operation
agreement
bed
skilled_nursing_property
lease
Sep. 30, 2021
USD ($)
bed
operation
Lessee, Lease, Description [Line Items]            
Lessee, operating lease, term of contract   10 years     10 years  
Lessee, operating lease, term extension     14 years      
Right-of-use assets obtained in exchange for new and modified operating lease obligations | $   $ 32,853 $ 120,349   $ 254,742 $ 175,617
New operations under separate master leases | operation   4        
Reduction of right-of-use asset operating lease liability due to acquiring leased assets | $   $ 10,080        
Operating lease, weighted average remaining lease term   15 years 1 month 6 days     15 years 1 month 6 days  
Operating lease, weighted average discount rate, percent   6.80%     6.80%  
Operational skilled nursing beds | bed   26,600     26,600  
Skilled Nursing Operations            
Lessee, Lease, Description [Line Items]            
Number of real estate skilled nursing properties acquired | skilled_nursing_property   3     3  
Number of businesses acquired | operation         11 14
Operational skilled nursing beds | bed   1,553   1,504 1,553 1,504
Skilled Nursing Operations | Subsequent Event            
Lessee, Lease, Description [Line Items]            
Number of businesses acquired | operation 9          
Cost of Sales and General and Administrative Expense            
Lessee, Lease, Description [Line Items]            
Rent expense | $   $ 38,940   $ 35,646 $ 111,976 $ 103,598
Minimum            
Lessee, Lease, Description [Line Items]            
Lessee, operating lease, renewal term   10 years     10 years  
Maximum            
Lessee, Lease, Description [Line Items]            
Lessee, operating lease, renewal term   15 years     15 years  
Amended Master Lease | Subsequent Event            
Lessee, Lease, Description [Line Items]            
Right-of-use assets obtained in exchange for new and modified operating lease obligations | $ $ 78,505          
Operational skilled nursing beds | bed 1,051          
Amended Master Lease | Skilled Nursing Operations | Subsequent Event            
Lessee, Lease, Description [Line Items]            
Number of businesses acquired | operation 8          
New Master Lease Agreement | Skilled Nursing Operations | Subsequent Event            
Lessee, Lease, Description [Line Items]            
Number of businesses acquired | operation 6          
Number of lease agreement | agreement 2          
CareTrust REIT            
Lessee, Lease, Description [Line Items]            
Skilled nursing, assisted living and independent living facilities | facility   97     97  
Master lease agreements | agreement   9     9  
Lessee, operating lease, renewal term   5 years     5 years  
Operating leases of lessee, contingent rentals, basis spread on variable rate   2.50%     2.50%  
Number of stand-alone leases | lease         1  
Rent expense | $   $ 16,259   $ 15,445 $ 47,911 $ 43,944
CareTrust REIT | Minimum            
Lessee, Lease, Description [Line Items]            
Lessee, operating lease, term of contract   13 years     13 years  
Lessee leasing arrangements, operating leases, number of renewal terms | renewal   2     2  
CareTrust REIT | Maximum            
Lessee, Lease, Description [Line Items]            
Lessee, operating lease, term of contract   20 years     20 years  
Lessee leasing arrangements, operating leases, number of renewal terms | renewal   3     3  
CareTrust REIT | Third Party Tenants Under Triple Net Lease Arrangements            
Lessee, Lease, Description [Line Items]            
Skilled nursing, assisted living and independent living facilities | facility   96     96  
CareTrust REIT | Purchase Option            
Lessee, Lease, Description [Line Items]            
Skilled nursing, assisted living and independent living facilities | facility   4     4  
Various Landlords            
Lessee, Lease, Description [Line Items]            
Master lease agreements | agreement   8     8  
Lessee, operating lease, term of contract   15 years     15 years  
Lessee leasing arrangements, operating leases, number of renewal terms | renewal   2     2  
Lessee, operating lease, renewal term   5 years     5 years  
Facilities under master lease arrangement | facility   48     48  
Various Landlords | Minimum            
Lessee, Lease, Description [Line Items]            
Lessee, operating lease, term of contract   5 years     5 years  
Various Landlords | Minimum | Equipment            
Lessee, Lease, Description [Line Items]            
Lessee, operating lease, term of contract   3 years     3 years  
Various Landlords | Maximum            
Lessee, Lease, Description [Line Items]            
Lessee, operating lease, term of contract   20 years     20 years  
Various Landlords | Maximum | Equipment            
Lessee, Lease, Description [Line Items]            
Lessee, operating lease, term of contract   5 years     5 years