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Real Estate Investments
3 Months Ended
Mar. 31, 2024
Real Estate [Abstract]  
Real Estate Investments REAL ESTATE INVESTMENTS
As of March 31, 2024, we had investments of approximately $1.1 billion in 197 real estate properties (including a portion of one property accounted for as a sales-type lease with a gross amount totaling approximately $3.0 million and two properties classified as held for sale with an aggregate amount totaling approximately $7.5 million). The Company's investments are diversified by property type, geographic location, and tenant as shown in the following tables:
Property Type# of PropertiesGross Investment
(in thousands)
Medical Office Building96 $469,475 
Inpatient Rehabilitation Hospitals174,772 
Acute Inpatient Behavioral 130,528 
Specialty Centers37 117,807 
Physician Clinics30 87,873 
Surgical Centers and Hospitals10 54,181 
Behavioral Specialty Facilities45,051 
Long-term Acute Care Hospitals21,484 
Total197 $1,101,171 
State# of PropertiesGross Investment
(in thousands)
Texas17 $162,944 
Illinois18 131,956 
Ohio26 114,169 
Florida25 109,490 
Pennsylvania15 59,531 
All Others96 523,081 
Total197 $1,101,171 

Primary Tenant# of PropertiesGross Investment
(in thousands)
Lifepoint Health
$105,862 
US HealthVest77,964 
All Others (less than 4%)188 917,345 
Total197 $1,101,171 

GenesisCare Bankruptcy
Effective February 16, 2024, one of the Company's tenants, GenesisCare and certain of its affiliates ("GenesisCare"), emerged from Chapter 11 bankruptcy protection, and GenesisCare U.S. is now an independent business delivering oncology and specialty care services in Florida and North Carolina. Of the Company's seven leases with GenesisCare, five were assumed or assigned to buyers as part of the bankruptcy process and two remain with the GenesisCare U.S. entity.