CONCENTRATION OF CREDIT RISK (Tables)

3 Months Ended

Mar. 31, 2024

Risks and Uncertainties [Abstract]

Schedules of Concentration of Risk, by Risk Factor

The properties we triple-net leased to Brookdale, Ardent and Kindred accounted for a significant portion of total revenues and total NOI for the three months ended March 31, 2024 and 2023. The following table reflects the concentration risk related to our triple-net leased properties including assets held for sale for the periods presented:

	For the Three Months Ended March 31,
	2024		2023
Contribution as a Percentage of Total Revenues (1):
Brookdale	3.1	%	3.5	%
Ardent	2.8		3.1
Kindred	2.8		3.0
Contribution as a Percentage of Total NOI (2):
Brookdale	7.4	%	8.0	%
Ardent	6.7		7.1
Kindred	6.6		7.0

____________________________

(1)Total revenues include third party capital management revenues, income from loans and investments and interest and other income.

(2)See “Non-GAAP Financial Measures” included elsewhere in this Quarterly Report on Form 10-Q for additional disclosure and a reconciliation of net income attributable to common stockholders, as computed in accordance with GAAP, to NOI.