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Segment Reporting - Summary Information for Reportable Segments (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
[1]
Segment Reporting Information [Line Items]      
Resident fees and services $ 1,360,274 $ 1,131,685  
Rental income   417,652 384,059  
Interest income 52,664 36,405  
Other income 29,151 8,580  
Total revenues 1,859,741 1,560,729  
Property operating expenses 1,096,913 957,753  
Consolidated net operating income (loss) 762,828 602,976  
Depreciation and amortization 365,863 339,112  
Interest expense 147,318 144,403  
General and administrative expenses 53,318 44,371  
Loss (gain) on derivatives and financial instruments, net (3,054) 930  
Loss (gain) on extinguishment of debt, net 6 5  
Provision for loan losses, net 1,014 777  
Impairment of assets   43,331 12,629  
Other expenses 14,131 22,745  
Income (loss) from continuing operations before income taxes and other items 140,901 38,004  
Income tax (expense) benefit (6,191) (3,045)  
Income (loss) from unconsolidated entities (7,783) (7,071)  
Gain (loss) on real estate dispositions, net 4,707 747  
Income (loss) from continuing operations 131,634 28,635  
Net income (loss) 131,634 28,635  
Total assets 44,553,585   $ 44,012,166
Seniors Housing Operating      
Segment Reporting Information [Line Items]      
Rental income   130,565 108,915  
Operating Segments | Seniors Housing Operating      
Segment Reporting Information [Line Items]      
Resident fees and services 1,360,274 1,131,685  
Rental income   0 0  
Interest income 5,023 2,551  
Other income 1,463 2,445  
Total revenues 1,366,760 1,136,681  
Property operating expenses 1,019,347 883,784  
Consolidated net operating income (loss) 347,413 252,897  
Depreciation and amortization 236,796 220,407  
Interest expense 11,186 11,487  
General and administrative expenses 0 0  
Loss (gain) on derivatives and financial instruments, net 0 0  
Loss (gain) on extinguishment of debt, net 6 0  
Provision for loan losses, net 1,568 (73)  
Impairment of assets   43,331 12,629  
Other expenses 8,757 17,579  
Income (loss) from continuing operations before income taxes and other items 45,769 (9,132)  
Income tax (expense) benefit 0 0  
Income (loss) from unconsolidated entities (4,267) (15,589)  
Gain (loss) on real estate dispositions, net 4,602 833  
Income (loss) from continuing operations 46,104 (23,888)  
Net income (loss) 46,104 (23,888)  
Total assets 25,009,470    
Operating Segments | Triple-net      
Segment Reporting Information [Line Items]      
Resident fees and services 0 0  
Rental income   221,744 202,419  
Interest income 46,789 33,763  
Other income 1,199 1,883  
Total revenues 269,732 238,065  
Property operating expenses 10,817 11,723  
Consolidated net operating income (loss) 258,915 226,342  
Depreciation and amortization 62,535 54,528  
Interest expense 358 (15)  
General and administrative expenses 0 0  
Loss (gain) on derivatives and financial instruments, net (3,054) 930  
Loss (gain) on extinguishment of debt, net 0 0  
Provision for loan losses, net (567) 850  
Impairment of assets   0 0  
Other expenses 1,205 2,467  
Income (loss) from continuing operations before income taxes and other items 198,438 167,582  
Income tax (expense) benefit 0 0  
Income (loss) from unconsolidated entities (3,153) 8,432  
Gain (loss) on real estate dispositions, net 26 520  
Income (loss) from continuing operations 195,311 176,534  
Net income (loss) 195,311 176,534  
Total assets 9,883,758    
Operating Segments | Outpatient Medical      
Segment Reporting Information [Line Items]      
Resident fees and services 0 0  
Rental income   195,908 181,640  
Interest income 852 91  
Other income 2,402 3,100  
Total revenues 199,162 184,831  
Property operating expenses 62,463 58,365  
Consolidated net operating income (loss) 136,699 126,466  
Depreciation and amortization 66,532 64,177  
Interest expense 1,718 4,104  
General and administrative expenses 0 0  
Loss (gain) on derivatives and financial instruments, net 0 0  
Loss (gain) on extinguishment of debt, net 0 5  
Provision for loan losses, net 13 0  
Impairment of assets   0 0  
Other expenses 609 547  
Income (loss) from continuing operations before income taxes and other items 67,827 57,633  
Income tax (expense) benefit 0 0  
Income (loss) from unconsolidated entities (363) 86  
Gain (loss) on real estate dispositions, net 79 (606)  
Income (loss) from continuing operations 67,543 57,113  
Net income (loss) 67,543 57,113  
Total assets 7,414,657    
Non-segment/Corporate      
Segment Reporting Information [Line Items]      
Resident fees and services 0 0  
Rental income   0 0  
Interest income 0 0  
Other income 24,087 1,152  
Total revenues 24,087 1,152  
Property operating expenses 4,286 3,881  
Consolidated net operating income (loss) 19,801 (2,729)  
Depreciation and amortization 0 0  
Interest expense 134,056 128,827  
General and administrative expenses 53,318 44,371  
Loss (gain) on derivatives and financial instruments, net 0 0  
Loss (gain) on extinguishment of debt, net 0 0  
Provision for loan losses, net 0 0  
Impairment of assets   0 0  
Other expenses 3,560 2,152  
Income (loss) from continuing operations before income taxes and other items (171,133) (178,079)  
Income tax (expense) benefit (6,191) (3,045)  
Income (loss) from unconsolidated entities 0 0  
Gain (loss) on real estate dispositions, net 0 0  
Income (loss) from continuing operations (177,324) (181,124)  
Net income (loss) (177,324) $ (181,124)  
Total assets $ 2,245,700    
[1] The consolidated balance sheet at December 31, 2023 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements.