Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Summary information for the reportable segments during the three months ended March 31, 2024 and 2023 is as follows ($ in thousands):

For the three months ended March 31, 2024:	Real Estate Investments		SHOP		Non-segment/Corporate		Total
Rental income	$	62,187	$	—	$	—	$	62,187
Resident fees and services	—		13,256		—		13,256
Interest income and other	5,942		—		128		6,070
Total revenues	68,129		13,256		128		81,513
Senior housing operating expenses	—		10,314		—		10,314
Taxes and insurance on leased properties	2,733		—		—		2,733
NOI	65,396		2,942		128		68,466
Depreciation	15,058		2,437		10		17,505
Interest	763		—		14,106		14,869
Legal	—		—		236		236
Franchise, excise and other taxes	—		—		(187)		(187)
General and administrative	—		—		5,642		5,642
Loan and realty losses	10		—		—		10
Gains on sales of real estate, net	(100)		—		—		(100)
Gains from equity method investment	(166)		—		—		(166)
Net income (loss)	$	49,831	$	505	$	(19,679)	$	30,657
Total assets	$	2,202,511	$	265,120	$	10,494	$	2,478,125

For the three months ended March 31, 2023:	Real Estate Investments		SHOP		Non-segment/Corporate		Total
Rental income	$	65,299	$	—	$	—	$	65,299
Resident fees and services	—		11,700		—		11,700
Interest income and other	5,308		—		81		5,389
Total revenues	70,607		11,700		81		82,388
Senior housing operating expenses	—		9,799		—		9,799
Taxes and insurance on leased properties	2,619		—		—		2,619
NOI	67,988		1,901		81		69,970
Depreciation	15,376		2,227		14		17,617
Interest	759		—		13,268		14,027
Legal	—		—		122		122
Franchise, excise and other taxes	—		—		183		183
General and administrative	—		—		5,653		5,653
Loan and realty gains	(418)		—		—		(418)
Gains on sales of real estate, net	(1,397)		—		—		(1,397)
Net income (loss)	$	53,668	$	(326)	$	(19,159)	$	34,183
Total assets	$	2,254,939	$	270,085	$	8,206	$	2,533,230