XML 68 R53.htm IDEA: XBRL DOCUMENT v3.22.4
Real Estate Investments - Lease (Details)
1 Months Ended 12 Months Ended
Jan. 31, 2023
item
lease
Center
Dec. 31, 2022
USD ($)
property
Center
lease
item
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Real estate investments        
Lease renewal term 5 years 5 years    
Number of operating lease renewals | lease   2    
Skilled nursing center purchased | Center   3    
Write-off of straight-line rent and lease incentives balances   $ 256,000 $ 758,000 $ 23,214,000
Gross Investment   58,972,000    
Carrying value   $ 1,019,218,000 1,033,951,000  
Lease term   10 years    
Income and Expenses, Lessor [Abstract]        
Base cash rental income   $ 115,230,000 107,692,000 132,789,000
Variable cash rental income   15,516,000 14,332,000 15,167,000
Straight-line rent   (1,369,000) 467,000 1,778,000
Adjustment for collectability of lease incentives and rental income   (256,000) (758,000) (23,214,000)
Amortization of lease incentives   (877,000) (608,000) (426,000)
Total Rental Income   $ 128,244,000 $ 121,125,000 $ 126,094,000
Number of units | item   217    
Number of Re leased properties | property   18    
Percentage of reduction in rent and interest escalations   50.00% 50.00%  
Subsequent Event        
Real estate investments        
Lease renewal term 5 years      
Number of operating lease renewals | lease 2      
Lease term 10 years      
Florida | Brookdale Senior Living | Subsequent Event        
Income and Expenses, Lessor [Abstract]        
Number of units | item 216      
Purchase Option in Lease Arrangements        
Real estate investments        
Gross Investment   $ 202,013,000    
Carrying value   185,066,000    
ALF        
Income and Expenses, Lessor [Abstract]        
Lease termination fee received   $ 1,181,000    
Number of units | item   74    
ALF | Purchase Option in Lease Arrangements | Nebraska        
Real estate investments        
Number of properties | property   3    
Gross Investment   $ 7,633,000    
Carrying value   $ 2,948,000    
MC | Purchase Option in Lease Arrangements | Florida        
Real estate investments        
Number of properties | property   1    
Gross Investment   $ 15,201,000    
Carrying value   $ 12,500,000    
ALF & MC | Purchase Option in Lease Arrangements | California        
Real estate investments        
Number of properties | property   2    
Gross Investment   $ 38,895,000    
Carrying value   $ 33,719,000    
ALF & MC | Purchase Option in Lease Arrangements | South Carolina        
Real estate investments        
Number of properties | property   1    
Gross Investment   $ 11,680,000    
Carrying value   $ 9,052,000    
SNF        
Real estate investments        
Lease renewal term   5 years    
Number of operating lease renewals | lease   2    
Skilled nursing center purchased | item   3    
Number of properties acquired | property   4    
Lease term   10 years    
SNF | Brookdale Senior Living | Subsequent Event        
Real estate investments        
Skilled nursing center purchased | Center 2      
Additional term of lessor's operating lease renewal 5 years      
SNF | Florida | Brookdale Senior Living | Subsequent Event        
Income and Expenses, Lessor [Abstract]        
Number of units | item 216      
SNF | Texas        
Real estate investments        
Lease term   10 years    
SNF | Purchase Option in Lease Arrangements | Florida        
Real estate investments        
Number of properties | property   3    
Gross Investment   $ 76,767,000    
Carrying value   $ 75,999,000    
Number of properties acquired | item   3    
SNF | Purchase Option in Lease Arrangements | Texas        
Real estate investments        
Number of properties | property   4    
Gross Investment   $ 51,837,000    
Carrying value   $ 50,848,000    
Number of properties acquired | item   4    
Lease term   10 years