The Company invests in healthcare-related properties located throughout the United States. The Company provides management, leasing, development and redevelopment services, and capital for the construction of new facilities as well as for the acquisition of existing properties. The following table summarizes the Company’s consolidated investments at December 31, 2025.


Dollars in thousands	NUMBER OF PROPERTIES	LAND		BUILDINGS AND IMPROVEMENTS		LEASE INTANGIBLES		PERSONAL PROPERTY		TOTAL		ACCUMULATED DEPRECIATION
Dallas, TX	36	$	73,030	$	851,579	$	24,481	$	541	$	949,631	$	(225,919)
Seattle, WA	24	43,312		563,636		4,920		695		612,563		(210,965)
Houston, TX	24	57,251		514,114		35,348		357		607,070		(120,217)
Charlotte, NC	31	33,173		483,755		23,597		143		540,668		(157,273)
Phoenix, AZ	33	28,913		428,078		20,690		2		477,683		(71,204)
Denver, CO	24	45,638		395,089		23,035		616		464,378		(117,569)
Raleigh, NC	26	56,706		369,535		24,188		23		450,452		(69,561)
Atlanta, GA	23	36,940		364,406		15,739		106		417,191		(98,267)
Nashville, TN	10	21,146		314,583		7,568		748		344,045		(128,484)
Boston, MA	13	115,549		219,953		31,828		60		367,390		(70,977)
Tampa, FL	17	28,987		311,061		20,820		24		360,892		(59,354)
Indianapolis, IN	35	49,245		262,450		17,949		13		329,657		(58,192)
Los Angeles, CA	15	49,770		272,041		438		340		322,589		(139,900)
Austin, TX	11	21,601		224,897		10,472		37		257,007		(49,954)
New York, NY	13	64,542		169,128		22,505		4		256,179		(32,180)
Miami, FL	10	20,323		215,441		10,515		103		246,382		(76,732)
Washington, DC	9	5,270		235,670		3,799		68		244,807		(71,092)
San Francisco, CA	6	49,181		185,080		9,915		52		244,228		(70,269)
Orlando, FL	7	9,793		171,976		13,279		—		195,048		(33,608)
Hartford, CT	25	29,199		140,739		16,006		33		185,977		(30,162)
Other (32 markets)	107	203,774		1,790,017		118,162		191		2,112,144		(490,164)
	499	1,043,343		8,483,228		455,254		4,156		9,985,981		(2,382,043)

Investment in financing receivables, net	1	—		—				—		123,249		—
Financing lease right-of-use assets	1	—		—		—		—		75,083		—

Land held for development	—	—		—		—		—		57,535		—
Corporate property	1	16,911		30,937		—		2,900		50,748		(15,752)
Total real estate investments	502	$	1,060,254	$	8,514,165	$	455,254	$	7,056	$	10,292,596	$	(2,397,795)