Acquisitions (Tables)

9 Months Ended

Sep. 30, 2025

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Schedule of acquisition

The following table summarizes the allocation of the purchase consideration: is the net amount of May 2025 Acquiree's identifiable assets acquired and liabilities assumed as of the acquisition date (in thousands):

Cash and cash equivalents	$	309
Building and improvements	8,734
Land	2,127
Note payable assumed	(8,078)
Net identifiable assets acquired	$	3,092

The following is a summary of the total consideration paid and the noncontrolling interest at cost (in thousands):

Cash consideration transferred	2,303
Fair value of noncontrolling interest (49%)	789
Total consideration transferred	$	3,092

The following table summarizes the preliminary allocation of the purchase consideration to the identifiable assets acquired and liabilities assumed (in thousands):

Furniture and fixtures	$	1,000
Intangible asset - Certificate of Need	7,000
Total identifiable assets acquired	$	8,000

The following table summarizes the total consideration for the acquisition (in thousands):

Seller note	5,800
Deferred payment obligation	1,000
Equity interest in September 2025 Acquiree issued to seller	1,200
Total purchase consideration	$	8,000

Schedule of asset acquisition, adjustment on the effect of elimination

For purposes of consolidation and in accordance with ASC 842, the effect of elimination is adjusted against the acquired asset's carrying amount determined as follows (in thousands):

Building and improvements	8,734
Lease derecognition upon consolidation	(2,679)
Adjusted carrying value of building and improvements	$	6,055