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INVESTMENT IN REAL ESTATE PROPERTIES (Tables)
 9 Months Ended
Sep. 30, 2020
Real Estate Investments, Net [Abstract]  
Real Estate Properties Held for Investment
The Company’s real estate properties held for investment consisted of the following (dollars in thousands):
As of September 30, 2020
Property TypeNumber of
Properties		Number of
Beds/Units		Total
Real Estate
at Cost		Accumulated
Depreciation		Total
Real Estate
Investments, Net
Skilled Nursing/Transitional Care287 32,019 $3,642,653 $(360,742)$3,281,911 
Senior Housing - Leased64 4,242 707,379 (83,105)624,274 
Senior Housing - Managed47 4,924 931,655 (134,056)797,599 
Specialty Hospitals and Other27 1,193 663,982 (61,909)602,073 
425 42,378 5,945,669 (639,812)5,305,857 
Corporate Level817 (402)415 
$5,946,486 $(640,214)$5,306,272 
As of December 31, 2019
Property TypeNumber of
Properties		Number of
Beds/Units		Total
Real Estate
at Cost		Accumulated
Depreciation		Total
Real Estate
Investments, Net
Skilled Nursing/Transitional Care296 33,290 $3,701,666 $(306,565)$3,395,101 
Senior Housing - Leased62 3,820 630,688 (72,278)558,410 
Senior Housing - Managed46 4,809 907,771 (112,893)794,878 
Specialty Hospitals and Other25 1,193 639,721 (47,124)592,597 
429 43,112 5,879,846 (538,860)5,340,986 
Corporate Level737 (353)384 
$5,880,583 $(539,213)$5,341,370 
September 30, 2020December 31, 2019
Building and improvements$5,107,022 $5,042,435 
Furniture and equipment243,265 239,229 
Land improvements1,917 1,534 
Land594,282 597,385 
5,946,486 5,880,583 
Accumulated depreciation(640,214)(539,213)
$5,306,272 $5,341,370 
Future Minimum Rental Payments Receivable for Properties Held for Investment Under Non-Cancelable Operating Leases
As of September 30, 2020, the future minimum rental payments from the Company’s properties held for investment under non-cancelable operating leases were as follows and may materially differ from actual future rental payments received (in thousands):
October 1 through December 31, 2020$106,516 
2021431,202 
2022412,395 
2023402,083 
2024402,936 
Thereafter1,923,827 
$3,678,959