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INVESTMENT IN REAL ESTATE PROPERTIES (Tables)
 3 Months Ended
Mar. 31, 2022
Real Estate [Abstract]  
Schedule of Real Estate Properties Held for Investment
The Company’s real estate properties held for investment consisted of the following (dollars in thousands):
As of March 31, 2022
Property TypeNumber of
Properties		Number of
Beds/Units		Total
Real Estate
at Cost		Accumulated
Depreciation		Total
Real Estate
Investments, Net
Skilled Nursing/Transitional Care279 30,920 $3,623,501 $(499,510)$3,123,991 
Senior Housing - Leased59 4,072 718,178 (108,364)609,814 
Senior Housing - Managed50 5,266 1,043,235 (183,148)860,087 
Behavioral Health13 795 418,625 (44,309)374,316 
Specialty Hospitals and Other15 392 225,443 (37,977)187,466 
416 41,445 6,028,982 (873,308)5,155,674 
Corporate Level873 (487)386 
$6,029,855 $(873,795)$5,156,060 
As of December 31, 2021
Property TypeNumber of
Properties		Number of
Beds/Units		Total
Real Estate
at Cost		Accumulated
Depreciation		Total
Real Estate
Investments, Net
Skilled Nursing/Transitional Care279 30,920 $3,617,359 $(474,534)$3,142,825 
Senior Housing - Leased60 4,099 720,581 (104,046)616,535 
Senior Housing - Managed49 5,140 1,012,398 (174,098)838,300 
Behavioral Health13 795 417,659 (41,556)376,103 
Specialty Hospitals and Other15 392 225,348 (36,623)188,725 
416 41,346 5,993,345 (830,857)5,162,488 
Corporate Level863 (467)396 
$5,994,208 $(831,324)$5,162,884 
March 31, 2022December 31, 2021
Building and improvements$5,175,057 $5,145,096 
Furniture and equipment265,312 262,969 
Land improvements4,003 4,295 
Land585,483 581,848 
Total real estate at cost6,029,855 5,994,208 
Accumulated depreciation(873,795)(831,324)
Total real estate investments, net$5,156,060 $5,162,884 
Schedule of Future Minimum Rental Payments from Non-Cancelable Operating Leases
As of March 31, 2022, 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):
April 1 through December 31, 2022$305,189 
2023394,427 
2024394,817 
2025387,304 
2026370,067 
Thereafter1,410,722 
$3,262,526