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SCHEDULE III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION
12 Months Ended
Dec. 31, 2023
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
SCHEDULE III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION
SCHEDULE III
REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION
As of December 31, 2023
(dollars in thousands)
Initial Cost to CompanyCost Capitalized Subsequent to AcquisitionGross Amount at which Carried at Close of PeriodLife on Which Depreciation in Latest Income Statement is Computed
 DescriptionOwnership Percentage
Encum- brances(1)
Land 
Building and Improve- ments(2)(3)
Total 
Land 
Building and Improve- ments(2)(3)
Total Accumulated Depreciation and AmortizationOriginal Date of Construction/ Renovation 
Date Acquired
Skilled Nursing/Transitional Care Facilities         
Bedford, NH100%$5,006 $1,911 $12,245 $14,156 $— $1,911 $10,546 $12,457 $(5,272)1992/2010, 201911/15/1036
Milford, NH100%— 312 1,679 1,991 — 312 1,168 1,480 (986)1890/200511/15/1020
North Conway, NH100%10,337 417 5,352 5,769 — 417 4,374 4,791 (2,006)1988/200911/15/1043
Wolfeboro, NH100%8,708 454 4,531 4,985 — 454 3,747 4,201 (1,669)1984/1986, 1987, 200911/15/1041
Middletown, DE100%— 1,650 21,730 23,380 — 1,650 21,730 23,380 (7,574)200508/01/1140
Dover, DE100%— 4,940 15,500 20,440 — 4,940 15,500 20,440 (5,676)1996/201608/01/1140
Wilmington, DE100%— 2,460 25,240 27,700 12,436 2,460 37,676 40,136 (9,841)2009/202208/01/1140
Millsboro, DE100%— 1,640 22,620 24,260 — 1,632 22,620 24,252 (8,095)200808/01/1140
Warrington, PA100%— 2,617 11,662 14,279 395 2,617 288 2,905 — 1958/2009/ 201603/30/1240
Duffield, VA100%— 509 5,018 5,527 1,333 509 5,964 6,473 (2,388)1981/201305/10/1240
Arlington, TX100%— 3,783 14,219 18,002 — 3,783 13,702 17,485 (3,956)2003/201211/30/1240
Rockport, TX100%— 1,005 6,628 7,633 — 1,005 6,212 7,217 (1,824)2002/2012, 201811/30/1240
Lincoln, NE100%— 6,368 29,919 36,287 — 6,368 29,919 36,287 (8,351)1962/1996, 201302/14/1440
Fremont, NE100%— 615 16,176 16,791 — 615 16,176 16,791 (4,953)200802/14/1440
Fremont, NE100%— 615 2,943 3,558 — 615 2,943 3,558 (1,069)1970/1979, 1983, 199402/14/1440
Bartlesville, OK100%— 1,332 6,904 8,236 986 1,332 7,890 9,222 (2,190)1989/201910/29/1440
Oklahoma City, OK100%— 2,189 23,567 25,756 2,534 2,189 25,749 27,938 (6,639)1963/1984, 2018, 201910/29/1440
Norman, OK100%— 869 5,236 6,105 785 869 6,021 6,890 (1,847)2001/2013, 201910/29/1440
Minneapolis, MN100%— 2,931 6,943 9,874 1,190 2,931 7,999 10,930 (1,800)1941/2014, 201908/17/1740
Eugene, OR100%— 2,205 28,700 30,905 2,252 2,205 30,952 33,157 (5,883)1988/201608/17/1740
Lebanon, OR100%— 958 14,176 15,134 — 958 14,176 15,134 (2,427)197408/17/1740
Portland, OR100%— 1,791 12,833 14,624 2,761 1,791 15,594 17,385 (3,466)1964/201608/17/1740
Initial Cost to CompanyCost Capitalized Subsequent to AcquisitionGross Amount at which Carried at Close of PeriodLife on Which Depreciation in Latest Income Statement is Computed
 DescriptionOwnership Percentage
Encum- brances(1)
Land 
Building and Improve- ments(2)(3)
Total 
Land 
Building and Improve- ments(2)(3)
Total Accumulated Depreciation and AmortizationOriginal Date of Construction/ Renovation 
Date Acquired
Tigard, OR100%— 2,011 11,667 13,678 — 2,011 11,667 13,678 (2,064)197508/17/1740
Hillsboro, OR100%— 1,387 14,028 15,415 — 1,387 14,028 15,415 (2,399)197308/17/1740
Junction City, OR100%— 584 7,901 8,485 — 584 7,901 8,485 (1,403)1966/201508/17/1740
Eugene, OR100%— 1,380 14,921 16,301 1,791 1,380 16,712 18,092 (3,421)1966/201608/17/1740
Coos Bay, OR100%— 829 8,518 9,347 — 829 8,518 9,347 (1,569)196808/17/1740
Gladstone, OR100%— 792 5,000 5,792 — 792 5,000 5,792 (907)196108/17/1740
Newport, OR100%— 406 5,001 5,407 — 406 5,001 5,407 (866)1973/201408/17/1740
Oregon City, OR100%— 1,496 12,142 13,638 — 1,496 12,142 13,638 (2,076)197408/17/1740
Tacoma, WA100%— 1,771 11,595 13,366 15 1,771 11,610 13,381 (2,313)201708/17/1740
Shoreline, WA100%— 4,703 14,444 19,147 — 4,703 14,444 19,147 (2,559)1993/201408/17/1740
Bellingham, WA100%— — 15,330 15,330 — — 15,330 15,330 (2,740)1984/201508/17/1740
Sequim, WA100%— 427 4,450 4,877 — 427 4,450 4,877 (954)197408/17/1740
Tacoma, WA100%— 1,705 4,952 6,657 — 1,705 4,952 6,657 (925)196808/17/1740
Tacoma, WA100%— 2,195 1,956 4,151 — 2,195 1,956 4,151 (484)1972/201408/17/1740
Vancouver, WA100%— 1,782 15,116 16,898 — 1,782 15,116 16,898 (2,798)199108/17/1740
Lake Oswego, OR100%— 5,947 13,401 19,348 — 5,947 13,401 19,348 (2,395)2005/201608/17/1740
Medford, OR100%— 2,043 38,485 40,528 2,960 2,043 41,445 43,488 (7,773)1974/201608/17/1740
Seattle, WA100%— 2,508 6,401 8,909 — 2,508 6,401 8,909 (1,158)197008/17/1740
Boise, ID100%— 681 9,348 10,029 627 681 9,975 10,656 (1,774)197908/17/1740
Salem, OR100%— 2,114 15,651 17,765 — 2,114 15,651 17,765 (2,758)198108/17/1740
Medford, OR100%— 1,375 23,808 25,183 — 1,375 23,808 25,183 (4,231)1961/201608/17/1740
Northglenn, CO100%— 1,662 26,014 27,676 3,258 1,662 29,272 30,934 (5,916)1972/201608/17/1740
Brighton, CO100%— 1,933 11,624 13,557 200 1,933 11,824 13,757 (2,166)197108/17/1740
Santa Ana, CA100%— 1,889 11,682 13,571 — 1,889 11,682 13,571 (1,947)200808/17/1740
La Mesa, CA100%— 1,276 8,177 9,453 — 1,276 8,177 9,453 (1,416)201208/17/1740
Westminster, MD100%— 2,128 6,614 8,742 487 2,128 6,978 9,106 (1,618)1973/2010, 201908/17/1740
Initial Cost to CompanyCost Capitalized Subsequent to AcquisitionGross Amount at which Carried at Close of PeriodLife on Which Depreciation in Latest Income Statement is Computed
 DescriptionOwnership Percentage
Encum- brances(1)
Land 
Building and Improve- ments(2)(3)
Total 
Land 
Building and Improve- ments(2)(3)
Total Accumulated Depreciation and AmortizationOriginal Date of Construction/ Renovation 
Date Acquired
Kansas City, MO100%— 1,985 2,714 4,699 303 1,714 — 1,714 — 198308/17/1740
Parkersburg, WV100%— 697 10,688 11,385 285 697 10,911 11,608 (2,428)1974/1999, 201908/17/1740
Cincinnati, OH100%— 2,686 10,062 12,748 295 2,686 10,357 13,043 (2,058)1989/201508/17/1740
Charlottesville, VA100%— 2,840 8,450 11,290 1,176 2,840 9,523 12,363 (2,334)1964/2009, 201908/17/1740
Annandale, VA100%— 7,241 17,727 24,968 3,218 7,241 20,864 28,105 (4,579)1963/2013, 201908/17/1740
Petersburg, VA100%— 988 8,416 9,404 146 988 8,478 9,466 (1,672)1970/200908/17/1740
Petersburg, VA100%— 1,174 8,858 10,032 151 1,174 8,942 10,116 (1,749)1976/201008/17/1740
Hagerstown, MD100%— 1,393 13,438 14,831 150 1,393 13,477 14,870 (2,501)1971/201008/17/1740
Cumberland, MD100%— 800 16,973 17,773 457 800 17,305 18,105 (3,237)196808/17/1740
Gilroy, CA100%— 662 23,775 24,437 — 662 23,775 24,437 (4,022)1968/202108/17/1740
Mount Pleasant, SC100%— 2,689 3,942 6,631 205 2,689 4,147 6,836 (831)1977/201508/17/1740
Harrogate, TN100%— 1,811 4,963 6,774 — 1,811 4,963 6,774 (1,054)1990/200508/17/1740
Conway, SC100%— 1,408 10,784 12,192 295 1,408 11,079 12,487 (2,075)197508/17/1740
Baytown, TX100%— 426 3,236 3,662 173 426 3,251 3,677 (683)1975/201908/17/1740
Huntsville, TX100%— 302 3,153 3,455 75 302 3,168 3,470 (644)1968/201908/17/1740
Center, TX100%— 231 1,335 1,566 312 231 1,477 1,708 (398)1972/201908/17/1740
Humble, TX100%— 2,114 1,643 3,757 596 2,114 1,953 4,067 (571)1972/201908/17/1740
Houston, TX100%— 1,019 5,734 6,753 318 1,019 5,807 6,826 (1,124)1982/201908/17/1740
Linden, TX100%— 112 256 368 133 112 280 392 (98)1968/201908/17/1740
Sherman, TX100%— 469 6,310 6,779 255 469 6,338 6,807 (1,188)1971/201908/17/1740
Mount Pleasant, TX100%— 250 6,913 7,163 345 250 7,160 7,410 (1,372)1970/201908/17/1740
Waxahachie, TX100%— 416 7,259 7,675 976 416 8,106 8,522 (1,618)1976/201908/17/1740
Gilmer, TX100%— 707 4,552 5,259 93 707 4,562 5,269 (910)1990/201908/17/1740
Sparks, NV100%— 1,986 9,004 10,990 — 1,986 9,004 10,990 (1,714)198808/17/1740
Richmond, IN100%— 259 9,819 10,078 131 259 9,950 10,209 (1,856)1975/200508/17/1740
Petersburg, IN100%— 581 5,367 5,948 23 581 5,390 5,971 (1,054)1970/200908/17/1740
Maryville, MO100%— 114 5,955 6,069 — 150 5,955 6,105 (1,187)197208/17/1740
Initial Cost to CompanyCost Capitalized Subsequent to AcquisitionGross Amount at which Carried at Close of PeriodLife on Which Depreciation in Latest Income Statement is Computed
 DescriptionOwnership Percentage
Encum- brances(1)
Land 
Building and Improve- ments(2)(3)
Total 
Land 
Building and Improve- ments(2)(3)
Total Accumulated Depreciation and AmortizationOriginal Date of Construction/ Renovation 
Date Acquired
Ashland, MO100%— 765 2,669 3,434 — 229 628 857 — 199308/17/1740
St. Louis, MO100%— 2,071 5,739 7,810 — 375 818 1,193 — 1988/199108/17/1740
Doniphan, MO100%— 657 8,251 8,908 — 657 8,251 8,908 (1,551)199108/17/1740
Dixon, MO100%— 521 3,358 3,879 — 521 3,358 3,879 (684)1989/201108/17/1740
Forsyth, MO100%— 594 8,549 9,143 — 594 8,549 9,143 (1,631)1993/200708/17/1740
Seymour, MO100%— 658 901 1,559 — 658 901 1,559 (240)199008/17/1740
Silex, MO100%— 807 4,990 5,797 — 807 4,990 5,797 (965)199108/17/1740
Columbia, MO100%— 2,322 6,547 8,869 — 2,322 6,547 8,869 (1,287)199408/17/1740
Strafford, MO100%— 1,634 6,518 8,152 — 1,634 6,518 8,152 (1,253)199508/17/1740
Windsor, MO100%— 471 6,819 7,290 — 471 6,819 7,290 (1,188)199608/17/1740
Conroe, TX100%— 1,222 19,099 20,321 — 1,222 19,099 20,321 (3,251)200108/17/1740
Houston, TX100%— 1,334 11,615 12,949 — 1,334 11,615 12,949 (2,060)2003/201308/17/1740
Humble, TX100%— 1,541 12,332 13,873 645 1,541 12,977 14,518 (2,611)2003/201908/17/1740
Missouri City, TX100%— 1,825 9,681 11,506 — 1,825 9,681 11,506 (1,784)200508/17/1740
Houston, TX100%— 2,676 7,396 10,072 — 2,676 7,396 10,072 (1,394)200508/17/1740
Houston, TX100%— 1,732 12,921 14,653 — 1,732 12,921 14,653 (2,274)199908/17/1740
Topeka, KS100%— 176 2,340 2,516 — 176 2,340 2,516 (474)1973/201308/17/1740
Salina, KS100%— 301 4,201 4,502 — 301 4,201 4,502 (814)198108/17/1740
Terre Haute, IN100%— 1,067 7,061 8,128 — 1,067 7,061 8,128 (1,286)1965/198408/17/1740
Gas City, IN100%— 345 8,852 9,197 — 345 8,852 9,197 (1,536)1974/202208/17/1740
Winchester, IN100%— 711 5,554 6,265 — 711 5,554 6,265 (1,016)1986/1998, 202108/17/1740
Columbus, IN100%— 1,290 10,714 12,004 — 1,290 10,714 12,004 (1,868)1988/2004, 202208/17/1740
Portland, IN100%— 315 9,848 10,163 — 315 9,848 10,163 (1,743)1964/202208/17/1740
Clinton, IN100%— 884 9,839 10,723 — 884 9,839 10,723 (1,829)1971/202108/17/1740
Las Vegas, NV100%— 509 18,216 18,725 — 509 18,216 18,725 (3,036)196408/17/1740
Las Vegas, NV100%— 3,169 7,863 11,032 — 3,169 7,863 11,032 (1,477)1972/199708/17/1740
Alameda, CA100%— 3,078 22,328 25,406 — 3,078 22,328 25,406 (3,806)1967/202108/17/1740
Dover, NH100%— 522 5,839 6,361 — 522 5,839 6,361 (1,385)1969/1992, 201708/17/1740
Initial Cost to CompanyCost Capitalized Subsequent to AcquisitionGross Amount at which Carried at Close of PeriodLife on Which Depreciation in Latest Income Statement is Computed
 DescriptionOwnership Percentage
Encum- brances(1)
Land 
Building and Improve- ments(2)(3)
Total 
Land 
Building and Improve- ments(2)(3)
Total Accumulated Depreciation and AmortizationOriginal Date of Construction/ Renovation Date Acquired
Augusta, ME100%— 135 6,470 6,605 — 135 6,470 6,605 (1,206)196708/17/1740
Bangor, ME100%— 302 1,811 2,113 2,211 302 4,021 4,323 (1,019)1967/1993, 201908/17/1740
Bath, ME100%— 250 1,934 2,184 — 250 1,934 2,184 (402)197408/17/1740
Brewer, ME100%— 177 14,497 14,674 2,520 177 17,017 17,194 (3,371)1974/1990, 201908/17/1740
Kennebunk, ME100%— 198 6,822 7,020 2,005 198 8,827 9,025 (1,634)1977/202208/17/1740
Norway, ME100%— 791 3,680 4,471 — 791 3,680 4,471 (729)197608/17/1740
Yarmouth, ME100%— 134 2,072 2,206 — 134 2,072 2,206 (442)195208/17/1740
Marlborough, MA100%— 942 1,541 2,483 8,727 942 10,268 11,210 (3,468)1973/201808/17/1740
Bangor, ME100%— 229 7,171 7,400 511 229 7,682 7,911 (1,446)1969/1993, 202208/17/1740
Orange, CA100%— 4,163 14,755 18,918 — 4,163 14,755 18,918 (2,640)1987/202008/17/1740
Lancaster, TX100%— 548 5,794 6,342 — 548 5,794 6,342 (1,140)200808/17/1740
Garland, TX100%— 1,118 7,490 8,608 — 1,118 7,490 8,608 (1,403)200808/17/1740
Clarksville, TX100%— 279 4,269 4,548 100 279 4,369 4,648 (970)1989/201908/17/1740
McKinney, TX100%— 1,272 6,047 7,319 — 1,272 6,047 7,319 (1,217)200608/17/1740
Hopkins, MN100%— 807 4,668 5,475 530 807 5,198 6,005 (1,418)1961/2008, 201908/17/1740
Florence, WI100%— 291 3,778 4,069 — 291 3,778 4,069 (795)197008/17/1740
St. Francis, WI100%— 166 1,887 2,053 — 166 1,887 2,053 (412)1960/199708/17/1740
Rochester, MN100%— 645 7,067 7,712 178 645 7,245 7,890 (1,442)1967/2011, 201908/17/1740
Wisconsin Dells, WI100%— 1,640 1,599 3,239 — 1,640 1,599 3,239 (453)1972/200608/17/1740
Sheboygan, WI100%— 1,038 2,839 3,877 — 1,038 2,839 3,877 (681)1967/201208/17/1740
Hendersonville, NC100%— 1,611 3,503 5,114 — 1,611 3,503 5,114 (774)197908/17/1740
Baytown, TX100%— 579 22,317 22,896 103 579 22,419 22,998 (3,865)2000/201308/17/1740
Baytown, TX100%— 589 20,475 21,064 362 589 20,837 21,426 (3,830)200808/17/1740
Initial Cost to CompanyCost Capitalized Subsequent to AcquisitionGross Amount at which Carried at Close of PeriodLife on Which Depreciation in Latest Income Statement is Computed
 DescriptionOwnership Percentage
Encum- brances(1)
Land 
Building and Improve- ments(2)(3)
Total 
Land 
Building and Improve- ments(2)(3)
Total Accumulated Depreciation and AmortizationOriginal Date of Construction/ Renovation Date Acquired
Houston, TX100%— 1,300 13,353 14,653 31 1,300 13,384 14,684 (2,475)200608/17/1740
Pasadena, TX100%— 1,148 23,579 24,727 47 1,148 23,626 24,774 (4,142)200408/17/1740
Webster, TX100%— 904 10,315 11,219 24 904 10,338 11,242 (1,958)2000/200908/17/1740
Beaumont, TX100%— 945 20,424 21,369 272 945 20,696 21,641 (3,634)200908/17/1740
Orange, TX100%— 711 10,737 11,448 186 711 10,923 11,634 (2,014)200608/17/1740
Huntsville, AL100%— 634 28,071 28,705 19 634 28,089 28,723 (4,713)1968/201208/17/1740
Terre Haute, IN100%— 644 37,451 38,095 59 644 37,511 38,155 (7,069)1996/201308/17/1740
Madison, TN100%— 902 3,850 4,752 23 902 3,873 4,775 (886)1969/201608/17/1740
Savannah, GA100%— 1,235 3,765 5,000 18 1,235 3,783 5,018 (908)1970/201508/17/1740
Bowling Green, KY100%— 280 13,975 14,255 32 280 14,007 14,287 (2,597)1970/201508/17/1740
Calvert City, KY100%— 1,176 7,012 8,188 25 1,176 7,037 8,213 (1,385)1962/201508/17/1740
Winchester, KY100%— 554 13,207 13,761 43 554 13,250 13,804 (2,507)1967/201508/17/1740
Calhoun, KY100%— 613 7,643 8,256 30 613 7,673 8,286 (1,551)1963/201508/17/1740
Bremen, IN100%— 173 7,393 7,566 38 173 7,431 7,604 (1,373)1982/201508/17/1740
Muncie, IN100%— 374 27,429 27,803 38 374 27,467 27,841 (4,710)1980/201308/17/1740
Lebanon, IN100%— 612 11,755 12,367 39 612 11,794 12,406 (2,141)1977/201208/17/1740
Marietta, GA100%— 364 16,116 16,480 20 364 16,137 16,501 (3,004)1969/201508/17/1740
Danville, KY100%— 790 9,356 10,146 32 790 9,388 10,178 (2,048)1962/201508/17/1740
Owensboro, KY100%— 1,048 22,587 23,635 40 1,048 22,627 23,675 (4,031)1963/201108/17/1740
Memphis, TN100%— 1,633 9,371 11,004 21 1,633 9,392 11,025 (1,832)1981/201508/17/1740
Norfolk, VA100%— 705 16,451 17,156 33 705 16,485 17,190 (3,322)1969/201508/17/1740
Harrodsburg, KY100%— 1,049 9,851 10,900 21 1,049 9,872 10,921 (2,050)1975/201608/17/1740
Cookeville, TN100%— 1,034 15,555 16,589 32 1,034 15,586 16,620 (2,841)1979/201608/17/1740
Washington Court House, OH100%— 405 4,839 5,244 20 405 4,859 5,264 (1,049)1984/201508/17/1740
Galion, OH100%— 836 668 1,504 14 836 683 1,519 (237)1967/198508/17/1740
Roanoke Rapids, NC100%— 373 10,308 10,681 25 373 10,334 10,707 (2,070)1967/201508/17/1740
Kinston, NC100%— 954 7,987 8,941 73 954 8,059 9,013 (1,807)1960/201508/17/1740
Chapel Hill, NC100%— 809 2,703 3,512 1,191 809 3,893 4,702 (964)1984/201508/17/1740
Chillicothe, OH100%— 260 8,924 9,184 19 260 8,943 9,203 (1,850)1974/201508/17/1740
Coshocton, OH100%— 374 2,530 2,904 37 374 2,567 2,941 (715)1974/201508/17/1740
Pine Knot, KY100%— 208 7,665 7,873 23 208 7,689 7,897 (1,447)199008/17/1740
Initial Cost to CompanyCost Capitalized Subsequent to AcquisitionGross Amount at which Carried at Close of PeriodLife on Which Depreciation in Latest Income Statement is Computed
 DescriptionOwnership Percentage
Encum- brances(1)
Land 
Building and Improve- ments(2)(3)
Total 
Land 
Building and Improve- ments(2)(3)
Total Accumulated Depreciation and AmortizationOriginal Date of Construction/ Renovation Date Acquired
Bardstown, KY100%— 634 4,094 4,728 16 634 4,110 4,744 (903)1968/201008/17/1740
Glasgow, KY100%— 83 2,057 2,140 28 83 2,086 2,169 (552)196808/17/1740
Carrollton, KY100%— 124 1,693 1,817 21 124 1,714 1,838 (476)1978/201608/17/1740
Horse Cave, KY100%— 208 7,070 7,278 38 208 7,108 7,316 (1,460)199308/17/1740
Lawrenceburg, KY100%— 635 9,861 10,496 17 635 9,879 10,514 (1,887)197308/17/1740
Annville, KY100%— 479 6,078 6,557 17 479 6,095 6,574 (1,140)198908/17/1740
Louisville, KY100%— 3,528 4,653 8,181 24 3,528 4,677 8,205 (1,095)1982/201208/17/1740
Louisville, KY100%— 2,207 20,733 22,940 29 2,207 20,761 22,968 (3,667)1991/201008/17/1740
Tompkinsville, KY100%— 333 9,556 9,889 26 333 9,582 9,915 (1,809)196908/17/1740
Radcliff, KY100%— 1,815 7,470 9,285 34 1,815 7,504 9,319 (1,793)198608/17/1740
Hartford, KY100%— 312 8,189 8,501 21 312 8,210 8,522 (1,583)196708/17/1740
Louisville, KY100%— 427 6,003 6,430 21 427 6,023 6,450 (1,237)1975/200508/17/1740
Louisville, KY100%— 1,134 9,166 10,300 28 1,134 9,194 10,328 (1,938)1979/201308/17/1740
Lexington, KY100%— 2,558 4,311 6,869 51 2,558 4,361 6,919 (998)198908/17/1740
Columbia, KY100%— 114 11,141 11,255 28 114 11,169 11,283 (2,063)196508/17/1740
Monticello, AR100%— 206 3,179 3,385 — 206 3,179 3,385 (704)199508/17/1740
Benton, AR100%— 1,336 7,386 8,722 — 1,336 7,386 8,722 (1,493)199208/17/1740
Wynne, AR100%— 227 4,007 4,234 — 227 4,007 4,234 (818)199008/17/1740
Morrilton, AR100%— 412 2,642 3,054 3,038 467 5,680 6,147 (936)1996/202208/17/1740
Bryant, AR100%— 819 8,938 9,757 — 819 8,938 9,757 (1,609)1989/201508/17/1740
Savannah, GA100%— 2,194 11,711 13,905 — 2,194 11,711 13,905 (2,080)197208/17/1740
Initial Cost to CompanyCost Capitalized Subsequent to AcquisitionGross Amount at which Carried at Close of PeriodLife on Which Depreciation in Latest Income Statement is Computed
 DescriptionOwnership Percentage
Encum- brances(1)
Land 
Building and Improve- ments(2)(3)
Total 
Land 
Building and Improve- ments(2)(3)
Total Accumulated Depreciation and AmortizationOriginal Date of Construction/ Renovation Date Acquired
Durham, NC100%— 470 9,633 10,103 — 470 9,633 10,103 (1,695)1968/200608/17/1740
Raleigh, NC100%— 1,155 11,749 12,904 — 1,155 11,749 12,904 (2,117)197108/17/1740
Raleigh, NC100%— 926 17,649 18,575 — 926 17,649 18,575 (3,125)1967/200708/17/1740
Wilmington, NC100%— 611 5,051 5,662 — 611 5,051 5,662 (1,015)1966/201308/17/1740
Winston-Salem, NC100%— 879 3,283 4,162 — 879 3,283 4,162 (753)196508/17/1740
Lincolnton, NC100%— — 9,967 9,967 — — 9,967 9,967 (1,803)197608/17/1740
Monroe, NC100%— 166 5,906 6,072 — 166 5,906 6,072 (1,189)1963/200508/17/1740
Zebulon, NC100%— 594 8,559 9,153 — 594 8,559 9,153 (1,486)1973/201008/17/1740
Rocky Mount, NC100%— — 18,314 18,314 — — 18,314 18,314 (3,123)197508/17/1740
DeSoto, TX100%— 942 6,033 6,975 320 942 6,353 7,295 (1,236)198708/17/1740
Trinity, TX100%— 363 3,852 4,215 — 363 3,852 4,215 (822)1985/201908/17/1740
Kirbyville, TX100%— 208 5,809 6,017 — 208 5,809 6,017 (1,186)198708/17/1740
Marshall, TX100%— 732 4,288 5,020 — 732 4,288 5,020 (901)200808/17/1740
Warren, MI100%— 2,052 25,539 27,591 — 2,052 25,539 27,591 (5,009)1961/200108/17/1740
Hamburg, NY100%— 1,026 54,086 55,112 — 1,026 54,086 55,112 (9,273)1983/201408/17/1740
East Patchogue, NY100%— 2,181 30,373 32,554 — 2,181 30,373 32,554 (5,478)1988/201108/17/1740
Williamsville, NY100%— 1,122 46,413 47,535 — 1,122 46,413 47,535 (7,814)1992/200708/17/1740
Cheektowaga, NY100%— 1,164 29,905 31,069 — 1,164 29,905 31,069 (5,335)1979/200608/17/1740
North Tonawanda, NY100%— 830 29,488 30,318 — 830 29,488 30,318 (5,259)1982/200708/17/1740
West Seneca, NY100%— 1,325 26,839 28,164 — 1,325 26,839 28,164 (4,698)1974/200808/17/1740
Beverly, MA100%— 2,410 13,588 15,998 — 2,410 13,588 15,998 (3,199)1965/201508/17/1740
Initial Cost to CompanyCost Capitalized Subsequent to AcquisitionGross Amount at which Carried at Close of PeriodLife on Which Depreciation in Latest Income Statement is Computed
 DescriptionOwnership Percentage
Encum- brances(1)
Land 
Building and Improve- ments(2)(3)
Total 
Land 
Building and Improve- ments(2)(3)
Total Accumulated Depreciation and AmortizationOriginal Date of Construction/ Renovation Date Acquired
Lancaster, MA100%— 343 7,733 8,076 — 343 7,733 8,076 (1,407)1970/200508/17/1740
New London, CT100%— 505 2,248 2,753 48 505 2,296 2,801 (712)1967/201608/17/1740
Enfield, CT100%— 437 16,461 16,898 231 437 16,693 17,130 (3,085)1968/201508/17/1740
Quincy, MA100%— 894 904 1,798 129 894 1,033 1,927 (335)1965/200308/17/1740
Fishkill, NY100%— 964 30,107 31,071 421 964 30,518 31,482 (5,495)199508/17/1740
Highland, NY100%— 4,371 11,473 15,844 260 4,371 11,733 16,104 (2,252)199808/17/1740
Beacon, NY100%— — 25,400 25,400 267 — 25,666 25,666 (4,802)200208/17/1740
Springfield, MA100%— 817 11,357 12,174 386 817 11,743 12,560 (2,094)198708/17/1740
Andover, MA100%— 2,123 5,383 7,506 18 2,123 5,401 7,524 (1,131)199208/17/1740
Reading, MA100%— 1,534 5,221 6,755 540 1,534 5,760 7,294 (1,216)198808/17/1740
Sudbury, MA100%— 2,017 3,458 5,475 421 2,017 3,879 5,896 (922)1997/202108/17/1740
Lowell, MA100%— 1,335 9,019 10,354 489 1,335 9,508 10,843 (1,847)1966/200708/17/1740
Worcester, MA100%— 945 8,770 9,715 50 945 8,820 9,765 (1,693)1970/198808/17/1740
W. Springfield, MA100%— 2,022 7,345 9,367 — 2,022 7,345 9,367 (1,556)1960/198508/17/1740
East Longmeadow, MA100%— 2,968 8,957 11,925 790 2,968 9,748 12,716 (2,055)1985/200508/17/1740
Long Beach, CA100%— 2,939 11,782 14,721 — 2,939 11,690 14,629 (2,246)1968/201109/19/1740
Anaheim, CA100%— 2,044 14,167 16,211 — 2,044 14,167 16,211 (2,643)1968/201109/19/1740
Fairfield, CA100%— 586 23,582 24,168 — 586 23,582 24,168 (4,095)1966/200609/19/1740
Baldwin Park, CA100%— 2,270 17,063 19,333 — 2,270 17,063 19,333 (3,126)1970/201509/19/1740
Grand Terrace, CA100%— 432 9,382 9,814 — 432 9,382 9,814 (1,732)1945/201709/19/1740
Pacifica, CA100%— 1,510 27,397 28,907 — 1,510 27,397 28,907 (4,692)197509/19/1740
Burien, WA100%— 823 17,431 18,254 — 826 17,431 18,257 (3,145)1965/201409/19/1740
Seattle, WA100%— 4,802 7,927 12,729 — 4,802 7,927 12,729 (1,604)1963/201609/19/1740
Huntington Bch, CA100%— 2,312 9,885 12,197 — 2,312 9,885 12,197 (1,817)1965/201009/19/1740
Initial Cost to CompanyCost Capitalized Subsequent to AcquisitionGross Amount at which Carried at Close of PeriodLife on Which Depreciation in Latest Income Statement is Computed
 DescriptionOwnership Percentage
Encum- brances(1)
Land 
Building and Improve- ments(2)(3)
Total 
Land 
Building and Improve- ments(2)(3)
Total Accumulated Depreciation and AmortizationOriginal Date of Construction/ Renovation Date Acquired
Chatsworth, CA100%— 7,841 16,916 24,757 — 7,841 16,916 24,757 (3,239)197609/19/1740
Woodland, CA100%— 504 7,369 7,873 — 504 7,369 7,873 (1,425)1975/201009/19/1740
Danville, CA100%— 1,491 17,157 18,648 — 1,491 17,157 18,648 (3,074)196509/19/1740
Van Nuys, CA100%— 2,456 16,462 18,918 — 2,456 16,462 18,918 (2,841)1958/201509/19/1740
Lomita, CA100%— 2,743 14,734 17,477 — 2,743 14,734 17,477 (2,763)196909/19/1740
Sacramento, CA100%— 2,846 17,962 20,808 — 2,846 17,962 20,808 (3,178)197209/19/1740
Issaquah, WA100%— 10,125 7,771 17,896 — 10,125 7,771 17,896 (1,653)1975/201209/19/1740
Long Beach, CA100%— 3,157 22,067 25,224 — 3,157 22,067 25,224 (4,001)1966/201409/19/1740
Long Beach, CA100%— 2,857 5,878 8,735 — 2,857 5,878 8,735 (1,150)1952/201309/19/1740
Lodi, CA100%— 812 21,059 21,871 — 812 21,059 21,871 (3,553)196509/19/1740
Riverside, CA100%— 1,717 13,806 15,523 — 1,717 13,806 15,523 (2,725)196609/19/1740
Woodland, CA100%— 278 16,729 17,007 — 278 16,729 17,007 (2,990)1930/200709/19/1740
Bee Cave, TX100%— 2,107 10,413 12,520 — 2,107 10,413 12,520 (2,147)201412/15/1740
El Monte, CA100%— 2,058 19,671 21,729 — 2,058 19,671 21,729 (3,401)196501/10/1840
Shoreline, WA100%— 8,861 11,478 20,339 103 8,861 11,580 20,441 (2,368)1964/201201/19/1840
Elizabethtown, KY100%— 729 — 729 19,329 729 19,329 20,058 (479)202105/27/2140
Crown Point, IN100%— 1,522 14,951 16,473 — 1,522 14,951 16,473 (78)201511/01/2340
Dyer, IN100%— 1,859 19,547 21,406 — 1,859 19,547 21,406 (100)201511/01/2340
24,051 328,000 2,663,453 2,991,453 91,777 325,583 2,725,278 3,050,861 (535,653)  
Senior Housing - Leased        
Exeter, NH100%1,880 571 7,183 7,754 — 571 5,912 6,483 (2,771)198711/15/1043
Nashua, NH100%4,457 — 5,654 5,654 — — 4,566 4,566 (1,949)198911/15/1040
Keene, NH100%3,237 304 3,992 4,296 — 304 3,263 3,567 (1,650)199511/15/1046
Dover, NH100%2,335 801 10,036 10,837 — 801 8,584 9,385 (4,002)1987/2009, 201911/15/1042
Green Bay, WI100%— 256 2,262 2,518 1,032 256 1,976 2,232 (767)2004/201111/22/1140
Rockport, TX100%— 789 607 1,396 — 789 475 1,264 (183)1996/201811/30/1240
Cadillac, MI100%— 217 3,000 3,217 — 217 2,920 3,137 (910)2001/2006, 202312/14/1240
Initial Cost to CompanyCost Capitalized Subsequent to AcquisitionGross Amount at which Carried at Close of PeriodLife on Which Depreciation in Latest Income Statement is Computed
 DescriptionOwnership Percentage
Encum- brances(1)
Land 
Building and Improve- ments(2)(3)
Total 
Land 
Building and Improve- ments(2)(3)
Total Accumulated Depreciation and AmortizationOriginal Date of Construction/ Renovation Date Acquired
Greenville, MI100%— 684 5,832 6,516 249 684 5,841 6,525 (1,876)1999/2001, 2012, 2013, 201812/14/1240
Manistee, MI100%— 952 2,578 3,530 2,547 952 5,076 6,028 (1,970)2002/201712/14/1240
Mason, MI100%— 198 4,131 4,329 — 198 4,032 4,230 (1,323)2009/201212/14/1240
Alpena, MI100%— 546 13,139 13,685 — 546 13,000 13,546 (3,763)2006/2008, 201012/14/1240
Fremont, NE100%— 504 17,670 18,174 — 504 17,670 18,174 (5,020)1989/200202/14/1440
Norfolk, NE100%— 217 9,906 10,123 4,680 217 14,586 14,803 (4,284)1989/1991, 1994, 2018, 201902/14/1440
Fort Wayne, IN100%12,183 2,300 21,115 23,415 2,747 2,300 23,846 26,146 (7,799)2011/2016, 201804/30/1440
Brandon, FL100%— 1,283 8,424 9,707 483 1,283 8,722 10,005 (2,532)1999/201610/01/1440
Lecanto, FL100%— 1,031 5,577 6,608 615 1,023 6,053 7,076 (2,026)1997/201610/01/1440
Zephyrhills, FL100%— 1,688 9,098 10,786 360 1,688 9,343 11,031 (2,924)2008/201610/01/1440
Sun City West, AZ100%— 930 9,170 10,100 248 930 9,418 10,348 (2,188)201207/01/1640
Fredericksburg, VA100%— 1,379 21,209 22,588 — 1,379 21,209 22,588 (4,644)201607/14/1640
Round Rock, TX100%— 679 13,642 14,321 — 679 13,642 14,321 (3,035)201608/01/1640
Santa Fe, NM100%— 1,866 19,441 21,307 — 2,157 21,736 23,893 (4,587)200609/23/1640
Santa Fe, NM100%— 670 7,743 8,413 430 670 8,571 9,241 (810)202009/23/1640
Franklin, NH100%— 292 6,889 7,181 211 292 7,110 7,402 (1,700)198811/30/1640
Henderson, NV100%— 1,430 21,850 23,280 — 1,430 21,862 23,292 (4,411)201612/01/1640
Brenham, TX100%— 476 11,912 12,388 — 476 11,922 12,398 (2,753)199112/02/1640
Cedar Park, TX100%— 1,035 13,127 14,162 — 1,035 13,127 14,162 (2,546)201706/01/1740
Keizer, OR100%— 1,220 31,783 33,003 — 1,220 31,783 33,003 (5,435)1970/202108/17/1740
Lawrence, KS100%— 584 4,431 5,015 — 584 4,431 5,015 (849)1995/201408/17/1740
Salina, KS100%— 584 3,020 3,604 — 584 3,020 3,604 (575)1989/201408/17/1740
Topeka, KS100%— 313 5,492 5,805 — 313 5,492 5,805 (967)1986/201408/17/1740
Lafayette, CO100%— 1,085 19,243 20,328 1,883 19,205 21,088 (3,382)201612/15/1740
Winnebago, IL100%— 263 3,743 4,006 — 263 3,743 4,006 (707)200701/31/1840
Pewaukee, WI100%— 1,019 3,606 4,625 — 1,019 3,606 4,625 (635)201004/16/1840
Pewaukee, WI100%— 661 5,680 6,341 — 661 5,680 6,341 (923)201504/16/1840
Sarasota, FL100%— 1,440 22,541 23,981 — 1,440 22,541 23,981 (3,495)201805/18/1840
Knoxville, TN100%— 1,603 9,219 10,822 — 1,603 9,219 10,822 (1,651)201708/31/1840
Initial Cost to CompanyCost Capitalized Subsequent to AcquisitionGross Amount at which Carried at Close of PeriodLife on Which Depreciation in Latest Income Statement is Computed
 DescriptionOwnership Percentage
Encum- brances(1)
Land 
Building and Improve- ments(2)(3)
Total 
Land 
Building and Improve- ments(2)(3)
Total Accumulated Depreciation and AmortizationOriginal Date of Construction/ Renovation Date Acquired
Shavano Park, TX100%— 2,131 11,541 13,672 — 2,131 11,541 13,672 (1,890)201508/31/1840
Beavercreek, OH100%— 1,622 24,215 25,837 7,561 1,622 31,773 33,395 (5,805)201611/01/1840
McCordsville, IN100%— 1,587 31,315 32,902 — 1,587 31,315 32,902 (3,487)201701/07/2040
Louisville, KY100%— 1,841 21,827 23,668 — 1,841 21,827 23,668 (2,359)201501/31/2040
Sellersburg, IN100%— 1,060 28,702 29,762 5,504 1,060 34,206 35,266 (3,336)201504/01/2040
Jasper, IN100%— 657 25,226 25,883 — 657 25,226 25,883 (1,614)201910/01/2140
Norman, OK100%— 557 2,663 3,220 1,135 557 3,798 4,355 (68)199902/01/2340
24,092 39,325 509,434 548,759 27,811 40,406 532,868 573,274 (109,601)
Senior Housing - Managed
Frankenmuth, MI100%— 5,027 20,929 25,956 637 5,027 21,170 26,197 (6,342)1982/200809/21/1240
Gaylord, MI100%— 2,024 5,467 7,491 141 2,024 5,583 7,607 (2,060)200212/14/1240
East Tawas, MI100%— 258 3,713 3,971 399 258 3,984 4,242 (1,551)200512/14/1240
Marshfield, WI100%— 574 8,733 9,307 220 574 8,803 9,377 (2,623)201012/18/1240
Woodstock, VA100%— 597 5,465 6,062 117 597 5,448 6,045 (1,538)1996/201506/28/1340
Allen, TX100%— 2,190 45,767 47,957 948 2,190 50,510 52,700 (12,723)2004/201009/25/1440
Gainesville, FL100%— 2,139 44,789 46,928 1,562 2,139 49,736 51,875 (13,797)1986/2013, 2015, 201909/25/1440
McKinney, TX100%— 2,760 44,397 47,157 1,497 2,760 49,615 52,375 (12,854)2006/2010, 201909/25/1440
Raleigh, NC100%— 2,344 37,506 39,850 1,749 2,344 43,072 45,416 (10,650)2002/2014, 202209/25/1440
San Luis Obispo, CA100%— 4,992 30,909 35,901 1,117 4,992 35,062 40,054 (9,094)1987/2006, 2015, 202109/25/1440
Winston-Salem, NC100%— 2,995 24,428 27,423 676 2,995 26,841 29,836 (7,132)200109/25/1440
Longview, TX100%— 805 26,498 27,303 824 805 27,972 28,777 (7,930)1985/201009/25/1440
Kansas City, MO100%— 1,325 20,510 21,835 923 1,325 25,844 27,169 (6,657)198309/25/1440
Yuma, AZ100%— 530 21,775 22,305 484 530 22,678 23,208 (6,226)1996/201409/25/1440
Nashville, TN100%— 1,996 19,368 21,364 1,227 1,996 21,607 23,603 (6,530)1986/200009/25/1440
Branford, CT100%— 2,403 18,821 21,224 732 2,403 22,939 25,342 (5,668)198709/25/1440
Richmond, VA100%— 1,080 19,545 20,625 1,602 1,080 23,606 24,686 (6,296)1989/2007, 202209/25/1440
Auburn, AL100%— 3,209 17,326 20,535 516 3,209 18,482 21,691 (5,259)200109/25/1440
Menomonee Falls, WI100%— 1,477 18,778 20,255 426 1,477 20,272 21,749 (5,690) 2005/2006, 2007/2011, 201909/25/1440
Glenville, NY100%— 978 18,257 19,235 571 978 19,711 20,689 (5,564)2001/201409/25/1440
Eustis, FL100%— 1,152 17,523 18,675 606 1,152 18,811 19,963 (5,669)1984/1988, 201309/25/1440
Initial Cost to CompanyCost Capitalized Subsequent to AcquisitionGross Amount at which Carried at Close of PeriodLife on Which Depreciation in Latest Income Statement is Computed
 DescriptionOwnership Percentage
Encum- brances(1)
Land 
Building and Improve- ments(2)(3)
Total 
Land 
Building and Improve- ments(2)(3)
Total Accumulated Depreciation and AmortizationOriginal Date of Construction/ Renovation Date Acquired
Phoenix, AZ100%— 2,567 12,029 14,596 983 2,567 13,881 16,448 (4,425)198609/25/1440
Jonesboro, AR100%— 1,782 11,244 13,026 373 1,782 12,326 14,108 (3,705)199909/25/1440
Ogden, UT100%— 794 10,873 11,667 798 794 12,673 13,467 (3,764)1985/201609/25/1440
Olympia, WA100%— 2,477 23,767 26,244 923 2,477 27,924 30,401 (7,326)1986/201610/07/1440
Windsor, ON100%— 1,360 16,855 18,215 526 1,378 18,359 19,737 (4,576)199806/11/1540
London, ON100%— 960 19,056 20,016 368 972 20,408 21,380 (4,954)1998/2015, 201906/11/1540
Kelowna, BC100%— 2,321 8,308 10,629 626 2,352 9,846 12,198 (2,639)1990/2019, 202006/11/1540
Waterloo, ON100%— 1,823 22,135 23,958 380 1,848 23,213 25,061 (5,546)2005/201506/11/1540
Sarnia, ON100%— 1,187 20,346 21,533 740 1,203 22,905 24,108 (5,273)2000/201906/11/1540
Kamloops, BC100%— 679 8,024 8,703 250 687 9,040 9,727 (2,332)1992/201406/11/1540
Vernon, BC100%— 843 10,724 11,567 236 273 11,643 11,916 (2,829)1990/2008, 202106/11/1540
Penticton, BC100%— 763 6,771 7,534 239 773 7,940 8,713 (2,058)1990/1991, 2014, 201906/11/1540
Calgary, AB100%— 3,908 20,996 24,904 1,077 3,963 22,749 26,712 (5,259)201309/17/1540
Lake Stevens, WA100%— 1,559 9,059 10,618 96 1,559 9,168 10,727 (2,349)1998/201209/17/1540
Eugene, OR100%— 1,428 16,138 17,566 143 1,428 16,303 17,731 (3,690)1996/1997, 2011, 201909/17/1540
Tualatin, OR100%— 527 14,659 15,186 138 527 14,852 15,379 (3,364)1995/1997, 201909/17/1540
Salem, OR100%— 1,074 19,421 20,495 451 1,074 19,884 20,958 (4,774)1989/1995, 201809/17/1540
Ramsey, MN100%— 1,182 13,280 14,462 208 1,182 13,783 14,965 (2,627)201510/06/1740
Marshfield, WI100%— 500 4,134 4,634 89 500 4,263 4,763 (923)201410/06/1740
Dover, DE100%— 2,797 23,054 25,851 456 2,797 23,422 26,219 (4,245)199901/02/1840
Charleston, WV100%— 419 4,239 4,658 1,008 419 5,066 5,485 (1,302)196901/02/1840
Williamsport, PA100%— 296 9,191 9,487 907 296 9,973 10,269 (2,001)1990/200901/02/1840
Reading, PA100%— 684 12,950 13,634 276 684 13,201 13,885 (2,475)200401/02/1840
Scott Depot, WV100%— 230 6,271 6,501 713 230 6,767 6,997 (1,444)199601/02/1840
Clarks Summit, PA100%— 406 9,471 9,877 1,271 406 10,524 10,930 (2,264)199701/02/1840
Wyncote, PA100%— 1,781 4,911 6,692 814 1,781 5,517 7,298 (1,345)190901/02/1840
Douglassville, PA100%— 611 19,083 19,694 356 611 19,367 19,978 (3,418)200801/02/1840
Milford, DE100%— 1,199 18,786 19,985 589 1,199 19,231 20,430 (3,476)199901/02/1840
Oak Hill, WV100%— 609 2,636 3,245 1,157 609 3,703 4,312 (1,053)2001/201401/02/1840
Lewisburg, WV100%— 355 5,055 5,410 677 355 5,449 5,804 (1,227)199501/02/1840
Strasburg, VA100%— 666 5,551 6,217 22 666 5,573 6,239 (931)200104/30/1840
Richardson, TX100%— 2,282 10,556 12,838 1,288 2,282 11,934 14,216 (1,673)1999/202011/01/1940
Poway, CA100%— 3,693 14,467 18,160 1,072 3,693 15,688 19,381 (1,915)1987/2011, 202111/22/1940
Initial Cost to CompanyCost Capitalized Subsequent to AcquisitionGross Amount at which Carried at Close of PeriodLife on Which Depreciation in Latest Income Statement is Computed
 DescriptionOwnership Percentage
Encum- brances(1)
Land 
Building and Improve- ments(2)(3)
Total 
Land 
Building and Improve- ments(2)(3)
Total Accumulated Depreciation and AmortizationOriginal Date of Construction/ Renovation Date Acquired
New Braunfels, TX100%— 1,312 23,108 24,420 360 1,312 23,664 24,976 (2,871)201501/15/2040
Augusta, GA100%— 419 24,958 25,377 94 459 28,548 29,007 (2,343)201803/05/2140
Anchorage, AK100%— 1,965 29,533 31,498 150 1,965 29,683 31,648 (2,304)201905/01/2140
Loveland, OH100%— 3,691 21,168 24,859 41 3,691 21,269 24,960 (1,220)201702/01/2240
Indianapolis, IN100%— 4,950 32,631 37,581 43 6,299 41,563 47,862 (1,674)201708/01/2240
Saginaw, MI100%— 1,651 29,283 30,934 1,440 1,651 31,289 32,940 (1,247)2013/202308/01/2240
Madeira, OH100%— 2,858 42,670 45,528 2,858 42,691 45,549 (1,109)201902/01/2340
— 101,463 1,087,895 1,189,358 38,355 102,457 1,187,028 1,289,485 (255,803)
Behavioral Health
Aurora, CO100%— 2,874 12,829 15,703 1,950 2,874 14,563 17,437 (3,931)2009/2018, 202109/20/1240
Colorado Springs, CO100%— 430 13,703 14,133 1,033 430 14,736 15,166 (4,445)1985/2017, 201803/05/1440
Colorado Springs, CO100%— 1,210 9,490 10,700 2,058 1,210 11,548 12,758 (2,326)2013/201911/16/1540
Bluffton, IN100%— 254 5,105 5,359 1,486 254 6,591 6,845 (1,364)1970/2015, 202108/17/1740
Elizabethtown, KY100%— 239 4,853 5,092 699 239 5,552 5,791 (971)196908/17/1740
Morrilton, AR100%— 508 — 508 3,169 508 3,169 3,677 (98)1988/2019, 202308/17/1740
Glendale, AZ100%— 1,501 67,046 68,547 — 1,501 67,046 68,547 (11,140)1996/201308/17/1740
Tempe, AZ100%— 3,137 50,073 53,210 — 3,137 50,073 53,210 (8,505)2001/201608/17/1740
Covina, CA100%— 23,472 71,542 95,014 — 23,472 71,542 95,014 (12,348)1974/201108/17/1740
Ventura, CA100%— 8,089 43,645 51,734 — 8,089 43,645 51,734 (8,190)1984/201808/17/1740
San Diego, CA100%— 8,403 55,015 63,418 7,599 8,403 62,614 71,017 (11,947)1988/201708/17/1740
New London, CT100%— 356 152 508 3,665 356 3,817 4,173 (746)1967/2016, 202108/17/1740
Carmel, IN100%— 963 4,347 5,310 — 963 4,347 5,310 (680)1996/201907/24/1940
Louisville, KY100%— 1,078 8,305 9,383 — 1,078 8,305 9,383 (1,153)2002/201808/21/1940
Monroeville, PA100%— 2,034 1,758 3,792 18,545 2,034 20,303 22,337 (2,869)1987/202012/18/1940
Gulf Breeze, FL100%— 498 1,480 1,978 3,733 498 5,213 5,711 (139)2001/202103/15/2140
Greenville, SC100%— 1,197 9,496 10,693 21,507 1,197 31,012 32,209 (574)1994/202212/16/2140
Raytown, MO100%— 1,475 6,564 8,039 8,379 1,475 14,943 16,418 (517)1978/202210/27/2240
— 57,718 365,403 423,121 73,823 57,718 439,019 496,737 (71,943)
Initial Cost to CompanyCost Capitalized Subsequent to AcquisitionGross Amount at which Carried at Close of PeriodLife on Which Depreciation in Latest Income Statement is Computed
 DescriptionOwnership Percentage
Encum- brances(1)
Land 
Building and Improve- ments(2)(3)
Total 
Land 
Building and Improve- ments(2)(3)
Total Accumulated Depreciation and AmortizationOriginal Date of Construction/ Renovation Date Acquired
Specialty Hospitals and Other
Sunnyvale, TX100%— 4,020 57,620 61,640 — 4,020 57,620 61,640 (22,152)200905/03/1140
Arlington, TX100%— — 44,217 44,217 — — 44,217 44,217 (7,195)2009/201608/17/1740
Conroe, TX100%— 2,935 25,003 27,938 — 2,935 25,003 27,938 (4,600)199208/17/1740
Houston, TX100%— 3,001 14,581 17,582 — 3,001 14,581 17,582 (2,416)1999/200908/17/1740
Spring, TX100%— 1,319 15,153 16,472 — 1,319 15,153 16,472 (2,516)1995/199808/17/1740
Orange, CA100%— 2,060 5,538 7,598 145 2,060 5,683 7,743 (986)200008/17/1740
Maxwell, TX100%— 902 2,384 3,286 902 2,384 3,286 (458)199308/17/1740
Maxwell, TX100%— 901 1,198 2,099 — 901 1,198 2,099 (278)1994/200908/17/1740
Maxwell, TX100%— 456 2,632 3,088 — 456 2,632 3,088 (477)199208/17/1740
San Marcos, TX100%— 51 359 410 62 51 359 410 (67)186908/17/1740
Seguin, TX100%— 539 2,627 3,166 — 539 2,627 3,166 (605)198908/17/1740
Seguin, TX100%— 228 3,407 3,635 79 228 3,486 3,714 (669)1985/199108/17/1740
Kingsbury, TX100%— 104 2,788 2,892 27 104 2,814 2,918 (495)1990/201208/17/1740
Seguin, TX100%— 52 805 857 — 52 805 857 (154)197008/17/1740
Florence, KY100%— 3,866 26,447 30,313 — 3,866 26,447 30,313 (4,386)200008/17/1740
— 20,434 204,759 225,193 314 20,434 205,009 225,443 (47,454)
  48,143 546,940 4,830,944 5,377,884 232,080 546,598 5,089,202 5,635,800 (1,020,454)  
  — — 136 136 2,411 — 2,547 2,547 (632)  
  $48,143 $546,940 $4,831,080 $5,378,020 $234,491 $546,598 $5,091,749 $5,638,347 $(1,021,086)  
(1)    Encumbrances do not include deferred financing costs, net of $0.8 million as of December 31, 2023.
(2)    Building and building improvements include land improvements and furniture and equipment.
(3)    The aggregate cost of real estate for federal income tax purposes was $4.7 billion.
SCHEDULE III
REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION
(dollars in thousands)


Year Ended December 31,
202320222021
Real estate:
Balance at the beginning of the year$5,872,688 $5,994,208 $5,966,695 
Acquisitions86,626 101,413 96,157 
Improvements86,073 65,111 47,319 
Impairment(18,853)(160,550)(11,063)
Sale of real estate(379,272)(110,901)(102,575)
Foreign currency translation3,394 (10,247)524 
Other (1)
(12,309)(6,346)(2,849)
Balance at the end of the year$5,638,347 $5,872,688 $5,994,208 
  
Accumulated depreciation:
Balance at the beginning of the year$(913,345)$(831,324)$(681,657)
Depreciation expense(171,278)(170,159)(170,264)
Impairment4,432 66,603 1,666 
Sale of real estate49,585 13,217 16,097 
Foreign currency translation(747)1,972 (15)
Other (1)
10,267 6,346 2,849 
Balance at the end of the year$(1,021,086)$(913,345)$(831,324)
(1)    Primarily represents real estate and accumulated depreciation related to fully-depreciated assets and reductions to net real estate due to casualty events.