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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Rental and related revenues (Note 4) $ 376,266 $ 400,586 $ 396,716
Resident fees and services 236,153 186,672 155,512
Interest and other income 35,095 37,553 17,317
Total revenues 647,514 624,811 569,545
Expenses:      
Depreciation and amortization 183,087 187,782 178,991
Interest 112,964 105,471 98,632
General and administrative 47,472 39,574 34,669
Provision for loan losses and other reserves 191 141 3,935
Impairment of real estate 14,332 94,042 9,499
Total expenses 553,291 589,623 466,927
Other (expense) income:      
Loss on extinguishment of debt (1,541) (411) (34,622)
Other income (expense) 2,598 (1,097) 373
Net (loss) gain on sales of real estate (76,625) (12,011) 12,301
Total other expense (75,568) (13,519) (21,948)
Income before loss from unconsolidated joint ventures and income tax expense 18,655 21,669 80,670
Loss from unconsolidated joint ventures (2,897) (98,032) (192,081)
Income tax expense (2,002) (1,242) (1,845)
Net income (loss) $ 13,756 $ (77,605) $ (113,256)
Net income (loss), per:      
Basic common share (in dollars per share) $ 0.06 $ (0.34) $ (0.52)
Diluted common share (in dollars per share) $ 0.06 $ (0.34) $ (0.52)
Weighted-average number of common shares outstanding, basic (in shares) 231,203,391 230,947,895 219,073,027
Weighted-average number of common shares outstanding, diluted (in shares) 232,792,778 230,947,895 219,073,027
Revenue, type, extensible enumeration Health Care, Resident Service [Member] Health Care, Resident Service [Member] Health Care, Resident Service [Member]
Triple-net portfolio      
Expenses:      
Operating expenses $ 17,932 $ 19,623 $ 20,221
Senior housing - managed portfolio      
Expenses:      
Operating expenses $ 177,313 $ 142,990 $ 120,980