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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Rental and related revenues (Note 6) $ 91,776 $ 95,870
Resident fees and services 66,031 56,721
Interest and other income 8,940 8,733
Total revenues 166,747 161,324
Expenses:    
Depreciation and amortization 42,914 52,827
Interest 28,408 28,540
General and administrative 11,890 10,502
Recovery of loan losses (137) (208)
Impairment of real estate 3,137 7,064
Total expenses 140,205 146,530
Other income (expense):    
Loss on extinguishment of debt 0 (1,541)
Other income 760 341
Net loss on sales of real estate 0 (21,515)
Total other income (expense) 760 (22,715)
Income (loss) before loss from unconsolidated joint ventures and income tax expense 27,302 (7,921)
Loss from unconsolidated joint ventures (595) (838)
Income tax expense (453) (728)
Net income (loss) $ 26,254 $ (9,487)
Net income (loss), per:    
Basic common share (in dollars per share) $ 0.11 $ (0.04)
Diluted common share (in dollars per share) $ 0.11 $ (0.04)
Weighted average number of common shares outstanding, basic (in shares) 231,453,564 231,164,876
Weighted average number of common shares outstanding, diluted (in shares) 233,365,031 231,164,876
Revenue, type, extensible enumeration Health Care, Resident Service [Member] Health Care, Resident Service [Member]
Triple-net portfolio    
Expenses:    
Operating expenses $ 4,324 $ 4,168
Senior housing - managed    
Expenses:    
Operating expenses $ 49,669 $ 43,637