LOANS RECEIVABLE AND OTHER INVESTMENTS (Tables)

6 Months Ended

Jun. 30, 2026

Receivables [Abstract]

Schedule of Loans Receivable and Other Investments

The Company’s loans receivable and other investments consisted of the following (dollars in thousands):

									As of June 30, 2026
Investment	Quantity as of June 30, 2026	Property Type	Principal Balance as of June 30, 2026 (1)		Book Value as of June 30, 2026		Book Value as of December 31, 2025		Weighted Average Contractual Interest Rate / Rate of Return		Weighted Average Annualized Effective Interest Rate / Rate of Return		Maturity Date
Loans Receivable:
Mortgage	1	Behavioral Health	$	19,000	$	19,000	$	335,600	10.0	%	10.0	%	01/31/27
Other	10	Multiple	36,218		34,110		38,194		7.3	%	6.6	%	08/31/26 - 08/31/33
	11		55,218		53,110		373,794		8.2	%	7.8	%
Allowance for loan losses			—		(5,256)		(5,047)
			$	55,218	$	47,854	$	368,747
Other Investments:
Preferred Equity	4	Senior Housing	67,012		67,224		65,353		11.0	%	11.0	%	N/A
Total	15		$	122,230	$	115,078	$	434,100	9.7	%	9.6	%

(1)    Principal balance includes amounts funded and accrued but unpaid interest / preferred return and excludes capitalizable fees.

Schedule of Additional Information Regarding the Company's Loans Receivable

Additional information regarding the Company’s loans receivable is as follows (dollars in thousands):

	Six Months Ended June 30,
	2026		2025
Allowance for loan losses:
Balance at beginning of the period	$	5,047	$	6,094
Provision for (recovery of) loan losses	986		(400)
Write-off of uncollectible balances	(777)		—
Balance at end of the period	$	5,256	$	5,694