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Consolidated Income Statements - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Rental income $ 190,195,000 $ 173,612,000 $ 155,667,000
Independent living facilities 0 2,077,000 3,389,000
Interest and other income 2,156,000 2,643,000 4,345,000
Total revenues 192,351,000 178,332,000 163,401,000
Expenses:      
Depreciation and amortization 55,340,000 52,760,000 51,822,000
Interest expense 23,677,000 23,661,000 28,125,000
Property taxes 3,574,000 2,836,000 3,048,000
Independent living facilities 0 1,869,000 2,898,000
Impairment of real estate investments 0 0 16,692,000
Provision for loan losses 0 0 1,076,000
General and administrative 26,874,000 16,302,000 15,158,000
Total expenses 109,465,000 97,428,000 118,819,000
Other (loss) income:      
Loss on extinguishment of debt (10,827,000) 0 0
(Loss) gain on sale of real estate (77,000) (37,000) 1,777,000
Total other (loss) income (10,904,000) (37,000) 1,777,000
Net income $ 71,982,000 $ 80,867,000 $ 46,359,000
Earnings per common share:      
Basic (usd per share) $ 0.74 $ 0.85 $ 0.49
Diluted (usd per share) $ 0.74 $ 0.85 $ 0.49
Weighted-average number of common shares:      
Basic (shares) 96,017,000 95,200,000 93,088,000
Diluted (shares) 96,092,000 95,207,000 93,098,000
Independent living facilities, revenue services Health Care, Resident Service [Member] Health Care, Resident Service [Member] Health Care, Resident Service [Member]
Independent living facilities, cost of services Health Care, Resident Service [Member] Health Care, Resident Service [Member] Health Care, Resident Service [Member]