Major operator concentration – The Company has operators from which it derived 10% or more of its revenue for the three and six months ended June 30, 2024 and 2023. The following table sets forth information regarding the Company’s major operators as of June 30, 2024 and 2023:


	Number of Facilities			Number of Beds/Units			Percentage of Total Revenue
Operator	SNF	Campus	ALF/ILF	SNF	Campus	ALF/ILF	Three Months Ended		Six Months Ended
June 30, 2024(1)
Ensign(3)	87	8	7	9,290	997	661	29	%	29	%
Priority Management Group	13	2	—	1,742	402	—	13	%	13	%

June 30, 2023(2)
Ensign(3)	83	8	7	8,741	997	661	36	%	36	%
Priority Management Group	13	2	—	1,742	402	—	16	%	16	%

(1) The Company’s rental income and interest income on other real estate related investments, exclusive of operating expense reimbursements and adjustments for collectibility.

(2) The Company’s rental income, exclusive of operating expense reimbursements and adjustments for collectibility.

(3) Ensign is subject to the registration and reporting requirements of the SEC and is required to file with the SEC annual reports containing audited financial information and quarterly reports containing unaudited financial information. Ensign’s financial statements, as filed with the SEC, can be found at http://www.sec.gov. The Company has not verified this information through an independent investigation or otherwise.

Major geographic concentration – The following table provides information regarding the Company’s concentrations with respect to certain states, from which the Company derived 10% or more of its revenue for the three and six months ended June 30, 2024 and 2023:


	Number of Facilities			Number of Beds/Units			Percentage of Total Revenue
State	SNF	Campus	ALF/ILF	SNF	Campus	ALF/ILF	Three Months Ended		Six Months Ended
June 30, 2024(1)
CA	42	12	9	5,000	2,008	734	30	%	30	%
TX	41	4	2	5,193	630	212	20	%	20	%

June 30, 2023(2)
CA	29	9	5	3,307	1,527	437	28	%	28	%
TX	40	3	2	5,126	536	212	23	%	23	%

(1) Based on the Company’s rental income and interest income on other real estate related investments, exclusive of operating expense reimbursements and adjustments for collectibility.

(2) Based on the Company’s rental income, exclusive of operating expense reimbursements and adjustments for collectibility.