Schedule III - Real Estate Assets and Accumulated Depreciation

12 Months Ended

Dec. 31, 2024

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]

Schedule III - Real Estate Assets and Accumulated Depreciation

					Initial Cost to Company				Costs Capitalized Since Acquisition		Gross Carrying Value
Description	Facility	Location	Encum.		Land		Building Improvs.		Improvs.		Land		Building Improvs.		Total (1)		Accum. Depr.		Const./Ren. Date	Acq. Date
Skilled Nursing Properties:
Ensign Highland LLC	Highland Manor	Phoenix, AZ	$	—	$	257	$	976	$	926	$	257	$	1,902	$	2,159	$	(1,597)	2013	2000
Meadowbrook Health Associates LLC	Sabino Canyon	Tucson, AZ	—		425		3,716		1,940		425		5,656		6,081		(3,895)		2012	2000
Terrace Holdings AZ LLC	Desert Terrace	Phoenix, AZ	—		113		504		971		113		1,475		1,588		(1,165)		2004	2002
Rillito Holdings LLC	Catalina	Tucson, AZ	—		471		2,041		3,055		471		5,096		5,567		(4,061)		2013	2003
Valley Health Holdings LLC	North Mountain	Phoenix, AZ	—		629		5,154		1,519		629		6,673		7,302		(4,847)		2009	2004
Cedar Avenue Holdings LLC	Upland	Upland, CA	—		2,812		3,919		1,994		2,812		5,913		8,725		(4,234)		2011	2005
Granada Investments LLC	Camarillo	Camarillo, CA	—		3,526		2,827		1,522		3,526		4,349		7,875		(3,319)		2010	2005
Plaza Health Holdings LLC	Park Manor	Walla Walla, WA	—		450		5,566		1,055		450		6,621		7,071		(4,890)		2009	2006
Mountainview Communitycare LLC	Park View Gardens	Santa Rosa, CA	—		931		2,612		653		931		3,265		4,196		(2,549)		1963	2006
CM Health Holdings LLC	Carmel Mountain	San Diego, CA	—		3,028		3,119		2,071		3,028		5,190		8,218		(3,726)		2012	2006
Polk Health Holdings LLC	Timberwood	Livingston, TX	—		60		4,391		1,167		60		5,558		5,618		(3,904)		2009	2006
Snohomish Health Holdings LLC	Emerald Hills	Lynnwood, WA	—		741		1,663		1,998		741		3,661		4,402		(3,091)		2009	2006
Cherry Health Holdings LLC	Pacific Care	Hoquiam, WA	—		171		1,828		2,038		171		3,866		4,037		(3,348)		2010	2006
Golfview Holdings LLC	Cambridge SNF	Richmond, TX	—		1,105		3,110		1,067		1,105		4,177		5,282		(2,849)		2007	2006
Tenth East Holdings LLC	Arlington Hills	Salt Lake City, UT	—		332		2,426		2,507		332		4,933		5,265		(4,111)		2013	2006
Trinity Mill Holdings LLC	Carrollton	Carrollton, TX	—		664		2,294		902		664		3,196		3,860		(2,781)		2007	2006
Cottonwood Health Holdings LLC	Holladay	Salt Lake City, UT	—		965		2,070		958		965		3,028		3,993		(2,813)		2008	2007
Verde Villa Holdings LLC	Lake Village	Lewisville, TX	—		600		1,890		470		600		2,360		2,960		(1,835)		2011	2007
Mesquite Health Holdings LLC	Willow Bend	Mesquite, TX	—		470		1,715		8,632		441		10,376		10,817		(9,318)		2012	2007
Arrow Tree Health Holdings LLC	Arbor Glen	Glendora, CA	—		2,165		1,105		324		2,165		1,429		3,594		(1,277)		1965	2007
Fort Street Health Holdings LLC	Draper	Draper, UT	—		443		2,394		759		443		3,153		3,596		(2,041)		2008	2007
Trousdale Health Holdings LLC	Brookfield	Downey, CA	—		1,415		1,841		1,861		1,415		3,702		5,117		(2,712)		2013	2007
Ensign Bellflower LLC	Rose Villa	Bellflower, CA	—		937		1,168		357		937		1,525		2,462		(1,149)		2009	2007
RB Heights Health Holdings LLC	Osborn	Scottsdale, AZ	—		2,007		2,793		1,762		2,007		4,555		6,562		(3,172)		2009	2008
San Corrine Health Holdings LLC	Salado Creek	San Antonio, TX	—		310		2,090		719		310		2,809		3,119		(1,708)		2005	2008
Temple Health Holdings LLC	Wellington	Temple, TX	—		529		2,207		1,163		529		3,370		3,899		(2,281)		2008	2008
Anson Health Holdings LLC	Northern Oaks	Abilene, TX	—		369		3,220		1,725		369		4,945		5,314		(3,286)		2012	2008
Willits Health Holdings LLC	Northbrook	Willits, CA	—		490		1,231		500		490		1,731		2,221		(1,135)		2011	2008
Lufkin Health Holdings LLC	Southland	Lufkin, TX	—		467		4,644		782		467		5,426		5,893		(2,197)		1988	2009
Lowell Health Holdings LLC	Littleton	Littleton, CO	—		217		856		1,735		217		2,591		2,808		(1,934)		2012	2009
Jefferson Ralston Holdings LLC	Arvada	Arvada, CO	—		280		1,230		834		280		2,064		2,344		(1,236)		2012	2009
Lafayette Health Holdings LLC	Julia Temple	Englewood, CO	—		1,607		4,222		6,195		1,607		10,417		12,024		(7,027)		2012	2009

Hillendahl Health Holdings LLC	Golden Acres	Dallas, TX	—	2,133	11,977	1,421	2,133	13,398	15,531	(7,482)	1984	2009
Price Health Holdings LLC	Pinnacle	Price, UT	—	193	2,209	849	193	3,058	3,251	(1,519)	2012	2009
Silver Lake Health Holdings LLC	Provo	Provo, UT	—	2,051	8,362	2,011	2,051	10,373	12,424	(4,308)	2011	2009
Jordan Health Properties LLC	Copper Ridge	West Jordan, UT	—	2,671	4,244	1,507	2,671	5,751	8,422	(2,519)	2013	2009
Regal Road Health Holdings LLC	Sunview	Youngstown, AZ	—	767	4,648	155	193	5,377	5,570	(2,730)	2012	2009
Paredes Health Holdings LLC	Alta Vista	Brownsville, TX	—	373	1,354	190	373	1,544	1,917	(630)	1969	2009
Expressway Health Holdings LLC	Veranda	Harlingen, TX	—	90	675	430	90	1,105	1,195	(627)	2011	2009
Rio Grande Health Holdings LLC	Grand Terrace	McAllen, TX	—	642	1,085	870	642	1,955	2,597	(1,273)	2012	2009
Fifth East Holdings LLC	Paramount	Salt Lake City, UT	—	345	2,464	1,065	345	3,529	3,874	(1,836)	2011	2009
Emmett Healthcare Holdings LLC	River's Edge	Emmet, ID	—	591	2,383	69	591	2,452	3,043	(1,087)	1972	2010
Burley Healthcare Holdings LLC	Parke View	Burley, ID	—	250	4,004	424	250	4,428	4,678	(2,117)	2011	2010
Josey Ranch Healthcare Holdings LLC	Heritage Gardens	Carrollton, TX	—	1,382	2,293	478	1,382	2,771	4,153	(1,278)	1996	2010
Everglades Health Holdings LLC	Victoria Ventura	Ventura, CA	—	1,847	5,377	682	1,847	6,059	7,906	(2,147)	1990	2011
Irving Health Holdings LLC	Beatrice Manor	Beatrice, NE	—	60	2,931	245	60	3,176	3,236	(1,469)	2011	2011
Falls City Health Holdings LLC	Careage Estates of Falls City	Falls City, NE	—	170	2,141	82	170	2,223	2,393	(967)	1972	2011
Gillette Park Health Holdings LLC	Careage of Cherokee	Cherokee, IA	—	163	1,491	12	163	1,503	1,666	(817)	1967	2011
Gazebo Park Health Holdings LLC	Careage of Clarion	Clarion, IA	—	80	2,541	97	80	2,638	2,718	(1,468)	1978	2011
Oleson Park Health Holdings LLC	Careage of Ft. Dodge	Ft. Dodge, IA	—	90	2,341	759	90	3,100	3,190	(2,189)	2012	2011
Arapahoe Health Holdings LLC	Oceanview	Texas City, TX	—	158	4,810	759	128	5,599	5,727	(2,850)	2012	2011
Dixie Health Holdings LLC	Hurricane	Hurricane, UT	—	487	1,978	98	487	2,076	2,563	(749)	1978	2011
Memorial Health Holdings LLC	Pocatello	Pocatello, ID	—	537	2,138	698	537	2,836	3,373	(1,502)	2007	2011
Bogardus Health Holdings LLC	Whittier East	Whittier, CA	—	1,425	5,307	1,079	1,425	6,386	7,811	(3,058)	2011	2011
South Dora Health Holdings LLC	Ukiah	Ukiah, CA	—	297	2,087	1,621	297	3,708	4,005	(2,405)	2013	2011
Silverada Health Holdings LLC	Rosewood	Reno, NV	—	1,012	3,282	103	1,012	3,385	4,397	(1,159)	1970	2011
Orem Health Holdings LLC	Orem	Orem, UT	—	1,689	3,896	3,235	1,689	7,131	8,820	(4,062)	2011	2011
Wisteria Health Holdings	Wisteria	Abilene, TX	—	746	9,903	290	746	10,193	10,939	(3,010)	2008	2011
Renee Avenue Health Holdings LLC	Monte Vista	Pocatello, ID	—	180	2,481	966	180	3,447	3,627	(1,806)	2013	2012
Stillhouse Health Holdings LLC	Stillhouse	Paris, TX	—	129	7,139	6	129	7,145	7,274	(1,582)	2009	2012
Fig Street Health Holdings LLC	Palomar Vista	Escondido, CA	—	329	2,653	1,094	329	3,747	4,076	(1,999)	2007	2012
Lowell Lake Health Holdings LLC	Owyhee	Owyhee, ID	—	49	1,554	29	49	1,583	1,632	(458)	1990	2012
Queensway Health Holdings LLC	Atlantic Memorial	Long Beach, CA	—	999	4,237	2,331	999	6,568	7,567	(3,317)	2008	2012
Long Beach Health Associates LLC	Shoreline	Long Beach, CA	—	1,285	2,343	2,172	1,285	4,515	5,800	(2,570)	2013	2012
Kings Court Health Holdings LLC	Richland Hills	Ft. Worth, TX	—	193	2,311	318	193	2,629	2,822	(942)	1965	2012
51st Avenue Health Holdings LLC	Legacy	Amarillo, TX	—	340	3,925	32	340	3,957	4,297	(1,352)	1970	2013
Ives Health Holdings LLC	San Marcos	San Marcos, TX	—	371	2,951	274	371	3,225	3,596	(1,066)	1972	2013
Guadalupe Health Holdings LLC	The Courtyard (Victoria East)	Victoria, TX	—	80	2,391	15	80	2,406	2,486	(640)	2013	2013
49th Street Health Holdings LLC	Omaha	Omaha, NE	—	129	2,418	24	129	2,442	2,571	(957)	1960	2013
Willows Health Holdings LLC	Cascade Vista	Redmond, WA	—	1,388	2,982	202	1,388	3,184	4,572	(1,348)	1970	2013
Tulalip Bay Health Holdings LLC	Mountain View	Marysville, WA	—	1,722	2,642	(980)	742	2,642	3,384	(1,013)	1966	2013

Sky Holdings AZ LLC	Bella Vita Health and Rehabilitation Center	Glendale, AZ	—	228	1,124	1,380	228	2,504	2,732	(2,094)	2004	2002
Lemon River Holdings LLC	Plymouth Tower	Riverside, CA	—	152	357	1,493	152	1,850	2,002	(1,610)	2012	2009
CTR Partnership, L.P.	Bethany Rehabilitation Center	Lakewood, CO	—	1,668	15,375	105	1,668	15,480	17,148	(3,836)	1989	2015
CTR Partnership, L.P.	Mira Vista Care Center	Mount Vernon, WA	—	1,601	7,425	—	1,601	7,425	9,026	(1,810)	1989	2015
CTR Partnership, L.P.	Shoreline Health and Rehabilitation Center	Shoreline, WA	—	1,462	5,034	—	1,462	5,034	6,496	(1,206)	1987	2015
CTR Partnership, L.P.	Premier Estates of Cincinnati-Riverview	Cincinnati, OH	—	833	18,086	792	833	18,878	19,711	(4,465)	1992	2015
CTR Partnership, L.P.	Shaw Mountain at Cascadia	Boise, ID	—	1,801	6,572	395	1,801	6,967	8,768	(1,724)	1989	2016
CTR Partnership, L.P.	Arbor Nursing Center	Lodi, CA	—	768	10,712	58	768	10,770	11,538	(2,254)	1982	2016
CTR Partnership, L.P.	Broadmoor Medical Lodge	Rockwall, TX	—	1,232	22,152	—	1,232	22,152	23,384	(4,477)	1984	2016
CTR Partnership, L.P.	Decatur Medical Lodge	Decatur, TX	—	990	24,909	—	990	24,909	25,899	(5,034)	2013	2016
CTR Partnership, L.P.	Royse City Medical Lodge	Royse City, TX	—	606	14,660	—	606	14,660	15,266	(2,962)	2009	2016
CTR Partnership, L.P.	Saline Care Nursing & Rehabilitation Center	Harrisburg, IL	—	1,022	5,713	—	1,022	5,713	6,735	(1,119)	2009	2017
CTR Partnership, L.P.	Carrier Mills Nursing & Rehabilitation Center	Carrier Mills, IL	—	775	8,377	—	775	8,377	9,152	(1,640)	1968	2017
CTR Partnership, L.P.	StoneBridge Nursing & Rehabilitation Center	Benton, IL	—	439	3,475	—	439	3,475	3,914	(681)	2014	2017
CTR Partnership, L.P.	DuQuoin Nursing & Rehabilitation Center	DuQuoin, IL	—	511	3,662	—	511	3,662	4,173	(717)	2014	2017
CTR Partnership, L.P.	Pinckneyville Nursing & Rehabilitation Center	Pinckneyville, IL	—	406	3,411	—	406	3,411	3,817	(668)	2014	2017
CTR Partnership, L.P.	Wellspring Health and Rehabilitation of Cascadia	Nampa, ID	—	775	5,044	336	775	5,380	6,155	(1,028)	2011	2017
CTR Partnership, L.P.	The Rio at Fox Hollow	Brownsville, TX	—	1,178	12,059	—	1,178	12,059	13,237	(2,286)	2016	2017
CTR Partnership, L.P.	The Rio at Cabezon	Albuquerque, NM	—	2,055	9,749	—	2,055	9,749	11,804	(1,848)	2016	2017
CTR Partnership, L.P.	Eldorado Rehab & Healthcare	Eldorado, IL	—	940	2,093	—	940	2,093	3,033	(392)	1993	2017
CTR Partnership, L.P.	Secora Health and Rehabilitation of Cascadia	Portland, OR	—	1,481	2,216	110	1,481	2,326	3,807	(436)	2012	2017
CTR Partnership, L.P.	Mountain Valley	Kellogg, ID	—	916	7,874	—	916	7,874	8,790	(1,443)	1971	2017
CTR Partnership, L.P.	Caldwell Care	Caldwell, ID	—	906	7,020	516	906	7,536	8,442	(1,382)	1947	2017
CTR Partnership, L.P.	Canyon West	Caldwell, ID	—	312	10,410	461	312	10,871	11,183	(1,993)	1969	2017
CTR Partnership, L.P.	Lewiston Health and Rehabilitation	Lewiston, ID	—	625	12,087	215	625	12,302	12,927	(2,230)	1964	2017
CTR Partnership, L.P.	The Orchards	Nampa, ID	—	785	8,923	272	785	9,195	9,980	(1,667)	1958	2017
CTR Partnership, L.P.	Weiser Care	Weiser, ID	—	80	4,419	389	80	4,808	4,888	(872)	1964	2017
CTR Partnership, L.P.	Aspen Park	Moscow, ID	—	698	5,092	274	698	5,366	6,064	(1,020)	1965	2017
CTR Partnership, L.P.	Ridgmar Medical Lodge	Fort Worth, TX	—	681	6,587	1,256	681	7,843	8,524	(1,695)	2006	2017
CTR Partnership, L.P.	Mansfield Medical Lodge	Mansfield, TX	—	607	4,801	1,073	607	5,874	6,481	(1,265)	2006	2017
CTR Partnership, L.P.	Grapevine Medical Lodge	Grapevine, TX	—	1,602	4,536	891	1,602	5,427	7,029	(1,177)	2006	2017
CTR Partnership, L.P.	The Oaks at Lakewood	Tacoma, WA	—	1,001	1,779	—	1,001	1,779	2,780	(322)	1989	2017

CTR Partnership, L.P.	The Oaks at Timberline	Vancouver, WA	—	446	869	—	446	869	1,315	(157)	1972	2017
CTR Partnership, L.P.	Providence Waterman Nursing Center	San Bernardino, CA	—	3,831	19,791	—	3,831	19,791	23,622	(3,587)	1967	2017
CTR Partnership, L.P.	Providence Orange Tree	Riverside, CA	—	2,897	14,700	345	2,897	15,045	17,942	(2,756)	1969	2017
CTR Partnership, L.P.	Providence Ontario	Ontario, CA	—	4,204	21,880	—	4,204	21,880	26,084	(3,966)	1980	2017
CTR Partnership, L.P.	Greenville Nursing & Rehabilitation Center	Greenville, IL	—	188	3,972	—	188	3,972	4,160	(840)	1973	2017
CTR Partnership, L.P.	Copper Ridge Health and Rehabilitation Center	Butte, MT	—	220	4,974	39	220	5,013	5,233	(954)	2010	2018
CTR Partnership, L.P.	Prairie Heights Healthcare Center	Aberdeen, SD	—	1,372	7,491	38	1,372	7,529	8,901	(1,340)	1965	2018
CTR Partnership, L.P.	The Meadows on University	Fargo, ND	—	989	3,275	429	989	3,704	4,693	(559)	1966	2018
CTR Partnership, L.P.	The Suites - Parker	Parker, CO	—	1,178	17,857	—	1,178	17,857	19,035	(2,779)	2012	2018
CTR Partnership, L.P.	Huntington Park Nursing Center	Huntington Park, CA	—	3,131	8,876	302	3,131	9,178	12,309	(1,488)	1955	2019
CTR Partnership, L.P.	Shoreline Care Center	Oxnard, CA	—	1,699	9,004	819	1,699	9,823	11,522	(1,367)	1962	2019
CTR Partnership, L.P.	Downey Care Center	Downey, CA	—	2,502	6,141	—	2,502	6,141	8,643	(934)	1967	2019
CTR Partnership, L.P.	Courtyard Healthcare Center	Davis, CA	—	2,351	9,256	48	2,351	9,304	11,655	(1,433)	1969	2019
Gulf Coast Buyer 1 LLC	Alpine Skilled Nursing and Rehabilitation	Ruston, LA	—	2,688	23,825	—	2,688	23,825	26,513	(3,613)	2014	2019
Gulf Coast Buyer 1 LLC	The Bradford Skilled Nursing and Rehabilitation	Shreveport, LA	—	3,758	21,325	17	3,758	21,342	25,100	(3,261)	1980	2019
Gulf Coast Buyer 1 LLC	Colonial Oaks Skilled Nursing and Rehabilitation	Bossier City, LA	—	1,635	21,180	—	1,635	21,180	22,815	(3,136)	2013	2019
Gulf Coast Buyer 1 LLC	The Guest House Skilled Nursing and Rehabilitation	Shreveport, LA	—	3,437	20,889	2,845	3,437	23,734	27,171	(3,824)	2006	2019
Gulf Coast Buyer 1 LLC	Pilgrim Manor Skilled Nursing and Rehabilitation	Bossier City, LA	—	2,979	24,617	1,978	2,979	26,595	29,574	(3,921)	2008	2019
Gulf Coast Buyer 1 LLC	Shreveport Manor Skilled Nursing and Rehabilitation	Shreveport, LA	—	676	10,238	602	676	10,840	11,516	(1,662)	2008	2019
Gulf Coast Buyer 1 LLC	Booker T. Washington Skilled Nursing and Rehabilitation	Shreveport, LA	—	2,452	9,148	113	2,452	9,261	11,713	(1,479)	2013	2019
Gulf Coast Buyer 1 LLC	Legacy West Rehabilitation and Healthcare	Corsicana, TX	—	120	6,682	436	120	7,118	7,238	(1,227)	2002	2019
Gulf Coast Buyer 1 LLC	Legacy at Jacksonville	Jacksonville, TX	—	173	7,481	148	173	7,629	7,802	(1,246)	2006	2019
Gulf Coast Buyer 1 LLC	Pecan Tree Rehabilitation and Healthcare	Gainesville, TX	—	219	10,097	255	219	10,352	10,571	(1,648)	1990	2019
Lakewest SNF Realty, LLC	Lakewest Rehabilitation and Skilled Care	Dallas, TX	—	—	6,905	—	—	6,905	6,905	(1,094)	2011	2019
CTR Partnership, L.P.	Cascadia of Nampa	Nampa, ID	—	880	14,117	—	880	14,117	14,997	(2,094)	2017	2019
CTR Partnership, L.P.	Valley Skilled Nursing	Modesto, CA	—	798	7,671	—	798	7,671	8,469	(1,045)	2016	2019
CTR Partnership, L.P.	Cascadia of Boise	Boise, ID	—	1,597	15,692	—	1,597	15,692	17,289	(2,059)	2018	2020
CTR Partnership, L.P.	Cooney Healthcare and Rehabilitation	Helena, MT	—	867	7,431	20	867	7,451	8,318	(853)	1984	2020

CTR Partnership, L.P.	Elkhorn Healthcare and Rehabilitation	Clancy, MT	—	183	7,380	576	183	7,956	8,139	(938)	1960	2020
160 North Patterson Avenue, LLC	Buena Vista Care Center	Goleta, CA	—	7,987	7,237	552	7,987	7,789	15,776	(735)	1967	2021
CTR Partnership, L.P.	El Centro Post-Acute Care	El Centro, CA	—	1,283	8,133	135	1,283	8,268	9,551	(823)	1962	2021
CTR Partnership, L.P.	Sedona Trace Health and Wellness	Austin, TX	—	3,282	12,763	—	3,282	12,763	16,045	(1,222)	2017	2021
CTR Partnership, L.P.	Cedar Pointe Health and Wellness Suites	Cedar Park, TX	—	3,325	11,738	—	3,325	11,738	15,063	(1,111)	2017	2021
CTR Partnership, L.P.	Ennis Care Center	Ennis,TX	—	568	8,055	100	568	8,155	8,723	(641)	1982	2022
CTR Partnership, L.P.	Park Bend Rehabilitation and Healthcare Center	Burleson, TX	—	1,877	6,616	718	1,877	7,334	9,211	(406)	1988	2023
CTR Partnership, L.P.	Prairie Ridge Health and Rehabiliation	Overland Park , KS	—	1,301	5,025	—	1,301	5,025	6,326	(243)	1987	2023
CTR Partnership, L.P.	Spalding Post Acute	Griffin , GA	—	680	11,044	1,853	680	12,897	13,577	(522)	2022	2023
CTR Partnership, L.P.	Casa Azul Skilled Nursing and Rehabilitation	Katy , TX	—	3,413	10,451	—	3,413	10,451	13,864	(449)	2005	2023
8665 La Mesa Boulevard, LLC	Community Convalescent Hospital of La Mesa	La Mesa , CA	—	5,346	21,528	—	5,346	21,528	26,874	(873)	1968	2023
7039 Alonda Boulevard, LLC	Paramount Meadows Nursing Center	Paramount , CA	—	3,640	15,380	369	3,640	15,749	19,389	(623)	1969	2023
10625 Leffingwell Road, LLC	Norwalk Meadows Nursing Center	Norwalk , CA	—	4,932	14,229	—	4,932	14,229	19,161	(586)	1964	2023
247 E. Bobier Drive, LLC	La Fuente Post Acute	Vista , CA	—	4,882	20,793	—	4,882	20,793	25,675	(748)	1990	2023
Capitola 1935 Realty LLC	Pacific Coast Manor	Capitola , CA	—	5,231	16,321	—	5,231	16,321	21,552	(493)	1964	2023
Morgan Hills Realty LLC	Pacific Hills Manor	Morgan Hill , CA	—	3,239	14,418	—	3,239	14,418	17,657	(447)	2014	2023
CTR Partnership, L.P.	Columbia Post Acute	Columbia, MO	—	1,619	15,678	—	1,619	15,678	17,297	(352)	2017	2024
CTR Partnership, L.P.	Houston Transitional Care	Houston, TX	—	2,668	17,434	—	2,668	17,434	20,102	(399)	2022	2024
1070 Old Ocean Highway, LLC	Brunswick Rehabilitation and Healthcare Center	Bolivia, NC	—	551	16,589	—	551	16,589	17,140	(282)	2009	2024
86 Old Airport Road, LLC	Fletcher Rehabilitation and Healthcare Center	Fletcher, NC	—	1,547	15,316	—	1,547	15,316	16,863	(263)	2002	2024
7166 Jordan Road, LLC	Ramseur Rehabilitation and Healthcare Center	Ramseur, NC	—	747	15,085	—	747	15,085	15,832	(275)	2002	2024
1930 West Sugar Creek Road, LLC	Rockwell Park Rehabilitation and Healthcare Center	Charlotte, NC	—	2,217	16,213	—	2,217	16,213	18,430	(278)	1993	2024
3514 Sidney Road, LLC	Seven Oaks Rehabilitation and Healthcare Center	Columbia, SC	—	583	10,847	—	583	10,847	11,430	(184)	1980	2024
8170 Murray Propco, LLC	Gilroy Healthcare and Rehabilitation Center	Gilroy, CA	—	6,539	19,162	—	6,539	19,162	25,701	(206)	1968	2024
CTR Partnership, L.P.	Glenburnie Nursing & Rehabilitation Center	Richmond, VA	—	—	31,567	—	—	31,567	31,567	(274)	2005	2024
CTR Partnership, L.P.	Dennett Rehab Center	Oakland, MD	—	1,134	18,227	—	1,134	18,227	19,361	(131)	2023	2024
CTR Partnership, L.P.	Mountain City Rehab Center	Frostburg, MD	—	853	20,334	—	853	20,334	21,187	(135)	1995	2024
CTR Partnership, L.P.	South Hills Post Acute	Bethel Park, PA	—	1,835	12,726	—	1,835	12,726	14,561	(58)	2021	2024
CTR Partnership, L.P.	Peters Township Post Acute	Canonsburg, PA	—	1,651	12,509	—	1,651	12,509	14,160	(57)	1988	2024
CTR Partnership, L.P.	Monroeville Post Acute	Monroeville, PA	—	1,182	10,906	—	1,182	10,906	12,088	(48)	1996	2024
CTR Partnership, L.P.	Whitehall Borough Post Acute	Pittsburgh, PA	—	1,323	13,119	—	1,323	13,119	14,442	(57)	1999	2024
704 Dupree Road TN LLC	Haywood Post Acute	Brownsville, TN	—	508	17,027	—	508	17,027	17,535	(38)	2022	2024

175 Hospital Drive TN LLC	Cherrywood Post Acute	McKenzie, TN	—	1,187	16,873	—	1,187	16,873	18,060	(42)	2020	2024
900 Professional Park Drive TN LLC	Park Meadows Post Acute	Clarksville, TN	—	1,785	21,328	—	1,785	21,328	23,113	(52)	2018	2024
119 Kittrell Street TN LLC	Lewis Park Post Acute	Hohenwald, TN	—	826	11,505	—	826	11,505	12,331	(28)	1996	2024
444 One Eleven Place TN LLC	Grandview Post Acute	Cookeville, TN	—	1,636	20,941	—	1,636	20,941	22,577	(53)	2024	2024
727 East Church Street TN LLC	Lexington Post Acute	Lexington, TN	—	551	15,171	—	551	15,171	15,722	(34)	2024	2024
835 East Poplar Avenue TN LLC	Selmer Post Acute	Selmer, TN	—	765	19,394	500	765	19,894	20,659	(43)	1995	2024
2650 North Mt Juliet Road TN LLC	Cedar Creek Post Acute	Mount Juliet, TN	—	1,719	12,640	—	1,719	12,640	14,359	(32)	2021	2024
202 East Mtcs Road TN LLC	Stone River Post Acute	Murfreesboro, TN	—	1,607	7,649	—	1,607	7,649	9,256	(23)	1996	2024
813 S Dickerson Rd TN LLC	Alta Heights Post Acute	Goodlettsville, TN	—	1,324	13,075	—	1,324	13,075	14,399	(32)	2005	2024
895 Powers Blvd TN LLC	Waverly Hills Post Acute	Waverly, TN	—	1,071	9,821	—	1,071	9,821	10,892	(28)	1989	2024
1900 Parr Avenue TN LLC	Okeena Health and Rehabilitation Center	Dyersburg, TN	—	1,122	30,135	—	1,122	30,135	31,257	(67)	1989	2024
2031 Avondale Street TN LLC	Avondale Health and Rehabilitation Center	Humboldt, TN	—	810	10,127	—	810	10,127	10,937	(25)	2011	2024
800 Volunteer Drive TN LLC	Riverbend Health and Rehabilitation Center	Paris, TN	—	963	26,215	—	963	26,215	27,178	(59)	2023	2024
1630 E Reelfoot Ave TN LLC	Union City Health and Rehabilitation	Union City, TN	—	885	14,562	—	885	14,562	15,447	—	1996	2024
5275 Millennium Drive AL LLC	The Health Center at Research Park	Huntsville, AL	—	1,246	9,659	64	1,246	9,723	10,969	—	2006	2024
460 Hannings Lane TN LLC	VanAyer Senior Living and Rehabilitation	Martin, TN	—	819	9,771	—	819	9,771	10,590	—	2023	2024
1245 E College St TN LLC	Meadowbrook Healthcare and Rehabilitation Center	Pulaski, TN	—	437	13,488	483	437	13,971	14,408	—	1991	2024
7424 Middlebrook Pike TN LLC	Legacy Park Health and Rehabilitation	Knoxville, TN	—	1,181	15,678	106	1,181	15,784	16,965	—	1972	2024
7512 Middlebrook Pike TN LLC	Wellpark Health and Rehabilitation	Knoxville, TN	—	1,662	1,188	—	1,662	1,188	2,850	—	2015	2024
1536 Appling Care Lane TN LLC	Applingwood Post Acute	Cordova, TN	—	482	12,015	—	482	12,015	12,497	—	1997	2024
5070 Sanderlin Avenue TN LLC	Shelby Oaks Post Acute	Memphis, TN	—	788	9,153	—	788	9,153	9,941	—	1964	2024
765 Bert Johnston Avenue TN LLC	Covington Post Acute	Covington, TN	—	794	15,735	—	794	15,735	16,529	—	2023	2024
45 Forest Cove TN LLC	Cypress Grove Post Acute	Jackson, TN	—	960	16,359	—	960	16,359	17,319	—	2022	2024
121 Physicians Dr TN LLC	Northbrooke Post Acute	Jackson, TN	—	663	17,643	—	663	17,643	18,306	—	1997	2024
597 West Forest Avenue TN LLC	West Tennessee Transitional Care	Jackson, TN	—	1,779	6,929	—	1,779	6,929	8,708	—	2013	2024
1513 N 2nd Street TN LLC	Harborview Post Acute	Memphis, TN	—	1,764	18,429	—	1,764	18,429	20,193	—	2020	2024
			—	237,804	1,637,220	103,779	236,191	1,742,612	1,978,803	(299,886)
Multi-Service Campus Properties:
Ensign Southland LLC	Southland Care	Norwalk, CA	—	966	5,082	2,213	966	7,295	8,261	(6,356)	2011	1999
Mission CCRC LLC	St. Joseph's Villa	Salt Lake City, UT	—	1,962	11,035	464	1,962	11,499	13,461	(4,503)	1994	2011
Wayne Health Holdings LLC	Careage of Wayne	Wayne, NE	—	130	3,061	122	130	3,183	3,313	(1,401)	1978	2011
4th Street Holdings LLC	West Bend Care Center	West Bend, IA	—	180	3,352	—	180	3,352	3,532	(1,408)	2006	2011
Big Sioux River Health Holdings LLC	Hillcrest Health	Hawarden, IA	—	110	3,522	75	110	3,597	3,707	(1,421)	1974	2011
Prairie Health Holdings LLC	Colonial Manor of Randolph	Randolph, NE	—	130	1,571	22	130	1,593	1,723	(1,078)	2011	2011
Salmon River Health Holdings LLC	Discovery Care Center	Salmon, ID	—	168	2,496	—	168	2,496	2,664	(775)	2012	2012

CTR Partnership, L.P.	Liberty Nursing Center of Willard	Willard, OH	—	144	11,097	50	144	11,147	11,291	(2,608)	1985	2015
CTR Partnership, L.P.	Premier Estates of Middletown/Premier Retirement Estates of Middletown	Middletown, OH	—	990	7,484	380	990	7,864	8,854	(1,900)	1985	2015
CTR Partnership, L.P.	Turlock Nursing and Rehabilitation Center	Turlock, CA	—	1,258	16,526	75	1,258	16,601	17,859	(3,477)	1986	2016
CTR Partnership, L.P.	Bridgeport Medical Lodge	Bridgeport, TX	—	980	27,917	—	980	27,917	28,897	(5,642)	2014	2016
CTR Partnership, L.P.	The Villas at Saratoga	Saratoga, CA	—	8,709	9,736	1,397	8,709	11,133	19,842	(2,180)	2004	2018
CTR Partnership, L.P.	Madison Park Healthcare	Huntington, WV	—	601	6,385	—	601	6,385	6,986	(1,022)	1924	2018
CTR Partnership, L.P.	Oakview Heights Nursing & Rehabilitation Center	Mt. Carmel, IL	—	298	8,393	—	298	8,393	8,691	(1,405)	2004	2019
Gulf Coast Buyer 1 LLC	Spring Lake Skilled Nursing and Rehabilitation	Shreveport, LA	—	3,217	21,195	2,729	3,217	23,924	27,141	(4,136)	2008	2019
Gulf Coast Buyer 1 LLC	The Village at Heritage Oaks	Corsicana, TX	—	143	11,429	462	143	11,891	12,034	(1,974)	2007	2019
CTR Partnership, L.P.	City Creek Post-Acute and Assisted Living	Sacramento, CA	—	3,980	10,106	1,488	3,980	11,594	15,574	(1,913)	1990	2019
Northshore Healthcare Holdings LLC	San Juan Capistrano Senior Living	San Juan Capistrano, CA	—	11,176	25,298	350	11,176	25,648	36,824	(2,615)	1999	2021
Northshore Healthcare Holdings LLC	Camarillo Senior Living	Camarillo, CA	—	7,516	30,552	—	7,516	30,552	38,068	(3,014)	2000	2021
Northshore Healthcare Holdings LLC	Bayshire Carlsbad	Carlsbad, CA	—	7,398	19,714	—	7,398	19,714	27,112	(1,973)	1999	2021
Northshore Healthcare Holdings LLC	Bayshire Rancho Mirage	Rancho Mirage, CA	—	4,024	16,790	—	4,024	16,790	20,814	(1,715)	2000	2021
CTR Partnership, L.P.	Imboden Creek Living Center	Decatur, IL	—	131	12,499	91	131	12,590	12,721	(999)	2003	2022
4075 54th Street, LLC	Jacob Healthcare Center	San Diego , CA	—	4,949	20,227	—	4,949	20,227	25,176	(835)	1994	2023
1740 San Dimas, LLC	Bayshire San Dimas	San Dimas, CA	—	9,592	5,936	—	9,592	5,936	15,528	(136)	1999	2024
17803 Imperial Hwy, LLC	Bayshire Yorba Linda	Yorba Linda, CA	—	6,493	6,025	—	6,493	6,025	12,518	(126)	1999	2024
CTR Partnership, L.P.	North Houston Transitional Care	Houston, TX	—	2,419	14,525	—	2,419	14,525	16,944	(332)	2022	2024
CTR Partnership, L.P.	Bayshire Torrey Pines	San Diego, CA	—	19,009	13,079	—	19,009	13,079	32,088	(270)	1999	2024
CTR Partnership, L.P.	Ridgeway Rehab Center & Ridgeway Village Assisted Living	Catonsville, MD	—	1,622	10,421	—	1,622	10,421	12,043	(84)	2023	2024
			—	98,295	335,453	9,918	98,295	345,371	443,666	(55,298)
Assisted and Independent Living Properties:
Avenue N Holdings LLC	Cambridge ALF	Rosenburg, TX	—	124	2,301	392	124	2,693	2,817	(1,690)	2007	2006
Moenium Holdings LLC	Grand Court	Mesa, AZ	—	1,893	5,268	1,210	1,893	6,478	8,371	(4,292)	1986	2007
Lafayette Health Holdings LLC	Chateau Des Mons	Englewood, CO	—	420	1,160	189	420	1,349	1,769	(581)	2011	2009
Expo Park Health Holdings LLC	Canterbury Gardens	Aurora, CO	—	570	1,692	248	570	1,940	2,510	(1,182)	1986	2010
Wisteria Health Holdings LLC	Wisteria IND	Abilene, TX	—	244	3,241	81	244	3,322	3,566	(2,229)	2008	2011
Everglades Health Holdings LLC	Lexington	Ventura, CA	—	1,542	4,012	113	1,542	4,125	5,667	(1,221)	1990	2011
Flamingo Health Holdings LLC	Desert Springs ALF	Las Vegas, NV	—	908	4,767	281	908	5,048	5,956	(3,509)	1986	2011
18th Place Health Holdings LLC	Rose Court	Phoenix, AZ	—	1,011	2,053	490	1,011	2,543	3,554	(1,321)	1974	2011
Boardwalk Health Holdings LLC	Park Place	Reno, NV	—	367	1,633	52	367	1,685	2,052	(732)	1993	2012
Willows Health Holdings LLC	Cascade Plaza	Redmond, WA	—	2,835	3,784	395	2,835	4,179	7,014	(1,792)	2013	2013
Lockwood Health Holdings LLC	Santa Maria	Santa Maria, CA	—	1,792	2,253	585	1,792	2,838	4,630	(1,834)	1967	2013

Saratoga Health Holdings LLC	Lake Ridge	Orem, UT	—	444		2,265		176		444		2,441		2,885		(681)		1995	2013
Sky Holdings AZ LLC	Desert Sky Assisted Living	Glendale, AZ	—	61		304		372		61		676		737		(566)		2004	2002
Lemon River Holdings LLC	The Grove Assisted Living	Riverside, CA	—	342		802		3,360		342		4,162		4,504		(3,623)		2012	2009
Mission CCRC LLC	St. Joseph's Villa IND	Salt Lake City, UT	—	411		2,312		258		411		2,570		2,981		(2,111)		1994	2011
CTR Partnership, L.P.	Prelude Cottages of Woodbury	Woodbury, MN	—	430		6,714		289		430		7,003		7,433		(1,733)		2011	2014
CTR Partnership, L.P.	Lamplight Inn of Baltimore	Baltimore, MD	—	—		3,697		733		—		—		—		—		2014	2016
CTR Partnership, L.P.	Croatan Village	New Bern, NC	—	312		6,919		155		129		2,946		3,075		(30)		2010	2016
CTR Partnership, L.P.	Countryside Village	Pikeville, NC	—	131		4,157		—		52		1,674		1,726		(17)		2011	2016
CTR Partnership, L.P.	Arbor Place	Lodi, CA	—	392		3,605		59		392		3,664		4,056		(759)		1984	2016
CTR Partnership, L.P.	Applewood of Brookfield	Brookfield, WI	—	493		14,002		105		243		6,091		6,334		(357)		2013	2017
CTR Partnership, L.P.	Applewood of New Berlin	New Berlin, WI	—	356		10,812		139		190		5,172		5,362		(295)		2016	2017
CTR Partnership, L.P.	Memory Care Cottages in White Bear Lake	White Bear Lake, MN	—	1,611		5,633		—		1,611		5,633		7,244		(1,056)		2016	2017
CTR Partnership, L.P.	Vista Del Lago	Escondido, CA	—	4,362		7,997		—		4,362		7,997		12,359		(1,117)		2015	2019
CTR Partnership, L.P.	Inn at Barton Creek	Bountiful, UT	—	2,480		4,804		15		2,480		4,819		7,299		(640)		1999	2020
CTR Partnership, L.P.	Chapters Living of Northwest Chicago	Bartlett , IL	—	1,964		5,650		—		1,964		5,650		7,614		(265)		2017	2023
CTR Partnership, L.P.	Chapters Living of Elmhurst	Elmhurst , IL	—	2,852		7,348		—		2,852		7,348		10,200		(339)		2017	2023
CTR Partnership, L.P.	The Ridge at Lansing	Lansing , MI	—	888		9,871		—		888		9,871		10,759		(443)		2018	2023
CTR Partnership, L.P.	The Ridge at Beavercreek	Beavercreek , OH	—	1,165		8,616		—		1,165		8,616		9,781		(381)		2018	2023
2985 N. G. Street PropCo, LLC	Villas at San Bernardino	San Bernardino, CA	—	1,631		9,263		—		1,631		9,263		10,894		(238)		2003	2024
CTR Partnership, L.P.	South Mountain	Boonsboro, MD	—	1,205		508		—		1,205		508		1,713		—		2022	2024
			—	33,236		147,443		9,697		32,558		132,304		164,862		(35,034)
			—	$	369,335	$	2,120,116	$	123,394	$	367,044	$	2,220,287	$	2,587,331	$	(390,218)

(1) The aggregate cost of real estate for federal income tax purposes was $2.6 billion.

	Year Ended December 31,
Real estate:	2024		2023		2022
Balance at the beginning of the period	$	1,899,290	$	1,721,871	$	1,873,806
Acquisitions	793,733		233,876		21,252
Improvements	6,514		8,878		5,896
Impairment	(4,430)		(10,078)		(29,803)
Sales and/or transfers to assets held for sale, net	(107,776)		(55,257)		(149,280)
Balance at the end of the period	$	2,587,331	$	1,899,290	$	1,721,871
Accumulated depreciation:
Balance at the beginning of the period	$	(350,732)	$	(315,914)	$	(304,785)
Depreciation expense	(50,896)		(45,275)		(42,131)
Impairment	906		2,076		10,232
Sales and/or transfers to assets held for sale, net	10,504		8,381		20,770
Balance at the end of the period	$	(390,218)	$	(350,732)	$	(315,914)