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IMPAIRMENT OF REAL ESTATE INVESTMENTS, ASSETS HELD FOR SALE, NET AND ASSET SALES (Tables)
 12 Months Ended
Dec. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Asset Sales and Held for Sale Reclassifications
The following table summarizes the Company’s dispositions for the years ended December 31, 2024, 2023 and 2022 (dollars in thousands):
Twelve Months Ended December 31,
20242023
2022(1)
Number of facilities 17513
Net sales proceeds(2)
$17,715 $18,313 $57,149 
Net carrying value19,923 16,095 60,918 
Net (loss) gain on sale$(2,208)$2,218 $(3,769)
(1)Net sales proceeds, net carrying value and net (loss) gain on sale also reflect a land parcel that was sold during the year ended December 31, 2022, which is not included in the number of facilities.
(2)Net sales proceeds includes $1.0 million of seller financing in connection with the sale of one ALF in January 2024. Net sales proceeds includes $2.0 million of seller financing in connection with the sale of one ALF in June 2023. Net sales proceeds includes $12.0 million of seller financing in connection with the sale of six SNFs and one multi-service campus in September 2022.
The following table summarizes the Company’s assets held for sale activity for the years ended December 31, 2024 and 2023 (dollars in thousands):
Net Carrying ValueNumber of Facilities
December 31, 2022$12,291 5 
Additions to assets held for sale47,114 14 
Assets sold(16,095)(5)
Impairment of real estate held for sale(28,299)— 
December 31, 202315,011 14
Additions to assets held for sale104,447 15 
Assets sold(19,923)(17)
Impairment of real estate held for sale(37,266)— 
Assets reclassified to held for investment(5,008)(2)
December 31, 2024$57,261 10