XML 92 R82.htm IDEA: XBRL DOCUMENT v3.25.2
SEGMENT REPORTING (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Rental income $ 86,033,000 $ 55,407,000 $ 157,679,000 $ 108,909,000
Interest income from financing receivable 2,886,000 0 5,693,000 0
Interest income from other real estate related investments and other income 23,550,000 13,484,000 45,718,000 23,052,000
Total revenues 112,469,000 68,891,000 209,090,000 131,961,000
Expenses:        
Depreciation and amortization 21,215,000 13,860,000 39,056,000 27,308,000
Interest expense 13,038,000 8,679,000 19,707,000 16,907,000
Property taxes and insurance 2,117,000 1,976,000 4,182,000 3,777,000
Impairment of real estate investments 0 25,700,000 0 28,500,000
Transaction costs 61,000 0 949,000 0
Property operating expenses 938,000 255,000 1,043,000 915,000
Total general and administrative 12,549,000 6,136,000 21,572,000 12,974,000
Total expenses 49,918,000 56,617,000 86,509,000 90,336,000
Other income (loss):        
Gain on sale of real estate, net 0 21,000 3,876,000 32,000
Unrealized gain (loss) on other real estate related investments, net 1,968,000 (1,877,000) 3,255,000 (2,489,000)
Total other income (loss) 6,381,000 (1,856,000) 11,544,000 (2,457,000)
Income before income tax expense 68,932,000 10,418,000 134,125,000 39,168,000
Income tax expense (1,030,000) 0 (1,030,000) 0
Net income 67,902,000 10,418,000 133,095,000 39,168,000
Net loss attributable to noncontrolling interests (643,000) (340,000) (1,252,000) (336,000)
Net income attributable to CareTrust REIT, Inc. 68,545,000 10,758,000 134,347,000 39,504,000
Reportable Segment        
Revenues:        
Rental income 86,033,000 55,407,000 157,679,000 108,909,000
Interest income from financing receivable 2,886,000 0 5,693,000 0
Interest income from other real estate related investments and other income 23,550,000 13,484,000 45,718,000 23,052,000
Total revenues 112,469,000 68,891,000 209,090,000 131,961,000
Expenses:        
Depreciation and amortization 21,215,000 13,860,000 39,056,000 27,308,000
Interest expense 13,038,000 8,679,000 19,707,000 16,907,000
Property taxes and insurance 2,117,000 1,976,000 4,182,000 3,777,000
Impairment of real estate investments 0 25,711,000 0 28,455,000
Transaction costs 61,000 0 949,000 0
Property operating expenses 938,000 255,000 1,043,000 915,000
Cash compensation 2,003,000 1,542,000 4,093,000 3,307,000
Incentive compensation 3,424,000 1,500,000 4,649,000 3,000,000
Share-based compensation 3,026,000 1,406,000 6,935,000 3,526,000
Professional services 2,453,000 628,000 3,329,000 1,366,000
Taxes and insurance 470,000 345,000 688,000 550,000
Other expenses 1,173,000 715,000 1,878,000 1,225,000
Total general and administrative 12,549,000 6,136,000 21,572,000 12,974,000
Total expenses 49,918,000 56,617,000 86,509,000 90,336,000
Other income (loss):        
Gain on sale of real estate, net 0 21,000 3,876,000 32,000
Unrealized gain (loss) on other real estate related investments, net 1,968,000 (1,877,000) 3,255,000 (2,489,000)
Gain on foreign currency transaction 4,413,000 0 4,413,000 0
Total other income (loss) 6,381,000 (1,856,000) 11,544,000 (2,457,000)
Income before income tax expense 68,932,000 10,418,000 134,125,000 39,168,000
Income tax expense (1,030,000) 0 (1,030,000) 0
Net income 67,902,000 10,418,000 133,095,000 39,168,000
Net loss attributable to noncontrolling interests (643,000) (340,000) (1,252,000) (336,000)
Net income attributable to CareTrust REIT, Inc. $ 68,545,000 $ 10,758,000 $ 134,347,000 $ 39,504,000