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SEGMENT REPORTING (Tables)
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of CODM Evaluation of Performance Based on Net Income
The CODM evaluates performance based on net income, as follows (in thousands):
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2025202420252024
Revenues:
Rental income$104,265 $57,153 $261,944 $166,062 
Interest income from financing receivable2,908 — 8,601 — 
Interest income from other real estate related investments and other income25,271 20,228 70,989 43,280 
Total revenues132,444 77,381 341,534 209,342 
Expenses:
Depreciation and amortization26,693 14,009 65,749 41,317 
Interest expense12,622 8,281 32,329 25,188 
Property taxes and insurance2,326 2,115 6,508 5,892 
Impairment of real estate investments452 8,417 452 36,872 
Transaction costs560 — 1,509 — 
Property operating expenses279 3,477 1,322 4,392 
General and administrative
Cash compensation2,636 1,571 6,730 4,878 
Incentive compensation7,042 2,500 11,691 5,500 
Share-based compensation2,493 1,143 9,428 4,669 
Professional services1,439 570 4,768 1,936 
Taxes and insurance523 211 1,212 761 
Other expenses(1)
1,287 668 3,163 1,893 
Total general and administrative15,420 6,663 36,992 19,637 
Total expenses58,352 42,962 144,861 133,298 
Other income (loss):
Loss on extinguishment of debt(390)(657)(390)(657)
(Loss) gain on sale of real estate, net— (2,286)3,876 (2,254)
Unrealized gain (loss) on other real estate related investments, net3,603 1,800 6,858 (689)
(Loss) gain on foreign currency transaction, net(298)— 4,115 — 
Total other income (loss)2,915 (1,143)14,459 (3,600)
Income before income tax expense77,007 33,276 211,132 72,444 
Income tax expense(2,077)— (3,107)— 
Net income74,930 33,276 208,025 72,444 
Net income (loss) attributable to noncontrolling interests29 (165)(1,223)(501)
Net income attributable to CareTrust REIT, Inc.$74,901 $33,441 $209,248 $72,945 
(1)Other expenses include certain overhead expenses.