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Segment Disclosures
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Segment Disclosures

Note 8. Segment Disclosures

We have historically operated in two reportable business segments: (i) student housing and (ii) senior housing.

On June 7, 2024, the Company executed an agreement of purchase and sale with an unaffiliated third party for the sale of our final student property located in Fayetteville Arkansas (“Fayetteville property”). Subsequent to the sale, the company will only operate in a single segment, senior housing. Please see Note 11 – Subsequent Events for additional details regarding the sale.

We concluded that the Fayetteville property sale qualified as discontinued operations as the property met the criteria of held for sale, and the disposal represents a strategic shift in our business as we will no longer own or operate student housing communities. Please see Note 3 - Discontinued Operations for additional details.