CONCENTRATION OF CREDIT RISK (Tables)

6 Months Ended

Jun. 30, 2024

Risks and Uncertainties [Abstract]

Schedules of Concentration of Risk, by Risk Factor

The properties we triple-net leased to Brookdale, Ardent and Kindred accounted for a significant portion of total revenues and total NOI for the three months ended June 30, 2024 and 2023. The following table reflects the concentration risk related to our triple-net leased properties including assets held for sale for the periods presented:

	For the Three Months Ended June 30,
	2024		2023
Contribution as a Percentage of Total Revenues (1):
Brookdale	3.1	%	3.4	%
Ardent (2)	2.8		3.0
Kindred	2.8		3.0
Contribution as a Percentage of Total NOI (3):
Brookdale	7.2	%	7.8	%
Ardent (2)	6.6		6.9
Kindred	6.6		6.9

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(1)Total revenues include third party capital management revenues, income from loans and investments and interest and other income.

(2)Results exclude 19 outpatient medical buildings included in our outpatient medical and research portfolio segment.

(3)See “Non-GAAP Financial Measures” included elsewhere in this Quarterly Report on Form 10-Q for additional disclosure and a reconciliation of net income attributable to common stockholders, as computed in accordance with GAAP, to NOI.