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CONCENTRATION OF CREDIT RISK (Tables)
 3 Months Ended
Mar. 31, 2025
Risks and Uncertainties [Abstract]  
Schedules of Concentration of Risk, by Risk Factor
The following table summarizes certain information about our credit risk concentration for our NNN and OM&R segments for the three months ended March 31, 2025 and 2024:
 For the Three Months Ended March 31,
 20252024
Contribution as a Percentage of Total Revenues:
  
Brookdale (1)(2)
3.0 %3.1 %
Kindred
2.7 2.8 
Ardent (3)
2.6 2.8 
All others20.4 23.5 
Contribution as a Percentage of Total NOI:
Brookdale (1)(2)
7.0 %7.4 %
Kindred
6.3 6.6 
Ardent (3)
6.1 6.7 
All others34.1 38.9 
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(1)Excludes nine senior housing communities which are included in our SHOP segment.
(2)2025 and 2024 include $6.6 million and $10.7 million, respectively, of amortization of up-front consideration received in 2020 from a revised master lease agreement with Brookdale.
(3)Excludes 19 outpatient medical buildings leased in whole or in part to Ardent, which are included in “All others.”
Each of our Brookdale, Ardent and Kindred leases is guaranteed by a corporate parent.
Operating Lease, Lease Income The following table summarizes rental income from our NNN and OM&R operating leases (dollars in thousands):
For the Three Months Ended March 31,
20252024
Fixed income from operating leases$316,109 $317,853 
Variable income from operating leases61,323 56,392