XML 55 R44.htm IDEA: XBRL DOCUMENT v3.25.3
Real Property Acquisitions and Development - Narrative (Details)
$ in Thousands, £ in Millions, shares in Millions, $ in Millions
1 Months Ended 2 Months Ended 3 Months Ended 9 Months Ended
Oct. 01, 2024
USD ($)
property
Sep. 30, 2024
USD ($)
property
Oct. 28, 2025
USD ($)
shares
Oct. 28, 2025
GBP (£)
shares
Mar. 31, 2025
CAD ($)
community
parcel
Feb. 28, 2025
USD ($)
property
Aug. 31, 2025
USD ($)
property
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
property
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
property
Oct. 29, 2025
GBP (£)
property
Dec. 31, 2024
USD ($)
[1]
Business Combination [Line Items]                          
Acquisition measurement period adjustments                   $ 50,625      
Secured debt               $ 2,487,354   2,487,354     $ 2,338,155
Gain (loss) on real estate dispositions and acquisitions of controlling interests, net               4,025 $ 272,266 70,652 $ 443,416    
Allowance for credit losses on real estate loans receivable                          
Business Combination [Line Items]                          
Loan Carrying Value               2,414,941   2,414,941      
Equity Method Joint Venture                          
Business Combination [Line Items]                          
Percentage ownership   25.00%             25.00%   25.00%    
Number of properties | property   39             39   39    
Payments for investments   $ 205,029                      
Secured debt   $ 532,575             $ 532,575   $ 532,575    
Gain (loss) on real estate dispositions and acquisitions of controlling interests, net                 $ 179,770   $ 179,770    
Seniors Housing Operating                          
Business Combination [Line Items]                          
Acquisition measurement period adjustments                   50,625      
Care UK Acquisition                          
Business Combination [Line Items]                          
Number of assets acquired | property 136                        
Consideration transferred $ 841,546                        
Payments to acquire businesses, gross                   20,229      
Pro forma               $ 213,246   $ 598,980      
Seniors Housing Triple-net Acquisition                          
Business Combination [Line Items]                          
Number of assets acquired | property           48 37            
Consideration transferred           $ 990,908 $ 785,560            
Payment to acquire assets           750,833 543,106            
Equity issued in acquisition           $ 240,075 $ 242,454            
Amica Senior Lifestyles Acquisition                          
Business Combination [Line Items]                          
Consideration transferred         $ 4,600                
Amica Senior Lifestyles Acquisition | Secured bond                          
Business Combination [Line Items]                          
Asset acquisition debt assumed         $ 567                
Interest rate (in percent)         3.70%                
Amica Senior Lifestyles Acquisition | Senior Housing Communities                          
Business Combination [Line Items]                          
Number of assets acquired | community         38                
Amica Senior Lifestyles Acquisition | Development Parcels                          
Business Combination [Line Items]                          
Number of assets acquired | parcel         9                
U.K. And U.S. Acquisitions | Subsequent event                          
Business Combination [Line Items]                          
Consideration transferred | £       £ 5,200                  
Number of shares issued in asset acquisition (in shares) | shares     6.6 6.6                  
U.K. And U.S. Acquisitions, Properties Under RIDEA Structure | Subsequent event                          
Business Combination [Line Items]                          
Number of assets acquired | property                       111  
U.K. And U.S. Acquisitions, Properties Subject to Triple Net Lease | Subsequent event                          
Business Combination [Line Items]                          
Number of assets acquired | property                       152  
U.K. And U.S. Acquisitions, Properties Under Development | Subsequent event                          
Business Combination [Line Items]                          
Number of assets acquired | property                       21  
HC-One Group Portfolio | Subsequent event                          
Business Combination [Line Items]                          
Number of assets acquired | property                       279  
Consideration transferred | £       £ 1,200                  
HC-One Group Portfolio | Subsequent event | Allowance for credit losses on real estate loans receivable                          
Business Combination [Line Items]                          
Loan Carrying Value | £                       £ 660  
Seniors Housing Acquisitions | Subsequent event                          
Business Combination [Line Items]                          
Expected consideration     $ 4,700,000                    
In place lease intangibles | Care UK Acquisition                          
Business Combination [Line Items]                          
Useful life                   1 year 9 months 18 days      
Minimum | Secured bond                          
Business Combination [Line Items]                          
Interest rate (in percent)               1.51%   1.51%      
Minimum | In place lease intangibles                          
Business Combination [Line Items]                          
Useful life                   1 year      
Maximum | Secured bond                          
Business Combination [Line Items]                          
Interest rate (in percent)               6.67%   6.67%      
Maximum | In place lease intangibles                          
Business Combination [Line Items]                          
Useful life                   2 years      
[1] The consolidated balance sheet at December 31, 2024 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements.