| Fiscal period | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|
| Period End Date | 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 |
|---|
| Rental income | 374.13 | 381.50 | 376.27 | 400.59 | 396.72 | 430.58 | 452.14 | 536.61 | 364.19 | 225.28 |
| Resident fees and services | 356.88 | 284.58 | 236.15 | 186.67 | 155.51 | 156.05 | 128.06 | 70.14 | 26.43 | 7.79 |
| Interest income | 43.62 | 37.16 | 35.10 | 37.55 | 17.32 | 11.94 | 81.54 | 16.67 | 15.03 | 27.46 |
| Total Revenues | 774.63 | 703.24 | 647.51 | 624.81 | 569.55 | 598.57 | 661.74 | 623.41 | 405.65 | 260.53 |
| Depreciation and amortization | 187.00 | 169.62 | 183.09 | 187.78 | 178.99 | 176.74 | 181.55 | 191.38 | 113.88 | 68.47 |
| General and administrative | 53.71 | 50.07 | 47.47 | 39.57 | 34.67 | 32.76 | 30.46 | 36.46 | 32.40 | 19.92 |
| Merger and acquisition costs | -- | -- | -- | -- | -- | -- | 0.42 | 0.64 | 30.26 | -- |
| Impairment | (7.32) | (18.47) | (14.33) | (94.04) | (9.50) | (4.00) | (121.82) | (1.41) | (1.33) | (29.81) |
| Operating expenses | -- | -- | -- | -- | -- | -- | -- | (49.55) | (17.86) | (5.70) |
| Provision for doubtful accounts and write-offs | 1.05 | 0.57 | (0.19) | (0.14) | (3.94) | (1.86) | (1.24) | (39.08) | (17.11) | (5.54) |
| Triple-net portfolio operating expenses | (14.49) | (17.07) | (17.93) | (19.62) | (20.22) | (20.59) | (22.22) | -- | -- | -- |
| Senior housing - managed portfoliooperating expenses | (256.62) | (210.02) | (177.31) | (142.99) | (120.98) | (110.96) | (86.26) | -- | -- | -- |
| Total expenses | 630.58 | 579.95 | 553.29 | 589.62 | 466.93 | 447.33 | 570.57 | 465.61 | 301.28 | -- |
| Interest | 112.49 | 115.27 | 112.96 | 105.47 | 98.63 | 100.42 | 126.61 | 147.11 | 88.44 | 64.87 |
| Gain on sale of real estate | (3.52) | 2.10 | (76.63) | (12.01) | 12.30 | 2.86 | 2.30 | 128.20 | 52.03 | (6.12) |
| Other income | 14.04 | 2.74 | 2.60 | (1.10) | 0.37 | 2.15 | 2.09 | 4.48 | 3.17 | 10.68 |
| Loss on extinguishment of debt | (1.15) | 0.00 | (1.54) | (0.41) | (34.62) | (0.53) | (16.34) | (2.92) | (0.55) | (0.56) |
| Total other income (expense) | 9.36 | 4.83 | (75.57) | (13.52) | (21.95) | 4.48 | (11.95) | 129.76 | 54.65 | 4.00 |
| Income before income taxes | 153.42 | 128.11 | 18.66 | 21.67 | 80.67 | 155.73 | 79.22 | 287.56 | 159.02 | -- |
| Current | 1.73 | 1.01 | 2.00 | 1.23 | 2.26 | -- | -- | -- | -- | -- |
| Deferred | 0.11 | 0.00 | -- | 0.01 | (0.42) | -- | -- | -- | -- | -- |
| Income tax expense | 1.84 | 1.01 | 2.00 | 1.24 | 1.85 | 0.71 | 3.40 | 3.01 | 0.65 | -- |
| Income from unconsolidated joint venture | 3.93 | (0.40) | (2.90) | (98.03) | (192.08) | (16.60) | (6.80) | (5.43) | -- | -- |
| Net (Loss) Income | 155.51 | 126.71 | 13.76 | (77.61) | (113.26) | 138.42 | 69.02 | 279.12 | 158.37 | 70.21 |
| Net loss attributable to noncontrolling interests | (0.10) | -- | -- | -- | -- | -- | 0.02 | 0.03 | (0.02) | (0.07) |
| Preferred stock dividends | -- | -- | -- | -- | -- | 0.00 | 0.00 | 9.77 | 10.24 | 10.24 |
| Net income (loss) available to common shareholders | 155.61 | 126.71 | 13.76 | (77.61) | (113.26) | 138.42 | 69.00 | 269.31 | 148.14 | 60.03 |
| Net Earnings Per Share (Basic) | 0.64 | 0.54 | 0.06 | (0.34) | (0.52) | 0.67 | 0.37 | 1.51 | 1.40 | 0.92 |
| Net Earnings Per Share (Diluted) | 0.64 | 0.54 | 0.06 | (0.34) | (0.52) | 0.67 | 0.37 | 1.51 | 1.40 | 0.92 |
| Weighted Average Shares Outstanding (Basic) | 241.31 | 233.50 | 231.20 | 230.95 | 219.07 | 206.22 | 187.17 | 178.31 | 105.62 | 65.28 |
| Weighted Average Shares Outstanding (Diluted) | 244.50 | 236.05 | 232.79 | 230.95 | 219.07 | 207.25 | 188.13 | 178.72 | 105.84 | 65.52 |
| Funds from operations (FFO) | 360.87 | 321.61 | 296.50 | 295.88 | 253.22 | 346.53 | 393.31 | 355.00 | 211.27 | 164.44 |