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As of December 31, 2024, we operated through four reportable business segments:
−Removed: integrated senior health campuses, OM, triple-net leased properties and SHOP.
−Removed: We own and/or operate 100% of our properties as of December 31, 2023, with the exception of our investments through Trilogy, or Trilogy Portfolio, Lakeview IN Medical Plaza, Southlake TX Hospital, Pinnacle Beaumont ALF, Pinnacle Warrenton ALF and Louisiana Senior Housing Portfolio.
+Added: integrated senior health campuses, OM, SHOP and triple-net leased properties.
+Added: We own and/or operate 100% of our properties as of December 31, 2024, with the exception of our investments in Southlake TX Hospital, Pinnacle Beaumont ALF, Pinnacle Warrenton ALF and Louisiana Senior Housing Portfolio.
See Note 12, Redeemable Noncontrolling Interests, and Note 13, Equity — Noncontrolling Interests in Total Equity, to the Consolidated Financial Statements that are part of this Annual Report on Form 10-K, for a further discussion of our noncontrolling interests.
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Base Rent/NOI Leased
−Removed: Percentage(2)
Integrated senior health campuses 126 9,323 48.6 % $ 2,020,596 $ 210,112 54.1 % 88.0 %
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and (c) one SNF, in each case, for which we own fee simple interests in the building and other improvements on such properties.
−Removed: Additionally, we operate 20 integrated senior health campuses that were leased to Trilogy by third parties.
+Added: Additionally, we own and operate 17 integrated senior health campuses that were leased to Trilogy by third parties.
The following information generally applies to our properties:
• we believe all of our properties are adequately covered by insurance and are suitable for their intended purposes;
−Removed: • we have no plans for any material renovations, improvements or development with respect to any of our properties, except in accordance with planned budgets and within our Trilogy Portfolio;
+Added: • we have no plans for any material renovations, improvements or development with respect to any of our properties, except in accordance with planned budgets and within our integrated senior health campuses segment;
• our properties are located in markets where we are subject to competition for attracting new tenants and residents, as well as retaining current tenants and residents;
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.