−Removed: As of December 31, 2020, all of our properties are leased under long-term, triple-net leases.
+Added: As of December 31, 2021, all of our properties are leased under long-term, triple-net leases, except for two ALFs for which we are in the process of identifying an operator .
The following table displays the expiration of the annualized contractual cash rental income under our lease agreements as of December 31, 2021 by year and total investment (dollars in thousands) and, in each case, without giving effect to any renewal or purchase options:
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2034 414,053 21.0 % 39,391 20.6 %
+Added: 2036 146,487 7.4 % 13,524 7.1 %
+Added: 2038 95,800 5.0 % 9,811 5.0 %
Total $ 1,970,880 100.0 % $ 191,632 100.0 %
−Removed: (1) Amounts exclude our one mezzanine loan receivable and properties classified as held for sale as of December 31, 2020.
+Added: (1) Amounts exclude properties classified as held for sale as of December 31, 2021.
See the “Tenant Purchase Options” section of Note 3, Real Estate Investments, Net in the Notes to consolidated financial statements for additional information on leases subject to purchase options.
1 unchanged sentence
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.