−Removed: As of December 31, 2022, 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 and two ALFs which are being repurposed.
−Removed: The following table displays the expiration of the annualized contractual cash rental income under our lease agreements as of December 31, 2022 by year and total investment (dollars in thousands) and, in each case, without giving effect to any renewal or purchase options:
+Added: As of December 31, 2023, all of the properties we own are leased under long-term, triple-net leases (including properties we own through joint ventures), except for one SNF which is non-operational.
+Added: The following table displays the expiration of the annualized contractual cash rental income under our lease agreements as of December 31, 2023, excluding properties classified as held for sale, one SNF which is non-operational and two ALFs which are being repurposed, by year and total investment (dollars in thousands) and, in each case, without giving effect to any renewal or purchase options:
Maturity Percent of Total Percent of
−Removed: Year Investment (1)
−Removed: Investment Rent (1)
+Added: Year Investment Investment Rent (1)
2024 $ 15,800 0.8 % $ 1,583 0.8 %
9 unchanged sentences
Total $ 1,969,915 100.0 % $ 201,739 100.0 %
−Removed: (1) Amounts exclude properties classified as held for sale as of December 31, 2022.
+Added: (1) Includes three SNFs held in consolidated joint ventures.
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.