OMEGA HEALTHCARE INVESTORS INC 10-K

Item 2 – Properties At December 31, 2020, our real estate investments include SNFs and ALFs and to a lesser extent ILFs, specialty facilities and MOBs, in the form of (i) owned facilities that are leased to operators or their affiliates, (ii) investments in direct financing leases to operators or their affiliates and (iii) mortgages on facilities that are operated by the mortgagors or their affiliates. The properties are located in 40 states and the United Kingdom and are operated by 69 operators (we use the term “operator” to refer to our tenants and mortgagors and their affiliates who manage and/or operate our properties). In some cases, our tenants and mortgagors contract with a healthcare operator to operate the facilities. The following table summarizes our property investments as of December 31, 2020: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Number of ​ ​ ​ Gross Real Estate ​ ​ Operating ​ Number of ​ Investment Investment Structure/Operator Beds Facilities (in thousands) Operating Lease Facilities (1) ​ ​ ​ ​ ​ ​ ​ Consulate Health Care (2) 8,975 80 ​ $ 939,082 Maplewood Real Estate Holdings, LLC 1,306 16 ​ 833,633 Saber Health Group 5,561 49 ​ 563,229 Agemo Holdings LLC 5,982 55 ​ 519,749 CommuniCare Health Services, Inc. 3,945 32 ​ 417,701 Genesis HealthCare 5,241 46 ​ 351,196 Nexion Health Inc. 4,464 47 ​ 326,388 Ciena Healthcare 2,332 23 ​ 321,231 Healthcare Homes 1,985 39 ​ 310,607 Health and Hospital Corporation 4,606 44 ​ 304,698 Remaining Operators 43,295 451 ​ 3,814,640 ​ ​ 87,692 ​ 882 ​ ​ 8,702,154 ​ ​ ​ ​ ​ ​ ​ ​ Assets Held for Sale ​ 1,834 ​ 22 ​ ​ 81,452 ​ ​ ​ ​ ​ ​ ​ ​ Investment in Direct Financing Leases ​ 83 ​ 1 ​ ​ 11,458 ​ ​ ​ ​ ​ ​ ​ ​ Mortgages (3) ​ ​ ​ ​ ​ ​ ​ Ciena Healthcare ​ 4,653 ​ 46 ​ ​ 670,015 Guardian LTC Management Inc. ​ 808 ​ 9 ​ ​ 112,500 Remaining Operators ​ 712 ​ 7 ​ ​ 136,043 ​ ​ 6,173 ​ 62 ​ ​ 918,558 ​ ​ ​ ​ ​ ​ ​ ​ Total 95,782 967 ​ $ 9,713,622 ​ (1)   Certain of our lease agreements contain purchase options that permit the lessees to purchase the underlying properties from us. (2) Certain of the real estate indicated are security for HUD loan borrowings. (3) In general, many of our mortgages contain prepayment provisions that permit prepayment of the outstanding principal amounts thereunder. 28 Table of Contents The following table presents the concentration of our real estate investments by state and the U.K. as of December 31, 2020: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ % of ​ ​ ​ ​ ​ ​ Gross Real Estate ​ Gross Real ​ ​ Number of ​ Number of ​ Investment ​ Estate Location Operating Beds Facilities (in thousands) Investment Florida 15,536 128 ​ $ 1,400,648 14.4 % Texas 11,331 117 ​ 859,136 8.8 % Michigan 5,005 49 ​ 663,640 6.8 % Indiana 7,294 70 ​ 639,590 6.6 % Pennsylvania 5,073 55 ​ 584,601 6.0 % Ohio 5,071 53 ​ 576,867 5.9 % California 4,848 57 ​ 567,784 5.8 % United Kingdom 2,977 57 ​ 442,248 4.6 % Virginia 3,845 29 ​ 409,175 4.2 % North Carolina 4,189 41 ​ 349,316 3.6 % Remaining States 30,613 311 ​ 3,220,617 33.3 % ​ ​ 95,782 ​ 967 ​ $ 9,713,622 ​ 100.0 % ​ ​ ​ Item 3 – Legal Proceedings See Note 18 — Commitments and Contingencies in the Financial Statements - Part IV, Item 15, which is hereby incorporated by reference in response to this item. ​ Item 4 – Mine Safety Disclosures None. ​ PART II