1 unchanged sentence
At December 31, 2021, 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.
−Removed: 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).
−Removed: In some cases, our tenants and mortgagors contract with a healthcare operator to operate the facilities.
−Removed: The following table summarizes our property investments as of December 31, 2020:
−Removed: Gross Real Estate
−Removed: Investment Structure/Operator
−Removed: (in thousands)
−Removed: Operating Lease Facilities (1)
−Removed: Consulate Health Care (2)
−Removed: Maplewood Real Estate Holdings, LLC
−Removed: Saber Health Group
−Removed: Agemo Holdings LLC
−Removed: CommuniCare Health Services, Inc.
−Removed: Genesis HealthCare
−Removed: Nexion Health Inc.
−Removed: Ciena Healthcare
−Removed: Healthcare Homes
−Removed: Health and Hospital Corporation
−Removed: Remaining Operators
−Removed: Assets Held for Sale
−Removed: Investment in Direct Financing Leases
−Removed: Mortgages (3)
−Removed: Ciena Healthcare
−Removed: Guardian LTC Management Inc.
−Removed: Remaining Operators
−Removed: (1) Certain of our lease agreements contain purchase options that permit the lessees to purchase the underlying properties from us.
−Removed: Certain of the real estate indicated are security for HUD loan borrowings.
−Removed: (3) In general, many of our mortgages contain prepayment provisions that permit prepayment of the outstanding principal amounts thereunder.
+Added: The properties are located in 42 states and the U.K.
The following table presents the concentration of our real estate investments by state and the U.K.
4 unchanged sentences
United Kingdom
−Removed: North Carolina
Remaining States
Item 3 – Legal Proceedings
−Removed: 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.
+Added: See Note 20— Commitments and Contingencies to the Consolidated Financial Statements - Part IV, Item 15, which is hereby incorporated by reference in response to this item.
Item 4 – Mine Safety Disclosures
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.