2024 Q2 Form 10-Q Financial Statement

#000162828024018706 Filed on April 26, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $695.5M $606.6M
YoY Change 27.51% 15.39%
Cost Of Revenue $273.8M $243.7M
YoY Change 23.76% 9.25%
Gross Profit $421.7M $362.8M
YoY Change 30.08% 19.91%
Gross Profit Margin 60.63% 59.82%
Selling, General & Admin $26.72M $23.30M
YoY Change 3.02% -5.08%
% of Gross Profit 6.34% 6.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $283.5M $219.2M
YoY Change 43.49% 22.31%
% of Gross Profit 67.23% 60.42%
Operating Expenses $273.8M $243.7M
YoY Change 22.51% 9.25%
Operating Profit $147.9M $119.1M
YoY Change 46.87% 49.81%
Interest Expense $74.91M $60.91M
YoY Change -252.65% 26.99%
% of Operating Profit 50.67% 51.14%
Other Income/Expense, Net $126.0M $81.77M
YoY Change 9141.06% -0.7%
Pretax Income $155.4M $22.50M
YoY Change 184.57% -83.08%
Income Tax $2.728M $13.70M
% Of Pretax Income 1.76% 60.88%
Net Earnings $146.0M $6.676M
YoY Change 182.22% -94.39%
Net Earnings / Revenue 21.0% 1.1%
Basic Earnings Per Share $0.21 $0.01
Diluted Earnings Per Share $0.21 $0.01
COMMON SHARES
Basic Shares Outstanding 703.8M shares 547.2M shares
Diluted Shares Outstanding 703.3M shares 601.2M shares

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $106.9M $101.8M
YoY Change 2.99% 71.8%
Cash & Equivalents $106.9M $101.8M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $59.66M $68.57M
Other Receivables $0.00 $0.00
Total Short-Term Assets $166.5M $170.3M
YoY Change 5.91% 45.66%
LONG-TERM ASSETS
Property, Plant & Equipment $16.84B $17.10B
YoY Change 26.31% 28.33%
Goodwill $65.16M $65.16M
YoY Change
Intangibles $1.076B $1.160B
YoY Change 195.26% 196.07%
Long-Term Investments $927.2M $930.6M
YoY Change 26.67% 30.21%
Other Assets $52.41M $55.40M
YoY Change -19.4% -4.47%
Total Long-Term Assets $20.01B $20.37B
YoY Change 29.57% 31.55%
TOTAL ASSETS
Total Short-Term Assets $166.5M $170.3M
Total Long-Term Assets $20.01B $20.37B
Total Assets $20.18B $20.54B
YoY Change 29.33% 31.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $977.2M $1.021B
YoY Change 43.13% 48.19%
Accrued Expenses $509.9M $472.3M
YoY Change 149.37% 127.37%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $28.56M $29.63M
YoY Change -67.34% -66.62%
Total Short-Term Liabilities $1.516B $1.523B
YoY Change 70.83% 69.84%
LONG-TERM LIABILITIES
Long-Term Debt $8.574B $8.726B
YoY Change 30.54% 35.21%
Other Long-Term Liabilities $1.380B $1.411B
YoY Change 35.03% 37.21%
Total Long-Term Liabilities $9.954B $10.14B
YoY Change 31.14% 35.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.516B $1.523B
Total Long-Term Liabilities $9.954B $10.14B
Total Liabilities $10.76B $10.94B
YoY Change 18.66% 30.6%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $700.3M $703.7M
YoY Change 28.02% 28.65%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.757B $8.882B
YoY Change
Total Liabilities & Shareholders Equity $20.18B $20.54B
YoY Change 29.33% 31.66%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $146.0M $6.676M
YoY Change 182.22% -94.39%
Depreciation, Depletion And Amortization $283.5M $219.2M
YoY Change 43.49% 22.31%
Cash From Operating Activities $316.2M $152.6M
YoY Change 6.17% -12.28%
INVESTING ACTIVITIES
Capital Expenditures $122.5M $107.1M
YoY Change -37.12% -50.23%
Acquisitions
YoY Change
Other Investing Activities $310.0M $9.269M
YoY Change -147029.38% -96.59%
Cash From Investing Activities $187.5M -$97.78M
YoY Change -196.16% -273.54%
FINANCING ACTIVITIES
Cash Dividend Paid $164.2M
YoY Change -0.47%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -501.6M -$66.65M
YoY Change 742.98% -72.22%
NET CHANGE
Cash From Operating Activities 316.2M $152.6M
Cash From Investing Activities 187.5M -$97.78M
Cash From Financing Activities -501.6M -$66.65M
Net Change In Cash 2.137M -$11.87M
YoY Change -95.06% 23.48%
FREE CASH FLOW
Cash From Operating Activities $316.2M $152.6M
Capital Expenditures $122.5M $107.1M
Free Cash Flow $193.7M $45.51M
YoY Change 88.04% -210.51%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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ProceedsFromSaleOfRealEstateHeldforinvestment
141559000 usd
CY2024Q1 peak Proceeds From Divestitures Of Interest In Joint Venture
ProceedsFromDivestituresOfInterestInJointVenture
125662000 usd
CY2024Q1 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
75306000 usd
CY2023Q1 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
158381000 usd
CY2024Q1 peak Payments To Acquire Loans Receivable And Other
PaymentsToAcquireLoansReceivableAndOther
6204000 usd
CY2023Q1 peak Payments To Acquire Loans Receivable And Other
PaymentsToAcquireLoansReceivableAndOther
1918000 usd
CY2024Q1 peak Cash Cash Equivalents And Restricted Cash Assumed As Part Of Mergers
CashCashEquivalentsAndRestrictedCashAssumedAsPartOfMergers
-179215000 usd
CY2023Q1 peak Cash Cash Equivalents And Restricted Cash Assumed As Part Of Mergers
CashCashEquivalentsAndRestrictedCashAssumedAsPartOfMergers
0 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-97781000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
56345000 usd
CY2024Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
2500000000 usd
CY2023Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
3372255000 usd
CY2024Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
343414000 usd
CY2023Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
296217000 usd
CY2024Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
118619000 usd
CY2023Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
96214000 usd
CY2024Q1 peak Initial Direct Costs Net
InitialDirectCostsNet
165000000 usd
CY2024Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
3037000000 usd
CY2023Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
3811861000 usd
CY2024Q1 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
750000000 usd
CY2023Q1 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
399532000 usd
CY2024Q1 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
861000 usd
CY2023Q1 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
1325000 usd
CY2024Q1 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
5438000 usd
CY2023Q1 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
4175000 usd
CY2024Q1 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
94000 usd
CY2023Q1 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
-151000 usd
CY2024Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
101995000 usd
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6467000 usd
CY2024Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
164200000 usd
CY2023Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
164976000 usd
CY2024Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
7258000 usd
CY2023Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
22803000 usd
CY2024Q1 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
10000 usd
CY2023Q1 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
96000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-66648000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-239875000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-11865000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-9609000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
169023000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
126834000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
157158000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
117225000 usd
CY2024Q1 us-gaap Nature Of Operations
NatureOfOperations
Business<div style="margin-bottom:6pt;margin-top:1pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Overview</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Healthpeak Properties, Inc., a Standard &amp; Poor’s 500 company, is a Maryland corporation that is organized to qualify as a real estate investment trust (“REIT”) and that, together with its consolidated entities (collectively, “Healthpeak” or the “Company”), owns, operates, and develops high-quality real estate for healthcare discovery and delivery in the United States (“U.S.”). Healthpeak® has a diverse portfolio comprised of investments in the following reportable healthcare segments: (i) outpatient medical; (ii) lab; and (iii) continuing care retirement community (“CCRC”).</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s corporate headquarters are in Denver, Colorado, and it has additional corporate offices in California, Tennessee, Wisconsin, and Massachusetts, and property management offices in several locations throughout the U.S.</span></div><div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On February 10, 2023, the Company completed its corporate reorganization (the “Reorganization”) into an umbrella partnership REIT (“UPREIT”). Substantially all of the Company’s business is conducted through Healthpeak OP, LLC (“Healthpeak OP”). The Company is the managing member of Healthpeak OP and does not have material assets or liabilities, other than through its investment in Healthpeak OP. For additional information on the UPREIT reorganization, see the Company’s Current Report on Form 8-K12B filed with the U.S. Securities and Exchange Commission (“SEC”) on February 10, 2023.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On March 1, 2024, the Company completed its planned merger with Physicians Realty Trust (see Note 3). Following the completion of the planned merger, shares of the Company’s common stock began trading on the New York Stock Exchange under the ticker symbol “DOC” on March 4, 2024.</span></div>
CY2024Q1 peak Commitments Development And Redevelopment Projects And Tenant Improvements Amount Increase Decrease
CommitmentsDevelopmentAndRedevelopmentProjectsAndTenantImprovementsAmountIncreaseDecrease
-2000000 usd
CY2024Q1 peak Commitments Development And Redevelopment Projects And Tenant Improvements
CommitmentsDevelopmentAndRedevelopmentProjectsAndTenantImprovements
178000000 usd
CY2024Q1 peak Properties Held For Sale Number
PropertiesHeldForSaleNumber
0 property
CY2023Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
CY2024Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
CY2023Q4 peak Initial Direct Costs Net
InitialDirectCostsNet
172000000 usd
CY2024Q1 peak Straight Line Rent Receivable Net Of Allowances
StraightLineRentReceivableNetOfAllowances
321000000 usd
CY2023Q4 peak Straight Line Rent Receivable Net Of Allowances
StraightLineRentReceivableNetOfAllowances
310000000 usd
CY2024Q1 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
-6260000 usd
CY2023Q4 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
-131000 usd
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
9334000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
2830000 usd
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
267798000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
218450000 usd
CY2024Q1 peak Loans And Leases Receivable Remaining Commitments
LoansAndLeasesReceivableRemainingCommitments
74000000 usd
CY2024Q1 us-gaap Receivable With Imputed Interest Discount
ReceivableWithImputedInterestDiscount
5000000 usd
CY2024Q1 peak Loans Receivables Acquired
LoansReceivablesAcquired
124000000 usd
CY2024Q1 peak Number Of Loans
NumberOfLoans
6 loan
CY2024Q1 peak Loans And Leases Receivable Remaining Commitments
LoansAndLeasesReceivableRemainingCommitments
74000000 usd
CY2023Q1 peak Loans Receivable Extension Fee
LoansReceivableExtensionFee
1000000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
2830000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
8280000 usd
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
6504000 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
2088000 usd
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Sale And Reclassification To Held For Sale
FinancingReceivableExcludingAccruedInterestSaleAndReclassificationToHeldForSale
0 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Sale And Reclassification To Held For Sale
FinancingReceivableExcludingAccruedInterestSaleAndReclassificationToHeldForSale
7538000 usd
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
9334000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
2830000 usd
CY2024Q1 peak Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Unfunded Loan Commitments
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestUnfundedLoanCommitments
5600000 usd
CY2023Q4 peak Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Unfunded Loan Commitments
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestUnfundedLoanCommitments
700000 usd
CY2024Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
930559000 usd
CY2023Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
782853000 usd
CY2024Q1 us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
78000000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1619603000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
739228000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
459157000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
425072000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1160446000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
314156000 usd
CY2024Q1 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P5Y
CY2023 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P5Y
CY2024Q1 peak Lease Up Intangible Assets Gross
LeaseUpIntangibleAssetsGross
1570000000 usd
CY2023Q4 peak Lease Up Intangible Assets Gross
LeaseUpIntangibleAssetsGross
725000000 usd
CY2024Q1 peak Above Market Lease Intangible Assets Gross
AboveMarketLeaseIntangibleAssetsGross
53000000 usd
CY2023Q4 peak Above Market Lease Intangible Assets Gross
AboveMarketLeaseIntangibleAssetsGross
14000000 usd
CY2024Q1 peak Lease Up Intangible Assets Accumulated Depreciation And Amortization
LeaseUpIntangibleAssetsAccumulatedDepreciationAndAmortization
451000000 usd
CY2023Q4 peak Lease Up Intangible Assets Accumulated Depreciation And Amortization
LeaseUpIntangibleAssetsAccumulatedDepreciationAndAmortization
418000000 usd
CY2024Q1 peak Above Market Lease Intangible Assets Accumulated Depreciation And Amortization
AboveMarketLeaseIntangibleAssetsAccumulatedDepreciationAndAmortization
8000000 usd
CY2023Q4 peak Above Market Lease Intangible Assets Accumulated Depreciation And Amortization
AboveMarketLeaseIntangibleAssetsAccumulatedDepreciationAndAmortization
7000000 usd
CY2024Q1 peak Finite Lived Intangible Liabilities Gross
FiniteLivedIntangibleLiabilitiesGross
374237000 usd
CY2023Q4 peak Finite Lived Intangible Liabilities Gross
FiniteLivedIntangibleLiabilitiesGross
228105000 usd
CY2024Q1 peak Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
135477000 usd
CY2023Q4 peak Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
100725000 usd
CY2024Q1 peak Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
238760000 usd
CY2023Q4 peak Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
127380000 usd
CY2024Q1 peak Acquired Finite Lived Intangible Liabilities Weighted Average Useful Life
AcquiredFiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife
P9Y
CY2023 peak Acquired Finite Lived Intangible Liabilities Weighted Average Useful Life
AcquiredFiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife
P7Y
CY2024Q1 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
891000000 usd
CY2024Q1 peak Finite Lived Intangible Liabilities Lease
FiniteLivedIntangibleLiabilitiesLease
852000000 usd
CY2024Q1 peak Above Market Lease Intangibles
AboveMarketLeaseIntangibles
39000000 usd
CY2024Q1 peak Finite Lived Intangible Liabilities Acquired
FiniteLivedIntangibleLiabilitiesAcquired
150000000 usd
CY2024Q1 peak Intangible Assets Weighted Average Amortization Useful Life
IntangibleAssetsWeightedAverageAmortizationUsefulLife
P6Y
CY2024Q1 peak Intangible Liabilities Weighted Average Amortization Useful Life
IntangibleLiabilitiesWeightedAverageAmortizationUsefulLife
P9Y
CY2023 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
500000 usd
CY2024Q1 us-gaap Goodwill
Goodwill
47000000 usd
CY2024Q1 us-gaap Goodwill
Goodwill
65163000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
18027000 usd
CY2024Q1 peak Debt Costs Capitalized
DebtCostsCapitalized
1000000 usd
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
29626000 usd
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
803684000 usd
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1177999000 usd
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1350842000 usd
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1252815000 usd
CY2024Q1 peak Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
4300000000 usd
CY2024Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
8914966000 usd
CY2024Q1 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
159171000 usd
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
8755795000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.30
CY2024Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.30
CY2022Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000 usd
CY2024Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
5800000 shares
CY2024Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
17.11
CY2024Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
100000000 usd
CY2023 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
0 usd
CY2024Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
344000000 usd
CY2022 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
56000000 usd
CY2024Q1 us-gaap Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
40353000 usd
CY2023Q4 us-gaap Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
21245000 usd
CY2024Q1 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
1810000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
1874000 usd
CY2024Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
38543000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
19371000 usd
CY2024Q1 peak Number Of Plan Participants
NumberOfPlanParticipants
1 plan_participant
CY2024Q1 peak Number Of Redeemable Noncontrolling Interest
NumberOfRedeemableNoncontrollingInterest
1 interest
CY2024Q1 peak Number Of Redeemable Noncontrolling Interest
NumberOfRedeemableNoncontrollingInterest
5 interest
CY2024Q1 peak Number Of Redeemable Noncontrolling Interest With Redemption Conditions
NumberOfRedeemableNoncontrollingInterestWithRedemptionConditions
4 interest
CY2024Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
11177000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
134507000 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
4501000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
15555000 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
6676000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
118952000 usd
CY2024Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
199000 usd
CY2023Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1254000 usd
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6477000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
117698000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
600898000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
546842000 shares
CY2024Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
181000 shares
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
268000 shares
CY2024Q1 peak Incremental Common Shares Attributable To Dilutive Effect Of Op Units
IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits
109000 shares
CY2023Q1 peak Incremental Common Shares Attributable To Dilutive Effect Of Op Units
IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits
0 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
601188000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
547110000 shares
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.22
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2024Q1 peak Incremental Common Shares Attributable To Dilutive Effect Of Equity Awards
IncrementalCommonSharesAttributableToDilutiveEffectOfEquityAwards
1000000 shares
CY2023Q1 peak Incremental Common Shares Attributable To Dilutive Effect Of Equity Awards
IncrementalCommonSharesAttributableToDilutiveEffectOfEquityAwards
1000000 shares
CY2024Q1 peak Incremental Common Shares Attributable To Dilutive Effect Of Op Units Outstanding
IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnitsOutstanding
3000000 shares
CY2024Q1 peak Number Of Facilities Owned By Unconsolidated Joint Venture
NumberOfFacilitiesOwnedByUnconsolidatedJointVenture
19 property
CY2024Q1 us-gaap Revenues
Revenues
606560000 usd
CY2024Q1 peak Interest Income Excluded From Adjusted Net Operating Income From Continuing Operations
InterestIncomeExcludedFromAdjustedNetOperatingIncomeFromContinuingOperations
5751000 usd
CY2024Q1 peak Real Estate Revenues From Joint Venture Attributable To Parent
RealEstateRevenuesFromJointVentureAttributableToParent
29133000 usd
CY2024Q1 peak Real Estate Revenues From Joint Venture Attributable To Noncontrolling Interest
RealEstateRevenuesFromJointVentureAttributableToNoncontrollingInterest
9039000 usd
CY2024Q1 us-gaap Operating Expenses
OperatingExpenses
243729000 usd
CY2024Q1 peak Operating Expenses From Joint Venture Attributable To Parent Net
OperatingExpensesFromJointVentureAttributableToParentNet
18506000 usd
CY2024Q1 peak Operating Expenses From Joint Venture Attributable To Noncontrolling Interest
OperatingExpensesFromJointVentureAttributableToNoncontrollingInterest
2473000 usd
CY2024Q1 peak Non Cash Adjustments To Net Operating Income From Continuing Operations
NonCashAdjustmentsToNetOperatingIncomeFromContinuingOperations
-27609000 usd
CY2024Q1 peak Adjusted Net Operating Income From Continuing Operations
AdjustedNetOperatingIncomeFromContinuingOperations
333532000 usd
CY2024Q1 peak Reconciliation Of Operating Profit Loss From Segments To Consolidated Non Cash Adjustments
ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedNonCashAdjustments
27609000 usd
CY2024Q1 us-gaap Interest Income Operating
InterestIncomeOperating
5751000 usd
CY2024Q1 us-gaap Interest Expense
InterestExpense
60907000 usd
CY2024Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
219219000 usd
CY2024Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
23299000 usd
CY2024Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
107220000 usd
CY2024Q1 peak Impairments And Allowance For Credit Loss Reserves
ImpairmentsAndAllowanceForCreditLossReserves
11458000 usd
CY2024Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
3255000 usd
CY2024Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
78516000 usd
CY2024Q1 peak Net Income Loss Joint Venture Partners Attributable To Parent
NetIncomeLossJointVenturePartnersAttributableToParent
-10627000 usd
CY2024Q1 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-6566000 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
22499000 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13698000 usd
CY2024Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2376000 usd
CY2024Q1 us-gaap Profit Loss
ProfitLoss
11177000 usd
CY2023Q1 us-gaap Revenues
Revenues
525678000 usd
CY2023Q1 peak Government Grant Income From Cares Act
GovernmentGrantIncomeFromCARESAct
137000 usd
CY2023Q1 peak Interest Income Excluded From Adjusted Net Operating Income From Continuing Operations
InterestIncomeExcludedFromAdjustedNetOperatingIncomeFromContinuingOperations
6163000 usd
CY2023Q1 peak Real Estate Revenues From Joint Venture Attributable To Parent
RealEstateRevenuesFromJointVentureAttributableToParent
23256000 usd
CY2023Q1 peak Real Estate Revenues From Joint Venture Government Grant Income
RealEstateRevenuesFromJointVentureGovernmentGrantIncome
228000 usd
CY2023Q1 peak Real Estate Revenues From Joint Venture Attributable To Noncontrolling Interest
RealEstateRevenuesFromJointVentureAttributableToNoncontrollingInterest
9106000 usd
CY2023Q1 us-gaap Operating Expenses
OperatingExpenses
223088000 usd
CY2023Q1 peak Operating Expenses From Joint Venture Attributable To Parent Net
OperatingExpensesFromJointVentureAttributableToParentNet
16493000 usd
CY2023Q1 peak Operating Expenses From Joint Venture Attributable To Noncontrolling Interest
OperatingExpensesFromJointVentureAttributableToNoncontrollingInterest
2635000 usd
CY2023Q1 peak Non Cash Adjustments To Net Operating Income From Continuing Operations
NonCashAdjustmentsToNetOperatingIncomeFromContinuingOperations
-4624000 usd
CY2023Q1 peak Adjusted Net Operating Income From Continuing Operations
AdjustedNetOperatingIncomeFromContinuingOperations
292460000 usd
CY2023Q1 peak Reconciliation Of Operating Profit Loss From Segments To Consolidated Non Cash Adjustments
ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedNonCashAdjustments
4624000 usd
CY2023Q1 us-gaap Interest Income Operating
InterestIncomeOperating
6163000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
47963000 usd
CY2023Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
179225000 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24547000 usd
CY2023Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
2425000 usd
CY2023Q1 peak Impairments And Allowance For Credit Loss Reserves
ImpairmentsAndAllowanceForCreditLossReserves
-2213000 usd
CY2023Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
81578000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
772000 usd
CY2023Q1 peak Interest Income Excluded From Adjusted Government Grant Income From Continuing Operations
InterestIncomeExcludedFromAdjustedGovernmentGrantIncomeFromContinuingOperations
-137000 usd
CY2023Q1 peak Net Income Loss Joint Venture Partners Attributable To Parent
NetIncomeLossJointVenturePartnersAttributableToParent
-6991000 usd
CY2023Q1 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
-6471000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
132993000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
302000 usd
CY2023Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1816000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
134507000 usd
CY2024Q1 us-gaap Interest Paid Net
InterestPaidNet
73789000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
65367000 usd
CY2024Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
871000 usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
160000 usd
CY2024Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
15232000 usd
CY2023Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
14093000 usd
CY2024Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4339000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
80000 usd
CY2024Q1 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
108797000 usd
CY2023Q1 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
161774000 usd
CY2024Q1 peak Noncash Or Part Noncash Retained Investments In Connection With Joint Ventures
NoncashOrPartNoncashRetainedInvestmentsInConnectionWithJointVentures
69255000 usd
CY2023Q1 peak Noncash Or Part Noncash Retained Investments In Connection With Joint Ventures
NoncashOrPartNoncashRetainedInvestmentsInConnectionWithJointVentures
0 usd
CY2024Q1 peak Non Cash Assets And Liabilities Assumed In Connection With The Mergers
NonCashAssetsAndLiabilitiesAssumedInConnectionWithTheMergers
2927611000 usd
CY2023Q1 peak Non Cash Assets And Liabilities Assumed In Connection With The Mergers
NonCashAssetsAndLiabilitiesAssumedInConnectionWithTheMergers
0 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
117635000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
72032000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
51388000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
54802000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
169023000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
126834000 usd
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
101763000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
59235000 usd
CY2024Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
55395000 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
57990000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
157158000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
117225000 usd
CY2024Q1 us-gaap Asset At Fair Value Changes In Fair Value Resulting From Changes In Assumptions
AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions
64000000 usd
CY2024Q1 us-gaap Number Of Interest Rate Derivatives Held
NumberOfInterestRateDerivativesHeld
1 derivative_held
CY2024Q1 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
180000000 usd
CY2024Q1 peak Refundable Entrance Fees Current And Noncurrent
RefundableEntranceFeesCurrentAndNoncurrent
248158000 usd
CY2023Q4 peak Refundable Entrance Fees Current And Noncurrent
RefundableEntranceFeesCurrentAndNoncurrent
251874000 usd
CY2024Q1 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
108797000 usd
CY2023Q4 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
105572000 usd
CY2024Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
56411000 usd
CY2023Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
59492000 usd
CY2024Q1 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
303825000 usd
CY2023Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
240258000 usd
CY2024Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
717191000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
657196000 usd
CY2024Q1 us-gaap Severance Costs1
SeveranceCosts1
7000000 usd
CY2023 us-gaap Severance Costs1
SeveranceCosts1
8000000 usd
CY2024Q1 peak Nonrefundable Entrance Fees
NonrefundableEntranceFees
569412000 usd
CY2023Q4 peak Nonrefundable Entrance Fees
NonrefundableEntranceFees
562026000 usd
CY2024Q1 peak Other Deferred Revenue
OtherDeferredRevenue
354264000 usd
CY2023Q4 peak Other Deferred Revenue
OtherDeferredRevenue
343607000 usd
CY2024Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
923676000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
905633000 usd
CY2024Q1 peak Proceeds From Collection Of Nonrefundable Entrance Fees
ProceedsFromCollectionOfNonrefundableEntranceFees
29000000 usd
CY2023Q1 peak Proceeds From Collection Of Nonrefundable Entrance Fees
ProceedsFromCollectionOfNonrefundableEntranceFees
29000000 usd
CY2024Q1 peak Amortization Of Nonrefundable Entrance Fee
AmortizationOfNonrefundableEntranceFee
22000000 usd
CY2023Q1 peak Amortization Of Nonrefundable Entrance Fee
AmortizationOfNonrefundableEntranceFee
20000000 usd
CY2024Q1 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
15000000 usd
CY2023Q1 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
13000000 usd
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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