2021 Q4 Form 10-K Financial Statement

#000088849122000007 Filed on February 17, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2021
Revenue $249.9M $281.7M $1.063B
YoY Change -5.25% 136.35% 19.1%
Cost Of Revenue $3.258M $3.272M $12.26M
YoY Change 12.34% 55.81% -0.33%
Gross Profit $246.7M $278.4M $1.051B
YoY Change -5.45% 137.75% 19.37%
Gross Profit Margin 98.7% 98.84% 98.85%
Selling, General & Admin $67.61M $40.88M $142.4M
YoY Change 244.97% -12.83% 45.41%
% of Gross Profit 27.41% 14.68% 13.55%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $85.27M $86.10M $342.0M
YoY Change 3.23% 6.2% 3.66%
% of Gross Profit 34.57% 30.93% 32.56%
Operating Expenses $152.9M $194.2M $777.0M
YoY Change 49.59% -8.48% 5.72%
Operating Profit $93.81M $84.23M $273.6M
YoY Change -40.89% -313.36% 88.46%
Interest Expense -$58.23M -$58.98M -$234.6M
YoY Change -12.18% 6.85% 4.59%
% of Operating Profit -62.07% -70.02% -85.76%
Other Income/Expense, Net -$585.0K $54.76M $130.3M
YoY Change -107.05% -3306.09% 2561.73%
Pretax Income $33.71M $142.3M $416.1M
YoY Change -47.24% -250.23% 156.32%
Income Tax $967.0K $1.000M $3.840M
% Of Pretax Income 2.87% 0.7% 0.92%
Net Earnings $33.29M $142.8M $428.3M
YoY Change -45.78% -252.33% 161.89%
Net Earnings / Revenue 13.32% 50.71% 40.3%
Basic Earnings Per Share $0.58 $1.76
Diluted Earnings Per Share $134.8K $0.58 $1.75
COMMON SHARES
Basic Shares Outstanding 239.0M 239.3M 236.9M
Diluted Shares Outstanding 246.6M 244.3M

Balance Sheet

Concept 2021 Q4 2021 Q3 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $20.53M $102.7M $20.53M
YoY Change -87.48% 185.18% -87.44%
Cash & Equivalents $20.53M $102.7M $20.53M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $11.26M $16.66M $11.26M
Other Receivables $251.8M $237.0M $251.8M
Total Short-Term Assets $283.6M $356.3M $283.6M
YoY Change -30.66% 30.51% -30.59%
LONG-TERM ASSETS
Property, Plant & Equipment $6.789B $7.094B $6.789B
YoY Change 1.25% 4.24% 1.25%
Goodwill $651.4M $651.4M
YoY Change -0.05% 1.13%
Intangibles
YoY Change
Long-Term Investments $194.7M $193.7M $675.4M
YoY Change -2.97% -1.28% -0.49%
Other Assets $265.0M $24.87M $265.0M
YoY Change 211.8% -37.83% 209.97%
Total Long-Term Assets $9.355B $9.424B $9.355B
YoY Change 2.93% 3.27% 2.93%
TOTAL ASSETS
Total Short-Term Assets $283.6M $356.3M $283.6M
Total Long-Term Assets $9.355B $9.424B $9.355B
Total Assets $9.638B $9.780B $9.638B
YoY Change 1.48% 4.06% 1.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $240.3M $231.3M $240.3M
YoY Change -0.71% -0.32% -0.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $240.3M $231.3M $240.3M
YoY Change -0.71% -0.32% -0.83%
LONG-TERM LIABILITIES
Long-Term Debt $5.254B $5.273B $5.254B
YoY Change 1.64% 1.93% 1.63%
Other Long-Term Liabilities $28.23M $29.37M $28.23M
YoY Change -27.61% -36.15% -26.67%
Total Long-Term Liabilities $5.282B $5.302B $5.282B
YoY Change 1.42% 1.6% 1.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $240.3M $231.3M $240.3M
Total Long-Term Liabilities $5.282B $5.302B $5.282B
Total Liabilities $5.530B $5.542B $5.732B
YoY Change 1.27% 1.51% 1.34%
SHAREHOLDERS EQUITY
Retained Earnings $3.011B $2.978B
YoY Change 16.06% 17.56%
Common Stock $23.91M $23.89M
YoY Change 3.4% -99.6%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.907B $4.036B $3.907B
YoY Change
Total Liabilities & Shareholders Equity $9.638B $9.780B $9.638B
YoY Change 1.48% 4.06% 1.49%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2021
OPERATING ACTIVITIES
Net Income $33.29M $142.8M $428.3M
YoY Change -45.78% -252.33% 161.89%
Depreciation, Depletion And Amortization $85.27M $86.10M $342.0M
YoY Change 3.23% 6.2% 3.66%
Cash From Operating Activities $156.5M $187.3M $722.1M
YoY Change -20.7% 3.18% 1.96%
INVESTING ACTIVITIES
Capital Expenditures -$3.107M -$83.59M -$710.9M
YoY Change -96.61% 406.63% 293.22%
Acquisitions
YoY Change
Other Investing Activities -$68.91M $18.59M $186.8M
YoY Change -217.8% -67.57% 103.67%
Cash From Investing Activities -$72.02M -$65.01M -$524.2M
YoY Change 117.59% -259.73% 488.58%
FINANCING ACTIVITIES
Cash Dividend Paid $637.6M
YoY Change 4.14%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -166.1M -120.7M -341.1M
YoY Change 337.21% -45.97% -29.75%
NET CHANGE
Cash From Operating Activities 156.5M 187.3M 722.1M
Cash From Investing Activities -72.02M -65.01M -524.2M
Cash From Financing Activities -166.1M -120.7M -341.1M
Net Change In Cash -81.63M 1.578M -143.1M
YoY Change -164.63% -231.5% -206.68%
FREE CASH FLOW
Cash From Operating Activities $156.5M $187.3M $722.1M
Capital Expenditures -$3.107M -$83.59M -$710.9M
Free Cash Flow $159.6M $270.9M $1.433B
YoY Change -44.76% 36.81% 61.19%

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CY2019 ohi Increase Decrease In Effective Yield Receivable On Mortgage Notes
IncreaseDecreaseInEffectiveYieldReceivableOnMortgageNotes
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InterestPaidInKind
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InterestPaidInKind
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IncreaseDecreaseInLeaseInducement
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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;"><b style="font-style:normal;font-weight:bold;">Accounting Estimates</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The preparation of financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p>
CY2021 ohi Lessor Specific Annual Percentage Increase Over Prior Years Rent Minimum
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CY2021 ohi Lessor Specific Annual Percentage Increase Over Prior Years Rent Maximum
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CY2021 us-gaap Property Plant And Equipment Depreciation Methods
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CY2021 us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;"><b style="font-style:normal;font-weight:bold;">Allowance for Credit Losses</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The allowance for credit losses reflects our current estimate of the potential credit losses on our mortgage notes, other investment loans, and our investment in direct financing leases and is recorded as a valuation account as a direct offset against these financial instruments on our Consolidated Balance Sheets. Expected credit losses inherent in non-cancelable unfunded loan commitments are accounted for as separate liabilities included in accrued expenses and other liabilities on the Consolidated Balance Sheets. The Company has elected to not measure an allowance for credit losses on accrued interest receivables related to all of its mortgage notes and other investment loans because we write off uncollectible accrued interest receivable in a timely manner pursuant to our non-accrual policy, described below. Changes to the allowance for credit losses on loans resulting from quarterly evaluations are recorded through provision for credit losses on the Consolidated Statements of Operations. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">We assess the creditworthiness of our borrowers on a quarterly basis. For purposes of determining our allowance for credit loss, we pool financial assets that have similar risk characteristics. We aggregate our financial assets by financial instrument type (i.e. mortgage, other investment, etc.) and by internal risk rating. Our internal credit ratings consider several factors including the collateral and/or security, the performance of borrowers underlying facilities, if applicable, available credit support (e.g., guarantees), borrowings with third parties, and other ancillary business ventures and real estate operations of the borrower. Our internal ratings range between 1 and 7. An internal rating of 1 reflects the lowest likelihood of loss and a 7 reflects the highest likelihood of loss. The characteristics associated with each risk rating is as follows: </p><div style="margin-top:12pt;"/><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:54pt;"/><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">Risk Rating 1 through 3 – Instruments with minimal to marginally acceptable risk.</span></td></tr></table><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:54pt;"/><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">Risk Rating 4 - Instruments with potential weaknesses identified (Special mention). </span></td></tr></table><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:54pt;"/><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">Risk Rating 5 - Instruments with well-defined weaknesses that may result in possible losses (Substandard).</span></td></tr></table><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:12pt;margin-top:12pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:54pt;"/><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">Risk Rating 6 – Instruments that are unlikely to be repaid in full and will probably result in losses (Doubtful).</span></td></tr></table><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:12pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:54pt;"/><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">Risk Rating 7 – Instrument that will not be repaid in full and losses will occur (Loss).</span></td></tr></table><div style="margin-top:12pt;"/><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:0pt;margin:12pt 0pt 12pt 0pt;"><span style="display:inline-block;text-align:left;width:18pt;"/><span style="display:inline-block;width:18pt;"/>We have a limited history of incurred losses and consequently have elected to employ external data to perform our expected credit loss calculation. We utilize a probability of default (“PD”) and loss given default (“LGD”) methodology. Our model’s historic inputs consider PD and LGD data for residential care facilities published by the Federal Housing Administration along with Standards &amp; Poor’s one-year global corporate default rates. Our historical loss rates revert to historical averages after 36 periods. Our model’s current conditions and supportable forecasts consider internal credit ratings, current and projected U.S. unemployment rates published by the U.S. Bureau of Labor Statistics and the Federal Reserve Bank of St. Louis and the weighted average life to maturity of the underlying financial asset. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Periodically, the Company may identify an individual loan for impairment. A loan is considered impaired when, based on current information and events, it is probable that we will be unable to collect all amounts due as scheduled according to the contractual terms of the loan agreements. Our assessment of collectibility considers several factors, including, among other things, payment history, the financial strength of the borrower and any guarantors, historical operations and operating trends, current and future economic conditions, expectations of performance (which includes known substantial doubt about an operator’s ability to continue as a going concern) and the value of the underlying collateral of the agreement, if any. Consistent with this definition, all loans on non-accrual status may be deemed impaired. To the extent circumstances improve and the risk of collectibility is diminished, we will return these loans to full accrual status. When we identify a loan impairment, the loan is written down to the present value of the expected future cash flows. In cases where expected future cash flows are not readily determinable, the loan is written down to the fair value of the underlying collateral. We may base our valuation on a loan’s observable market price, if any, or the fair value of collateral, net of sales costs, if the repayment of the loan is expected to be provided solely by the sale of the collateral. Financial instruments are charged off against the allowance for credit losses when collectibility is determined to be permanently impaired.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">We account for impaired loans using (a) the cost-recovery method, and/or (b) the cash basis method. We generally utilize the cost-recovery method for impaired loans for which impairment reserves were recorded. Under the cost-recovery method, we apply cash received against the outstanding loan balance prior to recording interest income. Under the cash basis method, we apply cash received to principal or interest income based on the terms of the agreement. </p>
CY2019 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0
CY2020 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0
CY2021 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0
CY2021Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
12300000
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
10100000
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
9600000
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2021 ohi Number Of Omega Op Units Tendered For Redemption For Unregistered Shares Of Omega Common Stock
NumberOfOmegaOpUnitsTenderedForRedemptionForUnregisteredSharesOfOmegaCommonStock
1
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2021 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;"><b style="font-style:normal;font-weight:bold;">Reclassification</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Certain line items on our Consolidated Balance Sheets, Consolidated Statements of Changes in Equity and Consolidated Statements of Cash Flows and have been reclassified to conform to the current period presentation. </p>
CY2019Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
773563000
CY2020Q1 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
752177000
CY2019Q4 us-gaap Direct Financing Lease Net Investment In Lease After Allowance For Credit Loss
DirectFinancingLeaseNetInvestmentInLeaseAfterAllowanceForCreditLoss
11488000
CY2020Q1 us-gaap Direct Financing Lease Net Investment In Lease After Allowance For Credit Loss
DirectFinancingLeaseNetInvestmentInLeaseAfterAllowanceForCreditLoss
10877000
CY2019Q4 us-gaap Other Investments
OtherInvestments
419228000
CY2020Q1 us-gaap Other Investments
OtherInvestments
412540000
CY2019Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Asset
FairValueDisclosureOffbalanceSheetRisksAmountAsset
20777000
CY2020Q1 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Asset
FairValueDisclosureOffbalanceSheetRisksAmountAsset
20677000
CY2019Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
1225056000
CY2020Q1 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
1196271000
CY2021 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
604000000.0
CY2021 us-gaap Payments To Acquire Land
PaymentsToAcquireLand
10600000
CY2021 ohi Sec Schedule Iii Real Estate Noncash Consideration Exchanged
SecScheduleIiiRealEstateNoncashConsiderationExchanged
58600000
CY2021Q4 ohi Transaction Costs Incurred Related To Non Cash Acquisitions
TransactionCostsIncurredRelatedToNonCashAcquisitions
1200000
CY2020 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
104400000
CY2019 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
1344500000
CY2021Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
261151000
CY2020Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
81452000
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
11259000
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
10408000
CY2021Q4 us-gaap Interest Receivable
InterestReceivable
9590000
CY2020Q4 us-gaap Interest Receivable
InterestReceivable
12195000
CY2021Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
148455000
CY2020Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
139046000
CY2021Q4 ohi Inducements To Lease
InducementsToLease
93770000
CY2020Q4 ohi Inducements To Lease
InducementsToLease
83425000
CY2021Q4 us-gaap Other Receivables
OtherReceivables
251815000
CY2020Q4 us-gaap Other Receivables
OtherReceivables
234666000
CY2021 ohi Number Of Non Named Operators Placed On Cash Basis
NumberOfNonNamedOperatorsPlacedOnCashBasis
4
CY2021Q1 ohi Number Of Non Named Operators Placed On Cash Basis
NumberOfNonNamedOperatorsPlacedOnCashBasis
1
CY2021Q3 ohi Number Of Non Named Operators Placed On Cash Basis
NumberOfNonNamedOperatorsPlacedOnCashBasis
2
CY2021Q4 ohi Number Of Non Named Operators Placed On Cash Basis
NumberOfNonNamedOperatorsPlacedOnCashBasis
1
CY2020 ohi Number Of Non Named Operators Placed On Cash Basis
NumberOfNonNamedOperatorsPlacedOnCashBasis
3
ohi Number Of Non Named Operators Placed On Cash Basis
NumberOfNonNamedOperatorsPlacedOnCashBasis
3
CY2019 ohi Provision Of Contractual And Straight Line Rent Receivables
ProvisionOfContractualAndStraightLineRentReceivables
11100000
CY2019 ohi Number Of Non Named Operators Placed On Cash Basis
NumberOfNonNamedOperatorsPlacedOnCashBasis
5
CY2021 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
911701000
CY2020 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
741681000
CY2019 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
792010000
CY2021 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
11976000
CY2020 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
11746000
CY2019 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
12066000
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
923677000
CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
753427000
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
804076000
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
820565000
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
838780000
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
852632000
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
861586000
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
871072000
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
4192976000
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
8437611000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
16117000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
16526000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
17533000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
17180000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
17349000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
18033000
CY2021Q4 us-gaap Direct Financing Lease Lease Receivable
DirectFinancingLeaseLeaseReceivable
24863000
CY2020Q4 us-gaap Direct Financing Lease Lease Receivable
DirectFinancingLeaseLeaseReceivable
25947000
CY2021Q4 us-gaap Direct Financing Lease Deferred Selling Profit
DirectFinancingLeaseDeferredSellingProfit
13460000
CY2020Q4 us-gaap Direct Financing Lease Deferred Selling Profit
DirectFinancingLeaseDeferredSellingProfit
14489000
CY2021Q4 us-gaap Direct Financing Lease Net Investment In Lease
DirectFinancingLeaseNetInvestmentInLease
11403000
CY2020Q4 us-gaap Direct Financing Lease Net Investment In Lease
DirectFinancingLeaseNetInvestmentInLease
11458000
CY2021Q4 us-gaap Direct Financing Lease Net Investment In Lease Allowance For Credit Loss
DirectFinancingLeaseNetInvestmentInLeaseAllowanceForCreditLoss
530000
CY2020Q4 us-gaap Direct Financing Lease Net Investment In Lease Allowance For Credit Loss
DirectFinancingLeaseNetInvestmentInLeaseAllowanceForCreditLoss
694000
CY2021Q4 us-gaap Direct Financing Lease Net Investment In Lease After Allowance For Credit Loss
DirectFinancingLeaseNetInvestmentInLeaseAfterAllowanceForCreditLoss
10873000
CY2020Q4 us-gaap Direct Financing Lease Net Investment In Lease After Allowance For Credit Loss
DirectFinancingLeaseNetInvestmentInLeaseAfterAllowanceForCreditLoss
10764000
CY2021Q4 ohi Number Of Direct Financing Leases
NumberOfDirectFinancingLeases
1
CY2020Q4 ohi Number Of Direct Financing Leases
NumberOfDirectFinancingLeases
1
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
67841000
CY2021 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
76720000
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
95000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
144466000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
28785000
CY2020 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
34151000
CY2020 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
217000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
67841000
CY2021Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
111912000
CY2021Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
110674000
CY2021Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
34467000
CY2021Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
196263000
CY2021Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
46377000
CY2021Q4 ohi Financing Receivable Originated Five Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveYearsBeforeLatestFiscalYear
112188000
CY2021Q4 ohi Financing Receivable Originated Six Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedSixOrMoreYearsBeforeLatestFiscalYear
587617000
CY2021Q4 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
259870000
CY2021Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
1459368000
CY2021Q4 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
11100000
CY2020Q4 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
10000000.0
CY2021 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
11900000
CY2021 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
800000
CY2020 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
1200000
CY2019 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
900000
CY2020Q4 us-gaap Goodwill
Goodwill
651737000
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-320000
CY2021Q4 us-gaap Goodwill
Goodwill
651417000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5929000
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
22822000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4313000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
20882000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1616000
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1940000
CY2021Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
66324000
CY2020Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
139515000
CY2021Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
38091000
CY2020Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
100996000
CY2021Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
28233000
CY2020Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
38519000
CY2021 ohi Net Amortization Of Intangible Assets
NetAmortizationOfIntangibleAssets
9500000
CY2020 ohi Net Amortization Of Intangible Assets
NetAmortizationOfIntangibleAssets
14200000
CY2019 ohi Net Amortization Of Intangible Assets
NetAmortizationOfIntangibleAssets
5900000
CY2021Q4 ohi Finite Lived Intangible Assets Net Amortization Income Next Twelve Months
FiniteLivedIntangibleAssetsNetAmortizationIncomeNextTwelveMonths
4100000
CY2021Q4 ohi Finite Lived Intangible Assets Net Amortization Income Year Two
FiniteLivedIntangibleAssetsNetAmortizationIncomeYearTwo
4000000.0
CY2021Q4 ohi Finite Lived Intangible Assets Net Amortization Income Year Three
FiniteLivedIntangibleAssetsNetAmortizationIncomeYearThree
3900000
CY2021Q4 ohi Finite Lived Intangible Assets Net Amortization Income Year Four
FiniteLivedIntangibleAssetsNetAmortizationIncomeYearFour
3700000
CY2021Q4 ohi Finite Lived Intangible Assets Net Amortization Income Year Five
FiniteLivedIntangibleAssetsNetAmortizationIncomeYearFive
2900000
CY2021Q4 ohi Finite Lived Intangible Assets Net Amortization Income After Year Five
FiniteLivedIntangibleAssetsNetAmortizationIncomeAfterYearFive
8100000
CY2021 ohi Below Market Lease Weighted Average Remaining Amortization Period
BelowMarketLeaseWeightedAverageRemainingAmortizationPeriod
P8Y
CY2021Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
960
CY2021Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
42
CY2021Q4 ohi Number Of Operators
NumberOfOperators
63
CY2021Q4 ohi Gross Investment In Facilities Net Of Impairments And Reserve For Uncollectible Loans
GrossInvestmentInFacilitiesNetOfImpairmentsAndReserveForUncollectibleLoans
10100000000
CY2021Q4 us-gaap Other Investments
OtherInvestments
469900000
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
194700000
CY2021Q4 ohi Number Of Operators That Met Or Exceeded Ten Percent Of Investments
NumberOfOperatorsThatMetOrExceededTenPercentOfInvestments
2
CY2020Q4 ohi Number Of Operators That Met Or Exceeded Ten Percent Of Investments
NumberOfOperatorsThatMetOrExceededTenPercentOfInvestments
1
CY2021Q4 us-gaap Secured Debt
SecuredDebt
362081000
CY2020Q4 us-gaap Secured Debt
SecuredDebt
369524000
CY2020Q4 us-gaap Line Of Credit
LineOfCredit
101158000
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
5253536000
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
5169252000
CY2020 us-gaap Debt Instrument Covenant Compliance
DebtInstrumentCovenantCompliance
As of December 31, 2021 and 2020, we were in compliance with all affirmative and negative covenants, including financial covenants, for our secured and unsecured borrowings
CY2021 us-gaap Debt Instrument Covenant Compliance
DebtInstrumentCovenantCompliance
As of December 31, 2021 and 2020, we were in compliance with all affirmative and negative covenants, including financial covenants, for our secured and unsecured borrowings
CY2021 us-gaap Debt Instrument Covenant Description
DebtInstrumentCovenantDescription
Parent and Omega OP, on a combined basis, have no material assets, liabilities or operations other than financing activities (including borrowings under the senior unsecured revolving and term loan credit facility, OP term loan and the outstanding senior notes) and their investments in non-guarantor subsidiaries. Substantially all of our assets are held by non-guarantor subsidiaries.
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
9945000
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
357904000
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
408144000
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
458393000
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
608648000
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
3469047000
CY2021Q4 ohi Long Term Debt Maturing In Years One Through Five And Thereafter
LongTermDebtMaturingInYearsOneThroughFiveAndThereafter
5312081000
CY2021 ohi Percentage Of Income Taxable
PercentageOfIncomeTaxable
1
CY2021Q4 ohi Number Of Taxable Reit Subsidiaries Subject To Income Taxes At Corporate Rate With Net Operating Loss Carry Forwards
NumberOfTaxableReitSubsidiariesSubjectToIncomeTaxesAtCorporateRateWithNetOperatingLossCarryForwards
1
CY2021 us-gaap Operating Loss Carryforwards Limitations On Use
OperatingLossCarryforwardsLimitationsOnUse
Under current law, NOL carry-forwards generated up through December 31, 2017 may be carried forward for no more than 20 years, and NOL carry-forwards generated in taxable years ended after December 31, 2017, may be carried forward indefinitely.
CY2021 ohi Current And Deferred Federal State And Local Income Tax Expense Benefit
CurrentAndDeferredFederalStateAndLocalIncomeTaxExpenseBenefit
1400000
CY2020 ohi Current And Deferred Federal State And Local Income Tax Expense Benefit
CurrentAndDeferredFederalStateAndLocalIncomeTaxExpenseBenefit
1300000
CY2019 ohi Current And Deferred Federal State And Local Income Tax Expense Benefit
CurrentAndDeferredFederalStateAndLocalIncomeTaxExpenseBenefit
800000
CY2021 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
2400000
CY2020 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
3600000
CY2019 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
2000000.0
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3800000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
4900000
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2800000
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
2221000
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1194000
CY2021Q4 ohi Deferred Tax Liabilities Foreign Basis And Timing Differences
DeferredTaxLiabilitiesForeignBasisAndTimingDifferences
8200000
CY2020Q4 ohi Deferred Tax Liabilities Foreign Basis And Timing Differences
DeferredTaxLiabilitiesForeignBasisAndTimingDifferences
10766000
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2221000
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1194000
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
8200000
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
10766000
CY2020Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
200000000
CY2020Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
200000000
CY2020 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0
CY2021 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0
CY2021 ohi Schedule Of Equity Distributions
ScheduleOfEquityDistributions
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;min-height:0.0pt;margin:0pt;"><span style="font-size:0pt;visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;width:100%;"><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:19.71%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:15.87%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:2.96%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:16.05%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:3.32%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:13.25%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:3.32%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:11.51%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:3.32%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:10.63%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td></tr><tr><td style="vertical-align:bottom;white-space:nowrap;width:19.71%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.87%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:11pt;visibility:hidden;">​</span></p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:19.01%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;">Average Net Price </b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.32%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:11pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:13.25%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:11pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.32%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:11pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:11.51%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:11pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.32%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:11pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:10.63%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="font-size:11pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;white-space:nowrap;width:19.71%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;">Year Ended</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.87%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;">Shares issued </b></p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:19.01%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;">Per Share</b><sup style="font-size:6pt;font-weight:bold;line-height:100%;top:0pt;vertical-align:top;">(1)</sup></p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:16.58%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;">Gross Proceeds</b></p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:14.84%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;">Commissions</b></p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:13.96%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;"><b style="font-weight:bold;">Net Proceeds</b></p></td></tr><tr><td style="vertical-align:bottom;white-space:nowrap;width:19.71%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">December 31, 2019</p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.87%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 3.1</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.96%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:16.05%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 34.79</p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.32%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:13.25%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 112.2</p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.32%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:11.51%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 3.2</p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.32%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 0pt 0.05pt 0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:10.63%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 109.0</p></td></tr><tr><td style="vertical-align:bottom;white-space:nowrap;width:19.71%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">December 31, 2020</p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.87%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 4.2</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.96%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:16.05%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 36.16</p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.32%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:13.25%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 155.1</p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.32%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:11.51%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 2.5</p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.32%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:10.63%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 152.6</p></td></tr><tr><td style="vertical-align:bottom;white-space:nowrap;width:19.71%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 0.05pt 0pt;">December 31, 2021</p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.87%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 4.2</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.96%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:16.05%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 36.53</p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.32%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:13.25%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 155.1</p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.32%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:11.51%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 3.4</p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.32%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0.05pt 0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:10.63%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0.05pt 0pt;"> 151.7</p></td></tr></table>
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6288000
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6974000
CY2020Q4 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2021-02-08
CY2020Q4 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2021-02-16
CY2020Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.67
CY2021Q1 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2021-05-03
CY2021Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2021-05-17
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.67
CY2021Q2 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2021-08-02
CY2021Q2 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2021-08-13
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.67
CY2021Q3 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2021-11-05
CY2021Q3 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2021-11-15
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.67
CY2021Q4 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2022-02-07
CY2021Q4 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2022-02-15
CY2021Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.67
CY2021 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.680
CY2020 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.680
CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.650
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21400000
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18800000
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14900000
CY2021 ohi Percentage Of Operating Partnership Units Distributions
PercentageOfOperatingPartnershipUnitsDistributions
0.10
CY2021 ohi Percentage Of Operating Partnership Units Distributions
PercentageOfOperatingPartnershipUnitsDistributions
0.10
CY2020 us-gaap Interest Paid Net
InterestPaidNet
216206000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
205943000
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5097000
CY2021 ohi Noncash Acquisition Of Business
NoncashAcquisitionOfBusiness
0
CY2020 ohi Noncash Acquisition Of Business
NoncashAcquisitionOfBusiness
-1826000
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
17820000
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
27000000.00
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
30800000
CY2021 us-gaap Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
630623
CY2020 us-gaap Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
537236
CY2021 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
4600000
CY2020 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
4700000
CY2019 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
4800000
CY2021Q4 us-gaap Other Commitment
OtherCommitment
763698000
CY2021Q4 ohi Amounts Funded Under Commitment
AmountsFundedUnderCommitment
518960000
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CY2020 ohi Sec Schedule Iii Real Estate Noncash Consideration Exchanged
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19100000
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RealEstateAccumulatedDepreciation
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CY2021Q4 ohi Accumulated Allowance For Mortgage Loans On Real Estate For Credit Loss
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CY2021Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
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CY2021Q4 srt Mortgage Loans On Real Estate Federal Income Tax Basis1
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CY2018Q4 us-gaap Mortgage Loans On Real Estate
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CY2019Q4 us-gaap Mortgage Loans On Real Estate
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CY2020 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
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CY2021 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
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CY2019 srt Mortgage Loans On Real Estate Collections Of Principal
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CY2020 srt Mortgage Loans On Real Estate Collections Of Principal
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CY2021 srt Mortgage Loans On Real Estate Collections Of Principal
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CY2020 ohi Mortgage Loans On Real Estate Allowance For Credit Loss
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CY2021 ohi Mortgage Loans On Real Estate Allowance For Credit Loss
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CY2019 ohi Mortgage Loans On Real Estate Non Cash Interest Paid In Kind
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CY2020 ohi Mortgage Loans On Real Estate Non Cash Interest Paid In Kind
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CY2020 ohi Noncash Placement Of Mortgages
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CY2021 ohi Noncash Placement Of Mortgages
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CY2019 ohi Mortgage Loans On Real Estate Non Cash Deed In Lieu Of Foreclosure
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CY2021 ohi Noncash Principal Reduction Of Mortgages
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58600000
CY2021Q4 us-gaap Mortgage Loans On Real Estate Renewed And Extended Amount1
MortgageLoansOnRealEstateRenewedAndExtendedAmount1
38300000

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