American Healthcare REIT Inc

For the period ended Dec 31, 2023. Filed Mar 22, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 22, 2024

AHR$59.39+0.7%Stored close · as of Nov 10, 2026

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Contents

Real Estate and Accumulated Depreciation (Schedule III)

ACCUMULATED DEPRECIATION

Initial Cost to Company · Gross Amount of Which Carried at Close of Period(f)
Description(a) · Encumbrances · Land and Improvements · Buildings andImprovements · Cost CapitalizedSubsequent toAcquisition(b) · Land and Improvements · Buildings andImprovements · Total(e) · AccumulatedDepreciation(g)(h) · Date ofConstruction · Date Acquired
Wichita KS OM (Outpatient Medical)	Wichita, KS	$—	$943	$6,288	$812	$943	$7,100	$8,043	$(2,316)	1980/1996	09/04/14
Delta Valley ALF Portfolio (SHOP)	Batesville, MS	—	331	5,103	(335)	331	4,768	5,099	(1,295)	1999/2005	09/11/14
	Cleveland, MS	—	348	6,369	(921)	355	5,441	5,796	(1,460)	2004	09/11/14
	Springdale, AR	—	891	6,538	(705)	891	5,833	6,724	(1,502)	1998/2005	01/08/15
Lee’s Summit MO OM (Outpatient Medical)	Lee’s Summit, MO	—	1,045	5,068	1,530	1,045	6,598	7,643	(2,190)	2006	09/18/14
Carolina Commons OM (Outpatient Medical)	Indian Land, SC	—	1,028	9,430	4,931	1,028	14,361	15,389	(4,378)	2009	10/15/14
Mount Olympia OM Portfolio (Outpatient Medical)	Mount Dora, FL	—	393	5,633	—	393	5,633	6,026	(1,576)	2009	12/04/14
Southlake TX Hospital (Hospital)	Southlake, TX	91,601	5,089	108,517	—	5,089	108,517	113,606	(26,425)	2013	12/04/14
East Texas OM Portfolio (Outpatient Medical)	Longview, TX	—	—	19,942	9,079	—	29,021	29,021	(6,397)	2008	12/12/14
	Longview, TX	—	759	1,696	140	759	1,836	2,595	(912)	1998	12/12/14
	Longview, TX	—	—	8,027	1	—	8,028	8,028	(2,489)	2004	12/12/14
	Longview, TX	—	—	696	41	—	737	737	(335)	1956	12/12/14
	Longview, TX	—	—	27,601	5,494	—	33,095	33,095	(10,359)	1985/1993/ 2004	12/12/14
	Marshall, TX	—	368	1,711	110	368	1,821	2,189	(856)	1970	12/12/14
Premier OM (Outpatient Medical)	Novi, MI	—	644	10,420	2,031	644	12,451	13,095	(3,808)	2006	12/19/14
Independence OM Portfolio (Outpatient Medical)	Southgate, KY	—	411	11,005	2,530	411	13,535	13,946	(4,112)	1988	01/13/15
	Somerville, MA	28,474	1,509	46,775	6,500	1,509	53,275	54,784	(12,866)	1985	01/13/15
	Verona, NJ	—	1,683	9,405	2,409	1,683	11,814	13,497	(3,175)	1970	01/13/15

Initial Cost to Company · Gross Amount of Which Carried at Close of Period(f)
Description(a) · Encumbrances · Land and Improvements · Buildings andImprovements · Cost CapitalizedSubsequent toAcquisition(b) · Land and Improvements · Buildings andImprovements · Total(e) · AccumulatedDepreciation(g)(h) · Date ofConstruction · Date Acquired
	Bronx, NY	$—	$—	$19,593	$3,403	$—	$22,996	$22,996	$(6,098)	1987/1988	01/26/15
King of Prussia PA OM (Outpatient Medical)	King of Prussia, PA	—	3,427	13,849	6,305	3,427	20,154	23,581	(6,232)	1946/2000	01/21/15
North Carolina ALF Portfolio (SHOP)	Clemmons, NC	—	596	13,237	(412)	596	12,825	13,421	(3,296)	2014	06/29/15
	Garner, NC	—	1,723	11,517	196	1,723	11,713	13,436	(1,988)	2014	03/27/19
	Huntersville, NC	—	2,033	11,494	95	2,033	11,589	13,622	(2,573)	2015	01/18/17
	Matthews, NC	—	949	12,537	(5)	949	12,532	13,481	(2,248)	2017	08/30/18
	Mooresville, NC	—	835	15,894	(350)	835	15,544	16,379	(3,945)	2012	01/28/15
	Raleigh, NC	—	1,069	21,235	(429)	1,069	20,806	21,875	(5,036)	2013	01/28/15
	Wake Forest, NC	—	772	13,596	(432)	772	13,164	13,936	(3,144)	2014	06/29/15
Orange Star Medical Portfolio (Outpatient Medical and Hospital)	Durango, CO	—	623	14,166	483	623	14,649	15,272	(3,664)	2004	02/26/15
	Durango, CO	—	788	10,467	1,242	788	11,709	12,497	(3,059)	2004	02/26/15
	Friendswood, TX	—	500	7,664	1,114	500	8,778	9,278	(2,338)	2008	02/26/15
	Keller, TX	—	1,604	7,912	873	1,604	8,785	10,389	(2,453)	2011	02/26/15
	Wharton, TX	—	259	10,590	3,543	259	14,133	14,392	(2,978)	1987	02/26/15
Kingwood OM Portfolio (Outpatient Medical)	Kingwood, TX	—	820	8,589	526	820	9,115	9,935	(2,475)	2005	03/11/15
	Kingwood, TX	—	781	3,943	64	781	4,007	4,788	(1,137)	2008	03/11/15
Mt Juliet TN OM (Outpatient Medical)	Mount Juliet, TN	—	1,188	10,720	516	1,188	11,236	12,424	(2,893)	2012	03/17/15
Homewood AL OM (Outpatient Medical)	Homewood, AL	—	405	6,590	(665)	405	5,925	6,330	(1,961)	2010	03/27/15
Paoli PA Medical Plaza (Outpatient Medical)	Paoli, PA	—	2,313	12,447	8,809	2,313	21,256	23,569	(6,149)	1951	04/10/15
	Paoli, PA	—	1,668	7,357	2,193	1,668	9,550	11,218	(3,123)	1975	04/10/15

Initial Cost to Company · Gross Amount of Which Carried at Close of Period(f)
Description(a) · Encumbrances · Land and Improvements · Buildings andImprovements · Cost CapitalizedSubsequent toAcquisition(b) · Land and Improvements · Buildings andImprovements · Total(e) · AccumulatedDepreciation(g)(h) · Date ofConstruction · Date Acquired
Glen Burnie MD OM (Outpatient Medical)	Glen Burnie, MD	$—	$2,692	$14,095	$4,289	$2,692	$18,384	$21,076	$(5,666)	1981	05/06/15
Marietta GA OM (Outpatient Medical)	Marietta, GA	—	1,347	10,947	749	1,347	11,696	13,043	(2,992)	2002	05/07/15
Mountain Crest Senior Housing Portfolio (SHOP)	Elkhart, IN	—	793	6,009	682	793	6,691	7,484	(1,960)	1997	05/14/15
	Elkhart, IN	—	782	6,760	819	782	7,579	8,361	(2,346)	2000	05/14/15
	Hobart, IN	—	604	11,529	(799)	—	11,334	11,334	(3,180)	2008	05/14/15
	LaPorte, IN	—	392	14,894	(6,101)	—	9,185	9,185	(4,057)	2008	05/14/15
	Mishawaka, IN	—	3,670	14,416	1,382	3,670	15,798	19,468	(4,375)	1978	07/14/15
	Niles, MI	—	404	5,050	802	404	5,852	6,256	(1,775)	2000	06/11/15 and 11/20/15
Nebraska Senior Housing Portfolio (SHOP)	Bennington, NE	—	981	20,427	1,418	981	21,845	22,826	(5,422)	2009	05/29/15
	Omaha, NE	—	1,274	38,619	1,865	1,274	40,484	41,758	(9,569)	2000	05/29/15
Pennsylvania Senior Housing Portfolio (SHOP)	Bethlehem, PA	—	1,542	22,249	1,012	1,542	23,261	24,803	(6,340)	2005	06/30/15
	Boyertown, PA	22,932	480	25,544	814	480	26,358	26,838	(6,513)	2000	06/30/15
	York, PA	12,432	972	29,860	1,560	972	31,420	32,392	(7,417)	1986	06/30/15
Southern Illinois OM Portfolio (Outpatient Medical)	Waterloo, IL	—	94	1,977	—	94	1,977	2,071	(595)	2015	07/01/15
	Waterloo, IL	—	738	6,332	588	738	6,920	7,658	(2,010)	1995	07/01/15, 12/19/17 and 04/17/18
	Waterloo, IL	—	200	2,648	(69)	200	2,579	2,779	(707)	2011	07/01/15
Napa Medical Center (Outpatient Medical)	Napa, CA	—	1,176	13,328	2,223	1,176	15,551	16,727	(4,695)	1980	07/02/15
Chesterfield Corporate Plaza (Outpatient Medical)	Chesterfield, MO	—	8,030	24,533	3,617	8,030	28,150	36,180	(9,020)	1989	08/14/15

Initial Cost to Company · Gross Amount of Which Carried at Close of Period(f)
Description(a) · Encumbrances · Land and Improvements · Buildings andImprovements · Cost CapitalizedSubsequent toAcquisition(b) · Land and Improvements · Buildings andImprovements · Total(e) · AccumulatedDepreciation(g)(h) · Date ofConstruction · Date Acquired
Richmond VA ALF (SHOP)	North Chesterfield, VA	$—	$2,146	$56,671	$1,237	$2,146	$57,908	$60,054	$(12,955)	2009	09/11/15
Crown Senior Care Portfolio (Senior Housing)	Peel, Isle of Man	—	1,164	6,952	82	1,164	7,034	8,198	(1,736)	2015	09/15/15
	St. Albans, UK	—	1,174	12,344	681	1,174	13,025	14,199	(3,224)	2015	10/08/15
	Salisbury, UK	—	1,248	11,986	55	1,248	12,041	13,289	(2,961)	2015	12/08/15
	Aberdeen, UK	—	2,025	6,037	337	2,025	6,374	8,399	(1,266)	1986	11/15/16
	Felixstowe, UK	—	704	5,800	514	704	6,314	7,018	(1,328)	2010/2011	11/15/16
	Felixstowe, UK	—	531	2,542	343	531	2,885	3,416	(681)	2010/2011	11/15/16
Washington DC SNF (Skilled Nursing)	Washington, DC	60,100	1,194	34,200	—	1,194	34,200	35,394	(9,056)	1983	10/29/15
Stockbridge GA OM II (Outpatient Medical)	Stockbridge, GA	—	499	8,353	1,623	485	9,990	10,475	(2,396)	2006	12/03/15
Marietta GA OM II (Outpatient Medical)	Marietta, GA	—	661	4,783	309	661	5,092	5,753	(1,298)	2007	12/09/15
Lakeview IN Medical Plaza (Outpatient Medical)	Indianapolis, IN	20,155	2,375	15,911	9,762	2,375	25,673	28,048	(7,326)	1987	01/21/16
Pennsylvania Senior Housing Portfolio II (SHOP)	Palmyra, PA	19,114	835	24,424	703	835	25,127	25,962	(6,528)	2007	02/01/16
Snellville GA OM (Outpatient Medical)	Snellville, GA	—	332	7,781	2,329	332	10,110	10,442	(2,285)	2005	02/05/16
Stockbridge GA OM III (Outpatient Medical)	Stockbridge, GA	—	606	7,924	1,946	606	9,870	10,476	(2,453)	2007	03/29/16
Joplin MO OM (Outpatient Medical)	Joplin, MO	—	1,245	9,860	200	1,245	10,060	11,305	(2,727)	2000	05/10/16
Austell GA OM (Outpatient Medical)	Austell, GA	—	663	10,547	224	663	10,771	11,434	(2,467)	2008	05/25/16

Initial Cost to Company · Gross Amount of Which Carried at Close of Period(f)
Description(a) · Encumbrances · Land and Improvements · Buildings andImprovements · Cost CapitalizedSubsequent toAcquisition(b) · Land and Improvements · Buildings andImprovements · Total(e) · AccumulatedDepreciation(g)(h) · Date ofConstruction · Date Acquired
Middletown OH OM (Outpatient Medical)	Middletown, OH	$—	$—	$17,389	$3,242	$—	$20,631	$20,631	$(4,206)	2007	06/16/16
Fox Grape SNF Portfolio (Skilled Nursing)	Braintree, MA	—	1,844	10,847	31	1,844	10,878	12,722	(2,327)	2015	07/01/16
	Brighton, MA	—	779	2,661	475	779	3,136	3,915	(702)	1982	07/01/16
	Duxbury, MA	—	2,921	11,244	1,933	2,921	13,177	16,098	(3,155)	1983	07/01/16
	Hingham, MA	—	2,316	17,390	(166)	2,316	17,224	19,540	(3,670)	1990	07/01/16
	Quincy, MA	13,329	3,537	13,697	459	3,537	14,156	17,693	(2,930)	1995	11/01/16
Voorhees NJ OM (Outpatient Medical)	Voorhees, NJ	—	1,727	8,451	2,655	1,727	11,106	12,833	(2,845)	2008	07/08/16
Norwich CT OM Portfolio (Outpatient Medical)	Norwich, CT	—	403	1,601	1,234	403	2,835	3,238	(1,050)	2014	12/16/16
	Norwich, CT	—	804	12,094	1,265	804	13,359	14,163	(2,882)	1999	12/16/16
Middletown OH OM II (Outpatient Medical)	Middletown, OH	—	—	3,949	683	—	4,632	4,632	(791)	2007	12/20/17
Homewood Health Campus (ISHC)	Lebanon, IN	8,354	973	9,702	2,467	1,100	12,042	13,142	(2,334)	2000	12/01/15
Ashford Place Health Campus (ISHC)	Shelbyville, IN	5,663	664	12,662	1,412	857	13,881	14,738	(3,100)	2004	12/01/15
Mill Pond Health Campus (ISHC)	Greencastle, IN	6,701	1,576	8,124	727	1,629	8,798	10,427	(1,905)	2005	12/01/15
St. Andrews Health Campus (ISHC)	Batesville, IN	4,228	552	8,213	705	772	8,698	9,470	(1,964)	2005	12/01/15
Hampton Oaks Health Campus (ISHC)	Scottsburg, IN	5,952	720	8,145	824	845	8,844	9,689	(2,023)	2006	12/01/15
Forest Park Health Campus (ISHC)	Richmond, IN	6,500	535	9,399	893	647	10,180	10,827	(2,281)	2007	12/01/15
The Maples at Waterford Crossing (ISHC)	Goshen, IN	5,533	344	8,027	1,989	363	9,997	10,360	(1,753)	2006	12/01/15
Morrison Woods Health Campus (ISHC)	Muncie, IN	26,888	1,903	21,806	1,414	1,922	23,201	25,123	(4,039)	2008/2022	12/01/15, 09/14/16 and 03/03/21

Initial Cost to Company · Gross Amount of Which Carried at Close of Period(f)
Description(a) · Encumbrances · Land and Improvements · Buildings andImprovements · Cost CapitalizedSubsequent toAcquisition(b) · Land and Improvements · Buildings andImprovements · Total(e) · AccumulatedDepreciation(g)(h) · Date ofConstruction · Date Acquired
Woodbridge Health Campus (ISHC)	Logansport, IN	$7,910		$228		$11,812		$536		$262		$12,314		$12,576		$(2,687)		2003		12/01/15
Bridgepointe Health Campus (ISHC)	Vincennes, IN	6,775		747		7,469		2,004		909		9,311		10,220		(1,892)		2002/2022		12/01/15
Greenleaf Living Center (ISHC)	Elkhart, IN	10,851		492		12,157		1,234		521		13,362		13,883		(2,854)		2000		12/01/15
Forest Glen Health Campus (ISHC)	Springfield, OH	9,056		846		12,754		1,195		1,055		13,740		14,795		(3,062)		2007		12/01/15
The Meadows of Kalida Health Campus (ISHC)	Kalida, OH	7,492		298		7,628		598		394		8,130		8,524		(1,726)		2007		12/01/15
The Heritage (ISHC)	Findlay, OH	12,311		1,312		13,475		730		1,434		14,083		15,517		(3,105)		1975		12/01/15
Genoa Retirement Village (ISHC)	Genoa, OH	7,911		881		8,113		1,728		1,054		9,668		10,722		(2,059)		1985		12/01/15
Waterford Crossing (ISHC)	Goshen, IN	7,581		344		4,381		1,001		349		5,377		5,726		(1,197)		2004		12/01/15
St. Elizabeth Healthcare (ISHC)	Delphi, IN	8,351		522		5,463		5,490		643		10,832		11,475		(2,255)		1986		12/01/15
Cumberland Pointe (ISHC)	West Lafayette, IN	8,846		1,645		13,696		818		1,905		14,254		16,159		(3,480)		1980		12/01/15
Franciscan Healthcare Center (ISHC)	Louisville, KY	9,922		808		8,439		3,218		915		11,550		12,465		(2,535)		1975		12/01/15
Blair Ridge Health Campus (ISHC)	Peru, IN	7,311		734		11,648		1,041		789		12,634		13,423		(3,119)		2001		12/01/15
Glen Oaks Health Campus (ISHC)	New Castle, IN	4,855		384		8,189		504		419		8,658		9,077		(1,756)		2011		12/01/15
Covered Bridge Health Campus (ISHC)	Seymour, IN	(c)	386		9,699		927		45		10,967		11,012		(2,407)		2002		12/01/15
Stonebridge Health Campus (ISHC)	Bedford, IN	9,409		1,087		7,965		2,223		1,144		10,131		11,275		(1,958)		2004		12/01/15
RiverOaks Health Campus (ISHC)	Princeton, IN	14,018		440		8,953		2,557		764		11,186		11,950		(2,187)		2004		12/01/15
Park Terrace Health Campus (ISHC)	Louisville, KY	(c)	2,177		7,626		1,749		2,177		9,375		11,552		(2,152)		1977		12/01/15
Cobblestone Crossing (ISHC)	Terre Haute, IN	(c)	1,462		13,860		5,892		1,564		19,650		21,214		(4,160)		2008		12/01/15

Initial Cost to Company · Gross Amount of Which Carried at Close of Period(f)
Description(a) · Encumbrances · Land and Improvements · Buildings andImprovements · Cost CapitalizedSubsequent toAcquisition(b) · Land and Improvements · Buildings andImprovements · Total(e) · AccumulatedDepreciation(g)(h) · Date ofConstruction · Date Acquired
Creasy Springs Health Campus (ISHC)	Lafayette, IN	$15,531		$2,111		$14,337		$6,223		$2,512		$20,159		$22,671		$(4,286)		2010		12/01/15
Avalon Springs Health Campus (ISHC)	Valparaiso, IN	16,894		1,542		14,107		277		1,607		14,319		15,926		(3,092)		2012		12/01/15
Prairie Lakes Health Campus (ISHC)	Noblesville, IN	8,525		2,204		13,227		623		2,342		13,712		16,054		(2,937)		2010		12/01/15
RidgeWood Health Campus (ISHC)	Lawrenceburg, IN	13,278		1,240		16,118		437		1,268		16,527		17,795		(3,483)		2009		12/01/15
Westport Place Health Campus (ISHC)	Louisville, KY	(c)	1,245		9,946		1,299		1,262		11,228		12,490		(2,229)		2011		12/01/15
Paddock Springs (ISHC)	Warsaw, IN	13,195		488		—		10,638		660		10,466		11,126		(1,437)		2019		02/14/19
Amber Manor Care Center (ISHC)	Petersburg, IN	5,390		446		6,063		538		515		6,532		7,047		(1,506)		1990		12/01/15
The Meadows of Leipsic Health Campus (ISHC)	Leipsic, OH	(c)	1,242		6,988		967		1,428		7,769		9,197		(1,803)		1986		12/01/15
Springview Manor (ISHC)	Lima, OH	(c)	260		3,968		649		408		4,469		4,877		(986)		1978		12/01/15
Willows at Bellevue (ISHC)	Bellevue, OH	15,821		587		15,575		1,530		790		16,902		17,692		(3,726)		2008		12/01/15
Briar Hill Health Campus (ISHC)	North Baltimore, OH	(c)	673		2,688		569		756		3,174		3,930		(793)		1977		12/01/15
Cypress Pointe Health Campus (ISHC)	Englewood, OH	(c)	921		10,291		11,066		1,850		20,428		22,278		(3,277)		2010		12/01/15
The Oaks at NorthPointe Woods (ISHC)	Battle Creek, MI	(c)	567		12,716		240		571		12,952		13,523		(2,741)		2008		12/01/15
Westlake Health Campus (ISHC)	Commerce, MI	13,809		815		13,502		202		547		13,972		14,519		(2,953)		2011		12/01/15
Springhurst Health Campus (ISHC)	Greenfield, IN	19,200		931		14,114		4,170		2,330		16,885		19,215		(4,357)		2007		12/01/15 and 05/16/17
Glen Ridge Health Campus (ISHC)	Louisville, KY	(c)	1,208		9,771		2,569		1,402		12,146		13,548		(2,769)		2006		12/01/15
St. Mary Healthcare (ISHC)	Lafayette, IN	5,058		348		2,710		344		393		3,009		3,402		(694)		1969		12/01/15
The Oaks at Woodfield (ISHC)	Grand Blanc, MI	14,880		897		12,270		676		1,130		12,713		13,843		(2,790)		2012		12/01/15

Initial Cost to Company · Gross Amount of Which Carried at Close of Period(f)
Description(a) · Encumbrances · Land and Improvements · Buildings andImprovements · Cost CapitalizedSubsequent toAcquisition(b) · Land and Improvements · Buildings andImprovements · Total(e) · AccumulatedDepreciation(g)(h) · Date ofConstruction · Date Acquired
Stonegate Health Campus (ISHC)	Lapeer, MI	$10,976		$538		$13,159		$406		$717		$13,386		$14,103		$(2,930)		2012		12/01/15
Senior Living at Forest Ridge (ISHC)	New Castle, IN	(c)	204		5,470		363		325		5,712		6,037		(1,255)		2005		12/01/15
River Terrace Health Campus (ISHC)	Madison, IN	(c)	—		13,378		4,346		76		17,648		17,724		(3,966)		2016		03/28/16
St. Charles Health Campus (ISHC)	Jasper, IN	11,053		467		14,532		2,404		558		16,845		17,403		(3,690)		2000		06/24/16 and 06/30/16
Bethany Pointe Health Campus (ISHC)	Anderson, IN	18,945		2,337		26,524		2,812		2,550		29,123		31,673		(6,509)		1999		06/30/16
River Pointe Health Campus (ISHC)	Evansville, IN	13,606		1,118		14,736		1,998		1,204		16,648		17,852		(3,802)		1999		06/30/16
Waterford Place Health Campus (ISHC)	Kokomo, IN	14,404		1,219		18,557		6,653		1,805		24,624		26,429		(4,680)		2000/2022		06/30/16
Autumn Woods Health Campus (ISHC)	New Albany, IN	(c)	1,016		13,414		1,850		1,048		15,232		16,280		(3,710)		2000		06/30/16
Oakwood Health Campus (ISHC)	Tell City, IN	8,842		783		11,880		1,396		868		13,191		14,059		(3,191)		2000		06/30/16
Cedar Ridge Health Campus (ISHC)	Cynthiana, KY	(c)	102		8,435		3,745		205		12,077		12,282		(3,276)		2005		06/30/16
Aspen Place Health Campus (ISHC)	Greensburg, IN	9,188		980		10,970		963		1,212		11,701		12,913		(2,669)		2012		08/16/16
The Willows at East Lansing (ISHC)	East Lansing, MI	15,878		1,449		15,161		1,681		1,496		16,795		18,291		(3,940)		2014		08/16/16
The Willows at Howell (ISHC)	Howell, MI	(c)	1,051		12,099		6,763		1,158		18,755		19,913		(3,429)		2015		08/16/16
The Willows at Okemos (ISHC)	Okemos, MI	7,277		1,171		12,326		1,045		1,229		13,313		14,542		(3,139)		2014		08/16/16
Shelby Crossing Health Campus (ISHC)	Macomb, MI	16,686		2,533		18,440		2,404		2,620		20,757		23,377		(5,154)		2013		08/16/16
Village Green Healthcare Center (ISHC)	Greenville, OH	6,763		355		9,696		1,175		448		10,778		11,226		(2,314)		2014		08/16/16
The Oaks at Northpointe (ISHC)	Zanesville, OH	(c)	624		11,665		1,106		722		12,673		13,395		(2,973)		2013		08/16/16
The Oaks at Bethesda (ISHC)	Zanesville, OH	4,417		714		10,791		949		812		11,642		12,454		(2,635)		2013		08/16/16

Initial Cost to Company · Gross Amount of Which Carried at Close of Period(f)
Description(a) · Encumbrances · Land and Improvements · Buildings andImprovements · Cost CapitalizedSubsequent toAcquisition(b) · Land and Improvements · Buildings andImprovements · Total(e) · AccumulatedDepreciation(g)(h) · Date ofConstruction · Date Acquired
White Oak Health Campus (ISHC)	Monticello, IN	$20,088		$1,005		$13,207		$208		$1,005		$13,415		$14,420		$(2,173)		2010		09/23/16 and 07/30/20
Woodmont Health Campus (ISHC)	Boonville, IN	7,584		790		9,633		1,236		1,010		10,649		11,659		(2,547)		2000		02/01/17
Silver Oaks Health Campus (ISHC)	Columbus, IN	(c)	1,776		21,420		1,499		8		24,687		24,695		(5,513)		2001		02/01/17
Thornton Terrace Health Campus (ISHC)	Hanover, IN	5,375		764		9,209		1,601		873		10,701		11,574		(2,386)		2003		02/01/17
The Willows at Hamburg (ISHC)	Lexington, KY	11,192		1,740		13,422		1,676		1,810		15,028		16,838		(2,912)		2012		02/01/17
The Lakes at Monclova (ISHC)	Monclova, OH	19,130		2,869		12,855		10,302		3,186		22,840		26,026		(3,884)		2013		12/01/17
The Willows at Willard (ISHC)	Willard, OH	(c)	610		12,256		10,003		223		22,646		22,869		(4,267)		2012		02/01/17
Westlake Health Campus — Commerce Villa (ISHC)	Commerce, MI	(c)	261		6,610		1,270		553		7,588		8,141		(1,458)		2017		11/17/17
Orchard Grove Health Campus (ISHC)	Romeo, MI	27,515		2,065		11,510		18,156		3,515		28,216		31,731		(3,902)		2016		07/20/18 and 11/30/17
The Meadows of Ottawa (ISHC)	Ottawa, OH	—		695		7,752		1,168		728		8,887		9,615		(1,729)		2014		12/15/17
Valley View Healthcare Center (ISHC)	Fremont, OH	10,237		930		7,635		1,546		1,107		9,004		10,111		(1,353)		2017		07/20/18
Novi Lakes Health Campus (ISHC)	Novi, MI	12,154		1,654		7,494		2,770		1,702		10,216		11,918		(2,420)		2016		07/20/18
The Willows at Fritz Farm (ISHC)	Lexington, KY	8,918		1,538		8,637		455		1,563		9,067		10,630		(1,316)		2017		07/20/18
Trilogy Real Estate Gahanna, LLC (ISHC)	Gahanna, OH	(c)	1,146		—		16,745		1,218		16,673		17,891		(1,361)		2020		11/13/20
Oaks at Byron Center (ISHC)	Byron Center, MI	14,264		2,000		—		15,932		2,193		15,739		17,932		(1,517)		2020		07/08/20
Harrison Springs Health Campus (ISHC)	Corydon, IN	(c)	2,017		11,487		5,933		2,305		17,132		19,437		(1,775)		2016/2022		09/05/19

Initial Cost to Company · Gross Amount of Which Carried at Close of Period(f)
Description(a) · Encumbrances · Land and Improvements · Buildings andImprovements · Cost CapitalizedSubsequent toAcquisition(b) · Land and Improvements · Buildings andImprovements · Total(e) · AccumulatedDepreciation(g)(h) · Date ofConstruction · Date Acquired
The Cloister at Silvercrest (ISHC)	New Albany, IN	(c)	$139		$634		$6		$139		$640		$779		$(70)		1940		10/01/19
Trilogy Healthcare of Ferdinand II, LLC (ISHC)	Ferdinand, IN	16,805		—		—		14,619		—		14,619		14,619		(1,541)		2019		11/19/19
Forest Springs Health Campus (ISHC)	Louisville, KY	(c)	964		16,691		363		1,000		17,018		18,018		(1,654)		2015		07/30/20
Gateway Springs Health Campus (ISHC)	Hamilton, OH	11,505		1,277		10,923		1,615		1,431		12,384		13,815		(1,016)		2020		12/28/20
Orchard Pointe Health Campus (ISHC)	Kendallville, IN	10,176		1,806		9,243		15		1,806		9,258		11,064		(1,003)		2016		01/19/21
The Meadows of Delphos (ISHC)	Delphos, OH	9,330		2,345		8,150		98		2,382		8,211		10,593		(1,140)		2018		01/19/21
The Springs of Lima (ISHC)	Lima, OH	10,765		2,397		9,638		50		2,403		9,682		12,085		(1,216)		2018		01/19/21
Wooded Glen (ISHC)	Springfield, OH	14,450		2,803		11,928		15		2,803		11,943		14,746		(1,436)		2018		01/19/21
The Lakes of Sylvania (ISHC)	Sylvania, OH	19,493		3,208		15,059		232		3,265		15,234		18,499		(1,869)		2017		01/19/21
The Glen (ISHC)	Union Township, OH	14,741		2,789		12,343		35		2,789		12,378		15,167		(1,431)		2018		01/19/21
Harrison Trial Health Campus (ISHC)	Harrison, OH	15,632		1,750		17,114		86		2,048		16,902		18,950		(1,266)		2021		04/28/21
The Oaks of Belmont (ISHC)	Grand Rapids, MI	14,795		767		17,043		192		1,068		16,934		18,002		(1,349)		2021		03/13/21
Cedar Creek Health Campus (ISHC)	Lowell, IN	(c)	2,326		12,650		770		2,864		12,882		15,746		(833)		2014		07/07/21
Charlottesville OM (Outpatient Medical)	Charlottesville, VA	—		4,902		19,741		785		4,902		20,526		25,428		(1,652)		2001		10/01/21
Rochester Hills OM (Outpatient Medical)	Rochester Hills, MI	1,813		2,218		8,380		947		2,218		9,327		11,545		(918)		1990		10/01/21
Cullman OM III (Outpatient Medical)	Cullman, AL	—		—		19,224		(587)		—		18,637		18,637		(1,080)		2010		10/01/21
Iron OM Portfolio (Outpatient Medical)	Cullman, AL	—		—		14,799		1,382		—		16,181		16,181		(1,552)		1994		10/01/21
	Cullman, AL	—		—		12,287		438		—		12,725		12,725		(1,071)		1998		10/01/21

Initial Cost to Company · Gross Amount of Which Carried at Close of Period(f)
Description(a) · Encumbrances · Land and Improvements · Buildings andImprovements · Cost CapitalizedSubsequent toAcquisition(b) · Land and Improvements · Buildings andImprovements · Total(e) · AccumulatedDepreciation(g)(h) · Date ofConstruction · Date Acquired
	Sylacauga, AL	$—	$—	$11,273	$2,161	$—	$13,434	$13,434	$(976)	1997	10/01/21
Mint Hill OM (Outpatient Medical)	Mint Hill, NC	—	—	24,110	(26)	—	24,084	24,084	(1,981)	2007	10/01/21
Lafayette Assisted Living Portfolio (SHOP)	Lafayette, LA	—	1,206	9,076	697	1,206	9,773	10,979	(569)	1996	10/01/21
	Lafayette, LA	—	1,039	4,684	255	1,039	4,939	5,978	(316)	2014	10/01/21
Battle Creek OM (Outpatient Medical)	Battle Creek, MI	—	1,156	7,910	10	1,156	7,920	9,076	(855)	1996	10/01/21
Reno OM (Outpatient Medical)	Reno, NV	—	—	82,515	735	—	83,250	83,250	(6,090)	2005	10/01/21
Athens OM Portfolio (Outpatient Medical)	Athens, GA	—	860	7,989	120	860	8,109	8,969	(689)	2006	10/01/21
	Athens, GA	—	1,106	11,531	456	1,106	11,987	13,093	(962)	2006	10/01/21
SW Illinois Senior Housing Portfolio (Senior Housing)	Columbia, IL	—	1,117	9,700	—	1,117	9,700	10,817	(640)	2007	10/01/21
	Columbia, IL	—	147	2,106	—	147	2,106	2,253	(135)	1999	10/01/21
	Millstadt, IL	—	259	3,980	—	259	3,980	4,239	(256)	2004	10/01/21
	Red Bud, IL	—	690	5,175	—	690	5,175	5,865	(332)	2006	10/01/21
	Waterloo, IL	—	934	8,932	—	934	8,932	9,866	(576)	2012	10/01/21
Lawrenceville OM (Outpatient Medical)	Lawrenceville, GA	—	1,663	12,019	250	1,663	12,269	13,932	(1,019)	2005	10/01/21
Northern California Senior Housing Portfolio (SHOP)	Belmont, CA	—	10,491	9,650	(6,971)	10,491	2,679	13,170	(624)	1958/2000	10/01/21
	Menlo Park, CA	—	3,730	3,018	(6,741)	—	7	7	—	1945	10/01/21
Roseburg OM (Outpatient Medical)	Roseburg, OR	—	—	28,140	134	—	28,274	28,274	(2,180)	2003	10/01/21
Fairfield County OM (Outpatient Medical)	Trumbull, CT	—	2,797	10,400	274	2,797	10,674	13,471	(1,137)	1987	10/01/21
Central Wisconsin Senior Care Portfolio (SHOP)	Sun Prairie, WI	—	543	2,587	70	543	2,657	3,200	(202)	1960/2006	10/01/21
	Waunakee, WI	—	2,171	10,198	423	2,171	10,621	12,792	(796)	1974/2005	10/01/21

Initial Cost to Company · Gross Amount of Which Carried at Close of Period(f)
Description(a) · Encumbrances · Land and Improvements · Buildings andImprovements · Cost CapitalizedSubsequent toAcquisition(b) · Land and Improvements · Buildings andImprovements · Total(e) · AccumulatedDepreciation(g)(h) · Date ofConstruction · Date Acquired
Sauk Prairie OM (Outpatient Medical)	Prairie du Sac, WI	$—	$2,044	$19,669	$401	$2,044	$20,070	$22,114	$(1,558)	2014	10/01/21
Surprise OM (Outpatient Medical)	Surprise, AZ	—	1,827	10,968	443	1,827	11,411	13,238	(881)	2012	10/01/21
Southfield OM (Outpatient Medical)	Southfield, MI	5,408	1,634	16,550	1,187	1,634	17,737	19,371	(1,824)	1975/2014	10/01/21
Pinnacle Beaumont ALF (SHOP)	Beaumont, TX	—	1,775	17,541	39	1,775	17,580	19,355	(1,062)	2012	10/01/21
Grand Junction OM (Outpatient Medical)	Grand Junction, CO	—	2,460	34,188	42	2,460	34,230	36,690	(2,749)	2013	10/01/21
Edmonds OM (Outpatient Medical)	Edmonds, WA	—	4,523	22,414	338	4,523	22,752	27,275	(1,826)	1991/2008	10/01/21
Pinnacle Warrenton ALF (SHOP)	Warrenton, MO	—	514	7,059	(2,240)	—	5,333	5,333	(462)	1986	10/01/21
Glendale OM (Outpatient Medical)	Glendale, WI	—	665	6,782	410	665	7,192	7,857	(701)	2004	10/01/21
Missouri SNF Portfolio (Skilled Nursing)	Florissant, MO	—	800	10,363	—	800	10,363	11,163	(692)	1987	10/01/21
	Kansas City, MO	—	2,090	10,527	—	2,090	10,527	12,617	(821)	1974	10/01/21
	Milan, MO	—	493	7,057	—	493	7,057	7,550	(464)	1980	10/01/21
	Missouri, MO	—	729	10,187	—	729	10,187	10,916	(658)	1963	10/01/21
	Salisbury, MO	—	515	8,852	—	515	8,852	9,367	(584)	1970	10/01/21
	Sedalia, MO	—	631	24,172	—	631	24,172	24,803	(1,466)	1975	10/01/21
	St. Elizabeth, MO	—	437	4,561	—	437	4,561	4,998	(307)	1981	10/01/21
	Trenton, MO	—	310	4,875	—	310	4,875	5,185	(316)	1967	10/01/21
Flemington OM Portfolio (Outpatient Medical)	Flemington, NJ	—	1,419	11,110	553	1,419	11,663	13,082	(1,107)	2002	10/01/21
	Flemington, NJ	—	578	3,340	297	578	3,637	4,215	(370)	1993	10/01/21

Initial Cost to Company · Gross Amount of Which Carried at Close of Period(f)
Description(a) · Encumbrances · Land and Improvements · Buildings andImprovements · Cost CapitalizedSubsequent toAcquisition(b) · Land and Improvements · Buildings andImprovements · Total(e) · AccumulatedDepreciation(g)(h) · Date ofConstruction · Date Acquired
Lawrenceville OM II (Outpatient Medical)	Lawrenceville, GA	$—	$1,058	$9,709	$1,718	$1,058	$11,427	$12,485	$(994)	1990	10/01/21
Mill Creek OM (Outpatient Medical)	Mill Creek, WA	—	1,344	7,516	535	1,344	8,051	9,395	(610)	1991	10/01/21
Modesto OM (Outpatient Medical)	Modesto, CA	—	—	16,065	479	—	16,544	16,544	(1,310)	1991/2016	10/01/21
Michigan ALF Portfolio (SHOP)	Grand Rapids, MI	—	1,196	8,955	—	1,196	8,955	10,151	(619)	1953/2016	10/01/21
	Grand Rapids, MI	9,608	1,291	11,308	—	1,291	11,308	12,599	(779)	1989	10/01/21
	Holland, MI	—	716	6,534	—	716	6,534	7,250	(518)	2007/2017	10/01/21
	Howell, MI	—	836	4,202	—	836	4,202	5,038	(290)	2003	10/01/21
	Lansing, MI	—	1,300	11,629	3	1,300	11,632	12,932	(767)	1988/2015	10/01/21
	Wyoming, MI	—	1,343	13,347	—	1,343	13,347	14,690	(881)	1964/2016	10/01/21
Lithonia OM (Outpatient Medical)	Lithonia, GA	—	1,676	10,871	895	1,676	11,766	13,442	(1,015)	2015	10/01/21
West Des Moines SNF (Skilled Nursing)	West Des Moines, IA	—	509	3,813	—	509	3,813	4,322	(260)	2004	10/01/21
Great Nord OM Portfolio (Outpatient Medical)	Tinley Park, IL	—	—	15,423	945	—	16,368	16,368	(1,491)	2002	10/01/21
	Chesterton, IN	—	743	9,070	260	743	9,330	10,073	(912)	2007	10/01/21
	Crown Point, IN	—	265	5,467	—	265	5,467	5,732	(451)	2005	10/01/21
	Plymouth, MN	—	1,491	12,994	68	1,491	13,062	14,553	(1,106)	2014	10/01/21
Overland Park OM (Outpatient Medical)	Overland Park, KS	—	2,803	23,639	640	2,803	24,279	27,082	(1,942)	2017	10/01/21
Blue Badger OM (Outpatient Medical)	Marysville, OH	—	1,518	12,543	28	1,518	12,571	14,089	(948)	2014	10/01/21
Bloomington OM (Outpatient Medical)	Bloomington, IL	—	2,114	17,363	—	2,114	17,363	19,477	(1,102)	1990	10/01/21

Initial Cost to Company · Gross Amount of Which Carried at Close of Period(f)
Description(a) · Encumbrances · Land and Improvements · Buildings andImprovements · Cost CapitalizedSubsequent toAcquisition(b) · Land and Improvements · Buildings andImprovements · Total(e) · AccumulatedDepreciation(g)(h) · Date ofConstruction · Date Acquired
Haverhill OM (Outpatient Medical)	Haverhill, MA	$—	$1,393	$15,477	$96	$1,393	$15,573	$16,966	$(1,493)	1987	10/01/21
Fresno OM (Outpatient Medical)	Fresno, CA	—	1,536	8,964	291	1,536	9,255	10,791	(850)	2007	10/01/21
Colorado Foothills OM Portfolio (Outpatient Medical)	Arvada, CO	—	695	6,369	292	695	6,661	7,356	(786)	1979	10/01/21
	Centennial, CO	—	873	11,233	346	873	11,579	12,452	(1,037)	1979	10/01/21
	Colorado Springs, CO	—	2,225	12,520	1,007	2,225	13,527	15,752	(1,052)	1999	10/01/21
Catalina West Haven ALF (SHOP)	West Haven, UT	—	1,936	10,415	253	1,936	10,668	12,604	(697)	2012	10/01/21
Louisiana Senior Housing Portfolio (SHOP)	Gonzales, LA	—	1,123	5,668	142	1,123	5,810	6,933	(404)	1996	10/01/21
	Monroe, LA	—	834	4,037	393	834	4,430	5,264	(268)	1994	10/01/21
	New Iberia, LA	—	952	5,257	54	952	5,311	6,263	(357)	1996	10/01/21
	Shreveport, LA	—	1,177	6,810	54	1,177	6,864	8,041	(437)	1996	10/01/21
	Slidell, LA	—	801	4,348	194	801	4,542	5,343	(320)	1996	10/01/21
Catalina Madera ALF (SHOP)	Madera, CA	—	1,312	15,299	375	1,312	15,674	16,986	(1,008)	2005	10/01/21
The Willows at Springhurst (ISHC)	Louisville, KY	20,800	1,876	12,595	(547)	1,952	11,972	13,924	(702)	1979	01/01/22
	Louisville, KY	—	1,184	6,483	(34)	1,184	6,449	7,633	(375)	1979	01/01/22
The Willows at Harrodsburg (ISHC)	Harrodsburg, KY	7,125	918	10,181	1,396	1,594	10,901	12,495	(567)	2018	05/20/22
North River Health Campus (ISHC)	Evansville, IN	17,100	2,614	15,031	94	2,631	15,108	17,739	(874)	2017	05/20/22
Trilogy Healthcare of Jefferson III, LLC (ISHC)	Louisville, KY	14,175	2,265	14,077	356	2,265	14,433	16,698	(722)	2018	05/20/22
Pickerington Health Campus (ISHC)	Pickerington, OH	13,050	860	15,575	30	880	15,585	16,465	(1,712)	2019	05/20/22
Mt. Washington Development Project (ISHC)	Mt. Washington	14,325	2,054	10,225	24	2,054	10,249	12,303	(578)	2020	05/20/22
Silvercrest Health Center (ISHC)	New Albany, IN	20,259	1,920	24,965	352	1,920	25,317	27,237	(1,018)	2013	08/01/22

Initial Cost to Company · Gross Amount of Which Carried at Close of Period(f)
Description(a) · Encumbrances · Land and Improvements · Buildings andImprovements · Cost CapitalizedSubsequent toAcquisition(b) · Land and Improvements · Buildings andImprovements · Total(e) · AccumulatedDepreciation(g)(h) · Date ofConstruction · Date Acquired
The Springs of Mooresville (ISHC)	Mooresville, IN	$13,853	$1,460	$12,617	$99	$1,460	$12,716	$14,176	$(510)	2016	08/01/22
Hearthstone Health Campus (ISHC)	Bloomington, IN	19,008	2,140	16,928	202	2,160	17,110	19,270	(732)	2014	08/01/22
AHR Texas ALF Portfolio (SHOP)	Temple, TX	14,561	1,819	11,090	217	1,819	11,307	13,126	(416)	1998	12/05/22
	Cedar Park, TX	5,744	1,347	5,250	114	1,347	5,364	6,711	(206)	1998	12/05/22
	Corpus Christi, TX	14,174	1,229	12,663	98	1,229	12,761	13,990	(465)	1997	12/05/22
	League City, TX	15,537	1,435	15,475	125	1,435	15,600	17,035	(512)	1999	12/05/22
	Round Rock, TX	21,123	2,124	14,895	383	2,124	15,278	17,402	(502)	1997	12/05/22
	Sugarland, TX	27,780	2,674	12,751	155	2,674	12,906	15,580	(450)	1999	12/05/22
	Tyler, TX	9,667	1,131	10,510	103	1,131	10,613	11,744	(384)	1998	12/05/22
The Legacy at English Station (ISHC)	Louisville, KY	7,700	912	10,139	56	912	10,195	11,107	(255)	2016	02/15/23
The Villages at Oak Ridge (ISHC)	Washington, IN	12,901	1,483	11,551	1,799	1,483	13,350	14,833	(174)	2015	07/13/23
Smith's Mill Health Campus (ISHC)	New Albany, OH	—	1,323	15,271	46	1,323	15,317	16,640	(255)	2019	07/13/23
Oakwood Health Center Villas (ISHC)	Tell City, IN	1,988	535	1,555	131	541	1,680	2,221	(47)	2013	07/13/23
		$1,312,019	$325,412	$3,228,159	$355,820	$332,402	$3,576,989	$3,909,391	$(627,189)
Leased properties(d)		$—	$1,130	$84,944	$157,431	$2,051	$241,454	$243,505	$(123,997)
Construction in progress		14,294	925	15,870	7,904	1,493	23,206	24,699	(971)
		$1,326,313	$327,467	$3,328,973	$521,155	$335,946	$3,841,649	$4,177,595	$(752,157)

(a)We own 100% of our properties as of December 31, 2023, with the exception of Trilogy, Lakeview IN Medical Plaza, Southlake TX Hospital, Pinnacle Beaumont ALF, Pinnacle Warrenton ALF and Louisiana Senior Housing Portfolio.

(b)The cost capitalized subsequent to acquisition is shown net of dispositions and impairments.

(c)These properties are used as collateral for the secured revolver portion of the 2019 Trilogy Credit Facility, which had an outstanding balance of $309,823 as of December 31, 2023. See Note 9, Lines of Credit and Term Loan — 2019 Trilogy Credit Facility, for a further discussion.

(d)Represents furniture, fixtures, equipment, land and improvements associated with properties under operating leases.

(e) The changes in total real estate for the years ended December 31, 2023, 2022 and 2021 are as follows (in thousands):

	Amount
Balance — December 31, 2020	$2,762,272
Acquisitions	1,225,626
Additions	87,909
Dispositions and impairments	(36,645)
Foreign currency translation adjustment	(590)
Balance — December 31, 2021	$4,038,572
Acquisitions	$254,947
Additions	72,802
Dispositions and impairments	(123,841)
Foreign currency translation adjustment	(6,033)
Balance — December 31, 2022	$4,236,447
Acquisitions	$55,658
Additions	97,667
Dispositions and impairments	(214,906)
Foreign currency translation adjustment	2,729
Balance — December 31, 2023	$4,177,595

(f) As of December 31, 2023, the unaudited aggregate cost of our properties was $4,051,405 for U.S. federal income tax purposes.

(g) The changes in accumulated depreciation for the years ended December 31, 2023, 2022 and 2021 are as follows (in thousands):

	Amount
Balance — December 31, 2020	$425,272
Additions	109,036
Dispositions and impairments	(10,320)
Foreign currency translation adjustment	(102)
Balance — December 31, 2021	$523,886
Additions	$141,257
Dispositions and impairments	(9,355)
Foreign currency translation adjustment	(950)
Balance — December 31, 2022	$654,838
Additions	$147,587
Dispositions and impairments	(50,790)
Foreign currency translation adjustment	522
Balance — December 31, 2023	$752,157

(h) The cost of buildings and capital improvements is depreciated on a straight-line basis over the estimated useful lives of the buildings and capital improvements, up to 39 years, and the cost of tenant improvements is depreciated over the shorter of the lease term or useful life, up to 34 years. The cost of furniture, fixtures and equipment is depreciated over the estimated useful life, up to 28 years.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.