During the three months ended March 31, 2026, we sold one senior housing community in our SHOP segment, one property in our OM&R segment and 10 properties in our NNN segment for aggregate consideration of $47.1 million and recognized $15.0 million in Gain on real estate dispositions in our Consolidated Statements of Income.

The table below summarizes our real estate assets and liabilities classified as held for sale reported on our Consolidated Balance Sheets (dollars in thousands):


	As of March 31, 2026					As of December 31, 2025
	Segment Properties Held for Sale	Assets Held for Sale		Liabilities Related to Assets Held for Sale		Segment Properties Held for Sale	Assets Held for Sale		Liabilities Related to Assets Held for Sale
SHOP	5	$	13,151	$	1,433	6	$	20,337	$	2,786
OM&R (1)	—	379		96		—	468		130
NNN	—	—		—		10	22,188		1,116
Total	5	$	13,530	$	1,529	16	$	42,993	$	4,032

For the three months ended March 31, 2026, we recognized impairments of $28.3 million comprised of $2.4 million, $22.2 million and $3.7 million in our SHOP, OM&R and NNN segments, respectively. For the three months ended March 31, 2025, we recognized impairments of $22.1 million comprised of $7.6 million, $14.4 million and $0.1 million in our SHOP, OM&R and NNN segments, respectively. The impairments are recorded primarily as a component of Depreciation and amortization in our Consolidated Statements of Income. The impairments recorded were primarily a result of a change in our intent to hold or a change in the expected future cash flows of the impaired assets.