ADDED
on June 30, 2025) of the Registrant held by non-affiliates (for purposes of this calculation, all of the Registrant's directors and executive officers are deemed affiliates of the Registrant) on June 30, 2025 was approximately $ 448.8 million .
The Registrant had 28,571,793 shares of co mmon stock, $0.01 par value per share, outstanding as of February 10, 2026.
Real Estate Investments As of December 31, 2025, we had gross investments of approximately $1.2 billion in 198 real estate properties (including one property, with sales-type leases, with a gross amount totaling approximately $8.1 million and one property classified as held for sale with a net investment totaling approximately $5.3 million).
The properties are located in 36 states, totaling approximately 4.5 million square feet in the aggregate, with a weighted average remaining lease term of approximately 7.0 years.
Excluding the real estate asset held for sale at December 31, 2025, the properties were approximately 90.6% leased.
Number of Properties Annualized Rent (%) Medical Office Building (MOB) 93 36.0 % Inpatient Rehabilitation Facilities (IRF) 10 21.2 % Acute Inpatient Behavioral (AIB) 5 12.6 % Specialty Centers (SC) 36 8.9 % Physician Clinics (PC) 33 8.2 % Behavioral Specialty Facilities (BSF) 13 7.1 % Surgical Centers and Hospitals (SCH) 6 4.0 % Long-term Acute Care Hospitals (LTACH) 2 2.0 % Total real estate investments 198 100.0 % Customer Concentrations The Company's real estate portfolio is leased to a diverse tenant base.
While no tenants provided more than 10% of our annualized rent as of December 31, 2025, our largest tenants were US Healthvest which provided 7.3% and Lifepoint Health which provided 6.4% of our annualized rent.
Geographic Concentrations The Company's portfolio is currently located in 36 states with 26.7% of our annualized rent as of December 31, 2025 derived from properties located in Texas (14.3%) and Florida (12.4%).
Upon acquisition, the properties were 100.0% leased in the aggregate with lease expirations through 2040.
Human Capital Resource Management We believe our employees are a critical component to the achievement of our business objectives.
REMOVED
on June 30, 2024) of the Registrant held by non-affiliates (for purposes of this calculation, all of the Registrant's directors and executive officers are deemed affiliates of the Registrant) on June 30, 2024 was approximately $ 628.0 million .
The Registrant had 28,339,419 shares of co mmon stock, $0.01 par value per share, outstanding as of February 11, 2025.
Real Estate Investments As of December 31, 2024, we had gross investments of approximately $1.2 billion in 200 real estate properties (including a portion of one property accounted for as a sales-type lease with a gross amount totaling approximately $3.0 million and two properties classified as held for sale with an aggregate amount totaling approximately $6.8 million).
The properties are located in 36 states, totaling approximately 4.4 million square feet in the aggregate and were approximately 90.9% leased, excluding real estate assets held for sale, at December 31, 2024 with a weighted average remaining lease term of approximately 6.7 years.
Number of Properties Annualized Rent (%) Medical Office Building (MOB) 93 36.9 % Inpatient Rehabilitation Facilities (IRF) 9 19.2 % Acute Inpatient Behavioral (AIB) 5 13.0 % Specialty Centers (SC) 37 10.3 % Physician Clinics (PC) 35 8.3 % Behavioral Specialty Facilities (BSF) 12 6.2 % Surgical Centers and Hospitals (SCH) 7 4.0 % Long-term Acute Care Hospitals (LTACH) 2 2.1 % Total real estate investments 200 100.0 % Customer Concentrations The Company's real estate portfolio is leased to a diverse tenant base.
Lifepoint Health accounted for 8.7% of annualized revenues and US Healthvest accounted for 7.5% of annualized revenues as of December 31, 2024.
Geographic Concentrations The Company's portfolio is currently located in 36 states with 38.4% of our annualized rent as of December 31, 2024 derived from properties located in Texas (16.7%), Illinois (11.6%), and Ohio (10.1%).
Upon acquisition, the properties were 99.3% leased in the aggregate with lease expirations through 2039.
Human Capital Resource Management As of December 31, 2024, we had 36 employees.
We have a stable, but growing workforce with an average tenure of 3.9 years and voluntary employee turnover of approximately 3% during the year ended December 31, 2024.