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Loans Receivable (Tables) | 3 Months Ended
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Mar. 31, 2022
Receivables [Abstract] |
Summary of Loans Receivable | The following is a summary of our loans receivable (in thousands):
|  | March 31, 2022 |  | December 31, 2021
Mortgage loans |  | $ | 833,070 |  |  | $ | 889,556 |
Other real estate loans |  | 184,223 |  |  | 194,477 |
Allowance for credit losses on real estate loans receivable |  | (14,157) |  |  | (15,352) |
Real estate loans receivable, net of credit allowance |  | 1,003,136 |  |  | 1,068,681 |
Non-real estate loans |  | 390,559 |  |  | 375,060 |
Allowance for credit losses on non-real estate loans receivable |  | (151,536) |  |  | (151,433) |
Non-real estate loans receivable, net of credit allowance |  | 239,023 |  |  | 223,627 |
Total loans receivable, net of credit allowance |  | $ | 1,242,159 |  |  | $ | 1,292,308 |
Summary of Loan Activity | The following is a summary of our loan activity for the periods presented (in thousands):
|  | Three Months Ended
|  | March 31, 2022 |  | March 31, 2021
Advances on loans receivable |  | $ | 39,201 |  |  | $ | 43,148 |
Receipts on loans receivable |  | (89,207) |  |  | (2,852) |
Net cash advances (receipts) on loans receivable |  | $ | (50,006) |  |  | $ | 40,296 |
Schedule of Credit Loss | The following is a summary of our loans by credit loss category (in thousands):
|  | March 31, 2022
Loan category |  | Years of Origination |  | Loan Carrying Value |  | Allowance for Credit Loss |  | Net Loan Balance |  | No. of Loans
Deteriorated loans |  | 2007 - 2018 |  | $ | 174,841 |  |  | $ | (148,438) |  |  | $ | 26,403 |  |  | 3 |
Collective loan pool |  | 2007-2017 |  | 209,774 |  |  | (2,982) |  |  | 206,792 |  |  | 15 |
Collective loan pool |  | 2018 |  | 22,800 |  |  | (325) |  |  | 22,475 |  |  | 2 |
Collective loan pool |  | 2019 |  | 22,084 |  |  | (315) |  |  | 21,769 |  |  | 4 |
Collective loan pool |  | 2020 |  | 50,563 |  |  | (721) |  |  | 49,842 |  |  | 6 |
Collective loan pool |  | 2021 |  | 894,186 |  |  | (12,433) |  |  | 881,753 |  |  | 20 |
Collective loan pool |  | 2022 |  | 33,604 |  |  | (479) |  |  | 33,125 |  |  | 5 |
Total loans |  |  |  | $ | 1,407,852 |  |  | $ | (165,693) |  |  | $ | 1,242,159 |  |  | 55 |
The following is a summary of the allowance for credit losses on loans receivable for the periods presented (in thousands):
| Three Months Ended
| March 31, 2022 |  | March 31, 2021
Balance at beginning of period | $ | 166,785 |  |  | $ | 224,036 |
Provision for loan losses | (804) |  |  | 1,383 |
Loan write-offs | — |  |  | (1,322) |
Foreign currency translation | (288) |  |  | 49 |
Balance at end of period | $ | 165,693 |  |  | $ | 224,146 |
Summary of Impaired Loans | The following is a summary of our deteriorated loans (in thousands):
|  | Three Months Ended
|  | March 31, 2022 |  | March 31, 2021
Balance of deteriorated loans at end of period (1) |  | $ | 174,841 |  |  | $ | 241,012 |
Allowance for credit losses |  | (148,438) |  |  | (211,191) |
Balance of deteriorated loans not reserved |  | $ | 26,403 |  |  | $ | 29,821 |
Interest recognized on deteriorated loans (2) |  | $ | — |  |  | $ | 3,079 |
(1) Current year amounts include $2,157,000 and $2,157,000 of loans on non-accrual as of March 31, 2022 and December 31, 2021, respectively. Prior year amounts include $2,250,000 and $3,623,000 as of March 31, 2021 and December 31, 2020, respectively. (2) Represents cash interest recognized in the period.

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