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Loans Receivable (Tables) | 3 Months Ended
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Mar. 31, 2023
Receivables [Abstract] |
Summary of Real Estate Loans Receivable | The following is a summary of our loans receivable (in thousands):
|  | March 31, 2023 |  | December 31, 2022
Mortgage loans |  | $ | 728,796 |  |  | $ | 707,464 |
Other real estate loans |  | 238,400 |  |  | 195,566 |
Allowance for credit losses on real estate loans receivable |  | (13,040) |  |  | (12,186) |
Real estate loans receivable, net of credit allowance |  | 954,156 |  |  | 890,844 |
Non-real estate loans |  | 468,791 |  |  | 441,231 |
Allowance for credit losses on non-real estate loans receivable |  | (171,278) |  |  | (152,063) |
Non-real estate loans receivable, net of credit allowance |  | 297,513 |  |  | 289,168 |
Total loans receivable, net of credit allowance |  | $ | 1,251,669 |  |  | $ | 1,180,012 |
Summary of Real Estate Loan Activity | The following is a summary of our loan activity for the periods presented (in thousands):
|  | Three Months Ended
|  | March 31, 2023 |  | March 31, 2022
Advances on loans receivable |  | $ | 54,831 |  |  | $ | 39,201 |
Less: Receipts on loans receivable |  | 15,592 |  |  | 89,207 |
Net cash advances (receipts) on loans receivable |  | $ | 39,239 |  |  | $ | (50,006) |
Schedule of Financing Receivable, Allowance for Credit Loss | The following is a summary of our loans by credit loss category (in thousands):
|  | March 31, 2023
Loan category |  | Years of Origination |  | Loan Carrying Value |  | Allowance for Credit Loss |  | Net Loan Balance |  | No. of Loans
Deteriorated loans |  | 2007 - 2023 |  | $ | 193,918 |  |  | $ | (167,515) |  |  | $ | 26,403 |  |  | 4 |
Collective loan pool |  | 2007 - 2018 |  | 211,004 |  |  | (2,866) |  |  | 208,138 |  |  | 12 |
Collective loan pool |  | 2019 |  | 23,333 |  |  | (317) |  |  | 23,016 |  |  | 4 |
Collective loan pool |  | 2020 |  | 43,067 |  |  | (585) |  |  | 42,482 |  |  | 6 |
Collective loan pool |  | 2021 |  | 777,173 |  |  | (10,493) |  |  | 766,680 |  |  | 18 |
Collective loan pool |  | 2022 |  | 135,004 |  |  | (1,833) |  |  | 133,171 |  |  | 29 |
Collective loan pool |  | 2023 |  | 52,488 |  |  | (709) |  |  | 51,779 |  |  | 3 |
Total loans |  |  |  | $ | 1,435,987 |  |  | $ | (184,318) |  |  | $ | 1,251,669 |  |  | 76 |
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, 2023 |  | March 31, 2022
Balance at beginning of period | $ | 164,249 |  |  | $ | 166,785 |
Provision for loan losses, net | 777 |  |  | (804) |
Purchased deteriorated loan | 19,077 |  |  | — |
Foreign currency translation | 215 |  |  | (288) |
Balance at end of period | $ | 184,318 |  |  | $ | 165,693 |

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