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Notes and Other Receivables (Tables) | 6 Months Ended
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Jun. 30, 2024
Receivables [Abstract] |
Schedule of Notes and Other Receivables | Notes and other receivables consist of the following as of June 30, 2024 and December 31, 2023 ($ in thousands):
| June 30, 2024 |  | December 31, 2023
Note receivable, secured, bearing interest at 11.50%, due November 2024 (Originated November 2020) | $ | 39,958 |  |  | $ | 37,582 |
Note receivable, secured, bearing interest at 9.00%, due October 2025 (Originated October 2021) | 55,691 |  |  | 50,146 |
Note receivable, secured, bearing interest at 12.00%, due August 2024 (Originated August 2022) | 12,501 |  |  | 11,743 |
Note receivable, secured, bearing interest at 11.25%, due October 2027 (Originated October 2022) | 36,987 |  |  | 34,929 |
Related party note receivable, bearing variable rate interest, due September 2024 (Originated March 2024) (1) | 53,930 |  |  | — |
Notes and other receivables from affiliates (1) (2) | 5,252 |  |  | 6,111 |
Straight line rent receivables (3) | 8,908 |  |  | 9,353 |
Other receivables | 21,289 |  |  | 25,444 |
Allowance for credit losses | (740) |  |  | (687) |
Total notes and other receivables | $ | 233,776 |  |  | $ | 174,621 |
(1) See Note 6, Related Party Transactions, for additional details. (2) These amounts consist of short-term loans outstanding and due from various joint ventures as of June 30, 2024 and December 31, 2023, respectively. (3) These amounts are receivables from lease concessions recorded on a straight-line basis for the Company's operating properties.
Schedule of Allowance for Credit Loss | The following table presents the activity in the allowance for credit losses for notes receivable, secured ($ in thousands):
| Notes Receivables, Secured |  |  |  |
Balance at December 31, 2023 | $ | 687 |  |  |  |  |
Provision for credit losses | 53 |  |  |  |  |
Balance at June 30, 2024 | $ | 740 |  |  |  |  |

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- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
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