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Note 12 - Other Assets | 12 Months Ended
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Dec. 31, 2022
Notes to Financial Statements |
Other Assets Disclosure [Text Block] | 12. Other Assets: Assets Held-For-Sale At December 31, 2022, the Company had three properties classified as held-for-sale at a net carrying amount of $56.3 million. Mortgages and Other Financing Receivables The Company has various mortgages and other financing receivables which consist of loans acquired and loans originated by the Company. For a complete listing of the Company’s mortgages and other financing receivables at December 31, 2022, see Financial Statement Schedule IV included in this annual report on Form 10-K. The following table reconciles mortgage loans and other financing receivables from January 1, 2020 to December 31, 2022 (in thousands):
|  | 2022 |  |  | 2021 |  |  | 2020 |
Balance at January 1, |  | $ | 73,102 |  |  | $ | 32,246 |  |  | $ | 7,829 |
Additions: |  |  |  |  |  |  |  |  |  |  |  |
New mortgage and other loans (1) |  |  | 75,063 |  |  |  | 55,307 |  |  |  | 25,500 |
Deductions: |  |  |  |  |  |  |  |  |  |  |  |
Loan repayments (2) |  |  | (60,211 | ) |  |  | (13,646 | ) |  |  | (25 | )
Collections of principal |  |  | (95 | ) |  |  | (130 | ) |  |  | (152 | )
Allowance for credit losses |  |  | (500 | ) |  |  | (370 | ) |  |  | (906 | )
Other adjustments |  |  | - |  |  |  | (305 | ) |  |  | - |
Balance at December 31, |  | $ | 87,359 |  |  | $ | 73,102 |  |  | $ | 32,246 |
| (1) | During 2021, the Company acquired $13.4 million of mortgage loan receivables in connection with the Merger.
| (2) | During 2022, the Company recognized $4.0 million of profit participation related to the repayment of a mortgage loan, which is included in Other income, net on the Company’s Consolidated Statements of Income.
The Company reviews payment status to identify performing versus non-performing loans. As of December 31, 2022, the Company had a total of 11 loans, all of which are performing. Software Development Costs As of December 31, 2022 and 2021, the Company had unamortized software development costs of $18.4 million, respectively. The Company expensed $3.5 million, $3.1 million and $3.2 million in amortization of software development costs during the years ended December 31, 2022, 2021 and 2020, respectively.

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