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Accounts Receivable, Net
 12 Months Ended
Dec. 31, 2018
Accounts Receivable, Net [Abstract]  
Investment In Mortgage Notes Disclosure [Text Block]
Accounts Receivable, Net
The following table summarizes the carrying amounts of accounts receivable, net as of December 31, 2018 and 2017 (in thousands):
 
2018
 
2017
Receivable from tenants
$
15,057

 
$
19,923

Receivable from non-tenants
1,379

 
3,932

Receivable from Sullivan County Infrastructure Revenue Bonds
11,500

 
14,718

Straight-line rent receivable
73,332

 
62,605

Allowance for doubtful accounts
(2,899
)
 
(7,485
)
Total
$
98,369

 
$
93,693


As of December 31, 2017, receivable from tenants above included $6.0 million in receivables from CLA, which were fully reserved in the allowance for doubtful accounts. During the year ended December 31, 2018, the Company wrote-off the remaining fully reserved receivables of $7.2 million related to CLA. Additionally, during the year ended December 31, 2017, the Company wrote-off the full amount of straight-line rent receivables of approximately $9.0 million related to CLA to straight-line rental revenue classified in rental revenue in the accompanying consolidated statements of income. As further discussed in Note 4, during the year ended December 31, 2018, the Company recorded an impairment charge of $16.5 million on four properties related to CLA classified in land held for development. See Note 19 for further discussion related to CLA.
Investment in Mortgage Notes
Investment in mortgage notes, including related accrued interest receivable, at December 31, 2018 and 2017 consists of the following (in thousands):
Description
Interest Rate
Payoff Date/Maturity Date
Periodic Payment Terms
Outstanding principal amount of mortgage
Carrying amount as of
December 31,
 
 
 
 
 
2018
2017
One public charter school property located in Bridgeton, New Jersey
10.14
%
N/A
(1)
$
—

$
—

$
2,500

One public charter school property located in Evans, Georgia
8.50
%
N/A
(1)
—

—

9,631

28 education facilities located in California, Florida, Georgia, Minnesota, Nevada, North Carolina, Ohio and Texas (2)
7.25
%
N/A
(2)
—

—

142,900

Land located in Lincoln, California (3)
7.00
%
3/11/2018
Prepaid in full
—

—

1,474

Land and building in Bellevue, Washington (4)
7.50
%
3/26/2018
Prepaid in full
—

—

9,056

14 ski properties located in New Hampshire, Washington, Utah, Tennessee, Maine, Colorado, Vermont, Massachusetts, California and British Columbia, Canada (5)
8.50
%
9/27/2018
Prepaid in full
—

—

249,213

Observation deck of the John Hancock building in Chicago, Illinois (6)
9.25
%
11/30/2018
Prepaid in full
—

—

31,105

One public charter school property located in Queen Creek, Arizona (7)
9.00
%
12/11/2018
Prepaid in full
—

—

5,173

Three charter school properties located in Gilbert and Queen Creek, Arizona (7)
10.00
%
12/11/2018
Prepaid in full
—

—

33,269

Land located in Queen Creek, Arizona (8)
9.00
%
12/21/2018
Prepaid in full
—

—

1,454

Three attractions located in Kansas City, Kansas, New Braunfels, Texas and South Padre Island, Texas
7.00% and 10.00%

5/1/2019
Interest only
179,846

179,846

174,265

Eight charter school properties located in Indiana, Ohio, South Carolina and Pennsylvania
7.00
%
12/20/2021
Principal & Interest
54,535

54,535

57,890

One health club located in Omaha, Nebraska
7.85
%
12/28/2026
Interest only
5,766

5,803

5,803

One health club located in Omaha, Nebraska
7.85
%
1/3/2027
Interest only
10,905

10,977

10,880

One golf entertainment complex located in Austin, Texas
11.31
%
7/1/2033
Principal & Interest-fully amortizing
11,934

11,934

12,249

One public charter school property located in St. Paul, Minnesota
8.71% to 9.38%

6/30/2034
Interest only
8,595

8,835

8,711

One public charter school property located in Jersey City, New Jersey
10.00
%
8/31/2034
Interest only
15,239

15,652

12,564

One ski property located in West Dover and Wilmington, Vermont
11.43
%
12/1/2034
Interest only
51,050

51,050

51,050

Four ski properties located in Ohio and Pennsylvania
10.59
%
12/1/2034
Interest only
37,562

37,562

37,562

One ski property located in Chesterland, Ohio
11.04
%
12/1/2034
Interest only
4,550

4,550

4,550

One ski property located in Hunter, New York
8.28
%
1/5/2036
Interest only
21,000

21,000

21,000

One golf entertainment complex located in Midvale, Utah
10.25
%
5/31/2036
Interest only
17,505

17,505

17,505

One public charter school property located in Millville, New Jersey
10.14
%
7/31/2036
Interest only
6,224

6,383

6,304

One golf entertainment complex located in West Chester, Ohio
9.75
%
8/1/2036
Interest only
18,068

18,068

18,068

One public charter school property located in Vineland, New Jersey
9.95
%
12/31/2036
Interest only
9,765

9,839

9,838

One private school property located in Mableton, Georgia
8.67
%
4/30/2037
Interest only
4,674

4,952

4,717

One public charter school property located in Roswell, Georgia
8.93
%
6/30/2037
Interest only
4,121

4,165

4,111

One public charter school property located in Atlanta, Georgia
8.67
%
7/31/2037
Interest only
4,206

4,236

4,235

One public charter school property located in Bronx, New York
8.75
%
8/31/2037
Interest only
23,718

23,718

11,330

One public charter school property located in Colorado Springs, Colorado
9.02
%
9/30/2037
Interest only
14,084

14,325

11,684

One health club located in Fort Collins, Colorado
7.85
%
1/31/2038
Interest only
10,292

10,360

—

One early education center located in Lithia, Florida
7.50
%
8/30/2038
Interest only
2,172

2,172

658

 
 
 
 
$
515,811

$
517,467

$
970,749



(1) Mortgage note was reclassified to rental properties on January 1, 2018, due to implementation of ASC 610-20.

(2) On February 16, 2018, the borrower exercised its put option to convert its mortgage note agreement, totaling $142.9 million and secured by 28 education facilities, including both early education and private school properties, to a lease agreement. As a result, the Company recorded the rental property at the carrying value, which approximated fair value of the mortgage note on the conversion date, and allocated this cost on a relative fair value basis.

(3) On March 11, 2018, the Company received payment in full on one mortgage note receivable of $1.5 million that was secured by land located in California. There was no prepayment fee received in connection with this note payoff.

(4) On March 26, 2018, the Company received payment in full on one mortgage note receivable of $9.0 million that was secured by real estate in Washington. There was no prepayment fee received in connection with this note payoff.

(5) During the year ended December 31, 2018, the Company received payment in full on the mortgage note receivable of $250.3 million from OZRE that was secured by 14 ski properties. In connection with the prepayment of this note, the Company recognized prepayment fees totaling $65.9 million that are included in mortgage and other financing income in the accompanying consolidated statements of income for the year ended December 31, 2018.

(6) During the year ended December 31, 2018, the Company received payment in full on the mortgage note receivable of $32.0 million that was secured by the observation deck of the John Hancock Tower in Chicago, Illinois. In connection with the prepayment of this note, the Company recognized prepayment fees of $5.4 million that are included in mortgage and other financing income in the accompanying consolidated statements of income for the year ended December 31, 2018.

(7) On December 11, 2018, the Company received payment in full on the mortgage notes receivable totaling $36.7 million from LBE Investments, Ltd. that were secured by four charter school properties located in Gilbert and Queen Creek, Arizona. In connection with the prepayment of these notes, the Company recognized prepayment fees totaling $3.4 million that are included in mortgage and other financing income in the accompanying consolidated statements of income for the year ended December 31, 2018.

(8) On December 21, 2018, the Company received payment in full on a mortgage note receivable of $1.4 million from LBE Investments, Ltd. that was secured by land located in Queen Creek, Arizona. No prepayment fee was received in connection with the prepayment of this note.