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Notes Receivable, Net (Tables) | 3 Months Ended
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Mar. 31, 2020
Accounts And Notes Receivable Net [Abstract] |
Schedule of Notes Receivable | The Company’s notes receivable, net were generally collateralized either by the underlying properties or the borrowers’ ownership interests in the entities that own the properties, and were as follows (dollars in thousands):
|  | March 31, |  |  | December 31, |  |  | March 31, 2020 |
Description |  | 2020 |  |  | 2019 |  |  | Number |  |  | Maturity Date |  | Interest Rate |
Core Portfolio (a, b) |  | $ | 135,467 |  |  | $ | 76,467 |  |  |  | 7 |  |  | Apr 2020 - Dec 2027 |  | 4.7% - 9% |
Fund II |  |  | 33,316 |  |  |  | 33,170 |  |  |  | 1 |  |  | Dec 2020 |  | 1.75% |
Fund III |  |  | 5,306 |  |  |  | 5,306 |  |  |  | 1 |  |  | Jul 2020 |  | 18.0% |
Total notes receivable |  |  | 174,089 |  |  |  | 114,943 |  |  |  |  |  |  |  |  |  |  |
Credit loss reserves |  |  | (930 | ) |  |  | — |  |  |  |  |  |  |  |  |  |  |
Notes receivable, net |  | $ | 173,159 |  |  | $ | 114,943 |  |  |  | 9 |  |  |  |  |  |  |
| (a) | Includes two notes receivable from OP Unit holders, which are collateralized by their OP Units, with balances totaling $6.5 million at March 31, 2020 and December 31, 2019.
| (b) | Includes $38.7 million for the Brandywine Note Receivable, which is collateralized by the remaining 24.78% undivided interest in Town Center (Note 4). On April 1, 2020, this note was converted to the remaining interest in Town Center (Note 15).

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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