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Notes Receivable, Net (Tables)

3 Months Ended

Mar. 31, 2025

Accounts and Financing Receivable, after Allowance for Credit Loss [Abstract]

Schedule of Notes Receivable

The Company’s notes receivable, net are 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, 2025
Description		2025				2024				Number				Maturity Date		Interest Rate
Notes receivable		$	127,828			$	128,588				6			Apr 2020 - Dec 2027		4.65% - 13.75%
Allowance for credit losses			(2,127	)			(2,004	)
Notes receivable, net		$	125,701			$	126,584				6

Schedule of Changes in the Company's Credit Allowance

Changes in the Company’s credit allowance were as follows (in thousands):

		March 31,				December 31,
		2025				2024
Allowance for credit losses as of beginning of periods		$	2,004			$	1,279
Provision of loan losses			123				725
Total credit allowance		$	2,127			$	2,004

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- Definition

Tabular disclosure of allowance for credit loss on financing receivable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481962/310-10-50-11B

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-13

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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))
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-Topic 210
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-Name Accounting Standards Codification
-Section S99
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-Subparagraph (SX 210.5-02(3))
-Publisher FASB
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