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Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2016
Commitments and Contingencies  
Schedule of commitments

At December 31, 2016, we had commitments as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

Total

    

 

 

    

 

 

Investment

 

2016

 

Commitment

 

Remaining

 

 

    

Commitment

    

Funding

    

Funded

    

Commitment

 

Real estate properties (See Note 5)

 

$
66,224

(1)

$
13,614

 

$
17,405

 

$
48,819

 

Accrued incentives and earn-out liabilities (2)

 

 
16,600

 

 
1,560

 

 
1,560

 

 
15,040

 

Lease incentives

 

 
12,957

 

 
3,509

 

 
3,964

 

 
8,993

 

Mortgage loans (See Note 5)

 

 
51,490

(1)

 
4,405

 

 
5,698

 

 
45,792

 

Joint venture investments (See Note 6)

 

 
29,050

 

 
1,770

 

 
21,913

 

 
7,137

 

Notes receivable (See Note 7)

 

 
200

 

 

 —

 

 

 —

 

 
200

 

Totals

 

$
176,521

 

$
24,858

 

$
50,540

 

$
125,981

 

(1)

Represents commitments to purchase land and improvements, if applicable, and to develop, re-develop, renovate or expand senior housing and health care properties.

(2)

During the twelve months ended December 31, 2016, we recorded non-cash interest expense of $684 related to these contingent liabilities and the fair value of our outstanding payments was $12,229 at December 31, 2016.