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Lease Incentives (Tables) | 12 Months Ended
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Dec. 31, 2022
Lease Incentives |
Summary of lease incentive activity | The following table summarizes lease incentives as of December 31, 2022 and 2021 (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31,
​ | ​ | ​ | 2022 | ​ | ​ | 2021
Non-contingent lease incentives | ​ | $ | 1,789 | ​ | $ | 2,678
Summary of non-contingent lease incentive activity | The following table summarizes our non-contingent lease incentive activity for the years ended December 31, 2022, 2021 and 2020 (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31, | ​
​ | ​ | ​ | 2022 | ​ | ​ | 2021 | ​ | ​ | 2020 | ​
Lease incentives funded | ​ | $ | 418 | ​ | $ | 824 | ​ | $ | 220 | ​
Amortization of lease incentives | ​ | ​ | (877) | ​ | ​ | (608) | ​ | ​ | (426) | ​
Adjustment for collectability of lease incentives | ​ | ​ | (256) | (1) | ​ | — | ​ | ​ | — | ​
Other adjustments | ​ | ​ | (174) | (2) | ​ | — | ​ | ​ | 115 | (3)
Net (decrease) increase in non-contingent lease incentives | ​ | $ | (889) | ​ | $ | 216 | ​ | $ | (91) | ​
(1) | Represents the lease incentive balance write-off related to a closed property and subsequent lease termination and lease incentive balance write-off related to 12 ALFs transitioned to an existing operator.
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(2) | Primarily relates to the sale of two ALFs in California during the second quarter of 2022.
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(3) | We reclassified a $300 interim working capital loan as lease incentive. See Note 7. Notes Receivable for further discussion. Additionally, we wrote-off $185 of lease incentive related to a master lease for which we determined it was not probable we will collect substantially all of the contractual lease obligations through maturity. See Note 5. Real Estate Investments for further discussion.

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- Definition Tabular disclosure for non contingent lease activity. + References No definition available. + Details
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