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v3.23.1

Notes Receivable - New Loan Commitment (Details) $ in Thousands | 3 Months Ended |
--- | --- | ---
Mar. 31, 2023 USD ($) item | Mar. 31, 2022 USD ($) item property | Dec. 31, 2022 USD ($)
Notes receivable activities |  |  |
Gross Investment | $ 46,936 |  |
Principal payments received on notes receivable | 5,180 | $ 1,287 |
Additional interest income related to the exit IRR | 1,380 |  |
Amounts funded | 605 | 34,791 |
Mortgage Loans |  |  |
Notes receivable activities |  |  |
Gross Investment | 457,524 |  |
Mortgage Loans | ILF/ALF/MC | Georgia |  |  |
Notes receivable activities |  |  |
Gross Investment | $ 51,111 |  |
Interest rate (as a percent) | 7.50% |  |
Number of units | item | 203 |  |
Loan principal amount | $ 7,461 |  |
Mezzanine loan |  |  |
Notes receivable activities |  |  |
Mezzanine loan | 25,000 |  | $ 36,815
Principal payments received on notes receivable | 4,545 |  |
Additional interest income related to the exit IRR | 1,380 |  |
Exit IRR | $ 190 |  |
Amounts funded |  | $ 25,000 |
Number of property | property |  | 5 |
Loan Term |  | 5 years |
Extension term number of options | item |  | 2 |
Extension term |  | 1 year |
Interest rate (as a percent) |  | 8.00% |
IRR on mortgage loan on real estate property |  | 11.00% |
Number of real estate property communities | property |  | 5 |
Number of units | item | 136 | 621 |
Notes receivable, gross | $ 25,000 |  | $ 36,815
Mezzanine loan | ILF/ALF/MC | Georgia |  |  |
Notes receivable activities |  |  |
Gross Investment | $ 42,251 |  |

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