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v3.23.1

Investment in Unconsolidated Joint Ventures - Investment (Details) $ in Thousands | 3 Months Ended |
--- | --- | ---
Mar. 31, 2023 USD ($) item | Mar. 31, 2022 USD ($) | Dec. 31, 2022 USD ($)
Investment in Unconsolidated Joint Ventures |  |  |
Carrying Value | $ 19,340 |  | $ 19,340
Income from unconsolidated joint ventures | (376) | $ (375) |
Application of Interest Reserve | 1,149 | 1,221 |
Joint Venture | Not primary beneficiary |  |  |
Investment in Unconsolidated Joint Ventures |  |  |
Income Recognized | 376 | 375 |
Application of Interest Reserve | $ 376 | 375 |
Preferred Equity Investment | Joint Venture | Not primary beneficiary |  |  |
Investment in Unconsolidated Joint Ventures |  |  |
Number of beds/units | item | 95 |  |
Carrying Value | $ 19,340 |  |
UDP | Preferred Equity Investment | Joint Venture | Not primary beneficiary |  |  |
Investment in Unconsolidated Joint Ventures |  |  |
Income Recognized | 264 | 263 |
Application of Interest Reserve | $ 264 | 263 |
UDP | Preferred Equity Investment | Joint Venture | Not primary beneficiary | Washington |  |  |
Investment in Unconsolidated Joint Ventures |  |  |
Preferred return percentage | 14.00% |  |
Contractual cash portion | 8.00% |  |
Number of beds/units | item | 267 |  |
Carrying Value | $ 13,000 |  |
Percentage of Investment | 11.00% |  |
Percentage of cash return | 8.00% |  |
Percentage of internal rate of return | 14.00% |  |
Combination ALF/MC | Preferred Equity Investment | Joint Venture | Not primary beneficiary |  |  |
Investment in Unconsolidated Joint Ventures |  |  |
Income Recognized | $ 112 | 112 |
Application of Interest Reserve | $ 112 | $ 112 |
Combination ALF/MC | Preferred Equity Investment | Joint Venture | Not primary beneficiary | Internal Rate of Return is Until Eight Percent |  |  |
Investment in Unconsolidated Joint Ventures |  |  |
Percentage of internal rate of return | 8.00% |  |
Combination ALF/MC | Preferred Equity Investment | Joint Venture | Not primary beneficiary | The Internal Rate of Return is Between Twelve and Fourteen Percent | Minimum |  |  |
Investment in Unconsolidated Joint Ventures |  |  |
Percentage of internal rate of return | 12.00% |  |
Combination ALF/MC | Preferred Equity Investment | Joint Venture | Not primary beneficiary | The Internal Rate of Return is Between Twelve and Fourteen Percent | Maximum |  |  |
Investment in Unconsolidated Joint Ventures |  |  |
Percentage of internal rate of return | 14.00% |  |
Combination ALF/MC | Preferred Equity Investment | Joint Venture | Not primary beneficiary | Washington |  |  |
Investment in Unconsolidated Joint Ventures |  |  |
Preferred return percentage | 12.00% |  |
Contractual cash portion | 7.00% |  |
Number of beds/units | item | 95 |  |
Carrying Value | $ 6,340 |  |
Percentage of Investment | 15.50% |  |
Combination ALF/MC | Preferred Equity Investment | Joint Venture | Not primary beneficiary | Washington | Internal Rate of Return is Until Eight Percent | Minimum |  |  |
Investment in Unconsolidated Joint Ventures |  |  |
Percentage of cash return | 7.00% |  |
Combination ALF/MC | Preferred Equity Investment | Joint Venture | Not primary beneficiary | Washington | Internal Rate of Return is Until Eight Percent | Maximum |  |  |
Investment in Unconsolidated Joint Ventures |  |  |
Percentage of cash return | 9.00% |  |

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