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v3.23.2

Investment in Unconsolidated Joint Ventures - Investment (Details) $ in Thousands | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2023 USD ($) item | Jun. 30, 2022 USD ($) item | Jun. 30, 2023 USD ($) item | Jun. 30, 2022 USD ($) item | Dec. 31, 2022 USD ($)
Investment in Unconsolidated Joint Ventures |  |  |  |  |
Number of beds/units | item |  | 217 |  | 217 |
Carrying Value | $ 19,340 |  | $ 19,340 |  | $ 19,340
Income from unconsolidated joint ventures | $ 376 | $ 376 | 752 | $ 751 |
Application of Interest Reserve |  |  | 1,609 | 2,451 |
Joint Venture | Not primary beneficiary |  |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |  |
Income Recognized |  |  | 752 | 751 |
Application of Interest Reserve |  |  | $ 752 | 751 |
Preferred Equity Investment | Joint Venture | Not primary beneficiary |  |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |  |
Number of beds/units | item | 95 |  | 95 |  |
Carrying Value | $ 19,340 |  | $ 19,340 |  |
UDP | Preferred Equity Investment | Joint Venture | Not primary beneficiary |  |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |  |
Income Recognized |  |  | 527 | 527 |
Application of Interest Reserve |  |  | $ 527 | 527 |
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 |  | 267 |  |
Carrying Value | $ 13,000 |  | $ 13,000 |  |
Percentage of Investment | 11.00% |  | 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 |  |  | $ 225 | 224 |
Application of Interest Reserve |  |  | $ 225 | $ 224 |
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 |  | 95 |  |
Carrying Value | $ 6,340 |  | $ 6,340 |  |
Percentage of Investment | 15.50% |  | 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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