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v3.23.2

Real Estate Investments - Mortgage Loans Activity (Details) $ in Thousands | 1 Months Ended | 3 Months Ended | 6 Months Ended |
--- | --- | --- | --- | ---
Jul. 31, 2023 item | Mar. 31, 2023 USD ($) | Jun. 30, 2023 USD ($) item property | Jun. 30, 2022 USD ($) a item property loan | Dec. 31, 2022 USD ($) item
Mortgage Loans |  |  |  |  |
Originations and funding under mortgage loans receivable |  |  | $ 81,727 | $ 33,910 |
Application of interest reserve |  |  | 1,609 | 2,451 |
Scheduled principal payments received |  |  | (251) | (625) |
Mortgage loan premium amortization |  |  | (4) | (3) |
Provision (recovery) for loan loss reserve |  |  | (831) | (358) |
Net increase (decrease) in mortgage loans receivable |  |  | 82,250 | $ 35,375 |
Number of senior mortgage loans | loan |  |  |  | 2 |
Area of land | a |  |  |  | 7.6 |
Loan Term |  |  |  | 4 years |
Interest rate (as a percent) |  |  |  | 7.25% |
Internal Rate of Return |  |  |  | 8.00% |
Number of beds/units | item |  |  |  | 217 |
Notes receivable, net of credit loss reserve |  |  | 45,949 |  | $ 58,383
Additional interest income related to the exit IRR |  |  | 1,380 |  |
Maximum |  |  |  |  |
Mortgage Loans |  |  |  |  |
Loan Term |  |  |  | 4 years |
Mortgage Loans |  |  |  |  |
Mortgage Loans |  |  |  |  |
Gross Investment |  |  | $ 476,739 |  |
Number of properties | property |  |  | 44 |  |
Percentage of Investment |  |  | 100.00% |  |
Mezzanine loan |  |  |  |  |
Mortgage Loans |  |  |  |  |
Loan Term |  |  |  | 5 years |
Interest rate (as a percent) |  |  |  | 8.00% |
Number of beds/units | item |  |  | 136 | 621 |
Additional interest income related to the exit IRR |  | $ 1,380 |  |  |
Extension term number of options | item |  |  |  | 2 |
Extension term |  |  |  | 1 year |
Mezzanine loan | Subsequent Event |  |  |  |  |
Mortgage Loans |  |  |  |  |
Loan Term | 5 years |  |  |  |
Interest rate (as a percent) | 8.75% |  |  |  |
Number of beds/units | item | 130 |  |  |  |
Mortgage loans with 7.5% Interest Maturing 2024 | Mezzanine loan |  |  |  |  |
Mortgage Loans |  |  |  |  |
Notes receivable, net of credit loss reserve |  |  | $ 7,461 |  |
SNF | Mortgage Loans |  |  |  |  |
Mortgage Loans |  |  |  |  |
Interest rate (as a percent) |  |  | 2.25% |  |
SNF | Mortgage loans with 7.5% Interest Maturing 2024 | Mortgage Loans |  |  |  |  |
Mortgage Loans |  |  |  |  |
Gross Investment |  |  | $ 29,346 |  |
Interest rate (as a percent) |  |  | 7.50% |  |
Number of properties | property |  |  | 1 |  |
Percentage of Investment |  |  | 6.20% |  |
SNF | Mortgage loans with 8.8% Interest Maturing 2028 | Mortgage Loans |  |  |  |  |
Mortgage Loans |  |  |  |  |
Gross Investment |  |  | $ 16,500 |  |
Interest rate (as a percent) |  |  | 8.80% |  |
Number of properties | property |  |  | 1 |  |
Percentage of Investment |  |  | 3.50% |  |
ALF | Mortgage Loans |  |  |  |  |
Mortgage Loans |  |  |  |  |
Internal Rate of Return |  |  | 8.00% |  |
ALF | Mortgage loans with 7.5% Interest Maturing 2024 | Mortgage Loans |  |  |  |  |
Mortgage Loans |  |  |  |  |
Gross Investment |  |  | $ 51,111 |  |
Interest rate (as a percent) |  |  | 7.50% |  |
Number of properties | property |  |  | 1 |  |
Percentage of Investment |  |  | 10.70% |  |
Florida | SNF |  |  |  |  |
Mortgage Loans |  |  |  |  |
Number of beds/units | item |  |  |  |  | 299
North Carolina | ALF |  |  |  |  |
Mortgage Loans |  |  |  |  |
Number of properties | property |  |  |  | 4 |
Georgia | ILF/ALF/MC | Mortgage Loans |  |  |  |  |
Mortgage Loans |  |  |  |  |
Payments to Acquire Real Estate |  |  | $ 51,111 |  |
Gross Investment |  |  | $ 51,111 |  |
Interest rate (as a percent) |  |  | 7.50% |  |
Internal Rate of Return |  |  | 7.75% |  |
Number of beds/units | item |  |  | 203 |  |
Georgia | ILF/ALF/MC | Mezzanine loan |  |  |  |  |
Mortgage Loans |  |  |  |  |
Gross Investment |  |  | $ 42,251 |  |
Illinois | SNF | Mortgage loans with 8.8% Interest Maturing 2028 |  |  |  |  |
Mortgage Loans |  |  |  |  |
Gross Investment |  |  | $ 16,500 |  |
Interest rate (as a percent) |  |  | 8.75% |  |
Number of beds/units | item |  |  | 150 |  |
SNF Beds | Mortgage Loans |  |  |  |  |
Mortgage Loans |  |  |  |  |
Number of beds/units | item |  |  | 3,041 |  |
SNF Beds | SNF | Mortgage loans with 7.5% Interest Maturing 2024 | Mortgage Loans |  |  |  |  |
Mortgage Loans |  |  |  |  |
Number of beds/units | item |  |  | 189 |  |
SNF Beds | SNF | Mortgage loans with 8.8% Interest Maturing 2028 | Mortgage Loans |  |  |  |  |
Mortgage Loans |  |  |  |  |
Number of beds/units | item |  |  | 150 |  |

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