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v3.23.2

Notes Receivable - Investment in Notes Receivable (Details) | 1 Months Ended | 6 Months Ended
--- | --- | ---
Jul. 31, 2023 USD ($) item | Jun. 30, 2023 USD ($) loan item | Jun. 30, 2022 USD ($) item
Notes Receivable |  |  |
Internal Rate of Return |  |  | 8.00%
Advances under notes receivable |  | $ 866,000 | $ 36,788,000
Number of units | item |  |  | 217
Loan Term |  |  | 4 years
Interest rate (as a percent) |  |  | 7.25%
Notes Receivable |  |  |
Notes Receivable |  |  |
Gross Investment |  | $ 46,412,000 |
Number of Loans | loan |  | 11 |
Working capital loans | Working capital loan 5% interest rate, 2023 maturity | ALF |  |  |
Notes Receivable |  |  |
Gross Investment |  | $ 370,000 |
Number of Loans | loan |  | 1 |
Interest rate (as a percent) |  | 5.00% |
Working capital loans | Working capital loan 5% interest rate, 2024 maturity | ALF |  |  |
Notes Receivable |  |  |
Gross Investment |  | $ 1,050,000 |
Number of Loans | loan |  | 1 |
Interest rate (as a percent) |  | 5.00% |
Working capital loans | Working capital loan 4% interest rate, 2024 maturity | SNF |  |  |
Notes Receivable |  |  |
Gross Investment |  | $ 13,531,000 |
Number of Loans | loan |  | 1 |
Interest rate (as a percent) |  | 4.00% |
Working capital loans | Working capital loan 5% interest rate, 2025 maturity | ALF |  |  |
Notes Receivable |  |  |
Gross Investment |  | $ 831,000 |
Number of Loans | loan |  | 1 |
Interest rate (as a percent) |  | 5.00% |
Working capital loans | Working capital loan 7.5% interest rate, 2027 maturity | ALF |  |  |
Notes Receivable |  |  |
Gross Investment |  | $ 550,000 |
Number of Loans | loan |  | 1 |
Interest rate (as a percent) |  | 7.50% |
Working capital loans | Working capital loan 6.5% interest rate, 2030 maturity | SNF |  |  |
Notes Receivable |  |  |
Gross Investment |  | $ 138,000 |
Number of Loans | loan |  | 1 |
Interest rate (as a percent) |  | 6.50% |
Working capital loans | Working capital loan 7.1% interest rate, 2030 maturity | ALF |  |  |
Notes Receivable |  |  |
Gross Investment |  | $ 500,000 |
Number of Loans | loan |  | 1 |
Interest rate (as a percent) |  | 7.10% |
Working capital loans | Working capital loan 7.3% interest rate, 2030 maturity | ALF |  |  |
Notes Receivable |  |  |
Gross Investment |  | $ 1,107,000 |
Number of Loans | loan |  | 1 |
Interest rate (as a percent) |  | 7.30% |
Working capital loans | Working capital loan 7% interest rate, 2031 maturity | ALF |  |  |
Notes Receivable |  |  |
Gross Investment |  | $ 2,693,000 |
Number of Loans | loan |  | 1 |
Interest rate (as a percent) |  | 7.00% |
Working capital loans | Working capital loan 8.3% interest rate, 2032 maturity | SNF |  |  |
Notes Receivable |  |  |
Gross Investment |  | $ 642,000 |
Number of Loans | loan |  | 1 |
Interest rate (as a percent) |  | 8.30% |
Mezzanine loan |  |  |
Notes Receivable |  |  |
Advances under notes receivable |  |  | $ 25,000,000
Number of units | item |  | 136 | 621
Loan Term |  |  | 5 years
IRR on mortgage loan on real estate property |  |  | 11.00%
Interest rate (as a percent) |  |  | 8.00%
Mezzanine loan | Subsequent Event |  |  |
Notes Receivable |  |  |
Advances under notes receivable | $ 17,000,000 |  |
Number of units | item | 130 |  |
Loan Term | 5 years |  |
IRR on mortgage loan on real estate property | 12.00% |  |
Number of additional units under construction | item | 89 |  |
Interest rate (as a percent) | 8.75% |  |
Mezzanine loan | Mezzanine loan loan 8% interest rate, 2027 maturity | ALF |  |  |
Notes Receivable |  |  |
Internal Rate of Return |  | 11.00% |
Gross Investment |  | $ 25,000,000 |
Number of Loans | loan |  | 1 |
Interest rate (as a percent) |  | 8.00% |

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- Definition The cash outflow to acquire an agreement for an unconditional promise by the maker to pay the entity (holder) a definite sum of money at a future date. Such amount may include accrued interest receivable in accordance with the terms of the note. The note also may contain provisions including a discount or premium, payable on demand, secured, or unsecured, interest bearing or noninterest bearing, among myriad other features and characteristics. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-13 + Details
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