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Lease Incentives (Tables) | 12 Months Ended
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Dec. 31, 2023
Lease Incentives |
Summary of non-contingent lease incentive activity |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31, | ​
​ | ​ | ​ | 2023 | ​ | ​ | 2022 | ​ | ​ | 2021 | ​
Lease incentives funded | ​ | $ | 1,627 | (1) | $ | 418 | ​ | $ | 824 | ​
Amortization of lease incentives | ​ | ​ | (773) | ​ | ​ | (877) | ​ | ​ | (608) | ​
Adjustment for collectability of lease incentives | ​ | ​ | — | ​ | ​ | (256) | (2) | ​ | — | ​
Other adjustments (3) | ​ | ​ | (36) | ​ | ​ | (174) | ​ | ​ | — | ​
Net increase (decrease) in non-contingent lease incentives | ​ | $ | 818 | ​ | $ | (889) | ​ | $ | 216 | ​
(1) | As part of our investment in a $54,134 JV, we committed to fund $2,100 of lease incentive, of which $1,458 was funded during 2023.
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(2) | Represents the lease incentive balance write-off related to a closed property and subsequent lease termination and lease incentive balance write-off related to 12 ALFs transitioned to an existing operator.
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(3) | Primarily relates to lease incentive balance write-off related to property sales.

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- Definition Tabular disclosure for non contingent lease activity. + References No definition available. + Details
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- References No definition available. + Details
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