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Notes Receivable - New Loan Commitment (Details) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2023 USD ($) item | Dec. 31, 2023 USD ($) item | Dec. 31, 2022 USD ($) property item | Dec. 31, 2021 USD ($) item
Notes receivable activities |  |  |  |
Gross Investment | $ 61,101 | $ 61,101 |  |
Principal payments received on notes receivable |  | 7,227 | $ 6,843 | $ 2,694
Additional interest income related to the exit IRR |  | 1,380 |  |
Amounts funded |  | 20,377 | 37,192 | 16,353
Interest rate (as a percent) | 8.50% |  |  |
Interest reserve withheld |  |  |  | 353
Funded under working capital |  | 4,947 | 8,767 | $ 540
Mortgage Loans |  |  |  |
Notes receivable activities |  |  |  |
Gross Investment | $ 482,080 | 482,080 |  |
Mortgage Loans | ILF/ALF/MC | Georgia |  |  |  |
Notes receivable activities |  |  |  |
Gross Investment | $ 51,111 | $ 51,111 |  |
Number of units | 203 | 203 |  |
Loan principal amount | $ 7,461 | $ 7,461 |  |
Mezzanine loan |  |  |  |
Notes receivable activities |  |  |  |
Principal payments received on notes receivable |  | 4,545 |  |
Additional interest income related to the exit IRR |  | 1,380 |  |
Exit IRR |  | $ 190 |  |
Amounts funded |  |  | $ 25,000 |
Number of property | property |  |  | 5 |
Loan Term |  |  | 5 years |
Extension term number of options | item |  |  | 2 |
Loan extension term |  |  | 1 year |
Interest rate (as a percent) |  |  | 8.00% |
IRR on mortgage loan on real estate property |  |  | 11.00% |
Number of real estate property communities | property |  |  | 5 |
Number of units | item | 136 | 136 | 621 |
Mezzanine loan | $ 42,000 | $ 42,000 | $ 36,815 |
Mezzanine loan | Georgia |  |  |  |
Notes receivable activities |  |  |  |
Number of additional units under construction | item | 89 | 89 |  |
Loan Term |  | 5 years |  |
Interest rate (as a percent) |  | 8.75% |  |
IRR on mortgage loan on real estate property |  | 12.00% |  |
Number of units | item | 130 | 130 |  |
Mezzanine loan | ILF/ALF/MC | Georgia |  |  |  |
Notes receivable activities |  |  |  |
Gross Investment | $ 42,251 | $ 42,251 |  |
Interest rate (as a percent) |  | 7.50% |  |
Mezzanine loan | loan with 8% for the first 18 months increasing to 10.5% thereafter |  |  |  |
Notes receivable activities |  |  |  |
Interest rate (as a percent) |  |  |  | 10.50%
Mezzanine loan | Loan with 8.0% for the first 18 months increasing to 10.5% thereafter with an internal rate of return ("IRR") of 10.5%. |  |  |  |
Notes receivable activities |  |  |  |
Loan Term |  |  |  | 3 years
Extension term number of options | item |  |  |  | 2
Loan extension term |  |  |  | 12 months
Interest rate (as a percent) |  |  |  | 8.00%
Interest reserve withheld |  |  |  | $ 353
Mezzanine loan |  |  |  | $ 4,355
HMG Healthcare, LLC | Secured loan maturing in September 2022 |  |  |  |
Notes receivable activities |  |  |  |
Number of properties in transition | item |  |  |  | 11
Mezzanine loan |  |  |  | $ 25,000

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