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v3.23.3

NOTES RECEIVABLE FROM MOBILE HOME PARKS (Details) $ in Thousands | 3 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | ---
Sep. 30, 2023 USD ($) | Sep. 30, 2022 USD ($) | Sep. 30, 2023 USD ($) item | Sep. 30, 2022 USD ($) | Dec. 31, 2022 USD ($) item
Notes Receivable |  |  |  |  |
Repossessed assets | $ 1,486 |  | $ 1,486 |  | $ 795
Notes Receivable from Mobile Home Parks |  |  |  |  |
Notes Receivable |  |  |  |  |
Note receivable with fixed rate of interest | $ 172,000 |  | $ 172,000 |  |
Interest rate spread (as a percent) | 4.00% |  | 4.00% |  |
Interest rate on the MHP Notes |  |  | 8.10% |  | 8.10%
Impaired loans individually evaluated for impairment | $ 0 |  | $ 0 |  | $ 0
Repossessed assets | 0 |  | 0 |  | 0
Unamortized finance fees | 1,534 |  | 1,534 |  | 1,068
Charge offs | 0 | $ 0 | $ 0 | $ 0 |
Allowance for loan losses |  |  |  |  | $ 0
Notes Receivable from Mobile Home Parks | Credit concentration risk | Pertaining to independent third parties |  |  |  |  |
Notes Receivable |  |  |  |  |
Number of Independent third parties | item |  |  | 3 |  | 3
Notes Receivable from Mobile Home Parks |  |  |  |  |
Notes Receivable |  |  |  |  |
Allowance for loan losses | $ 751 |  | $ 751 |  |
Notes Receivable from Mobile Home Parks | Credit concentration risk | Independent third party and affiliates one |  |  |  |  |
Notes Receivable |  |  |  |  |
Concentration risk percentage |  |  | 15.40% |  | 12.30%
Notes Receivable from Mobile Home Parks | Credit concentration risk | Independent third party and affiliates two |  |  |  |  |
Notes Receivable |  |  |  |  |
Concentration risk percentage |  |  | 16.90% |  | 16.60%
Notes Receivable from Mobile Home Parks | Credit concentration risk | Independent third party and affiliates three |  |  |  |  |
Notes Receivable |  |  |  |  |
Concentration risk percentage |  |  | 28.90% |  | 34.00%
Minimum | Notes Receivable from Mobile Home Parks |  |  |  |  |
Notes Receivable |  |  |  |  |
Fixed rate of interest (as a percent) |  |  | 6.90% |  |
Interest rate spread (as a percent) | 8.00% |  | 8.00% |  |
Term of notes receivables |  |  | 1 year |  |
Maximum | Notes Receivable from Mobile Home Parks |  |  |  |  |
Notes Receivable |  |  |  |  |
Fixed rate of interest (as a percent) |  |  | 12.50% |  |
Term of notes receivables |  |  | 10 years |  |

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