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NOTES RECEIVABLE FROM MOBILE HOME PARKS (Tables) - Notes Receivable from Mobile Home Parks | 3 Months Ended
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Mar. 31, 2024
Accounts, Notes, Loans and Financing Receivable [Line Items] |
Schedule of notes receivable | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of March 31, | ​ | As of December 31,
​ | ​ | 2024 | ​ | 2023
Outstanding principal balance | ​ | $ | 184,435 | ​ | $ | 184,280
Loan discount and deferred financing fees | ​ | ​ | (1,257) | ​ | ​ | (1,565)
Allowance for loan losses | ​ |  | (616) | ​ |  | (735)
Total | ​ | $ | 182,562 | ​ | $ | 181,980
Schedule of allowance for loan losses | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended March 31, | ​ | Three months ended March 31,
​ | ​ | 2024 | ​ | 2023
Allowance for loan losses, beginning of period | ​ | $ | 735 | ​ | $ | —
Provision for loan losses | ​ | ​ | (119) | ​ | ​ | 205
Charge offs (recoveries) | ​ |  | — | ​ |  | —
Allowance for loan losses, end of period | ​ | $ | 616 | ​ | $ | 205
Schedule of impaired and general reserve for allowance for loan losses | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of March 31, | ​ | As of December 31,
​ | ​ | 2024 | ​ | 2023
Total MHP loans | ​ | $ | 184,435 | ​ | $ | 184,280
Allowance for loan losses | ​ | ​ | 616 | ​ | ​ | 735
Impaired loans individually evaluated for impairment | ​ | ​ | 29,884 | ​ | ​ | 31,215
Specific reserve against impaired loans | ​ | ​ | 5 | ​ | ​ | 5
Other loans collectively evaluated for allowance | ​ |  | 154,552 | ​ |  | 153,065
General allowance for loan losses | ​ | ​ | 611 | ​ | ​ | 730
Schedule of disaggregation of outstanding principal balance of consumer loans receivable | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year of Origination
​ | ​ | 2024 | ​ | 2023 | ​ | 2022 | ​ | 2021 | ​ | 2020 | ​ | Prior | ​ | Total | ​ | % of Portfolio
< 30 days past due | ​ | $ | 6,247 | ​ | $ | 44,028 | ​ | $ | 46,610 | ​ | $ | 25,829 | ​ | $ | 31,134 | ​ | $ | 3,855 | ​ | $ | 157,703 | ​ | % | 85.5
30-90 days past due | ​ | ​ | — | ​ | ​ | 11,950 | ​ | ​ | 4,340 | ​ | ​ | 8,328 | ​ | ​ | 1,948 | ​ | ​ | — | ​ | ​ | 26,566 | ​ | ​ | 14.4
> 90 days past due | ​ | ​ | — | ​ | ​ | 120 | ​ | ​ | 46 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 166 | ​ | ​ | 0.1
Total | ​ | $ | 6,247 | ​ | $ | 56,098 | ​ | $ | 50,996 | ​ | $ | 34,157 | ​ | $ | 33,082 | ​ | $ | 3,855 | ​ | $ | 184,435 | ​ | % | 100
​

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- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B + Details
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- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-5 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-29 + Details
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