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NOTES RECEIVABLE FROM MOBILE HOME PARKS (Tables) - Notes Receivable from Mobile Home Parks | 6 Months Ended
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Jun. 30, 2024
Accounts, Notes, Loans and Financing Receivable [Line Items] |
Schedule of notes receivable | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of June 30, | ​ | As of December 31,
​ | ​ | 2024 | ​ | 2023
Outstanding principal balance | ​ | $ | 184,730 | ​ | $ | 184,280
Loan discount and deferred financing fees | ​ | ​ | (1,232) | ​ | ​ | (1,565)
Allowance for loan losses | ​ |  | (711) | ​ |  | (735)
Total | ​ | $ | 182,787 | ​ | $ | 181,980
Schedule of allowance for loan losses | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended | ​ | ​ | Six months ended
​ | ​ | June 30, | ​ | ​ | June 30,
​ | ​ | 2024 | ​ | 2023 | ​ | ​ | 2024 | ​ | 2023
Allowance for loan losses, beginning of period | ​ | $ | 616 | ​ | $ | 205 | ​ | ​ | $ | 735 | ​ | $ | —
Provision for loan losses | ​ | ​ | 95 | ​ | ​ | 153 | ​ | ​ | ​ | (24) | ​ | ​ | 358
(Charge offs) recoveries | ​ |  | — | ​ |  | — | ​ | ​ |  | — | ​ |  | —
Allowance for loan losses, end of period | ​ | $ | 711 | ​ | $ | 358 | ​ | ​ | $ | 711 | ​ | $ | 358
Schedule of impaired and general reserve for allowance for loan losses | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of June 30, | ​ | As of December 31,
​ | ​ | 2024 | ​ | 2023
Total MHP loans | ​ | $ | 184,730 | ​ | $ | 184,280
Allowance for loan losses | ​ | ​ | 711 | ​ | ​ | 735
Impaired loans individually evaluated for impairment | ​ | ​ | 25,368 | ​ | ​ | 31,215
Specific reserve against impaired loans | ​ | ​ | — | ​ | ​ | 5
Other loans collectively evaluated for allowance | ​ |  | 159,363 | ​ |  | 153,065
General allowance for loan losses | ​ | ​ | 711 | ​ | ​ | 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 | ​ | $ | 18,245 | ​ | $ | 42,870 | ​ | $ | 42,538 | ​ | $ | 24,523 | ​ | $ | 28,926 | ​ | $ | 3,655 | ​ | $ | 160,757 | ​ | % | 87.0
30-90 days past due | ​ | ​ | — | ​ | ​ | 1,271 | ​ | ​ | 1,760 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 3,031 | ​ | ​ | 1.7
> 90 days past due | ​ | ​ | — | ​ | ​ | 10,381 | ​ | ​ | 2,903 | ​ | ​ | 7,203 | ​ | ​ | 455 | ​ | ​ | — | ​ | ​ | 20,942 | ​ | ​ | 11.3
Total | ​ | $ | 18,245 | ​ | $ | 54,522 | ​ | $ | 47,201 | ​ | $ | 31,726 | ​ | $ | 29,381 | ​ | $ | 3,655 | ​ | $ | 184,730 | ​ | % | 100.0
​

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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://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 29 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-29 Reference 2: 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 + Details
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