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NOTES RECEIVABLE FROM MOBILE HOME PARKS (Tables) - Notes Receivable from Mobile Home Parks
9 Months Ended
Sep. 30, 2025
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Schedule of notes receivable

As of September 30, 

As of December 31, 

As of December 31, 

2025

2024

2023

Outstanding principal balance

$

203,467

$

208,175

$

184,280

Loan discount and deferred financing fees

(961)

(1,057)

(1,565)

Allowance for loan losses

 

(979)

 

(654)

 

(735)

Total

$

201,527

$

206,464

$

181,980

Schedule of allowance for loan losses

Three months ended

Nine months ended

September 30,

September 30,

2025

2024

2025

2024

Allowance for loan losses, beginning of period

$

900

$

711

$

654

$

735

Provision for loan losses

79

42

325

18

(Charge offs) recoveries

 

 

 

 

Allowance for loan losses, end of period

$

979

$

753

$

979

$

753

Schedule of impaired and general reserve for allowance for loan losses

As of September 30, 

As of December 31, 

2025

2024

Total MHP loans

$

203,467

$

208,175

Allowance for loan losses

979

654

Impaired loans individually evaluated for impairment

410

Specific reserve against impaired loans

29

Other loans collectively evaluated for allowance

 

203,057

 

208,175

General allowance for loan losses

949

654

Schedule of disaggregation of outstanding principal balance of consumer loans receivable

Year of Origination

2025

2024

2023

2022

2021

Prior

Total

% of Portfolio

< 30 days past due

$

31,642

$

83,936

$

31,119

$

28,139

$

16,165

$

11,252

$

202,253

99.4

30-90 days past due

343

461

804

0.4

> 90 days past due

410

410

0.2

Total

$

31,642

$

84,346

$

31,462

$

28,600

$

16,165

$

11,252

$

203,467

100.0