Equity Method Investments (Tables)

12 Months Ended

Dec. 31, 2023

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Equity Method Investments

The following table sets forth our ownership interests in our equity method investments in real estate, excluding the Managed Programs, and their respective carrying values (dollars in thousands):

		Ownership Interest at	Carrying Value at December 31,
Lessee/Fund/Description	Co-owner	December 31, 2023	2023		2022
Las Vegas Retail Complex (a)	Third Party	N/A	$	235,979	$	196,352
Johnson Self Storage	Third Party	90%	63,934		65,707
Kesko Senukai (b)	Third Party	70%	28,860		38,569
Harmon Retail Corner (c)	Third Party	15%	24,229		24,649
			$	353,002	$	325,277

__________

(a)See “Las Vegas Retail Complex” below for discussion of this equity method investment in real estate.

(b)The carrying value of this investment is affected by fluctuations in the exchange rate of the euro.

(c)This investment is reported using the hypothetical liquidation at book value model, which may be different than pro rata ownership percentages, primarily due to the capital structure of the partnership agreement.