Loan Participations Sold, Net (Tables)

9 Months Ended

Sep. 30, 2022

Debt Disclosure [Abstract]

Schedule of Loan Participations Sold

The following table details our loan participations sold ($ in thousands):

	September 30, 2022
Loan Participations Sold		Count	Principal  Balance		Book Value		Wtd. Avg.  Yield/Cost(1)		Term(2)
Total Loan		1	$	259,703	$	257,556	+ 4.86	%	March 2027
Senior Participation		1	$	207,762	$	207,225	+ 3.20	%	March 2027

(1)This non-debt participation sold structure is inherently matched in terms of currency and interest rate. In addition to cash coupon, yield/cost includes the amortization of deferred fees and financing costs.

(2)The term is determined based on the on maximum maturity of the loan, assuming all extension options are exercised by the borrower.