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Loans Receivable Loans Receivable (Tables)
9 Months Ended
Sep. 30, 2022
Receivables [Abstract]  
Schedule of Loans Receivable
At September 30, 2022 and December 31, 2021, loans receivable were as follows:
(In thousands)September 30,
2022
December 31,
2021
Amortized cost (net of allowance for expected credit losses):
Real estate loans$88,799 $89,431 
Commercial loans24,001 25,741 
Total$112,800 $115,172 
Fair value:
Real estate loans$87,523 $90,793 
Commercial loans24,001 25,741 
Total$111,524 $116,534 
Financing Receivable, Allowance for Credit Loss
The following table presents the rollforward of the allowance for expected credit losses for loans receivable for the nine months ended September 30, 2022 and 2021:
20222021
(In thousands)Real Estate LoansCommercial LoansTotalReal Estate LoansCommercial LoansTotal
Allowance for expected credit losses, beginning of period$1,362 $356 $1,718 $1,683 $3,754 $5,437 
Change in expected credit losses(200)474 274 (254)(3,446)(3,700)
Allowance for expected credit losses, end of period$1,162 $830 $1,992 $1,429 $308 $1,737 
During the nine months ended September 30, 2022, the Company increased the allowance primarily due to an increase in the weighted average life of the loans receivable portfolio. During the nine months ended September 30, 2021, the Company reduced the allowance primarily due to the disposal of certain loans.
The following table presents the rollforward of the allowance for expected credit losses for loans receivable for the three months ended September 30, 2022 and 2021:
20222021
(In thousands)Real Estate LoansCommercial LoansTotalReal Estate LoansCommercial LoansTotal
Allowance for expected credit losses, beginning of period$1,228 $947 $2,175 $1,501 $469 $1,970 
Change in expected credit losses(66)(117)(183)(72)(161)(233)
Allowance for expected credit losses, end of period$1,162 $830 $1,992 $1,429 $308 $1,737