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Schedule IV - Mortgage Loans Held For Investment
 12 Months Ended
Dec. 31, 2018
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]  
Schedule IV - Mortgage Loans Held For Investment
Schedule IV – Mortgage Loans on Real Estate
Description
 
Location
 
Interest Rate
 
Final Maturity Date
 
Periodic Payment Terms
 
Prior Liens
 
Face Amount of Mortgages
 
Carrying Amount of Mortgages (1)
 
Principal Amount of Loans Subject to Delinquent Principal or Interest
Long-Term Mortgage Loans
CVS Caremark Corporation
 
Evansville, IN
 
6.22%
 
1/15/2033
 
P&I
 
N/A
 
$
2,465

 
$
2,505

 
—

CVS Caremark Corporation
 
Greensboro, GA
 
6.52%
 
1/15/2030
 
P&I
 
N/A
 
899

 
920

 
—

CVS Caremark Corporation
 
Shelby Twp., MI
 
5.98%
 
1/15/2031
 
P&I
 
N/A
 
1,828

 
1,841

 
—

Walgreen Co.
 
Dallas, TX
 
6.46%
 
12/15/2029
 
P&I
 
N/A
 
2,254

 
2,297

 
—

Walgreen Co.
 
Nacogdoches, TX
 
6.80%
 
9/15/2030
 
P&I
 
N/A
 
2,501

 
2,601

 
—

 
 
 
 
 
 
 
 
 
 
 
 
$
9,947

 
$
10,164

 
$
—

___________________________________
(1)
During the year ended December 31, 2018, the Company decided to sell its mortgage notes receivable and classified them as held for sale. The valuation allowance related to the remaining five mortgage notes as of December 31, 2018 was $0.7 million.

 
 
Years Ended December 31,
 
 
2018
 
2017
 
2016
Beginning Balance
 
$
20,294

 
$
22,764

 
$
24,238

Deductions during the year:
 
 
 
 
 
 
Early payoff of loan investment
 
—

 
(1,502
)
 
—

Sale of loan investments
 
(8,256
)
 
—

 
—

Principal payments received on loan investments
 
(897
)
 
(904
)
 
(1,339
)
Amortization of unearned discounts and premiums
 
15

 
(64
)
 
(135
)
Valuation allowance
 
(992
)
 
—

 
—

Ending Balance
 
$
10,164


$
20,294


$
22,764