Real Estate Owned (Tables)

12 Months Ended

Dec. 31, 2022

The following table summarizes the Company's real estate owned, held for investment assets as of December 31, 2022 (dollars in thousands):


As of December 31, 2022
Acquisition Date (1)	Property Type	Primary Location(s)	Land		Building and Improvements		Furniture, Fixtures and Equipment		Accumulated Depreciation		Real Estate Owned, net
September 2021	Industrial	Jeffersonville, GA	$	3,436	$	84,259	$	2,928	$	(2,877)	$	87,746
Various (2)	Retail	Various	9,105		31,036		—		(115)		40,026
			$	12,541	$	115,295	$	2,928	$	(2,992)	$	127,772

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(1) Refer to Note 2 for the useful life of the above assets.

(2) As discussed below, ten retail properties associated with a loan secured by the Walgreen's Portfolio (defined below) were foreclosed upon during the quarter ended December 31, 2022. The properties are located throughout the country.

The following table summarizes the Company's real estate owned assets as of December 31, 2021 (dollars in thousands):


As of December 31, 2021
Acquisition Date (1)	Property Type	Primary Location(s)	Land		Building and Improvements		Furniture, Fixtures and Equipment		Accumulated Depreciation		Real Estate Owned, net
September 2021	Industrial	Jeffersonville, GA	$	3,436	$	84,259	$	2,928	$	(575)	$	90,048

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(1) Refer to Note 2 for the useful life of the above asset.