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Investment in leases, financing receivables, net (Tables)
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2023
Investments, All Other Investments [Abstract]    
Summary of Company's Investment in Leases The following is a summary of the balances of the Company's Investment in leases, financing receivables, net.
June 30,
2023		December 31,
2022
(in thousands)
Minimum lease payments receivable$6,612,922 $6,676,528 
Estimated residual values of lease property (unguaranteed)940,885 940,885 
Total7,553,807 7,617,413 
Less: Unearned income(5,620,495)(5,695,094)
Less: Allowance for credit losses(41,523)(19,124)
Investment in leases - financing receivables, net$1,891,789 $1,903,195 
  
Summary of Minimum Lease payments Owed to Us  
At June 30, 2023, minimum lease payments owed to us for each of the five succeeding years under the Company's financing receivables were as follows (in thousands):
Year ending December 31,Future Minimum Lease Payments
2023 (remainder of year)$63,616 
2024129,286 
2025131,532 
2026133,816 
2027136,141 
Thereafter6,018,531 
Total$6,612,922 
Rollforward of Reserves for Direct Financing Leases  
The change in the allowance for credit losses for the Company's financing receivables is illustrated below (in thousands):

Maryland Live! LeasePennsylvania Live! Master LeaseTotal
Balance at December 31, 2022$4,095 $15,029 $19,124 
Change in allowance(881)(4,772)(5,653)
Ending balance at March 31, 2023$3,214 $10,257 $13,471 
Change in allowance8,142 19,910 28,052 
Ending balance at June 30, 2023$11,356 $30,167 $41,523 


Maryland Live! LeasePennsylvania Live! Master LeaseTotal
Balance at December 31, 2021$12,226 $— $12,226 
Change in allowance(5,621)32,277 26,656 
Ending balance at March 31, 2022$6,605 $32,277 $38,882 
Change in allowance1,783 439 2,222 
Ending balance at June 30, 2022$8,388 $32,716 $41,104 
Summary of Amortized Cost Basis of Company's Investment in Leases by Year of Origination  
The amortized cost basis of the Company's investment in leases, financing receivables by year of origination is shown below as of June 30, 2023 (in thousands):

Origination year
20222021Total
Investment in leases, financing receivables$700,216 $1,233,096 $1,933,312 
Allowance for credit losses(30,167)(11,356)(41,523)
Amortized cost basis at June 30, 2023
$670,049 $1,221,740 $1,891,789 
Allowance as a percentage of outstanding financing receivable(4.31)%(0.92)%(2.15)%