Mortgage And Other Notes Receivable (Tables)

3 Months Ended

Mar. 31, 2021

Mortgage and Other Notes Receivable [Abstract]

Financing Receivable Credit Quality Indicators

net by year of origination ($ in thousands):

	2020		2019		2018		2017		2016		Prior		Total
Mortgages
more than 1.5x	$	8,424	$	8,833	$	193,463	$	—	$	—	$	4,540	$	215,260
between 1.0x and 1.5x	—		—		—		—		10,000		—		10,000
less than 1.0x	3,989		39,123		—		—		—		—		43,112
No coverage available	—		—		—		—		—		—		—
	12,413		47,956		193,463		$	—	10,000		4,540		268,372
Mezzanine
more than 1.5x	—		—		—		—		—		—		—
between 1.0x and 1.5x	—		—		—		—		—		—		—
less than 1.0x	—		—		—		—		14,491		11,072		25,563
No coverage available	—		750		—		—		—		—		750
	—		750		—		—		14,491		11,072		26,313
Revolver
more than 1.5x													—
between 1.0x and 1.5x													11,489
less than 1.0x													—
													11,489
									Credit loss reserve				(4,856)
													$	301,318

Schedule of Financing Receivable, Allowance for Credit Loss, Roll Forward

The allowance for expected credit losses is presented in the following table for the three months ended March 31, 2021 ($ in thousands):

Beginning balance January 1, 2021	$	4,946
Provision for expected credit losses	(90)
Balance March 31, 2021	$	4,856

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

At March 31, 2021, our construction loans to Bickford are summarized in the following table ($ in thousands):

Commencement	Rate	Maturity	Commitment		Drawn		Location
January 2018	9%	5 years	$	14,000	$	(14,000)	Virginia
July 2018	9%	5 years	14,700		(14,700)		Michigan
June 2020	9%	5 years	14,200		(2,390)		Virginia
			$	42,900	$	(31,090)