Commitments, Contingencies and Uncertainties (Tables)

12 Months Ended

Dec. 31, 2022

Commitments and Contingencies Disclosure [Abstract]

Schedule of Loan Commitments

The tables below summarize our existing, known commitments and contingencies as of December 31, 2022 according to the nature of their impact on our leasehold or loan portfolios ($ in thousands):

	Asset Class	Type	Total		Funded		Remaining
Loan Commitments:
Bickford Senior Living	SHO	Construction	$	28,900	$	(28,853)	$	47
Encore Senior Living	SHO	Construction	50,725		(36,375)		14,350
Senior Living Communities	SHO	Revolving Credit	20,000		(15,847)		4,153
Timber Ridge OpCo	SHO	Working Capital	5,000		—		5,000
Watermark Retirement	SHO	Working Capital	5,000		(1,976)		3,024
Montecito Medical Real Estate	MOB	Mezzanine Loan	50,000		(20,255)		29,745
			$	159,625	$	(103,306)	$	56,319

Off Balance Sheet, Credit Loss, Liability, Roll Forward

The liability for expected credit losses on our unfunded loans reflected in “Accounts payable and accrued expense” on the Consolidated Balance Sheets as of December 31, 2022 and 2021 is presented in the following table for the year ended December 31, 2022 ($ in thousands):

Balance at December 31, 2021	$	955
Provision for expected credit losses	(272)
Balance at December 31, 2022	$	683

Schedule of Lease Commitments

	Asset Class	Type	Total		Funded		Remaining
Development Commitments:
Woodland Village	SHO	Construction	$	7,515	$	(7,425)	$	90
Senior Living Communities	SHO	Renovation	9,930		(9,930)		—
Watermark Retirement	SHO	Renovation	6,500		(5,959)		541
Navion Senior Solutions	SHO	Renovation	3,500		(1,062)		2,438
Other	SHO	Various	4,550		(1,300)		3,250
SHOP	ILF	Renovation	1,500		—		1,500
			$	33,495	$	(25,676)	$	7,819

Schedule of Loss Contingencies by Contingency

As of December 31, 2022, we had the following contingent lease inducement commitments which are generally based on the performance of facility operations and may or may not be met by the tenant ($ in thousands):

	Asset Class	Total		Funded		Remaining
Contingencies (Lease Inducements):
Timber Ridge OpCo	SHO	$	10,000	$	—	$	10,000
IntegraCare	SHO	750		—		750
Wingate Healthcare	SHO	5,000		—		5,000
Navion Senior Solutions	SHO	4,850		(2,700)		2,150
Discovery Senior Living	SHO	4,000		—		4,000
Ignite Medical Resorts	SNF	2,000		—		2,000
Sante Partners	SHO	2,000		—		2,000
		$	28,600	$	(2,700)	$	25,900