Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2019

Commitments and Contingencies

Schedule of commitments

At December 31, 2019, we had commitments as follows (in thousands):

						Total
	Investment			2019		Commitment		Remaining
	Commitment			Funding		Funded		Commitment
Real estate properties (Note 5. Real Estate Investments)	$	41,266	(1)	$	13,847	$	18,361	$	22,905
Accrued incentives and earn-out liabilities (Note 8. Lease Incentives)		9,000			—		—		9,000
Mortgage loans (Note 5. Real Estate Investments)		27,200	(2)		2,264		5,944		21,256
Notes receivable (Note 7. Notes Receivable)		2,250			2,039		2,063		187
Total	$	79,716		$	18,150	$	26,368	$	53,348

(1) Represents commitments to purchase land and improvements, if applicable, and to develop, re-develop, renovate or expand seniors housing and health care properties.

(2) Represents $9,200 of commitments to expand and renovate the seniors housing and health care properties securing the mortgage loans and $18,000 represents contingent funding upon the borrower achieving certain coverage ratios.