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Notes Receivable
3 Months Ended
Mar. 31, 2020
Notes Receivable.  
Notes Receivable

4.

Notes Receivable

Notes receivable consists of mezzanine loans and other loan arrangements. The following table is a summary of our notes receivable components as of March 31, 2020 and December 31, 2019 (in thousands):

March 31, 2020

December 31, 2019

 

Mezzanine loans

$

13,284

$

13,284

Other loans

4,664

4,824

Notes receivable reserve

(179)

(181)

Total

$

17,769

$

17,927

The following table summarizes our notes receivable activity for the three months ended March 31, 2020 and 2019 (in thousands):

Three Months Ended March 31,

2020

2019

Advances under notes receivable

$

141

$

6,953

Principal payments received under notes receivable

(41)

Reclassified to lease incentives

(300)

(1)

Notes receivable reserve

1

(69)

Total

$

(158)

$

6,843

(1)Represents an interim working capital loan related to a development project which matured upon completion of the development project and commencement of the lease.