Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2020

Commitments and Contingencies

Schedule of commitments

At March 31, 2020, we had commitments as follows (in thousands):

						Total
	Investment			2020		Commitment		Remaining
	Commitment			Funding		Funded		Commitment
Real estate properties (Note 2. Real Estate Investments)	$	41,336	(1)	$	5,602	$	23,963	$	17,373
Accrued incentives and earn-out liabilities (Note 5. Lease Incentives)		10,500			—		—		10,500
Mortgage loans (Note 2. Real Estate Investments)		27,200	(2)		326		6,271		20,929
Notes receivable (Note 4. Notes Receivable)		1,354			50		50		1,304
Total	$	80,390		$	5,978	$	30,284	$	50,106

(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.