Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2020

Commitments and Contingencies

Schedule of commitments

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

						Total
	Investment			2020		Commitment		Remaining
	Commitment			Funding		Funded		Commitment
Real estate properties (Note 5. Real Estate Investments)	$	12,670	(1)	$	6,481	$	7,347	$	5,323
Accrued incentives and earn-out liabilities (Note 8. Lease Incentives)		9,000			—		—		9,000
Mortgage loans (Note 5. Real Estate Investments)		25,500	(2)		2,782		7,755		17,745
Joint venture investments (Note 6. Investments in Unconsolidated Joint Ventures)		13,000			5,000		5,000		8,000
Notes receivable (Note 7. Notes Receivable)		2,090			1,383		1,383		707
Total	$	62,260		$	15,646	$	21,485	$	40,775

(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 $7,500 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.