Lease Incentives (Tables)

12 Months Ended

Dec. 31, 2023

Lease Incentives

Summary of non-contingent lease incentive activity

	Year Ended December 31,
		2023			2022			2021
Lease incentives funded	$	1,627	(1)	$	418		$	824
Amortization of lease incentives		(773)			(877)			(608)
Adjustment for collectability of lease incentives		—			(256)	(2)		—
Other adjustments (3)		(36)			(174)			—
Net increase (decrease) in non-contingent lease incentives	$	818		$	(889)		$	216

(1) As part of our investment in a $54,134 JV, we committed to fund $2,100 of lease incentive, of which $1,458 was funded during 2023.

(2) Represents the lease incentive balance write-off related to a closed property and subsequent lease termination and lease incentive balance write-off related to 12 ALFs transitioned to an existing operator.

(3) Primarily relates to lease incentive balance write-off related to property sales.