XML 64 R53.htm IDEA: XBRL DOCUMENT v3.21.2
Notes Receivable, Net - Additional Information (Details) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Accounts Notes And Loans Receivable [Line Items]    
Increase in allowance for credit loss $ 500  
Notes receivable $ 159,638 $ 102,100
OP Units in settlement of note receivable 21,109  
Settlement amount of note receivable in OP units $ 500  
Note receivable accrued interest 19,208 13,917
Notes Receivable 158,468 101,450
Credit loss reserve 1,170 650
Notes receivable, net $ 158,468 101,450
Interest Rate 9.00%  
Additional credit loss reserve   300
Aggregate loans $ 158,468 101,450
LUF Portfolio    
Accounts Notes And Loans Receivable [Line Items]    
Note receivable accrued interest   $ 5,000
Interest Rate   8.00%
Percentage of mortgage loan collateralized   5000.00%
Core Note    
Accounts Notes And Loans Receivable [Line Items]    
Notes receivable modified, subsequent payment default 21,600 $ 21,600
850 Third Avenue Brooklyn, NY    
Accounts Notes And Loans Receivable [Line Items]    
Notes Receivable   54,000
Notes receivable, net   $ 54,000
Interest Rate   9.00%
Fund II    
Accounts Notes And Loans Receivable [Line Items]    
Notes receivable   $ 33,800
Note receivable accrued interest   600
Notes Receivable   33,800
Notes receivable, net   33,800
Fund III    
Accounts Notes And Loans Receivable [Line Items]    
Notes receivable modified, subsequent payment default $ 10,000  
ASU 2016-13    
Accounts Notes And Loans Receivable [Line Items]    
Credit loss reserve   400
Maximum    
Accounts Notes And Loans Receivable [Line Items]    
Interest Rate 12.00%  
Minimum    
Accounts Notes And Loans Receivable [Line Items]    
Interest Rate 5.00%  
Core Portfolio    
Accounts Notes And Loans Receivable [Line Items]    
Notes receivable [1] $ 154,332 96,794
Core Portfolio | Silver Spring, Maryland    
Accounts Notes And Loans Receivable [Line Items]    
Notes Receivable 16,000  
Notes receivable, net 16,000  
Core Portfolio | Soho, New York    
Accounts Notes And Loans Receivable [Line Items]    
Notes Receivable 43,000  
Notes receivable, net $ 43,000  
Core Portfolio | Maximum    
Accounts Notes And Loans Receivable [Line Items]    
Interest Rate [1] 12.00%  
Core Portfolio | Minimum    
Accounts Notes And Loans Receivable [Line Items]    
Interest Rate [1] 5.00%  
Core Portfolio | Three Tranches    
Accounts Notes And Loans Receivable [Line Items]    
Notes Receivable $ 42,000  
Notes receivable, net 42,000  
Structured Financing    
Accounts Notes And Loans Receivable [Line Items]    
Note receivable accrued interest 8,800  
Aggregate loans 37,900  
Structured Financing | Non-Collateral Dependent Loans    
Accounts Notes And Loans Receivable [Line Items]    
Note receivable accrued interest 10,400  
Credit loss reserve 1,200  
Loans amortized cost $ 140,900  
Brandywine Portfolio | Core Portfolio    
Accounts Notes And Loans Receivable [Line Items]    
Notes receivable   38,700
Note receivable accrued interest   $ 2,000
Equity method investment, ownership percentage by third party   24.78%
[1] Includes one and two notes receivable from OP Unit holders, with balances totaling $6.0 million and $6.5 million at September 30, 2021 and December 31, 2020, respectively