Notes Receivable, Net (Tables)

12 Months Ended

Dec. 31, 2023

Accounts and Financing Receivable, after Allowance for Credit Loss [Abstract]

Schedule of Notes Receivable

The Company’s notes receivable, net are generally collateralized either by the underlying properties or the borrowers’ ownership interests in the entities that own the properties, and were as follows (dollars in thousands):

	December 31,			December 31,			December 31, 2023
Description	2023			2022			Number		Maturity Date	Interest Rate
Core Portfolio (a)	$	126,228		$	124,801			6	Apr 2020 - Dec 2027	4.65% - 10.00%
Allowance for credit losses		(1,279	)		(898	)
Notes receivable, net	$	124,949		$	123,903			6

(a)Includes one note receivable from an OP Unit holder, with a balance of $6.0 million at December 31, 2023 and 2022.

Schedule of Changes in the Company's CECL Allowance

Changes in the Company’s CECL allowance were as follows (dollars in thousands):

	Year Ended December 31,
	2023		2022			2021
CECL Allowance beginning of period	$	898	$	5,752		$	1,218
Provision of loan losses		381		(272	)		4,534
Write-offs		—		(4,582	)		—
Total - CECL Allowance	$	1,279	$	898		$	5,752