Notes and Other Receivables

3 Months Ended

Mar. 31, 2023

Notes and other receivables consist of the following as of March 31, 2023 and December 31, 2022 ($ in thousands):


	March 31, 2023		December 31, 2022
Note receivable, secured, bearing interest at 11.50%, due November 2024 (Originated November 2020)	$	34,468	$	33,477
Note receivable, secured, bearing interest at 11.00%, due October 2025 (Originated October 2021)	28,773		21,452
Note receivable, secured, bearing interest at 12.00%, due August 2024 (Originated August 2022)	10,679		10,350
Note receivable, secured, bearing interest at 11.25%, due October 2027 (Originated October 2022)	6,774		—
Notes and other receivables from affiliates (1)	6,861		6,975
Straight line rent receivables (2)	12,536		12,164
Other receivables	20,913		18,961
Allowance for credit losses	(418)		(334)
Total notes and other receivables	$	120,586	$	103,045

(1) These amounts consist of short-term loans outstanding and due from various joint ventures as of March 31, 2023 and December 31, 2022, respectively. See Note 6, Related Party Transactions, for additional details.

(2) These amounts are receivables from lease concessions recorded on a straight-line basis for the Company's operating properties.

The following table presents the activity in the allowance for credit losses for notes receivable, secured ($ in thousands):


	Notes Receivable, Secured
Balance at December 31, 2022	$	334
Provision for credit losses	84
Balance at March 31, 2023	$	418

No loans were placed on nonaccrual status or charged off during the three months ended March 31, 2023 or 2022.