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Related Party Transactions and Investments in Non-Consolidated Entities (Tables)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Related Party Transactions and Investments in Non-Consolidated Entities    
Schedule of equity in losses of investments in non-consolidated REITs

Year Ended

December 31,

(in thousands)

    

2021

 

 

Equity in income of East Wacker

$

421

Total

$

421

 
Schedule of distributions received from non-consolidated REITs

Year Ended

December 31,

(in thousands)

    

2021

 

Distributions from East Wacker

$

421

$

421

 
Allowance for credit losses rollforward

For the Year Ended December 31,

(In thousands)

    

2023

    

2022

    

2021

Beginning allowance for credit losses

$

(4,237)

$

$

Additional increases to the allowance for credit losses

(4,237)

Reductions to the allowance for credit losses

4,237

Ending allowance for credit losses

$

$

(4,237)

$

 
Quantitative information about significant unobservable inputs of Level 3 measurement  

    

Fair Value (1) at

    

  

Significant

    

Range

Weighted

Description

December 31, 2022

Valuation Technique

Unobservable Input

Min

Max

 

Average (2)

(in thousands)

 

Sponsored REIT Loan

$

19,763

 

Discounted Cash Flows

Exit Cap Rate

 

7.50

%

7.50

%

7.50

%

Discount Rate

9.50

%

9.50

%

9.50

%

(1) Classified within Level 3 of the fair value hierarchy.

(2) Unobservable inputs were weighted based on the fair value of the related instrument.