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Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Debt and preferred equity investments, net of discounts and deferred origination fees $ 1,630 $ 1,811
Allowance for loan and lease losses $ 13,520 $ 6,630
Preferred stock, par (in dollars per share) $ 0.01  
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 160,000,000 160,000,000
Common stock, shares issued (in shares) 65,786,000 65,440,000
Common stock, shares outstanding (in shares) 65,786,000 65,440,000
Treasury stock, shares (in shares) 1,060,000 1,060,000
Land $ 1,092,671 $ 1,576,927
Building and improvements 3,655,624 4,903,776
Building leasehold and improvements 1,354,569 1,691,831
Right of use asset - operating leases 953,236 1,026,265
Accumulated depreciation 2,035,311 2,039,554
Other assets 413,670 546,945
Real estate debt 1,491,319 3,227,563
Accrued interest payable 17,930 14,227
Lease liabilities 105,531 104,218
Other liabilities 471,401 236,211
Service Corporation    
Land 41,200 41,200
Building and improvements 40,500 41,000
Building leasehold and improvements 0 0
Right of use asset - operating leases 0 0
Accumulated depreciation 5,400 4,400
Other assets 676,900 599,200
Real estate debt 50,000 49,800
Lease liabilities 0 0
Other liabilities 306,500 146,400
Accrued interest payable $ 900 $ 200
Series I Preferred Stock    
Preferred stock, par (in dollars per share) $ 0.01 $ 0.01
Preferred stock, liquidation preference (in dollars per share) $ 25.00 $ 25.00
Preferred stock, shares issued (in shares) 9,200,000 9,200,000
Preferred stock, shares outstanding (in shares) 9,200,000 9,200,000