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Investment in Mortgage Notes (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Sep. 30, 2018
Jan. 02, 2018
properties
Apr. 06, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 517,467 $ 970,749        
Mortgage notes and related accrued interest receivable, net 515,811          
Number of properties securing debt | properties         1  
Proceeds from mortgage note receivable paydown $ 335,168 21,784 $ 72,072      
Ski Resorts [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Number of properties securing debt           14
Mortgage Receivable [Member] | Corporation [Member] | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Number of properties securing debt 4          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, Converted under ASC 610-20, Bridgeton, NJ [Member] | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net [1] $ 0 2,500        
Mortgage Loans on Real Estate, Interest Rate 10.14%          
Mortgage notes and related accrued interest receivable, net [1] $ 0          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, Converted under ASC 610-20, Evans, Georgia [Member] | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net [1] $ 0 9,631        
Mortgage Loans on Real Estate, Interest Rate 8.50%          
Mortgage notes and related accrued interest receivable, net [1] $ 0          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, Converted to lease [Member] | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net [2] $ 0 142,900        
Mortgage Loans on Real Estate, Interest Rate 7.25%          
Mortgage notes and related accrued interest receivable, net [2] $ 0          
Number of properties securing debt 28          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, paid in full March 11, 2018 [Member] | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net [3] $ 0 1,474        
Mortgage Loans on Real Estate, Interest Rate 7.00%          
Mortgage notes and related accrued interest receivable, net [3] $ 0          
Number of properties securing debt 1          
Proceeds from Maturities, Prepayments and Calls of Securities, Operating Activities $ 0          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, paid in full March 26, 2018 [Member] | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net [4] $ 0 9,056        
Mortgage Loans on Real Estate, Interest Rate 7.50%          
Mortgage notes and related accrued interest receivable, net [4] $ 0          
Number of properties securing debt 1     1    
Proceeds from mortgage note receivable paydown $ 9,000          
Proceeds from Maturities, Prepayments and Calls of Securities, Operating Activities 0          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, 8.50%, paid in full September 27, 2018 | Ski Resorts [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net [5] $ 0 249,213        
Mortgage Loans on Real Estate, Interest Rate 8.50%          
Mortgage notes and related accrued interest receivable, net [5] $ 0          
Number of properties securing debt 14          
Proceeds from Maturities, Prepayments and Calls of Securities, Operating Activities $ 65,900          
Mortgage Loans on Real Estate, Collections of Principal 250,300          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, paid in full November 30, 2018 | Montparnasse56 [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net [6] $ 0 31,105        
Mortgage Loans on Real Estate, Interest Rate 9.25%          
Mortgage notes and related accrued interest receivable, net [6] $ 0          
Number of properties securing debt 1          
Proceeds from Maturities, Prepayments and Calls of Securities, Operating Activities $ 5,400          
Mortgage Loans on Real Estate, Collections of Principal 32,000          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, Paid in full December 11, 2018 [Member] | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net [7] $ 0 5,173        
Mortgage Loans on Real Estate, Interest Rate 9.00%          
Mortgage notes and related accrued interest receivable, net [7] $ 0          
Number of properties securing debt 1          
Proceeds from Maturities, Prepayments and Calls of Securities, Operating Activities $ 3,400          
Mortgage Loans on Real Estate, Collections of Principal 0          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Notes, three properties, Paid in full December 11, 2018 [Member] | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net [7] $ 0 33,269        
Mortgage Loans on Real Estate, Interest Rate 10.00%          
Mortgage notes and related accrued interest receivable, net [7] $ 0          
Number of properties securing debt 3          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, Paid in full December 21, 2018 [Member] | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net [8] $ 0 1,454        
Mortgage Loans on Real Estate, Interest Rate 9.00%          
Mortgage notes and related accrued interest receivable, net [8] $ 0          
Number of properties securing debt 1          
Proceeds from Maturities, Prepayments and Calls of Securities, Operating Activities $ 0          
Mortgage Loans on Real Estate, Collections of Principal 1,400          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Notes, Due May 1, 2019 | Water Parks [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net 179,846 174,265        
Mortgage notes and related accrued interest receivable, net $ 179,846          
Number of properties securing debt 3          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, 7.00% due December 20, 2021 [Member] | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 54,535 57,890        
Mortgage Loans on Real Estate, Interest Rate 7.00%          
Mortgage notes and related accrued interest receivable, net $ 54,535          
Number of properties securing debt 8          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, 7.85%, due December 28, 2018 | fitness center [Member] [Domain]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 5,803 5,803        
Mortgage Loans on Real Estate, Interest Rate 7.85%          
Mortgage notes and related accrued interest receivable, net $ 5,766          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, 7.85%, due January 3, 2027 [Member] | Other Recreation [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 10,977 10,880        
Mortgage Loans on Real Estate, Interest Rate 7.85%          
Mortgage notes and related accrued interest receivable, net $ 10,905          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage note, 11.31%, due July 1, 2033 | TopGolf [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 11,934 12,249        
Mortgage Loans on Real Estate, Interest Rate 11.31%          
Mortgage notes and related accrued interest receivable, net $ 11,934          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage note, due June 30, 2034 | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 8,835 8,711        
Mortgage notes and related accrued interest receivable, net $ 8,595          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage note, 10.00%, due August 31, 2034 | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 15,652 12,564        
Mortgage Loans on Real Estate, Interest Rate 10.00%          
Mortgage notes and related accrued interest receivable, net $ 15,239          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, 11.43%, due December 1, 2034 | Ski Resorts [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 51,050 51,050        
Mortgage Loans on Real Estate, Interest Rate 11.43%          
Mortgage notes and related accrued interest receivable, net $ 51,050          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage note, 10.59%, due December 1, 2034 | Ski Resorts [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 37,562 37,562        
Mortgage Loans on Real Estate, Interest Rate 10.59%          
Mortgage notes and related accrued interest receivable, net $ 37,562          
Number of properties securing debt 4          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, 11.04%, due December 1, 2034 [Member] | Ski Resorts [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 4,550 4,550        
Mortgage Loans on Real Estate, Interest Rate 11.04%          
Mortgage notes and related accrued interest receivable, net $ 4,550          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, 8.28%, due January 5, 2036 | Ski Resorts [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 21,000 21,000        
Mortgage Loans on Real Estate, Interest Rate 8.28%          
Mortgage notes and related accrued interest receivable, net $ 21,000          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, due May 31, 2036 | TopGolf [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 17,505 17,505        
Mortgage Loans on Real Estate, Interest Rate 10.25%          
Mortgage notes and related accrued interest receivable, net $ 17,505          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, 10.14% due July 31 2036 [Member] | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 6,383 6,304        
Mortgage Loans on Real Estate, Interest Rate 10.14%          
Mortgage notes and related accrued interest receivable, net $ 6,224          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, 9.75% due August 1, 2036 | TopGolf [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 18,068 18,068        
Mortgage Loans on Real Estate, Interest Rate 9.75%          
Mortgage notes and related accrued interest receivable, net $ 18,068          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, 9.95% due December 31, 2036 | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 9,839 9,838        
Mortgage Loans on Real Estate, Interest Rate 9.95%          
Mortgage notes and related accrued interest receivable, net $ 9,765          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Notes, 8.67%, due April 30, 2037 [Member] | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 4,952 4,717        
Mortgage Loans on Real Estate, Interest Rate 8.67%          
Mortgage notes and related accrued interest receivable, net $ 4,674          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Notes, 8.93%, due July 30, 2037 [Member] | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 4,165 4,111        
Mortgage Loans on Real Estate, Interest Rate 8.93%          
Mortgage notes and related accrued interest receivable, net $ 4,121          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Notes, 8.67%, due July 30, 2037 [Member] | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 4,236 4,235        
Mortgage Loans on Real Estate, Interest Rate 8.67%          
Mortgage notes and related accrued interest receivable, net $ 4,206          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Notes, 8.75%, due August 31, 2037 [Member] | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 23,718 11,330        
Mortgage Loans on Real Estate, Interest Rate 8.75%          
Mortgage notes and related accrued interest receivable, net $ 23,718          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Notes, 9.02%, due September 30, 2037 [Member] | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 14,325 11,684        
Mortgage Loans on Real Estate, Interest Rate 9.02%          
Mortgage notes and related accrued interest receivable, net $ 14,084          
Number of properties securing debt 1          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Note, 7.85% due January 31, 2038 [Member] | fitness center [Member] [Domain]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 10,360 0        
Mortgage Loans on Real Estate, Interest Rate 7.85%          
Mortgage notes and related accrued interest receivable, net $ 10,292          
Mortgage Receivable [Member] | Corporation [Member] | Mortgage Notes, 7.50, due August 30, 2038 [Member] | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Notes and Related Accrued Interest Receivable, Net $ 2,172 $ 658        
Mortgage Loans on Real Estate, Interest Rate 7.50%          
Mortgage notes and related accrued interest receivable, net $ 2,172          
Minimum [Member] | Mortgage Receivable [Member] | Corporation [Member] | Mortgage Notes, Due May 1, 2019 | Water Parks [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Loans on Real Estate, Interest Rate 7.00%          
Minimum [Member] | Mortgage Receivable [Member] | Corporation [Member] | Mortgage note, due June 30, 2034 | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Loans on Real Estate, Interest Rate 8.71%          
Maximum [Member] | Mortgage Receivable [Member] | Corporation [Member] | Mortgage Notes, Due May 1, 2019 | Water Parks [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Loans on Real Estate, Interest Rate 10.00%          
Maximum [Member] | Mortgage Receivable [Member] | Corporation [Member] | Mortgage note, due June 30, 2034 | Education Property [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Mortgage Loans on Real Estate, Interest Rate 9.38%          
Education Reportable Operating Segment [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Proceeds from Conversion of Mortgage Note 142,900,000          
Number of Properties Securing Mortgage Note Converted to Rental Properties 28          
Education Reportable Operating Segment [Member] | early childhood education center [Member]            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Proceeds from mortgage note receivable paydown $ 1,500          
[1] Mortgage note was reclassified to rental properties on January 1, 2018, due to implementation of ASC 610-20.
[2] On February 16, 2018, the borrower exercised its put option to convert its mortgage note agreement, totaling $142.9 million and secured by 28 education facilities, including both early education and private school properties, to a lease agreement. As a result, the Company recorded the rental property at the carrying value, which approximated fair value of the mortgage note on the conversion date, and allocated this cost on a relative fair value basis.
[3] On March 11, 2018, the Company received payment in full on one mortgage note receivable of $1.5 million that was secured by land located in California. There was no prepayment fee received in connection with this note payoff.
[4] On March 26, 2018, the Company received payment in full on one mortgage note receivable of $9.0 million that was secured by real estate in Washington. There was no prepayment fee received in connection with this note payoff.
[5] During the year ended December 31, 2018, the Company received payment in full on the mortgage note receivable of $250.3 million from OZRE that was secured by 14 ski properties. In connection with the prepayment of this note, the Company recognized prepayment fees totaling $65.9 million that are included in mortgage and other financing income in the accompanying consolidated statements of income for the year ended December 31, 2018.
[6] During the year ended December 31, 2018, the Company received payment in full on the mortgage note receivable of $32.0 million that was secured by the observation deck of the John Hancock Tower in Chicago, Illinois. In connection with the prepayment of this note, the Company recognized prepayment fees of $5.4 million that are included in mortgage and other financing income in the accompanying consolidated statements of income for the year ended December 31, 2018.
[7] On December 11, 2018, the Company received payment in full on the mortgage notes receivable totaling $36.7 million from LBE Investments, Ltd. that were secured by four charter school properties located in Gilbert and Queen Creek, Arizona. In connection with the prepayment of these notes, the Company recognized prepayment fees totaling $3.4 million that are included in mortgage and other financing income in the accompanying consolidated statements of income for the year ended December 31, 2018.
[8] On December 21, 2018, the Company received payment in full on a mortgage note receivable of $1.4 million from LBE Investments, Ltd. that was secured by land located in Queen Creek, Arizona. No prepayment fee was received in connection with the prepayment of this note.