Properties (Tables)

3 Months Ended

Mar. 31, 2022

Real Estate [Abstract]

Summary of Properties

The table below summarizes our properties held as of March 31, 2022 and December 31, 2021 (dollars in thousands):

	Depreciable Life	March 31, 2022		December 31, 2021
Property Segment
Land and land improvements	0 - 15 years	$	175,835	$	175,810
Buildings and building improvements	0 - 45 years	851,129		851,274
Furniture & fixtures	3 - 5 years	260		260
Investing and Servicing Segment
Land and land improvements	0 - 15 years	36,905		41,771
Buildings and building improvements	3 - 40 years	132,023		149,399
Furniture & fixtures	2 - 5 years	3,166		3,143
Commercial and Residential Lending Segment (1)
Land and land improvements	N/A	813		9,691
Buildings and building improvements	N/A	—		12,408
Construction in progress	N/A	104,088		104,088
Properties, cost		1,304,219		1,347,844
Less: accumulated depreciation		(181,862)		(181,457)
Properties, net		$	1,122,357	$	1,166,387

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(1)Represents properties acquired through loan foreclosure.