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Properties (Tables)
12 Months Ended
Dec. 31, 2023
Real Estate [Abstract]  
Schedule of Properties Held-for-Investment
The table below summarizes our properties held-for-investment as of December 31, 2023 and December 31, 2022 (dollars in thousands):
Depreciable LifeDecember 31, 2023December 31, 2022
Property Segment
Land and land improvements
0 - 15 years
$68,923 $176,029 
Buildings and building improvements
0 - 45 years
629,511 856,411 
Furniture & fixtures
3 - 5 years
608 446 
Investing and Servicing Segment
Land and land improvements
0 - 15 years
20,229 34,613 
Buildings and building improvements
3 - 40 years
65,433 122,384 
Furniture & fixtures
2 - 5 years
2,899 3,207 
Commercial and Residential Lending Segment
Land and land improvements
N/A
79,361 99,043 
Buildings and building improvements
0 - 50 years
139,538 79,661 
Construction in progress
N/A
218,205 287,701 
Furniture & fixtures
5 years
2,003 — 
Properties, cost1,226,710 1,659,495 
Less: accumulated depreciation(180,326)(209,509)
Properties, net$1,046,384 $1,449,986 
Schedule of Operating Leases
Future rental payments due to us from tenants under existing non-cancellable operating leases for each of the next five years and thereafter, excluding rental payments due on properties held-for-sale, are as follows (in thousands):

2024$62,333
202556,655
202647,778
202742,123
202838,104
Thereafter127,957
Total$374,950