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Fair Values of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2021
Fair Values of Financial Instruments [Abstract]  
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]
The following tables provide estimated fair values of the Company’s financial instruments. The carrying values of the Company's real estate loans include accrued interest receivable from additional interest and are presented net of deferred loan fee revenue, where applicable.

As of December 31, 2021
Carrying valueFair value measurements
using fair value hierarchy
(In thousands)Fair ValueLevel 1Level 2Level 3
Financial Assets:
Real estate loans$213,458 $219,923 $— $— $219,923 
Notes receivable and line of credit receivable9,011 9,011 — — 9,011 
$222,469 $228,934 $— $— $228,934 
Financial Liabilities:
Mortgage notes payable $2,382,652 2,414,774 $— $— $2,414,774 
Revolving credit facility— — — — — 
$2,382,652 $2,414,774 $— $— $2,414,774 


As of December 31, 2020
Carrying valueFair value measurements
using fair value hierarchy
(In thousands)Fair ValueLevel 1Level 2Level 3
Financial Assets:
Real estate loans $302,423 $315,074 $— $— $315,074 
Notes receivable and line of credit receivable10,874 10,874 — — 10,874 
$313,297 $325,948 $— $— $325,948 
Financial Liabilities:
Mortgage notes payable $2,640,705 $2,666,471 $— $— $2,666,471 
Revolving line of credit22,000 22,000 — — 22,000 
$2,662,705 $2,688,471 $— $— $2,688,471