XML 75 R60.htm IDEA: XBRL DOCUMENT v3.22.0.1
LOANS RECEIVABLE AND OTHER INVESTMENTS - Narrative (Details)
12 Months Ended
Dec. 31, 2021
USD ($)
investment
loan
Dec. 31, 2020
USD ($)
loan
Oct. 15, 2021
USD ($)
property
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Principal balance $ 352,159,000 $ 65,320,000  
Rate of return (percent) 7.60%    
Book value $ 342,031,000 58,899,000  
Increase (decrease) in the allowance for loan losses 3,900,000 1,900,000  
Allowance for loan losses 6,344,000 2,458,000  
Mortgage      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Principal balance $ 309,000,000    
Rate of return (percent) 7.70%    
Mortgage | RCA Mortgage Loan      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Principal balance     $ 290,000,000
Number of properties to secure loan | property     6
Rate of return (percent)     7.50%
Additional funding commitment available upon achievement of performance metrics     $ 35,000,000
Number of properties in lease-up related to performance metrics | property     2
Future funding on investment      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Future funding commitment $ 28,000,000    
Number of preferred equity investments for funding commitment | investment 2    
Number of loan receivable investments for funding commitment | investment 1    
Receivables with deteriorated credit quality      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Principal balance $ 1,800,000 $ 2,100,000  
Number of loans receivable considered to have deteriorated credit quality | loan 4 4  
Book value $ 200,000 $ 500,000  
Nonaccrual status      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Allowance for loan losses   $ 2,500,000  
Number of loans receivable on nonaccrual status | loan 3 2  
Book value of loans receivable on nonaccrual status $ 0 $ 0