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LOANS RECEIVABLE AND OTHER INVESTMENTS (Tables)
 6 Months Ended
Jun. 30, 2022
Receivables [Abstract]  
Schedule of Loans Receivable and Other Investments
As of June 30, 2022 and December 31, 2021, the Company’s loans receivable and other investments consisted of the following (dollars in thousands):
As of June 30, 2022
Investment
Quantity
as of
June 30, 2022
Property Type
Principal Balance
as of
June 30, 2022 (1)
Book Value
as of
June 30, 2022
Book Value
as of
December 31, 2021		Weighted Average Contractual Interest Rate / Rate of ReturnWeighted Average Annualized Effective Interest Rate / Rate of Return
Maturity Date
as of
June 30, 2022
Loans Receivable:
Mortgage2 Behavioral Health$309,000 $309,000 $309,000 7.7 %7.7 %11/01/26 - 01/31/27
Construction— —— — 3,347 — — —
Other12 Multiple38,693 34,881 36,028 6.8 %6.1 %11/30/22 - 08/31/28
14 347,693 343,881 348,375 7.6 %7.5 %
Allowance for loan losses— (6,612)(6,344)
$347,693 $337,269 $342,031 
Other Investments:
Preferred Equity8 Skilled Nursing / Senior Housing57,861 58,073 57,055 11.0 %10.9 %N/A
Total 22 $405,554 $395,342 $399,086 8.0 %8.0 %
(1)    Principal balance includes amounts funded and accrued but unpaid interest / preferred return and excludes capitalizable fees.