Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Accounting Policies [Abstract]

Estimated Useful Lives of Related Real Estate and Other Assets

Depreciation is calculated on the straight-line method over the estimated useful lives of the related real estate and other assets. Our weighted-average useful lives at December 31, 2021 are as follows:

Buildings and improvements	35.8 years
Lease intangibles	24.9 years
Leasehold improvements	17.0 years
Furniture, equipment, and other	7.6 years

Summary of Credit Loss Reserves

The following table summarizes our credit loss reserves (in thousands):

	December 31, 2021			December 31, 2020
Balance at beginning of the year	$	8,726		$	—
Cumulative effect of change in accounting principle		—			8,399
Provision for credit loss		41,710			3,255
Expected credit losses related to financial instruments sold     or repaid		(1,909	)		(2,928	)
Balance at end of year	$	48,527		$	8,726