XML 101 R76.htm IDEA: XBRL DOCUMENT v3.25.0.1
Notes Receivable and Current Expected Credit Losses - Additional Information (Details) - USD ($)
$ in Thousands
Aug. 08, 2024
Jul. 10, 2024
Jul. 26, 2023
May 25, 2023
May 19, 2023
Oct. 03, 2022
Mar. 23, 2022
Dec. 31, 2024
Dec. 31, 2023
Mar. 29, 2023
Jan. 01, 2023
Dec. 31, 2022
Notes Receivable                        
Allowance for notes receivable and unfunded commitments               $ 2,361 $ 2,204     $ 1,630
Current expected credit losses               509 732     338
Notes receivable, net               132,565 94,172      
Allowances for loan losses               1,852 $ 1,472     $ 1,292
Interlock                        
Notes Receivable                        
Redemption of mezzanine loan         $ 90,200              
Mezzanine Loan                        
Notes Receivable                        
Maximum principal commitment               121,900        
Solis City Park II | Mezzanine Loan                        
Notes Receivable                        
Maximum principal commitment   $ 25,800         $ 20,600 $ 0        
Interest rate             13.00% 13.00%        
Minimum interest   $ 5,200         $ 5,700          
Solis Gainesville II | Mezzanine Loan                        
Notes Receivable                        
Maximum principal commitment           $ 19,600   $ 19,595        
Interest rate           14.00%   10.00%        
Minimum interest           $ 5,900            
Financing receivable, unused commitment fee, percentage                     10.00%  
Solis Gainesville II | Mezzanine Loan | First Twenty Four Months                        
Notes Receivable                        
Interest rate                   14.00%    
Solis Gainesville II | Mezzanine Loan | Twenty Four and Thirty Six Months                        
Notes Receivable                        
Interest rate                   10.00%    
Solis Gainesville II | Mezzanine Loan | Thirty Six Months Through Maturity                        
Notes Receivable                        
Interest rate                   14.00%    
Solis Gainesville II | Mezzanine Loan | Financing Receivable Effective Period, Period Two                        
Notes Receivable                        
Financing Receivable, Preference Rate, Percentage   6.00%                    
Solis Kennesaw                        
Notes Receivable                        
Financing receivable, amortized through redemption       $ 600                
Solis Kennesaw | Mezzanine Loan                        
Notes Receivable                        
Maximum principal commitment       37,900       $ 37,870        
Interest rate               14.00%        
Minimum interest       $ 13,100                
Financing receivable, unused commitment fee, percentage       11.00%                
Solis Kennesaw | Mezzanine Loan | First Twenty Four Months                        
Notes Receivable                        
Interest rate       14.00%                
Solis Kennesaw | Mezzanine Loan | Twenty Four and Thirty Six Months                        
Notes Receivable                        
Interest rate       9.00%                
Solis Kennesaw | Mezzanine Loan | Thirty Six Months Through Maturity                        
Notes Receivable                        
Interest rate       14.00%                
Solis Peachtree Corners | Mezzanine Loan                        
Notes Receivable                        
Maximum principal commitment     $ 28,400         $ 28,440        
Interest rate               15.00%        
Minimum interest     $ 12,000                  
Financing receivable, unused commitment fee, percentage     10.00%                  
Financing receivable, amortized through redemption     $ 400                  
Solis Peachtree Corners | Mezzanine Loan | First Twenty Seven Months                        
Notes Receivable                        
Interest rate     15.00%                  
Solis Peachtree Corners | Mezzanine Loan | Twelve Months Beginning November 2025                        
Notes Receivable                        
Interest rate     9.00%                  
Solis Peachtree Corners | Mezzanine Loan | November 2026 Through Maturity                        
Notes Receivable                        
Interest rate     15.00%                  
The Allure at Edinburgh                        
Notes Receivable                        
Maximum principal commitment     $ 9,200                  
The Allure at Edinburgh | Mezzanine Loan                        
Notes Receivable                        
Maximum principal commitment               $ 9,228        
Interest rate               15.00%        
The Allure at Edinburgh | Mezzanine Loan | Prior To Certificate Of Occupancy                        
Notes Receivable                        
Interest rate     15.00%                  
The Allure at Edinburgh | Mezzanine Loan | After Certificate Of Occupancy                        
Notes Receivable                        
Interest rate     10.00%                  
Solis North Creek | Mezzanine Loan                        
Notes Receivable                        
Maximum principal commitment $ 26,800 $ 27,000           $ 26,767        
Interest rate               12.00%        
Minimum interest $ 8,800 $ 8,900                    
Financing receivable, unused commitment fee, percentage   4.50%                    
Solis North Creek | Mezzanine Loan | First Twenty Four Months                        
Notes Receivable                        
Interest rate   12.00%                    
Solis North Creek | Mezzanine Loan | Twenty Four and Thirty Six Months                        
Notes Receivable                        
Interest rate   9.00%                    
Solis North Creek | Mezzanine Loan | Thirty Six Months Through Maturity                        
Notes Receivable                        
Interest rate   12.00%