Other Real Estate Investments, Net (Tables)

3 Months Ended

Mar. 31, 2022

Investments, All Other Investments [Abstract]

Schedule of Loans Receivable and Other Investments

As of March 31, 2022 and December 31, 2021, the Company’s loans receivable and other investments consisted of the following (dollars in thousands):

								As of March 31, 2022
Investment	Financial Statement Line Item	Principal Balance as of March 31, 2022		Book Value as of March 31, 2022		Book Value as of December 31, 2021		Weighted Average Contractual Interest Rate		Maturity Date
Mezzanine loan receivable	Other real estate investments	$	15,000	$	15,155	$	15,155	12.0	%	11/30/2025
Other loans receivable	Prepaid expenses and other assets, net	5,516		5,523		3,161		8.0	%	9/1/2023 - 12/31/2023
Expected credit loss	Prepaid expenses and other assets, net	(4,594)		(4,594)		—
Total		$	15,922	$	16,084	$	18,316

Schedule of Interest and Other Income

The following table summarizes the interest and other income recognized from the Company’s loans receivable and other investments during the quarter ended March 31, 2022 and 2021 (dollars in thousands):

	For the Three Months Ended March 31,
Investment	2022		2021
Mezzanine loan receivable	$	450	$	450
Other	19		55
Total	$	469	$	505