Investment in Real Property (Tables)

12 Months Ended

Dec. 31, 2022

Real Estate [Abstract]

Schedule of carrying value of owned real estate

The following tables provide information about the carrying value of our owned real property at the dates indicated:

(dollars in thousands)	December 31, 2022		December 31, 2021
Collateral Type
Senior Housing	$	49,917	$	—
Offices		15,414		19,388
Single Family Housing		8,538		4,134
Townhomes		6,712		9,281
Apartments		5,024		—
Residential Lots		2,293		3,012
Condos		—		28,441
Retail		—		3,811
Total	$	87,898	$	68,067

	December 31, 2022				December 31, 2021
(dollars in thousands)	Number of Properties		Carrying Value		Number of Properties		Carrying Value
Collateral Type
Held for sale		7	$	24,516		5	$	52,531
Held for use		4		63,382		4		15,536
Total		11	$	87,898		9	$	68,067

Schedule of investment in real property, held for sale and held for use

For the years ended December 31, 2022, 2021 and 2020, we recorded the operating revenue, expenses, fixed asset depreciation and impairment in our consolidated statement of operations as shown below for investment in real property, held for sale and held for use, respectively:

	Held for Sale
(dollars in thousands)	December 31, 2022			December 31, 2021			December 31, 2020
Revenue from operations	$	276		$	—		$	—
Gain on sale		984
Less:
Operating expenses		1,990			101			168
Depreciation(1)		125			—			—
Impairment		6,111			—			—
Net loss from investment in real property, held for sale	$	(6,966	)	$	(101	)	$	(168	)

(1)Depreciation incurred for a real property before it was reclassified to held for sale.

	Held for Use
(dollars in thousands)	December 31, 2022			December 31, 2021			December 31, 2020
Revenue from operations	$	2,523		$	—		$	—
Less:
Operating expenses		3,697			7			—
Depreciation		553			—			—
Impairment		1,485			—			—
Net loss from investment in real property, held for use	$	(3,212	)	$	(7	)	$	—