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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 39,323 $ 54,964
Mortgage notes receivable, net 784,881 881,950
Interest and fees receivable, net 12,902 14,775
Investment in real property held for sale, net 36,096 24,516
Investment in real property held for use, net 155,207 63,382
Right-of-use assets 5,503 5,609
Other assets 5,538 6,311
Total assets 1,039,450 1,051,507
Liabilities and stockholders' equity    
Senior unsecured notes, net 97,932 97,789
Dividends payable 4,612 4,654
Accounts payable and accrued liabilities 9,988 13,489
Lease liabilities 7,394 7,522
Total liabilities 119,926 123,454
Commitments and contingencies (Note 11)
Stockholders' equity:    
Preferred stock, $0.001 par value, 100,000,000 shares authorized, no shares issued and outstanding at March 31, 2023 and December 31, 2022 0 0
Common stock, $0.001 par value, 500,000,000 shares authorized, 131,750,308 and 131,645,145 issued and outstanding at March 31, 2023 and December 31, 2022, respectively 131 131
Additional paid in capital 1,215,933 1,215,229
Accumulated deficit (296,540) (287,307)
Total stockholders' equity 919,524 928,053
Total liabilities and stockholders' equity $ 1,039,450 $ 1,051,507