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Loans Receivable (Tables)
 9 Months Ended
Sep. 30, 2024
Receivables [Abstract]  
Summary of Real Estate Loans Receivable The following is a summary of our loans receivable (in thousands):
 September 30, 2024December 31, 2023
Mortgage loans$1,576,567 $1,057,516 
Other real estate loans290,419 324,660 
Allowance for credit losses on real estate loans receivable(26,533)(20,589)
Real estate loans receivable, net of credit allowance1,840,453 1,361,587 
Non-real estate loans274,814 503,993 
Allowance for credit losses on non-real estate loans receivable(27,396)(173,874)
Non-real estate loans receivable, net of credit allowance247,418 330,119 
Total loans receivable, net of credit allowance$2,087,871 $1,691,706 
Summary of Real Estate Loan Activity
The following is a summary of our loan activity for the periods presented (in thousands):    
 Nine Months Ended
 September 30, 2024September 30, 2023
Advances on loans receivable$603,619 $328,554 
Less: Receipts on loans receivable250,791 68,404 
Net cash advances (receipts) on loans receivable$352,828 $260,150 
Summary of Financing Receivable, Allowance for Credit Loss The following is a summary of our loans by credit loss category (in thousands):
September 30, 2024
Loan categoryYears of OriginationLoan Carrying ValueAllowance for Credit LossNet Loan BalanceNo. of Loans
Deteriorated loans2007 - 2023$28,526 $(26,370)$2,156 4 
Collective loan pool2010 - 2019153,610 (1,991)151,619 11 
Collective loan pool202033,534 (434)33,100 5 
Collective loan pool2021915,539 (12,040)903,499 10 
Collective loan pool2022105,701 (1,370)104,331 14 
Collective loan pool2023332,429 (4,307)328,122 11 
Collective loan pool2024572,461 (7,417)565,044 10 
Total loans$2,141,800 $(53,929)$2,087,871 65 
The following is a summary of the allowance for credit losses on loans receivable for the periods presented (in thousands):                            
Nine Months Ended
September 30, 2024September 30, 2023
Balance at beginning of period$194,463 $164,249 
Provision for loan losses, net(1)
10,370 6,280 
Purchased deteriorated loan— 19,077 
Reserve for unrecognized interest added to principal— 2,066 
Loan write-offs(151,406)— 
Foreign currency translation502 92 
Balance at end of period$53,929 $191,764 
(1) Excludes the provision for loan loss on held-to-maturity debt securities.