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Schedule IV - Mortgage Loans on Real Estate - Mortgage Loans on Real Estate (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Carrying amount $ 130,745 $ 87,359 $ 73,102
Balance at January 1, 87,359 73,102 32,246
New mortgage and other loans (1) [1] 43,519 75,063 55,307
Loan repayments (2) [2] (35) (60,211) (13,646)
Collections of principal (98) (95) (130)
Allowance for credit losses 0 (500) (370)
Other adjustments 0 0 (305)
Balance at December 31, 130,745 $ 87,359 $ 73,102
Mortgage Loans [Member]      
Face amount 138,818    
Carrying amount [3] 130,745    
Allowance for Credit losses: [3] (1,300)    
Balance at December 31, [3] 130,745    
Retail Site [Member] | Borrower I [Member] | Mortgage Loans [Member]      
Face amount [4] 6,485    
Carrying amount [3],[4] 6,485    
Balance at December 31, [3],[4] $ 6,485    
Retail Site [Member] | Gresham, OR [Member] | Borrower A [Member] | Mortgage Loans [Member]      
Interest rate 8.00%    
Face amount $ 25,000    
Carrying amount [3] 25,000    
Balance at December 31, [3] $ 25,000    
Retail Site [Member] | Apopka, FL [Member] | Borrower B [Member] | Mortgage Loans [Member]      
Interest rate 14.00%    
Face amount $ 11,211    
Carrying amount [3] 11,211    
Balance at December 31, [3] $ 11,211    
Retail Site [Member] | Lynwood, CA [Member] | Borrower C [Member] | Mortgage Loans [Member]      
Interest rate 9.00%    
Face amount $ 16,463    
Carrying amount [3] 16,463    
Balance at December 31, [3] $ 16,463    
Retail Site [Member] | Crystal Lake, IL [Member] | Borrower D [Member] | Mortgage Loans [Member]      
Interest rate [5] 10.50%    
Face amount [5] $ 7,308    
Carrying amount [3],[5] 7,308    
Balance at December 31, [3],[5] $ 7,308    
Retail Site [Member] | Jacksonville, FL [Member] | Borrower E [Member] | Mortgage Loans [Member]      
Interest rate 10.00%    
Face amount $ 15,000    
Carrying amount [3] 15,000    
Balance at December 31, [3] $ 15,000    
Retail Site [Member] | San Antonio, Texas [Member] | Borrower F [Member] | Mortgage Loans [Member]      
Interest rate 12.50%    
Face amount $ 21,500    
Carrying amount [3] 16,359    
Balance at December 31, [3] $ 16,359    
Retail Site [Member] | Fairfax, VA [Member] | Borrower G [Member] | Mortgage Loans [Member]      
Interest rate 8.00%    
Face amount $ 14,000    
Carrying amount [3] 14,000    
Balance at December 31, [3] $ 14,000    
Retail Site [Member] | Euless, TX [Member] | Borrower H [Member] | Mortgage Loans [Member]      
Interest rate 10.00%    
Face amount $ 19,600    
Carrying amount [3] 19,600    
Balance at December 31, [3] 19,600    
Nonretail [Member] | Borrower A [Member] | Mortgage Loans [Member]      
Face amount [6] 1,854    
Carrying amount [3],[6] 305    
Balance at December 31, [3],[6] $ 305    
Nonretail [Member] | Borrower A [Member] | Other Financing Loans [Member]      
Interest rate 7.00%    
Face amount $ 397    
Carrying amount [3] 314    
Balance at December 31, [3] $ 314    
[1] During 2021, the Company acquired $13.4 million of mortgage loan receivables in connection with the merger with Weingarten.
[2] During 2022, the Company recognized $4.0 million of profit participation related to the repayment of a mortgage loan, which is included in Other income, net on the Company’s Consolidated Statements of Income.
[3] The aggregate cost for Federal income tax purposes was approximately $130.7 million as of December 31, 2023.
[4] Comprised of two separate loans with original loan amounts ranging from $3.1 million to $3.4 million.
[5] There was an outstanding undrawn mortgage loan balance of $7.0 million as of December 31, 2023, for which the Company, as a lender, accrues interest at a rate of 0.5% per annum.
[6] Comprised of two separate loans with original loan amounts ranging from $0.5 million to $1.9 million.