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Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2018
Commitments and Contingencies  
Schedule of commitments

At June 30, 2018, we had commitments as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

Investment

 

2018

 

Commitment

 

Remaining

 

 

Commitment

 

Funding

 

Funded

 

Commitment

Real estate properties (Note 2. Real Estate Investments)

 

$

92,971

(1)

$

17,847

 

$

42,846

 

$

50,125

Accrued incentives and earn-out liabilities

 

 

23,000

 

 

 —

 

 

 —

 

 

23,000

Lease incentives and rent abatements (Note 5. Lease Incentives)

 

 

7,380

 

 

2,546

 

 

4,791

 

 

2,589

Mortgage loans (Note 2. Real Estate Investments)

 

 

58,700

(2)

 

4,254

 

 

21,505

 

 

37,195

Joint venture investments (Note 3. Investments in Unconsolidated Joint Ventures)

 

 

25,650

 

 

497

 

 

23,511

 

 

2,139

Notes receivable (Note 4. Notes Receivable)

 

 

500

 

 

 —

 

 

 —

 

 

500

Total

 

$

208,201

 

$

25,144

 

$

92,653

 

$

115,548

(1)

Represents commitments to purchase land and improvements, if applicable, and to develop, re-develop, renovate or expand seniors housing and health care properties.

 

(2)

Represents commitments to expand and renovate and contingent funding upon the borrower achieving certain coverage ratios.