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Notes Receivable
3 Months Ended
Mar. 31, 2020
Notes Receivable.  
Notes Receivable

4.

Notes Receivable

Notes receivable consists of mezzanine loans and other loan arrangements. The following table is a summary of our notes receivable components as of March 31, 2020 and December 31, 2019 (in thousands):

​

​

​

​

​

​

​

​

March 31, 2020

​

December 31, 2019

 

Mezzanine loans

$

13,284

​

$

13,284

​

Other loans

​

4,664

​

​

4,824

​

Notes receivable reserve

​

(179)

​

​

(181)

​

Total

$

17,769

​

$

17,927

​

​

The following table summarizes our notes receivable activity for the three months ended March 31, 2020 and 2019 (in thousands):

​

​

​

​

​

​

​

​

Three Months Ended March 31,

​

​

2020

​

​

2019

​

Advances under notes receivable

$

141

​

$

6,953

​

Principal payments received under notes receivable

​

—

​

​

(41)

​

Reclassified to lease incentives

​

(300)

(1)

​

—

​

Notes receivable reserve

​

1

​

​

(69)

​

Total

$

(158)

​

$

6,843

​

(1)Represents an interim working capital loan related to a development project which matured upon completion of the development project and commencement of the lease.