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OTHER INVESTMENTS (Tables)
12 Months Ended
Dec. 31, 2018
Notes Receivable [Member]  
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Schedule of other investments

A summary of our other investments is as follows:

 

 

 

 

 

 

 

 

 

 

December 31, 

 

 

2018

    

2017

 

 

(in thousands)

Other investment notes due 2018-2022; interest at 9.91% (1)

 

$

40,242

 

$

15,115

Other investment note due 2019; interest at 9.35%

 

 

131,452

 

 

 —

Other investment notes due 2020; interest at 13.06% (1)

 

 

71,036

  

 

49,490

Other investment notes due 2023; interest at 7.32% (1)

 

 

65,000

  

 

64,050

Other investment note due 2023; interest at 12.00%

 

 

59,454

  

 

49,708

Other investment notes due 2024-2025; interest at 8.38% (1)

 

 

46,287

  

 

31,987

Other investment notes outstanding (2)

 

 

91,155

  

 

66,365

Other investments, gross

 

 

504,626

  

 

276,715

Allowance for loss on other investments (3)

 

 

 —

  

 

(373)

Total other investments

 

$

504,626

 

$

276,342


(1)

Approximate weighted average interest rate as of December 31, 2018.

(2)

Other investment notes have a weighted average interest rate of 8.06% and maturity dates through 2028.

(3)

The allowance for loss on other investments relates to one loan with an operator that has been fully reserved at December 31, 2017 and written off during 2018.