Notes Receivable, Net (Tables)

6 Months Ended

Jun. 30, 2021

Accounts And Notes Receivable Net [Abstract]

Schedule of Notes Receivable

The Company’s notes receivable, net are generally collateralized either by the underlying properties or the borrowers’ ownership interests in the entities that own the properties, and were as follows (dollars in thousands):

	June 30,			December 31,			June 30, 2021
Description	2021			2020			Number		Maturity Date	Interest Rate
Core Portfolio (a)	$	112,794		$	96,794			7	Apr 2020 - Dec 2027	4.65% - 9.00%
Fund III		5,306			5,306			1	Jul 2020	18.00%
Total notes receivable		118,100			102,100
Allowance for credit loss		(820	)		(650	)
Notes receivable, net	$	117,280		$	101,450			8

Includes two notes receivable from OP Unit holders, with balances totaling $6.5 million at June 30, 2021 and December 31, 2020.