v3.26.1
Notes and Other Receivables (Tables)
 6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Schedule of Notes and Other Receivables
Notes and other receivables consisted of the following as of June 30, 2026 and December 31, 2025 ($ in thousands):
 June 30, 2026December 31, 2025
Note receivable, secured, bearing interest at 9.00%, due October 2026 (Originated October 2021)
$64,193 $64,193 
Note receivable, secured, bearing interest at 11.25%, due October 2027 (Originated October 2022)
— 43,941 
Other receivables from affiliates (1) (2)
6,664 5,215 
Straight-line rent receivables (3)
9,866 10,259 
Other receivables15,944 18,538 
Allowance for credit losses(333)(555)
Total notes and other receivables$96,334 $141,591 

(1)See Note 6, Related Party Transactions, for additional details.
(2)These amounts consist of short-term loans outstanding and due from various joint ventures as of June 30, 2026 and December 31, 2025, respectively.
(3)These amounts are receivables from lease concessions recorded on a straight-line basis for the Company’s operating properties.
Schedule of Allowance for Credit Losses
The activity in the allowance for credit losses for notes receivable, secured, for the periods presented was as follows ($ in thousands):
Three Months Ended June 30,
20262025
Mezzanine LoansBridge LoansTotalMezzanine LoansBridge LoansTotal
Balance at beginning of period$559 $30 $589 $526 $— $526 
Provision for credit losses(226)(30)(256)14 — 14 
Balance at end of period$333 $— $333 $540 $— $540 
Six Months Ended June 30,
20262025
Mezzanine LoansBridge LoansTotalMezzanine LoansBridge LoansTotal
Balance at beginning of period$555 $— $555 $529 $— $529 
Provision for credit losses(222)— (222)11 — 11 
Balance at end of period$333 $— $333 $540 $— $540