Mortgages Receivable, net - CECL Allowance by Property Type (Details) - USD ($) |
Mar. 31, 2024 |
Dec. 31, 2023 |
Jan. 31, 2023 |
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Mortgages Receivable | |||
Total | $ 490,743,000 | $ 499,235,000 | |
Less: Allowance for credit losses | (8,053,252) | (7,523,160) | $ (7,523,160) |
Carrying value, net | $ 482,690,418 | $ 491,712,211 | |
% of Portfolio | 100.00% | 100.00% | |
Residential | |||
Mortgages Receivable | |||
Total | $ 243,965,000 | $ 246,520,000 | |
% of Portfolio | 49.70% | 49.40% | |
Commercial | |||
Mortgages Receivable | |||
Total | $ 179,122,000 | $ 186,524,000 | |
% of Portfolio | 36.50% | 37.40% | |
Pre-Development Land | |||
Mortgages Receivable | |||
Total | $ 37,210,000 | $ 35,920,000 | |
% of Portfolio | 7.60% | 7.20% | |
Mixed Use | |||
Mortgages Receivable | |||
Total | $ 30,446,000 | $ 30,271,000 | |
% of Portfolio | 6.20% | 6.00% |
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- Definition It represents the percentage of portfolio in financing receivable. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount excluding accrued interest, of allowance for credit loss on financing receivable. Excludes net investment in lease. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amortized cost excluding accrued interest, after allowance for credit loss, of financing receivable. Excludes net investment in lease. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amortized cost excluding accrued interest, before allowance for credit loss, of financing receivable. Excludes net investment in lease. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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