v3.24.1.u1
Properties (Tables)
 3 Months Ended
Mar. 31, 2024
Real Estate [Abstract]  
Schedule of Properties
The table below summarizes our properties held-for-investment as of March 31, 2024 and December 31, 2023 (dollars in thousands):
Depreciable LifeMarch 31, 2024December 31, 2023
Property Segment
Land and land improvements
0 - 12 years
$69,138 $68,923 
Buildings and building improvements
0 - 40 years
630,325 629,511 
Furniture & fixtures
3 - 5 years
691 608 
Investing and Servicing Segment
Land and land improvements
0 - 15 years
20,229 20,229 
Buildings and building improvements
3 - 40 years
65,527 65,433 
Furniture & fixtures
2 - 5 years
2,921 2,899 
Commercial and Residential Lending Segment
Land and land improvements
N/A
79,361 79,361 
Buildings and building improvements
0 - 50 years
139,538 139,538 
Construction in progress
N/A
222,842 218,205 
Furniture & fixtures
5 years
2,003 2,003 
Properties, cost1,232,575 1,226,710 
Less: accumulated depreciation(188,010)(180,326)
Properties, net$1,044,565 $1,046,384