Concentration of Credit Risk	6 Months Ended
Jun. 30, 2024
Concentration of Credit Risk
Concentration of Credit Risk	14. Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash, cash equivalents, investments in securities, investments in partnerships, and mortgage loans. The Company maintains its cash and cash equivalents with various financial institutions. Accounts at the financial institution are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000, per depositor. As of June 30, 2024, 36.3% of the properties securing the Company’s mortgage loans were located in Connecticut, 28.4% in Florida, and 12.8% in New York. The Company’s mortgage loans are categorized into four property types, which as of June 30, 2024 were; Residential (58.0%), Commercial (29.3%), Pre-Development Land (6.8%), and Mixed Use (5.9%). These concentrations of credit risk may be affected by changes in economic or other conditions of the particular geographic area or particular asset type that collateralize the Company’s mortgage loans. Credit risks associated with the Company’s mortgage loan portfolio and related interest receivable are described in Note 4 - Mortgages Receivable, net.

Concentration of Credit Risk

6 Months Ended

Jun. 30, 2024

14. Concentration of Credit Risk

Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash, cash equivalents, investments in securities, investments in partnerships, and mortgage loans.

The Company maintains its cash and cash equivalents with various financial institutions. Accounts at the financial institution are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000, per depositor.

As of June 30, 2024, 36.3% of the properties securing the Company’s mortgage loans were located in Connecticut, 28.4% in Florida, and 12.8% in New York. The Company’s mortgage loans are categorized into four property types, which as of June 30, 2024 were; Residential (58.0%), Commercial (29.3%), Pre-Development Land (6.8%), and Mixed Use (5.9%). These concentrations of credit risk may be affected by changes in economic or other conditions of the particular geographic area or particular asset type that collateralize the Company’s mortgage loans.

Credit risks associated with the Company’s mortgage loan portfolio and related interest receivable are described in Note 4 - Mortgages Receivable, net.