Quarterly report pursuant to Section 13 or 15(d)

Credit Losses on Financial Assets and Other Instruments (Tables)

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Credit Losses on Financial Assets and Other Instruments (Tables)
 6 Months Ended
Jun. 30, 2024
Credit Loss [Abstract]  
Schedule of allowance for credit loss
The table below sets forth the activity for our allowance for credit losses for the six months ended June 30, 2024 and 2023 (in thousands):
Investing Receivables Tenant Notes
Receivable (1)		 Other Assets (2) Total
December 31, 2023 $ 2,377  $ 666  $ 153  $ 3,196 
Credit loss expense (3) 369  76  13  458 
June 30, 2024 $ 2,746  $ 742  $ 166  $ 3,654 
December 31, 2022 $ 2,794  $ 778  $ 268  $ 3,840 
Credit loss expense (recoveries) (3) 456  (44) (107) 305 
Write-offs —  (33) —  (33)
June 30, 2023 $ 3,250  $ 701  $ 161  $ 4,112 
(1)Included in the line entitled “accounts receivable, net” on our consolidated balance sheets.
(2)The balance as of June 30, 2024 and December 31, 2023 included $123,000 and $87,000, respectively, in the line entitled “accounts receivable, net” and $43,000 and $66,000, respectively, in the line entitled “prepaid expenses and other assets, net” on our consolidated balance sheets.
(3)Included in the line entitled “interest and other income, net” on our consolidated statements of operations.
Schedule of credit risk classification
The following table presents the amortized cost basis of our investing receivables, tenant notes receivable and sales-type lease receivables by credit risk classification, by origination year as of June 30, 2024 (in thousands):
Origination Year
2019 and Earlier
 2020 2021 2022 2023 2024 Total
Investing receivables:
Credit risk classification:
Investment grade $ 67,581  $ 2,592  $ 9,522  $ —  $ 273  $ —  $ 79,968 
Non-investment grade —  —  —  6,865  —  —  6,865 
Total $ 67,581  $ 2,592  $ 9,522  $ 6,865  $ 273  $ —  $ 86,833 
Tenant notes receivable:
Credit risk classification:
Investment grade $ 615  $ 73  $ —  $ —  $ —  $ —  $ 688 
Non-investment grade 130  1,370  —  —  —  467  1,967 
Total $ 745  $ 1,443  $ —  $ —  $ —  $ 467  $ 2,655 
Sales-type lease receivables:
Credit risk classification:
Investment grade $ —  $ 4,798  $ —  $ —  $ —  $ 965  $ 5,763