|
Notes Receivable Backed by Real Estate (Details) (USD $)
In Thousands, unless otherwise specified |
6 Months Ended | |
|---|---|---|
|
Jun. 30, 2012
|
Dec. 31, 2011
Property
|
|
| Summary of notes receivable backed by real estate | ||
| Beginning balance | $ 322,834 | |
| Elimination upon acquisition of NAIF II | (78,864) | |
| Accrued interest, (interest payments received), net | 1,684 | |
| Ending balance | 245,654 | |
| Purchased debt securitized by properties | 12 | |
|
$188 million Preferred Equity Interest [Member]
|
||
| Summary of notes receivable backed by real estate | ||
| Beginning balance | 188,000 | |
| Accrued interest, (interest payments received), net | 1,694 | |
| Ending balance | 189,694 | |
|
$55 million preferred equity interest [Member]
|
||
| Summary of notes receivable backed by real estate | ||
| Beginning balance | 55,970 | |
| Accrued interest, (interest payments received), net | (10) | |
| Ending balance | 55,960 | |
|
NAIF II Secured Mortgage Receivable [Member]
|
||
| Summary of notes receivable backed by real estate | ||
| Beginning balance | 78,864 | |
| Elimination upon acquisition of NAIF II | $ (78,864) |