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Real Estate Owned (Tables)
6 Months Ended
Jun. 30, 2015
Real Estate [Abstract]  
Summary of carrying amounts for real estate owned (at cost)
The following table summarizes the carrying amounts for our real estate owned (at cost) as of June 30, 2015 and December 31, 2014 (dollars in thousands):
 
June 30,
2015
 
December 31, 2014
Land and land improvements
$
1,919,597

 
$
1,980,221

Depreciable property — held and used:
 
 
 
Building, improvements, and furniture, fixtures and equipment
6,413,037

 
6,225,406

Under development:
 
 
 
Land and land improvements
78,085

 
24,584

Building, improvements, and furniture, fixtures and equipment
14,560

 
153,048

Real estate owned
8,425,279

 
8,383,259

Accumulated depreciation
(2,557,949
)
 
(2,434,772
)
Real estate owned, net
$
5,867,330

 
$
5,948,487