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Debt Warehouse Facilities (Tables)
12 Months Ended
Dec. 31, 2016
Warehouse Facilities [Abstract]  
Schedule of Line of Credit Facilities [Table Text Block]
Warehouse Facilities
 
December 31, 2016
 
December 31, 2015
($ in millions)
Outstanding Balance
Maximum Capacity
 
Outstanding Balance
Maximum Capacity
Warehouse Facilities:
 
 
 
 
 
LIBOR plus 1.4%, expires September 25, 2017
135.2

275.0

 


LIBOR plus 1.4%, expires September 22, 20171
314.7

650.0

 


LIBOR plus 1.6%, expires March 31, 2017
15.0

100.0

 
18.4

100.0

LIBOR plus 1.5%, expired October 17, 2016


 
63.4

175.0

LIBOR plus 1.5%, expired September 22, 2016


 
38.0

175.0

Variable rate, non-committed


 
128.7

200.0

Fannie Mae ASAP program, LIBOR plus 1.30% to 1.45%
116.1

n/a

 
14.6

n/a

Gross warehouse facilities
581.0

1,025.0

 
263.1

650.0

Debt issuance costs
(0.9
)
n/a

 

n/a

Total warehouse facilities
580.1

1,025.0

 
263.1

650.0

1 JLL entered into an additional temporary agreement from December 1, 2016 through February 28, 2017 that increased the commitment balance to $650.0 million. Once this temporary agreement expires, the commitment balance will revert back to $250.0 million.