XML 48 R30.htm IDEA: XBRL DOCUMENT
v3.20.4

Schedule IV - Mortgage Loans on Commercial Real Estate | 12 Months Ended
--- | ---
Dec. 31, 2020
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract] |
Schedule IV - Mortgage Loans on Commercial Real Estate |
December 31, 2020
Schedule IV - Mortgage Loans on Commercial Real Estate
Description | Location |  | Prior Liens (1) |  | Face Amount |  | Carrying Amount |  | Interest Rate (2) |  | LIBOR Floor |  | Payment Terms |  | Maturity Date (3)
Mezzanine debt investments | (dollars in thousands)
Retail | MA |  | $ | 61,329 |  |  | $ | 10,000 |  |  | $ | — |  |  | 10.14% |  | N/A |  | Interest Only |  | 9/6/2023
Office | LA |  | 60,212 |  |  | 8,700 |  |  | 8,258 |  |  | 10.75% |  | N/A |  | Interest Only |  | 10/1/2023
Retail | OH |  | 124,750 |  |  | 36,603 |  |  | — |  |  | 9.50% |  | N/A |  | Interest Only |  | 12/1/2023
Office | NJ |  | — |  |  | 9,922 |  |  | 9,369 |  |  | LIBOR+10.48% |  | 0.25% |  | Interest Only |  | 9/15/2020
Office | CA |  | — |  |  | 23,013 |  |  | 23,012 |  |  | LIBOR+4.84% |  | 0.16% |  | Interest Only |  | 1/3/2022
Office | CA |  | 104,682 |  |  | 10,281 |  |  | 10,281 |  |  | LIBOR+6.79% |  | 0.16% |  | Interest Only |  | 1/3/2022
Hotel | LA |  | 81,200 |  |  | 14,800 |  |  | 6,796 |  |  | LIBOR+9.75% |  | 0.16% |  | Interest Only |  | 9/9/2022
Retail | CO |  | — |  |  | 3,436 |  |  | 3,405 |  |  | LIBOR+5.00% |  | 1.20% |  | Interest Only |  | 11/8/2022
Office | FL |  | — |  |  | 18,363 |  |  | 18,052 |  |  | LIBOR+3.30% |  | 1.90% |  | Interest Only |  | 5/9/2023
Office | TX |  | — |  |  | 19,436 |  |  | 19,064 |  |  | LIBOR+3.75% |  | 1.25% |  | Interest Only |  | 8/9/2023
Office | TX |  | — |  |  | 15,000 |  |  | 14,884 |  |  | LIBOR+3.45% |  | 2.25% |  | Interest Only |  | 3/5/2024
Retail | NC |  | — |  |  | 3,292 |  |  | 2,684 |  |  | LIBOR+3.40% |  | 2.25% |  | Interest Only |  | 3/9/2024
Office | CA |  | — |  |  | 8,415 |  |  | 8,351 |  |  | LIBOR+3.00% |  | 1.5% |  | Interest Only |  | 1/9/2026
First mortgages |  |  |  |  |  |  |  |  |  |  |  |  |  |
Office | NJ |  | $ | — |  |  | $ | 53,968 |  |  | $ | 50,956 |  |  | LIBOR+3.40% |  | 0.25% |  | Interest Only |  | 9/15/2020
Office | TX |  | — |  |  | 67,281 |  |  | 66,169 |  |  | LIBOR+3.75% |  | 1.25% |  | Interest Only |  | 8/9/2023
Hotel | TX |  | — |  |  | 8,038 |  |  | 7,827 |  |  | LIBOR+3.75% |  | 2.00% |  | Interest Only |  | 10/9/2023
Office | TX |  | — |  |  | 12,000 |  |  | 11,907 |  |  | LIBOR+3.45% |  | 2.25% |  | Interest Only |  | 3/5/2024
Retail | NC |  | — |  |  | 393 |  |  | 330 |  |  | LIBOR+3.40% |  | 2.25% |  | Interest Only |  | 3/9/2024
Retail | CA |  | — |  |  | 40,029 |  |  | 35,356 |  |  | LIBOR+3.40% |  | 2.06% |  | Interest Only |  | 3/5/2024
Healthcare | WA |  | — |  |  | 20,152 |  |  | 19,873 |  |  | LIBOR+3.40% |  | 1.75% |  | Interest Only |  | 10/1/2023
Multifamily | DE |  | — |  |  | 31,469 |  |  | 31,257 |  |  | LIBOR+2.90% |  | 1.75% |  | Interest Only |  | 11/8/2023
Industrial | AZ |  | — |  |  | 15,212 |  |  | 14,872 |  |  | LIBOR+3.50% |  | 1.60% |  | Interest Only |  | 12/9/2024
Industrial | NC |  | — |  |  | 15,874 |  |  | 14,641 |  |  | LIBOR+2.85% |  | 1.85% |  | Interest Only |  | 12/9/2024
Multifamily | NY |  | — |  |  | 37,403 |  |  | 36,062 |  |  | LIBOR+3.25% |  | 1.75% |  | Interest Only |  | 1/9/2025
Multifamily | NY |  | — |  |  | 238 |  |  | 232 |  |  | LIBOR+3.25% |  | 1.75% |  | Interest Only |  | 1/9/2025
Office | FL |  | — |  |  | 85,067 |  |  | 84,443 |  |  | LIBOR+3.00% |  | 1.50% |  | Interest Only |  | 1/9/2026
|  |  |  |  | $ | 568,385 |  |  | $ | 498,081 |  |  |  |  |  |  |  |  |
(1) Represents third-party priority liens. (2) LIBOR represents the one month London Interbank Offer Rate. (3) Assumes all extension options are exercised.

X
- References No definition available. + Details
Name: | srt_MortgageLoansOnRealEstateAbstract
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate. Includes, but is not limited to, information for each mortgage loan receivable equaling or exceeding three percent of carrying amount of mortgage. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 29 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 948 -SubTopic 310 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29) -URI http://asc.fasb.org/extlink&oid=120402547&loc=d3e617274-123014 + Details
Name: | srt_MortgageLoansOnRealEstateByLoanDisclosureTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration