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Loans Receivable (Notes) | 6 Months Ended
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Jun. 30, 2014
Receivables [Abstract] |
Loans Receivable | Loans Receivable As of June 30, 2014 and December 31, 2013, the Company's loans receivable, including accrued interest and net of origination fees and loan loss reserves, were comprised primarily of first and second mortgage loans and mezzanine loans on real estate. The following is a summary of our loans receivable as of June 30, 2014 and December 31, 2013:
| Loan carrying-value(1) |  |  |
Loan |  | 6/30/2014 |  | 12/31/2013 |  | Interest Rate |  | Maturity Date
Norwalk, CT(2) |  | $ | 32,159 |  |  | $ | 28,186 |  |  | 7.50 | % |  | 11/2014
Homestead, FL(3) |  | 10,311 |  |  | 10,239 |  |  | 7.50 | % |  | 08/2014
Westmont, IL(4) |  | 12,417 |  |  | 12,610 |  |  | 6.45 | % |  | 10/2015
Southfield, MI |  | 6,210 |  |  | 6,610 |  |  | 4.55 | % |  | 02/2015
Austin, TX |  | 2,586 |  |  | 2,389 |  |  | 16.00 | % |  | 10/2018
Kennewick, WA(5) |  | 56,467 |  |  | 37,030 |  |  | 9.00 | % |  | 05/2022
Other |  | 2,259 |  |  | 2,379 |  |  | 8.00 | % |  | 2021-2022
|  | $ | 122,409 |  |  | $ | 99,443 |  |  |  |  |
(1) | Loan carrying value includes accrued interest and is net of origination costs and loan losses, if any.
(2) | The Company is committed to lend up to $32,600.
(3) | The Company is committed to lend up to $10,660.
(4) | Borrower is delinquent on debt service payments. Tenant at office property collateral terminated its lease. The Company recognized an impairment of $13,939 during the fourth quarter of 2013. During the six months ended June 30, 2014, the Company recognized $853 of interest income relating to the impaired loan and the loan had an average recorded investment value of $12,514. At June 30, 2014, the impaired loan receivable had a contractual unpaid balance of $26,357.
(5) | The Company is committed to lend up to $85,000. Advances accrue interest at a current rate of 7.625% per annum through July 31, 2014 and at 9.00% per annum thereafter.
The Company has two types of financing receivables: loans receivable and a capitalized financing lease. The Company determined that its financing receivables operate within one portfolio segment as they are within the same industry and use the same impairment methodology. The Company's loans receivable are secured by commercial real estate assets and the capitalized financing lease is for a commercial office property located in Greenville, South Carolina. In addition, the Company assesses all financing receivables for impairment, when warranted, based on an individual analysis of each receivable. The Company's financing receivables operate within one class of financing receivables as these assets are collateralized by commercial real estate and similar metrics are used to monitor the risk and performance of these assets. The Company's management uses credit quality indicators to monitor financing receivables such as quality of collateral, the underlying tenant's credit rating and collection experience. As of June 30, 2014, the financing receivables were performing as anticipated and there were no significant delinquent amounts outstanding, other than the Westmont, Illinois loan as disclosed above.

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- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 3, 4 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=35738203&loc=d3e5074-111524 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=35738203&loc=d3e5066-111524 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 7 -Article 9 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(k)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph k -Article 4 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=35738203&loc=d3e5162-111524 + Details
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