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Loans Receivable (Tables) | 9 Months Ended
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Sep. 30, 2014
Receivables [Abstract] |
Summary of Loans Receivable | The following is a summary of our loans receivable as of September 30, 2014 and December 31, 2013:
| Loan carrying-value(1) |  |  |
Loan |  | 9/30/2014 |  | 12/31/2013 |  | Interest Rate |  | Maturity Date
Norwalk, CT(2) |  | $ | 32,472 |  |  | $ | 28,186 |  |  | 7.50 | % |  | 11/2014
Homestead, FL(3) |  | — |  |  | 10,239 |  |  | 7.50 | % |  | 08/2014
Westmont, IL(4) |  | 12,326 |  |  | 12,610 |  |  | 6.45 | % |  | 10/2015
Southfield, MI |  | 6,005 |  |  | 6,610 |  |  | 4.55 | % |  | 02/2015
Austin, TX |  | 2,691 |  |  | 2,389 |  |  | 16.00 | % |  | 10/2018
Kennewick, WA(5) |  | 77,387 |  |  | 37,030 |  |  | 9.00 | % |  | 05/2022
Other |  | 2,196 |  |  | 2,379 |  |  | 8.00 | % |  | 2021-2022
|  | $ | 133,077 |  |  | $ | 99,443 |  |  |  |  |
(1) | Loan carrying value includes accrued interest and is net of origination costs and loan losses, if any.
(2) | Subsequent to September 30, 2014, the Company extended the maturity date of the loan to December 1, 2014 and increased the interest rate to 12.5%.
(3) | The loan was satisfied in August 2014.
(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 nine months ended September 30, 2014, the Company recognized $1,284 of interest income relating to the impaired loan and the loan had an average recorded investment value of $12,468. At September 30, 2014, the impaired loan receivable had a contractual unpaid balance of $26,265. Subsequent to September 30, 2014, the Company commenced a foreclosure proceeding.
(5) | The Company is committed to lend up to $85,000.

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- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + 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 + Details
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