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Loans Receivable (Tables) | 3 Months Ended
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Mar. 31, 2015
Receivables [Abstract] |
Summary of Loans Receivable | The following is a summary of our loans receivable as of March 31, 2015 and December 31, 2014:
| Loan carrying-value(1) |  |  |
Loan |  | 3/31/2015 |  | 12/31/2014 |  | Interest Rate |  | Maturity Date
Westmont, IL(2) |  | $ | 12,221 |  |  | $ | 12,152 |  |  | 6.45 | % |  | 10/2015
Southfield, MI(3) |  | 3,310 |  |  | 3,296 |  |  | 4.55 | % |  | 02/2015
Austin, TX |  | 2,914 |  |  | 2,800 |  |  | 16.00 | % |  | 10/2018
Kennewick, WA |  | 85,314 |  |  | 85,254 |  |  | 9.00 | % |  | 05/2022
Other |  | 2,068 |  |  | 2,133 |  |  | 8.00 | % |  | 2021-2022
|  | $ | 105,827 |  |  | $ | 105,635 |  |  |  |  |
(1) | Loan carrying value includes accrued interest and is net of origination costs and loan losses, if any.
(2) | Borrowers are in default and the Company commenced foreclosure proceedings. The tenant at the office property constituting the collateral terminated its lease. The Company recognized an impairment of $13,939 during 2013. During the three months ended March 31, 2015 and 2014, the Company recognized $0 and $425 of interest income relating to the impaired loan, respectively, and the loan had an average recorded investment value of $12,510 and $12,561, respectively. At March 31, 2015, the impaired loan receivable had a contractual unpaid balance of $29,455.
(3) | The Company recorded a $2,500 loan loss in the fourth quarter of 2014 as the Company determined it was probable that it would not collect the amount owed at maturity. During the three months ended March 31, 2015, the Company recognized $14 of interest income relating to the impaired loan and the loan had an average recorded investment of $3,303. At March 31, 2015, the impaired loan receivable had a contractual unpaid balance of $6,083. See note 15.

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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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