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Loans Receivable | 6 Months Ended
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Jun. 30, 2015
Receivables [Abstract] |
Loans Receivable | Loans Receivable As of June 30, 2015 and December 31, 2014, the Company's loans receivable 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, 2015 and December 31, 2014:
| Loan carrying-value(1) |  |  |
Loan |  | 6/30/2015 |  | 12/31/2014 |  | Interest Rate |  | Maturity Date
Westmont, IL(2) |  | $ | 12,469 |  |  | $ | 12,152 |  |  | 6.45 | % |  | 10/2015
Southfield, MI(3) |  | — |  |  | 3,296 |  |  | 4.55 | % |  | 02/2015
Kennewick, WA |  | 85,364 |  |  | 85,254 |  |  | 9.00 | % |  | 05/2022
Oklahoma City, OK(4) |  | 8,474 |  |  | — |  |  | 11.50 | % |  | 10/2015
Austin, TX(5) |  | — |  |  | 2,800 |  |  | 16.00 | % |  | 10/2018
Other |  | 2,002 |  |  | 2,133 |  |  | 8.00 | % |  | 2021-2022
|  | $ | 108,309 |  |  | $ | 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 six months ended June 30, 2015 and 2014, the Company recognized $0 and $853 of interest income relating to the impaired loan, respectively, and the loan had an average recorded investment value of $12,671 and $12,514, respectively. At June 30, 2015, the impaired loan receivable had a contractual unpaid balance of $30,611. See note 15.
(3) | In April 2015, the Company acquired the office property collateral from the borrower. During the six months ended June 30, 2015, the Company recognized $14 of interest income relating to the impaired loan.
(4) | In June 2015, the Company loaned a tenant-in-common $8,420. The loan is secured by the tenant-in-common's interest in an office property, in which the Company has a 40% interest.
(5) | In June 2015, the borrower satisfied the loan with a $3,545 payment, which included yield maintenance.
Prior to December 31, 2014, the Company had two types of financing receivables: loans receivable secured by commercial real estate and a capitalized financing lease. The Company determined that its financing receivables operated within one portfolio segment as they were within the same industry and used the same impairment methodology. The capitalized financing lease, for a commercial office property located in Greenville, South Carolina, was sold in December 2014. 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 (1) are collateralized by commercial real estate and (2) 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, 2015, the financing receivables were performing as anticipated and there were no significant delinquent amounts outstanding, other than 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 310 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=35738203&loc=d3e5066-111524 Reference 2: 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 3: 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 Reference 4: 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 5: 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 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 3, 4 -Article 5 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 7 -Article 9 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph k -Article 4 + Details
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