XML 67 R27.htm IDEA: XBRL DOCUMENT
v3.2.0.727

Loans Receivable (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2015
Receivables [Abstract] |
Summary of Loans Receivable | 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.

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

X
- 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
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration