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Agreements and Transactions with Related Parties (Details 2) (USD $)
Share data in Millions, unless otherwise specified
3 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 1 Months Ended 3 Months Ended 9 Months Ended 1 Months Ended 3 Months Ended 9 Months Ended 1 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 1 Months Ended 3 Months Ended 9 Months Ended 1 Months Ended 3 Months Ended 9 Months Ended 1 Months Ended 3 Months Ended 9 Months Ended 1 Months Ended 3 Months Ended 9 Months Ended 1 Months Ended 3 Months Ended 9 Months Ended 1 Months Ended 9 Months Ended 3 Months Ended 1 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Sep. 30, 2014
Minimum
Sep. 30, 2014
Mezzanine Loans
Dec. 31, 2013
Mezzanine Loans
Sep. 30, 2014
Preferred equity investments
Dec. 31, 2013
Preferred equity investments
Sep. 30, 2014
Bridge Loans
Dec. 31, 2013
Bridge Loans
Mar. 31, 2014
Maturity date of March 2016
Bridge Loans
Sep. 30, 2014
Maturity date of March 2016
Bridge Loans
Sep. 30, 2014
Maturity date of March 2016
Bridge Loans
Sep. 30, 2014
ACM
Dec. 31, 2013
ACM
Mar. 31, 2014
ACM
Maturity date of March 2016
Bridge Loans
Sep. 30, 2014
ACM
Maturity date of June 2014
Mar. 31, 2014
ACM
Maturity date of June 2014
Sep. 30, 2013
ACM
Maturity date of June 2014
Sep. 30, 2014
ACM
Maturity date of June 2014
item
Sep. 30, 2013
ACM
Maturity date of June 2014
Oct. 31, 2013
ACM
Maturity date of October 2018
Mezzanine Loans
Sep. 30, 2014
ACM
Maturity date of October 2018
Mezzanine Loans
Sep. 30, 2014
ACM
Maturity date of October 2018
Mezzanine Loans
Mar. 31, 2014
ACM
Maturity date of April 2015
Second mortgage
Mar. 31, 2014
ACM
Maturity date of March 2015
First mortgage
Nov. 30, 2013
Kaufman Entities
Maturity date of April 2015
Bridge Loans
Mr. Fred Weber
Apr. 30, 2013
Kaufman Entities
Maturity date of April 2015
Bridge Loans
Mr. Fred Weber
item
Sep. 30, 2013
Kaufman Entities
Maturity date of April 2015
Bridge Loans
Mr. Fred Weber
Sep. 30, 2014
Kaufman Entities
Maturity date of April 2015
Bridge Loans
Mr. Fred Weber
Sep. 30, 2013
Kaufman Entities
Maturity date of April 2015
Bridge Loans
Mr. Fred Weber
Sep. 30, 2014
Kaufman Entities
ACM
Apr. 30, 2013
Kaufman Entities
ACM
Maturity date of March 2015
Bridge Loans
Mr. Fred Weber
item
Sep. 30, 2013
Kaufman Entities
ACM
Maturity date of March 2015
Bridge Loans
Mr. Fred Weber
Sep. 30, 2014
Kaufman Entities
ACM
Maturity date of March 2015
Bridge Loans
Mr. Fred Weber
Sep. 30, 2013
Kaufman Entities
ACM
Maturity date of March 2015
Bridge Loans
Mr. Fred Weber
Apr. 30, 2013
Kaufman Entities
ACM
Maturity date of March 2015
Bridge Loans
Mr. Fred Weber
First year
Apr. 30, 2013
Kaufman Entities
ACM
Maturity date of March 2015
Bridge Loans
Mr. Fred Weber
Thereafter
Aug. 31, 2014
Mr. Ivan Kaufman
Maturity date of August 2015
Bridge Loans
item
Sep. 30, 2014
Mr. Ivan Kaufman
Maturity date of August 2015
Bridge Loans
item
Sep. 30, 2014
Mr. Ivan Kaufman
Maturity date of August 2015
Bridge Loans
Maximum
Sep. 30, 2014
Mr. Ivan Kaufman
Maturity date of August 2015
Bridge Loans
Maximum
Jul. 31, 2014
Mr. Ivan Kaufman
Maturity date of January 2016
Bridge Loans
Sep. 30, 2014
Mr. Ivan Kaufman
Maturity date of January 2016
Bridge Loans
Sep. 30, 2014
Mr. Ivan Kaufman
Maturity date of January 2016
Bridge Loans
Apr. 30, 2013
Mr. Ivan Kaufman
ACM
Maturity date of March 2015
Bridge Loans
Sep. 30, 2014
Lexford Portfolio
Dec. 31, 2011
Lexford Portfolio
Preferred equity investments
Sep. 30, 2013
Lexford Portfolio
Preferred equity investments
Sep. 30, 2014
Lexford Portfolio
Preferred equity investments
Sep. 30, 2013
Lexford Portfolio
Preferred equity investments
Dec. 31, 2011
Lexford Portfolio
Preferred equity investments
Mr. Fred Weber
Sep. 30, 2014
Lexford Portfolio
Original preferred equity investment
Sep. 30, 2014
Lexford Portfolio
New preferred equity investment
Sep. 30, 2014
Affiliate of Mr. Ivan Kaufman
Mar. 31, 2012
Affiliate of Mr. Ivan Kaufman
Mr. Fred Weber
Sep. 30, 2014
Affiliate of Mr. Ivan Kaufman
Mr. Fred Weber
Jan. 31, 2013
Director
Maturity date of January 2015
Bridge Loans
Sep. 30, 2013
Director
Maturity date of January 2015
Bridge Loans
Sep. 30, 2014
Director
Maturity date of January 2015
Bridge Loans
Sep. 30, 2013
Director
Maturity date of January 2015
Bridge Loans
Agreements and transactions with related parties                                                                                                                              
Due from related party $ 628,320   $ 628,320   $ 98,058                     $ 600,000 $ 100,000                                                                                            
Due to related party 2,046,667   2,046,667   2,794,087                     2,000,000 2,800,000                                                                                            
Management fees to be remitted                               600,000                                                                                              
Loan to third party borrower, unpaid principal balance                         70,100,000                                                                                                    
Amount of bridge loan purchased from related party                                   15,000,000                     2,000,000 53,000,000         6,400,000                                                 7,500,000      
Weighted average variable interest rate (as a percent)     5.41%   5.26%   9.15% 7.02% 5.68% 7.20% 5.25% 5.11% 6.38%         7.20%                                                                                          
Number of mortgage loans secured by property purchased from related party                                           2                                                                                  
Amount of mortgage loan secured by property purchased from related party                                           22,400,000         5,100,000 14,600,000                         5,000,000       30,400,000                                    
Investments in equity affiliates 5,022,502   5,022,502   4,680,306                                                                         100,000                                          
Ownership interest (as a percent)                                                                                   5.00%                             53.90%   23.50%        
Number of properties owned                                                                                   2                                          
Payment of debt                                       2,300,000                                                                                      
Fixed rate of interest (as a percent)                                                   13.00%                                                         2.36% 12.00%              
Original variable rate basis                                                     LIBOR LIBOR                                                     LIBOR                
Original basis spread (as a percent)                                                     4.80% 4.80%                                                     5.00%                
Interest income recorded 200,000 1,200,000 1,300,000 3,700,000                   1,200,000 2,600,000       200,000   400,000 800,000 1,100,000   100,000 300,000         1,000,000 100,000 2,000,000     100,000 200,000 100,000         100,000 100,000   500,000 500,000       300,000   900,000               100,000 200,000 400,000
Amount of mezzanine loan purchased from related party                                               3,000,000                                                                              
Legal, financial and accounting fees     0   1,400,000                                                                                                                    
Number of bridge loans originated                                                           6                     2                                            
Percentage of ownership interest of related party in the entity                                                           19.00%                       95.00%     24.00%                             6.60%      
Base rate                                                         one-month LIBOR one-month LIBOR                 one-month LIBOR one-month LIBOR 5.5% over one-month LIBOR       LIBOR                             one-month LIBOR      
Base spread (as a percent)                                                         5.50% 7.25%                 5.00% 6.00% 5.50%       7.90%                             6.00%      
Contribution by related party for acquiring non-controlling interest in a third party entity                                                                     1,100,000                                                        
Personal guaranty                                                                                               1,000,000                       400,000      
Number of options to extend loan                                                                     3                                                        
Extended period of loan                                                                     1 year                                                        
Loan restructured                                                                                                   67,600,000                          
Additional preferred equity investment outstanding 1,655,918,364   1,655,918,364   1,660,195,301   90,762,106 118,550,172 152,465,838 121,523,673 1,213,584,295 1,171,783,914                                                                           25,000,000                          
Interest held in the additional investment made                                                                                                   10,500,000       500,000                  
Additional investment made by the company along with a consortium of independent outside investors                                                                                                     22,500,000                        
Modified variable rate basis                                                                                                             LIBOR                
Modified basis spread (as a percent)                                                                                                             1.65%                
Equity investment made                                                                                                       100,000                      
Noncontrolling interest                                                                                                       44,000           250,000          
Equity investment, balance                                                                                                   0                          
Contract period with the new entity                                                                                                                 7 years 6 months            
Fees as a percentage of gross revenues of the underlying properties                                                                                                                 4.75%            
Aggregate outstanding balance of related party debt                                                                                                 $ 750,400,000                            
Percentage of outstanding membership interest of related party in another related party                                                                   92.00%                                                          
Number of shares held by related party                               5.3                                                                                              
Percentage of voting power held by related party                               11.00%                                                                                              
Ownership interest allowed under company charter (as a percent)           5.00%