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Agreements and Transactions with Related Parties (Details 2)
shares in Millions
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Apr. 30, 2015
USD ($)
Feb. 28, 2015
USD ($)
Aug. 31, 2014
USD ($)
item
Jul. 31, 2014
USD ($)
Mar. 31, 2014
USD ($)
Dec. 31, 2011
USD ($)
Jun. 30, 2015
USD ($)
shares
Mar. 31, 2015
USD ($)
Sep. 30, 2014
USD ($)
item
Jun. 30, 2014
USD ($)
Mar. 31, 2014
USD ($)
Sep. 30, 2013
USD ($)
Mar. 31, 2012
USD ($)
Jun. 30, 2015
USD ($)
item
shares
Jun. 30, 2014
USD ($)
Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
Agreements and transactions with related parties                                  
Due from related party             $ 2,499,584             $ 2,499,584   $ 36,515  
Due to related party             1,991,665             1,991,665   $ 2,653,333  
Interest income recorded             100,000     $ 900,000       200,000 $ 1,700,000    
Income from equity affiliates             1,534,025     40,493       $ 4,629,938 80,541    
Interest rate (as a percent)                           5.65%   5.45%  
Investments in equity affiliates             24,368,379             $ 24,368,379   $ 4,869,066  
Legal, financial and accounting fees                                 $ 1,400,000
Additional preferred equity investment outstanding             $ 1,595,706,784             $ 1,595,706,784   $ 1,587,429,498  
Minimum                                  
Agreements and transactions with related parties                                  
Ownership interest allowed under company charter (as a percent)             5.00%             5.00%      
Residential Mortgage Banking Company                                  
Agreements and transactions with related parties                                  
Indirect ownership percentage                           22.50%      
Income from equity affiliates             $ 1,500,000             $ 4,500,000      
Mezzanine Loans                                  
Agreements and transactions with related parties                                  
Interest rate (as a percent)                           9.44%   9.78%  
Additional preferred equity investment outstanding             61,952,792             $ 61,952,792   $ 76,392,650  
Preferred equity investments                                  
Agreements and transactions with related parties                                  
Interest rate (as a percent)                           6.86%   6.11%  
Additional preferred equity investment outstanding             93,270,827             $ 93,270,827   $ 133,505,658  
Bridge Loans                                  
Agreements and transactions with related parties                                  
Interest rate (as a percent)                           5.51%   5.19%  
Additional preferred equity investment outstanding             1,346,226,583             $ 1,346,226,583   $ 1,273,439,238  
Bridge Loans | First mortgage                                  
Agreements and transactions with related parties                                  
Additional preferred equity investment outstanding               $ 116,000,000                  
Maturity date of March 2016 | Bridge Loans                                  
Agreements and transactions with related parties                                  
Interest income recorded             1,200,000     1,200,000       $ 2,400,000 1,400,000    
Loan to third party borrower, unpaid principal balance         $ 70,100,000                        
Interest rate (as a percent)                           6.38%      
ACM                                  
Agreements and transactions with related parties                                  
Due from related party             2,500,000             $ 2,500,000      
Due to related party             $ 2,000,000             2,000,000   2,700,000  
Management fees to be remitted                           $ 700,000      
Number of shares held by related party | shares             5.3             5.3      
Percentage of voting power held by related party             10.00%             10.00%      
ACM | Maximum                                  
Agreements and transactions with related parties                                  
Due from related party                               100,000  
ACM | Residential Mortgage Banking Company                                  
Agreements and transactions with related parties                                  
Noncontrolling interest in equity method investment acquired (as a percent)               50.00%                  
Acquisition purchase price               $ 9,600,000                  
ACM | Non-qualified Residential Mortgages | Residential Mortgage Banking Company                                  
Agreements and transactions with related parties                                  
Equity investment made                           $ 5,300,000      
ACM | Maturity date of March 2016 | Bridge Loans                                  
Agreements and transactions with related parties                                  
Amount of bridge loan purchased from related party         $ 15,000,000                        
Interest rate (as a percent)                           7.20%      
ACM | Maturity date of June 2014                                  
Agreements and transactions with related parties                                  
Interest income recorded             $ 200,000     $ 200,000       $ 400,000 $ 600,000    
Number of mortgage loans secured by property purchased from related party | item                           2      
Amount of mortgage loan secured by property purchased from related party                           $ 22,400,000      
Payment of debt                     $ 2,300,000            
ACM | Maturity date of March 2015 | First mortgage                                  
Agreements and transactions with related parties                                  
Amount of mortgage loan secured by property purchased from related party                           $ 14,600,000      
Original variable rate basis                           LIBOR      
Original basis spread (as a percent)                   4.80%         4.80%    
ACM | Maturity date of April 2015 | Second mortgage                                  
Agreements and transactions with related parties                                  
Amount of mortgage loan secured by property purchased from related party                           $ 5,100,000      
Original variable rate basis                           LIBOR      
Original basis spread (as a percent)             4.80%             4.80%      
Mr. Ivan Kaufman | Maturity date of February 2018 | Preferred equity investments                                  
Agreements and transactions with related parties                                  
Loan amount retained by related party   $ 23,000,000                           $ 18,000,000  
Fixed rate of interest (as a percent)   10.00%                              
Interest income recorded             $ 600,000             $ 1,100,000      
Amount of ownership interest of related party in the entity   $ 2,000,000                              
Mr. Ivan Kaufman | Maturity date of January 2016 | Bridge Loans                                  
Agreements and transactions with related parties                                  
Interest income recorded                           1,400,000      
Mr. Ivan Kaufman. | Maturity date of August 2015 | Bridge Loans                                  
Agreements and transactions with related parties                                  
Interest income recorded             100,000             $ 100,000      
Investments in equity affiliates                 $ 100,000                
Ownership interest (as a percent)                 5.00%                
Number of properties owned | item                 2                
Percentage of ownership interest of related party in the entity                 95.00%                
Number of bridge loans originated | item     2                            
Amount of mortgage loan secured by property purchased from related party     $ 5,000,000                            
Base spread (as a percent)     5.50%                            
Base rate     one-month LIBOR                            
Mr. Ivan Kaufman. | Maturity date of January 2016 | Bridge Loans                                  
Agreements and transactions with related parties                                  
Interest income recorded             $ 700,000                    
Percentage of ownership interest of related party in the entity       24.00%                          
Amount of mortgage loan secured by property purchased from related party       $ 30,400,000                          
Base spread (as a percent)       7.90%                          
Base rate       LIBOR                          
Kaufman Entities | ACM                                  
Agreements and transactions with related parties                                  
Percentage of outstanding membership interest of related party in another related party             92.00%             92.00%      
Lexford Portfolio                                  
Agreements and transactions with related parties                                  
Aggregate outstanding balance of related party debt             $ 806,100,000             $ 806,100,000      
Lexford Portfolio | Preferred equity investments                                  
Agreements and transactions with related parties                                  
Noncontrolling interest                           44,000      
Payment of debt                           8,000,000      
Loan restructured           $ 67,600,000                      
Additional preferred equity investment outstanding           25,000,000                      
Interest held in the additional investment made           10,500,000                      
Additional investment made by the company along with a consortium of independent outside investors                       $ 22,500,000          
Equity investment made                           $ 100,000      
Equity investment, balance           0                      
Lexford Portfolio | Preferred equity investments | Mr. Fred Weber                                  
Agreements and transactions with related parties                                  
Interest held in the additional investment made           $ 500,000                      
Lexford Portfolio | Original preferred equity investment                                  
Agreements and transactions with related parties                                  
Fixed rate of interest (as a percent)                           2.36%      
Original variable rate basis           LIBOR                      
Original basis spread (as a percent)           5.00%                      
Modified variable rate basis                           LIBOR      
Modified basis spread (as a percent)             1.65%             1.65%      
Lexford Portfolio | New preferred equity investment                                  
Agreements and transactions with related parties                                  
Fixed rate of interest (as a percent)                           12.00%      
Affiliate of Mr. Ivan Kaufman                                  
Agreements and transactions with related parties                                  
Ownership interest (as a percent)             53.90%             53.90%      
Contract period with the new entity                           7 years 6 months      
Fees as a percentage of gross revenues of the underlying properties                           4.75%      
Affiliate of Mr. Ivan Kaufman | Mr. Fred Weber                                  
Agreements and transactions with related parties                                  
Noncontrolling interest                         $ 250,000        
Ownership interest (as a percent)             23.50%             23.50%      
Certain officers and manager | Maturity date of April 2018 | Bridge Loans                                  
Agreements and transactions with related parties                                  
Interest income recorded $ 100,000                                
Percentage of ownership interest of related party in the entity 90.00%                                
Amount of mortgage loan secured by property purchased from related party $ 6,300,000                                
Base spread (as a percent) 4.50%                                
Interest rate, floor 0.25%