XML 93 R80.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Subsequent Events (Details) |  | 1 Months Ended |  |
--- | --- | --- | --- | ---
Feb. 26, 2016 USD ($) business_day $ / shares | Mar. 31, 2016 $ / shares shares | Feb. 26, 2016 USD ($) condiminium business_day $ / shares | Jan. 31, 2016 USD ($) property parcel | Dec. 31, 2015 $ / shares | Jun. 30, 2015 USD ($)
Subsequent Event [Line Items] |  |  |  |  |  |
Preferred stock, par value (in dollars per share) | $ / shares |  |  |  |  | $ 0.01 |
Subsequent Event [Member] |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |
Face amount | $ 411,000,000 |  | $ 411,000,000 |  |  |
First Mortgage [Member] |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |
Face amount |  |  |  |  |  | $ 33,000,000
First Mortgage [Member] | Subsequent Event [Member] |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |
Face amount | 334,000,000 |  | 334,000,000 |  |  |
Number of additional parcels acquired | parcel |  |  |  | 2 |  |
Loan to cost percentage |  |  |  | 65.00% |  |
Retail and Office Properties [Member] | First Mortgage [Member] | Subsequent Event [Member] |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |
Face amount |  |  |  | $ 220,000,000 |  |
Funded amount of loan |  |  |  | $ 177,500,000 |  |
Number of properties (property/condominium) | property |  |  |  | 16 |  |
Luxury Condominium [Member] | Mezzanine Loan [Member] | Subsequent Event [Member] |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |
Face amount | 77,000,000 |  | 77,000,000 |  |  |
Funded amount of loan | $ 21,888,000 |  | $ 21,888,000 |  |  |
Number of properties (property/condominium) | condiminium |  |  | 139 |  |  |
Loan to net sellout percentage |  |  | 57.00% |  |  |
Floating Rate Loan [Member] | Subsequent Event [Member] |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |
Initial term of loan |  |  |  | 2 years |  |
Loan extension term |  |  |  | 1 year |  |
Additional loan extension |  |  |  | 6 months |  |
Floating Rate Loan [Member] | Luxury Condominium [Member] | Subsequent Event [Member] |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |
Initial term of loan |  |  | 42 months |  |  |
Loan extension term |  |  | 1 year |  |  |
Additional loan extension |  |  | 6 months |  |  |
Apollo Residential Mortgage, Inc. Merger [Member] | Subsequent Event [Member] |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |
Aggregate purchase price, percentage of acquiree value | 89.25% |  | 89.25% |  |  |
Purchase price value, number of business days prior to Proxy Statement | business_day | 3 |  | 3 |  |  |
Letter Agreement, aggregate amount payable to manager, monthly installment amount | $ 150,000 |  | $ 150,000 |  |  |
Maximum [Member] | Apollo Residential Mortgage, Inc. Merger [Member] | Subsequent Event [Member] |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |
Letter Agreement, aggregate amount payable to manager | 500,000 |  | 500,000 |  |  |
Athene Holding Ltd. [Member] | Term loans [Member] | Apollo Residential Mortgage, Inc. Merger [Member] | Subsequent Event [Member] |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |
Borrowing commitment | 200,000,000 |  | 200,000,000 |  |  |
Residential Mortgage Backed Securities [Member] | Athene Holding Ltd. [Member] | Maximum [Member] | Apollo Residential Mortgage, Inc. Merger [Member] | Subsequent Event [Member] |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |
Asset Purchase Agreement, sale of securities, amount | $ 1,200,000,000 |  | $ 1,200,000,000 |  |  |
Common Stock [Member] | Apollo Residential Mortgage, Inc. Merger [Member] | Subsequent Event [Member] |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |
Stock Purchase Agreement, threshold share price (in dollars per share) | $ / shares | $ 16.75 |  | $ 16.75 |  |  |
Common Stock [Member] | Athene Holding Ltd. [Member] | Maximum [Member] | Apollo Residential Mortgage, Inc. Merger [Member] | Subsequent Event [Member] |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |
Stock Purchase Agreement, sale of stock commitment, value | $ 20,000,000 |  | $ 20,000,000 |  |  |
Forecast [Member] | Apollo Residential Mortgage, Inc. Merger [Member] |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |
Shares issuable under agreement, price per share (in dollars per share) | $ / shares |  | $ 16.75 |  |  |  |
Number of shares issued upon conversion | shares |  | 1 |  |  |  |
Preferred stock, par value (in dollars per share) | $ / shares |  | $ 0.01 |  |  |  |
Forecast [Member] | Series C Cumulative Redeemable Perpetual Preferred Stock [Member] | Apollo Residential Mortgage, Inc. Merger [Member] |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |
Preferred stock dividend percentage |  | 8.00% |  |  |  |
Forecast [Member] | Maximum [Member] | Apollo Residential Mortgage, Inc. Merger [Member] |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |
Number of shares issuable under agreement | shares |  | 13,400,000 |  |  |  |
Apollo Residential Mortgage, Inc. [Member] | Series A Cumulative Redeemable Perpetual Preferred Stock [Member] | Apollo Residential Mortgage, Inc. Merger [Member] | Subsequent Event [Member] |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |
Preferred stock, value | $ 172,500,000 |  | $ 172,500,000 |  |  |
Preferred stock dividend percentage | 8.00% |  |  |  |  |

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