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Subsequent Events
12 Months Ended
Dec. 31, 2016
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events
Investment activity.  Subsequent to year end, the Company closed approximately $193,500 of commercial real estate debt investments, $190,300 of which were funded. In addition the Company funded approximately $67,700 for previously closed loans.
Loan Repayments. Subsequent to year end, the Company received approximately $41,500 from loan repayments.
Management Agreement.  Following a meeting by the Company’s independent directors in February 2017, which included a discussion of the Manager’s performance and the level of the management fees thereunder, the Company determined not to terminate the Management Agreement.