XML 82 R51.htm IDEA: XBRL DOCUMENT v2.4.0.6
Loans Receivable, net (Details) (USD $)
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2012
Loans and other lending investments      
Total gross carrying value of loans $ 2,104,451,000 [1]   $ 2,354,484,000 [1]
Reserves for loan losses (521,795,000) (567,179,000)  
Total loans receivable, net 1,582,656,000 1,829,985,000 1,829,985,000
Recorded investment in loans 2,112,763,000   2,364,315,000
Accrued interest 8,500,000   9,800,000
Fundings under existing loan commitments 13,300,000    
Amount received from principal repayments (193,300,000)    
Carrying value of loans sold 38,300,000    
Realized Investment Gains (Losses) 600,000    
Allowance for Loan Losses [Roll Forward]      
Reserve for loan losses at beginning of period 524,499,000 646,624,000  
Provision for loan losses 10,206,000 17,500,000  
Charge-offs (12,910,000) (96,945,000)  
Reserve for loan losses at end of period 521,795,000 567,179,000  
Senior mortgages
      
Loans and other lending investments      
Total gross carrying value of loans 1,580,632,000 [1]   1,751,256,000 [1]
Recorded investment in loans 1,584,604,000    
Subordinate mortgages
      
Loans and other lending investments      
Total gross carrying value of loans 113,754,000 [1]   152,737,000 [1]
Recorded investment in loans 115,033,000    
Corporate/Partnership loans
      
Loans and other lending investments      
Total gross carrying value of loans 410,065,000 [1]   450,491,000 [1]
Recorded investment in loans 413,126,000    
Corporate Joint Venture
      
Loans and other lending investments      
Fair value of assets acquired $ 27,200,000    
[1] The Company's recorded investment in loans as of March 31, 2013 and December 31, 2012, was $2.11 billion and $2.36 billion, respectively, which consists of total gross carrying value of loans plus accrued interest of $8.5 million and $9.8 million, for the same two periods, respectively.