XML 95 R50.htm IDEA: XBRL DOCUMENT v2.4.0.8
Loans Receivable and Other Lending Investments, net (Details) (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2012
Loans and other lending investments          
Total gross carrying value of loans $ 1,927,740,000   $ 1,927,740,000   $ 2,354,484,000
Reserves for loan losses (479,826,000) (563,786,000) (479,826,000) (563,786,000)  
Total loans receivable, net 1,447,914,000   1,447,914,000   1,829,985,000
Other lending investments—securities 65,722,000   65,722,000   0
Total loans receivable, net 1,513,636,000 [1]   1,513,636,000 [1]   1,829,985,000 [1]
Accrued interest 7,000,000   7,000,000   9,800,000
Fundings under existing loan commitments     89,300,000    
Amount received from principal repayments     298,600,000    
Carrying value of loans sold     80,300,000    
Realized Investment Gains (Losses)     600,000    
Allowance for Loan Losses [Roll Forward]          
Reserve for loan losses at beginning of period 521,795,000 567,179,000 524,499,000 646,624,000  
Provision for loan losses 5,020,000 [2] 26,531,000 15,226,000 [2] 44,031,000  
Charge-offs (46,989,000) (29,924,000) (59,899,000) (126,869,000)  
Reserve for loan losses at end of period 479,826,000 563,786,000 479,826,000 563,786,000  
Recovery of fully reserved loan 6,000,000   6,000,000    
Senior mortgages
          
Loans and other lending investments          
Total gross carrying value of loans 1,397,524,000   1,397,524,000   1,751,256,000
Subordinate mortgages
          
Loans and other lending investments          
Total gross carrying value of loans 114,218,000   114,218,000   152,737,000
Corporate/Partnership loans
          
Loans and other lending investments          
Total gross carrying value of loans $ 415,998,000   $ 415,998,000   $ 450,491,000
[1] The Company's recorded investment in loans as of June 30, 2013 and December 31, 2012 includes accrued interest of $7.0 million and $9.8 million, respectively, which are included in "Accrued interest and operating lease income receivable, net" in the Company's Consolidated Balance Sheets.
[2] Included in the provision for loan losses for the three and six months ended June 30, 2013 was a $6.0 million recovery related to the resolution of a non-performing loan that was previously fully reserved.