XML 27 R118.htm IDEA: XBRL DOCUMENT v2.4.0.8
Schedule IV-Mortgage Loans on Real Estate (Details) (USD $)
 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2013
Senior Mortgages [Member]
Dec. 31, 2013
Borrower A
Dec. 31, 2013
Borrower A
Contractual Interest Accrual Rates
Dec. 31, 2013
Borrower A
Contractual Interest Payment Rates
Dec. 31, 2013
Borrower B(3)
Dec. 31, 2013
Borrower B(3)
Contractual Interest Accrual Rates
Dec. 31, 2013
Borrower B(3)
Contractual Interest Payment Rates
Dec. 31, 2013
Borrower C
Dec. 31, 2013
Borrower C
Contractual Interest Accrual Rates
Dec. 31, 2013
Borrower C
Contractual Interest Payment Rates
Dec. 31, 2013
Borrower D(4)
Dec. 31, 2013
Borrower D(4)
Minimum
Dec. 31, 2013
Borrower D(4)
Contractual Interest Accrual Rates
Dec. 31, 2013
Borrower D(4)
Contractual Interest Payment Rates
Dec. 31, 2013
Borrower E(5)
Dec. 31, 2013
Borrower E(5)
Contractual Interest Accrual Rates
Dec. 31, 2013
Borrower E(5)
Contractual Interest Payment Rates
Dec. 31, 2013
Borrower F(6)
Dec. 31, 2013
Borrower F(6)
Contractual Interest Accrual Rates
Dec. 31, 2013
Borrower F(6)
Contractual Interest Payment Rates
Dec. 31, 2013
Borrower G(7)
Dec. 31, 2013
Borrower G(7)
Minimum
Dec. 31, 2013
Borrower G(7)
Contractual Interest Accrual Rates
Dec. 31, 2013
Borrower G(7)
Contractual Interest Payment Rates
Dec. 31, 2013
Borrower H
Dec. 31, 2013
Borrower H
Contractual Interest Accrual Rates
Dec. 31, 2013
Borrower H
Contractual Interest Payment Rates
Dec. 31, 2013
Borrower I(8)
Dec. 31, 2013
Borrower I(8)
Contractual Interest Accrual Rates
Dec. 31, 2013
Borrower I(8)
Contractual Interest Payment Rates
Dec. 31, 2013
Borrower J
Dec. 31, 2013
Borrower J
Contractual Interest Accrual Rates
Dec. 31, 2013
Borrower J
Contractual Interest Payment Rates
Dec. 31, 2013
Senior mortgages individually 3%
Dec. 31, 2013
Senior mortgages individually 3%
Contractual Interest Accrual Rates
Dec. 31, 2013
Senior mortgages individually 3%
Contractual Interest Accrual Rates
Minimum
Dec. 31, 2013
Senior mortgages individually 3%
Contractual Interest Accrual Rates
Maximum
Dec. 31, 2013
Senior mortgages individually 3%
Contractual Interest Payment Rates
Dec. 31, 2013
Senior mortgages individually 3%
Contractual Interest Payment Rates
Minimum
Dec. 31, 2013
Senior mortgages individually 3%
Contractual Interest Payment Rates
Maximum
Dec. 31, 2013
Borrower K
Dec. 31, 2013
Borrower K
Contractual Interest Accrual Rates
Dec. 31, 2013
Borrower K
Contractual Interest Payment Rates
Dec. 31, 2013
Subordinate Mortgages
Dec. 31, 2013
Subordinate mortgages individually 3%
Dec. 31, 2013
Subordinate mortgages individually 3%
Contractual Interest Accrual Rates
Dec. 31, 2013
Subordinate mortgages individually 3%
Contractual Interest Payment Rates
Mortgage Loans on Real Estate [Line Items]                                                                                                      
Basis spread on variable rate (as a percent)             3.30% 3.30%         5.25% 5.25%   3.88% 4.50% 4.50% 3.50% [1],[2],[3] 3.50% 3.50%   1.75% 1.75%   4.00% 3.00% 3.00%         5.58% 5.58%           1.50% 7.00%   0.50% 7.00%              
Fixed interest rate (as a percent)                   17.00% 17.00%                                     8.00% 8.00%         8.00% 5.00%                 8.00% 8.00%        
Fixed interest rate, low end of range (as a percent)                                                                             4.00%     4.00%               5.00% 8.12%
Fixed interest rate, high end of range (as a percent)                                                                             13.00%     10.00%               14.00% 14.00%
Variable rate basis             LIBOR LIBOR         LIBOR LIBOR     LIBOR LIBOR   LIBOR LIBOR   LIBOR LIBOR     LIBOR LIBOR         LIBOR LIBOR           LIBOR LIBOR   LIBOR LIBOR              
Face Amount of Mortgages $ 1,129,478,000       $ 1,068,784,000 $ 92,446,000     $ 224,223,000 [4]     $ 66,502,000     $ 65,931,000 [5]       $ 58,175,000 [1]     $ 75,000,000 [6]     $ 48,358,000 [7]       $ 26,414,000     $ 50,000,000 [8]     $ 26,043,000     $ 335,692,000             $ 25,000,000     $ 60,694,000 $ 35,694,000    
Carrying Amount of Mortgages 827,796,000 [10],[2],[3],[9] 1,421,654,000 [10],[9] 2,449,554,000 [10],[9] 4,012,067,000 [10] 767,117,000 [2],[3] 92,518,000 [2],[3]     77,427,000 [2],[3],[4]     67,263,000 [2],[3]     64,497,000 [2],[3],[5]       53,569,000 [1],[2],[3]     30,808,000 [2],[3],[6]     26,553,000 [2],[3],[7]       26,450,000 [2],[3]     26,231,000 [2],[3],[8]     26,092,000 [2],[3]     275,709,000 [2],[3]             24,962,000 [2],[3]     60,679,000 [2],[3] 35,717,000 [2],[3]    
Asset specific reserves on impaired loans 304,500,000                                                                                                    
Delinquency period for a loan to be considered as non-performing and on non-accrual status                 $ 224,200,000                         $ 75,000,000     $ 48,400,000             $ 50,000,000                                      
Principal amount of loan in default that is more than 90 days delinquent                                                               90 days                                      
[1] As of December 31, 2013, included a LIBOR interest rate floor of 3.50%.
[2] Amounts are presented net of asset-specific reserves of $304.5 million on impaired loans. Impairment is measured using the estimated fair value of collateral, less costs to sell.
[3] The carrying amount of mortgages approximated the federal income tax basis.
[4] Loan is in default with $224.2 million of principal that is more than 90 days delinquent. Loan is designated as non-performing and is on non-accrual status.
[5] As of December 31, 2013, included a LIBOR interest rate floor of 3.88%.
[6] Loan is in default with $75.0 million of principal that is more than 90 days delinquent. Loan is designated as non-performing and is on non-accrual status.
[7] Loan is in default with $48.4 million of principal that is more than 90 days delinquent. Loan is designated as non-performing and is on non-accrual status. As of December 31, 2013, included a LIBOR interest rate floor of 4.0%.
[8] Loan is in default with $50.0 million of principal that is more than 90 days delinquent. Loan is designated as non-performing and is on non-accrual status.
[9] Amounts are presented net of charge-offs of $152.8 million, $106.9 million and $214.0 million for the years ended December 31, 2013, 2012 and 2011, respectively.
[10] Balances represent the carrying value of loans, which are net of asset specific reserves.