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Schedule IV - Mortgage Loans on Real Estate | 12 Months Ended
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Dec. 31, 2017
Mortgage Loans on Real Estate [Abstract] |
Schedule IV - Mortgage Loans on Real Estate | Schedule IV—Mortgage Loans on Real Estate As of December 31, 2017 ($ in thousands)
Type of Loan/Borrower |  | Underlying Property Type |  | Contractual Interest Accrual Rates |  | Contractual Interest Payment Rates |  | Effective Maturity Dates |  | Periodic Payment Terms(1) |  | Prior Liens |  | Face Amount of Mortgages |  | Carrying Amount of Mortgages(2)(3)
Senior Mortgages: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Borrower A |  | Apartment/Residential |  | LIBOR + 5.25% |  | LIBOR + 5.25% |  | December 2019 |  | IO |  | $ | — |  |  | $ | 200,000 |  |  | $ | 199,000 |
Borrower B |  | Mixed Use/Mixed Collateral |  | LIBOR + 5.15% |  | LIBOR + 5.15% |  | July 2019 |  | IO |  | — |  |  | 107,196 |  |  | 107,202 |
Borrower C |  | Apartment/Residential |  | LIBOR + 8% |  | LIBOR + 8% |  | April 2018 |  | IO |  | — |  |  | 93,782 |  |  | 93,596 |
Borrower D(4) |  | Hotel |  | LIBOR + 6% |  | LIBOR + 6% |  | July 2018 |  | IO |  | — |  |  | 86,000 |  |  | 86,714 |
Borrower E(5) |  | Apartment/Residential |  | LIBOR + 7.25% |  | LIBOR + 7.25% |  | January 2019 |  | IO |  | — |  |  | 39,729 |  |  | 39,748 |
Borrower F(6) |  | Office |  | LIBOR + 5.88% |  | LIBOR + 5.88% |  | August 2018 |  | IO |  | — |  |  | 30,338 |  |  | 30,308 |
Borrower G |  | Apartment/Residential |  | 8.00% |  | 8.00% |  | January 2024 |  | IO |  | — |  |  | 25,424 |  |  | 25,201 |
Senior mortgages individually <3% |  | Apartment/Residential, Retail, Mixed Use/Mixed Collateral, Office, Hotel, Other |  | Fixed: 5% to 9.68% Variable: LIBOR + 3% to LIBOR + 12.35% |  | Fixed: 6% to 9.68% Variable: LIBOR + 3% to LIBOR + 12.35% |  | 2018 to 2024 |  |  |  |  |  |  | 210,457 |  |  | 160,865 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | 792,926 |  |  | 742,634 |
Subordinate Mortgages: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subordinate mortgages individually <3% |  | Hotel |  | Fixed: 6.8% to 14.0% |  | Fixed: 6.8% to 14% |  | 2019 to 2057 |  |  |  |  |  |  | 9,495 |  |  | 9,495 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | 9,495 |  |  | 9,495 |
Total mortgages |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 802,421 |  |  | $ | 752,129 |
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(1) | IO = Interest only.
(2) | Amounts are presented net of asset-specific reserves of $48.5 million on impaired loans. Impairment is measured using the estimated fair value of collateral, less costs to sell.
(3) | The carrying amount of mortgages approximated the federal income tax basis.
(4) | As of December 31, 2017, included a LIBOR interest rate floor of 0.18%.
(5) | As of December 31, 2017, included a LIBOR interest rate floor of 0.42%.
(6) | As of December 31, 2017, included a LIBOR interest rate floor of 0.25%.
iStar Inc. Schedule IV—Mortgage Loans on Real Estate (Continued) As of December 31, 2017 ($ in thousands) Reconciliation of Mortgage Loans on Real Estate: The following table reconciles Mortgage Loans on Real Estate from January 1, 2015 to December 31, 2017(1):
| 2017 |  | 2016 |  | 2015
Balance at January 1 | $ | 915,905 |  |  | $ | 934,964 |  |  | $ | 726,426 |
Additions: |  |  |  |  |
New mortgage loans | 265,966 |  |  | 25,893 |  |  | 237,031 |
Additions under existing mortgage loans | 132,703 |  |  | 165,275 |  |  | 92,887 |
Other(2) | 23,388 |  |  | 30,694 |  |  | 33,080 |
Deductions(3): |  |  |  |  |
Collections of principal | (528,321 | ) |  | (247,431 | ) |  | (151,464 | )
Recovery of (provision for) loan losses | 28 |  |  | 9,747 |  |  | (6,186 | )
Transfers (to) from real estate and equity investments | (57,505 | ) |  | (3,177 | ) |  | 3,261 |
Amortization of premium | (35 | ) |  | (60 | ) |  | (71 | )
Balance at December 31 | $ | 752,129 |  |  | $ | 915,905 |  |  | $ | 934,964 |
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(1) | Balances represent the carrying value of loans, which are net of asset specific reserves.
(2) | Amount includes amortization of discount, deferred interest capitalized and mark-to-market adjustments resulting from changes in foreign exchange rates.
(3) | Amounts are presented net of charge-offs of $1.2 million, $10.1 million and $1.0 million for the years ended December 31, 2017, 2016 and 2015, respectively.

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- Definition The entire disclosure for mortgage loans on real estate, this includes the supplemental information pertaining to each mortgage loan receivable that equals or exceeds three percent of the carrying amount of mortgages. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 948 -SubTopic 310 -URI http://asc.fasb.org/subtopic&trid=2176522 + Details
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