XML 45 R35.htm IDEA: XBRL DOCUMENT v3.10.0.1
Loan Participations Payable, net (Tables)
6 Months Ended
Jun. 30, 2018
Loan Participations Payable [Abstract]  
Schedule of loan participations payable
The Company's loan participations payable, net were as follows ($ in thousands):
 
 
Carrying Value as of
 
 
June 30, 2018
 
December 31, 2017
Loan participations payable(1)
 
$
14,938

 
$
102,737

Debt discounts and deferred financing costs, net
 
(229
)
 
(312
)
Total loan participations payable, net
 
$
14,709

 
$
102,425

_______________________________________________________________________________
(1)
One loan participation payable with a carrying value of $93.8 million and a corresponding loan receivable balance of $93.6 million was fully repaid during the six months ended June 30, 2018. As of June 30, 2018, the Company had one loan participation payable with an interest rate of 6.6%. As of December 31, 2017, the Company had two loan participations payable with a weighted average interest rate of 6.5%.