Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

As of March 31, 2019, the maximum amount of fundings the Company may be required to make under each category, assuming all performance hurdles and milestones are met under the Performance-Based Commitments and that 100% of its capital committed to Strategic Investments is drawn down, are as follows ($ in thousands):



	Loans and Other Lending Investments⁽¹⁾		Real Estate		Other Investments		Total
Performance-Based Commitments	$	385,215	$	9,543	$	—	$	394,758
Strategic Investments	—		—		33,304		33,304
Total	$	385,215	$	9,543	$	33,304	$	428,062

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(1)	Excludes $24.9 million of commitments on loan participations sold that are not the obligation of the Company.

Future Minimum Lease Obligations - Operating Leases

Future minimum lease obligations under operating and finance leases are as follows ($ in thousands):



	Operating⁽¹⁾⁽²⁾		Finance⁽¹⁾
2019	$	4,165	$	2,181
2020	3,841		2,633
2021	1,468		2,686
2022	869		2,740
2023	728		2,794
Thereafter	2,074		759,082

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(1)	Operating lease obligations for 2019 are as of January 1, 2019 and finance lease obligations are as of lease inception (refer to Note 4). During the three months ended March 31, 2019, the Company made payments of $1.1 million and $0.2 million, respectively, related to its operating and finance leases.


(2)	The Company is obligated to pay ground rent under certain operating leases; however, the Company's tenants at the properties pay this expense directly under the terms of various subleases and these amounts are excluded from lease obligations.

Future Minimum Lease Obligations - Finance Leases

Future minimum lease obligations under operating and finance leases are as follows ($ in thousands):



	Operating⁽¹⁾⁽²⁾		Finance⁽¹⁾
2019	$	4,165	$	2,181
2020	3,841		2,633
2021	1,468		2,686
2022	869		2,740
2023	728		2,794
Thereafter	2,074		759,082

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(1)	Operating lease obligations for 2019 are as of January 1, 2019 and finance lease obligations are as of lease inception (refer to Note 4). During the three months ended March 31, 2019, the Company made payments of $1.1 million and $0.2 million, respectively, related to its operating and finance leases.


(2)	The Company is obligated to pay ground rent under certain operating leases; however, the Company's tenants at the properties pay this expense directly under the terms of various subleases and these amounts are excluded from lease obligations.