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Subsequent Events
3 Months Ended
Mar. 31, 2018
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events
Upon its scheduled maturity in April 2018, we repaid the $250 million principal amount of our 4.625% convertible notes and all related accrued interest in full.
In May 2018, we entered into an agreement to acquire a 20% minority interest in 5 Arches, LLC for $10 million, with a one-year option to purchase all remaining equity in the company for $40 million. In connection with this investment, we also entered into a loan purchase agreement with 5 Arches, LLC establishing a flow relationship to purchase business-purpose real estate loans originated by the company.