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Mortgage Loans on Real Estate | 12 Months Ended
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Dec. 31, 2013
Mortgage Loans On Real Estate [Abstract] |
Mortgage Loans on Real Estate | Schedule IV—Mortgage Loans on Real Estate December 31, 2013 (Dollar amounts in thousands)
Description |  | Interest Rate |  | Final Maturity Date |  | Periodic Payment Terms |  | Prior Liens (1) |  |  | Face Amount of Mortgages |  |  | Carrying Amount of Mortgages (2) |  |  | Principal Amount of Loans subject to delinquent principal or interest |
SENIOR LOANS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Borrower A |  | 5.73% |  | Sep-17 |  | Interest and principal, monthly |  | $ | — |  |  | $ | 33,000 |  |  | $ | 28,949 |  |  | $ | — |
MEZZANINE LOANS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Multi-family |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Borrower B |  | LIBOR+6.0%, Floor 11% |  | Feb-17 |  | Interest monthly, principal at maturity |  |  | 26,000 |  |  |  | 5,868 |  |  |  | 5,923 |  |  |  | — |
Retail |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Borrower C |  | 10.00% |  | Nov-22 |  | Interest monthly, principal at maturity |  |  | 59,000 |  |  |  | 4,500 |  |  |  | 4,539 |  |  |  | — |
Borrower D |  | 9.50% |  | May-16 |  | Interest monthly, principal at maturity |  |  | 53,400 |  |  |  | 21,000 |  |  |  | 19,740 |  |  |  | — |
Borrower E |  | 9.00% |  | Jun-23 |  | Interest monthly, principal at maturity |  |  | 20,500 |  |  |  | 7,500 |  |  |  | 7,541 |  |  |  | — |
Borrower F |  | LIBOR+8.0%, Floor 12% |  | on demand (loan in default) |  | Interest monthly, principal at maturity |  |  | 12,816 |  |  |  | 10,806 |  |  |  | — |  |  |  | 10,806 |
Mixed Use |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Borrower G |  | LIBOR+10.0%, Floor 14% |  | on demand (loan in default) |  | Interest monthly, principal at maturity |  |  | — |  |  |  | 12,816 |  |  |  | 5,526 |  |  |  | 9,343 |
|  |  |  |  |  |  |  |  | 171,716 |  |  |  | 95,490 |  |  |  | 72,218 |  |  |  | 20,149 |
INVESTMENTS IN AND ADVANCES TO JOINT VENTURES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Borrower H |  | LIBOR+7.0%, Floor 12% |  | on demand (loan in default) |  | Interest monthly, principal at maturity |  |  | — |  |  |  | 66,846 |  |  |  | — |  |  |  | 66,846 |
Borrower I |  | 10.00% |  | Jun-19 |  | Interest quarterly (partial payment), principal and unpaid interest at maturity |  |  | 110,745 |  |  |  | 40,000 |  |  |  | 41,008 |  |  |  | — |
Borrower J |  | 9.00% |  | Aug-20 |  | Interest quarterly (partial payment), principal and unpaid interest at maturity |  |  | 234,206 |  |  |  | 30,080 |  |  |  | 30,763 |  |  |  | — |
|  |  |  |  |  |  |  | $ | 516,667 |  |  | $ | 232,416 |  |  | $ | 143,989 |  |  | $ | 86,995 |
(1) | The first mortgage loans on certain properties are not held by the Company. Accordingly, the amounts of the prior liens for those properties at December 31, 2013 are estimated.
(2) | Carrying amount includes all applicable accrued interest and accretion of discount to date, net of amounts reserved for impairment.
|  | Year Ended December 31, |
|  | 2013 |  |  | 2012 |  |  | 2011 |
Balance at beginning of period |  | $ | 246,907 |  |  | $ | 84,541 |  |  | $ | 103,705 |
Additions during period: |  |  |  |  |  |  |  |  |  |  |  |
New mortgage loans |  |  | 67,508 |  |  |  | 160,995 |  |  |  | 10,000 |
Interest |  |  | 4,853 |  |  |  | 4,949 |  |  |  | 811 |
Accretion of discount |  |  | 874 |  |  |  | 826 |  |  |  | 780 |
Deductions during period: |  |  |  |  |  |  |  |  |  |  |  |
Provision for loan loss reserve |  |  | — |  |  |  | (4,300 | ) |  |  | (5,000 | )
Collections of principal and interest |  |  | (176,153 | ) |  |  | (104 | ) |  |  | (25,755 | )
Balance at close of period |  | $ | 143,989 |  |  | $ | 246,907 |  |  | $ | 84,541 |

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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 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04.(c) Schedule IV) -URI http://asc.fasb.org/extlink&oid=27047687&loc=d3e5864-122674 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 29 -Article 12 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Subparagraph Schedule IV -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 948 -SubTopic 310 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29) -URI http://asc.fasb.org/extlink&oid=6589523&loc=d3e617274-123014 + Details
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