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Mortgage Loans on Real Estate | 12 Months Ended
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Dec. 31, 2015
Mortgage Loans On Real Estate [Abstract] |
Mortgage Loans on Real Estate | SCHEDULE IV DDR Corp. Mortgage Loans on Real Estate December 31, 2015 (In Thousands)
Description |  | Interest Rate |  |  | Final Maturity Date |  | Periodic Payment Terms(A) |  | Prior Liens(B) |  |  | Face Amount of Mortgages |  |  | Carrying Amount of Mortgages(C) |  |  | Principal Amount of Loans Subject to Delinquent Principal or Interest |
Senior Loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Borrower A |  |  | 5.7% |  |  | Sep-17 |  | P&I |  | $ | — |  |  | $ | 33,000 |  |  | $ | 29,908 |  |  | $ | — |
Mezzanine Loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Borrower B |  |  | 10.0% |  |  | Nov-22 |  | I |  |  | 59,000 |  |  |  | 4,500 |  |  |  | 4,539 |  |  |  | — |
Borrower C |  |  | 9.0% |  |  | Jun-23 |  | I |  |  | 20,500 |  |  |  | 7,500 |  |  |  | 7,541 |  |  |  | — |
|  |  |  |  |  |  |  |  |  |  | 79,500 |  |  |  | 45,000 |  |  |  | 41,988 |  |  |  | — |
Investments in and Advances to Joint Ventures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Borrower D |  |  | 8.5% |  |  | Oct-21 |  | QI |  |  | 1,072,915 |  |  |  | 300,000 |  |  |  | 312,329 |  |  |  | — |
Borrower E |  |  | 8.5% |  |  | Dec-22 |  | QI |  |  | 169,895 |  |  |  | 82,634 |  |  |  | 82,827 |  |  |  | — |
|  |  |  |  |  |  |  |  |  | $ | 1,322,310 |  |  | $ | 427,634 |  |  | $ | 437,144 |  |  | $ | — |
(A) | I = Interest only; P&I = Principal & Interest; QI = Quarterly partial payment Interest only.
(B) | 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, 2015, are estimated.
(C) | Carrying amount includes all applicable accrued interest and accretion of discount to date, net of amounts reserved for impairment.
Changes in mortgage loans are summarized below (in thousands):
| For the Year Ended December 31, |
| 2015 |  |  | 2014 |  |  | 2013 |
Balance at beginning of period | $ | 357,754 |  |  | $ | 143,989 |  |  | $ | 246,907 |
Additions during period: |  |  |  |  |  |  |  |  |  |  |
New mortgage loans |  | 82,634 |  |  |  | 300,000 |  |  |  | 67,508 |
Interest |  | 7,212 |  |  |  | 6,120 |  |  |  | 4,853 |
Accretion of discount |  | 980 |  |  |  | 926 |  |  |  | 874 |
Deductions during period: |  |  |  |  |  |  |  |  |  |  |
Provision for loan loss reserve |  | — |  |  |  | (500 | ) |  |  | — |
Collections of principal and interest |  | (11,436 | ) |  |  | (92,781 | ) |  |  | (176,153 | )
Balance at close of period | $ | 437,144 |  |  | $ | 357,754 |  |  | $ | 143,989 |

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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 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29) -URI http://asc.fasb.org/extlink&oid=6589523&loc=d3e617274-123014 Reference 2: 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 + Details
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