XML 64 R35.htm IDEA: XBRL DOCUMENT v2.4.0.8
Investments in Loans (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Mar. 31, 2014
Loan
Dec. 31, 2013
Loan
Mortgage Loans on Real Estate [Line Items]    
Unpaid Principal Balance $ 1,259,077 $ 1,146,574
Deferred fees (1,916) (800)
Total investments in loans, Unpaid Principal Balance 1,257,161 1,145,774
Total investment in loans, Unamortized (Discounts) Premiums (22,006) (23,397)
Carrying Amount 1,237,071 1,123,177
Commercial mortgages, mezzanine loans and other loans, Carrying Amount 1,235,155 1,122,377
Number of Loans 162 153
Weighted-Average Coupon 6.90% [1] 7.20% [2]
Deferred Fee
   
Mortgage Loans on Real Estate [Line Items]    
Total investment in loans, Unamortized (Discounts) Premiums 0 0
Commercial mortgages
   
Mortgage Loans on Real Estate [Line Items]    
Unpaid Principal Balance 927,998 792,526
Total investment in loans, Unamortized (Discounts) Premiums (18,137) (19,257)
Carrying Amount 909,861 773,269
Number of Loans 73 59
Weighted-Average Coupon 6.30% [1] 6.40% [2]
Range of Maturity Dates, Minimum May 01, 2014 Mar. 01, 2014
Range of Maturity Dates, Maximum Apr. 01, 2024 Jan. 01, 2029
Mezzanine Loans
   
Mortgage Loans on Real Estate [Line Items]    
Unpaid Principal Balance 257,845 269,034
Total investment in loans, Unamortized (Discounts) Premiums (3,021) (3,273)
Carrying Amount 254,824 265,761
Number of Loans 77 81
Weighted-Average Coupon 9.50% [1] 9.60% [2]
Range of Maturity Dates, Minimum Jun. 01, 2014 Mar. 01, 2014
Range of Maturity Dates, Maximum Jan. 01, 2029 Jan. 01, 2029
Preferred Equity Interests
   
Mortgage Loans on Real Estate [Line Items]    
Unpaid Principal Balance 42,609 54,389
Total investment in loans, Unamortized (Discounts) Premiums (914) (939)
Carrying Amount 41,695 53,450
Number of Loans 10 11
Weighted-Average Coupon 7.70% [1] 8.60% [2]
Range of Maturity Dates, Minimum May 01, 2015 May 01, 2015
Range of Maturity Dates, Maximum Aug. 01, 2025 Aug. 01, 2025
CRE Loans
   
Mortgage Loans on Real Estate [Line Items]    
Unpaid Principal Balance 1,228,452 1,115,949
Total investment in loans, Unamortized (Discounts) Premiums (22,072) (23,469)
Carrying Amount 1,206,380 1,092,480
Number of Loans 160 151
Weighted-Average Coupon 7.00% [1] 7.30% [2]
Other loans
   
Mortgage Loans on Real Estate [Line Items]    
Unpaid Principal Balance 30,625 30,625
Total investment in loans, Unamortized (Discounts) Premiums 66 72
Carrying Amount, Other loans $ 30,691 $ 30,697
Number of Loans 2 2
Weighted-Average Coupon 4.30% [1] 4.30% [2]
Range of Maturity Dates, Minimum Jun. 01, 2014 Mar. 01, 2014
Range of Maturity Dates, Maximum Oct. 01, 2016 Oct. 01, 2016
[1] Weighted-average coupon is calculated on the unpaid principal amount of the underlying instruments, which does not necessarily correspond to the carrying amount.
[2] Weighted-average coupon is calculated on the unpaid principal amount of the underlying instruments which does not necessarily correspond to the carrying amount.