XML 83 R35.htm IDEA: XBRL DOCUMENT v3.19.3
Loans Held for Investment (Detail)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2019
USD ($)
Loan
Dec. 31, 2018
USD ($)
Loan
Mar. 31, 2018
USD ($)
Mortgage Loans On Real Estate [Line Items]      
Unpaid Principal Balance     $ 90,260
Carrying Amount $ 6,967    
Commercial Portfolio Segment      
Mortgage Loans On Real Estate [Line Items]      
Unpaid Principal Balance 438,542 [1] $ 502,974 [2]  
Total investment in loans, Unamortized (Discounts) Premiums 99 [1] 97 [2]  
Carrying Amount $ 438,641 [1] $ 503,071 [2]  
Number of Loans | Loan 46 [1] 51 [2]  
Weighted-Average Coupon [3] 7.20% [1] 7.20% [2]  
Deferred fees and costs, net $ (397) [4] $ (674) [5]  
Total investments in loans, Unpaid Principal Balance 438,145 502,300  
Commercial mortgages, mezzanine loans and other loans, Carrying Amount 438,244 502,397  
Commercial mortgage loans | Commercial Portfolio Segment      
Mortgage Loans On Real Estate [Line Items]      
Unpaid Principal Balance 388,913 453,283  
Total investment in loans, Unamortized (Discounts) Premiums (64) (66)  
Carrying Amount $ 388,849 $ 453,217  
Number of Loans | Loan 30 35  
Weighted-Average Coupon [3] 6.90% 6.90%  
Range of Maturity Dates, Minimum Apr. 30, 2019 Feb. 28, 2019  
Range of Maturity Dates, Maximum Jun. 30, 2025 Jun. 30, 2025  
Mezzanine Loans | Commercial Portfolio Segment      
Mortgage Loans On Real Estate [Line Items]      
Unpaid Principal Balance $ 21,114 $ 21,114  
Total investment in loans, Unamortized (Discounts) Premiums 164 164  
Carrying Amount $ 21,278 $ 21,278  
Number of Loans | Loan 3 3  
Weighted-Average Coupon [3] 13.30% 13.30%  
Range of Maturity Dates, Minimum Jun. 30, 2020 Jun. 30, 2020  
Range of Maturity Dates, Maximum Mar. 31, 2023 Mar. 31, 2023  
Preferred Equity Interests | Commercial Portfolio Segment      
Mortgage Loans On Real Estate [Line Items]      
Unpaid Principal Balance $ 28,515 $ 28,577  
Total investment in loans, Unamortized (Discounts) Premiums (1) (1)  
Carrying Amount $ 28,514 $ 28,576  
Number of Loans | Loan 13 13  
Weighted-Average Coupon [3] 6.00% 6.00%  
Range of Maturity Dates, Minimum Mar. 31, 2023 Mar. 31, 2023  
Range of Maturity Dates, Maximum Jun. 30, 2029 Jun. 30, 2029  
[1] Includes $53,128 of cash flow loans, of which $7,148 are commercial mortgage loans, $21,114 are mezzanine loans and $24,866 are preferred equity interests. See Note 2: Summary of Significant Accounting Policies, (j) Revenue Recognition, for further discussion of our cash flow loans.
[2] Includes $54,621 of cash flow loans, of which $8,579 are commercial mortgage loans, $21,114 are mezzanine loans and $24,928 are preferred equity interests. See Note 2: Summary of Significant Accounting Policies, (j) Revenue Recognition, for further discussion of our cash flow loans.
[3] Weighted-average coupon is calculated on the unpaid principal balance, which does not necessarily correspond to the carrying amount.
[4] Includes $1,703 of deferred fees, net of $1,306 of deferred costs.
[5] Includes $2,558 of deferred fees, net of $1,884 of deferred costs.