Mortgage Notes Payable

3 Months Ended

Mar. 31, 2016

Mortgage Notes Payable [Abstract]

Debt Disclosure [Abstract]

MORTGAGE NOTES PAYABLE

In January 2016, we exercised our right to purchase the construction loan in the amount of $32.2 million secured by The Maxwell without penalty from the lender (see note 3, under "Variable Interest Entities").

In February 2016, we prepaid without penalty the remaining $50.9 million of the mortgage note secured by John Marshall II.