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Subsequent Events
9 Months Ended
Sep. 30, 2013
Subsequent Events [Abstract]  
Subsequent Events

20. SUBSEQUENT EVENTS

Subsequent to quarter-end, we originated an additional three loans with total commitments of $330.8 million, of which an aggregate $315.7 million was funded at closing, and we borrowed $214.3 million under existing repurchase facilities.

On October 3, 2013, we granted 470,593 shares of restricted class A common stock to certain officers and members of our board of directors, our Manager, and an employee of an affiliate of our Manager. These awards were granted pursuant to award agreements under our Current Plans. Refer to Note 16 for additional discussion of our Current Plans.

On October 9, 2013, CT Legacy Partners made a $75.0 million distribution to its Class A-1, Class A-2, and Class B common shareholders, including $36.2 million to us. We paid $11.1 million of this distribution to fully repay the principal and interest due under our secured notes, and $4.8 million under the CT Legacy Partner’s management incentive awards plan.