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Previously Consolidated Variable Interest Entities (Details Narrative) (USD $)
In Thousands, unless otherwise specified
12 Months Ended 12 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Previously Consolidated Variable Interest Entities
Dec. 31, 2011
Previously Consolidated Variable Interest Entities
Dec. 31, 2011
Previously Consolidated Variable Interest Entities
Repurchase Obligations (JP Morgan)
Dec. 31, 2011
Previously Consolidated Variable Interest Entities
Mezzanine Loans
Dec. 31, 2011
Previously Consolidated Variable Interest Entities
Loans Held For Sale
Dec. 31, 2011
Previously Consolidated Variable Interest Entities
Gross Book Value
Dec. 31, 2011
Previously Consolidated Variable Interest Entities
Senior Mortgage Loan 1
Dec. 31, 2011
Previously Consolidated Variable Interest Entities
Subordinated interests in mortgages Loan 2
Dec. 31, 2011
Previously Consolidated Variable Interest Entities
Subordinated interests in mortgages Loan 3
Dec. 31, 2011
Previously Consolidated Variable Interest Entities
Subordinated interests in mortgages Loan 4
Dec. 31, 2011
Previously Consolidated Variable Interest Entities
Subordinated interests in mortgages Loan 5
Dec. 31, 2011
Previously Consolidated Variable Interest Entities
CMBS
Dec. 31, 2011
Previously Consolidated Variable Interest Entities
CDOs and Other
Dec. 31, 2012
Five Mile
Dec. 31, 2012
Former lenders under credit facility
Dec. 31, 2012
ExcludingSecuritizationVehiclesMember
Repurchase obligation
Dec. 31, 2011
ExcludingSecuritizationVehiclesMember
Mezzanine Loans
Feb. 10, 2012
CT Legacy Asset
Dec. 31, 2011
CT Legacy Asset
Total assets $ 322,343 $ 1,366,316                                      
Total liabilties 168,890 1,495,255                                      
Beneficial ownership of CT Legacy REIT 52.00%                             24.00% 24.00%        
Impairment previously recorded in other comprehensive income     160                                    
Number of securities       35                                  
Number of investments       57                   52 5            
Estimated Fair Value       351,800                   349,700 2,100            
Securities held-to-maturity    361,574   361,574                                  
Number of loans in maturity default       6                                  
Book value of loans in maturity default       65,200                                  
Number of loan modifications       5                                  
Description of modification                 a nine-month extension of a $19.0 million senior mortgage loan which is in maturity default a two-year forbearance of a $24.3 million subordinate mortgage interest, including a 2.0% spread increase which will accrue on a deferred basis a 28-month extension of a $33.0 million subordinate mortgage interest a two-year extension of a $13.7 million subordinate mortgage interest coupled with a 2% increase in rate on a deferred basis a two-year forbearance of a $15.0 million subordinate mortgage interest coupled with a 1% decrease in rate                
Change in interest rate spread (percent)                   2.00%                      
Change in interest rate (percent)                       2.00% (1.00%)                
Extension in trouble debt restructuring                 9 months 2 years 2 years 4 months 2 years 2 years                
Troubled debt restructuring - loan principal balance                 19,000 24,300 33,000 13,700 15,000                
Trouble debt restructing - impairment (percent)                         100.00%                
Trouble debt restructing - impairment                         15,000                
Number of loans             1                            
Loans held-for-sale, net    30,875         30,875                            
Loans held-for-sale, net book value       681,053     32,300                            
Real Estate Held-for-Sale                                          
Real estate held for sale    10,342   10,342       25,300                          
Debt Lender         JP Morgan                         JP Morgan      
Maturity date       Jan. 31, 2032 [1] Dec. 15, 2014 [1] Mar. 31, 2016 [1],[2]                       Dec. 15, 2014      
Interest rate, description         LIBOR+2.50%                         LIBOR+6.00% Rate of interest that maybe be deferred - 7%    
Interest rate, spread         2.50%                         6.00%      
Interest rate, deferred                                     7.00%    
Refinance date                                   Feb. 10, 2012      
Securitized Debt Obligations                                          
Loans receivable pledged as collateral       708,500                                  
Securities pledged as collateral       361,600                                  
Non-cash interest expense, interest rate swaps                                       291 1,300
Reclassification due to termination of effective hedge designation 2,481 5,038                                   1,800 3,200
Interest rate swaps, net payments ineffective hedge                                       $ 262 $ 2,300
[1] Maturity dates represent the contractual maturity of each debt obligation. Repayment of securitized debt is a function of collateral cash flows which are disbursed in accordance with the contractual provisions of each trust, and is generally expected to occur prior to the maturity date above.
[2] The mezzanine loan carries a 10.50% per annum interest rate, of which 7.0% per annum may be deferred. The all-in cost of the mezzanine loan includes the amortization of deferred fees and expenses.