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Schedule IV Mortgage Loans on Real Estate (Details 1) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Reconciliation of Mortgage Loans on Real Estate:      
Balance at January 1 (1) $ 869,269 [1] $ 3,503,447 [1] $ 1,175,792 [1]
Additions during period:      
Impact of consolidation due to change in accounting principal (2)    [2]    [2] 2,845,241 [2]
Consolidation of additional securitization vehicle (3)    [3] 22,437 [3]    [3]
New mortgage loans         
Additional fundings (4) 26 [4] 478 [4] 2,021 [4]
Amortization of discount, net (5) 180 [5] 1,773 [5] 1,364 [5]
Recovery of provision for loan losses 36,147 21,973   
Deductions during period:      
Deconsolidation of subsidiaries (6) (645,163) [6] (595,920) [6]    [6]
Collections of principal (118,959) (2,069,799) (328,408)
Transfers to real estate held-for-sale       (12,054)
Transfers to other assets (7)    [7] (7,914) [7] (6,614) [7]
Provision for loan losses       (146,478)
Valuation allowance on loans held-for-sale    (1,456) (2,119)
Mortgage loans sold    (5,750) (25,298)
Balance at December 31 $ 141,500 $ 869,269 [1] $ 3,503,447 [1]
[1] All amounts include both loans receivable and loans held-for-sale.
[2] Loans with an aggregate principal balance of $2.98 billion as of December 31, 2009 have been consolidated onto our balance sheet beginning January 1, 2010, as discussed in Note 2.
[3] We consolidated an additional securitization vehicle, GECMC 2000-1, beginning in the third quarter of 2011.
[4] Includes deferred interest, which is a non-cash addition to the balance of mortgage loans, of $26,000, $478,000, and $378,000 for the years ended December 31, 21012, 2011, and 2010, respectively.
[5] Net discount amortization represents an entirely non-cash addition to the balance of mortgage loans.
[6] During 2012, we ceased consolidation of various subsidiaries. See Note 1 for further discussion.
[7] Includes one loan which was restructured in January 2011 and converted to a $7.9 million equity participation in the borrower entity, as well as one loan which was restructured in June 2010 and converted to a $6.6 million equity participation in the borrower entity. These equity investments have been reclassified to Accrued Interest Receivable and Other Assets of CT Legacy REIT, and consolidated securitization vehicles, respectively, on our consolidated balance sheet as of December 31, 2011.