Notes and Accounts Receivable, net Notes and Accounts Receivable, net (Tables)

9 Months Ended

Sep. 30, 2017

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

The following table presents the Company’s investments in loans, measured at fair value pledged as collateral:

	As of
	September 30, 2017		December 31, 2016
Corporate loans	$	161,000	$	175,365
Mortgage loans held for sale	111,927		117,734
Non-performing loans	39,537		60,409
Total fair value of loans pledged as collateral	$	312,464	$	353,508

The following table presents the Company’s investments in loans, measured at amortized cost:

	As of
	September 30, 2017		December 31, 2016
Loans at amortized cost, net
Asset backed loans and other loans, net	$	152,168	$	115,033
Less: Allowance for loan losses	1,572		1,195
Total loans at amortized cost, net	$	150,596	$	113,838
Net deferred loan origination fees included in asset backed loans	$	5,701	$	5,244

The following tables present the Company’s investments in loans, measured at fair value:

	As of September 30, 2017							As of December 31, 2016
	Fair value		Unpaid principal balance (UPB)		Fair value exceeds / (below) UPB			Fair value		Unpaid principal balance (UPB)		Fair value exceeds / (below) UPB
Loans, at fair value
Corporate loans	$	162,512	$	162,582	$	(70	)	$	175,558	$	176,808	$	(1,250	)
Mortgage loans held for sale	114,461		110,803		3,658			121,439		118,162		3,277
Non-performing loans	44,980		62,237		(17,257		)	74,923		113,892		(38,969		)
Other loans receivable	1,169		1,169		—			1,169		1,169		—
Total loans, at fair value	$	323,122	$	336,791	$	(13,669	)	$	373,089	$	410,031	$	(36,942	)

The following table presents additional information on the Company’s asset backed loans:

	As of
	September 30, 2017		December 31, 2016
Pledged as collateral	$	157,169	$	119,558
Loans receivable, net, attributable to a subsidiary in our specialty finance business	$	149,896	$	113,138

The following table summarizes the total notes and accounts receivable, net:

	As of
	September 30, 2017		December 31, 2016
Premium financing program (1)	$	15,403	$	20,615
Notes from affiliates of partner (2)	3,862		3,862
Other	45		298
Notes receivable, net	$	19,310	$	24,775
Accounts and premiums receivable, net	60,763		45,041
Retrospective commissions receivable	65,156		59,175
Other receivables	33,497		28,509
Total	$	178,726	$	157,500

(1) Related to the Company’s specialty insurance business.

(2) Related to the Company’s senior living business, which owns a 75% interest in a managed property. The remaining 25% interest is owned by our joint venture partner.