XML 26 R14.htm IDEA: XBRL DOCUMENT v3.5.0.2
Other Assets
6 Months Ended
Jun. 30, 2016
Schedule of Investments [Abstract]  
Other Assets
Other Assets
The following table summarizes the Company's other assets as of June 30, 2016 and December 31, 2015.
$ in thousands
June 30, 2016
 
December 31, 2015
FHLBI stock
74,250

 
75,375

Investments in unconsolidated ventures
33,037

 
38,413

Prepaid expenses
996

 
1,284

Total
108,283

 
115,072


IAS Services LLC, the Company's wholly-owned subsidiary, is required to purchase and hold FHLBI stock as a condition of membership in the Federal Home Loan Bank of Indianapolis ("FHLBI"). The stock is recorded at cost.
The Company has invested in unconsolidated ventures that are managed by an affiliate of the Company's Manager. The unconsolidated ventures invest in the Company's target assets. Refer to Note 16 - "Commitments and Contingencies" for additional details regarding the Company's commitments to these unconsolidated ventures.