Schedule IV - Mortgage Loans Held On Real Estate Schedule IV - Mortgage Loans Held On Real Estate

12 Months Ended

Dec. 31, 2018

SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]

Schedule IV - Mortgage Loans on Real Estate

									Principal
									Amount of
									Loans Subject
		Final	Periodic		Face		Carrying		to Delinquent
	Interest	Maturity	Payment	Prior	Amount of		Amount of		Principal or
Description	Rate (a)	Date	Terms (b)	Liens	Mortgages		Mortgages		"Interest"
Junior Mezzanine Loans:
Astor — New York, New York	L + 14.85%	5/9/2021	P/I	N/A	$	38,756	$	38,915	$	—
88 Lex — New York, New York	L + 14.85%	5/9/2021	P/I	N/A	24,961		25,102		—
90 Lex — New York, New York	L + 14.85%	5/9/2021	P/I	N/A	15,440		15,523		—
Metro — New York, New York	L + 14.85%	5/9/2021	P/I	N/A	10,138		10,222		—
					$	89,295	$	89,762	$	—

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(a) L = one month LIBOR rate.

(b) P/I = principal and interest.

The following table reconciles mortgage loans on real estate for the years ended December 31 (in thousands):

	Year Ended December 31,
	2018
Balance, beginning of period	$	—
Additions during period:
New loans	89,295
Capitalized interest	384
Accretion of fees and other items	268
Total additions	$	89,947
Less: Deductions during period:
Deferred fees and other items	(185		)
Total deductions	(185		)
Balance, end of period	$	89,762