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Schedule IV - Mortgage Loans Held For Investment
 12 Months Ended
Dec. 31, 2016
Mortgage Loans on Real Estate [Abstract]  
Schedule IV - Mortgage Loans Held For Investment
Schedule IV – Mortgage Loans Held For Investment
Description
 
Location
 
Interest Rate
 
Final Maturity Date
 
Periodic Payment Terms
 
Prior Liens
 
Face Amount of Mortgages
 
Carrying Amount of Mortgages
 
Principal Amount of Loans Subject to Delinquent Principal or Interest
Long-Term Mortgage Loans
Bank Of America, N.A.
 
Mt. Airy, MD
 
6.42%
 
12/15/2026
 
P&I
 
N/A
 
$
2,598

 
$
2,836

 
$
—

CVS Caremark Corporation
 
Evansville, IN
 
6.22%
 
1/15/2033
 
P&I
 
N/A
 
2,670

 
2,934

 
—

CVS Caremark Corporation
 
Greensboro, GA
 
6.52%
 
1/15/2030
 
P&I
 
N/A
 
1,002

 
1,116

 
—

CVS Caremark Corporation
 
Shelby Twp., MI
 
5.98%
 
1/15/2031
 
P&I
 
N/A
 
2,022

 
2,177

 
—

Koninklijke Ahold, N.V.
 
Bensalem, PA
 
7.24%
 
5/15/2020
 
P&I
 
N/A
 
1,489

 
1,617

 
—

Lowes Companies, Inc.
 
Framingham, MA
 
5.87%
 
9/15/2031
 
(1)
 
N/A
 
5,872

 
1,944

 
—

Walgreen Co.
 
Dallas, TX
 
6.46%
 
12/15/2029
 
P&I
 
N/A
 
2,517

 
2,796

 
—

Walgreen Co.
 
Nacogdoches, TX
 
6.80%
 
9/15/2030
 
P&I
 
N/A
 
2,758

 
3,116

 
—

Walgreen Co.
 
Rosemead, CA
 
6.26%
 
12/15/2029
 
P&I
 
N/A
 
3,848

 
4,228

 
—

Total
 
 
 
 
 
 
 
 
 
 
 
$
24,776


$
22,764


$
—

_______________________________________________
(1) Zero coupon rate with balloon payment due at maturity.
 
 
Years Ended December 31,
 
 
2016
 
2015
 
2014
Beginning Balance
 
$
24,238

 
$
26,806

 
$
26,279

Additions during the year:
 
 
 
 
 
 
Acquired in Cole Merger
 
—

 
—

 
72,326

Investments in mortgage notes
 
—

 
—

 
2,952

Deductions during the year:
 
 
 
 
 
 
Principal payments received on loan investments
 
(1,339
)
 
(2,417
)
 
(74,109
)
Amortization of unearned discounts and premiums
 
(135
)
 
(151
)
 
(642
)
Ending Balance
 
$
22,764


$
24,238


$
26,806

Schedule IV – Mortgage Loans Held For Investment
Description
 
Location
 
Interest Rate
 
Final Maturity Date
 
Periodic Payment Terms
 
Prior Liens
 
Face Amount of Mortgages
 
Carrying Amount of Mortgages
 
Principal Amount of Loans Subject to Delinquent Principal or Interest
Long-Term Mortgage Loans
Bank Of America, N.A.
 
Mt. Airy, MD
 
6.42%
 
12/15/2026
 
P&I
 
N/A
 
$
2,598

 
$
2,836

 
$
—

CVS Caremark Corporation
 
Evansville, IN
 
6.22%
 
1/15/2033
 
P&I
 
N/A
 
2,670

 
2,934

 
—

CVS Caremark Corporation
 
Greensboro, GA
 
6.52%
 
1/15/2030
 
P&I
 
N/A
 
1,002

 
1,116

 
—

CVS Caremark Corporation
 
Shelby Twp., MI
 
5.98%
 
1/15/2031
 
P&I
 
N/A
 
2,022

 
2,177

 
—

Koninklijke Ahold, N.V.
 
Bensalem, PA
 
7.24%
 
5/15/2020
 
P&I
 
N/A
 
1,489

 
1,617

 
—

Lowes Companies, Inc.
 
Framingham, MA
 
5.87%
 
9/15/2031
 
(1)
 
N/A
 
5,872

 
1,944

 
—

Walgreen Co.
 
Dallas, TX
 
6.46%
 
12/15/2029
 
P&I
 
N/A
 
2,517

 
2,796

 
—

Walgreen Co.
 
Nacogdoches, TX
 
6.80%
 
9/15/2030
 
P&I
 
N/A
 
2,758

 
3,116

 
—

Walgreen Co.
 
Rosemead, CA
 
6.26%
 
12/15/2029
 
P&I
 
N/A
 
3,848

 
4,228

 
—

Total
 
 
 
 
 
 
 
 
 
 
 
$
24,776

 
$
22,764

 
$
—

_______________________________________________
(1) Zero coupon rate with balloon payment due at maturity.
 
 
Years Ended December 31,
 
 
2016
 
2015
 
2014
Beginning Balance
 
$
24,238

 
$
26,806

 
$
26,279

Additions during the year:
 
 
 
 
 
 
Acquired in Cole Merger
 
—

 
—

 
72,326

Investments in mortgage notes
 
—

 
—

 
2,952

Deductions during the year:
 
 
 
 
 
 
Principal payments received on loan investments
 
(1,339
)
 
(2,417
)
 
(74,109
)
Amortization of unearned discounts and premiums
 
(135
)
 
(151
)
 
(642
)
Ending Balance
 
$
22,764

 
$
24,238

 
$
26,806