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COMMITMENTS AND CONTINGENCIES
 12 Months Ended
Dec. 31, 2017
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES

As of December 31, 2017 and 2016, the Company had the following commitments to fund various senior mortgage loans, subordinated debt investments, as well as preferred equity investments accounted for as loans held for investment ($ in thousands):
 
As of December 31,
 
2017
 
2016
Total commitments
$
1,847,534

 
$
1,380,805

Less: funded commitments
(1,737,286
)
 
(1,311,655
)
Total unfunded commitments
$
110,248

 
$
69,150



The Company from time to time may be party to litigation relating to claims arising in the normal course of business. As of December 31, 2017, the Company is not aware of any legal claims that could materially impact its business, financial condition or results of operations.