Debt (Tables)

12 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

Mortgage Loans Payable

The Liquidating Trust’s mortgage loans payable at December 31, 2016 and Winthrop’s mortgage loans payable at December 31, 2015 are summarized as follows (in thousands):

Location of Collateral	Maturity		Spread Over LIBOR (1)		Interest Rate at December 31, 2016			December 31, 2016		December 31, 2015
Lisle, IL		Mar 2017		—		5.55	%	$	5,230	$	5,309
Orlando, FL		Jul 2017		—		6.40	%		34,950		35,668
Plantation, FL		Apr 2018		—		6.48	%		10,255		10,406
Houston, TX (2)		Jun 2018		Libor + 2.75%		3.52	%		45,000		—
Oklahoma City, OK (3)		Feb 2021		—		5.70	%		8,790		—
Churchill, PA		Aug 2024		—		3.50	%		4,601		4,782
Chicago, IL (4)		N/A		—		N/A			—		19,104
Houston, TX (5)		N/A		—		N/A			—		44,319
Stamford, CT (5)		N/A		—		N/A			—		33,448
Greensboro, NC (6)		N/A		—		N/A			—		13,600
Lisle, IL (7)		N/A		—		N/A			—		5,459
								$	108,826	$	172,095

(1) The one-month LIBOR rate at December 31, 2016 was 0.77167%. The one-month LIBOR rate at December 31, 2015 was 0.4295%.

(2) The property was financed on June 9, 2016. Winthrop purchased an interest rate cap which caps LIBOR at 1.5%.

(3) The property was reclassified as an investment in real estate as of November 30, 2016 due to a change in exit strategy. The property was classified as an equity investment in previous filings. See Note 3 – Basis of Presentation.

(4) The loan was repaid in full on April 28, 2016.

(5) These properties were cross-collateralized. Proceeds from property sales went 100% to repay the mortgage loan. The loan was repaid in full on May 19, 2016.

(6) The loan was repaid in full on May 12, 2016.

(7) The loan was repaid in full on August 19, 2016.

Summary of the Future Principal Repayments Of Mortgage Loans Payable

The following table summarizes future principal repayments of mortgage loans payable as of December 31, 2016 (in thousands):

Year	Amount
2017		40,798
2018		55,644
2019		632
2020		755
2021		8,771
Thereafter		2,226
	$	108,826