Loans Receivable (Tables)

9 Months Ended

Sep. 30, 2013

Loans Receivable

Schedule of loans receivable

The following table summarizes the Company’s loans receivable (in thousands):

	September 30, 2013								December 31, 2012
	Real Estate Secured		Other Secured			Total			Real Estate Secured		Other Secured			Total
Mezzanine	$	—	$	245,535		$	245,535		$	—	$	145,150		$	145,150
Other(1)	161,471		—			161,471			147,264		—			147,264
Unamortized discounts, fees and costs	—		(2,793		)	(2,793		)	—		(2,974		)	(2,974		)
Allowance for loan losses	—		(13,410		)	(13,410		)	—		(13,410		)	(13,410		)
	$	161,471	$	229,332		$	390,803		$	147,264	$	128,766		$	276,030

(1) Includes $110 million and $72 million at September 30, 2013 and December 31, 2012, respectively, of construction loans outstanding related to senior housing development projects.  At September 30, 2013, the Company had $37 million remaining in its commitments to fund development projects.