Net Investment in Direct Financing Leases (Tables)

12 Months Ended

Dec. 31, 2016

Loans Receivable:

Schedule of components of net investment in DFLs (dollars in thousands)

The components of net investment in DFLs consisted of the following (dollars in thousands):

	December 31,
	2016		2015
Minimum lease payments receivable	$	1,108,237	$	1,155,215
Estimated residual values		539,656		535,161
Less unearned income		(895,304)		(939,683)
Net investment in direct financing leases	$	752,589	$	750,693
Properties subject to direct financing leases		30		30

DFL Portfolio

Loans Receivable:

Future minimum lease payments contractually due under DFLs

The following table summarizes future minimum lease payments contractually due under DFLs at December 31, 2016 (in thousands):

Year	Amount
2017	$	91,770
2018		66,121
2019		67,526
2020		62,234
2021		62,641
Thereafter		757,945
	$	1,108,237

Summary of the Company's internal ratings for DFLs (dollars in thousands)

The following table summarizes the Company’s internal ratings for net investment in DFLs at December 31, 2016 (dollars in thousands):

	Carrying		Percentageof	Internal Ratings
Segment	Amount		DFL Portfolio	Performing DFLs		Watch List DFLs		Workout DFLs
SH NNN	$	628,698	84	$	267,897	$	360,801	$	—
Other		123,891	16		123,891		—		—
	$	752,589	100	$	391,788	$	360,801	$	—