SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION

12 Months Ended

Dec. 31, 2015

SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]

Schedule III Real Estate and Accumulated Depreciation

SCHEDULE III

Real Estate and Accumulated Depreciation

December 31, 2015

(dollars in thousands)

	Column A	Column B		Column C		Column D		Column E		Column F			Column G	Column H
Description	Loan/Property	Encumbrances		Initial Cost to Company		Cost Capitalized Subsequent to Acquisition		Gross Amount at which Carried at Close of Period		Accumulated Depreciation			Date of Construction	Date Acquired
				Buildings and Land Improvements		Improvements Carrying Costs		Buildings and Land Improvements Total
Real Estate Owned:
Hotel Savannah, GA	Factor's Walk	$	10,531	$	10,187	$	6,720	$	16,907	$	(7,150	)	1853	6/30/2015
Commercial Philadelphia, PA	Headhouse	—		2,874		605		3,479		(2,602		)	1924	1/9/2009
		$	10,531	$	13,061	$	7,325	$	20,386	$	(9,752	)

	Balance as of December 31,
	2015		2014		2013
Balance, beginning of year	$	20,186	$	19,951	$	19,987
Additions:
Improvements	200		235		342
	20,386		20,186		20,329
Deductions during the period:
Cost of real estate sold	—		—		—
Other	—		—		378
Balance, end of year	$	20,386	$	20,186	$	19,951