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Loans Receivable (Tables)
9 Months Ended
Sep. 30, 2015
Receivables [Abstract]  
Summary of Loans Receivable
The following is a summary of our loans receivable as of September 30, 2015 and December 31, 2014:
 
Loan carrying-value(1)
 
 
 
Loan
 
9/30/2015
 
12/31/2014
 
Interest Rate
 
Maturity Date
Westmont, IL(2)
 
$

 
$
12,152

 
6.45
%
 
10/2015
Southfield, MI(3)
 

 
3,296

 
4.55
%
 
02/2015
Kennewick, WA
 
85,451

 
85,254

 
9.00
%
 
05/2022
Oklahoma City, OK(4)
 
8,420

 

 
11.50
%
 
12/2015
Austin, TX(5)
 

 
2,800

 
16.00
%
 
10/2018
Other
 
1,935

 
2,133

 
8.00
%
 
2021-2022
 
 
$
95,806

 
$
105,635

 
 
 
 
(1)
Loan carrying value includes accrued interest and is net of origination costs and loan losses, if any.
(2)
In July 2015, the Company acquired the office property collateral and $2,521of cash collateral and received $1,400 in full settlement of its claim against the borrower. During the nine months ended September 30, 2015 and 2014, the Company recognized $0 and $1,284 of interest income relating to the impaired loan, respectively.
(3)
In April 2015, the Company acquired the office property collateral from the borrower. In 2015, the Company recognized $14 of interest income relating to the impaired loan.
(4)
In June 2015, the Company loaned a tenant-in-common $8,420. The loan is secured by the tenant-in-common's interest in an office property, in which the Company has a 40% interest.
(5)
In June 2015, the borrower satisfied the loan with a $3,545 payment, which included yield maintenance.