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Loans Receivable
 6 Months Ended
Jun. 30, 2016
Receivables [Abstract]  
Loans Receivable
Loans Receivable
As of June 30, 2016 and December 31, 2015, the Company's loans receivable were comprised primarily of mortgage loans on real estate.
The following is a summary of our loans receivable as of June 30, 2016 and December 31, 2015:
 
Loan carrying-value(1)
 
 
 
Loan
 
6/30/2016
 
12/31/2015
 
Interest Rate
 
Maturity Date
Kennewick, WA(2)
 
$
85,605

 
$
85,505

 
9.00
%
 
05/2022
Oklahoma City, OK(3)
 
8,501

 
8,501

 
11.50
%
 
03/2016
Other
 
1,723

 
1,865

 
8.00
%
 
2021-2022
 
 
$
95,829

 
$
95,871

 
 
 
 
(1)
Loan carrying value includes accrued interest and is net of origination costs, if any.
(2)
Loan provides for a current pay rate of 8.75%, an accrual rate of 9.0% and a balloon of $87,245 at maturity.
(3)
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. The loan was in default as of June 30, 2016 and the Company is exercising its remedies.

The Company has one type of financing receivable, loans receivable secured by interests in commercial real estate. The Company determined that its financing receivables operated within one portfolio segment as they were within the same industry and used the same impairment methodology. In addition, the Company assesses all financing receivables for impairment, when warranted, based on an individual analysis of each receivable.
The Company's financing receivables operate within one class of financing receivables as these assets (1) are collateralized by commercial real estate and (2) similar metrics are used to monitor the risk and performance of these assets. The Company's management uses credit quality indicators to monitor financing receivables such as quality of collateral, the underlying tenant's credit rating and collection experience. As of June 30, 2016, the financing receivables were performing as anticipated and there were no significant delinquent amounts outstanding, other than the maturity default of the borrower of the Oklahoma City, Oklahoma loan listed above.