Loans Receivable (Tables)

9 Months Ended

Sep. 30, 2016

Receivables [Abstract]

Summary of Loans Receivable

The following is a summary of our loans receivable as of September 30, 2016 and December 31, 2015:

	Loan carrying-value(1)
Loan		9/30/2016		12/31/2015		Interest Rate		Maturity Date
Kennewick, WA(2)		$	85,657	$	85,505	9.00	%	05/2022
Oklahoma City, OK(3)		8,501		8,501		11.50	%	03/2016
Other		1,650		1,865		8.00	%	2021-2022
		$	95,808	$	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% tenant-in-common interest. The loan was in default as of September 30, 2016 and the Company is exercising its remedies.