Notes and Other Receivables (Tables)

3 Months Ended

Mar. 31, 2012

Notes and Other Receivables [Abstract]

Notes and Other Receivables [Table Text Block]

Notes receivable secured by real estate, and other receivables consist of the following as of March 31, 2012 and December 31, 2011 (dollars in thousands):

	March 31,		December 31,
	2012		2011
Note receivable, secured, bearing interest at 9.8%, paid in full January 2012	$	-	$	7,331
Note receivable, secured, bearing interest at 5.0%, due November 2012 (1)		-		12,428
Note receivable, secured, bearing interest at 8.8%, due December 2012		10,921		10,928
Note receivable, secured, bearing interest at LIBOR + 8.0%, due December 2012		6,397		6,422
Note receivable, secured, bearing interest at 8.0%, due November 2013		971		971
Note receivable, secured, effective interest at 9.6%, due February 2014		17,870		17,646
Note receivable, secured, bearing interest at 4.0%, due December 2014		3,199		3,221
Note and other receivables from affiliates		3,705		2,734
Other receivables		4,990		4,688
	$	48,053	$	66,369

(1) The note receivable was contributed to the Elkhorn co-investment, as discussed in Note 2, during the first quarter of 2012.