Notes and Other Receivables

9 Months Ended

Sep. 30, 2014

Notes and Other Receivables [Abstract]

Notes and Other Receivables

(4) Notes and Other Receivables

Notes receivable secured by real estate and other receivables consist of the following as of September 30, 2014 and December 31, 2013 (in thousands):

	September 30, 2014		December 31, 2013
Notes receivable, secured, bearing interest at 4.0% per annum, principal and accrued interest due December 2014 (1)	$	3,212	$	3,212
Notes and other receivables from affiliates (2)		9,086		60,968
Other receivables (3)		10,675		4,075
	$	22,973	$	68,255

(1) The borrower funds an impound account for capital replacement.

(2) The Company had $9.1 million of short-term loans outstanding and due from various legacy and BRE joint ventures. See Note 5, Related Party Transaction, for additional details.

(3) The Company has BRE and legacy receivables for utilities, rents and other tenant receivables.