As of June 30, 2016 and December 31, 2015 we held the following debt investments with an aggregate weighted average current yield of 9.55% at June 30, 2016 (in thousands):



Loan Type	June 30, 2016 Future Funding Obligations		June 30, 2016 Senior Financing		June 30, 2016 Carrying Value ⁽¹⁾		December 31, 2015 Carrying Value ⁽¹⁾		Maturity Date ⁽²⁾
Fixed Rate Investments:
Mezzanine Loan	$	—	$	165,000	$	72,271	$	72,102	October 2016
Jr. Mortgage Participation/Mezzanine Loan	—		1,109,000		189,380		104,661		March 2017
Mezzanine Loan^(3a)	10,000		502,100		55,988		41,115		June 2017
Mortgage Loan⁽⁴⁾	—		—		26,284		26,262		February 2019
Mortgage Loan	—		—		447		513		August 2019
Mezzanine Loan	—		15,000		3,500		3,500		September 2021
Mezzanine Loan^(3b)	—		89,527		19,939		19,936		November 2023
Mezzanine Loan^(3c)	—		115,000		12,921		24,916		June 2024
Mezzanine Loan	—		95,000		30,000		30,000		January 2025
Mezzanine Loan⁽⁵⁾	—		—		—		49,691
Jr. Mortgage Participation⁽⁶⁾	—		—		—		49,000
Other⁽⁶⁾⁽⁷⁾	—		—		—		23,510
Other⁽⁶⁾⁽⁷⁾	—		—		—		66,183
Total fixed rate	$	10,000	$	2,090,627	$	410,730	$	511,389
Floating Rate Investments:
Mortgage/Mezzanine Loan⁽⁸⁾	—		—		105,278		94,901		October 2016
Mezzanine Loan	—		360,000		99,811		99,530		November 2016
Mezzanine Loan	8,459		136,384		52,827		49,751		December 2016
Mezzanine Loan	281		39,201		13,761		13,731		December 2016
Mortgage/Mezzanine Loan^(3d)	43,572		—		137,150		134,264		January 2017
Mezzanine Loan	1,127		118,949		28,796		28,551		January 2017
Mezzanine Loan^(3e)(9)	—		40,000		15,212		68,977		June 2017
Mortgage/ Mezzanine Loan	—		—		32,679		—		June 2017
Mortgage/Mezzanine Loan	—		—		22,919		22,877		July 2017
Mortgage/Mezzanine Loan	—		—		16,931		16,901		September 2017
Mortgage/Mezzanine Loan	4,234		—		19,607		19,282		October 2017
Mezzanine Loan	—		60,000		14,931		14,904		November 2017
Mezzanine Loan^(3f)	—		85,000		15,011		29,505		December 2017
Mezzanine Loan^(3g)	—		65,000		14,542		28,563		December 2017
Mortgage/Mezzanine Loan^(3h)	795		—		14,998		14,942		December 2017
Jr. Mortgage Participation	—		40,000		19,880		19,846		April 2018
Mezzanine Loan	—		175,000		34,785		34,725		April 2018
Jr. Mortgage Participation/Mezzanine Loan⁽³ⁱ⁾	—		55,000		10,512		20,510		July 2018
Mortgage/Mezzanine Loan⁽¹⁰⁾	523		20,523		10,829		31,210		August 2018
Mezzanine Loan	2,325		45,025		34,318		—		October 2018
Mezzanine Loan	—		33,000		26,812		26,777		December 2018
Mezzanine Loan	4,560		156,383		54,731		52,774		December 2018
Mezzanine Loan	23,456		217,202		55,217		49,625		December 2018



Loan Type	June 30, 2016 Future Funding Obligations		June 30, 2016 Senior Financing		June 30, 2016 Carrying Value ⁽¹⁾		December 31, 2015 Carrying Value ⁽¹⁾		Maturity Date ⁽²⁾
Mezzanine Loan	6,383		16,383		5,363		—		January 2019
Mezzanine Loan	—		38,000		21,869		21,845		March 2019
Mezzanine Loan	—		265,000		24,646		—		April 2019
Mezzanine Loan⁽¹¹⁾	—		—		—		22,625
Mezzanine Loan⁽¹²⁾	—		—		—		74,700
Mezzanine Loan⁽¹³⁾	—		—		—		66,398
Jr. Mortgage Participation/Mezzanine Loan⁽⁶⁾	—		—		—		18,395
Mezzanine Loan⁽¹⁴⁾	—		—		—		40,346
Total floating rate	$	95,715	$	1,966,050	$	903,415	$	1,116,455
Total	$	105,715	$	4,056,677	$	1,314,145	$	1,627,844


(1)	Carrying value is net of discounts, premiums, original issue discounts and deferred origination fees.


(2)	Represents contractual maturity, excluding any unexercised extension options.

(3)

Carrying value is net of the following amount that was participated out, which is included in other assets and other liabilities on the consolidated balance sheets as a result of the transfer not meeting the conditions for sale accounting: (a) $41.3 million, (b) $5.0 million, (c) $12.0 million, (d) $36.3 million, (e) $14.5 million, (f) $14.6 million, (g) $14.1 million, (h) $5.1 million and (i) $10.0 million.


(4)	In September 2014, we acquired a $26.4 million mortgage loan at a $0.2 million discount and a $5.7 million junior mortgage participation at a $5.7 million discount. The junior mortgage participation was a nonperforming loan at acquisition and is currently on non-accrual status.


(5)	In April 2016, we closed on an option to acquire a 20% interest in the underlying asset at a previously agreed upon purchase option valuation, and our mezzanine loan was simultaneously repaid.


(6)	These loans were repaid in March 2016.


(7)	These loans were collateralized by defeasance securities.


(8)	In April 2016, the maturity date was extended to October 2016.


(9)	In March 2016, the mortgage was sold.


(10)	In January 2016, the loans were modified. In March 2016, the mortgage was sold.


(11)	This loan was repaid in June 2016.


(12)	This loan was repaid in May 2016.


(13)	In March 2016, we contributed our interest in the loan in exchange for a joint venture interest which is now accounted for under the equity method of accounting. It is included in unconsolidated joint ventures on the consolidated balance sheets.


(14)	These loans were repaid in February 2016.