As of September 30, 2016 and December 31, 2015 we held the following debt investments with an aggregate weighted average current yield of 9.29% at September 30, 2016 (in thousands):



Loan Type	September 30, 2016 Future Funding Obligations		September 30, 2016 Senior Financing		September 30, 2016 Carrying Value ⁽¹⁾		December 31, 2015 Carrying Value ⁽¹⁾		Maturity Date ⁽²⁾
Fixed Rate Investments:
Jr. Mortgage Participation/Mezzanine Loan	$	—	$	1,109,000	$	189,250	$	104,661	March 2017
Mezzanine Loan ^(3a)	5,000		502,100		61,059		41,115		June 2017
Mortgage Loan ⁽⁴⁾	—		—		26,297		26,262		February 2019
Mortgage Loan	—		—		414		513		August 2019
Mezzanine Loan	—		15,000		3,500		3,500		September 2021
Mezzanine Loan ^(3b)	—		88,944		12,691		19,936		November 2023
Mezzanine Loan ^(3c)	—		115,000		12,923		24,916		June 2024
Mezzanine Loan	—		95,000		30,000		30,000		January 2025
Mezzanine Loan ⁽⁵⁾	—		—		—		72,102
Mezzanine Loan ⁽⁶⁾	—		—		—		49,691
Jr. Mortgage Participation ⁽⁷⁾	—		—		—		49,000
Other ⁽⁷⁾⁽⁸⁾	—		—		—		23,510
Other ⁽⁷⁾⁽⁸⁾	—		—		—		66,183
Total fixed rate	$	5,000	$	1,925,044	$	336,134	$	511,389
Floating Rate Investments:
Mezzanine Loan	—		360,000		99,945		99,530		November 2016
Mezzanine Loan	7,939		144,008		53,405		49,751		December 2016
Mezzanine Loan	281		39,201		11,024		13,731		December 2016
Mortgage/Mezzanine Loan ^(3d)	40,086		—		140,920		134,264		January 2017
Mezzanine Loan	1,127		118,949		28,834		28,551		January 2017
Mezzanine Loan ^(3e)(9)	—		40,000		15,290		68,977		June 2017
Mortgage/Mezzanine Loan	—		—		32,763		—		June 2017
Mortgage/Mezzanine Loan	—		—		22,939		22,877		July 2017
Mortgage/Mezzanine Loan	—		—		16,946		16,901		September 2017
Mortgage/Mezzanine Loan	4,038		—		19,834		19,282		October 2017
Mezzanine Loan	—		60,000		14,944		14,904		November 2017
Mezzanine Loan ^(3f)	—		85,000		15,075		29,505		December 2017
Mezzanine Loan ^(3g)	—		65,000		14,598		28,563		December 2017
Mortgage/Mezzanine Loan ^(3h)	795		—		15,024		14,942		December 2017
Jr. Mortgage Participation	—		40,000		19,896		19,846		April 2018
Mezzanine Loan	—		175,000		34,814		34,725		April 2018
Mortgage/Mezzanine Loan ⁽¹⁰⁾	523		24,818		10,846		31,210		August 2018
Mortgage Loan	—		—		19,815		—		August 2018
Mezzanine Loan	—		65,000		14,862		—		August 2018
Mezzanine Loan	—		—		14,599		—		September 2018
Mezzanine Loan	2,325		45,025		34,411		—		October 2018



Loan Type	September 30, 2016 Future Funding Obligations		September 30, 2016 Senior Financing		September 30, 2016 Carrying Value ⁽¹⁾		December 31, 2015 Carrying Value ⁽¹⁾		Maturity Date ⁽²⁾
Mezzanine Loan	—		33,000		26,831		26,777		December 2018
Mezzanine Loan	4,097		156,383		55,264		52,774		December 2018
Mezzanine Loan	18,883		246,758		59,917		49,625		December 2018
Mezzanine Loan	6,383		16,383		5,387		—		January 2019
Mezzanine Loan	—		38,000		21,880		21,845		March 2019
Mezzanine Loan	—		265,000		24,677		—		April 2019
Mortgage/Jr. Mortgage Participation Loan	34,500		180,740		64,549		—		August 2019
Mezzanine Loan	2,500		187,500		37,307		—		September 2019
Mortgage/Mezzanine Loan	87,620		—		107,060		—		September 2019
Jr. Mortgage Participation/Mezzanine Loan	—		30,000		15,599		—		July 2021
Mortgage/Mezzanine Loan ⁽¹¹⁾	—		—		—		94,901
Jr. Mortgage Participation/Mezzanine Loan ⁽⁵⁾	—		—		—		20,510
Mezzanine Loan ⁽¹²⁾	—		—		—		22,625
Mezzanine Loan ⁽¹³⁾	—		—		—		74,700
Mezzanine Loan ⁽¹⁴⁾	—		—		—		66,398
Jr. Mortgage Participation/Mezzanine Loan ⁽⁷⁾	—		—		—		18,395
Mezzanine Loan ⁽¹⁵⁾	—		—		—		40,346
Total floating rate	$	211,097	$	2,415,765	$	1,069,255	$	1,116,455
Total	$	216,097	$	4,340,809	$	1,405,389	$	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 amounts that were participated out, which are included in other assets and other liabilities on the consolidated balance sheets as a result of the transfers 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, and (h) $5.1 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)	These loans were repaid in July 2016.


(6)	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.


(7)	These loans were repaid in March 2016.


(8)	These loans were collateralized by defeasance securities.


(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 September 2016.


(12)	This loan was repaid in June 2016.


(13)	This loan was repaid in May 2016.


(14)	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.


(15)	This loan was repaid in February 2016.