As of December 31, 2016 and 2015, we held the following debt investments with an aggregate weighted average current yield of 9.34% at December 31, 2016 (in thousands):



Loan Type	December 31, 2016 Future Funding Obligations		December 31, 2016 Senior Financing		December 31, 2016 Carrying Value ⁽¹⁾		December 31, 2015 Carrying Value ⁽¹⁾		Maturity Date ⁽²⁾
Fixed Rate Investments:
Jr. Mortgage Participation/Mezzanine Loan	$	—	$	1,109,000	$	193,422	$	104,661	March 2017
Mezzanine Loan^(3a)	—		502,100		66,129		41,115		June 2017
Mortgage Loan⁽⁴⁾	—		—		26,311		26,262		February 2019
Mortgage Loan	—		—		380		513		August 2019
Mezzanine Loan	—		15,000		3,500		3,500		September 2021
Mezzanine Loan^(3b)	—		88,466		12,692		19,936		November 2023
Mezzanine Loan^(3c)	—		115,000		12,925		24,916		June 2024
Mezzanine Loan	—		95,000		30,000		30,000		January 2025
Mezzanine Loan	—		340,000		15,000		—		November 2026
Mezzanine Loan⁽⁵⁾	—		—		—		72,102
Mezzanine Loan⁽⁶⁾	—		—		—		49,691
Jr. Mortgage Participation⁽⁷⁾	—		—		—		49,000



Loan Type	December 31, 2016 Future Funding Obligations		December 31, 2016 Senior Financing		December 31, 2016 Carrying Value ⁽¹⁾		December 31, 2015 Carrying Value ⁽¹⁾		Maturity Date ⁽²⁾
Other⁽⁷⁾⁽⁸⁾	—		—		—		23,510
Other⁽⁷⁾⁽⁸⁾	—		—		—		66,183
Total fixed rate	$	—	$	2,264,566	$	360,359	$	511,389
Floating Rate Investments:
Mortgage/Mezzanine Loan^(3d)(9)	36,042		—		145,239		134,264		January 2017
Mezzanine Loan ⁽¹⁰⁾	—		118,949		29,998		28,551		January 2017
Mezzanine Loan^(3e)(11)	—		40,000		15,369		68,977		June 2017
Mortgage/Mezzanine Loan	—		—		32,847		—		June 2017
Mortgage/Mezzanine Loan	—		—		22,959		22,877		July 2017
Mortgage/Mezzanine Loan	—		—		16,960		16,901		September 2017
Mortgage/Mezzanine Loan	3,479		—		20,423		19,282		October 2017
Mezzanine Loan	—		60,000		14,957		14,904		November 2017
Mezzanine Loan^(3f)	—		85,000		15,141		29,505		December 2017
Mezzanine Loan^(3g)	—		65,000		14,656		28,563		December 2017
Mortgage/Mezzanine Loan^(3h)	795		—		15,051		14,942		December 2017
Jr. Mortgage Participation	—		40,000		19,913		19,846		April 2018
Mezzanine Loan	—		175,000		34,844		34,725		April 2018
Mortgage/Mezzanine Loan⁽¹²⁾	523		20,523		10,863		31,210		August 2018
Mortgage Loan	—		—		19,840		—		August 2018
Mezzanine Loan	—		65,000		14,880		—		August 2018
Mezzanine Loan	—		37,500		14,648		—		September 2018
Mezzanine Loan	2,324		45,025		34,502		—		October 2018
Mezzanine Loan	—		335,000		74,476		—		November 2018
Mezzanine Loan	—		33,000		26,850		26,777		December 2018
Mezzanine Loan	3,317		165,326		56,114		52,774		December 2018
Mezzanine Loan	15,794		259,229		63,137		49,625		December 2018
Mezzanine Loan	14,715		199,935		64,505		—		December 2018
Mezzanine Loan	—		45,000		12,104		—		January 2019
Mezzanine Loan	6,383		16,383		5,410		—		January 2019
Mezzanine Loan	—		38,000		21,891		21,845		March 2019
Mezzanine Loan	—		265,000		24,707		—		April 2019
Mortgage/Jr. Mortgage Participation Loan	33,573		183,300		65,554		—		August 2019
Mezzanine Loan	2,500		187,500		37,322		—		September 2019
Mortgage/Mezzanine Loan	82,888		—		111,819		—		September 2019
Mortgage/Mezzanine Loan	35,630		—		33,682		—		January 2020
Mezzanine Loan⁽¹³⁾	32,502		445,483		125,911		—		January 2020
Jr. Mortgage Participation/Mezzanine Loan	—		30,000		15,606		—		July 2021
Mezzanine Loan⁽¹⁴⁾	—		—		—		49,751
Mezzanine Loan⁽¹⁴⁾	—		—		—		13,731
Mezzanine Loan⁽¹⁵⁾	—		—		—		99,530
Mortgage/Mezzanine Loan⁽¹⁶⁾	—		—		—		94,901
Jr. Mortgage Participation/Mezzanine Loan⁽⁵⁾	—		—		—		20,510



Loan Type	December 31, 2016 Future Funding Obligations		December 31, 2016 Senior Financing		December 31, 2016 Carrying Value ⁽¹⁾		December 31, 2015 Carrying Value ⁽¹⁾		Maturity Date ⁽²⁾
Mezzanine Loan⁽¹⁷⁾	—		—		—		22,625
Mezzanine Loan⁽¹⁸⁾	—		—		—		74,700
Mezzanine Loan⁽¹⁹⁾	—		—		—		66,398
Jr. Mortgage Participation/Mezzanine Loan⁽⁷⁾	—		—		—		18,395
Mezzanine Loan⁽²⁰⁾	—		—		—		40,346
Total floating rate	$	270,465	$	2,955,153	$	1,232,178	$	1,116,455
Total	$	270,465	$	5,219,719	$	1,592,537	$	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 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, 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)	This loan was repaid in July 2016.


(6)	In April 2016 we executed a purchase 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)	This loan was repaid in March 2016.


(8)	This loan was collateralized by defeasance securities.


(9)	This loan was refinanced at maturity in January 2017 by us at market rates, and therefore it was not considered a troubled-debt restructuring.


(10)	This loan was extended in January 2017.


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


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


(13)	$66.1 million of outstanding principal was syndicated in February 2017.


(14)	This loan was repaid in December 2016.


(15)	This loan was repaid in November 2016.


(16)	This loan was repaid in September 2016.


(17)	This loan was repaid in June 2016.


(18)	This loan was repaid in May 2016.


(19)	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.


(20)	This loan was repaid in February 2016.