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Schedule IV - Mortgage Loans on Real Estate
 12 Months Ended
Dec. 31, 2015
Mortgage Loans on Real Estate [Abstract]  
Schedule IV - Mortgage Loans on Real Estate
SCHEDULE IV — MORTGAGE LOANS ON REAL ESTATE
December 31, 2015
(dollars in thousands)
 
 
Interest Rate
 
Final Maturity Date
 
Fair Value
 
Carrying Amount
Description
 
 
 
 
Mezzanine loan — 127 West 23rd Manager, LLC
 
7.0
%
 
Aug. 2016
 
$
12,600

 
$
12,600

Financing agreement — 1185 Broadway LLC
 
10.0
%
 
Jul. 2016
 
31,444

 
31,444

NOTES TO SCHEDULE IV — MORTGAGE LOANS ON REAL ESTATE
(in thousands)
 
Reconciliation of Mortgage Loans on Real Estate
 
Years Ended December 31,
 
2015
 
2014
 
2013
Balance
$
40,000

 
$
40,000

 
$
40,000

Additions
44,044

 
—

 
—

Repayment
(40,000
)
 
—

 
—

Ending balance
$
44,044

 
$
40,000

 
$
40,000