XML 36 R46.htm IDEA: XBRL DOCUMENT v2.4.0.8
Subsequent Events (Details) (USD $)
6 Months Ended 12 Months Ended 53 Months Ended 1 Months Ended 6 Months Ended 12 Months Ended 0 Months Ended 1 Months Ended 53 Months Ended 0 Months Ended
Jun. 30, 2013
Dec. 31, 2012
Jun. 30, 2013
Jul. 03, 2013
Jul. 02, 2013
Jun. 30, 2013
PE Investment II
Jun. 30, 2013
PE Investment II
Jun. 30, 2013
First mortgage loans
Dec. 31, 2012
First mortgage loans
Aug. 06, 2013
Subsequent event
Jul. 31, 2013
Subsequent event
Jul. 02, 2013
Subsequent event
Jul. 02, 2013
Subsequent event
PE Investment II
Jun. 30, 2013
Subsequent event
First mortgage loan
item
Jun. 30, 2013
Subsequent event
Mezzanine loan
item
Offering Proceeds                              
Gross proceeds from Total Offering                       $ 1,128,400,000      
Distribution Reinvestment Plan                              
Shares issued representing all remaining shares available pursuant to the DRP 1,300,000 1,100,000 2,900,000                 300,000      
Common stock issued after filing a registration statement with the SEC, for issuance pursuant to the DRP (in shares)       15,000,000 7,600,000             15,000,000      
Distributions                              
Daily cash distribution accrued per share (in dollars per share) $ 0.002185792                 $ 0.002191781          
Annual distribution rate (as a percent) 8.00%                 8.00%          
Share Repurchases                              
Number of shares repurchased 300,000 100,000                 100,000        
Total amount of shares repurchased 2,675,000 1,371,000                 1,200,000        
Repurchase price paid per share (in dollars per share) $ 9.50 $ 9.69                 $ 9.80        
PE Investment II                              
Amount funded, excluding adjustments for distributions and contributions since September 30, 2012             76,500,000           76,500,000    
Amount deposited for proportionate interest           50,000,000 50,000,000                
New Investments                              
Principal Amount 945,910,000 543,619,000 945,910,000         856,160,000 486,992,000            
Description of variable rate LIBOR LIBOR           LIBOR LIBOR            
Number of loans originated                           1 1
Principal amount $ 350,530,000 $ 250,980,000 $ 350,530,000                     $ 27,800,000 $ 66,500,000