Properties (Tables)

6 Months Ended

Jun. 30, 2016

Properties

Summary of properties

	Depreciable Life	June 30, 2016		December 31, 2015
Property Segment
Land and land improvements	0 – 10 years	$	324,616	$	247,589
Buildings and building improvements	10 – 40 years		686,214		516,117
Furniture & fixtures	2 – 7 years		21,607		11,980
Investing and Servicing Segment
Land and land improvements	0 – 10 years		67,187		39,103
Buildings and building improvements	10 – 40 years		156,146		112,524
Furniture & fixtures	3 – 7 years		1,227		747
Properties, cost			1,256,997		928,060
Less: accumulated depreciation			(24,142)		(8,835)
Properties, net		$	1,232,855	$	919,225