Commitments and Contingencies

12 Months Ended

Dec. 31, 2016

22. Commitments and Contingencies

As of December 31, 2016, we had future funding commitments on 47 loans totaling $1.4 billion, of which we expect to fund $1.1 billion. These future funding commitments primarily relate to construction projects, capital improvements, tenant improvements and leasing commissions. Generally, funding commitments are subject to certain conditions that must be met, such as customary construction draw certifications, minimum debt service coverage ratios or executions of new leases before advances are made to the borrower.

Future minimum rental payments for our corporate offices, sublease income from space subleased to other parties within our corporate offices and future minimum rental payments for ground leases of investment properties for each of the next five years and thereafter are as follows (in thousands):


	Corporate		Sublease		Ground
	Rents		Income		Leases
2017	$	6,318	$	1,782	$	115
2018		6,241		1,685		116
2019		5,930		1,171		117
2020		5,305		1,004		119
2021		2,647		677		121
Thereafter		—		—		6,151
Total	$	26,441	$	6,319	$	6,739

Management is not aware of any other contractual obligations, legal proceedings or any other contingent obligations incurred in the normal course of business that would have a material adverse effect on our consolidated financial statements.