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SCHEDULE III REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION - Rollforward of Real Estate and Accumulated Depreciation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Real estate:      
Balance at the beginning of the period $ 2,277,457 $ 1,831,799 $ 1,066,496
Acquisitions 150,782 482,125 792,510
Real estate acquired through loan receivable foreclosure 10,100 0 0
Addition due to consolidation of variable interest entity 0 10,700 0
Improvements 1,003 3,689 1,471
Impairment (39,058) 0 0
Sale of real estate (107,930) (29,395) (23,265)
Foreign currency translation 4,623 (16,944) 0
Write-off of fully depreciated assets (4,226) (4,517) (5,413)
Balance at the end of the year 2,292,751 2,277,457 1,831,799
Accumulated depreciation:      
Balance at the beginning of the period (237,841) (185,994) (151,078)
Depreciation expense (64,463) (59,864) (42,021)
Impairment 9,247 0 0
Sale of real estate 6,023 3,384 1,692
Foreign currency translation (4) 116 0
Write-off of fully depreciated assets 4,226 4,517 5,413
Balance at the end of the year $ (282,812) $ (237,841) $ (185,994)