Mortgage Loans on Real Estate

12 Months Ended

Dec. 31, 2016

SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]

SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Text Block]

Schedule IV – Mortgage Loans on

Real Estate (1)

(dollars in thousands)

Asset Type	Rate			Final Maturity Date	Periodic Payment Terms	Face Amount		Carrying Amount
Residential whole loan at fair value		3.625	%	4/1/2030	P&I	$	558	$	559
Residential whole loan at fair value		4.375	%	11/1/2044	P&I		502		507
Residential whole loan at fair value		3.750	%	5/1/2046	P&I		509		498
Residential whole loan at fair value		4.375	%	6/1/2046	P&I		585		591
Residential whole loan at fair value		4.125	%	7/1/2046	P&I		696		695
						$	2,850	$	2,850

(1) No loans subject to delinquent principal or interest

Reconciliation

Beginning Balance	10,650,566
Additions during period
Mortgage loans purchased	14,650,573
Other	3,215
Deductions during period
Mortgage loans sold	(22,169,409	)
Amortization	(284,963	)
Ending Balance	2,849,981