XML 69 R65.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Notes Receivable (Summary of Mezzanine Loans) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Sep. 30, 2019
Jan. 08, 2019
Dec. 21, 2018
Dec. 04, 2018
Oct. 27, 2017
May 15, 2017
Notes Receivable                  
Notes receivable guarantee premium $ 5,271 $ 2,800              
Notes receivable discount, net 0 (4,489)              
Total notes receivable 159,371 138,683              
Interest income 23,215 10,729 $ 7,077            
Mezzanine Loan                  
Notes Receivable                  
Outstanding loan amount 152,953 139,097              
Maximum loan commitment 276,910                
Interest income 23,127 10,651 7,071            
Other notes receivable                  
Notes Receivable                  
Outstanding loan amount 1,147 1,275              
Interest income 88 78 6            
1405 Point | Mezzanine Loan                  
Notes Receivable                  
Outstanding loan amount 0 30,238              
Maximum loan commitment $ 31,032                
Interest rate 8.00%                
Interest income $ 783 2,080 1,741            
The Residences at Annapolis Junction | Mezzanine Loan                  
Notes Receivable                  
Outstanding loan amount 40,049 36,361              
Maximum loan commitment $ 48,105                
Interest rate 10.00%                
Interest income $ 8,776 4,939 4,132            
North Decatur Square | Mezzanine Loan                  
Notes Receivable                  
Outstanding loan amount 0 18,521              
Maximum loan commitment $ 29,673 29,700             $ 21,800
Interest rate 15.00%                
Interest income $ 1,509 2,212 1,035            
Delray Plaza | Mezzanine Loan                  
Notes Receivable                  
Outstanding loan amount 12,995 7,032              
Maximum loan commitment $ 15,000       $ 15,000     $ 13,100  
Interest rate 15.00%             15.00%  
Interest income $ 1,622 928 163            
Nexton Square | Mezzanine Loan                  
Notes Receivable                  
Outstanding loan amount 15,097 14,855              
Maximum loan commitment $ 17,000                
Interest rate 10.00%     15.00%     15.00%    
Interest income $ 1,962 235 0            
Interlock Commercial | Mezzanine Loan                  
Notes Receivable                  
Outstanding loan amount 59,224 18,269              
Maximum loan commitment $ 95,000         $ 95,000      
Interest rate 15.00%                
Interest income $ 6,142 202 0            
Solis Apartments at Interlock | Mezzanine Loan                  
Notes Receivable                  
Outstanding loan amount 25,588 13,821              
Maximum loan commitment $ 41,100         $ 41,100      
Interest rate 13.00%                
Interest income $ 2,333 $ 55 $ 0