LOANS RECEIVABLE AND INVESTMENTS (Tables)

6 Months Ended

Jun. 30, 2017

Loans Receivable And Investments [Abstract]

Summary of Net Loans Receivable and Investments

The following is a summary of our net loans receivable and investments as of June 30, 2017 and December 31, 2016, including amortized cost, fair value and unrealized gains or losses on available-for-sale investments:



	Carrying Amount		Amortized Cost		Fair Value		Unrealized Gain
	(In thousands)
As of June 30, 2017:
Secured/mortgage loans and other	$	1,339,886	$	1,339,886	$	1,359,831	$	—
Government-sponsored pooled loan investments ⁽¹⁾	55,518		54,464		55,518		1,054
Total investments reported as Secured loans receivable and investments, net	1,395,404		1,394,350		1,415,349		1,054

Non-mortgage loans receivable, net	53,724		53,724		54,587		—
Total investments reported as Other assets	53,724		53,724		54,587		—
Total loans receivable and investments, net	$	1,449,128	$	1,448,074	$	1,469,936	$	1,054

As of December 31, 2016:
Secured/mortgage loans and other	$	646,972	$	646,972	$	655,981	$	—
Government-sponsored pooled loan investments ⁽¹⁾	55,049		53,810		55,049		1,239
Total investments reported as Secured loans receivable and investments, net	702,021		700,782		711,030		1,239

Non-mortgage loans receivable, net	52,544		52,544		53,626		—
Total investments reported as Other assets	52,544		52,544		53,626		—
Total loans receivable and investments, net	$	754,565	$	753,326	$	764,656	$	1,239

⁽¹⁾ Investments in government-sponsored pool loans have contractual maturity dates in 2023.