LOANS RECEIVABLE AND INVESTMENTS (Tables)

9 Months Ended

Sep. 30, 2017

Loans Receivable And Investments [Abstract]

Summary of Net Loans Receivable and Investments

The following is a summary of our loans receivable and investments, net as of September 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 September 30, 2017:
Secured/mortgage loans and other	$	1,297,956	$	1,297,956	$	1,316,664	$	—
Government-sponsored pooled loan investments ⁽¹⁾	54,478		53,472		54,478		1,006
Total investments reported as Secured loans receivable and investments, net	1,352,434		1,351,428		1,371,142		1,006

Non-mortgage loans receivable, net	54,955		54,955		55,098		—
Total investments reported as Other assets	54,955		54,955		55,098		—
Total loans receivable and investments, net	$	1,407,389	$	1,406,383	$	1,426,240	$	1,006

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.