Real Estate Owned (Tables)

12 Months Ended

Dec. 31, 2014

Real Estate [Abstract]

Summary of carrying amounts for real estate owned (at cost)

The following table summarizes the carrying amounts for our real estate owned (at cost) as of December 31, 2014 and 2013(dollars in thousands):

	December 31, 2014			December 31, 2013
Land and land improvements	$	1,980,221		$	1,847,127
Depreciable property — held and used:
Building, improvements, and furniture, fixtures and equipment	6,225,406			5,876,717
Under development:
Land	24,584			110,769
Building, improvements, and furniture, fixtures and equipment	153,048			356,644
Real estate held for disposition:
Land	—			10,751
Building, improvements, and furniture, fixtures and equipment	—			5,969
Real estate owned	8,383,259			8,207,977
Accumulated depreciation	(2,434,772		)	(2,208,794		)
Real estate owned, net	$	5,948,487		$	5,999,183