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Loans Receivable (Tables) - Loans receivable
6 Months Ended
Jun. 30, 2016
Loans Receivable:  
Schedule of loans receivable (in thousands)

The following table summarizes the Company’s loans receivable (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2016

 

December 31, 2015

 

 

  

Real Estate

  

Other

  

 

 

  

Real Estate

  

Other

  

 

 

 

 

 

Secured

 

Secured

 

Total

 

Secured

 

Secured

 

Total

 

Mezzanine(1) (2) 

 

$

 —

 

$

633,576

 

$

633,576

 

$

 —

 

$

660,138

 

$

660,138

 

Other(2) (3) 

 

 

78,889

 

 

 —

 

 

78,889

 

 

114,322

 

 

 —

 

 

114,322

 

Unamortized discounts, fees and costs(1)

 

 

665

 

 

(5,034)

 

 

(4,369)

 

 

961

 

 

(6,678)

 

 

(5,717)

 

 

 

$

79,554

 

$

628,542

 

$

708,096

 

$

115,283

 

$

653,460

 

$

768,743

 


(1)

At June 30, 2016, included £280 million ($376 million) outstanding and £3 million ($4 million) of associated unamortized discounts, fees and costs. At December 31, 2015, included £273 million ($403 million) outstanding and £4 million ($5 million) of associated unamortized discounts, fees and costs.

(2)

At June 30, 2016, the Company had £40 million ($53 million) remaining under its commitments to fund development projects and capital expenditures under its U.K. development projects.

(3)

At June 30, 2016, the Company had $1 million remaining of commitments to fund development projects and capital expenditures under its senior housing development loan program.

 

Summary of the Company's internal ratings for loans receivable (dollars in thousands)

The following table summarizes the Company’s internal ratings for loans receivable at June 30, 2016 (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Carrying

 

Percentage of

 

Internal Ratings

 

Investment Type

  

Amount

  

Loan Portfolio

  

Performing Loans

  

Watch List Loans

  

Workout Loans

 

Real estate secured 

 

$

79,554

 

11

 

$

79,554

 

$

 —

 

$

 —

 

Other secured

 

 

628,542

 

89

 

 

628,542

 

 

 —

 

 

 —

 

 

 

$

708,096

 

100

 

$

708,096

 

$

 —

 

$

 —