XML 68 R35.htm IDEA: XBRL DOCUMENT v2.4.1.9
Mortgage Notes Receivable (Tables)
12 Months Ended
Dec. 31, 2014
Receivables [Abstract]  
Summary of mortgage notes receivable
A summary of the Company’s mortgage notes receivable for the years ended December 31, 2014 and 2013 is shown in the table below:
 
 
 
 
 
 
 
 
 
 
Balance as of December 31,
State
 
Property Type (1)
 
Face Amount

 
Interest Rate

 
Maturity Date
 
2014

 
2013

(dollars in thousands)
 
 
 
 
 
 
 
 
 
Construction mortgage notes:
 
 
 
 
 
 
 
 
Oklahoma
 
MOB
 
$
94,889

 
7.72
%
 
09/30/14
 
$

 
$
79,969

Total construction mortgage notes
 
 
 
 
 

 
79,969

 
 
 
 
 
 
 
 
 
 
 
 
 
Other mortgage notes:
 
 
 
 
 
 
 
 
 
Iowa
 
Other
 
40,000

 
7.70
%
 
01/10/14
 

 
39,973

Florida
 
MOB
 
3,750

 
7.50
%
 
04/10/15
 

 
3,750

Texas
 
Land
 
3,666

 
5.00%-6.00%

 
03/25/15
 

 
1,855

Nevada
 
MOB
 
1,900

 
6.50
%
 
09/30/17
 
1,900

 

Total other mortgage notes
 
 
 
 
 
1,900

 
45,578

 
 
 
 
 
 
 
 
 
 
 
 
 
Total mortgage notes receivable
 
 
 
 
 
$
1,900

 
$
125,547

______
(1) MOB - Medical office building.