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Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Construction Activity
The table below details the Company’s construction activity as of September 30, 2015. The information included in the table below represents management’s estimates and expectations at September 30, 2015, which are subject to change. The Company’s disclosures regarding certain projections or estimates of completion dates may not reflect actual results.
 
 
 
 
 
 
Balance at September 30, 2015
 
 
 
 
 
 
(Dollars in thousands)
 
Number of Properties
 
Estimated Completion Date
 
Construction in Progress Fundings During the Nine Months Ended
 
Total Funded During the Nine Months Ended
 
Total Amount Funded
 
Estimated Remaining Fundings
 
Estimated Total Investment
 
Approximate Square Feet
Construction Activity
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Birmingham, AL
 
1
 
Q4 2015
 
$
4,721

 
$
6,119

 
$
6,119

 
$
9,281

 
$
15,400

 
138,000

Austin, TX
 
1
 
Q2 2016
 
1,764

 
1,764

 
1,764

 
3,811

 
5,575

 
12,900

Nashville, TN
 
2
 
Q1 2017
 
8,970

 
10,575

 
14,959

 
36,841

 
51,800

 
294,000

Total
 
 
 
 
 
$
15,455

 
$
18,458

 
$
22,842

 
$
49,933

 
$
72,775

 
444,900