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Credit Risk Concentrations (Tables)
3 Months Ended
Mar. 31, 2017
Risks and Uncertainties [Abstract]  
Schedules of Concentration of Risk, by Risk Factor
The following table represents the diversification of the Account’s portfolio by region and property type as of March 31, 2017:
Diversification by Fair Value(1)
 
 
 
 
 
 
 
 
 
 
 
West
 
East
 
South
 
Midwest
 
Total
Office
16.8
%
 
20.6
%
 
5.6
%
 
%
 
43.0
%
Apartment
8.6
%
 
8.5
%
 
3.9
%
 
%
 
21.0
%
Retail
7.6
%
 
3.1
%
 
8.0
%
 
0.5
%
 
19.2
%
Industrial
7.7
%
 
1.7
%
 
3.8
%
 
0.8
%
 
14.0
%
Other(2)
0.3
%
 
2.4
%
 
0.1
%
 
%
 
2.8
%
Total
41.0
%
 
36.3
%
 
21.4
%
 
1.3
%
 
100.0
%

(1) 
Wholly-owned properties are represented at fair value and gross of any debt, while joint venture properties are represented at the net equity value.
(2) 
Represents interest in Storage Portfolio investment and a fee interest encumbered by a ground lease real estate investment.
Properties in the “West” region are located in: AK, AZ, CA, CO, HI, ID, MT, NM, NV, OR, UT, WA, WY
Properties in the “East” region are located in: CT, DC, DE, KY, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, VA, VT, WV
Properties in the “South” region are located in: AL, AR, FL, GA, LA, MS, OK, TN, TX
Properties in the “Midwest” region are located in: IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI