The Company’s commercial mortgage loan portfolio comprised the following at December 31, 2013:
|
Description |
Date of Investment |
Maturity Date |
Original Face Amount |
Current Face Amount |
Carrying Value |
Coupon Rate | Property Size |
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|
Hotel – Atlanta, GA |
August 2013 | March 2014 | $ | 19,560,000 | $ | 19,465,000 | $ | 18,845,053 | |
30-day LIBOR plus 4.50 |
% |
110 rooms | ||||||||||||||||
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Total |
$ | 19,560,000 | $ | 19,465,000 | $ | 18,845,053 | ||||||||||||||||||||||
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