10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001144204-15-065839 |
| Period End Date | 20150930 |
| Filing Date | 20151116 |
| Fiscal Year | 2015 |
| Fiscal Period | Q3 |
| XBRL Instance | cik0001335732-20150930.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Limited partners' capital account, units authorized |
LimitedPartnersCapitalAccountUnitsAuthorized
|
22.50M | shares | Point-in-time |
| Limited partners' capital account, units authorized |
LimitedPartnersCapitalAccountUnitsAuthorized
|
22.50M | shares | Point-in-time |
| Limited partners' capital account, units issued |
LimitedPartnersCapitalAccountUnitsIssued
|
19.90M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$790.96K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.97M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$344.98K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$136.49K | USD | Point-in-time |
| Limited partners' capital account, units issued |
LimitedPartnersCapitalAccountUnitsIssued
|
19.55M | shares | Point-in-time |
| Limited Partners' capital account, units outstanding |
LimitedPartnersCapitalAccountUnitsOutstanding
|
19.55M | shares | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$1.38M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$1.39M | USD | Point-in-time |
| Limited Partners' capital account, units outstanding |
LimitedPartnersCapitalAccountUnitsOutstanding
|
19.90M | shares | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$9.54M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$13.56M | USD | Point-in-time |
| Accrued interest receivable - related parties |
AccruedInterestReceivablesRelatedParty
|
$2.26M | USD | Point-in-time |
| Accrued interest receivable - related parties |
AccruedInterestReceivablesRelatedParty
|
$349.66K | USD | Point-in-time |
| Accounts receivable - related parties |
AccountsReceivableRelatedParties
|
$349.02K | USD | Point-in-time |
| Accounts receivable - related parties |
AccountsReceivableRelatedParties
|
$347.06K | USD | Point-in-time |
| Notes receivable, net |
NotesReceivableNet
|
$286.17M | USD | Point-in-time |
| Notes receivable, net |
NotesReceivableNet
|
$280.73M | USD | Point-in-time |
| Notes receivable - related parties, net |
NotesReceivableRelatedParties
|
$16.42M | USD | Point-in-time |
| Notes receivable - related parties, net |
NotesReceivableRelatedParties
|
$16.40M | USD | Point-in-time |
| Participation interest - related party, net |
ParticipationInterestRelatedPartyNet
|
$74.69M | USD | Point-in-time |
| Participation interest - related party, net |
ParticipationInterestRelatedPartyNet
|
$71.21M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$89.69K | USD | Point-in-time |
| Other assets |
OtherAssets
|
$184.88K | USD | Point-in-time |
| Total assets |
Assets
|
$384.42M | USD | Point-in-time |
| Total assets |
Assets
|
$391.57M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$247.89K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$206.57K | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$289.83K | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$323.73K | USD | Point-in-time |
| Accrued liabilities - related parties |
DueToRelatedPartiesCurrentAndNoncurrent
|
$3.07M | USD | Point-in-time |
| Accrued liabilities - related parties |
DueToRelatedPartiesCurrentAndNoncurrent
|
$2.47M | USD | Point-in-time |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$5.50M | USD | Point-in-time |
| Distributions payable |
DividendsPayableCurrentAndNoncurrent
|
$3.19M | USD | Point-in-time |
| Lines-of-credit |
LineOfCredit
|
$10.00M | USD | Point-in-time |
| Lines-of-credit |
LineOfCredit
|
$11.25M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$17.48M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$19.07M | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Limited partners capital: 22,500,000 units authorized; 19,898,766 units issued and outstanding at September 30, 2015 and 19,545,922 units issued and outstanding at December 31, 2014 |
LimitedPartnersCapitalAccount
|
$372.65M | USD | Point-in-time |
| Limited partners capital: 22,500,000 units authorized; 19,898,766 units issued and outstanding at September 30, 2015 and 19,545,922 units issued and outstanding at December 31, 2014 |
LimitedPartnersCapitalAccount
|
$366.47M | USD | Point-in-time |
| General partners capital |
GeneralPartnersCapitalAccount
|
$-148.26K | USD | Point-in-time |
| General partners capital |
GeneralPartnersCapitalAccount
|
$468.30K | USD | Point-in-time |
| Total partners capital |
PartnersCapital
|
$372.50M | USD | Point-in-time |
| Total partners capital |
PartnersCapital
|
$366.94M | USD | Point-in-time |
| Total liabilities and partners capital |
LiabilitiesAndStockholdersEquity
|
$391.57M | USD | Point-in-time |
| Total liabilities and partners capital |
LiabilitiesAndStockholdersEquity
|
$384.42M | USD | Point-in-time |
Income Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Interest income |
InterestIncomeOperating
|
$30.03M | USD | 3 Qtrs |
| Interest income |
InterestIncomeOperating
|
$10.38M | USD | 1 Quarter |
| Interest income |
InterestIncomeOperating
|
$32.23M | USD | 3 Qtrs |
| Interest income |
InterestIncomeOperating
|
$10.94M | USD | 1 Quarter |
| Interest income - related parties |
InterestIncomeRelatedParty
|
$6.84M | USD | 3 Qtrs |
| Interest income - related parties |
InterestIncomeRelatedParty
|
$7.44M | USD | 3 Qtrs |
| Interest income - related parties |
InterestIncomeRelatedParty
|
$2.29M | USD | 1 Quarter |
| Interest income - related parties |
InterestIncomeRelatedParty
|
$2.40M | USD | 1 Quarter |
| Mortgage and transaction service revenues |
MortgageAndTransactionServiceRevenuesExcludingRelatedParty
|
$137.20K | USD | 3 Qtrs |
| Mortgage and transaction service revenues |
MortgageAndTransactionServiceRevenuesExcludingRelatedParty
|
$20.06K | USD | 1 Quarter |
| Mortgage and transaction service revenues |
MortgageAndTransactionServiceRevenuesExcludingRelatedParty
|
$2.55K | USD | 1 Quarter |
| Mortgage and transaction service revenues |
MortgageAndTransactionServiceRevenuesExcludingRelatedParty
|
$276.94K | USD | 3 Qtrs |
| Mortgage and transaction service revenues - related parties |
MortgageAndTransactionServiceRevenuesRelatedParty
|
$384.89K | USD | 3 Qtrs |
| Mortgage and transaction service revenues - related parties |
MortgageAndTransactionServiceRevenuesRelatedParty
|
$571.68K | USD | 3 Qtrs |
| Mortgage and transaction service revenues - related parties |
MortgageAndTransactionServiceRevenuesRelatedParty
|
$182.38K | USD | 1 Quarter |
| Mortgage and transaction service revenues - related parties |
MortgageAndTransactionServiceRevenuesRelatedParty
|
$174.37K | USD | 1 Quarter |
| Total revenues |
Revenues
|
$12.98M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$39.78M | USD | 3 Qtrs |
| Total revenues |
Revenues
|
$38.12M | USD | 3 Qtrs |
| Total revenues |
Revenues
|
$13.41M | USD | 1 Quarter |
| Interest expense |
InterestExpenseDebt
|
$478.24K | USD | 3 Qtrs |
| Interest expense |
InterestExpenseDebt
|
$134.83K | USD | 1 Quarter |
| Interest expense |
InterestExpenseDebt
|
$153.33K | USD | 1 Quarter |
| Interest expense |
InterestExpenseDebt
|
$557.72K | USD | 3 Qtrs |
| (Recapture) provision for loan loss |
ProvisionForLoanLossesExpensed
|
$5.49M | USD | 1 Quarter |
| (Recapture) provision for loan loss |
ProvisionForLoanLossesExpensed
|
$-73.32K | USD | 1 Quarter |
| (Recapture) provision for loan loss |
ProvisionForLoanLossesExpensed
|
$199.19K | USD | 3 Qtrs |
| (Recapture) provision for loan loss |
ProvisionForLoanLossesExpensed
|
$5.49M | USD | 3 Qtrs |
| General and administrative |
GeneralAndAdministrativeExpenseExcludingRelatedParty
|
$1.36M | USD | 3 Qtrs |
| General and administrative |
GeneralAndAdministrativeExpenseExcludingRelatedParty
|
$356.85K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpenseExcludingRelatedParty
|
$408.04K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpenseExcludingRelatedParty
|
$910.59K | USD | 3 Qtrs |
| General and administrative - related parties |
GeneralAndAdministrativeExpenseRelatedParty
|
$1.30M | USD | 3 Qtrs |
| General and administrative - related parties |
GeneralAndAdministrativeExpenseRelatedParty
|
$430.03K | USD | 1 Quarter |
| General and administrative - related parties |
GeneralAndAdministrativeExpenseRelatedParty
|
$1.25M | USD | 3 Qtrs |
| General and administrative - related parties |
GeneralAndAdministrativeExpenseRelatedParty
|
$433.45K | USD | 1 Quarter |
| Total expenses |
TotalExpenses
|
$2.92M | USD | 3 Qtrs |
| Total expenses |
TotalExpenses
|
$6.49M | USD | 1 Quarter |
| Total expenses |
TotalExpenses
|
$848.40K | USD | 1 Quarter |
| Total expenses |
TotalExpenses
|
$8.63M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$12.13M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$31.16M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$6.93M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$35.20M | USD | 3 Qtrs |
| Earnings allocated to limited partners |
NetIncomeLossAllocatedToLimitedPartners
|
$6.21M | USD | 1 Quarter |
| Earnings allocated to limited partners |
NetIncomeLossAllocatedToLimitedPartners
|
$10.87M | USD | 1 Quarter |
| Earnings allocated to limited partners |
NetIncomeLossAllocatedToLimitedPartners
|
$31.55M | USD | 3 Qtrs |
| Earnings allocated to limited partners |
NetIncomeLossAllocatedToLimitedPartners
|
$27.92M | USD | 3 Qtrs |
| Earnings per weighted average limited partnership units outstanding, basic and diluted (in dollars per units) |
EarningsPerShareBasic
|
$0.56 | USD | 1 Quarter |
| Earnings per weighted average limited partnership units outstanding, basic and diluted (in dollars per units) |
EarningsPerShareBasic
|
$1.42 | USD | 3 Qtrs |
| Earnings per weighted average limited partnership units outstanding, basic and diluted (in dollars per units) |
EarningsPerShareBasic
|
$1.64 | USD | 3 Qtrs |
| Earnings per weighted average limited partnership units outstanding, basic and diluted (in dollars per units) |
EarningsPerShareBasic
|
$0.31 | USD | 1 Quarter |
| Weighted average limited partnership units outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
19.26M | shares | 3 Qtrs |
| Weighted average limited partnership units outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
19.71M | shares | 3 Qtrs |
| Weighted average limited partnership units outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
19.36M | shares | 1 Quarter |
| Weighted average limited partnership units outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
19.83M | shares | 1 Quarter |
| Distributions per weighted average limited partnership units outstanding (in dollars per units) |
DistributionsPerLimitedPartnershipUnitOutstanding
|
$0.49 | USD | 1 Quarter |
| Distributions per weighted average limited partnership units outstanding (in dollars per units) |
DistributionsPerLimitedPartnershipUnitOutstanding
|
$1.46 | USD | 3 Qtrs |
| Distributions per weighted average limited partnership units outstanding (in dollars per units) |
DistributionsPerLimitedPartnershipUnitOutstanding
|
$1.46 | USD | 3 Qtrs |
| Distributions per weighted average limited partnership units outstanding (in dollars per units) |
DistributionsPerLimitedPartnershipUnitOutstanding
|
$0.49 | USD | 1 Quarter |
Cash Flow Statement
73 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$12.13M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$31.16M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$6.93M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$35.20M | USD | 3 Qtrs |
| Provision for loan loss |
ProvisionForLoanLossesExpensed
|
$5.49M | USD | 1 Quarter |
| Provision for loan loss |
ProvisionForLoanLossesExpensed
|
$-73.32K | USD | 1 Quarter |
| Provision for loan loss |
ProvisionForLoanLossesExpensed
|
$199.19K | USD | 3 Qtrs |
| Provision for loan loss |
ProvisionForLoanLossesExpensed
|
$5.49M | USD | 3 Qtrs |
| Amortization |
AmortizationOfIntangibleAssets
|
$158.20K | USD | 3 Qtrs |
| Amortization |
AmortizationOfIntangibleAssets
|
$117.68K | USD | 3 Qtrs |
| Accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$3.87M | USD | 3 Qtrs |
| Accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$4.53M | USD | 3 Qtrs |
| Accrued interest receivable - related parties |
IncreaseDecreaseInAccruedInterestReceivableRelatedParty
|
$1.91M | USD | 3 Qtrs |
| Accrued interest receivable - related parties |
IncreaseDecreaseInAccruedInterestReceivableRelatedParty
|
$-622.05K | USD | 3 Qtrs |
| Accounts receivable - related parties |
IncreaseDecreaseInAccountsReceivableRelatedParty
|
$1.96K | USD | 3 Qtrs |
| Accounts receivable - related parties |
IncreaseDecreaseInAccountsReceivableRelatedParty
|
$98.41K | USD | 3 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$22.49K | USD | 3 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$337.78K | USD | 3 Qtrs |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$191.75K | USD | 3 Qtrs |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-41.31K | USD | 3 Qtrs |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-33.90K | USD | 3 Qtrs |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-21.64K | USD | 3 Qtrs |
| Accrued liabilities - related parties |
IncreaseDecreaseInDueToRelatedParties
|
$661.03K | USD | 3 Qtrs |
| Accrued liabilities - related parties |
IncreaseDecreaseInDueToRelatedParties
|
$602.01K | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$320.60M | USD | 41 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$30.83M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$32.71M | USD | 3 Qtrs |
| Investments in notes receivable |
PaymentsToAcquireMortgageNotesReceivable
|
$21.55M | USD | 3 Qtrs |
| Investments in notes receivable |
PaymentsToAcquireMortgageNotesReceivable
|
$22.70M | USD | 3 Qtrs |
| Investments in notes receivable - related parties |
OriginationOfNotesReceivableFromRelatedParties
|
$16.71K | USD | 3 Qtrs |
| Investments in notes receivable - related parties |
OriginationOfNotesReceivableFromRelatedParties
|
$437.95K | USD | 3 Qtrs |
| Investments in participation interest - related party |
InvestmentsInParticipationInterestRelatedParty
|
$997.76K | USD | 3 Qtrs |
| Investments in participation interest - related party |
InvestmentsInParticipationInterestRelatedParty
|
$5.29M | USD | 3 Qtrs |
| Receipts from notes receivable |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$11.14M | USD | 3 Qtrs |
| Receipts from notes receivable |
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
$7.76M | USD | 3 Qtrs |
| Receipts from notes receivable - related parties |
RepaymentOfNotesReceivableFromRelatedParties
|
$3.17K | USD | 3 Qtrs |
| Receipts from notes receivable - related parties |
RepaymentOfNotesReceivableFromRelatedParties
|
$8.68M | USD | 3 Qtrs |
| Receipts from participation interest - related party |
RepaymentOfParticipationInterestRelatedParty
|
$49.25K | USD | 3 Qtrs |
| Receipts from participation interest - related party |
RepaymentOfParticipationInterestRelatedParty
|
$4.48M | USD | 3 Qtrs |
| Restricted cash |
IncreaseDecreaseInRestrictedCash
|
$6.53K | USD | 3 Qtrs |
| Restricted cash |
IncreaseDecreaseInRestrictedCash
|
$6.22K | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-11.95M | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-6.95M | USD | 3 Qtrs |
| Proceeds from line-of-credit |
ProceedsFromLinesOfCredit
|
- | USD | 3 Qtrs |
| Proceeds from line-of-credit |
ProceedsFromLinesOfCredit
|
$12.00M | USD | 3 Qtrs |
| Payments on lines-of-credit |
RepaymentsOfLinesOfCredit
|
$11.25M | USD | 3 Qtrs |
| Payments on lines-of-credit |
RepaymentsOfLinesOfCredit
|
$1.25M | USD | 3 Qtrs |
| Limited partner distributions, net of limited partner distribution reinvestment |
PaymentsOfDistributionReinvestment
|
$20.87M | USD | 3 Qtrs |
| Limited partner distributions, net of limited partner distribution reinvestment |
PaymentsOfDistributionReinvestment
|
$21.65M | USD | 3 Qtrs |
| Limited partner redemptions |
PaymentsOfLimitedPartnerRedemption
|
$1.39M | USD | 3 Qtrs |
| Limited partner redemptions |
PaymentsOfLimitedPartnerRedemption
|
$96.70K | USD | 3 Qtrs |
| General partner distributions |
PaymentsOfGeneralPartnerContributions
|
$1.54M | USD | 3 Qtrs |
| General partner distributions |
PaymentsOfGeneralPartnerContributions
|
$876.17K | USD | 3 Qtrs |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-24.53M | USD | 3 Qtrs |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-22.38M | USD | 3 Qtrs |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-654.47K | USD | 3 Qtrs |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-1.62M | USD | 3 Qtrs |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$790.96K | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.97M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$344.98K | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$136.49K | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$790.96K | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.97M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$344.98K | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$136.49K | USD | Point-in-time |
| Cash paid for interest |
InterestPaid
|
$470.00K | USD | 3 Qtrs |
| Cash paid for interest |
InterestPaid
|
$569.20K | USD | 3 Qtrs |
| Limited partner distribution reinvestment |
LimitedPartnerDistributionReinvestment
|
$7.15M | USD | 3 Qtrs |
| Limited partner distribution reinvestment |
LimitedPartnerDistributionReinvestment
|
$7.28M | USD | 3 Qtrs |
| Distributions accrued but not paid |
DividendsAccruedButNotPaid
|
$2.31M | USD | 3 Qtrs |
| Distributions accrued but not paid |
DividendsAccruedButNotPaid
|
$2.36M | USD | 3 Qtrs |
| Assignment of loans |
AssignmentOfLoans
|
$518.44K | USD | 3 Qtrs |
| Assignment of loans |
AssignmentOfLoans
|
- | USD | 3 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.