| Schedule IV Mortgage Loans on Real Estate |
| | | | | | | | | | | | | | | | | Mortgage | | Stated Interest Rate | | Final Maturity Date (1) | Periodic Payment Terms | | Face Amount | | Carrying Amount of Mortgages (4) | Automotive parts and service <3% | | 8.60% - 9.35% | | 1/1/2021 | | 3/1/2021 | Principal & Interest (2) | | $ | 30,588 |
| | $ | 26,825 |
| Restaurants <3% | | 9.00% - 10.47% | | 10/31/2017 | | 7/1/2028 | Principal & Interest (3) | | 81,453 |
| | 82,221 |
| | | | | | | | | | $ | 112,041 |
| | $ | 109,046 |
| | | | | | | | | | | | | (1) Reflects current maturity of the investment and does not consider any options to extend beyond the current maturity | (2) Balloon payments of $11.9 million at maturity | (3) Balloon payments of $38.5 million at maturity | (4) Carrying amount of restaurant and automotive parts and services mortgages acquired in the Cole II Merger include calculated premium balances which resulted in the aggregate carrying amounts of mortgages in excess of the initial recorded face amounts. |
| | | | | | | | | | | | | | 2014 | | 2013 | | 2012 | Reconciliation of Mortgage Loans on Real Estate | | | | | | Balance January 1, | $ | 117,291 |
| | $ | 44,916 |
| | $ | 54,644 |
| Additions during period | | | | | | Mortgage loans acquired in Merger Transaction | — |
| | 66,238 |
| | — |
| Premium on mortgage loans acquired in Merger | — |
| | 15,195 |
| | — |
| New mortgage loans | — |
| | 650 |
| | — |
| Other capitalized loan origination costs | — |
| | — |
| | — |
| Deductions during period | | | | | | Collections of principal | (5,720 | ) | | (4,499 | ) | | (9,529 | ) | Sales | — |
| | — |
| | — |
| Foreclosures | — |
| | (3,863 | ) | | — |
| Amortization of premium | (2,525 | ) | | (1,334 | ) | | (176 | ) | Amortization of capitalized loan origination costs | — |
| | (12 | ) | | (23 | ) | Mortgage loans receivable December 31, | 109,046 |
| | 117,291 |
| | 44,916 |
| Mortgage loan loss provisions | — |
| | — |
| | (4,840 | ) | | 109,046 |
| | 117,291 |
| | 40,076 |
| Equipment and other loans receivable | 379 |
| | 430 |
| | 12,043 |
| Provision for other loan loss | — |
| | — |
| | (257 | ) | | 379 |
| | 430 |
| | 11,786 |
| Total loans receivable | $ | 109,425 |
| | $ | 117,721 |
| | $ | 51,862 |
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