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This excerpt taken from the CSE 10-Q filed May 11, 2009. Concentrations
of Credit Risk
In our normal course of business, we engage in commercial
lending and leasing activities with clients primarily throughout
the United States. As of March 31, 2009, the single largest
industry concentration was healthcare and social assistance,
which made up approximately 18% of our commercial loan
portfolio. As of March 31, 2009, the largest geographical
concentration was New York, which made up approximately 13% of
our commercial loan portfolio. As of March 31, 2009, the
single largest industry concentration in our direct real estate
investment portfolio was skilled nursing, which made up
approximately 98.5% of the investments. As of March 31,
2009, the largest geographical concentration in our direct real
estate investment portfolio was Florida, which made up
approximately 33.5% of the investments.
These excerpts taken from the CSE 10-K filed Mar 2, 2009. Concentrations
of Credit Risk
In our normal course of business, we engage in commercial
lending and leasing activities with clients primarily throughout
the United States. As of December 31, 2008, the single
largest industry concentration was healthcare and social
assistance, which made up approximately 18% of our commercial
loan portfolio. As of December 31, 2008, the largest
geographical concentration was New York, which made up
approximately 13% of our commercial loan portfolio. As of
December 31, 2008, the single largest industry
concentration in our direct real estate investment portfolio was
skilled nursing, which made up approximately 98% of the
investments. As of December 31, 2008, the largest
geographical concentration in our direct real estate investment
portfolio was Florida, which made up approximately 33% of the
investments.
Concentrations
of Credit Risk
In our normal course of business, we engage in commercial
lending and leasing activities with clients primarily throughout
the United States. As of December 31, 2008, the single
largest industry concentration was healthcare and social
assistance, which made up approximately 18% of our commercial
loan portfolio. As of December 31, 2008, the largest
geographical concentration was New York, which made up
approximately 13% of our commercial loan portfolio. As of
December 31, 2008, the single largest industry
concentration in our direct real estate investment portfolio was
skilled nursing, which made up approximately 98% of the
investments. As of December 31, 2008, the largest
geographical concentration in our direct real estate investment
portfolio was Florida, which made up approximately 33% of the
investments.
Concentrations
of Credit Risk
In our normal course of business, we engage in commercial
lending and leasing activities with clients throughout the
United States. As of December 31, 2008, the single largest
industry concentration was healthcare and social assistance,
which made up approximately 18% of our commercial loan
portfolio. As of December 31, 2008, the largest
geographical concentration was New York, which made up
approximately 13% of our commercial loan portfolio. As of
December 31, 2008, the single largest industry
concentration in our direct real estate investment portfolio was
skilled nursing, which made up approximately 98% of the
investments. As of December 31, 2008, the largest
geographical concentration in our direct real estate investment
portfolio was Florida, which made up approximately 33% of the
investments.
We use fair value measurements to record fair value adjustments
to certain of our financial assets and liabilities and to
determine fair value disclosures. Marketable securities,
mortgage-backed securities, available-for-sale
NOTES TO
THE CONSOLIDATED FINANCIAL
STATEMENTS — (Continued)
investments, warrants and derivatives are recorded at fair value
on a recurring basis. In addition, we may be required from time
to time to measure certain of our assets at fair value on a
nonrecurring basis, including loans held for sale, loans held
for investment and certain of our investments. As previously
discussed in Note 2, Summary of Significant Accounting
Policies, we adopted SFAS No. 157 effective
January 1, 2008. SFAS No. 157 amended
SFAS No. 107, Disclosures about Fair Value of
Financial Instruments
(“SFAS No. 107”), which requires the
disclosure of the estimated fair value of on- and off-balance
sheet financial instruments. We followed SFAS No. 157
in determining the SFAS No. 107 fair value disclosure
amounts. The disclosures required under SFAS No. 157
and SFAS No. 107 are included in this note.
Concentrations
of Credit Risk
In our normal course of business, we engage in commercial
lending and leasing activities with clients throughout the
United States. As of December 31, 2008, the single largest
industry concentration was healthcare and social assistance,
which made up approximately 18% of our commercial loan
portfolio. As of December 31, 2008, the largest
geographical concentration was New York, which made up
approximately 13% of our commercial loan portfolio. As of
December 31, 2008, the single largest industry
concentration in our direct real estate investment portfolio was
skilled nursing, which made up approximately 98% of the
investments. As of December 31, 2008, the largest
geographical concentration in our direct real estate investment
portfolio was Florida, which made up approximately 33% of the
investments.
We use fair value measurements to record fair value adjustments
to certain of our financial assets and liabilities and to
determine fair value disclosures. Marketable securities,
mortgage-backed securities, available-for-sale
NOTES TO
THE CONSOLIDATED FINANCIAL
STATEMENTS — (Continued)
investments, warrants and derivatives are recorded at fair value
on a recurring basis. In addition, we may be required from time
to time to measure certain of our assets at fair value on a
nonrecurring basis, including loans held for sale, loans held
for investment and certain of our investments. As previously
discussed in Note 2, Summary of Significant Accounting
Policies, we adopted SFAS No. 157 effective
January 1, 2008. SFAS No. 157 amended
SFAS No. 107, Disclosures about Fair Value of
Financial Instruments
(“SFAS No. 107”), which requires the
disclosure of the estimated fair value of on- and off-balance
sheet financial instruments. We followed SFAS No. 157
in determining the SFAS No. 107 fair value disclosure
amounts. The disclosures required under SFAS No. 157
and SFAS No. 107 are included in this note.
This excerpt taken from the CSE 10-Q filed Nov 10, 2008. Concentrations
of Credit Risk
In our normal course of business, we engage in commercial
lending, banking, and leasing activities with clients primarily
throughout the United States. As of September 30, 2008, the
single largest industry concentration was business products and
services, which made up approximately 14.6% of our commercial
loan portfolio. As of September 30, 2008, the largest
geographical concentration was the State of New York, which made
up approximately 12.7% of our commercial loan portfolio. As of
September 30, 2008, the single largest industry
concentration in our direct real estate investment portfolio was
skilled nursing, which made up approximately 98% of the
investments. As of September 30, 2008, the largest
geographical concentration in our direct real estate investment
portfolio was Florida, which made up approximately 33% of the
investments.
This excerpt taken from the CSE 10-Q filed Aug 11, 2008. Concentrations
of Credit Risk
In our normal course of business, we engage in commercial
finance and leasing activities with clients primarily throughout
the United States. As of June 30, 2008, the single largest
industry concentration was skilled nursing, which made up
approximately 15.2% of our commercial loan portfolio. As of
June 30, 2008, the largest geographical concentration was
Florida, which made up approximately 14.5% of our commercial
loan portfolio. As of June 30, 2008, the single largest
industry concentration in our direct real estate investment
portfolio was skilled nursing, which made up approximately 99%
of the investments. As of June 30, 2008, the largest
geographical concentration in our direct real estate investment
portfolio was Florida, which made up approximately 33% of the
investments.
This excerpt taken from the CSE 10-Q filed May 12, 2008. Concentrations
of Credit Risk
In our normal course of business, we engage in commercial
finance and leasing activities with clients primarily throughout
the United States. As of March 31, 2008, the single largest
industry concentration was skilled nursing, which made up
approximately 15.4% of our commercial loan portfolio. As of
March 31, 2008, the largest geographical concentration was
Florida, which made up approximately 14.5% of our commercial
loan portfolio. As of March 31, 2008, the single largest
industry concentration in our direct real estate investment
portfolio was skilled nursing, which made up approximately 98%
of the investments. As of March 31, 2008, the largest
geographical concentration in our direct real estate investment
portfolio was Florida, which made up approximately 33% of the
investments.
These excerpts taken from the CSE 10-K filed Feb 29, 2008. Concentrations
of Credit Risk
In our normal course of business, we engage in commercial
finance and leasing activities with clients primarily throughout
the United States. As of December 31, 2007, the single
largest industry concentration was skilled nursing, which made
up approximately 15% of our commercial loan portfolio. As of
December 31, 2007, the largest geographical concentration
was Florida, which made up approximately 15% of our commercial
loan portfolio. As of December 31, 2007, the single largest
industry concentration in our direct real estate investment
portfolio was skilled nursing, which made up approximately 98%
of the investments. As of December 31, 2007, the largest
geographical concentration in our direct real estate investment
portfolio was Florida, which made up approximately 34% of the
investments.
Concentrations of Credit Risk In our normal course of business, we engage in commercial finance and leasing activities with clients primarily throughout the United States. As of December 31, 2007, the single largest industry concentration was skilled nursing, which made up approximately 15% of our commercial loan portfolio. As of December 31, 2007, the largest geographical concentration was Florida, which made up approximately 15% of our commercial loan portfolio. As of December 31, 2007, the single largest industry concentration in our direct real estate investment portfolio was skilled nursing, which made up approximately 98% of the investments. As of December 31, 2007, the largest geographical concentration in our direct real estate investment portfolio was Florida, which made up approximately 34% of the investments. This excerpt taken from the CSE 10-Q filed Nov 9, 2007. Concentrations
of Credit Risk
In our normal course of business, we engage in commercial
lending activities with borrowers primarily throughout the
United States. As of September 30, 2007 and
December 31, 2006, the entire commercial loan portfolio was
diversified such that no single borrower was greater than 4% of
the portfolio. As of September 30, 2007, the single largest
industry concentration was skilled nursing, which made up
approximately 17% of our commercial loan portfolio. As of
September 30, 2007, the largest geographical concentration
was Florida, which made up approximately 16% of our commercial
loan portfolio. As of September 30, 2007, the single
largest industry concentration in our direct real estate
investment portfolio was skilled nursing, which made up
approximately 98% of the investments. As of September 30,
2007, the largest geographical concentration in our direct real
estate investment portfolio was Florida, which made up
approximately 33.8% of the investments.
This excerpt taken from the CSE 10-Q filed Aug 8, 2007. Concentrations
of Credit Risk
In our normal course of business, we engage in commercial
lending activities with borrowers primarily throughout the
United States. As of June 30, 2007 and December 31,
2006, the entire commercial loan portfolio was diversified such
that no single borrower was greater than 4% of the portfolio. As
of June 30, 2007, the single largest industry concentration
was business products and services, which made up approximately
14% of our commercial loan portfolio. As of June 30, 2007,
the largest geographical concentration was Florida, which made
up approximately 16% of our commercial loan portfolio. As of
June 30, 2007, the single largest industry concentration in
our direct real estate investment portfolio was skilled nursing,
which made up approximately 98% of the investments. As of
June 30, 2007, the largest geographical concentration in
our direct real estate investment portfolio was Florida, which
made up approximately 34% of the investments.
This excerpt taken from the CSE 10-Q filed May 10, 2007. Concentrations
of Credit Risk
In our normal course of business, we engage in commercial
lending activities with borrowers primarily throughout the
United States. As of March 31, 2007 and December 31,
2006, the entire commercial loan portfolio was diversified such
that no single borrower was greater than 4% of the portfolio. As
of March 31, 2007, the single largest industry
concentration was skilled nursing, which made up approximately
15% of our commercial loan portfolio. As of March 31, 2007,
the largest geographical concentration was Florida, which made
up approximately 16% of our commercial loan portfolio. As of
March 31, 2007, the single largest industry concentration
in our direct real estate investment portfolio was skilled
nursing, which made up approximately 98% of the investments. As
of March 31, 2007, the largest geographical concentration
in our direct real estate investment portfolio was Florida,
which made up approximately 34% of the investments.
This excerpt taken from the CSE 10-K filed Mar 1, 2007. Concentrations
of Credit Risk
In our normal course of business, we engage in commercial
lending activities with borrowers primarily throughout the
United States. As of December 31, 2006 and 2005, the entire
loan portfolio was diversified such that no single borrower was
greater than 10% of the portfolio. As of December 31, 2006,
the single largest industry concentration was skilled nursing,
which made up approximately 18% of our commercial loan
portfolio. As of December 31, 2006, the largest
geographical concentration was Florida, which made up
approximately 15% of our commercial loan portfolio. As of
December 31, 2006, the single largest industry
concentration in our direct real estate investment portfolio was
skilled nursing, which made up approximately 98% of the
investments. As of December 31, 2006, the largest
geographical concentration in our direct real estate investment
portfolio was Florida, which made up approximately 40% of the
investments.
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