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CT Legacy Partners (Details 1) (CT Legacy Partners, USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Issues
CT Legacy Partners
 
Overall Statistics for CT Legacy Partners's securities portfolio  
Number of securities 12
Number of issues 6
Rating CCC [1],[2]
Coupon 6.30% [1],[3]
Yield 5.67% [1],[3]
Life (years) 4 years 4 months [1],[4],[5]
Principal balance of debt securities $ 135,300
[1] Represents a weighted average as of March 31, 2013.
[2] Weighted average ratings are based on the lowest rating published by Fitch Ratings, Standard & Poor's or Moody's Investors Service for each security.
[3] Coupon is based on the securities' contractual interest rates, while yield is based on expected cash flows for each security, and considers discounts/premiums and asset non-performance. Calculations for floating rate securities are based on LIBOR of 0.20% as of March 31, 2013.
[4] Weighted average life is based on the timing and amount of future expected principal payments through the expected repayment date of each respective investment.
[5] For loans in CT CDO I, assumes all extension options are executed. For loans in GSMS 2006-FL8A, maturity is based on information provided by its trustee.