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CT Legacy Partners (Details 6) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Dec. 31, 2012
Mar. 31, 2013
CT Legacy Partners
Mar. 31, 2013
CT Legacy Partners
Loans and Securities Collateral Balances
Repurchase obligations $ 20,214    $ 20,214 $ 20,214
Fair Value       162,034 [1]
Principal Balance     135,300 323,736
Amount at risk       $ 141,820 [2]
Maturity date of facility       Dec. 15, 2014
Interest rate description       Libor+6.00%
Basis spread of variable interest rate       6.00%
[1] Fair values represent the amount at which an asset could be sold in an orderly transaction between a willing buyer and willing seller. The immediate liquidation value of these assets would likely be substantially lower.
[2] Amount at risk is calculated on an asset-by-asset basis for the facility and considers the greater of (a) the book value of an asset and (b) the fair value of an asset, in determining the total risk.