XML 98 R45.htm IDEA: XBRL DOCUMENT v2.4.0.8
Loans and Investments (Details 3) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
item
Jun. 30, 2012
item
Jun. 30, 2013
item
Jun. 30, 2012
item
Dec. 31, 2012
item
Loans and Investments          
Number of impaired loans 2 1 4 3  
Aggregate carrying value of impaired loans $ 12,900,000 $ 20,600,000 $ 26,600,000 $ 55,400,000  
Impaired loans, provision for loan losses 1,500,000 8,600,000 4,000,000 16,396,064  
LOANS AND OTHER LENDING INVESTMENTS          
Net recoveries of previously recorded loan loss reserves 700,000 600,000 700,000 700,000  
Loan loss reserves related to VIEs 146,563,765 188,316,915 146,563,765 188,316,915  
Loans without previous reserves 1,500,000   4,000,000    
Provision for loan losses (net of recoveries) 821,722 7,945,453 3,321,877 15,734,861  
Number of impaired loans 20   20   20
Number of loans on which Company had not previously recorded reserves 4   4    
Aggregate carrying value of impaired loans before reserves 247,644,873   247,644,873   240,211,152
Number of loans for which no provision for loan loss made 0 0 0 0  
Changes in allowance for loan losses          
Allowance at beginning of the period     161,706,313 185,381,855  
Impaired loans, provision for loan losses 1,500,000 8,600,000 4,000,000 16,396,064  
Charge-offs     (18,461,330) (12,763,663)  
Recoveries of reserves     (681,218) (697,341)  
Allowance at end of the period 146,563,765 188,316,915 146,563,765 188,316,915  
Five loans collateralized by a land development project | Maturity date of September 2013
         
LOANS AND OTHER LENDING INVESTMENTS          
Number of loans with unpaid principal balance     5    
Unpaid principal balance on loans 111,200,000   111,200,000    
Loan loss reserves related to VIEs 43,700,000   43,700,000    
Changes in allowance for loan losses          
Allowance at end of the period 43,700,000   43,700,000    
Four loans collateralized by a land development project | Maturity date of September 2013
         
LOANS AND OTHER LENDING INVESTMENTS          
Number of loans with unpaid principal balance     4    
Unpaid principal balance on loans $ 101,900,000   $ 101,900,000    
Weighted average accrual rate of interest (as a percent)     9.60%