XML 12 R39.htm IDEA: XBRL DOCUMENT v2.4.0.6
Valuation (Fair Value Measurement Using Significant Unobservable Inputs) (Details) (Level 3 [Member], USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance $ 599,914,000 $ 504,861,000
Assets, Accreted Discounts/Amortized Premiums 5,786,000 3,895,000
Assets, Realized Gain (Loss) 17,404,000 1,801,000
Assets, Change In Net Unrealized Gain/(Loss) 21,955,000 26,650,000
Assets, Purchases 107,235,000 100,981,000
Assets, Sales (124,719,000) (158,525,000)
Assets, Transfers In and/or Out of Level 3 0 0
Assets, Ending Balance 627,575,000 479,663,000
Liabilities, Begining Balance (1,336,000)  
Liabilities, Accreted Discounts/Amortized Premiums (9,000)  
Liabilities, Realized Gain/(Loss) (28,000)  
Liabilities, Change In Net Unrealized Gain/(Loss) 68,000  
Liabilities Purchases/Payments 70,000  
Liabilities, Sales/Issuance 28,000  
Liabilities, Transfers In and/or Out of Level 3 0  
Liabilities, Ending Balance (1,207,000)  
Change in net unrealized gain (loss) on investments 28,300,000 12,700,000
Change in net unrealized gain (loss) in financial derivative assets (7,200,000) (4,500,000)
Change in net unrealized Gain (Loss) on financial derivative liabilities (1,000)  
Change in net unrealized gain (loss) in securitized debt 70,000 10,000
Securitized Debt [Member]
   
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Liabilities, Begining Balance (1,335,000) 0
Liabilities, Accreted Discounts/Amortized Premiums (9,000) (13,000)
Liabilities, Realized Gain/(Loss) 0 0
Liabilities, Change In Net Unrealized Gain/(Loss) 69,000 10,000
Liabilities, Payments 70,000 0
Liabilities, Issuances 0 (1,482,000)
Liabilities, Transfers In and/or Out of Level 3 0 0
Liabilities, Ending Balance (1,205,000) (1,485,000)
Investments [Member]
   
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 563,883,000 443,363,000
Assets, Accreted Discounts/Amortized Premiums 5,786,000 3,895,000
Assets, Realized Gain (Loss) 14,153,000 6,545,000
Assets, Change In Net Unrealized Gain/(Loss) 27,554,000 19,851,000
Assets, Purchases 107,186,000 100,858,000
Assets, Sales (117,385,000) (143,595,000)
Assets, Transfers In and/or Out of Level 3 0 0
Assets, Ending Balance 601,177,000 430,917,000
Investments [Member] | U.S. Treasury And Agency Residential Mortgage-Backed Securities [Member]
   
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 6,644,000 5,337,000
Assets, Accreted Discounts/Amortized Premiums (870,000) (624,000)
Assets, Realized Gain (Loss) 0 0
Assets, Change In Net Unrealized Gain/(Loss) 238,000 431,000
Assets, Purchases 10,216,000 872,000
Assets, Sales 0 0
Assets, Transfers In and/or Out of Level 3 0 0
Assets, Ending Balance 16,228,000 6,016,000
Investments [Member] | Private Label Residential Mortgage-Backed Securities [Member]
   
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 528,366,000 417,533,000
Assets, Accreted Discounts/Amortized Premiums 6,640,000 4,374,000
Assets, Realized Gain (Loss) 15,602,000 6,201,000
Assets, Change In Net Unrealized Gain/(Loss) 24,020,000 17,660,000
Assets, Purchases 72,832,000 98,678,000
Assets, Sales (89,640,000) (136,216,000)
Assets, Transfers In and/or Out of Level 3 0 0
Assets, Ending Balance 557,820,000 408,230,000
Investments [Member] | Private Label Commercial Mortgage-Backed Securities [Member]
   
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 19,327,000 16,093,000
Assets, Accreted Discounts/Amortized Premiums 57,000 117,000
Assets, Realized Gain (Loss) (1,449,000) 344,000
Assets, Change In Net Unrealized Gain/(Loss) 3,244,000 1,688,000
Assets, Purchases 12,344,000 1,308,000
Assets, Sales (27,745,000) (7,379,000)
Assets, Transfers In and/or Out of Level 3 0 0
Assets, Ending Balance 5,778,000 12,171,000
Investments [Member] | Commercial Mortgage Loans [Member]
   
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 9,546,000 4,400,000
Assets, Accreted Discounts/Amortized Premiums 8,000 28,000
Assets, Realized Gain (Loss) 0 0
Assets, Change In Net Unrealized Gain/(Loss) 159,000 72,000
Assets, Purchases 0 0
Assets, Sales 0 0
Assets, Transfers In and/or Out of Level 3 0 0
Assets, Ending Balance 9,713,000 4,500,000
Investments [Member] | Asset-backed Securities [Member]
   
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 0  
Assets, Accreted Discounts/Amortized Premiums (49,000)  
Assets, Realized Gain (Loss) 0  
Assets, Change In Net Unrealized Gain/(Loss) (107,000)  
Assets, Purchases 11,794,000  
Assets, Sales 0  
Assets, Transfers In and/or Out of Level 3 0  
Assets, Ending Balance 11,638,000  
Financial Derivatives - Assets [Member]
   
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 36,031,000 61,498,000
Assets, Accreted Discounts/Amortized Premiums 0 0
Assets, Realized Gain (Loss) 3,251,000 (4,744,000)
Assets, Change In Net Unrealized Gain/(Loss) (5,599,000) 6,799,000
Assets, Purchases 49,000 123,000
Assets, Sales (7,334,000) (14,930,000)
Assets, Transfers In and/or Out of Level 3 0 0
Assets, Ending Balance 26,398,000 48,746,000
Financial Derivatives - Assets [Member] | Credit Default Swaps On Asset Backed Securities [Member]
   
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 36,031,000 61,498,000
Assets, Accreted Discounts/Amortized Premiums 0 0
Assets, Realized Gain (Loss) 3,251,000 (4,744,000)
Assets, Change In Net Unrealized Gain/(Loss) (5,599,000) 6,799,000
Assets, Purchases 49,000 123,000
Assets, Sales (7,334,000) (14,930,000)
Assets, Transfers In and/or Out of Level 3 0 0
Assets, Ending Balance 26,398,000 48,746,000
Derivative Financial Instruments, Liabilities [Member]
   
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Liabilities, Begining Balance (1,000)  
Liabilities, Accreted Discounts/Amortized Premiums 0  
Liabilities, Realized Gain/(Loss) (28,000)  
Liabilities, Change In Net Unrealized Gain/(Loss) (1,000)  
Liabilities, Purchases 0  
Liabilities, Sales 28,000  
Liabilities, Transfers In and/or Out of Level 3 0  
Liabilities, Ending Balance (2,000)  
Derivative Financial Instruments, Liabilities [Member] | Credit Default Swaps On Asset Backed Securities [Member]
   
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Liabilities, Begining Balance (1,000)  
Liabilities, Accreted Discounts/Amortized Premiums 0  
Liabilities, Realized Gain/(Loss) (28,000)  
Liabilities, Change In Net Unrealized Gain/(Loss) (1,000)  
Liabilities, Purchases 0  
Liabilities, Sales 28,000  
Liabilities, Transfers In and/or Out of Level 3 0  
Liabilities, Ending Balance $ (2,000)