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Valuation (Fair Value Measurement Using Significant Unobservable Inputs) (Details) - Level 3 [Member] - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance $ 514,536 $ 694,403 $ 638,486 $ 756,934
Assets, Accreted Discounts/Amortized Premiums 44 3,014 (3,049) 7,037
Assets, Realized Gain (Loss) 3,858 12,574 13,603 38,056
Assets, Change In Net Unrealized Gain/(Loss) 32 2,273 (6,856) (9,700)
Assets, Purchases 151,048 141,089 263,005 305,047
Assets, Sales (133,371) (145,260) (298,776) (389,281)
Assets, Transfers into Level 3 20,165 0 6,490 0
Assets, Transfers out of Level 3 (21,038) 0 (77,629) 0
Assets, Ending Balance 535,274 708,093 535,274 708,093
Liabilities, Begining Balance (1,215) (1,333) (1,013) (1,333)
Liabilities, Accreted Discounts/Amortized Premiums 0 (5) (2) (12)
Liabilities, Realized Gain/(Loss) 330 (20) 311 (39)
Liabilities, Change In Net Unrealized Gain/(Loss) (1,636) 1 (1,924) (16)
Liabilities Purchases/Payments (340) 62 (252) 86
Liabilities, Sales/Issuance 23 20 42 39
Liabilities, Transfers into Level 3 0 0 0 0
Liabilities, Transfers out of Level 3 0 0 0 0
Liabilities, Ending Balance (2,838) (1,275) (2,838) (1,275)
Change in net unrealized gain (loss) on investments (600) 6,000 (1,000) 6,200
Change in net unrealized gain (loss) in financial derivative assets 1,200 600 1,000 (1,500)
Change in net unrealized Gain (Loss) on financial derivative liabilities (1,700)   (1,900)  
Change in net unrealized gain (loss) in securitized debt 1 1 20 (16)
Securitized Debt [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Liabilities, Begining Balance (669) (983) (774) (983)
Liabilities, Accreted Discounts/Amortized Premiums 0 (5) (2) (12)
Liabilities, Realized Gain/(Loss) 0 0 0 0
Liabilities, Change In Net Unrealized Gain/(Loss) 1 1 20 (16)
Liabilities, Payments 13 62 101 86
Liabilities, Issuances 0 0 0 0
Liabilities, Transfers into Level 3 0 0 0 0
Liabilities, Transfers out of Level 3 0 0 0 0
Liabilities, Ending Balance (655) (925) (655) (925)
Investments [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 503,509 679,229 626,999 740,288
Assets, Accreted Discounts/Amortized Premiums 44 3,014 (3,049) 7,037
Assets, Realized Gain (Loss) 5,136 13,041 14,480 37,332
Assets, Change In Net Unrealized Gain/(Loss) (1,154) 1,687 (7,805) (9,075)
Assets, Purchases 151,024 140,672 262,959 304,591
Assets, Sales (132,208) (143,712) (296,967) (386,242)
Assets, Transfers into Level 3 20,165 0 6,490 0
Assets, Transfers out of Level 3 (21,038) 0 (77,629) 0
Assets, Ending Balance 525,478 693,931 525,478 693,931
Investments [Member] | Agency residential mortgage-backed securities [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 26,335 41,375 31,385 40,504
Assets, Accreted Discounts/Amortized Premiums (1,941) (2,045) (3,947) (4,334)
Assets, Realized Gain (Loss) 0 135 472 170
Assets, Change In Net Unrealized Gain/(Loss) 1,604 (728) 1,508 23
Assets, Purchases 6,317 0 7,506 2,554
Assets, Sales (1,930) (2,497) (6,539) (2,677)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 30,385 36,240 30,385 36,240
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 169,371 490,083 274,369 580,772
Assets, Accreted Discounts/Amortized Premiums 1,824 5,203 4,692 10,589
Assets, Realized Gain (Loss) 4,423 7,718 11,397 31,178
Assets, Change In Net Unrealized Gain/(Loss) (40) 3,516 (3,889) (9,336)
Assets, Purchases 40,761 64,639 58,464 154,223
Assets, Sales (55,420) (85,257) (113,848) (281,524)
Assets, Transfers into Level 3 20,165 0 6,490 0
Assets, Transfers out of Level 3 (21,038) 0 (77,629) 0
Assets, Ending Balance 160,046 485,902 160,046 485,902
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 52,214 32,645 53,311 32,994
Assets, Accreted Discounts/Amortized Premiums 556 147 1,928 352
Assets, Realized Gain (Loss) (91) 3,518 523 4,391
Assets, Change In Net Unrealized Gain/(Loss) (792) (1,979) (2,692) (464)
Assets, Purchases 4,538 28,400 20,132 66,169
Assets, Sales (6,591) (34,684) (23,368) (75,395)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 49,834 28,047 49,834 28,047
Investments [Member] | Commercial Mortgage Loans [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 38,918 44,005 28,309 23,887
Assets, Accreted Discounts/Amortized Premiums 736 521 1,275 1,084
Assets, Realized Gain (Loss) 0 871 0 872
Assets, Change In Net Unrealized Gain/(Loss) (637) 169 (620) (291)
Assets, Purchases 26,519 3,980 50,810 24,004
Assets, Sales (10,226) (12,131) (24,464) (12,141)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 55,310 37,415 55,310 37,415
Investments [Member] | Residential Mortgage Loans [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 30,845 23,566 27,482 24,062
Assets, Accreted Discounts/Amortized Premiums 405 0 848 0
Assets, Realized Gain (Loss) 1,422 359 1,664 377
Assets, Change In Net Unrealized Gain/(Loss) (215) 1,214 (70) 954
Assets, Purchases 3,782 1,695 9,758 1,695
Assets, Sales (15,310) (3,463) (18,753) (3,717)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 20,929 23,371 20,929 23,371
Investments [Member] | Collateralized Loan Obligations [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 88,847 47,458 123,338 38,069
Assets, Accreted Discounts/Amortized Premiums 149 (812) (4,473) (654)
Assets, Realized Gain (Loss) (819) 450 (48) 354
Assets, Change In Net Unrealized Gain/(Loss) 252 (492) (1,453) 56
Assets, Purchases 39,110 40,300 49,587 54,187
Assets, Sales (29,151) (5,589) (68,563) (10,697)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 98,388 81,315 98,388 81,315
Investments [Member] | Consumer loans and asset-backed securities backed by consumer loans [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 34,773   22,950  
Assets, Accreted Discounts/Amortized Premiums (1,701)   (3,419)  
Assets, Realized Gain (Loss) 0   0  
Assets, Change In Net Unrealized Gain/(Loss) 225   776  
Assets, Purchases 25,082   41,139  
Assets, Sales (5,922)   (8,989)  
Assets, Transfers into Level 3 0   0  
Assets, Transfers out of Level 3 0   0  
Assets, Ending Balance 52,457   52,457  
Investments [Member] | Corporate Debt [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 31,836   42,708  
Assets, Accreted Discounts/Amortized Premiums 16   47  
Assets, Realized Gain (Loss) (78)   108  
Assets, Change In Net Unrealized Gain/(Loss) (1,809)   (2,390)  
Assets, Purchases 1,025   12,630  
Assets, Sales (4,712)   (26,825)  
Assets, Transfers into Level 3 0   0  
Assets, Transfers out of Level 3 0   0  
Assets, Ending Balance 26,278   26,278  
Investments [Member] | Real Estate Owned [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 9,070 97 8,635 0
Assets, Accreted Discounts/Amortized Premiums 0 0 0 0
Assets, Realized Gain (Loss) 164 (10) 248 (10)
Assets, Change In Net Unrealized Gain/(Loss) (10) (13) 527 (17)
Assets, Purchases 2,774 1,658 5,245 1,759
Assets, Sales (2,496) (91) (5,153) (91)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 9,502 1,641 9,502 1,641
Investments [Member] | Private Corporate Equity Investments [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 21,300   14,512  
Assets, Accreted Discounts/Amortized Premiums 0   0  
Assets, Realized Gain (Loss) 115   116  
Assets, Change In Net Unrealized Gain/(Loss) 268   498  
Assets, Purchases 1,116   7,688  
Assets, Sales (450)   (465)  
Assets, Transfers into Level 3 0   0  
Assets, Transfers out of Level 3 0   0  
Assets, Ending Balance 22,349   22,349  
Financial Derivatives - Assets [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 11,027 15,174 11,487 16,646
Assets, Accreted Discounts/Amortized Premiums 0 0 0 0
Assets, Realized Gain (Loss) (1,278) (467) (877) 724
Assets, Change In Net Unrealized Gain/(Loss) 1,186 586 949 (625)
Assets, Purchases 24 417 46 456
Assets, Sales (1,163) (1,548) (1,809) (3,039)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 9,796 14,162 9,796 14,162
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 10,809 15,174 11,387 16,646
Assets, Accreted Discounts/Amortized Premiums 0 0 0 0
Assets, Realized Gain (Loss) (1,563) (467) (1,162) 724
Assets, Change In Net Unrealized Gain/(Loss) 1,056 586 701 (625)
Assets, Purchases 3 417 25 456
Assets, Sales (856) (1,548) (1,502) (3,039)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 9,449 14,162 9,449 14,162
Financial Derivatives - Assets [Member] | Total Return Swaps [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 118   0  
Assets, Accreted Discounts/Amortized Premiums 0   0  
Assets, Realized Gain (Loss) 285   285  
Assets, Change In Net Unrealized Gain/(Loss) 130   248  
Assets, Purchases 21   21  
Assets, Sales (307)   (307)  
Assets, Transfers into Level 3 0   0  
Assets, Transfers out of Level 3 0   0  
Assets, Ending Balance 247   247  
Financial Derivatives - Assets [Member] | Warrant [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 100   100  
Assets, Accreted Discounts/Amortized Premiums 0   0  
Assets, Realized Gain (Loss) 0   0  
Assets, Change In Net Unrealized Gain/(Loss) 0   0  
Assets, Purchases 0   0  
Assets, Sales 0   0  
Assets, Transfers into Level 3 0   0  
Assets, Transfers out of Level 3 0   0  
Assets, Ending Balance 100   100  
Financial Derivatives - Liabilities [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Liabilities, Begining Balance (546) (350) (239) (350)
Liabilities, Accreted Discounts/Amortized Premiums 0 0 0 0
Liabilities, Realized Gain/(Loss) 330 (20) 311 (39)
Liabilities, Change In Net Unrealized Gain/(Loss) (1,637) 0 (1,944) 0
Liabilities, Purchases (353) 0 (353) 0
Liabilities, Sales 23 20 42 39
Liabilities, Transfers into Level 3 0 0 0 0
Liabilities, Transfers out of Level 3 0 0 0 0
Liabilities, Ending Balance (2,183) (350) (2,183) (350)
Financial Derivatives - 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 (239) (350) (239) (350)
Liabilities, Accreted Discounts/Amortized Premiums 0 0 0 0
Liabilities, Realized Gain/(Loss) (23) (20) (42) (39)
Liabilities, Change In Net Unrealized Gain/(Loss) (41) 0 (41) 0
Liabilities, Purchases 0 0 0 0
Liabilities, Sales 23 20 42 39
Liabilities, Transfers into Level 3 0 0 0 0
Liabilities, Transfers out of Level 3 0 0 0 0
Liabilities, Ending Balance (280) $ (350) (280) $ (350)
Financial Derivatives - Liabilities [Member] | Total Return Swaps [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Liabilities, Begining Balance (307)   0  
Liabilities, Accreted Discounts/Amortized Premiums 0   0  
Liabilities, Realized Gain/(Loss) 353   353  
Liabilities, Change In Net Unrealized Gain/(Loss) (1,596)   (1,903)  
Liabilities, Purchases (353)   (353)  
Liabilities, Sales 0   0  
Liabilities, Transfers into Level 3 0   0  
Liabilities, Transfers out of Level 3 0   0  
Liabilities, Ending Balance $ (1,903)   $ (1,903)