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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, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance $ 519,647 $ 514,536 $ 493,541 $ 638,486
Assets, Accreted Discounts/Amortized Premiums (4,295) 44 (8,533) (3,049)
Assets, Realized Gain (Loss) 6,250 3,858 4,578 13,603
Assets, Change In Net Unrealized Gain/(Loss) (3,188) 32 (9,151) (6,856)
Assets, Purchases 106,972 151,048 221,133 263,005
Assets, Sales (110,295) (133,371) (184,698) (298,776)
Assets, Transfers into Level 3 12,823 20,165 11,261 6,490
Assets, Transfers out of Level 3 (8,790) (21,038) (9,007) (77,629)
Assets, Ending Balance 519,124 535,274 519,124 535,274
Liabilities, Begining Balance (4,540) (1,215) (6,159) (1,013)
Liabilities, Accreted Discounts/Amortized Premiums (9) 0 (8) (2)
Liabilities, Realized Gain/(Loss) (2,007) 330 (3,913) 311
Liabilities, Change In Net Unrealized Gain/(Loss) (323) (1,636) 3,628 (1,924)
Liabilities Purchases/Payments 12,716 (340) 15,941 (252)
Liabilities, Sales/Issuance (17,346) 23 (20,998) 42
Liabilities, Transfers into Level 3 0 0 0 0
Liabilities, Transfers out of Level 3 0 0 0 0
Liabilities, Ending Balance (11,509) (2,838) (11,509) (2,838)
Change in net unrealized gain (loss) on investments Level 3 Held At End of Period (2,200) (600) (10,900) (1,000)
Unrealized Gain (Loss) On Investments Sold Short, Level 3, Held At End Of Period (30)   (40)  
Change in net unrealized gain (loss) in financial derivative assets Level 3 Held At End of Period 300 1,200 900 1,000
Change in net unrealized Gain (Loss) on financial derivative liabilities Level 3 Held At End of Period (600) (1,700) (100) (1,900)
Change in net unrealized gain (loss) in securitized debt Level 3 Held At End of Period   1   20
Change in net unrealized Gain (Loss) On Guarantees Level 3 Held At End Of Period 300   500  
Securitized Debt [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Liabilities, Begining Balance   (669)   (774)
Liabilities, Accreted Discounts/Amortized Premiums   0   (2)
Liabilities, Realized Gain/(Loss)   0   0
Liabilities, Change In Net Unrealized Gain/(Loss)   1   20
Liabilities, Payments   13   101
Liabilities, Issuances   0   0
Liabilities, Transfers into Level 3   0   0
Liabilities, Transfers out of Level 3   0   0
Liabilities, Ending Balance   (655)   (655)
Guarantees [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Liabilities, Begining Balance (616)   (828)  
Liabilities, Accreted Discounts/Amortized Premiums 0   0  
Liabilities, Realized Gain/(Loss) 0   0  
Liabilities, Change In Net Unrealized Gain/(Loss) 304   516  
Liabilities, Payments 0   0  
Liabilities, Issuances 0   0  
Liabilities, Transfers into Level 3 0   0  
Liabilities, Transfers out of Level 3 0   0  
Liabilities, Ending Balance (312)   (312)  
Investments [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 512,246 503,509 486,974 626,999
Assets, Accreted Discounts/Amortized Premiums (4,295) 44 (8,533) (3,049)
Assets, Realized Gain (Loss) 2,465 5,136 4,267 14,480
Assets, Change In Net Unrealized Gain/(Loss) (2,789) (1,154) (9,635) (7,805)
Assets, Purchases 110,142 151,024 220,698 262,959
Assets, Sales (109,670) (132,208) (183,893) (296,967)
Assets, Transfers into Level 3 12,823 20,165 11,261 6,490
Assets, Transfers out of Level 3 (8,790) (21,038) (9,007) (77,629)
Assets, Ending Balance 512,132 525,478 512,132 525,478
Investments [Member] | Agency residential mortgage-backed securities [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 22,306 26,335 24,918 31,385
Assets, Accreted Discounts/Amortized Premiums (1,888) (1,941) (3,945) (3,947)
Assets, Realized Gain (Loss) (82) 0 (90) 472
Assets, Change In Net Unrealized Gain/(Loss) (133) 1,604 (679) 1,508
Assets, Purchases 303 6,317 302 7,506
Assets, Sales 0 (1,930) 0 (6,539)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 20,506 30,385 20,506 30,385
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 113,382 169,371 116,435 274,369
Assets, Accreted Discounts/Amortized Premiums 1,109 1,824 1,517 4,692
Assets, Realized Gain (Loss) (290) 4,423 (283) 11,397
Assets, Change In Net Unrealized Gain/(Loss) (1,310) (40) (2,370) (3,889)
Assets, Purchases 1,687 40,761 7,419 58,464
Assets, Sales (6,100) (55,420) (12,461) (113,848)
Assets, Transfers into Level 3 12,823 20,165 11,261 6,490
Assets, Transfers out of Level 3 (8,790) (21,038) (9,007) (77,629)
Assets, Ending Balance 112,511 160,046 112,511 160,046
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 35,350 52,214 34,145 53,311
Assets, Accreted Discounts/Amortized Premiums 431 556 886 1,928
Assets, Realized Gain (Loss) 0 (91) 322 523
Assets, Change In Net Unrealized Gain/(Loss) (839) (792) (3,840) (2,692)
Assets, Purchases 0 4,538 7,844 20,132
Assets, Sales 0 (6,591) (4,415) (23,368)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 34,942 49,834 34,942 49,834
Investments [Member] | Commercial Mortgage Loans [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 56,365 38,918 66,399 28,309
Assets, Accreted Discounts/Amortized Premiums 727 736 1,272 1,275
Assets, Realized Gain (Loss) (1) 0 182 0
Assets, Change In Net Unrealized Gain/(Loss) (671) (637) 223 (620)
Assets, Purchases 0 26,519 13,424 50,810
Assets, Sales (6,954) (10,226) (32,034) (24,464)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 49,466 55,310 49,466 55,310
Investments [Member] | Residential Mortgage Loans [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 35,580 30,845 22,089 27,482
Assets, Accreted Discounts/Amortized Premiums 141 405 248 848
Assets, Realized Gain (Loss) 757 1,422 865 1,664
Assets, Change In Net Unrealized Gain/(Loss) (147) (215) 127 (70)
Assets, Purchases 17,101 3,782 32,066 9,758
Assets, Sales (6,783) (15,310) (8,746) (18,753)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 46,649 20,929 46,649 20,929
Investments [Member] | Collateralized Loan Obligations [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 34,415 88,847 45,974 123,338
Assets, Accreted Discounts/Amortized Premiums (1,942) 149 (2,869) (4,473)
Assets, Realized Gain (Loss) (279) (819) 801 (48)
Assets, Change In Net Unrealized Gain/(Loss) 145 252 417 (1,453)
Assets, Purchases 1,178 39,110 1,178 49,587
Assets, Sales (408) (29,151) (12,392) (68,563)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 33,109 98,388 33,109 98,388
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 143,854 34,773 115,376 22,950
Assets, Accreted Discounts/Amortized Premiums (2,713) (1,701) (5,596) (3,419)
Assets, Realized Gain (Loss) 6 0 6 0
Assets, Change In Net Unrealized Gain/(Loss) (655) 225 (549) 776
Assets, Purchases 37,046 25,082 88,956 41,139
Assets, Sales (23,143) (5,922) (43,798) (8,989)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 154,395 52,457 154,395 52,457
Investments [Member] | Corporate Debt [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 24,552 31,836 27,028 42,708
Assets, Accreted Discounts/Amortized Premiums (160) 16 (46) 47
Assets, Realized Gain (Loss) 275 (78) 255 108
Assets, Change In Net Unrealized Gain/(Loss) 1,874 (1,809) (2,102) (2,390)
Assets, Purchases 49,353 1,025 52,320 12,630
Assets, Sales (38,920) (4,712) (40,481) (26,825)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 36,974 26,278 36,974 26,278
Investments [Member] | Real Estate Owned [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 21,843 9,070 12,522 8,635
Assets, Accreted Discounts/Amortized Premiums 0 0 0 0
Assets, Realized Gain (Loss) 1,978 164 2,238 248
Assets, Change In Net Unrealized Gain/(Loss) (1,750) (10) (331) 527
Assets, Purchases 884 2,774 10,672 5,245
Assets, Sales (18,793) (2,496) (20,939) (5,153)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 4,162 9,502 4,162 9,502
Investments [Member] | Private Corporate Equity Investments [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 24,599 21,300 22,088 14,512
Assets, Accreted Discounts/Amortized Premiums 0 0 0 0
Assets, Realized Gain (Loss) 101 115 (29) 116
Assets, Change In Net Unrealized Gain/(Loss) 697 268 (531) 498
Assets, Purchases 2,590 1,116 6,517 7,688
Assets, Sales (8,569) (450) (8,627) (465)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 19,418 22,349 19,418 22,349
Financial Derivatives - Assets [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 7,401 11,027 6,567 11,487
Assets, Accreted Discounts/Amortized Premiums 0 0 0 0
Assets, Realized Gain (Loss) 3,785 (1,278) 311 (877)
Assets, Change In Net Unrealized Gain/(Loss) (399) 1,186 484 949
Assets, Purchases (3,170) 24 435 46
Assets, Sales (625) (1,163) (805) (1,809)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 6,992 9,796 6,992 9,796
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 6,227 10,809 6,332 11,387
Assets, Accreted Discounts/Amortized Premiums 0 0 0 0
Assets, Realized Gain (Loss) 373 (1,563) 464 (1,162)
Assets, Change In Net Unrealized Gain/(Loss) (149) 1,056 (255) 701
Assets, Purchases (24) 3 12 25
Assets, Sales (359) (856) (485) (1,502)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 6,068 9,449 6,068 9,449
Financial Derivatives - Assets [Member] | Total Return Swaps [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 1,074 118 85 0
Assets, Accreted Discounts/Amortized Premiums 0 0 0 0
Assets, Realized Gain (Loss) 3,412 285 (103) 285
Assets, Change In Net Unrealized Gain/(Loss) (250) 130 739 248
Assets, Purchases (3,146) 21 423 21
Assets, Sales (266) (307) (320) (307)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 824 247 824 247
Financial Derivatives - Assets [Member] | Warrant [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 100 100 150 100
Assets, Accreted Discounts/Amortized Premiums 0 0 0 0
Assets, Realized Gain (Loss) 0 0 (50) 0
Assets, Change In Net Unrealized Gain/(Loss) 0 0 0 0
Assets, Purchases 0 0 0 0
Assets, Sales 0 0 0 0
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 100 100 100 100
Financial Derivatives - Liabilities [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Liabilities, Begining Balance (895) (546) (4,883) (239)
Liabilities, Accreted Discounts/Amortized Premiums 0 0 0 0
Liabilities, Realized Gain/(Loss) (2,178) 330 (4,444) 311
Liabilities, Change In Net Unrealized Gain/(Loss) (318) (1,637) 3,670 (1,944)
Liabilities, Purchases 2,348 (353) 4,686 (353)
Liabilities, Sales (207) 23 (279) 42
Liabilities, Transfers into Level 3 0 0 0 0
Liabilities, Transfers out of Level 3 0 0 0 0
Liabilities, Ending Balance (1,250) (2,183) (1,250) (2,183)
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 (220) (239) (221) (239)
Liabilities, Accreted Discounts/Amortized Premiums 0 0 0 0
Liabilities, Realized Gain/(Loss) (63) (23) (79) (42)
Liabilities, Change In Net Unrealized Gain/(Loss) 24 (41) 24 (41)
Liabilities, Purchases 0 0 0 0
Liabilities, Sales 25 23 42 42
Liabilities, Transfers into Level 3 0 0 0 0
Liabilities, Transfers out of Level 3 0 0 0 0
Liabilities, Ending Balance (234) (280) (234) (280)
Financial Derivatives - Liabilities [Member] | Total Return Swaps [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Liabilities, Begining Balance (675) (307) (4,662) 0
Liabilities, Accreted Discounts/Amortized Premiums 0 0 0 0
Liabilities, Realized Gain/(Loss) (2,115) 353 (4,365) 353
Liabilities, Change In Net Unrealized Gain/(Loss) (342) (1,596) 3,646 (1,903)
Liabilities, Purchases 2,348 (353) 4,686 (353)
Liabilities, Sales (232) 0 (321) 0
Liabilities, Transfers into Level 3 0 0 0 0
Liabilities, Transfers out of Level 3 0 0 0 0
Liabilities, Ending Balance (1,016) $ (1,903) (1,016) $ (1,903)
Securities Sold Short - Securities Sold, Not Yet Purchased [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Liabilities, Begining Balance (3,029)   (448)  
Liabilities, Accreted Discounts/Amortized Premiums (9)   (8)  
Liabilities, Realized Gain/(Loss) 171   531  
Liabilities, Change In Net Unrealized Gain/(Loss) (309)   (558)  
Liabilities, Purchases 10,368   11,255  
Liabilities, Sales (17,139)   (20,719)  
Liabilities, Transfers into Level 3 0   0  
Liabilities, Transfers out of Level 3 0   0  
Liabilities, Ending Balance (9,947)   (9,947)  
Securities Sold Short - Securities Sold, Not Yet Purchased [Member] | Corporate Debt Sold Short [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Liabilities, Begining Balance (3,029)   (448)  
Liabilities, Accreted Discounts/Amortized Premiums (9)   (8)  
Liabilities, Realized Gain/(Loss) 171   531  
Liabilities, Change In Net Unrealized Gain/(Loss) (309)   (558)  
Liabilities, Purchases 10,368   11,255  
Liabilities, Sales (17,139)   (20,719)  
Liabilities, Transfers into Level 3 0   0  
Liabilities, Transfers out of Level 3 0   0  
Liabilities, Ending Balance $ (9,947)   $ (9,947)