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Financial Instruments - Fair Values Measured on Recurring Basis (Detail) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Mortgage-backed securities, at fair value $ 18,247,789 [1] $ 17,348,657 [1]
Investments in unconsolidated ventures, at fair value 44,030 44,403
Derivative assets, at fair value 70,190 262,059
Total, Assets 18,362,009 17,655,119
Derivatives, Liabilities 268,600 263,204
Total 268,600 263,204
Level 1
   
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Derivative assets, at fair value 596 2,591
Total, Assets 596 2,591
Derivatives, Liabilities 347  
Total 347  
Level 2
   
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Mortgage-backed securities, at fair value 18,247,789 [1] 17,348,657 [1]
Derivative assets, at fair value 69,047 258,814
Total, Assets 18,316,836 17,607,471
Derivatives, Liabilities 268,253 263,204
Total 268,253 263,204
Level 3
   
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Investments in unconsolidated ventures, at fair value 44,030 44,403
Derivative assets, at fair value 547 654
Total, Assets $ 44,577 $ 45,057
[1] For more detail about the fair value of the Company's MBS, refer to Note 4 - Mortgage-Backed Securities in these consolidated financial statements.