INVESTMENTS IN UNCONSOLIDATED AFFILIATES	12 Months Ended
INVESTMENTS IN UNCONSOLIDATED AFFILIATES	Dec. 31, 2013
INVESTMENTS IN UNCONSOLIDATED AFFILIATES [Abstract]
INVESTMENTS IN UNCONSOLIDATED AFFILIATES	NOTE 5 ¾ INVESTMENTS IN UNCONSOLIDATED AFFILIATES To facilitate the issuance of Unsecured borrowings, in 2006 and 2005 Capstead formed and capitalized three Delaware statutory trusts through the issuance to the Company of the trusts’ common securities totaling $3.1 million (see NOTE 8). In order to simplify the Company’s capital structure, on December 16, 2013 the trusts were dissolved after distributing the related junior subordinated notes (originally issued to the trusts by the Company) to the holders of the trusts’ common and preferred securities. Prior to dissolution, the Company’s equity in the earnings of the trusts consisted solely of the common trust securities’ pro rata share in interest accruing on junior subordinated notes issued to the trusts.

The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group.

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