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VARIABLE INTEREST ENTITIES BORROWINGS (Schedule of Debt) (Details) RSO (RSO [Member], USD $)
In Thousands, unless otherwise specified
9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Sep. 30, 2014
CRE Repurchase Facilities [Member]
Dec. 31, 2013
CRE Repurchase Facilities [Member]
Sep. 30, 2014
RREF CDO 2006-1 Senior Notes [Member]
Dec. 31, 2013
RREF CDO 2006-1 Senior Notes [Member]
Sep. 30, 2014
RREF CDO 2007-1 Senior Notes [Member]
Dec. 31, 2013
RREF CDO 2007-1 Senior Notes [Member]
Sep. 30, 2014
RCC CRE Notes 2013 [Member]
Dec. 31, 2013
RCC CRE Notes 2013 [Member]
Sep. 30, 2014
RCC CRE Notes 2014 [Member]
Sep. 30, 2014
Apidos CDO I Senior Notes [Member]
Dec. 31, 2013
Apidos CDO I Senior Notes [Member]
Sep. 30, 2014
Apidos CDO III Senior Notes [Member]
Dec. 31, 2013
Apidos CDO III Senior Notes [Member]
Sep. 30, 2014
Apidos Cinco CDO Senior Notes [Member]
Dec. 31, 2013
Apidos Cinco CDO Senior Notes [Member]
Dec. 31, 2013
Whitney CLO I Securitized Borrowings [Member]
Sep. 30, 2014
Moselle CLO SA Senior Notes [Member]
Sep. 30, 2014
Moselle CLO SA Securitized Borrowings [Member]
Sep. 30, 2014
Unsecured Junior Subordinated Debentures [Member]
Dec. 31, 2013
Unsecured Junior Subordinated Debentures [Member]
Sep. 30, 2014
Convertible Senior Notes [Member]
Dec. 31, 2013
Convertible Senior Notes [Member]
Sep. 30, 2014
Repurchase Agreements Debt [Member]
Dec. 31, 2013
Repurchase Agreements Debt [Member]
Sep. 30, 2014
CMBS - Term Repurchase Facilities [Member]
Dec. 31, 2013
CMBS - Term Repurchase Facilities [Member]
Sep. 30, 2014
RMBS - Term Repurchase Facility [Member]
Sep. 30, 2014
Residential Mortgage [Member]
Dec. 31, 2013
Residential Mortgage [Member]
Sep. 30, 2014
CMBS - Short-Term Repurchase Agreements [Member]
Sep. 30, 2014
Revolving Credit Facility [Member]
Sep. 30, 2014
Long-term Debt [Member]
Sep. 30, 2014
JPMorgan Chase [Member]
Revolving Credit Facility [Member]
Line of Credit [Member]
Oct. 01, 2014
Subsequent Event [Member]
JPMorgan Chase [Member]
Revolving Credit Facility [Member]
Sep. 30, 2014
Repurchase Agreements [Member]
Wells Fargo Bank, National Association [Member]
Dec. 31, 2013
Repurchase Agreements [Member]
Wells Fargo Bank, National Association [Member]
Sep. 30, 2014
Repurchase Agreements [Member]
RMBS - Term Repurchase Facility [Member]
Wells Fargo Bank, National Association [Member]
Dec. 31, 2013
Repurchase Agreements [Member]
RMBS - Term Repurchase Facility [Member]
Wells Fargo Bank, National Association [Member]
Debt Instrument [Line Items]                                                                                
Outstanding Borrowings $ 1,590,958 $ 1,319,810     $ 105,841 $ 94,004 $ 137,004 $ 177,837 $ 223,897 $ 256,571 $ 231,365 $ 47,848 $ 87,131 $ 83,621 $ 133,209 $ 284,160 $ 321,147 $ 440 $ 94,904 $ 5,212 $ 51,154 $ 51,005 $ 107,979 $ 106,535 $ 55,280 $ 29,703 $ 21,559 $ 47,601 $ 22,705 $ 48,885 $ 14,627 $ 36,633 $ 32,911   $ 25,000          
Unamortized Issuance Costs and Discounts 18,236 16,216     1 205 242 719 2,943 4,269 3,979 0 0 0 117 358 853 0 0 0 394 543 7,021 8,465 654 1,033 0 12 55 0 0 0 2,589           55  
Principal Outstanding 1,609,194 1,336,026     105,842 94,209 137,246 178,556 226,840 260,840 235,344 47,848 87,131 83,621 133,326 284,518 322,000 440 94,904 5,212 51,548 51,548 115,000 115,000 55,934 30,736 21,559 47,613 22,760 48,885 14,627 36,633 35,500              
Weighted Average Borrowing Rate 1.98% 1.87%     1.93% 1.87% 1.06% 0.84% 2.10% 2.03% 1.44% 2.54% 1.68% 1.11% 0.88% 0.74% 0.74% 0.00% 1.19% 1.19% 0.04% 4.19% 6.00% 6.00% 2.32% 2.67% 1.43% 1.38% 1.15% 3.56% 4.24% 1.53% 4.13%              
Weighted Average Remaining Maturity 12 years 2 months 13 years 1 month     31 years 11 months 32 years 7 months 32 years 0 months 32 years 9 months 14 years 2 months 15 years 0 months 17 years 7 months 2 years 9 months 3 years 7 months 6 years 0 months 6 years 8 months 5 years 7 months 6 years 5 months   5 years 4 months   22 years 1 month 22 years 10 months 4 years 2 months 4 years 11 months 20 days 21 days 23 days 21 days 1 day 278 days 56 days 23 days 3 years 0 months              
Value of Collateral 2,057,171 1,508,603     139,267 169,115 273,839 318,933 269,371 305,586 347,511 63,956 103,736 94,516 145,930 303,385 342,796 885 127,312 0 0 0 0 0 83,133 48,186 26,540 56,949 28,533 68,417 16,487 47,224 184,167              
Interest Payable 3,875 1,693 43 26                                             23 22 21                      
Long-term Debt, Weighted Average Interest Rate                     1.44%                                                 2.66% 3.75% 0.00% 1.15% 0.00%
CDO notes                                                                   $ 95,000