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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2013
Summary of Significant Accounting Policies [Abstract]  
Tax Certificates, Allowance For Tax Certificate Losses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

2013

 

2012

 

2011

Balance, beginning of period

$

3,559 

 

7,488 

 

8,811 

Charge-offs

 

(4,078)

 

(2,917)

 

(5,019)

Recoveries

 

884 

 

282 

 

913 

Net charge-offs

 

(3,194)

 

(2,635)

 

(4,106)

Sale of BankAtlantic (1)

 

 -

 

(2,926)

 

 -

Provision (2)

 

145 

 

1,632 

 

2,783 

Balance, end of period

$

510 

 

3,559 

 

7,488 

(1)  Represents the portion of the allowance associated with $19.6 million of tax certificates acquired by BB&T upon the sale of BankAtlantic

(2)  Included in asset impairments in the Company’s Statement of Operations.