Real Estate Held-for-Investment and Real Estate Held-for-Sale (Tables)

3 Months Ended

Mar. 31, 2014

Real Estate Held-for-Investment and Real Estate Held-for-Sale [Abstract]

Real estate held-for-sale

		As of March 31,	As of December 31,
		2014	2013
Land	$	21,101	18,268
Rental properties		6,123	6,168
Residential single-family		5,023	6,447
Other		1,197	3,088
Total held-for-sale	$	33,444	33,971

Real estate held-for-investment

		As of March 31,	As of December 31,
		2014	2013
Land	$	76,278	79,656
Rental properties		31,363	26,891
Other		789	789
Total held-for-investment	$	108,430	107,336

Real estate activity

		For the Three Months Ended March 31, 2014
		Real Estate
		Held-for-Sale	Held-for-Investment
As of December 31, 2013	$	33,971	107,336
Acquired through foreclosure		849	11,562
Transfers		3,571	(3,571)
Purchases		-	-
Improvements		-	192
Accumulated depreciation		-	(103)
Sales		(4,810)	(4,800)
Impairments		(137)	(2,186)
As of March 31, 2014	$	33,444	108,430

		For the Three Months Ended March 31, 2013
		Real Estate
		Held-for-Sale	Held-for-Investment
As of December 31, 2012	$	45,637	37,413
Acquired through foreclosure		6,128	1,890
Improvements		-	-
Sales		(11,724)	(465)
Impairments		(1,153)	(57)
As of March 31, 2013	$	38,888	38,781