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REAL ESTATE OWNED, NET (Tables)
9 Months Ended
Sep. 30, 2012
Real Estate [Abstract]  
Schedule of Changes in Real Estate Owned, Net of Valuation Adjustments
The following table presents the changes in real estate owned (REO), net of valuation adjustments, for the three and nine months ended September 30, 2012 and 2011 (in thousands):

 
Three Months Ended
September 30
 
Nine Months Ended
September 30
 
2012

 
2011

 
2012

 
2011

Balance, beginning of the period
$
25,816

 
$
71,205

 
$
42,965

 
$
100,872

Additions from loan foreclosures
3,111

 
18,881

 
11,598

 
45,715

Additions from capitalized costs
97

 
1,107

 
231

 
4,254

Dispositions of REO
(10,368
)
 
(19,440
)
 
(33,608
)
 
(70,771
)
Gain (loss) on sale of REO
2,955

 
(725
)
 
3,621

 
(1,204
)
Valuation adjustments in the period
(1,255
)
 
(4,569
)
 
(4,451
)
 
(12,407
)
Balance, end of the period
$
20,356

 
$
66,459

 
$
20,356

 
$
66,459

Schedule of Real Estate Owned by Type and Geographic Location by State
The following table shows REO by type and geographic location by state as of September 30, 2012 (in thousands):

 
Washington
 
Oregon
 
Idaho
 
Total
Commercial real estate
$
948

 
$

 
$
198

 
$
1,146

One- to four-family construction
90

 

 

 
90

Land development- commercial
2,219

 

 
195

 
2,414

Land development- residential
3,629

 
6,038

 
257

 
9,924

One- to four-family real estate
4,394

 
2,388

 

 
6,782

Balance, end of period
$
11,280

 
$
8,426

 
$
650

 
$
20,356