Quarterly report pursuant to Section 13 or 15(d)

REAL ESTATE RELATED LOANS - Schedule of Excess Mortgage Servicing Rights (MSRs) (Details)

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REAL ESTATE RELATED LOANS - Schedule of Excess Mortgage Servicing Rights (MSRs) (Details) (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2012
Unpaid Principal Balance $ 81,958,128
Amortized Cost Basis 260,028
Carrying Value 265,132
Weighted Average Yield 17.60%
Weighted Average Maturity (Years) 5.5
Changes in Fair Value Recorded in Other Income (Loss) 4,739
Excess MSRs Pool 1
  
Unpaid Principal Balance 9,120,148
Amortized Cost Basis 32,465
Carrying Value 37,613
Weighted Average Yield 18.00%
Weighted Average Maturity (Years) 4.7
Changes in Fair Value Recorded in Other Income (Loss) 4,151
MSR Pool 1 Recapture Agreement
  
Unpaid Principal Balance 0
Amortized Cost Basis 6,111
Carrying Value 6,067
Weighted Average Yield 18.00%
Weighted Average Maturity (Years) 10.5
Changes in Fair Value Recorded in Other Income (Loss) 588
Excess MSRs Pool 2
  
Unpaid Principal Balance 9,942,371
Amortized Cost Basis 36,934
Carrying Value 36,934
Weighted Average Yield 17.30%
Weighted Average Maturity (Years) 4.7
Changes in Fair Value Recorded in Other Income (Loss) 0
MSR Pool 2 Recapture Agreement
  
Unpaid Principal Balance 0
Amortized Cost Basis 5,904
Carrying Value 5,904
Weighted Average Yield 17.30%
Weighted Average Maturity (Years) 11.9
Changes in Fair Value Recorded in Other Income (Loss) 0
Excess MSRs Pool 3
  
Unpaid Principal Balance 9,739,715
Amortized Cost Basis 31,421
Carrying Value 31,421
Weighted Average Yield 17.60%
Weighted Average Maturity (Years) 4.7
Changes in Fair Value Recorded in Other Income (Loss) 0
MSR Pool 3 Recapture Agreement
  
Unpaid Principal Balance 0
Amortized Cost Basis 5,221
Carrying Value 5,221
Weighted Average Yield 17.60%
Weighted Average Maturity (Years) 11.3
Changes in Fair Value Recorded in Other Income (Loss) 0
Excess MSRs Pool 4
  
Unpaid Principal Balance 6,210,442
Amortized Cost Basis 12,638
Carrying Value 12,638
Weighted Average Yield 17.90%
Weighted Average Maturity (Years) 4.6
Changes in Fair Value Recorded in Other Income (Loss) 0
MSR Pool 4 Recapture Agreement
  
Unpaid Principal Balance 0
Amortized Cost Basis 2,969
Carrying Value 2,969
Weighted Average Yield 17.90%
Weighted Average Maturity (Years) 11.1
Changes in Fair Value Recorded in Other Income (Loss) 0
Excess MSRs Pool 5
  
Unpaid Principal Balance 46,945,452
Amortized Cost Basis 117,844
Carrying Value 117,844
Weighted Average Yield 17.50%
Weighted Average Maturity (Years) 4.8
Changes in Fair Value Recorded in Other Income (Loss) 0
MSR Pool 5 Recapture Agreement
  
Unpaid Principal Balance 0
Amortized Cost Basis 8,521
Carrying Value 8,521
Weighted Average Yield 17.50%
Weighted Average Maturity (Years) 12.3
Changes in Fair Value Recorded in Other Income (Loss) $ 0