Quarterly report pursuant to Section 13 or 15(d)

Schedule of Fair Value Measured on a Recurring Basis (Details)

v2.4.0.6
Schedule of Fair Value Measured on a Recurring Basis (Details) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Carrying (Reported) Amount, Fair Value Disclosure
  
Real estate securities, available-for-sale:  
CMBS $ 1,163,222
REIT debt 123,097
ABS - subprime 252,740
ABS - other real estate 30,981
FNMA/FHLMC 403,392
CDO 64,968
Real estate securities total 2,038,400
Investments in excess mortgage servicing rights at fair value*(H) 265,132
Derivative assets:  
Interest rate caps, treated as hedges 504
Interest rate caps, not treated as hedges 462
Derivative assets total 966
Derivative Liabilities:  
Interest rate swaps, treated as hedges 70,226
Interest rate swaps, not treated as hedges 31,583
Derivatives liabilities total 101,809
Balance Principal Amount
  
Real estate securities, available-for-sale:  
CMBS 1,470,012
REIT debt 120,288
ABS - subprime 421,669
ABS - other real estate 38,843
FNMA/FHLMC 377,220
CDO 206,124
Real estate securities total 2,634,156
Investments in excess mortgage servicing rights at fair value*(H) 81,958,128
Derivative assets:  
Interest rate caps, treated as hedges 122,665
Interest rate caps, not treated as hedges 42,428
Derivative assets total 165,093
Derivative Liabilities:  
Interest rate swaps, treated as hedges 766,859
Interest rate swaps, not treated as hedges 339,990
Derivatives liabilities total 1,106,849
Fair Value, Inputs, Level 2
  
Real estate securities, available-for-sale:  
CMBS 0
REIT debt 123,097
ABS - subprime 0
ABS - other real estate 0
FNMA/FHLMC 403,392
CDO 0
Real estate securities total 526,489
Investments in excess mortgage servicing rights at fair value*(H) 0
Derivative assets:  
Interest rate caps, treated as hedges 504
Interest rate caps, not treated as hedges 462
Derivative assets total 966
Derivative Liabilities:  
Interest rate swaps, treated as hedges 70,226
Interest rate swaps, not treated as hedges 31,583
Derivatives liabilities total 101,809
Fair Value, Inputs, Level 3A
  
Real estate securities, available-for-sale:  
CMBS 929,807
REIT debt 0
ABS - subprime 183,947
ABS - other real estate 29,875
FNMA/FHLMC 0
CDO 61,011
Real estate securities total 1,204,640
Investments in excess mortgage servicing rights at fair value*(H) 0
Derivative assets:  
Interest rate caps, treated as hedges 0
Interest rate caps, not treated as hedges 0
Derivative assets total 0
Derivative Liabilities:  
Interest rate swaps, treated as hedges 0
Interest rate swaps, not treated as hedges 0
Derivatives liabilities total 0
Fair Value, Inputs, Level 3B
  
Real estate securities, available-for-sale:  
CMBS 233,415
REIT debt 0
ABS - subprime 68,793
ABS - other real estate 1,106
FNMA/FHLMC 0
CDO 3,957
Real estate securities total 307,271
Investments in excess mortgage servicing rights at fair value*(H) 265,132
Derivative assets:  
Interest rate caps, treated as hedges 0
Interest rate caps, not treated as hedges 0
Derivative assets total 0
Derivative Liabilities:  
Interest rate swaps, treated as hedges 0
Interest rate swaps, not treated as hedges 0
Derivatives liabilities total 0
Estimate of Fair Value, Fair Value Disclosure [Member]
  
Real estate securities, available-for-sale:  
CMBS 1,163,222
REIT debt 123,097
ABS - subprime 252,740
ABS - other real estate 30,981
FNMA/FHLMC 403,392
CDO 64,968
Real estate securities total 2,038,400
Investments in excess mortgage servicing rights at fair value*(H) 265,132
Derivative assets:  
Interest rate caps, treated as hedges 504
Interest rate caps, not treated as hedges 462
Derivative assets total 966
Derivative Liabilities:  
Interest rate swaps, treated as hedges 70,226
Interest rate swaps, not treated as hedges 31,583
Derivatives liabilities total $ 101,809