Annual report pursuant to Section 13 and 15(d)

Schedule of Segment Reporting (Details)

v2.4.0.6
Schedule of Segment Reporting (Details) (USD $)
In Thousands, unless otherwise specified
 1 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Mar. 31, 2010
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Jun. 30, 2011
Restated
Dec. 31, 2011
Restated
Dec. 31, 2012
CDOs
Dec. 31, 2010
CDOs
Dec. 31, 2011
CDOs
Dec. 31, 2011
CDOs
Restated
Dec. 31, 2012
Unlevered CDOs Segment
Dec. 31, 2010
Unlevered CDOs Segment
Dec. 31, 2011
Unlevered CDOs Segment
Dec. 31, 2011
Unlevered CDOs Segment
Restated
Dec. 31, 2012
Unlevered Excess MSRs Segment
Dec. 31, 2010
Unlevered Excess MSRs Segment
Dec. 31, 2011
Unlevered Excess MSRs Segment
Dec. 31, 2011
Unlevered Excess MSRs Segment
Restated
Dec. 31, 2012
Senior Living
Dec. 31, 2010
Senior Living
Dec. 31, 2011
Senior Living
Dec. 31, 2011
Senior Living
Restated
Dec. 31, 2012
Non-recourse Other Segment
Dec. 31, 2010
Non-recourse Other Segment
Dec. 31, 2011
Non-recourse Other Segment
Dec. 31, 2011
Non-recourse Other Segment
Restated
Dec. 31, 2012
Recourse Segment
Dec. 31, 2010
Recourse Segment
Dec. 31, 2011
Recourse Segment
Dec. 31, 2011
Recourse Segment
Restated
Dec. 31, 2012
Unlevered Other Segment
Dec. 31, 2010
Unlevered Other Segment
Dec. 31, 2011
Unlevered Other Segment
Dec. 31, 2011
Unlevered Other Segment
Restated
Dec. 31, 2012
Corporate Segment
Dec. 31, 2010
Corporate Segment
Dec. 31, 2011
Corporate Segment
Dec. 31, 2011
Corporate Segment
Restated
Dec. 31, 2012
Intersegment Elimination Segment
Dec. 31, 2010
Intersegment Elimination Segment
Dec. 31, 2011
Intersegment Elimination Segment
Dec. 31, 2011
Intersegment Elimination Segment
Restated
Interest income   $ 70,272 $ 82,850 $ 82,438 $ 74,899 $ 73,557 $ 72,393 $ 72,203 $ 310,459   $ 300,272 $ 74,143 $ 292,296 $ 196,517 $ 226,717   $ 218,131 $ 490      $ 344 $ 27,508      $ 1,260            $ 72,343 $ 72,773   $ 73,364 $ 8,984 $ 976   $ 2,234 $ 10,491 $ 1,653   $ 2,636 $ 170 $ 68   $ 167 $ (6,044) $ (1,915)   $ (5,840)
Interest expense   21,886 28,411 29,462 30,165 31,533 32,587 38,165 109,924   172,219 35,750 138,035 56,607 108,437   86,110                       1,688         51,278 60,705   53,252 2,582 656   693    356   5 3,813 3,980   3,815 (6,044) (1,915)   (5,840)
Net interest income   48,386 54,439 52,976 44,734 42,024 39,806 34,038 200,535   128,053 38,393 154,261 139,910 118,280   132,021 490      344 27,508      1,260 (1,688)         21,065 12,068   20,112 6,402 320   1,541 10,491 1,297   2,631 (3,643) (3,912)   (3,648)           
Impairment (reversal)                 (5,664)   (240,858)   1,110 (7,381) (173,223)   (3,876)    16                            4,119 (38,561)   8,469    (60)      (2,402) (29,030)   (3,483)                      
Other revenue   10,980 8,071 515 509 488 469 477 20,075   1,708 465 1,899                                  18,026         2,049 1,708   1,899                                            
Other income (loss)   15,542 235,782 (1,359) 29,752 12,630 18,802 45,469 279,717   282,287 103,961 180,862 259,688 289,158   171,963 337 475   3,739 17,423      367 (82)         930 (5,491)   2,561    (663)      1,421 (1,269)   2,232    77                
Property operating expenses   7,443 5,043 232 225 306 322 249 12,943   1,283 233 1,110                                  11,539         1,404 1,283   1,110                                           
Depreciation and amortization   4,586 2,385 2 2 1 3 4 6,975   79 4 12                                  5,784         1,191 79   12                                           
Other operating expenses   17,977 12,612 12,946 8,360 8,821 7,181 6,851 51,895   29,539 7,407 30,260 915 1,483   1,058 1         5,695      1,055 6,846         3,314 3,160   3,603    4      45 (197)   19 35,079 25,089   24,525           
Income (loss) from continuing operations   56,999 273,238 30,453 73,488 20,714 29,921 109,653 434,178   622,005 144,242 304,530 406,064 579,178   306,802 826 459   4,083 39,236      572 (7,913)         14,016 42,324   11,378 6,402 (287)   1,541 14,269 29,255   8,327 (38,722) (28,924)   (28,173)           
Income (loss) from discontinued operations   (20) (17) (14) (17) (18) 22 20 (68)   (343) (35) (11)                                                (536)   46            (68) 193   (57)                      
Net Income (Loss)                 434,110 304,519 621,662   304,519 406,064 579,178   306,802 826 459   4,083 39,236      572 (7,913)         14,016 41,788   11,424 6,402 (287)   1,541 14,201 29,448   8,270 (38,722) (28,924)   (28,173)           
Preferred dividends   (1,395) (1,395) (1,395) (1,395) (1,395) (1,395) (1,395) (5,580)   (7,453) (1,395) (5,580)                                                                              (5,580) (7,453)   (5,580)           
Excess of carrying amount of exchanged preferred stock over fair value of consideration paid 43,043                    43,043                                                                       43,043             
Income (Loss) Applicable to Common Stockholders   55,584 271,826 29,044 72,076 19,301 28,548 108,278 428,530   657,252 142,812 298,939 406,064 579,178   306,802 826 459   4,083 39,236      572 (7,913)         14,016 41,788   11,424 6,402 (287)   1,541 14,201 29,448   8,270 (44,302) 6,666   (33,753)           
Investments   3,693,955       3,360,589     3,693,955 3,360,589       1,411,731   2,408,252   5,998   3,940   245,036   43,971   181,887        755,421   783,777   1,049,029   244,916   107,189   18,751             (62,336)   (143,018)  
Cash and restricted cash   233,962       262,396     233,962 262,396       2,064   105,040                       9,720                                 9   222,178   157,347            
Derivative Assets   165       1,954     165 1,954            1,954                       165                                                         
Other assets   17,230       26,860     17,230 26,860       7,422   23,203   7   8   33        4,946        113   116   2,740   593   1,924   2,085   202   1,208   (157)   (353)  
Total assets   3,945,312       3,651,799     3,945,312 3,651,799       1,421,217   2,538,449   6,005   3,948   245,069   43,971   196,718        755,534   783,893   1,051,769   245,509   109,113   20,845   222,380   158,555   (62,493)   (143,371)  
Debt   (2,781,761)       (3,299,693)     (2,781,761) (3,299,693)       (1,095,598)   (2,410,151)                       (120,525)        (651,540)   (748,118)   (925,191)   (233,194)             (51,243)   (51,248)   62,336   143,018  
Derivative Liabilities   (31,576)       (119,320)     (31,576) (119,320)       (31,576)   (119,320)                                                                                  
Other liabilities   (58,915)       (40,697)     (58,915) (40,697)       (5,681)   (12,705)             (406)   (4,186)   (5,084)        (2,684)   (3,407)   (171)   (23)   (77)   (49)   (44,969)   (20,680)   157   353  
Total liabilities   (2,872,252)       (3,459,710)     (2,872,252) (3,459,710)       (1,132,855)   (2,542,176)             (406)   (4,186)   (125,609)        (654,224)   (751,525)   (925,362)   (233,217)   (77)   (49)   (96,212)   (71,928)   62,493   143,371  
Preferred Stock   (61,583)       (61,583)     (61,583) (61,583)                                                                             (61,583)   (61,583)            
GAAP book value   $ 1,011,477       $ 130,506     $ 1,011,477 $ 130,506       $ 288,362   $ (3,727)   $ 6,005   $ 3,948   $ 244,663   $ 39,785   $ 71,109        $ 101,310   $ 32,368   $ 126,407   $ 12,292   $ 109,036   $ 20,796   $ 64,585   $ 25,044