Annual report pursuant to Section 13 and 15(d)

Schedule of Change in Fair Value of Level 3 Investments (Details)

v2.4.0.6
Schedule of Change in Fair Value of Level 3 Investments (Details) (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Transfers In     
Transfers Out     
Proceeds from sales     
Level3A | CMBS Conduit
    
Balance, Beginning 816,283 840,227
Transfers In 6,056 41,158
Transfers Out (28,467) (88,464)
CDO V Deconsolidation   (59,970)
CDO X Deconsolidation (634,036)  
Included in net income (C) 1,190 42,597
Included in other comprehensive income (loss) 32,373 (106,500)
Amortization included in interest income 24,845 23,878
Purchases 71,968 313,857
Proceeds from sales (24,551) (139,387)
Proceeds from repayments (40,086) (51,113)
Balance, Ending 225,575 816,283
Level3A | CMBS Other
    
Balance, Beginning 132,435 331,904
Transfers In 21,823 25,000
Transfers Out (14,105) (24,826)
CDO V Deconsolidation   (55,838)
CDO X Deconsolidation (40,172)  
Included in net income (C)    579
Included in other comprehensive income (loss) 11,490 38,583
Amortization included in interest income 1,410 5,883
Purchases    27,262
Proceeds from sales    (54,885)
Proceeds from repayments (8,430) (161,227)
Balance, Ending 104,451 132,435
Level3A | ABS Subprime
    
Balance, Beginning 66,141 83,582
Transfers In 28,048 19,950
Transfers Out (11,057) (15,031)
CDO V Deconsolidation   (5,107)
CDO X Deconsolidation (70,607)  
Included in net income (C) (8) (23)
Included in other comprehensive income (loss) 26,159 (9,158)
Amortization included in interest income 10,805 5,210
Purchases 315,475 29,359
Proceeds from sales    (6,573)
Proceeds from repayments (34,935) (36,068)
Balance, Ending 330,021 66,141
Level3A | ABS Other
    
Balance, Beginning 31,188 36,193
Transfers In    718
Transfers Out (5) (7,548)
CDO V Deconsolidation     
CDO X Deconsolidation (25,883)  
Included in net income (C)    (113)
Included in other comprehensive income (loss) (629) (716)
Amortization included in interest income (11) 338
Purchases    7,548
Proceeds from sales      
Proceeds from repayments (3,862) (5,232)
Balance, Ending 798 31,188
Level3A | Equity/Other Securities
    
Balance, Beginning 52,047   
Transfers In   2,641
Transfers Out    (2,475)
CDO V Deconsolidation     
CDO X Deconsolidation     
Included in net income (C)      
Included in other comprehensive income (loss) 12,823 (11,461)
Amortization included in interest income 5,211 3,376
Purchases    69,308
Proceeds from sales      
Proceeds from repayments (5,054) (9,342)
Balance, Ending 65,027 52,047
Level3A | Total Investments
    
Balance, Beginning 1,098,094 1,291,906
Transfers In 55,927 89,467
Transfers Out (53,634) (138,344)
CDO V Deconsolidation   (120,915)
CDO X Deconsolidation (770,698)  
Included in net income (C) 1,182 43,040
Included in other comprehensive income (loss) 82,216 (89,252)
Amortization included in interest income 42,260 38,685
Purchases 387,443 447,334
Proceeds from sales (24,551) (200,845)
Proceeds from repayments (92,367) (262,982)
Balance, Ending 725,872 1,098,094
Level3B | CMBS Conduit
    
Balance, Beginning 140,622 107,457
Transfers In 28,467 88,464
Transfers Out (6,056) (41,158)
CDO V Deconsolidation   (32,289)
CDO X Deconsolidation (133,624)  
Included in net income (C) (6,137) 7,972
Included in other comprehensive income (loss) (9,836) 32,374
Amortization included in interest income 8,693 17,055
Purchases 44,119 13,634
Proceeds from sales (18,708) (27,400)
Proceeds from repayments (18,346) (25,487)
Balance, Ending 29,194 140,622
Level3B | CMBS Other
    
Balance, Beginning 39,478 21,146
Transfers In 14,105 24,826
Transfers Out (21,823) (25,000)
CDO V Deconsolidation   (1,908)
CDO X Deconsolidation     
Included in net income (C) (396) 722
Included in other comprehensive income (loss) 1,025 1,743
Amortization included in interest income 367 163
Purchases    25,000
Proceeds from sales    (721)
Proceeds from repayments (15,585) (6,493)
Balance, Ending 17,171 39,478
Level3B | ABS Subprime
    
Balance, Beginning 62,481 94,424
Transfers In 11,057 15,031
Transfers Out (28,048) (19,950)
CDO V Deconsolidation   (14,568)
CDO X Deconsolidation (16,097)  
Included in net income (C) 836 (1,332)
Included in other comprehensive income (loss) 2,414 3,766
Amortization included in interest income 6,886 8,796
Purchases    25
Proceeds from sales (3,295) (8,624)
Proceeds from repayments (10,280) (15,087)
Balance, Ending 25,954 62,481
Level3B | ABS Other
    
Balance, Beginning 6,919 8,985
Transfers In 5 7,548
Transfers Out    (718)
CDO V Deconsolidation   (3,833)
CDO X Deconsolidation (291)  
Included in net income (C) (4,092) (287)
Included in other comprehensive income (loss) 2,368 (3,200)
Amortization included in interest income 299 911
Purchases      
Proceeds from sales (3,743) (348)
Proceeds from repayments (788) (2,139)
Balance, Ending 677 6,919
Level3B | Equity/Other Securities
    
Balance, Beginning 3,939 4,282
Transfers In   2,475
Transfers Out    (2,641)
CDO V Deconsolidation     
CDO X Deconsolidation     
Included in net income (C)    2,273
Included in other comprehensive income (loss) 2,302 (3,346)
Amortization included in interest income 446 617
Purchases    10,192
Proceeds from sales    (3,884)
Proceeds from repayments (689) (6,029)
Balance, Ending 5,998 3,939
Level3B | Total Investments
    
Balance, Beginning 253,439 236,294
Transfers In 53,634 138,344
Transfers Out (55,927) (89,467)
CDO V Deconsolidation   (52,598)
CDO X Deconsolidation (150,012)  
Included in net income (C) (9,789) 9,348
Included in other comprehensive income (loss) (1,727) 31,337
Amortization included in interest income 16,691 27,542
Purchases 44,119 48,851
Proceeds from sales (25,746) (40,977)
Proceeds from repayments (45,688) (55,235)
Balance, Ending $ 78,994 $ 253,439