Quarterly report pursuant to Section 13 or 15(d)

REAL ESTATE RELATED LOANS, RESIDENTIAL MORTGAGE LOANS AND SUBPRIME MORTGAGE LOANS - Activity in Carrying Value (Details 3)

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REAL ESTATE RELATED LOANS, RESIDENTIAL MORTGAGE LOANS AND SUBPRIME MORTGAGE LOANS - Activity in Carrying Value (Details 3) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Valuation (allowance) reversal on loans $ 709 $ 3,223 $ (1,525) $ 12,254
Real Estate Related and Other Loans Held For Sale
       
Carrying Value     843,132  
Purchases / additional fundings     139,096  
Interest accrued to principal balance     12,673  
Principal paydowns     (153,263)  
Sales     (9,318)  
Spin-off of New Residential         
Valuation (allowance) reversal on loans     (2,262)  
Loss on repayment of loans held-for-sale         
Accretion of loan discount and other amortization     6,689  
Other     680  
Carrying Value 837,427   837,427  
Residential Mortgage Loans Held For Sale
       
Carrying Value     2,471  
Purchases / additional fundings         
Interest accrued to principal balance         
Principal paydowns     (180)  
Sales         
Spin-off of New Residential         
Valuation (allowance) reversal on loans     (12)  
Loss on repayment of loans held-for-sale         
Accretion of loan discount and other amortization         
Other     (13)  
Carrying Value 2,266   2,266  
Residential Mortgage Loans Held For Investment
       
Carrying Value     292,461  
Purchases / additional fundings         
Interest accrued to principal balance         
Principal paydowns     (22,125)  
Sales         
Spin-off of New Residential         
Valuation (allowance) reversal on loans     749 [1]  
Loss on repayment of loans held-for-sale         
Accretion of loan discount and other amortization     2,201  
Other     46  
Carrying Value 273,332   273,332  
Reverse Mortgage Loans Held for Investment
       
Carrying Value         
Purchases / additional fundings     35,138  
Interest accrued to principal balance         
Principal paydowns         
Sales         
Spin-off of New Residential     (35,865)  
Valuation (allowance) reversal on loans         
Loss on repayment of loans held-for-sale         
Accretion of loan discount and other amortization     727  
Carrying Value          
[1] (A) The allowance for credit losses was determined based on the guidance for loans acquired with deteriorated credit quality.