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 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Valuation (allowance) reversal on loans $ 12,998 $ (4,094) $ 11,473 $ 8,160
Real Estate Related and Other Loans Held For Sale
       
Carrying Value     843,132  
Purchases / additional fundings     171,987  
Interest accrued to principal balance     19,495  
Principal paydowns     (247,930)  
Sales     (9,318)  
Spin-off of New Residential         
Valuation (allowance) reversal on loans     10,529  
Loss on repayment of loans held-for-sale         
Accretion of loan discount and other amortization     6,689  
Other     713  
Carrying Value 795,297   795,297  
Residential Mortgage Loans Held For Sale
       
Carrying Value     2,471  
Purchases / additional fundings         
Interest accrued to principal balance         
Principal paydowns     (263)  
Sales         
Spin-off of New Residential         
Valuation (allowance) reversal on loans     42  
Loss on repayment of loans held-for-sale         
Accretion of loan discount and other amortization         
Other     (14)  
Carrying Value 2,236   2,236  
Residential Mortgage Loans Held For Investment
       
Carrying Value     292,461  
Purchases / additional fundings         
Interest accrued to principal balance         
Principal paydowns     (36,294)  
Sales         
Spin-off of New Residential         
Valuation (allowance) reversal on loans     902 [1]  
Loss on repayment of loans held-for-sale         
Accretion of loan discount and other amortization     3,156  
Other     238  
Carrying Value 260,463   260,463  
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  
Other         
Carrying Value          
[1] (A) The allowance for credit losses was determined based on the guidance for loans acquired with deteriorated credit quality.