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REAL ESTATE RELATED LOANS, RESIDENTIAL MORTGAGE LOANS, SUBPRIME MORTGAGE LOANS (Details Narrative) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 12 Months Ended | 12 Months Ended | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Dec. 31, 2013
|
Sep. 30, 2013
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Jun. 30, 2013
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Mar. 31, 2013
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Dec. 31, 2012
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Sep. 30, 2012
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Jun. 30, 2012
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Mar. 31, 2012
|
Dec. 31, 2013
|
Dec. 31, 2012
|
Dec. 31, 2013
Total Residential Mortgage Loans Held For Sale
|
Dec. 31, 2013
Total Residential Mortgage Loans Held For Investment
|
Dec. 31, 2013
Individual Bank Loan
|
Dec. 31, 2013
Others
|
Dec. 31, 2013
Total Real Estate Related and Other Loans Held for Sale
|
Dec. 31, 2012
Total Real Estate Related and Other Loans Held for Sale
|
Dec. 31, 2011
Total Real Estate Related and Other Loans Held for Sale
|
Dec. 31, 2013
Total Residential Mortgage Loans
|
Dec. 31, 2012
Total Residential Mortgage Loans
|
Dec. 31, 2011
Total Residential Mortgage Loans
|
Dec. 31, 2013
Subprime Portfolio I
M
|
Dec. 31, 2013
Subprime Portfolio II
M
|
|
| Federal Income Tax basis | $ 748,500 | $ 748,500 | ||||||||||||||||||||
| Interest Receivable | 4,667 | 8,959 | 4,667 | 8,959 | 100 | 4,300 | ||||||||||||||||
| Face Amount of Real Estate Related Loans on Non-Accrual Status | 76,500 | 137,700 | 76,500 | 137,700 | ||||||||||||||||||
| Large loan reporting, percentage threshold | 3.00% | 3.00% | ||||||||||||||||||||
| Large loan reporting, dollar threshold | 13,100 | 13,100 | ||||||||||||||||||||
| Cash received subsequent to period end | 83,300 | |||||||||||||||||||||
| Face value subsequent to period end | 99,400 | |||||||||||||||||||||
| Large Loans reporting in the other category - Bank Loans Face Amount | 71,000 | |||||||||||||||||||||
| Large Loans reporting in the other category - Mezzanine Loans Face Amount | 44,000 | |||||||||||||||||||||
| Large Loans reporting in the other category - B-Notes Face Amount | 13,000 | |||||||||||||||||||||
| Large Loans reporting in the other category - Whole Loans Face Amount | 600 | |||||||||||||||||||||
| Average Carrying Value | 761,700 | 843,400 | 795,300 | 282,700 | 312,500 | 354,900 | ||||||||||||||||
| Interest income | 42,073 | 47,486 | 62,824 | 61,332 | 59,186 | 72,947 | 77,956 | 72,862 | 213,715 | 282,951 | 81,500 | 81,500 | 65,700 | 27,300 | 31,600 | 34,100 | ||||||
| Annual servicing fee, as a precentage of unpaid principal balances | 50.00% | 50.00% | ||||||||||||||||||||
| Weighted average coupon rate | 9.24% | 8.68% | ||||||||||||||||||||
| Average loan seasoning | 101 | 83 | ||||||||||||||||||||
| Weighted Average Yield of Retained Bonds | 24.53% | 24.53% | ||||||||||||||||||||
| Retained Notes excluded from face amount of debt in Subprime Portfolio I | $ 4,000 | $ 4,000 | ||||||||||||||||||||