Quarterly report pursuant to Section 13 or 15(d)

GAINS (LOSSES) ON SETTLEMENT OF INVESTMENTS, NET AND OTHER INCOME (LOSS), NET (Tables)

v3.2.0.727
GAINS (LOSSES) ON SETTLEMENT OF INVESTMENTS, NET AND OTHER INCOME (LOSS), NET (Tables)
 6 Months Ended
Jun. 30, 2015
Gains Losses On Settlement Of Investments Net And Other Income Loss Net  
Schedule of gains (losses) on settlement of investments, net and other income (loss), net
These items are comprised of the following:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2015
 
2014
 
2015
 
2014
Gain (loss) on settlement of investments, net
 
 
 
 
 
 
 
Gain on settlement of real estate securities
$
28,854

 
$
15,698

 
$
34,740

 
$
18,032

Loss on settlement of real estate securities
(5,926
)
 
—

 
(5,926
)
 
—

Gain on repayment/disposition of loans held-for-sale
1,532

 
24,737

 
1,532

 
24,737

Gain (loss) recognized on termination of hedge
(612
)
 
—

 
(612
)
 
—

Gain (loss) on settlement of TBAs
2,928

 
—

 
(1,943
)
 
—

 
$
26,776

 
$
40,435

 
$
27,791

 
$
42,769

Other income (loss), net
 

 
 

 
 

 
 

Gain (loss) on non-hedge derivative instruments
$
1,322

 
$
3,855

 
$
293

 
$
16,603

Hedge ineffectiveness
—

 
259

 
—

 
259

Collateral management fee income, net
186

 
250

 
379

 
515

Equity in earnings of equity method investees
328

 
328

 
642

 
289

Gain (loss) on disposal of long-lived assets
—

 
(32
)
 
—

 
(34
)
Other income
272

 
22

 
280

 
524

 
$
2,108

 
$
4,682

 
$
1,594

 
$
18,156