Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE - Change in Fair Value of Level 3 Investments (Details 3)

v3.2.0.727
FAIR VALUE - Change in Fair Value of Level 3 Investments (Details 3) - Measured on a Recurring Basis [Member] - Level 3 Inputs - Unobservable [Member]
$ in Thousands
6 Months Ended
Jun. 30, 2015
USD ($)
Balance, beginning $ 231,754
Transfers  
Transfers into Level 3 367
Total gains (losses)  
Included in net income [1] 26,949
Included in other comprehensive income (loss) (27,283)
Amortization included in interest income 7,072
Purchases, sales and settlements  
Proceeds from sales (140,189)
Proceeds from repayments (33,171)
Balance, ending 65,499
CMBS [Member]  
Balance, beginning 178,763
Total gains (losses)  
Included in net income [1] 12,402
Included in other comprehensive income (loss) (16,646)
Amortization included in interest income 4,518
Purchases, sales and settlements  
Proceeds from sales (102,607)
Proceeds from repayments (31,022)
Balance, ending 45,408
Non-Agency RMBS [Member]  
Balance, beginning 45,035
Total gains (losses)  
Included in net income [1] 14,827
Included in other comprehensive income (loss) (12,868)
Amortization included in interest income 2,554
Purchases, sales and settlements  
Proceeds from sales (37,582)
Proceeds from repayments (2,149)
Balance, ending 9,817
Equity/Other Securities [Member]  
Balance, beginning 7,956
Transfers  
Transfers into Level 3 367
Total gains (losses)  
Included in net income [1] (280)
Included in other comprehensive income (loss) 2,231
Purchases, sales and settlements  
Balance, ending $ 10,274
[1] These gains (losses) are recorded in the following line items in the consolidated statements of operations: