Quarterly report pursuant to Section 13 or 15(d)

RECENT ACTIVITIES (Details Narrative)

v2.4.0.6
RECENT ACTIVITIES (Details Narrative) (USD $)
In Thousands, unless otherwise specified
 6 Months Ended 6 Months Ended
Dec. 31, 2012
Jun. 30, 2012
Jul. 18, 2012
Mar. 31, 2012
Jul. 31, 2012
US Government Agencies Debt Securities
Jun. 30, 2012
US Government Agencies Debt Securities
Jun. 26, 2012
US Government Agencies Debt Securities
Jul. 18, 2012
Equity Method Investments
Jul. 18, 2012
Third-Party Financing Loans
Aug. 07, 2012
Real Estate Securities
Jun. 30, 2012
Real Estate Securities
Dec. 31, 2012
Minimum
Dec. 31, 2012
Maximum
Expected outflow of dollars - MSRs Investment Residential Capital, LLC                       $ 150,000 $ 300,000
Approximate principal balance of residential mortgage loans       196,000,000                  
Committed Amount in purchase of MSRs 450,000                        
Expected acquired interest in Excess MSRs 65.00%                        
Nationstar's co-investment in Excess MSRs   35.00%                      
Deposit funded as part of the agreement to acquire interest in Excess MSRs   16,800                      
Acquisition of eight senior housing assets, aggregate purchase price     143,300         54,900 88,400        
Acquisition-related expenses recorded as General and Administrative Expenses   3,200                      
Acquisition of eight senior housing assets, number of units     800                    
Weighted Average Funding Cost     3.45%                    
Management Fee Percentage of properties' gross income, first two years     6.00%                    
Management Fee Percentage of properties' gross income, three years and beyond     7.00%                    
Reimbursement to Fortress of pre-acquisition disbursements     6,400                    
Repurchase of CDO Bonds Payable - Face   30,100                      
Repurchase of CDO Bonds Payable - Pay Amount   9,200                      
Extinguished debt on repurchase of bonds payable   30,100                      
Gain on extinguishment of debt   20,800                      
Settled purchases of securities, principal balance         123,900 101,500       28,800 178,300    
Settled purchases of securities, purchase price         130,100 107,800       18,100 119,900    
Unsettled purchases of securities. principal balance             61,600       3,300    
Cash purchase price of securities settled         7,200 5,600       18,100 119,900    
Financing of settled purchases of securities via repurchase agreements         $ 122,900 $ 102,200       $ 59,200      
Repurchase Agreements Specifications         Interest at .41%, mature in August 2012 and are subject to customary margin call provisions. Interest at .42%, mature in August 2012 and are subject to customary margin call provisions.       Interest at LIBOR plus 200 basis points, have a 90-day term ending on October 11, 2012, a 65% advance rate and are subject to customary margin call provisions.