Quarterly report pursuant to Section 13 or 15(d)

Schedule of Fair Value Measured on a Recurring Basis (Details)

v2.4.0.6
Schedule of Fair Value Measured on a Recurring Basis (Details) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Carrying (Reported) Amount, Fair Value Disclosure
  
Real estate securities, available-for-sale:  
CMBS $ 377,752
REIT debt 93,060
ABS - subprime 260,439
ABS - other real estate 1,576
FNMA/FHLMC 577,132
CDO 70,401
Real estate securities total 1,380,360
Investments in excess mortgage servicing rights at fair value*(H) 258,347
Derivative assets:  
Interest rate caps, not treated as hedges 224
Derivative assets total 224
Derivative Liabilities:  
Interest rate swaps, treated as hedges 14,009
Interest rate swaps, not treated as hedges 22,510
Derivatives liabilities total 36,519
Balance Principal Amount
  
Real estate securities, available-for-sale:  
CMBS 484,684
REIT debt 87,700
ABS - subprime 438,269
ABS - other real estate 10,208
FNMA/FHLMC 534,801
CDO 203,707
Real estate securities total 1,759,369
Investments in excess mortgage servicing rights at fair value*(H) 79,629,020
Derivative assets:  
Interest rate caps, not treated as hedges 23,400
Derivative assets total 23,400
Derivative Liabilities:  
Interest rate swaps, treated as hedges 154,795
Interest rate swaps, not treated as hedges 296,532
Derivatives liabilities total 451,327
Fair Value, Inputs, Level 2
  
Real estate securities, available-for-sale:  
CMBS 0
REIT debt 93,060
ABS - subprime 0
ABS - other real estate 0
FNMA/FHLMC 577,132
CDO 0
Real estate securities total 670,192
Investments in excess mortgage servicing rights at fair value*(H) 0
Derivative assets:  
Interest rate caps, not treated as hedges 224
Derivative assets total 224
Derivative Liabilities:  
Interest rate swaps, treated as hedges 14,009
Interest rate swaps, not treated as hedges 22,510
Derivatives liabilities total 36,519
Fair Value, Inputs, Level 3A
  
Real estate securities, available-for-sale:  
CMBS 329,088
REIT debt 0
ABS - subprime 220,816
ABS - other real estate 854
FNMA/FHLMC 0
CDO 64,930
Real estate securities total 615,688
Investments in excess mortgage servicing rights at fair value*(H) 0
Derivative assets:  
Interest rate caps, not treated as hedges 0
Derivative assets total 0
Derivative Liabilities:  
Interest rate swaps, treated as hedges 0
Interest rate swaps, not treated as hedges 0
Derivatives liabilities total 0
Fair Value, Inputs, Level 3B
  
Real estate securities, available-for-sale:  
CMBS 48,664
REIT debt 0
ABS - subprime 39,623
ABS - other real estate 722
FNMA/FHLMC 0
CDO 5,471
Real estate securities total 94,480
Investments in excess mortgage servicing rights at fair value*(H) 258,347
Derivative assets:  
Interest rate caps, not treated as hedges 0
Derivative assets total 0
Derivative Liabilities:  
Interest rate swaps, treated as hedges 0
Interest rate swaps, not treated as hedges 0
Derivatives liabilities total 0
Estimate of Fair Value, Fair Value Disclosure [Member]
  
Real estate securities, available-for-sale:  
CMBS 377,752
REIT debt 93,060
ABS - subprime 260,439
ABS - other real estate 1,576
FNMA/FHLMC 577,132
CDO 70,401
Real estate securities total 1,380,360
Investments in excess mortgage servicing rights at fair value*(H) 258,347
Derivative assets:  
Interest rate caps, not treated as hedges 224
Derivative assets total 224
Derivative Liabilities:  
Interest rate swaps, treated as hedges 14,009
Interest rate swaps, not treated as hedges 22,510
Derivatives liabilities total $ 36,519