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REAL ESTATE SECURITIES (Details Narrative) (USD $)
In Thousands, unless otherwise specified |
9 Months Ended | 1 Months Ended | ||||
|---|---|---|---|---|---|---|
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Sep. 30, 2014
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Sep. 30, 2013
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Sep. 30, 2014
Non-consolidated CDO Securities [Member]
Securities
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Jan. 31, 2014
FNMA/FHLMC Securities [Member]
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May 31, 2014
CDO Securities Tranche 1 [Member]
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May 31, 2014
CDO Securities Tranche 2 [Member]
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| Number of securities | 8 | |||||
| Outstanding Face Amount | $ 112,500 | |||||
| Total outstanding face amount of fixed rate securities | 262,600 | |||||
| Total outstanding face amount of floating rate securities | 124,000 | |||||
| Face amount of securities sold | 503,000 | 68,300 | 54,200 | |||
| Average price percentage | 105.82% | 105.20% | 93.00% | |||
| Proceeds from sale of securities | 798,122 | 43,916 | 532,200 | 71,900 | 50,400 | |
| Repayments of repurchase agreements | (516,100) | |||||
| Gain on sale of securities | 1,900 | 15,000 | 700 | |||
| Repayments of CDO bonds payable and other term loan financings | $ (71,900) | $ (50,400) | ||||
| X | ||||||||||
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- Definition
The average price at which securities were sold, depicted as a percentage of the original purchase price. No definition available.
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- Definition
Total outstanding face amount of all the company's holdings of fixed rate securities. No definition available.
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- Definition
Total outstanding face amount of all the company's holdings of floating rate securities. No definition available.
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- Definition
Amount of investment in debt and equity securities categorized neither as trading securities nor held-to-maturity securities and intended be sold or mature one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
This item represents the difference between the gross realized gains and losses realized on the sale of debt or equity securities categorized neither as held-to-maturity nor trading securities. Additionally, this item would include any losses recognized for other than temporary impairments (OTTI) of the subject investments in debt and equity securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Number of investment positions in available-for-sale investments in a continuous unrealized loss position for which an other-than-temporary impairment (OTTI) has not been recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
For investments which are quantified by principal amount, the principle balance held at close of period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash flow from investments sold under the agreement to repurchase such investment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net cash inflow or outflow in aggregate debt due to repayments and proceeds from additional borrowings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow associated with the sale of debt and equity securities classified as available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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