Quarterly report pursuant to Section 13 or 15(d)

Schedule of Change in Fair Value of Level 3 Investments (Details)

v2.4.0.6
Schedule of Change in Fair Value of Level 3 Investments (Details) (Measured on a Recurring Basis, USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2013
Level 3A Inputs
  
Balance, Beginning $ 725,872
Transfers  
Transfers In 1,861 [1]
Transfers Out (8,257) [1]
Total gains (losses)  
Included in net income    [2],[3]
Included in other comprehensive income (loss) 25,366 [2]
Amortization included in interest income 8,836
Purchases, sales and settlements  
Purchases 227,293
Proceeds from sales   
Proceeds from repayments (26,979)
Balance, Ending 953,992
Level 3B Inputs
  
Balance, Beginning 78,994
Transfers  
Transfers In 8,257 [1]
Transfers Out (1,861) [1]
Total gains (losses)  
Included in net income (539) [2],[3]
Included in other comprehensive income (loss) 2,308 [2]
Amortization included in interest income 3,162
Purchases, sales and settlements  
Purchases   
Proceeds from sales   
Proceeds from repayments (3,388)
Balance, Ending 86,933
CMBS Conduit | Level 3A Inputs
  
Balance, Beginning 225,575
Transfers  
Transfers In    [1]
Transfers Out    [1]
Total gains (losses)  
Included in net income    [2],[3]
Included in other comprehensive income (loss) 8,544 [2]
Amortization included in interest income 2,055
Purchases, sales and settlements  
Purchases   
Proceeds from sales   
Proceeds from repayments (3,219)
Balance, Ending 232,955
CMBS Conduit | Level 3B Inputs
  
Balance, Beginning 29,194
Transfers  
Transfers In    [1]
Transfers Out    [1]
Total gains (losses)  
Included in net income (539) [2],[3]
Included in other comprehensive income (loss) 1,271 [2]
Amortization included in interest income 1,120
Purchases, sales and settlements  
Purchases   
Proceeds from sales   
Proceeds from repayments (1,087)
Balance, Ending 29,959
CMBS Other | Level 3A Inputs
  
Balance, Beginning 104,451
Transfers  
Transfers In    [1]
Transfers Out (8,257) [1]
Total gains (losses)  
Included in net income    [2],[3]
Included in other comprehensive income (loss) 1,347 [2]
Amortization included in interest income 161
Purchases, sales and settlements  
Purchases   
Proceeds from sales   
Proceeds from repayments (3,484)
Balance, Ending 94,218
CMBS Other | Level 3B Inputs
  
Balance, Beginning 17,171
Transfers  
Transfers In 8,257 [1]
Transfers Out    [1]
Total gains (losses)  
Included in net income    [2],[3]
Included in other comprehensive income (loss) 1,338 [2]
Amortization included in interest income 119
Purchases, sales and settlements  
Purchases   
Proceeds from sales   
Proceeds from repayments   
Balance, Ending 26,885
Non-Agency RMBS | Level 3A Inputs
  
Balance, Beginning 330,021
Transfers  
Transfers In 1,861 [1]
Transfers Out    [1]
Total gains (losses)  
Included in net income    [2],[3]
Included in other comprehensive income (loss) 14,166 [2]
Amortization included in interest income 5,622
Purchases, sales and settlements  
Purchases 227,293
Proceeds from sales   
Proceeds from repayments (19,260)
Balance, Ending 559,703
Non-Agency RMBS | Level 3B Inputs
  
Balance, Beginning 25,954
Transfers  
Transfers In    [1]
Transfers Out (1,861) [1]
Total gains (losses)  
Included in net income    [2],[3]
Included in other comprehensive income (loss) (349) [2]
Amortization included in interest income 1,435
Purchases, sales and settlements  
Purchases   
Proceeds from sales   
Proceeds from repayments (982)
Balance, Ending 24,197
ABS Franchise | Level 3A Inputs
  
Balance, Beginning 798
Transfers  
Transfers In    [1]
Transfers Out    [1]
Total gains (losses)  
Included in net income    [2],[3]
Included in other comprehensive income (loss) (25) [2]
Amortization included in interest income   
Purchases, sales and settlements  
Purchases   
Proceeds from sales   
Proceeds from repayments (27)
Balance, Ending 746
ABS Franchise | Level 3B Inputs
  
Balance, Beginning 677
Transfers  
Transfers In    [1]
Transfers Out    [1]
Total gains (losses)  
Included in net income    [2],[3]
Included in other comprehensive income (loss) (9) [2]
Amortization included in interest income 256
Purchases, sales and settlements  
Purchases   
Proceeds from sales   
Proceeds from repayments (286)
Balance, Ending 638
Equity/Other Securities | Level 3A Inputs
  
Balance, Beginning 65,027
Transfers  
Transfers In    [1]
Transfers Out    [1]
Total gains (losses)  
Included in net income    [2],[3]
Included in other comprehensive income (loss) 1,334 [2]
Amortization included in interest income 998
Purchases, sales and settlements  
Purchases   
Proceeds from sales   
Proceeds from repayments (988)
Balance, Ending 66,371
Equity/Other Securities | Level 3B Inputs
  
Balance, Beginning 5,998
Transfers  
Transfers In    [1]
Transfers Out    [1]
Total gains (losses)  
Included in net income    [2],[3]
Included in other comprehensive income (loss) 57 [2]
Amortization included in interest income 232
Purchases, sales and settlements  
Purchases   
Proceeds from sales   
Proceeds from repayments (1,033)
Balance, Ending $ 5,254
[1] (A) Transfers are assumed to occur at the beginning of the quarter.
[2] (B) None of the gains (losses) recorded in earnings during the period is attributable to the change in unrealized gains (losses) relating to Level 3 assets still held at the reporting date.
[3] (C) These gains (losses) are recorded in the following line items in the consolidated statements of income (See table Schedule of Gains Losses on Fair Value of RE Securities).