XML 44 R11.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Securitized Mortage Loans, Net | 6 Months Ended
--- | ---
Jun. 30, 2012
SECURITIZED MORTGAGE LOANS, NET [Abstract] |
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | SECURITIZED MORTGAGE LOANS, NET The Company's securitized mortgage loans are pledged as collateral for its associated securitization financing bonds, which are discussed further in Note 9. Please also refer to Note 6 for disclosures related to impaired securitized mortgage loans and the related allowance for loans losses. The following table summarizes the components of securitized mortgage loans as of June 30, 2012 and December 31, 2011:
| June 30, 2012 |  | December 31, 2011
| Commercial |  | Single-family |  | Total |  | Commercial |  | Single-family |  | Total
Principal/par value (1) | $ | 46,079 |  |  | $ | 44,191 |  |  | $ | 90,270 |  |  | $ | 68,029 |  |  | $ | 47,657 |  |  | $ | 115,686 |
Unamortized premium, net | — |  |  | 666 |  |  | 666 |  |  | — |  |  | 770 |  |  | 770 |
Unamortized discount, net | (125 | ) |  | — |  |  | (125 | ) |  | (254 | ) |  | — |  |  | (254 | )
Amortized cost | 45,954 |  |  | 44,857 |  |  | 90,811 |  |  | 67,775 |  |  | 48,427 |  |  | 116,202 |
Allowance for loan losses | (1,355 | ) |  | (231 | ) |  | (1,586 | ) |  | (2,268 | ) |  | (231 | ) |  | (2,499 | )
| $ | 44,599 |  |  | $ | 44,626 |  |  | $ | 89,225 |  |  | $ | 65,507 |  |  | $ | 48,196 |  |  | $ | 113,703 |
(1) | Includes funds held by trustees.
The balance of the Company's securitized commercial mortgage loans has decreased since December 31, 2011 primarily due to principal payments, including amounts received on defeased loans, of $18,110. The Company's securitized commercial mortgage loans were originated principally in 1996 and 1997 and are collateralized by first deeds of trust on income producing properties. Approximately 72% of these securitized commercial mortgage loans are secured by multifamily properties. As of June 30, 2012 and December 31, 2011, the loan-to-value ratio based on original appraisal was 41% and 42%, respectively. The unpaid principal balance of the securitized commercial mortgage loans identified as seriously delinquent (60 or more days past due) and therefore on nonaccrual status is $710 as of June 30, 2012 compared to $14,997 as of December 31, 2011. The balance of the Company's securitized single-family mortgage loans have decreased since December 31, 2011 due to principal payments on the loans of $3,467. These single-family mortgage loans are secured by first deeds of trust on residential real estate and were originated principally from 1992 to 1997. As of June 30, 2012 and December 31, 2011, the current loan-to-value ratio based on original appraisal was approximately 44% and 46%, respectively. The unpaid principal balance of the Company's securitized single-family mortgage loans identified as seriously delinquent as of June 30, 2012 is $3,663 compared to $3,366 as of December 31, 2011. The Company continues accruing interest on any seriously delinquent securitized single-family mortgage loan so long as the primary servicer continues to advance the interest and/or principal due on the loan.

X
- Details
Name: | dx_SecuritizedMortgageLoansNetAbstract
Namespace Prefix: | dx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(k)) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 3, 4 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5074-111524 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5162-111524 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph k -Article 4 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 01-6 -Paragraph 13 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5066-111524 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 7 -Article 9 + Details
Name: | us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration