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Non Recourse Collateralized Financings (Tables) | 12 Months Ended
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Dec. 31, 2012
Debt Disclosure [Abstract] |
Schedule of Debt [Table Text Block] | The following table summarizes information about the Company’s non-recourse collateralized financing for the periods indicated:
| December 31, 2012
| Interest Rate |  | Weighted Average Life Remaining (in years) |  | Balance Outstanding |  | Value of Collateral
Securitization financing: |  |  |  |  |  |  |
Secured by non-Agency CMBS | 6.2% fixed |  | 1.4 |  | $ | 15,000 |  |  | $ | 15,825 |
Secured by single-family mortgage loans | 1-month LIBOR plus 0.30% |  | 3.1 |  | 15,974 |  |  | 17,309 |
Unamortized net bond premium and deferred costs |  |  |  |  | (470 | ) |  | n/a |
|  |  |  |  | $ | 30,504 |  |  | $ | 33,134 |
| December 31, 2011
| Interest Rate |  | Weighted Average Life Remaining (in years) |  | Balance Outstanding |  | Value of Collateral
Securitization financing: |  |  |  |  |  |  |
Secured by non-Agency CMBS | 6.2% fixed |  | 2.1 |  | $ | 15,000 |  |  | $ | 16,388 |
Secured by single-family mortgage loans | 1-month LIBOR plus 0.30% |  | 3.2 |  | 18,928 |  |  | 19,843 |
TALF financing:(1) |  |  |  |  |  |  |  |  |
Secured by non-Agency CMBS | 2.7% fixed |  | 1.2 |  | 37,672 |  |  | 49,087 |
Unamortized net bond premium and deferred costs |  |  |  |  | (705 | ) |  | n/a |
|  |  |  |  | $ | 70,895 |  |  | $ | 85,318 |
(1) | Financing provided by the Federal Reserve Bank of New York under its Term Asset-Backed Securities Loan Facility (“TALF”). The balance as of December 31, 2011 was paid off during the first quarter of 2012.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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