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Debt Securities (Tables) | 9 Months Ended
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Sep. 30, 2014
Investments, Debt and Equity Securities [Abstract] |
Amortized Cost and Estimated Fair Value of Debt Securities | The amortized cost and estimated fair value of the Company’s debt securities at December 31, 2013 are summarized as follows:
Security Description | Face Amount |  | Amortized Cost |  | Gross Unrealized Gain |  | Gross Unrealized Loss |  | Estimated Fair Value
CMBS (Available-for-Sale) | $ | 33,066 |  |  | $ | 34,232 |  |  | $ | — |  |  | $ | (870 | ) |  | $ | 33,362 |
CMBS (Fair Value Option) | 155,577 |  |  | 155,946 |  |  | 2,313 |  |  | (173 | ) |  | 158,086 |
Total | $ | 188,643 |  |  | $ | 190,178 |  |  | $ | 2,313 |  |  | $ | (1,043 | ) |  | $ | 191,448 |
The amortized cost and estimated fair value of the Company’s debt securities at September 30, 2014 are summarized as follows:
Security Description | Face Amount |  | Amortized Cost |  | Gross Unrealized Gain |  | Gross Unrealized Loss |  | Carrying Value
CMBS (Available-for-Sale) | $ | 17,777 |  |  | $ | 18,673 |  |  | $ | — |  |  | $ | (754 | ) |  | $ | 17,919 |
CMBS (Fair Value Option) | 503,768 |  |  | 492,772 |  |  | 7,306 |  |  | (377 | ) |  | 499,701 |
CMBS (Held to Maturity) | 155,000 |  |  | 153,998 |  |  | — |  |  | — |  |  | 153,998 |
Total | $ | 676,545 |  |  | $ | 665,443 |  |  | $ | 7,306 |  |  | $ | (1,131 | ) |  | $ | 671,618 |
Overall Statistics for Company's AAA-Rated CMBS Investments Calculated on Weighted Average Basis | The overall statistics for the Company’s CMBS (Available-for-Sale) and CMBS (Fair Value Option) investments calculated on a weighted average basis assuming no early prepayments or defaults as of September 30, 2014 and December 31, 2013 are as follows:
| September 30, 2014 |  | December 31, 2013
Credit Ratings * | AAA - CCC- |  |  | AAA - CCC |
Coupon | 5.8 | % |  | 5.8 | %
Yield | 6.3 | % |  | 5.3 | %
Weighted Average Life | 2.5 years |  |  | 3.1 years |
* | Ratings per Fitch Ratings, Moody’s Investors Service or Standard & Poor's.
Percentage Vintage, Property Type, and Location of Collateral Securing Company's AAA-Rated CMBS Investments Calculated on Weighted Average Basis | The percentage vintage, property type and location of the collateral securing the Company’s CMBS (Available-for-Sale) and CMBS (Fair Value Option) investments calculated on a weighted average basis as of September 30, 2014 and December 31, 2013 are as follows:
Vintage | September 30, 2014 |  | December 31, 2013
2005 | 9.8 | % |  | — | %
2006 | 19.6 |  |  | 3.0 |
2007 | 61.6 |  |  | 97.0 |
2008 | 9.0 |  |  | — |
Total | 100 | % |  | 100 | %
Property Type | September 30, 2014 |  | December 31, 2013
Office | 33.5 | % |  | 33.2 | %
Retail | 28.4 |  |  | 25.1 |
Multifamily | 13.7 |  |  | 15.3 |
Hotel | 9.3 |  |  | 12.0 |
Other * | 15.1 |  |  | 14.4 |
Total | 100 | % |  | 100 | %
* No other individual category comprises more than 10% of the total.
Location | September 30, 2014 |  | December 31, 2013
South Atlantic | 23.6 | % |  | 23.4 | %
Middle Atlantic | 20.9 |  |  | 22.8 |
Pacific | 17.3 |  |  | 17.6 |
East North Central | 11.0 |  |  | — |
Other * | 27.2 |  |  | 36.2 |
Total | 100 | % |  | 100 | %
* No other individual category comprises more than 10% of the total.

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- Definition Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6871852&loc=d3e26610-111562 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6871852&loc=d3e26626-111562 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.4) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.2,12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27232-111563 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27161-111563 + Details
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