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Debt Securities (Tables) | 12 Months Ended
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Dec. 31, 2014
Investments, Debt and Equity Securities [Abstract] |
Amortized Cost and Estimated Fair Value | The amortized cost and estimated fair value of the Company’s debt securities at December 31, 2014 are summarized as follows:
Security Description | Face Amount |  | Amortized Cost |  | Gross Unrealized Gain |  | Gross Unrealized Loss |  | Estimated Fair Value
CMBS (Available-for-Sale) | $ | 17,013 |  |  | $ | 17,783 |  |  | $ | — |  |  | $ | (678 | ) |  | $ | 17,105 |
CMBS (Fair Value Option) | 527,177 |  |  | 516,443 |  |  | 7,322 |  |  | (1,035 | ) |  | 522,730 |
Total | $ | 544,190 |  |  | $ | 534,226 |  |  | $ | 7,322 |  |  | $ | (1,713 | ) |  | $ | 539,835 |
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 |
Schedule of Continuous Unrealized Loss Position, Debt Securities | The following table presents information about the Company's debt securities that were in an unrealized loss position at December 31, 2014:
| Unrealized Loss Position for Less than 12 months |  | Unrealized Loss Position for 12 months or More
Security Description | Fair Value |  | Unrealized Loss |  | Fair Value |  | Unrealized Loss
CMBS (Available-for-Sale) | $ | — |  |  | $ | — |  |  | $ | 17,105 |  |  | $ | (678 | )
CMBS (Fair Value Option) | 130,435 |  |  | (1,019 | ) |  | 6,315 |  |  | (16 | )
Total | $ | 130,435 |  |  | $ | (1,019 | ) |  | $ | 23,420 |  |  | $ | (694 | )
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) calculated on a weighted average basis as of December 31, 2014 and 2013 are as follows:
| December 31, 2014 |  | December 31, 2013
Credit Ratings * | AAA-CCC- |  |  | AAA-CCC |
Coupon | 5.9 | % |  | 5.8 | %
Yield | 6.4 | % |  | 5.3 | %
Weighted Average Life | 2.3 years |  |  | 3.1 years |
* | Ratings per Fitch Ratings, Moody’s Investors Service or Standard &P
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) calculated on a weighted average basis as of December 31, 2014 and 2013 are as follows:
Vintage | December 31, 2014 |  | December 31, 2013
2005 | 9.0 | % |  | — | %
2006 | 19.0 |  |  | 3.0 |
2007 | 63.0 |  |  | 97.0 |
2008 | 9.0 |  |  | — |
Total | 100 | % |  | 100 | %
Property Type | December 31, 2014 |  | December 31, 2013
Office | 33.4 | % |  | 33.2 | %
Retail | 29.1 |  |  | 25.1 |
Multifamily | 13.3 |  |  | 15.3 |
Hotel | 9.2 |  |  | 12.0 |
Other * | 15.0 |  |  | 14.4 |
Total | 100 | % |  | 100 | %
* | No other individual category comprises more than 10% of the total.
Location | December 31, 2014 |  | December 31, 2013
South Atlantic | 23.2 | % |  | 23.4 | %
Middle Atlantic | 21.1 |  |  | 22.8 |
Pacific | 17.0 |  |  | 17.6 |
East North Central | 11.0 |  |  | — |
Other * | 27.7 |  |  | 36.2 |
Total | 100 | % |  | 100 | %
* | No other individual category comprises more than 10% of the total.

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