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Real Estate Securities - Components of Carrying Value (Which Equals Fair Value) of Residential Available for Sale Securities (Detail) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]    
Carrying Value $ 610,270 $ 829,245
Senior Securities    
Schedule of Available-for-sale Securities [Line Items]    
Carrying Value 73,324 279,251
Senior Securities | Prime    
Schedule of Available-for-sale Securities [Line Items]    
Carrying Value 65,195 210,993
Senior Securities | Non-prime    
Schedule of Available-for-sale Securities [Line Items]    
Carrying Value 8,129 68,258
Re-REMIC    
Schedule of Available-for-sale Securities [Line Items]    
Carrying Value 165,707 165,064
Subordinate Securities    
Schedule of Available-for-sale Securities [Line Items]    
Carrying Value 371,239 384,930
Residential    
Schedule of Available-for-sale Securities [Line Items]    
Principal balance 743,745 973,227
Credit reserve (44,943) (48,869)
Unamortized discount, net (207,574) (237,107)
Amortized cost 491,228 687,251
Gross unrealized gains 123,310 147,001
Gross unrealized losses (4,268) (5,007)
Carrying Value 610,270 829,245
Residential | Senior Securities | Prime    
Schedule of Available-for-sale Securities [Line Items]    
Principal balance 70,717 217,605
Credit reserve (987) (1,305)
Unamortized discount, net (6,614) (22,079)
Amortized cost 63,116 194,221
Gross unrealized gains 4,503 20,263
Gross unrealized losses (2,423) (3,491)
Carrying Value 65,196 210,993
Residential | Senior Securities | Non-prime    
Schedule of Available-for-sale Securities [Line Items]    
Principal balance 10,137 75,591
Credit reserve (622) (5,101)
Unamortized discount, net (1,813) (8,395)
Amortized cost 7,702 62,095
Gross unrealized gains 426 6,249
Gross unrealized losses 0 (86)
Carrying Value 8,128 68,258
Residential | Re-REMIC    
Schedule of Available-for-sale Securities [Line Items]    
Principal balance 188,404 189,782
Credit reserve (9,352) (10,332)
Unamortized discount, net (64,484) (71,670)
Amortized cost 114,568 107,780
Gross unrealized gains 51,139 57,284
Gross unrealized losses 0 0
Carrying Value 165,707 165,064
Residential | Subordinate Securities    
Schedule of Available-for-sale Securities [Line Items]    
Principal balance 474,487 490,249
Credit reserve (33,982) (32,131)
Unamortized discount, net (134,663) (134,963)
Amortized cost 305,842 323,155
Gross unrealized gains 67,242 63,205
Gross unrealized losses (1,845) (1,430)
Carrying Value $ 371,239 $ 384,930