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Mortgage Loans on Real Estate Mortgage Loans on Real Estate (Tables)
 6 Months Ended
Jun. 30, 2013
Mortgage Loans on Real Estate [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
Our mortgage loan portfolio, summarized in the following table, totaled $2.6 billion at June 30, 2013 and December 31, 2012, with commitments outstanding of $93.8 million at June 30, 2013.
 
June 30, 2013
 
December 31, 2012
 
(Dollars in thousands)
Principal outstanding
$
2,616,179

 
$
2,658,883

Loan loss allowance
(31,676
)
 
(34,234
)
Deferred prepayment fees
(800
)
 
(709
)
Carrying value
$
2,583,703

 
$
2,623,940
Schedule of Commercial Mortgage Loans by Geographic Region and Specific Collateral Property Type [Table Text Block]
The portfolio consists of commercial mortgage loans collateralized by the related properties and diversified as to property type, location and loan size. Our mortgage lending policies establish limits on the amount that can be loaned to one borrower and other criteria to attempt to reduce the risk of default. The mortgage loan portfolio is summarized by geographic region and property type as follows:
 
June 30, 2013
 
December 31, 2012
 
Principal Outstanding
 
Percent
 
Principal Outstanding
 
Percent
 
(Dollars in thousands)
Geographic distribution
 
 
 
 
 
 
 
East
$
760,025

 
29.1
%
 
$
732,762

 
27.5
%
Middle Atlantic
147,167

 
5.6
%
 
155,094

 
5.8
%
Mountain
359,436

 
13.7
%
 
387,599

 
14.6
%
New England
23,131

 
0.9
%
 
26,385

 
1.0
%
Pacific
322,519

 
12.3
%
 
320,982

 
12.1
%
South Atlantic
459,052

 
17.6
%
 
458,802

 
17.3
%
West North Central
369,363

 
14.1
%
 
370,168

 
13.9
%
West South Central
175,486

 
6.7
%
 
207,091

 
7.8
%
 
$
2,616,179

 
100.0
%
 
$
2,658,883

 
100.0
%
Property type distribution
 
 
 
 
 
 
 
Office
$
643,747

 
24.6
%
 
$
666,467

 
25.1
%
Medical Office
137,746

 
5.3
%
 
136,764

 
5.1
%
Retail
680,618

 
26.0
%
 
677,951

 
25.5
%
Industrial/Warehouse
666,935

 
25.5
%
 
692,637

 
26.1
%
Hotel
83,363

 
3.2
%
 
94,045

 
3.5
%
Apartment
233,609

 
8.9
%
 
219,335

 
8.2
%
Mixed use/other
170,161

 
6.5
%
 
171,684

 
6.5
%
 
$
2,616,179

 
100.0
%
 
$
2,658,883

 
100.0
%
Allowance for Credit Losses on Financing Receivables [Table Text Block]
The following tables present a rollforward of our specific and general valuation allowances for mortgage loans on real estate:
 
Three Months Ended
June 30, 2013
 
Three Months Ended
June 30, 2012
 
Specific Allowance
 
General Allowance
 
Specific Allowance
 
General Allowance
 
(Dollars in thousands)
Beginning allowance balance
$
(22,631
)
 
$
(10,400
)
 
$
(29,595
)
 
$
(10,300
)
Charge-offs
2,612

 
—

 
7,613

 
—

Recoveries
—

 
—

 
—

 
—

Provision for credit losses
(1,157
)
 
(100
)
 
(3,463
)
 
(900
)
Ending allowance balance
$
(21,176
)
 
$
(10,500
)
 
$
(25,445
)
 
$
(11,200
)

 
Six Months Ended
June 30, 2013
 
Six Months Ended
June 30, 2012
 
Specific Allowance
 
General Allowance
 
Specific Allowance
 
General Allowance
 
(Dollars in thousands)
Beginning allowance balance
$
(23,134
)
 
$
(11,100
)
 
$
(23,664
)
 
$
(9,300
)
Charge-offs
4,181

 
—

 
8,513

 
—

Recoveries
—

 
—

 
—

 
—

Provision for credit losses
(2,223
)
 
600

 
(10,294
)
 
(1,900
)
Ending allowance balance
$
(21,176
)
 
$
(10,500
)
 
$
(25,445
)
 
$
(11,200
)
Real Estate Acquired Via Foreclosure or Deed In Lieu [Table Text Block]
uring the six months ended June 30, 2013, one mortgage loan was satisfied by taking ownership of the real estate serving as collateral compared to four and six mortgage loans for the same periods in 2012. The following table summarizes the activity in the real estate owned which was obtained in satisfaction of mortgage loans on real estate:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2013
 
2012
 
2013
 
2012
 
(Dollars in thousands)
Real estate owned at beginning of period
$
28,764

 
$
35,824

 
$
33,172

 
$
36,821

Real estate acquired in satisfaction of mortgage loans
—

 
8,683

 
844

 
11,985

Additions
480

 
117

 
480

 
117

Sales
(2,333
)
 
(4,283
)
 
(7,413
)
 
(7,366
)
Impairments
(145
)
 
(1,669
)
 
(145
)
 
(2,643
)
Depreciation
(157
)
 
(282
)
 
(329
)
 
(524
)
Real estate owned at end of period
$
26,609

 
$
38,390

 
$
26,609

 
$
38,390
Financing Receivable Credit Quality Indicators [Table Text Block]
We analyze credit risk of our mortgage loans by analyzing all available evidence on loans that are delinquent and loans that are in a workout period.
 
June 30, 2013
 
December 31, 2012
 
(Dollars in thousands)
Credit Exposure--By Payment Activity
 
 
 
Performing
$
2,572,527

 
$
2,597,440

In workout
28,326

 
26,723

Collateral dependent
15,326

 
34,720

 
$
2,616,179

 
$
2,658,883
Past Due Financing Receivables [Table Text Block]
Aging of financing receivables is summarized in the following table, with loans in a "workout" period as of the reporting date considered current if payments are current in accordance with agreed upon terms:
 
30 - 59 Days
 
60 - 89 Days
 
90 Days and Over
 
Total Past Due
 
Current
 
Collateral Dependent Receivables
 
Total Financing Receivables
 
(Dollars in thousands)
Commercial Mortgage Loans
 
 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2013
$
—

 
$
—

 
$
—

 
$
—

 
$
2,600,853

 
$
15,326

 
$
2,616,179

December 31, 2012
$
—

 
$
—

 
$
—

 
$
—

 
$
2,624,163

 
$
34,720

 
$
2,658,883
Impaired Financing Receivables [Table Text Block]
Financing receivables summarized in the following table represent all loans that we are either not currently collecting or those we feel it is probable we will not collect all amounts due according to the contractual terms of the loan agreements (all loans that we have worked with the borrower to alleviate short-term cash flow issues, loans delinquent for more than 60 days at the reporting date, loans we have determined to be collateral dependent and loans that we have recorded specific impairments on that we feel may continue to have performance issues).
 
Recorded Investment
 
Unpaid Principal Balance
 
Related Allowance
 
Average Recorded Investment
 
Interest Income Recognized
 
(Dollars in thousands)
June 30, 2013
 
 
 
 
 
 
 
 
 
Mortgage loans with an allowance
$
25,531

 
$
46,707

 
$
(21,176
)
 
$
27,923

 
$
885

Mortgage loans with no related allowance
18,699

 
18,699

 
—

 
18,760

 
531

 
$
44,230

 
$
65,406

 
$
(21,176
)
 
$
46,683

 
$
1,416

December 31, 2012
 
 
 
 
 
 
 
 
 
Mortgage loans with an allowance
$
29,976

 
$
53,110

 
$
(23,134
)
 
$
37,480

 
$
1,946

Mortgage loans with no related allowance
27,765

 
27,765

 
—

 
27,696

 
1,664

 
$
57,741

 
$
80,875

 
$
(23,134
)
 
$
65,176

 
$
3,610
Troubled Debt Restructurings on Financing Receivables Workout Loans [Table Text Block]
Mortgage loan workouts, refinances or restructures that are classified as TDRs are individually evaluated and measured for impairment. A summary of mortgage loans on commercial real estate with outstanding principal at June 30, 2013 and December 31, 2012 that we determined to be TDRs are as follows:
Geographic Region
 
Number of TDRs
 
Principal Balance Outstanding
 
Specific Loan Loss Allowance
 
Net Carrying Amount
 
 
 
 
(Dollars in thousands)
June 30, 2013
 
 
 
 
 
 
 
 
East
 
1
 
$
3,712

 
$
(949
)
 
$
2,763

Mountain
 
8
 
23,019

 
(1,172
)
 
21,847

South Atlantic
 
7
 
17,249

 
(5,898
)
 
11,351

East North Central
 
2
 
3,697

 
(1,029
)
 
2,668

West North Central
 
1
 
1,938

 
—

 
1,938

West South Central
 
1
 
1,458

 
(255
)
 
1,203

 
 
20
 
$
51,073

 
$
(9,303
)
 
$
41,770

December 31, 2012
 
 
 
 
 
 
 
 
East
 
1
 
$
4,208

 
$
(1,425
)
 
$
2,783

Mountain
 
10
 
28,786

 
(1,702
)
 
27,084

South Atlantic
 
9
 
23,358

 
(5,047
)
 
18,311

East North Central
 
1
 
2,232

 
(467
)
 
1,765

West North Central
 
3
 
9,466

 
(2,328
)
 
7,138

 
 
24
 
$
68,050

 
$
(10,969
)
 
$
57,081
Impaired Mortgage Loans on Real Estate by Basis of Impairment [Table Text Block]
The specific allowance is a total of credit loss allowances on loans which are individually evaluated for impairment. The general allowance is the group of loans discussed above which are collectively evaluated for impairment. The following table presents the total outstanding principal of loans evaluated for impairment by basis of impairment method:
 
June 30, 2013
 
December 31, 2012
 
(Dollars in thousands)
Individually evaluated for impairment
$
46,707

 
$
53,110

Collectively evaluated for impairment
2,569,472

 
2,605,773

Total loans evaluated for impairment
$
2,616,179

 
$
2,658,883