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Quarterly Financial Data 2009 Quarterly Financial Data (Details) (USD $)
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3 Months Ended | 12 Months Ended | |||||||||||||
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Dec. 31, 2011
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Sep. 30, 2011
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Jun. 30, 2011
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Mar. 31, 2011
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Dec. 31, 2010
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Sep. 30, 2010
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Jun. 30, 2010
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Mar. 31, 2010
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Dec. 31, 2009
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Sep. 30, 2009
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Jun. 30, 2009
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Mar. 31, 2009
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Dec. 31, 2011
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Dec. 31, 2010
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Dec. 31, 2009
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| Interest and Dividend Income, Securities, Available-for-sale | $ 71,713,000 | $ 65,919,000 | $ 39,959,000 | $ 19,535,000 | $ 12,780,000 | $ 11,823,000 | $ 9,088,000 | $ 6,153,000 | $ 2,796,000 | $ 0 | $ 0 | $ 0 | $ 197,126,000 | $ 39,844,000 | $ 2,796,000 |
| Interest and Dividend Income, Securities, Trading or Measured at Fair Value | 1,376,000 | 1,706,000 | 805,000 | 272,000 | 155,000 | 15,000 | 0 | 0 | 0 | 0 | 0 | 0 | 4,159,000 | 170,000 | 0 |
| Fair Value, Option, Interest Income (Expense) | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Interest Income, Domestic Deposits | 106,000 | 114,000 | 64,000 | 63,000 | 37,000 | 27,000 | 37,000 | 6,000 | 13,000 | 1,000 | 7,000 | 49,000 | 347,000 | 107,000 | 70,000 |
| Investment Income, Net | 73,197,000 | 67,739,000 | 40,828,000 | 19,870,000 | 12,972,000 | 11,865,000 | 9,125,000 | 6,159,000 | 2,809,000 | 1,000 | 7,000 | 49,000 | 201,634,000 | 40,121,000 | 2,866,000 |
| Interest Expense | 9,129,000 | 7,218,000 | 3,863,000 | 2,499,000 | 1,644,000 | 1,396,000 | 863,000 | 518,000 | 131,000 | 0 | 0 | 0 | 22,709,000 | 4,421,000 | 131,000 |
| Interest Income (Expense), Net | 64,068,000 | 60,521,000 | 36,965,000 | 17,371,000 | 11,328,000 | 10,469,000 | 8,262,000 | 5,641,000 | 2,678,000 | 1,000 | 7,000 | 49,000 | 178,925,000 | 35,700,000 | 2,735,000 |
| Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities | (1,437,000) | (3,371,000) | (294,000) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (5,102,000) | 0 | 0 |
| Other than Temporary Impairment Losses, Investments, Portion in Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent, Available-for-sale Securities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Other than Temporary Impairment Losses, Investments, Available-for-sale Securities | (1,437,000) | (3,371,000) | (294,000) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (5,102,000) | 0 | 0 |
| Gain (Loss) on Investments | 360,000 | 31,432,000 | 3,189,000 | 1,539,000 | 1,519,000 | 2,577,000 | 834,000 | 1,197,000 | 336,000 | 0 | 0 | 0 | 36,520,000 | 6,127,000 | 336,000 |
| Gain (Loss) on Interest Rate Swap and Swaption Agreements | 1,411,000 | (39,311,000) | (50,808,000) | 1,939,000 | 3,693,000 | (4,436,000) | (4,054,000) | (1,547,000) | 364,000 | 0 | 0 | 0 | (86,769,000) | (6,344,000) | 364,000 |
| Derivative Instruments, Gain (Loss) Recognized in Income, Net | (10,719,000) | 22,361,000 | 9,766,000 | 5,347,000 | 2,959,000 | 3,098,000 | 153,000 | 946,000 | 0 | 0 | 0 | 0 | (60,014,000) | 812,000 | 364,000 |
| Other Income | (8,948,000) | 14,482,000 | (37,853,000) | 8,825,000 | 8,171,000 | 1,239,000 | (3,067,000) | 596,000 | 700,000 | 0 | 0 | 0 | (23,494,000) | 6,939,000 | 700,000 |
| Asset Management Costs | 5,178,000 | 4,785,000 | 2,728,000 | 1,550,000 | 921,000 | 863,000 | 748,000 | 457,000 | 326,000 | 0 | 0 | 0 | 14,241,000 | 2,989,000 | 326,000 |
| Other Cost and Expense, Operating | 3,245,000 | 2,850,000 | 2,155,000 | 1,512,000 | 1,246,000 | 1,213,000 | 1,132,000 | 987,000 | 1,040,000 | 1,386,000 | 320,000 | 9,762,000 | 4,578,000 | 1,252,000 | |
| Costs and Expenses | 8,423,000 | 7,635,000 | 4,883,000 | 3,062,000 | 2,167,000 | 2,076,000 | 1,880,000 | 1,444,000 | 9,751,000 | 1,040,000 | 1,386,000 | 320,000 | 24,003,000 | 7,567,000 | 12,497,000 |
| Net Income (Loss) Before Income Taxes | 45,260,000 | 63,997,000 | (6,065,000) | 23,134,000 | 17,332,000 | 9,632,000 | 3,315,000 | 4,793,000 | (6,373,000) | (1,039,000) | (1,379,000) | (271,000) | 126,326,000 | 35,072,000 | (9,062,000) |
| Income Tax Expense (Benefit) | 6,170,000 | (9,388,000) | 5,081,000 | (757,000) | (872,000) | 246,000 | 774,000 | 535,000 | (48,000) | 119,000 | 155,000 | 92,000 | 1,106,000 | 683,000 | 318,000 |
| Net Income (Loss) Attributable to Parent | 51,430,000 | 54,609,000 | (984,000) | 22,377,000 | 16,460,000 | 9,878,000 | 4,089,000 | 5,328,000 | (6,421,000) | (920,000) | (1,224,000) | (179,000) | 127,432,000 | 35,755,000 | (8,744,000) |
| Temporary Equity, Accretion to Redemption Value, Adjustment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (25,000) | (37,000) | (31,000) | ||||
| Net Income (Loss) Available to Common Stockholders, Diluted | $ 51,430,000 | $ 54,609,000 | $ (984,000) | $ 22,377,000 | $ 16,460,000 | $ 9,878,000 | $ 4,089,000 | $ 5,328,000 | $ (945,000) | $ 127,432,000 | $ 35,755,000 | $ (8,837,000) | |||
| Basic and Diluted Weighted Average Number of Shares Outstanding | 140,592,941 | 130,607,566 | 77,101,606 | 45,612,376 | 27,532,462 | 26,126,212 | 22,466,691 | 13,401,368 | 16,935,316 | 24,936,558 | 24,936,558 | 24,936,558 | 98,826,868 | 22,381,683 | 22,941,728 |
| Earnings Per Share, Basic and Diluted | $ 1.29 | $ 1.60 | $ (0.39) | ||||||||||||
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- Definition
The average number of shares issued and outstanding that are used in calculating basic and diluted EPS, determined based on the timing of issuance of shares in the period. No definition available.
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- Definition
This item represents the amount of interest income (expense) included in earnings during the period arising from loans and other receivables held as assets. No definition available.
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- Definition
Net interest spread, early termination gains (losses), and changes in unrealized gain (loss) on interest rate swap and swaption agreements, at fair value. No definition available.
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- Definition
The porition of profit or loss for the period before taxes. No definition available.
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- Definition
The aggregate costs related to asset management during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net gains and losses recognized in income during the period on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges, on derivative instruments designated and qualifying as hedging instruments in cash flow hedges, and on derivative instruments not designated as hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
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- Definition
This item represents the net total realized and unrealized gain (loss) included in earnings for the period as a result of selling or holding marketable securities categorized as trading, available-for-sale, or held-to-maturity, including the unrealized holding gain (loss) of held-to-maturity securities transferred to the trading security category and the cumulative unrealized gain (loss) which was included in other comprehensive income (a separate component of shareholders' equity) for available-for-sale securities transferred to trading securities during the period. Additionally, this item would include any gains (losses) realized during the period from the sale of investments accounted for under the cost method of accounting and losses recognized for other than temporary impairments (OTTI) of the subject investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Interest income on securities classified neither as held-to-maturity nor trading ("available-for-sale securities") includes: (a) interest and dividends earned on all securities and (b) amortization and accretion (as applicable) of discounts and premiums, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Interest and dividend income on securities that are bought and held principally for the purpose of selling them in the near term ("trading securities") and on securities measured at fair value through earnings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Interest earned on deposits in United States money market accounts and other United States interest earning accounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net amount of operating interest income (expense). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This item represents investment income derived from investments in debt and equity securities consisting of interest income earned from investments in debt securities and on cash and cash equivalents, dividend income from investments in equity securities, and income or expense derived from the amortization of investment related discounts or premiums, respectively, net of related investment expenses. This item does not include realized or unrealized gains or losses on the sale or holding of investments in debt and equity securities required to be included in earnings for the period or for other than temporary losses related to investments in debt and equity securities which are included in realized losses in the period recognized, and does not include investment income from real or personal property, such as rental income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Net Income or Loss Available to Common Stockholders plus adjustments resulting from the assumption that dilutive convertible securities were converted, options or warrants were exercised, or that other shares were issued upon the satisfaction of certain conditions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Reflects the sum of all other revenue and income recognized by the entity in the period not otherwise specified in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount by which the fair value of an investment in debt and equity securities categorized as Available-for-sale is less than the amortized cost basis or carrying amount of that investment at the balance sheet date and the decline in fair value is deemed to be other than temporary, before considering whether or not such amount is recognized in earnings or other comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of other than temporary impairment (OTTI) loss on a debt security, categorized as Available-for-sale, related to factors other than credit losses when the entity does not intend to sell the security and it is not more likely than not that the entity will be required to sell the security before recovery of its amortized cost basis. This amount which is attributable to the parent, is a portion of the deduction from the total impairment losses of Investments (before taxes) presented on the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of other than temporary impairment losses on investments in debt and equity securities categorized as Available-for-sale which have been recognized in earnings during the period. Such impairment losses consist of other than temporary impairments (OTTI) on equity securities, credit losses on investments in debt securities, and when the entity intends to sell an impaired debt security or it is more likely than not that the entity will be required to sell the impaired debt security before recovery of its amortized cost basis. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Value of accretion of temporary equity to its redemption value during the period. This item is an adjustment to net income necessary to derive net income apportioned to common stockholders and is to be distinguished from Temporary Equity, Accretion to Redemption Value (TemporaryEquityAccretionToRedemptionValue). No definition available.
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