Annual report pursuant to Section 13 and 15(d)

Mortgage Loans Held-for-Investment in Securitization Trusts, at Fair Value (Tables)

v2.4.1.9
Mortgage Loans Held-for-Investment in Securitization Trusts, at Fair Value (Tables)
12 Months Ended
Dec. 31, 2014
Mortgage Loans Held-for-Investment in Securitization Trusts, at Fair Value [Abstract]  
Schedule of Mortgage Loans Held-for-Investment Reconciliation [Table Text Block]
The following table presents the carrying value of the Company’s mortgage loans held-for-investment in securitization trusts as of December 31, 2014 and December 31, 2013:
(in thousands)
December 31,
2014
 
December 31,
2013
Unpaid principal balance
$
1,699,748

 
$
812,538

Fair value adjustment
44,998

 
(20,148
)
Carrying value
$
1,744,746

 
$
792,390