Quarterly report pursuant to Section 13 or 15(d)

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

v2.4.0.8
Mortgage Loans Held-for-Investment in Securitization Trusts, at Fair Value (Tables)
3 Months Ended
Mar. 31, 2014
Mortgage Loans Held-for-Investment, 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 March 31, 2014 and December 31, 2013:
(in thousands)
March 31,
2014
 
December 31,
2013
Unpaid principal balance
$
799,258

 
$
812,538

Fair value adjustment
(18,173
)
 
(20,148
)
Carrying value
$
781,085

 
$
792,390