FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2013

Investments, All Other Investments [Abstract]

Fair Value, by Balance Sheet Grouping [Table Text Block]

	June 30, 2013								December 31, 2012
	Carrying		Fair Value						Carrying
(in thousands)	Amount		Level 1		Level 2		Level 3		Amount		Fair Value
Assets:
Investments in preferred stock	$	31,371	$	–	$	–	$	36,613	$	31,371	$	35,807
Loans receivable		1,110		–		–		333		1,072		383
Liabilities:
Senior interests in and debt owed to securitization trusts		577,107		–		577,245		–		589,592		589,778
Notes payable and other debt, bond related		53,503		–		–		53,471		57,729		59,001
Notes payable and other debt, non-bond related		75,793		–		–		68,252		56,985		48,696
Subordinate debentures issued by MFH		111,574		–		42,869		–		164,500		47,219
Subordinate debentures issued by MMH II		29,827		–		–		29,827		30,000		30,000
Mandatorily redeemable preferred shares		121,000		–		121,000		–		88,720		91,517
Liabilities of CFVs:
Notes payable		49,903		–		49,706		35		55,433		55,580