Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

Valuation of Financial Instruments that are Marked-To-Market on Recurring Basis

The following table summarizes the valuation of our financial instruments that are marked-to-fair value on a recurring basis.

	Fair Value Measurements on a Recurring Basis
	March 31, 2015										December 31, 2014
	Level 1		Level 2			Level 3		Total			Level 1		Level 2			Level 3		Total
Assets
Mortgage-backed securities	$	—	$	170,831		$	—	$	170,831		$	—	$	168,934		$	—	$	168,934
Derivative instruments	—		25,410			—		25,410			—		5,238			—		5,238
Total	$	—	$	196,241		$	—	$	196,241		$	—	$	174,172		$	—	$	174,172
Liabilities
Derivative instruments	—		(38,063		)	—		(38,063		)	$	—	$	(28,688	)	$	—	$	(28,688	)
Total	$	—	$	(38,063	)	$	—	$	(38,063	)	$	—	$	(28,688	)	$	—	$	(28,688	)

Fair Values of Financial Assets and Liabilities, Including Derivative Financial Instruments

The following table summarizes the fair values of our financial assets and liabilities, including derivative financial instruments.

	March 31, 2015							December 31, 2014
	Fair Value		Carrying Value		Difference			Fair Value		Carrying Value		Difference
Earning assets
Loans held for investment, net	$	11,878,508	$	10,909,014	$	969,494		$	10,228,399	$	9,509,786	$	718,613
Cash and cash equivalents	875,622		875,622		—			2,359,780		2,359,780		—
Available for sale investments	170,831		170,831		—			168,934		168,934		—
Accrued interest receivable	541,355		541,355		—			469,697		469,697		—
Tax indemnification receivable	227,157		227,157		—			240,311		240,311		—
Derivative instruments	25,410		25,410		—			5,238		5,238		—
Total earning assets	$	13,718,883	$	12,749,389	$	969,494		$	13,472,359	$	12,753,746	$	718,613
Interest-bearing liabilities
Money-market, savings and NOW accounts	$	5,209,320	$	5,209,320	$	—		$	5,231,736	$	5,231,736	$	—
Certificates of deposit	5,274,481		5,258,433		(16,048		)	5,313,645		5,308,818		(4,827		)
Accrued interest payable	22,624		22,624		—			16,082		16,082		—
Derivative instruments	38,063		38,063		—			28,688		28,688		—
Total interest-bearing liabilities	$	10,544,488	$	10,528,440	$	(16,048	)	$	10,590,151	$	10,585,324	$	(4,827	)
Excess of net asset fair value over carrying value					$	953,446						$	713,786