Fair Value Measurements (Tables)

12 Months Ended

Dec. 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
	December 31, 2015										December 31, 2014
	Level 1		Level 2			Level 3		Total			Level 1		Level 2			Level 3		Total
Assets
Mortgage-backed securities	$	—	$	195,391		$	—	$	195,391		$	—	$	168,934		$	—	$	168,934
Derivative instruments	—		15,314			—		15,314			—		5,238			—		5,238
Total	$	—	$	210,705		$	—	$	210,705		$	—	$	174,172		$	—	$	174,172
Liabilities
Derivative instruments	$	—	$	(30,497	)	$	—	$	(30,497	)	$	—	$	(28,688	)	$	—	$	(28,688	)
Total	$	—	$	(30,497	)	$	—	$	(30,497	)	$	—	$	(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.

	December 31, 2015						December 31, 2014
	Fair Value		Carrying Value		Difference		Fair Value		Carrying Value		Difference
Earning assets
Loans held for investment, net	$	12,343,726	$	11,630,591	$	713,135	$	10,228,399	$	9,509,786	$	718,613
Cash and cash equivalents	2,416,219		2,416,219		—		2,359,780		2,359,780		—
Available for sale investments	195,391		195,391		—		168,934		168,934		—
Accrued interest receivable	564,496		564,496		—		469,697		469,697		—
Tax indemnification receivable	186,076		186,076		—		240,311		240,311		—
Derivative instruments	15,314		15,314		—		5,238		5,238		—
Total earning assets	$	15,721,222	$	15,008,087	$	713,135	$	13,472,359	$	12,753,746	$	718,613
Interest-bearing liabilities
Money-market and savings accounts	$	5,556,254	$	5,556,254	$	—	$	5,231,736	$	5,231,736	$	—
Certificates of deposit	5,928,450		5,931,453		3,003		5,313,645		5,308,818		(4,827		)
Short-term borrowings	500,175		500,175		—		—		—		—
Long-term borrowings	567,468		579,101		11,633		—		—		—
Accrued interest payable	16,385		16,385		—		16,082		16,082		—
Derivative instruments	30,497		30,497		—		28,688		28,688		—
Total interest-bearing liabilities	$	12,599,229	$	12,613,865	14,636		$	10,590,151	$	10,585,324	$	(4,827	)
Excess of net asset fair value over carrying value					$	727,771					$	713,786