XML 33 R19.htm IDEA: XBRL DOCUMENT

Residential Collateralized Debt Obligations	12 Months Ended
Residential Collateralized Debt Obligations	Dec. 31, 2015
Debt Disclosure [Abstract]
Residential Collateralized Debt Obligations	Residential Collateralized Debt Obligations The Company’s Residential CDOs, which are recorded as liabilities on the Company’s consolidated balance sheets, are secured by ARM loans pledged as collateral, which are recorded as assets of the Company. As of December 31, 2015 and 2014, the Company had Residential CDOs outstanding of $116.7 million and $145.5 million, respectively. As of December 31, 2015 and 2014, the current weighted average interest rate on these CDOs was 0.8% and 0.55%, respectively. The Residential CDOs are collateralized by ARM loans with a principal balance of $122.5 million and $152.3 million at December 31, 2015 and 2014, respectively. The Company retained the owner trust certificates, or residual interest for three securitizations, and, as of December 31, 2015 and 2014, had a net investment in the residential securitization trusts of $4.4 million and $5.6 million, respectively.