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Other Assets
12 Months Ended
Dec. 31, 2015
Prepaid Expense And Other Assets [Abstract]  
OtherAssetsDisclosureTextBlock

The composition of other assets at December 31, 2015 and 2014 follows:

(in thousands)
20152014
Prepaid expenses$499$265
Servicing advances546699
Servicing sale receivable, including accrued interest308465
Investment in Bimini Capital Trust II804804
Due from affiliates465330
Other80397
Total other assets$2,702$2,960

Receivables are carried at their estimated collectible amounts. The Company maintains allowances for doubtful accounts for estimated losses resulting from the inability of the counterparty to make required payments, if any. Management considers the following factors when determining the collectability of specific accounts: past transaction activity, current economic conditions and changes in payment terms. Amounts that the Company determines are no longer collectible are written off. As of December 31, 2015 and 2014, management determined that no allowance for doubtful accounts was necessary. Collections on amounts previously written off are included in income as received.