ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

12 Months Ended

Dec. 31, 2012

ACCUMULATED OTHER COMPREHENSIVE LOSS

Schedule of components of accumulated other comprehensive loss

The components of accumulated other comprehensive loss were as follows (amounts in thousands):

	As of December 31, 2012			As of December 31, 2011

Net unrealized gains on available-for-sale securities	$	17,472		$	62,248
Net unrealized losses on cash flow hedges		(87,698	)		(97,867	)

Accumulated other comprehensive loss	$	(70,226	)	$	(35,619	)

Schedule of changes in other comprehensive loss

The components of changes in other comprehensive loss were as follows (amounts in thousands):

	Year ended December 31, 2012			Year ended December 31, 2011			Year ended December 31, 2010

Unrealized losses on securities available-for-sale:
Unrealized gains (losses) arising during period	$	48,358		$	(30,799	)	$	74,521
Reclassification adjustments for gains realized in net income(1)		(93,134	)		(96,092	)		(79,718	)

Unrealized losses on securities available-for-sale		(44,776	)		(126,891	)		(5,197	)

Unrealized gains (losses) on cash flow hedges:
Unrealized gains (losses) arising during period		10,169			(42,324	)		(13,935	)

Unrealized gains (losses) on cash flow hedges		10,169			(42,324	)		(13,935	)

Total other comprehensive loss	$	(34,607	)	$	(169,215	)	$	(19,132	)

(1): Includes an impairment charge of $8.4 million, $3.7 million and $2.6 million for investments which were determined to be other-than-temporary for the years ended December 31, 2012, 2011 and 2010, respectively.

- Definition

Tabular disclosure of components of comprehensive income (loss) including, but not limited to: (a) foreign currency translation adjustments; (b) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (c) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (d) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (e) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (f) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (g) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

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