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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 3) - USD ($)
1 Months Ended 3 Months Ended 4 Months Ended 8 Months Ended 12 Months Ended
Apr. 30, 2014
Mar. 31, 2014
Apr. 30, 2014
Dec. 31, 2014
Dec. 31, 2015
Predecessor Company          
Reconciliation of liabilities measured on Level 3 basis          
Transfers from Level 1 into Level 2 $ 0   $ 0    
Transfers from Level 2 into Level 1 0   0    
Predecessor Company | Other Securities, at Estimated Fair Value          
Reconciliation of assets measured on Level 3 basis          
Balance at the beginning of the period 125,511,000 $ 107,530,000 107,530,000 $ 125,990,000  
Included in earnings 479,000 3,059,000      
Included in other comprehensive income 0 0      
Transfers into Level 3 0 0      
Transfers out of Level 3 0 0      
Purchases 0 25,000,000      
Sales 0 0      
Settlements 0 (10,078,000)      
Balance at the end of the period 125,990,000 125,511,000 125,990,000    
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period     2,683,000    
Predecessor Company | Residential Mortgage- Backed Securities          
Reconciliation of assets measured on Level 3 basis          
Balance at the beginning of the period 58,753,000 76,004,000 76,004,000 59,623,000  
Included in earnings 1,416,000 3,088,000      
Included in other comprehensive income 0 0      
Transfers into Level 3 0 0      
Transfers out of Level 3 0 0      
Purchases 0 0      
Sales 0 (17,810,000)      
Settlements (546,000) (2,529,000)      
Balance at the end of the period 59,623,000 58,753,000 59,623,000    
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period     5,242,000    
Predecessor Company | Corporate loans, at estimated fair value          
Reconciliation of assets measured on Level 3 basis          
Balance at the beginning of the period 153,395,000 152,800,000 152,800,000 156,907,000  
Included in earnings 1,240,000 (5,123,000)      
Included in other comprehensive income 0 0      
Transfers into Level 3 0 0      
Transfers out of Level 3 0 0      
Purchases 0 8,822,000      
Sales 0 0      
Settlements 2,272,000 (3,104,000)      
Balance at the end of the period 156,907,000 153,395,000 156,907,000    
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period     4,445,000    
Predecessor Company | Equity Investments, at Estimated Fair Value          
Reconciliation of assets measured on Level 3 basis          
Balance at the beginning of the period 258,977,000 138,059,000 138,059,000 152,070,000  
Included in earnings 12,126,000 9,076,000      
Included in other comprehensive income 0 0      
Transfers into Level 3 0 0      
Transfers out of Level 3 (119,033,000) (8,751,000)      
Purchases 0 0      
Sales 0 0      
Settlements 0 120,593,000      
Balance at the end of the period 152,070,000 258,977,000 152,070,000    
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period     20,499,000    
Predecessor Company | Interests in Joint Ventures and Partnerships          
Reconciliation of assets measured on Level 3 basis          
Balance at the beginning of the period 494,420,000 415,247,000 415,247,000 470,693,000  
Included in earnings (24,158,000) 22,377,000      
Included in other comprehensive income 0 0      
Transfers into Level 3 0 0      
Transfers out of Level 3 0 0      
Purchases 1,615,000 42,683,000      
Sales 0 0      
Settlements (1,184,000) 14,113,000      
Balance at the end of the period 470,693,000 494,420,000 470,693,000    
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period     (1,781,000)    
Predecessor Company | Foreign Exchange Options, Net          
Reconciliation of assets measured on Level 3 basis          
Balance at the beginning of the period 8,128,000 8,941,000 8,941,000 8,854,000  
Included in earnings 726,000 (813,000)      
Included in other comprehensive income 0 0      
Transfers into Level 3 0 0      
Transfers out of Level 3 0 0      
Purchases 0 0      
Sales 0 0      
Settlements 0 0      
Balance at the end of the period 8,854,000 8,128,000 8,854,000    
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period     (87,000)    
Predecessor Company | Options          
Reconciliation of assets measured on Level 3 basis          
Balance at the beginning of the period 6,492,000 6,794,000 6,794,000 6,684,000  
Included in earnings 192,000 (302,000)      
Included in other comprehensive income 0 0      
Transfers into Level 3 0 0      
Transfers out of Level 3 0 0      
Purchases 0 0      
Sales 0 0      
Settlements 0 0      
Balance at the end of the period 6,684,000 6,492,000 6,684,000    
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period     (110,000)    
Predecessor Company | Securities Available- For-Sale          
Reconciliation of assets measured on Level 3 basis          
Balance at the beginning of the period 23,528,000 23,401,000 23,401,000 30,510,000  
Included in earnings 44,000 22,000      
Included in other comprehensive income 33,000 121,000      
Transfers into Level 3 6,937,000 0      
Transfers out of Level 3 0 0      
Purchases 0 0      
Sales 0 0      
Settlements (32,000) (16,000)      
Balance at the end of the period 30,510,000 $ 23,528,000 30,510,000    
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period     66,000    
Successor Company          
Reconciliation of liabilities measured on Level 3 basis          
Transfers from Level 1 into Level 2         $ 0
Transfers from Level 2 into Level 1         0
Successor Company | Collateralized Loan Obligation Secured Notes          
Reconciliation of liabilities measured on Level 3 basis          
Balance at the beginning of the period       5,663,665,000 5,501,099,000
Included in earnings       (4,123,000) 0
Transfers into Level 3       0 0
Transfers out of level 3       0 (5,501,099,000)
Purchases       885,983,000 0
Sales       0 0
Settlements       (1,044,426,000) 0
Balance at the end of the period 5,663,665,000   5,663,665,000 5,501,099,000 0
Change in unrealized gains or losses for the period included in earnings for liabilities held at the end of the reporting period       (4,393,000) 0
Successor Company | Corporate Debt Securities          
Reconciliation of assets measured on Level 3 basis          
Balance at the beginning of the period       156,500,000 317,034,000
Included in earnings       (16,973,000) (37,716,000)
Transfers into Level 3       0 0
Transfers out of Level 3       0 0
Purchases       83,402,000 10,001,000
Sales       (26,433,000) (98,539,000)
Settlements       120,538,000 4,206,000
Balance at the end of the period 156,500,000   156,500,000 317,034,000 194,986,000
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period       (16,787,000) (45,488,000)
Successor Company | Residential Mortgage- Backed Securities          
Reconciliation of assets measured on Level 3 basis          
Balance at the beginning of the period       59,623,000 55,184,000
Included in earnings       4,981,000 8,398,000
Transfers into Level 3       0 0
Transfers out of Level 3       0 0
Purchases       0 0
Sales       0 0
Settlements       (9,420,000) (13,961,000)
Balance at the end of the period 59,623,000   59,623,000 55,184,000 49,621,000
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period       386,000 2,273,000
Successor Company | Corporate loans, at estimated fair value          
Reconciliation of assets measured on Level 3 basis          
Balance at the beginning of the period       294,218,000 347,077,000
Included in earnings       (15,346,000) (69,384,000)
Transfers into Level 3       66,250,000 0
Transfers out of Level 3       0 0
Purchases       2,588,000 12,775,000
Sales       (2,912,000) (25,511,000)
Settlements       2,279,000 33,777,000
Balance at the end of the period 294,218,000   294,218,000 347,077,000 298,734,000
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period       (15,305,000) (67,368,000)
Successor Company | Equity Investments, at Estimated Fair Value          
Reconciliation of assets measured on Level 3 basis          
Balance at the beginning of the period       157,765,000 81,719,000
Included in earnings       (2,005,000) (42,472,000)
Transfers into Level 3       0 0
Transfers out of Level 3       (1,230,000) 0
Purchases       0 0
Sales       (17,535,000) 0
Settlements       (55,276,000) 107,401,000
Balance at the end of the period 157,765,000   157,765,000 81,719,000 146,648,000
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period       (791,000) (41,776,000)
Successor Company | Interests in Joint Ventures and Partnerships          
Reconciliation of assets measured on Level 3 basis          
Balance at the beginning of the period       472,467,000 718,772,000
Included in earnings       (102,158,000) (141,386,000)
Transfers into Level 3       0 0
Transfers out of Level 3       0 0
Purchases       90,566,000 351,184,000
Sales       (13,795,000) 0
Settlements       271,692,000 (40,162,000)
Balance at the end of the period 472,467,000   472,467,000 718,772,000 888,408,000
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period       (106,215,000) (141,386,000)
Successor Company | Foreign Exchange Options, Net          
Reconciliation of assets measured on Level 3 basis          
Balance at the beginning of the period       8,854,000 0
Included in earnings       (8,854,000) 2,887,000
Transfers into Level 3       0 0
Transfers out of Level 3       0 0
Purchases       0 0
Sales       0 0
Settlements       0 0
Balance at the end of the period 8,854,000   8,854,000 0 2,887,000
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period       0 2,887,000
Successor Company | Warrants          
Reconciliation of assets measured on Level 3 basis          
Balance at the beginning of the period         0
Included in earnings         (2,412,000)
Transfers into Level 3         0
Transfers out of Level 3         0
Purchases         0
Sales         0
Settlements         2,412,000
Balance at the end of the period       0 0
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period         (2,412,000)
Successor Company | Options          
Reconciliation of assets measured on Level 3 basis          
Balance at the beginning of the period       6,684,000 5,212,000
Included in earnings       (1,472,000) (5,117,000)
Transfers into Level 3       0 0
Transfers out of Level 3       0 0
Purchases       0 0
Sales       0 0
Settlements       0 0
Balance at the end of the period $ 6,684,000   $ 6,684,000 5,212,000 95,000
Change in unrealized gains or losses for the period included in earnings for assets held at the end of the reporting period       $ (1,472,000) $ (5,117,000)