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CORPORATE LOANS (Tables)
 6 Months Ended
Jun. 30, 2016
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
Schedule of corporate loans
The following table summarizes the Company’s corporate loans as of June 30, 2016 and December 31, 2015 (amounts in thousands):
 
 
June 30, 2016
 
December 31, 2015
 
Par
 
Amortized 
Cost
 
Estimated
Fair Value
 
Par
 
Amortized 
Cost
 
Estimated
Fair Value
Corporate loans, at estimated fair value
$
4,091,360

 
$
4,073,416

 
$
3,891,823

 
$
5,722,646

 
$
5,619,815

 
$
5,188,610

Total
$
4,091,360

 
$
4,073,416

 
$
3,891,823

 
$
5,722,646

 
$
5,619,815

 
$
5,188,610
Schedule of realized and unrealized (losses) gains from corporate loans
The following tables present the Company’s realized and unrealized gains (losses) from corporate loans (amounts in thousands):
 
Three months ended June 30, 2016
 
Three months ended June 30, 2015
 
Six months ended June 30, 2016
 
Six months ended June 30, 2015
 
Net realized gains (losses)
$
(180,238
)
 
$
(6,079
)
 
$
(210,952
)
 
$
(22,261
)
 
Net (increase) decrease in unrealized losses
190,503

 
(27,450
)
 
235,426

 
54,824

 
Net realized and unrealized gains (losses)
$
10,265

 
$
(33,529
)
 
$
24,474

 
$
32,563

 
 
Schedule of corporate loans pledged as collateral
The following table summarizes the corporate loans, at estimated fair value, pledged as collateral as of June 30, 2016 and December 31, 2015 (amounts in thousands):
 
 
June 30, 2016
 
December 31, 2015
Pledged as collateral for collateralized loan obligation secured debt
$
3,639,211

 
$
4,917,123

Total
$
3,639,211

 
$
4,917,123