Mortgage Loans Held For Investment (Tables)

12 Months Ended

Dec. 31, 2014

Investments Debt And Equity Securities [Abstract]

Components for Mortgage Loan Portfolio

The following table provides additional data on our mortgage loan portfolio at December 31, 2014.

	December 31, 2014			December 31, 2013
		Portfolio			Portfolio
	Portfolio Range	Weighted Average		Portfolio Range	Weighted Average
Unpaid principal balance	$447 to $1,332	$	790	n/a	n/a
Interest rate	2.75% to 3.75%		3.43%	n/a	n/a
Maturity	6/2044 to 12/2044	9/2044		n/a	n/a
FICO score at loan origination	705 to 813	762		n/a	n/a
Loan-to-value ratio at loan origination	28% to 80%		65%	n/a	n/a

Reconciliation of Mortgage Loans Held for Investment

The following table presents the reconciliation of mortgage loans held for investment.

	Years Ended December 31
	2014			2013		2012
Fair value, beginning of period	$	-		$	-	$	-
Gains included in net income:		-			-		-
Interest income		35			-		-
Gain on mortgage loans held for investment		8			-		-
Total gains included in net income		43			-		-
Settlements		(46	)		-		-
Sales		-			-		-
Purchases		31,463			-		-
Fair value, end of period	$	31,460		$	-	$	-

Schedule of Unobservable Inputs Used in Level 3 Valuation of Mortgage Loans Held for Investment

The following table provides information about the significant unobservable inputs used in the Level 3 valuation of the Company’s mortgage loans held for investment at December 31, 2014.

		Weighted
Unobservable Input	Range	Average
Discount rate	3.6% - 3.9%		3.8	%
Conditional refinance rate	12.4% - 19.3%		15.3	%
Default rate	0% - 1.5%		0.4	%
Loss severity	10.2% - 19.9%		13.8	%