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Secured Financing Agreements (Details) (USD $)
3 Months Ended 6 Months Ended 6 Months Ended 6 Months Ended 6 Months Ended 6 Months Ended 6 Months Ended 6 Months Ended 6 Months Ended 6 Months Ended 6 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2012
Dec. 31, 2011
Jun. 30, 2012
Starwood Property Mortgage Sub-1, L.L.C.
Wells Repurchase Agreement
Jun. 30, 2012
Starwood Property Mortgage Sub-2, L.L.C.
Second Wells Repurchase Agreement
Y
option
Jun. 30, 2012
Starwood Property Mortgage Sub-2, L.L.C.
Second Wells Repurchase Agreement
Minimum
Jun. 30, 2012
Starwood Property Mortgage Sub-2, L.L.C.
Second Wells Repurchase Agreement
Maximum
Jun. 30, 2012
Starwood Property Mortgage Sub-3, L.L.C.
Goldman Repurchase Agreement
Jun. 30, 2012
Starwood Property Mortgage Sub-3, L.L.C.
Goldman Repurchase Agreement
Minimum
Jun. 30, 2012
Starwood Property Mortgage Sub-3, L.L.C.
Goldman Repurchase Agreement
Maximum
Jun. 30, 2012
Starwood Property Mortgage, L.L.C.
Wells RMBS Repurchase Agreement
Jun. 30, 2012
Starwood Property Mortgage, L.L.C.
Wells RMBS Repurchase Agreement
Maximum
Jun. 30, 2012
Starwood Property Mortgage Sub-4, L.L.C.
Deutsche Repurchase Agreement
Y
option
Jun. 30, 2012
Starwood Property Mortgage Sub-4, L.L.C.
Deutsche Repurchase Agreement
Minimum
Jun. 30, 2012
Starwood Property Mortgage Sub-4, L.L.C.
Deutsche Repurchase Agreement
Maximum
Jun. 30, 2012
SPT Rosslyn Holdings, L.L.C.
Second Deutsche Repurchase Agreement
Jun. 30, 2012
SPT Rosslyn Holdings, L.L.C.
Second Deutsche Repurchase Agreement
Minimum
Jun. 30, 2012
SPT Rosslyn Holdings, L.L.C.
Second Deutsche Repurchase Agreement
Maximum
Jun. 30, 2012
Starwood Property Mortgage Sub-6, L.L.C.
Citibank, N.A. Repurchase Agreement
Y
option
Jun. 30, 2012
Starwood Property Mortgage Sub-6, L.L.C.
Citibank, N.A. Repurchase Agreement
Minimum
Jun. 30, 2012
Starwood Property Mortgage Sub-6, L.L.C.
Citibank, N.A. Repurchase Agreement
Maximum
Jun. 30, 2012
SPT Real Estate Sub II, LLC
BAML Credit agreement
M
Jun. 30, 2012
SPT Real Estate Sub II, LLC
BAML Credit agreement
LIBOR
Jun. 30, 2012
SPT Real Estate Sub II, LLC
BAML Credit agreement
LIBOR
Minimum
Jun. 30, 2012
SPT Real Estate Sub II, LLC
BAML Credit agreement
LIBOR
Maximum
Jun. 30, 2012
SPT Real Estate Sub II, LLC
BAML Credit agreement
Base rate
Jun. 30, 2012
SPT Real Estate Sub II, LLC
BAML Credit agreement
Base rate
Minimum
Jun. 30, 2012
SPT Real Estate Sub II, LLC
BAML Credit agreement
Base rate
Maximum
Jun. 30, 2012
Starwood Property Mortgage Sub-7, LLC
Second Goldman Repurchase Agreement
Mar. 06, 2012
Starwood Property Mortgage Sub-7, LLC
Second Goldman Repurchase Agreement
Jun. 30, 2012
Starwood Property Mortgage Sub-5, L.L.C.
Fourth Wells Repurchase Agreement
option
unit
Y
Debt Instrument:                                                              
Loan portfolio collateralized       $ 105,200,000                                                      
Asset purchase capacity         550,000,000     150,000,000     175,000,000   150,000,000     117,400,000     125,000,000     244,400,000                 206,100,000
Increase in asset purchase capacity         200,000,000                                                    
Pricing rate, basis       one-month LIBOR one-month LIBOR     one-month LIBOR     one-month LIBOR   one-month LIBOR     one-month LIBOR     one-month LIBOR       LIBOR     base rate     one-month LIBOR   one-month LIBOR
Pricing margin (as a percent)       3.00%   1.75% 6.00%   1.95% 2.25%   2.10%   1.85% 2.50%   3.50% 5.00% 2.25% 1.75% 3.75%     2.35% 2.50%   1.35% 1.50% 2.90%   2.75%
Additional pricing margin in event of default (as a percent)       4.00% 4.00%     2.00%     4.00%   4.00%     5.00%           2.00%                  
Debt outstanding 1,065,388,000 1,065,388,000 1,103,517,000 69,400,000 264,400,000           128,300,000                     125,000,000             152,800,000 222,800,000 206,100,000
Carrying value of collateral       105,200,000 826,300,000           210,500,000                     370,400,000             208,000,000   274,700,000
Maximum liability guaranteed (as a percent)       25.00%   25.00% 100.00% 25.00%         25.00%                                    
Maximum liability guaranteed                         20,000,000                                    
Number of extension options         2               2           3                       2
Extended term (in years/months)         1               1           1     12                 1
Number of properties collateralizing loans originated or acquired                                                             23
Acquisitions/Origination 219,657,000 433,345,000                                       81,000,000             155,400,000    
Maturity period (in years)                                                             3
Commitment fee (as a percent)                                                             0.50%
Extension fee percentage for each year if the overall facility is extended beginning in December 2014                                                             0.25%
Guaranteed liability subject to currently outstanding repurchase price for all purchased assets (as a percent)                                     25.00%                       60.00%
Guaranteed liability subject to outstanding balance of any individual repurchase transaction (as a percent)                                                             100.00%
Operating cash flows as percentage of collateral loan receivable for which the company guarantees 100% of the outstanding repurchase price, maximum                                                             15.00%
Amount of loan under credit agreement                                           244,400,000                  
Repayment of secured financings                                                              
2012 (remaining) 46,624,000 46,624,000                                                          
2013 490,826,000 490,826,000                                                          
2014 183,125,000 183,125,000                                                          
2015 344,813,000 344,813,000                                                          
2016 and thereafter 0 0                                                          
Total $ 1,065,388,000 $ 1,065,388,000