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Fair Value of Financial Instruments (Details 2) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Total realized and unrealized (losses) gains:        
Net accretion     $ 23,484 $ 25,064
Total realized and unrealized (losses) gains:        
Net accretion     23,484 25,064
Level III
       
Changes in financial assets classified as Level III        
Balance at the beginning of the period   233,456   470,327
Total realized and unrealized (losses) gains:        
Net accretion 5,940 5,924 17,846 12,548
Purchases / Originations   95,814   203,433
Sales   (9,425)   (158,177)
Deconsolidations of VIEs     (584,804)  
Balance at the end of the period   337,900   337,900
Amount of total (losses) gains included in earnings attributable to assets still held at period end (4,028,234)   (7,714,797)  
Changes in financial instruments classified as Level III        
Balance at the beginning of the period 95,764,934   333,153  
Acquisition of LNR     89,471,477  
Total realized and unrealized (losses) gains:        
Included in earnings: Change in fair value (4,016,254)   (7,712,129)  
Included in earnings: Impairment (52)   (453)  
Included in other comprehensive income 5,316   5,352  
Net accretion 5,940 5,924 17,846 12,548
Purchases / Originations 481,339   892,137  
Sales (375,204)   (874,323)  
Issuances (8,760)   (8,760)  
Cash repayments / receipts (19,503)   27,475  
Transfers into level 3 (83,708)   (460,906)  
Transfers out of level 3 483,608   636,291  
Consolidations of VIEs 4,290,074   14,784,360  
Deconsolidations of VIEs (153)   (583,943)  
Balance at the end of the period 96,527,577   96,527,577  
Amount of total (losses) gains included in earnings attributable to assets still held at period end (4,028,234)   (7,714,797)  
VIE liabilities | Level III
       
Changes in financial liabilities classified as Level III        
Balance at the beginning of the period (2,334,660)      
Acquisition of LNR     (1,994,243)  
Total realized and unrealized (losses) gains:        
Included in earnings: Change in fair value 239,094   333,542  
Issuances (8,760)   (8,760)  
Cash repayments / receipts (5,041)   74,694  
Transfers into Level III (88,806)   (578,319)  
Transfers out of Level III 483,608   636,291  
Consolidations of VIEs (69,075)   (247,706)  
Deconsolidations of VIEs     861  
Balance at the end of the period (1,783,640)   (1,783,640)  
Amount of total (losses) gains included in earnings attributable to assets still held at period end 239,094   333,542  
Loans Held-for-sale | Level III
       
Changes in financial assets classified as Level III        
Balance at the beginning of the period 171,176     128,593
Acquisition of LNR     256,502  
Total realized and unrealized (losses) gains:        
Included in earnings: Change in fair value 25,856   26,315  
Purchases / Originations 457,468   848,137  
Sales (375,204)   (851,539) (132,128)
Cash repayments / receipts (175)   (294)  
Balance at the end of the period 279,121   279,121  
Amount of total (losses) gains included in earnings attributable to assets still held at period end 6,011   6,011  
RMBS | Level III
       
Changes in financial assets classified as Level III        
Balance at the beginning of the period 319,655   333,153  
Total realized and unrealized (losses) gains:        
Included in earnings: Change in fair value     2,129  
Included in earnings: Impairment (52)   (453)  
Included in other comprehensive income 4,842   2,970  
Net accretion 5,940   17,846  
Purchases / Originations     20,090  
Sales     (12,712)  
Cash repayments / receipts (14,124)   (46,762)  
Balance at the end of the period 316,261   316,261  
Amount of total (losses) gains included in earnings attributable to assets still held at period end 7,057   21,363  
Total realized and unrealized (losses) gains:        
Net accretion 5,940   17,846  
CMBS | Level III
       
Changes in financial assets classified as Level III        
Balance at the beginning of the period 164,399      
Acquisition of LNR     62,432  
Total realized and unrealized (losses) gains:        
Included in earnings: Change in fair value 4,620   3,452  
Included in other comprehensive income 474   2,382  
Purchases / Originations 23,871   23,910  
Sales     (10,072)  
Cash repayments / receipts (163)   (163)  
Transfers into Level III 5,098   117,413  
Consolidations of VIEs     (1,208)  
Deconsolidations of VIEs (153)      
Balance at the end of the period 198,146   198,146  
Amount of total (losses) gains included in earnings attributable to assets still held at period end 5,428   1,854  
Domestic Servicing Rights | Level III
       
Changes in financial assets classified as Level III        
Balance at the beginning of the period 159,891      
Acquisition of LNR     156,993  
Total realized and unrealized (losses) gains:        
Included in earnings: Change in fair value (1,868)   1,030  
Balance at the end of the period 158,023   158,023  
Amount of total (losses) gains included in earnings attributable to assets still held at period end (1,868)   1,030  
VIE assets | Level III
       
Changes in financial assets classified as Level III        
Balance at the beginning of the period 97,284,473      
Acquisition of LNR     90,989,793  
Total realized and unrealized (losses) gains:        
Included in earnings: Change in fair value (4,283,956)   (8,078,597)  
Consolidations of VIEs 4,359,149   15,033,274  
Deconsolidations of VIEs     (584,804)  
Balance at the end of the period 97,359,666   97,359,666  
Amount of total (losses) gains included in earnings attributable to assets still held at period end $ (4,283,956)   $ (8,078,597)