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Fair Value (Schedule of Financial Instruments Utilizing Level 3 Inputs) (Details) (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Servicing Asset at Fair Value, Amount [Roll Forward]    
Balance at beginning of year     
Acquisition of MSRs in connection with purchase of GMFS 32,300,337us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance  
Additions due to loans sold, servicing retained 2,763,014us-gaap_ServicingAssetAtFairValueAdditions  
Fair value adjustment:    
Changes in assumptions (1,420,925)us-gaap_AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions [1],[2]  
Other changes (263,448)us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue [2],[3]  
Balance at December 31, 2014 33,378,978us-gaap_ServicingAssetAtFairValueAmount  
Loan Purchase Commitments [Member]    
Derivatives:    
Beginning balance     
Acquisition of GMFS     
Change in unrealized gain or loss 4,037us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_LoanPurchaseCommitmentsMember
 
Ending balance 4,037us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_LoanPurchaseCommitmentsMember
 
Interest Rate Lock Commitments [Member]    
Derivatives:    
Beginning balance     
Acquisition of GMFS 2,702,954us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateLockCommitmentsMember
 
Change in unrealized gain or loss (221,891)us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateLockCommitmentsMember
 
Ending balance 2,481,063us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateLockCommitmentsMember
 
Mortgage Loans Held for Investment [Member]    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Beginning balance 331,785,542us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_MortgageReceivablesMember
  
Total net transfers into/out of Level 3      
Acquisitions 85,579,169us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_MortgageReceivablesMember
334,162,044us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_MortgageReceivablesMember
Proceeds from sales      
Net accretion of discounts 7,497,341us-gaap_InvestmentIncomeAmortizationOfDiscount
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_MortgageReceivablesMember
3,059,231us-gaap_InvestmentIncomeAmortizationOfDiscount
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_MortgageReceivablesMember
Proceeds from principal repayments (31,759,326)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_MortgageReceivablesMember
(13,871,059)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_MortgageReceivablesMember
Conversion of mortgage loans to REO (1,796,028)us-gaap_TransferToOtherRealEstate
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_MortgageReceivablesMember
  
Total losses (realized / unrealized) included in earnings (8,250,003)zfc_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLossesIncludedInEarnings
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_MortgageReceivablesMember
(6,344,877)zfc_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLossesIncludedInEarnings
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_MortgageReceivablesMember
Total gains (realized / unrealized) included in earnings 32,903,143zfc_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainsIncludedInEarnings
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_MortgageReceivablesMember
14,780,203zfc_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainsIncludedInEarnings
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_MortgageReceivablesMember
Ending balance 415,959,838us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_MortgageReceivablesMember
331,785,542us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_MortgageReceivablesMember
The amount of total gains or (losses) for the period included in earnings attributable to the change in unrealized gains or losses relating to assets or liabilities still held at the reporting date 22,957,500us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_MortgageReceivablesMember
7,136,482us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_MortgageReceivablesMember
Real Estate Securities [Member]    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Beginning balance 226,155,221us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
100,911,651us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Total net transfers into/out of Level 3      
Acquisitions 47,034,327us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
234,397,506us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Proceeds from sales (102,635,229)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
(68,190,593)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Net accretion of discounts 5,528,538us-gaap_InvestmentIncomeAmortizationOfDiscount
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
3,727,702us-gaap_InvestmentIncomeAmortizationOfDiscount
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Proceeds from principal repayments (28,197,740)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
(39,338,730)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Conversion of mortgage loans to REO      
Total losses (realized / unrealized) included in earnings (6,694,487)zfc_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLossesIncludedInEarnings
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
(9,138,009)zfc_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLossesIncludedInEarnings
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Total gains (realized / unrealized) included in earnings 7,395,103zfc_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainsIncludedInEarnings
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
3,785,694zfc_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainsIncludedInEarnings
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Ending balance 148,585,733us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
226,155,221us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
The amount of total gains or (losses) for the period included in earnings attributable to the change in unrealized gains or losses relating to assets or liabilities still held at the reporting date (1,039,499)us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
(2,822,969)us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_ResidentialMortgageBackedSecuritiesMember
Other Investment Securities [Member]    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Beginning balance     
Total net transfers into/out of Level 3     
Acquisitions 12,926,953us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_OtherDebtSecuritiesMember
 
Proceeds from sales (11,067,378)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_OtherDebtSecuritiesMember
 
Net accretion of discounts 180,438us-gaap_InvestmentIncomeAmortizationOfDiscount
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_OtherDebtSecuritiesMember
 
Proceeds from principal repayments     
Conversion of mortgage loans to REO     
Total losses (realized / unrealized) included in earnings (226,224)zfc_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLossesIncludedInEarnings
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_OtherDebtSecuritiesMember
 
Total gains (realized / unrealized) included in earnings 226,743zfc_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainsIncludedInEarnings
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_OtherDebtSecuritiesMember
 
Ending balance 2,040,532us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_OtherDebtSecuritiesMember
 
The amount of total gains or (losses) for the period included in earnings attributable to the change in unrealized gains or losses relating to assets or liabilities still held at the reporting date (226,224)us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_OtherDebtSecuritiesMember
 
Mortgage Servicing Rights [Member]    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
The amount of total gains or (losses) for the period included in earnings attributable to the change in unrealized gains or losses relating to assets or liabilities still held at the reporting date (1,420,925)us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
/ us-gaap_FairValueByAssetClassAxis
= zfc_MortgageServicingRightsMember
 
Servicing Asset at Fair Value, Amount [Roll Forward]    
Balance at beginning of year     
Acquisition of MSRs in connection with purchase of GMFS 32,300,337us-gaap_ServicingAssetAtFairValueOtherChangesThatAffectBalance
/ us-gaap_FairValueByAssetClassAxis
= zfc_MortgageServicingRightsMember
 
Additions due to loans sold, servicing retained 2,763,014us-gaap_ServicingAssetAtFairValueAdditions
/ us-gaap_FairValueByAssetClassAxis
= zfc_MortgageServicingRightsMember
 
Fair value adjustment:    
Changes in assumptions (1,420,925)us-gaap_AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions
/ us-gaap_FairValueByAssetClassAxis
= zfc_MortgageServicingRightsMember
[1],[4]  
Other changes (263,448)us-gaap_ServicingAssetAtFairValueOtherChangesInFairValue
/ us-gaap_FairValueByAssetClassAxis
= zfc_MortgageServicingRightsMember
[4],[5]  
Balance at December 31, 2014 $ 33,378,978us-gaap_ServicingAssetAtFairValueAmount
/ us-gaap_FairValueByAssetClassAxis
= zfc_MortgageServicingRightsMember
 
[1] Primarily reflects changes in prepayment assumptions due to changes in interest rates and discount rates.
[2] Included in change in fair value of MSRs in the Company's consolidated statements of operations.
[3] Represents decrease in value due to passage of time, including the impact from both regularly scheduled loan principal payments and loans that were paid off during the period.
[4] Included in change in fair value of MSRs on the consolidated statements of operations.
[5] Represents decrease in value due to passage of time, including the impact from both regularly scheduled loan principal payments and loans that were paid down or paid off during the period.