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TRANSACTIONS WITH AFFILIATES AND AFFILIATED ENTITIES (Details Narrative) (USD $)
In Thousands, unless otherwise specified
12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Jun. 27, 2013
Agency RMBS
Dec. 31, 2013
Agency RMBS
Dec. 31, 2012
Agency RMBS
Mar. 06, 2014
Non-Agency RMBS
Dec. 31, 2013
Non-Agency RMBS
Dec. 31, 2012
Non-Agency RMBS
Dec. 31, 2013
Manager
Dec. 31, 2012
Manager
Dec. 31, 2013
Nationstar
Non-Agency RMBS
Dec. 31, 2012
Nationstar
Non-Agency RMBS
Management fee rate (percent) 1.50% 1.50%             1.50% 1.50%    
Incentive compensation percentage                 25.00%      
Interest rate for incentive compensation                 10.00%      
Face amount of securities purchased     $ 22,700 $ 608,900   $ 625,000 $ 1,300,000 $ 193,800        
Purchase of real estate securities 605,114   1,200 645,500   553,000 835,600 121,300        
Outstanding face amount 2,186,996 [1]     1,314,130 [2] 433,510 [2],[3]   872,866 433,510     848,600 433,500
Unpaid principal balance of underlying loans                     $ 17,100,000 $ 5,700,000
[1] The total outstanding face amount was $6.6 million for fixed rate securities and $2.2 billion for floating rate securities.
[2] Includes securities issued or guaranteed by U.S. Government agencies such as the Federal National Mortgage Association ("Fannie Mae") or the Federal Home Loan Mortgage Corporation ("Freddie Mac").
[3] The total outstanding face amount of fixed rate securities was $1.1 million, and of floating rate securities was $432.4 million.