INVESTMENT IN RESIDENTIAL MORTGAGE LOANS (Tables)

3 Months Ended

Mar. 31, 2013

Investment In Residential Mortgage Loans Tables

Schedule of Residential Mortgage Loans

The following is a summary of residential mortgage loans at March 31, 2013, all of which are classified as held for investment:

Loan Type	Outstanding Face Amount		Carrying Value		Loan Count		Wtd. Avg. Yield			Wtd. Avg. Coupon (A)			Wtd. Avg. Maturity (Years) (B)		Floating Rate Loans as a % of Face Amount			Delinquent Face Amount
Reverse Mortgage Loans	$	58,586	$	35,484		331		11.81	%		5.15	%		3.9		21.0	%	N/A

(A)	Represents the stated interest rate on the loans.
(B)	The weighted average maturity is based on the expected timing of the receipt of cash flows.

Schedule of Activity in Carrying Value of Residential Mortgage Loans

Activities related to the carrying value of residential mortgage loans are as follows:

	For the Three Months Ended March 31, 2013
Balance at December 31, 2012	$	—
Purchases/additional fundings		35,138
Accretion of loan discount and other amortization		346
Balance at March 31, 2013	$	35,484