XML 90 R13.htm IDEA: XBRL DOCUMENT v2.4.1.9
Acquired Property Net
 3 Months Ended
Mar. 31, 2015
Real Estate [Abstract]  
Acquired Property, Net
Acquired Property, Net
Acquired property, net consists of held-for-sale foreclosed property received in satisfaction of a loan, net of a valuation allowance for declines in the fair value of the properties after initial acquisition. We classify properties as held for sale when we intend to sell the property and are actively marketing it for sale. The following table displays the activity in acquired property, and the related valuation allowance, for the three months ended March 31, 2015 and 2014.
 
For the Three Months Ended March 31,
 
2015
 
2014
 
(Dollars in millions)
Beginning balance — Acquired property
$
11,442

 
$
12,307

Additions
2,935

 
3,772

Disposals
(4,029
)
 
(3,335
)
Ending balance — Acquired property
10,348

 
12,744

Beginning balance — Valuation allowance
(824
)
 
(686
)
Increase in valuation allowance
(6
)
 
(98
)
Ending balance — Valuation allowance
(830
)
 
(784
)
Ending balance — Acquired property, net
$
9,518

 
$
11,960