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Acquired Property Net
 6 Months Ended
Jun. 30, 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 June 30,
 
For the Six Months Ended June 30,
 
 
2015
 
2014
 
2015
 
2014
 
 
(Dollars in millions)
Beginning balance — Acquired property
 
$
10,348

 
$
12,744

 
$
11,442

 
$
12,307

Additions
 
2,431

 
3,425

 
5,366

 
7,197

Disposals
 
(3,580
)
 
(3,873
)
 
(7,609
)
 
(7,208
)
Ending balance — Acquired property
 
9,199

 
12,296

 
9,199

 
12,296

Beginning balance — Valuation allowance
 
(830
)
 
(784
)
 
(824
)
 
(686
)
Decrease (increase) in valuation allowance
 
137

 
48

 
131

 
(50
)
Ending balance — Valuation allowance
 
(693
)
 
(736
)
 
(693
)
 
(736
)
Ending balance — Acquired property, net
 
$
8,506

 
$
11,560

 
$
8,506

 
$
11,560