Fair Value Measurement (Tables)

6 Months Ended

Jun. 30, 2016

Fair Value Measurement [Abstract]

Assets Measured At Fair Value On Non-Recurring Basis

			Fair Value Measurements Using
			Quoted prices in	Significant		Total
			Active Markets	Other	Significant	Impairments (1)
		As of	for Identical	Observable	Unobservable	For the Six
		June 30,	Assets	Inputs	Inputs	Months Ended
Description		2016	(Level 1)	(Level 2)	(Level 3)	June 30, 2016
Loans measured for
impairment using the fair value
of the underlying collateral	$	5,703	-	-	5,703	93
Impaired real estate held-for-sale		4,432	-	-	4,432	2,456
Total	$	10,135	-	-	10,135	2,549

(1) Total impairments represent the amount of losses recognized during the six months ended June 30, 2016 on assets that were held and measured at fair value as of June 30, 2016.

			Fair Value Measurements Using
			Quoted prices in	Significant		Total
			Active Markets	Other	Significant	Impairments (1)
		As of	for Identical	Observable	Unobservable	For the Six
		June 30,	Assets	Inputs	Inputs	Months Ended
Description		2015	(Level 1)	(Level 2)	(Level 3)	June 30, 2015
Loans measured for
impairment using the fair value
of the underlying collateral	$	110	-	-	110	117
Impaired real estate held-for-sale
and held-for-investment		2,525	-	-	2,525	522
Total	$	2,635	-	-	2,635	639

(1) Total impairments represent the amount of losses recognized during the six months ended June 30, 2015 on assets that were held and measured at fair value as of June 30, 2015.

Quantitative Information About Significant Unobservable Inputs Within Level 3

As of June 30, 2016		Fair	Valuation	Unobservable
Description		Value	Technique	Inputs	Range (Average) (1)(2)
Loans measured for
impairment using the fair value			Fair Value of	Discount Rates and Appraised
of the underlying collateral	$	5,703	Collateral	Value less Cost to Sell	$0.2 - $0.7 million ($0.4 million)
Impaired real estate			Fair Value of
held-for-sale		4,432	Property	Asset Purchase Agreements	$0.3 - $1.5 million ($0.8 million)
Total	$	10,135

(1) Range and average appraised values were reduced by costs to sell.

(2) Average as computed by dividing the aggregate amounts by the number of loans or real estate properties.

As of June 30, 2015		Fair	Valuation	Unobservable
Description		Value	Technique	Inputs	Range (Average) (1)(2)
Loans measured for impairment				Discount Rates and
using the fair value of the			Fair Value of	Appraised Value
underlying collateral	$	110	Collateral	less Cost to Sell	$0.3 million ($0.3 million)
Impaired real estate held-for-			Fair Value of	Discount Rates and Appraised
sale and held-for-investment		2,525	Property	Value less Cost to Sell	$0.2 - $1.0 million ($0.5 million)
Total	$	2,635

(1) Range and average appraised values were reduced by costs to sell.

(2) Average was computed by dividing the aggregate appraisal amounts by the number of appraisals.

Financial Disclosures About Fair Value Of Financial Instruments

				Fair Value Measurements Using
				Quoted prices
		Carrying		in Active	Significant
		Amount	Fair Value	Markets	Other	Significant
		As of	As of	for Identical	Observable	Unobservable
		June 30,	June 30,	Assets	Inputs	Inputs
		2016	2016	(Level 1)	(Level 2)	(Level 3)
Financial assets:
Cash and cash equivalents	$	270,933	270,933	270,933	-	-
Restricted cash		58,388	58,388	58,388	-	-
Loans receivable including loans held-
for-sale, net		34,218	44,067	-	-	44,067
Notes receivable, net		417,820	530,000	-	-	530,000
Notes receivable from preferred shareholders (1)		5,000	4,500	-	-	4,500
Financial liabilities:
Receivable-backed notes payable	$	414,096	419,900	-	-	419,900
Notes and mortgage notes payable and
other borrowings		112,753	116,992	-	-	116,992
Junior subordinated debentures		151,532	106,500	-	-	106,500
Shares subject to mandatory redemption		13,303	11,900	-	-	11,900

				Fair Value Measurements Using
				Quoted prices
		Carrying		in Active	Significant
		Amount	Fair Value	Markets	Other	Significant
		As of	As of	for Identical	Observable	Unobservable
		December 31,	December 31,	Assets	Inputs	Inputs
		2015	2015	(Level 1)	(Level 2)	(Level 3)
Financial assets:
Cash and interest bearing deposits in banks	$	198,905	198,905	198,905	-	-
Restricted cash		59,365	59,365	59,365	-	-
Loans receivable including loans held-
for-sale, net		55,389	63,668	-	-	63,668
Notes receivable, net		415,598	495,000	-	-	495,000
Notes receivable from preferred shareholders (1)		5,063	4,500	-	-	4,500
Financial liabilities:
Receivable-backed notes payable	$	403,912	406,600	-	-	406,600
Notes and mortgage notes payable and
other borrowings		120,994	124,456	-	-	124,456
Junior subordinated debentures		150,485	116,500	-	-	116,500
Shares subject to mandatory redemption		13,098	11,900	-	-	11,900

(1) Notes receivable from preferred shareholders is included in other assets on BFC’s condensed consolidated statements of financial condition as of June 30, 2016 and December 31, 2015.