Marketable Securities (Tables)

12 Months Ended

Dec. 31, 2011

Investments, Debt and Equity Securities [Abstract]

Schedule of Marketable Securities

Marketable securities consist of the following:

(in thousands)	2011		2010
Non-agency mortgage-backed and asset-backed securities	$	—	$	1,791
Total investments in debt securities	—		1,791
Common stock	—		51,255
Preferred stock	20,884		22,175
Total investments in equity securities	20,884		73,430
Total marketable securities	$	20,884	$	75,221