INVESTMENTS IN UNCONSOLIDATED AFFILIATES	9 Months Ended
INVESTMENTS IN UNCONSOLIDATED AFFILIATES	Sep. 30, 2013
INVESTMENTS IN UNCONSOLIDATED AFFILIATES [Abstract]
INVESTMENTS IN UNCONSOLIDATED AFFILIATES	NOTE 5 ¾ INVESTMENTS IN UNCONSOLIDATED AFFILIATES To facilitate the issuance of Unsecured borrowings, Capstead formed and capitalized three Delaware statutory trusts through the issuance to the Company of the trusts’ common securities totaling $3.1 million (see NOTE 8). The Company’s equity in the earnings of the trusts consists solely of the common trust securities’ pro rata share in interest accruing on Unsecured borrowings issued to the trusts. Under variable interest accounting rules, the trusts are not considered variable interests at risk and as such are not consolidated.

The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group.

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