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Non Recourse Collateralized Financings (Tables)
 3 Months Ended
Mar. 31, 2013
Debt Disclosure [Abstract]  
Schedule of Non Recourse Collateralized Financings [Table Text Block]
The following table summarizes information about the Company’s non-recourse collateralized financing for the periods indicated:
 
March 31, 2013
 
 
Interest Rate
 
Weighted Average
Life Remaining
(in years) (1)
 
Balance Outstanding
 
Value of
Collateral
Secured by non-Agency CMBS
6.2% fixed
 
1.9
 
$
14,396

 
$
15,485

Secured by single-family mortgage loans
1-month LIBOR plus 0.30%
 
2.8
 
14,554

 
15,249

Unamortized net bond premium and deferred costs
 
 
 
 
(477
)
 
n/a

 
 
 
 
 
$
28,473

 
$
30,734

 
December 31, 2012
 
 
Interest Rate
 
Weighted Average
Life Remaining
(in years) (1)
 
Balance Outstanding
 
Value of
Collateral
Secured by non-Agency CMBS
6.2% fixed
 
1.4
 
$
15,000

 
$
15,825

Secured by single-family mortgage loans
1-month LIBOR plus 0.30%
 
3.1
 
15,974

 
17,309

Unamortized net bond premium and deferred costs
 
 
 
 
(470
)
 
n/a

 
 
 
 
 
$
30,504

 
$
33,134