XML 92 R45.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Note 4 - Fair Value of Financial Instruments Rollforward of Level III Assets and Liabilities Fair Value Disclosure (Details) (Fair Value, Measurements, Recurring [Member], Fair Value, Inputs, Level 3 [Member], USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
State and municipal obligations [Member]
        
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance Level III Assets $ 23,200,000 $ 24,400,000 $ 23,200,000 $ 24,400,000
VIE Consolidation Assets       0 [1]
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings 400,000 [2] 0 [3] 400,000 [4] 0 [5]
Purchases Level III Assets 0 0 0 0
Sales Level III Assets 0 0 0 0
Issuances Level III Assets 0 0 0 0
Settlements Level III Assets 0 0 0 0
Transfers Into (Out of) Level III Assets 0 [6] 0 [6] 0 [6] 0 [6]
Ending Balance Level III Assets 23,600,000 24,400,000 23,600,000 24,400,000
RMBS [Member]
        
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance Level III Assets 55,300,000 54,100,000 52,500,000 0
VIE Consolidation Assets       44,300,000 [1]
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings 7,600,000 [2] 6,700,000 [3] 11,600,000 [4] 18,700,000 [5]
Purchases Level III Assets 0 0 0 0
Sales Level III Assets (1,600,000) (3,500,000) (1,600,000) (5,700,000)
Issuances Level III Assets 0 0 0 0
Settlements Level III Assets 100,000 0 (1,100,000) 0
Transfers Into (Out of) Level III Assets 0 [6] 0 [6] 0 [6] 0 [6]
Ending Balance Level III Assets 61,400,000 57,300,000 61,400,000 57,300,000
CMBS [Member]
        
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance Level III Assets 24,000,000 24,300,000 23,000,000 0
VIE Consolidation Assets       23,800,000 [1]
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings 5,400,000 [2] (1,100,000) [3] 6,400,000 [4] (600,000) [5]
Purchases Level III Assets 0 0 0 0
Sales Level III Assets 0 0 0 0
Issuances Level III Assets 0 0 0 0
Settlements Level III Assets 0 0 0 0
Transfers Into (Out of) Level III Assets 0 [6] 0 [6] 0 [6] 0 [6]
Ending Balance Level III Assets 29,400,000 23,200,000 29,400,000 23,200,000
CDO [Member]
        
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance Level III Assets 4,100,000 3,800,000 2,400,000 0
VIE Consolidation Assets       3,800,000 [1]
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings (300,000) [2] (1,400,000) [3] 1,300,000 [4] (1,500,000) [5]
Purchases Level III Assets 0 0 0 0
Sales Level III Assets 100,000 0 100,000 100,000
Issuances Level III Assets 0 0 0 0
Settlements Level III Assets 0 0 100,000 0
Transfers Into (Out of) Level III Assets 0 [6] 0 [6] 0 [6] 0 [6]
Ending Balance Level III Assets 3,900,000 2,400,000 3,900,000 2,400,000
Other ABS [Member]
        
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance Level III Assets 4,700,000 3,500,000 3,300,000 0
VIE Consolidation Assets       3,500,000 [1]
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings (2,700,000) [2] (200,000) [3] (1,300,000) [4] (200,000) [5]
Purchases Level III Assets 0 0 0 0
Sales Level III Assets 0 0 0 0
Issuances Level III Assets 0 0 0 0
Settlements Level III Assets 0 0 0 0
Transfers Into (Out of) Level III Assets 0 [6] 0 [6] 0 [6] 0 [6]
Ending Balance Level III Assets 2,000,000 3,300,000 2,000,000 3,300,000
Hybrid securities [Member]
        
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance Level III Assets 0 1,100,000 0 600,000
VIE Consolidation Assets       0 [1]
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings 600,000 [2] 0 [3] (100,000) [4] 0 [5]
Purchases Level III Assets 0 0 700,000 0
Sales Level III Assets 0 0 0 0
Issuances Level III Assets 0 0 0 0
Settlements Level III Assets 0 0 0 0
Transfers Into (Out of) Level III Assets (600,000) [6] (1,100,000) [6] (600,000) [6] (600,000) [6]
Ending Balance Level III Assets 0 0 0 0
Equity securities [Member]
        
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance Level III Assets 4,300,000 1,500,000 2,900,000 1,700,000
VIE Consolidation Assets       0 [1]
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings (700,000) [2] (200,000) [3] (300,000) [4] (500,000) [5]
Purchases Level III Assets 2,100,000 100,000 3,200,000 200,000
Sales Level III Assets (100,000) 0 (200,000) 0
Issuances Level III Assets 0 0 0 0
Settlements Level III Assets 0 0 0 0
Transfers Into (Out of) Level III Assets 0 [6] 300,000 [6] 0 [6] 300,000 [6]
Ending Balance Level III Assets 5,600,000 1,700,000 5,600,000 1,700,000
Other investments [Member]
        
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance Level III Assets 3,900,000 6,700,000 4,600,000 3,800,000
VIE Consolidation Assets       3,700,000 [1]
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings 1,900,000 [2] (1,700,000) [3] 2,000,000 [4] (1,700,000) [5]
Purchases Level III Assets 0 0 0 0
Sales Level III Assets 0 0 (500,000) (800,000)
Issuances Level III Assets 0 0 0 0
Settlements Level III Assets 0 (200,000) (300,000) (200,000)
Transfers Into (Out of) Level III Assets 0 [6] 0 [6] 0 [6] 0 [6]
Ending Balance Level III Assets 5,800,000 4,800,000 5,800,000 4,800,000
Investments [Member]
        
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance Level III Assets 119,500,000 119,400,000 111,900,000 30,500,000
VIE Consolidation Assets       79,100,000 [1]
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings 12,200,000 [2] 2,100,000 [3] 20,000,000 [4] 14,200,000 [5]
Purchases Level III Assets 2,100,000 100,000 3,900,000 200,000
Sales Level III Assets (1,600,000) (3,500,000) (2,200,000) (6,400,000)
Issuances Level III Assets 0 0 0 0
Settlements Level III Assets 100,000 (200,000) (1,300,000) (200,000)
Transfers Into (Out of) Level III Assets (600,000) [6] (800,000) [6] (600,000) [6] (300,000) [6]
Ending Balance Level III Assets 131,700,000 117,100,000 131,700,000 117,100,000
Unrealized Gains (Losses) Recorded in Earnings on Level III Assets Still Held 10,600,000 1,500,000 18,100,000.000 13,100,000
NIMS and CPS Derivative Assets [Member]
        
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance Level III Assets   42,500,000   44,700,000
VIE Consolidation Assets       0 [1]
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings   (4,500,000) [3]   (7,300,000) [5]
Purchases Level III Assets   (26,700,000)   200,000
Sales Level III Assets   0   (100,000)
Issuances Level III Assets   0   0
Settlements Level III Assets   0   (26,200,000)
Transfers Into (Out of) Level III Assets   0 [6]   0 [6]
Ending Balance Level III Assets   11,300,000   11,300,000
Unrealized Gains (Losses) Recorded in Earnings on Level III Assets Still Held   (4,100,000)   (5,900,000)
NIMS derivative assets [Member]
        
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance Level III Assets 9,000,000   11,700,000  
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings 400,000 [2]   (2,000,000) [4]  
Purchases Level III Assets 0   100,000  
Sales Level III Assets 0   0  
Issuances Level III Assets 0   0  
Settlements Level III Assets (4,700,000)   (4,700,000)  
Transfers Into (Out of) Level III Assets 0 [6]   (400,000) [6]  
Ending Balance Level III Assets 4,700,000   4,700,000  
Unrealized Gains (Losses) Recorded in Earnings on Level III Assets Still Held (1,500,000)   (2,100,000)  
Other assets excluding derivative assets [Member]
        
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance Level III Assets 106,300,000 118,300,000 109,700,000 0
VIE Consolidation Assets       119,700,000 [1]
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings 14,400,000 [2] 8,900,000 [3] 18,300,000 [4] 10,900,000 [5]
Purchases Level III Assets 0 (11,100,000) 0 0
Sales Level III Assets 0 0 0 0
Issuances Level III Assets 0 0 0 0
Settlements Level III Assets (7,000,000) 0 (14,300,000) (14,500,000)
Transfers Into (Out of) Level III Assets 0 [6] 0 [6] 0 [6] 0 [6]
Ending Balance Level III Assets 113,700,000 116,100,000 113,700,000 116,100,000
Unrealized Gains (Losses) Recorded in Earnings on Level III Assets Still Held 11,200,000 1,300,000 12,000,000 3,300,000
Total Level III Assets net [Member]
        
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance Level III Assets 234,800,000 280,200,000 233,300,000 75,200,000
VIE Consolidation Assets       198,800,000 [1]
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings 27,000,000 [2] 6,500,000 [3] 36,300,000 [4] 17,800,000 [5]
Purchases Level III Assets 2,100,000 (37,700,000) 4,000,000 400,000
Sales Level III Assets (1,600,000) (3,500,000) (2,200,000) (6,500,000)
Issuances Level III Assets 0 0 0 0
Settlements Level III Assets (11,600,000) (200,000) (20,300,000) (40,900,000)
Transfers Into (Out of) Level III Assets (600,000) [6] (800,000) [6] (1,000,000) [6] (300,000) [6]
Ending Balance Level III Assets 250,100,000 244,500,000 250,100,000 244,500,000
Derivative liabilities net [Member]
        
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance Level III Liabilities (472,200,000) (210,200,000) (709,100,000) (214,900,000)
VIE Consolidation, Liabilities       51,800,000 [1]
Realized and Unrealized Gains (Losses) Included in Earnings Level III Liabilities 188,300,000 [2] (520,100,000) [3] 433,000,000 [4] (595,200,000) [5]
Purchases Level III Liabilities 0 (7,100,000) 0 0
Sales Level III Liabilities 0 0 0 0
Issuances Level III Liabilities 0 0 0 0
Settlements Level III Liabilities (7,600,000) 0 (15,400,000) 20,900,000
Transfers Into (Out of) Level III Liabilities 0 [6] 0 [6] 0 [6] 0 [6]
Ending Balance Level III Liabilities (291,500,000) (737,400,000) (291,500,000) (737,400,000)
Unrealized Gains (Losses) Recorded in Earnings on Level III Liabilities Still Held 173,400,000 (528,100,000) 399,100,000 (635,200,000)
VIE debt
        
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance Level III Liabilities (373,000,000) (596,100,000) (520,100,000) (296,100,000)
VIE Consolidation, Liabilities       (253,500,000) [1]
Realized and Unrealized Gains (Losses) Included in Earnings Level III Liabilities (44,000,000) [2] (63,400,000) [3] 28,900,000 [4] (170,400,000) [5]
Purchases Level III Liabilities 0 31,900,000 0 0
Sales Level III Liabilities 0 0 0 0
Issuances Level III Liabilities 0 0 0 0
Settlements Level III Liabilities 23,300,000 0 97,500,000 92,400,000
Transfers Into (Out of) Level III Liabilities 0 [6] 0 [6] 0 [6] 0 [6]
Ending Balance Level III Liabilities (393,700,000) (627,600,000) (393,700,000) (627,600,000)
Unrealized Gains (Losses) Recorded in Earnings on Level III Liabilities Still Held (9,800,000) (11,400,000) (17,100,000) (42,100,000)
Total Level III liabilities net [Member]
        
Fair Value Assets and Liabilities Measured on Recurring Basis Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance Level III Liabilities (845,200,000) (806,300,000) (1,229,200,000) (511,000,000)
VIE Consolidation, Liabilities       (201,700,000) [1]
Realized and Unrealized Gains (Losses) Included in Earnings Level III Liabilities 144,300,000 [2] (583,500,000) [3] 461,900,000 [4] (765,600,000) [5]
Purchases Level III Liabilities 0 24,800,000 0 0
Sales Level III Liabilities 0 0 0 0
Issuances Level III Liabilities 0 0 0 0
Settlements Level III Liabilities 15,700,000 0 82,100,000 113,300,000
Transfers Into (Out of) Level III Liabilities 0 [6] 0 [6] 0 [6] 0 [6]
Ending Balance Level III Liabilities $ (685,200,000) $ (1,365,000,000) $ (685,200,000) $ (1,365,000,000)
[1] Represents the impact of our adoption of the accounting standard update regarding improvements to financial reporting by enterprises involving VIEs.
[2] Includes unrealized gains (losses) relating to assets and liabilities still held as of June 30, 2011, as follows: $10.6 million for investments, $(1.5) million for NIMS derivative assets, $11.2 million for other assets, $173.4 million for derivative liabilities, and $(9.8) million for VIE debt.
[3] Includes unrealized gains (losses) relating to assets and liabilities still held as of June 30, 2010, as follows: $1.5 million for investments, $(4.1) million for NIMS and CPS derivative assets, $1.3 million for other assets, $(528.1) million for derivative liabilities, and $(11.4) million for VIE debt.
[4] Includes unrealized gains (losses) relating to assets and liabilities still held as of June 30, 2011, as follows: $18.1 million for investments, $(2.1) million for NIMS derivative assets, $12.0 million for other assets, $399.1 million for derivative liabilities, and $(17.1) million for VIE debt.
[5] Includes unrealized gains (losses) relating to assets and liabilities still held as of June 30, 2010, as follows: $13.1 million for investments, $(5.9) million for NIMS and CPS derivative assets, $3.3 million for other assets, $(635.2) million for derivative liabilities, and $(42.1) million for VIE debt.
[6] Transfers are recognized at the end of the period as the availability of market observed inputs change from period to period.