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Note 4 - Fair Value of Financial Instruments Rollforward of Level III Assets and Liabilities Fair Value Disclosure (Details) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Derivative liabilities net [Member] | Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring
       
Fair Value Level III Assets and Liabilities [Roll Forward]        
Beginning Balance Level III Liabilities $ 207,500,000 $ 291,500,000 $ 110,600,000 $ 709,100,000
Realized and Unrealized Gains (Losses) Included in Earnings Level III Liabilities (41,000,000) [1] 125,800,000 [2] (146,900,000) [3] 558,800,000 [4]
Purchases Level III Liabilities 0 0 0 0
Sales Level III Liabilities 0 0 0 0
Issuances Level III Liabilities 0 0 0 0
Settlements Level III Liabilities (5,800,000) (8,100,000) 3,200,000 (23,500,000)
Transfers Into (Out of) Level III Liabilities 0 [5] 0 [6] 0 [5] 0 [6]
Ending Balance Level III Liabilities 254,300,000 173,800,000 254,300,000 173,800,000
Unrealized Gains (Losses) Recorded in Earnings on Level III Liabilities Still Held (48,000,000) 117,100,000 (188,300,000) 515,900,000
VIE debt [Member] | Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring
       
Fair Value Level III Assets and Liabilities [Roll Forward]        
Beginning Balance Level III Liabilities 107,800,000 393,700,000 228,200,000 520,100,000
Realized and Unrealized Gains (Losses) Included in Earnings Level III Liabilities (6,800,000) [1] 92,200,000 [2] (111,200,000) [3] 121,100,000 [4]
Purchases Level III Liabilities 0 0 0 0
Sales Level III Liabilities 0 0 0 0
Issuances Level III Liabilities 0 0 0 0
Settlements Level III Liabilities 4,900,000 28,100,000 229,700,000 [7] 125,600,000
Transfers Into (Out of) Level III Liabilities 0 [5] 0 [6] 0 [5] 0 [6]
Ending Balance Level III Liabilities 109,700,000 273,400,000 109,700,000 273,400,000
Unrealized Gains (Losses) Recorded in Earnings on Level III Liabilities Still Held (5,800,000) 92,300,000 (12,900,000) 144,600,000
Total Level III liabilities net [Member] | Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring
       
Fair Value Level III Assets and Liabilities [Roll Forward]        
Beginning Balance Level III Liabilities 315,300,000 685,200,000 338,800,000 1,229,200,000
Realized and Unrealized Gains (Losses) Included in Earnings Level III Liabilities (47,800,000) [1] 218,000,000 [2] (258,100,000) [3] 679,900,000 [4]
Purchases Level III Liabilities 0 0 0 0
Sales Level III Liabilities 0 0 0 0
Issuances Level III Liabilities 0 0 0 0
Settlements Level III Liabilities (900,000) 20,000,000 232,900,000 102,100,000
Transfers Into (Out of) Level III Liabilities 0 [5] 0 [8] 0 [5] 0 [8]
Ending Balance Level III Liabilities 364,000,000 447,200,000 364,000,000 447,200,000
State and municipal obligations | Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring
       
Fair Value Level III Assets and Liabilities [Roll Forward]        
Beginning Balance Level III Assets 19,600,000 23,600,000 62,500,000 23,200,000
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings 400,000 [1] 200,000 [2] (3,600,000) [3] 600,000 [4]
Purchases Level III Assets 0 39,100,000 0 39,100,000
Sales Level III Assets 0 0 0 0
Issuances Level III Assets 0 0 0 0
Settlements Level III Assets 1,200,000 300,000 12,300,000 300,000
Transfers Into (Out of) Level III Assets 0 [5] 0 [6] (27,800,000) [5] 0 [6]
Ending Balance Level III Assets 18,800,000 62,600,000 18,800,000 62,600,000
RMBS | Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring
       
Fair Value Level III Assets and Liabilities [Roll Forward]        
Beginning Balance Level III Assets   61,400,000 45,500,000 52,500,000
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings   (12,000,000) [2] 6,100,000 [3] (400,000) [4]
Purchases Level III Assets   0 0 0
Sales Level III Assets   (1,600,000) 0 0
Issuances Level III Assets   0 0 0
Settlements Level III Assets   2,200,000 51,600,000 3,300,000
Transfers Into (Out of) Level III Assets   0 [6] 0 [5] 0 [6]
Ending Balance Level III Assets 0 48,800,000 0 48,800,000
CMBS | Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring
       
Fair Value Level III Assets and Liabilities [Roll Forward]        
Beginning Balance Level III Assets   29,400,000 35,400,000 23,000,000
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings   8,600,000 [2] (11,400,000) [3] 15,000,000 [4]
Purchases Level III Assets   0 0 0
Sales Level III Assets   0 0 0
Issuances Level III Assets   0 0 0
Settlements Level III Assets   0 24,000,000 0
Transfers Into (Out of) Level III Assets   0 [6] 0 [5] 0 [6]
Ending Balance Level III Assets 0 38,000,000 0 38,000,000
CDO | Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring
       
Fair Value Level III Assets and Liabilities [Roll Forward]        
Beginning Balance Level III Assets   3,900,000 5,500,000 2,400,000
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings   1,400,000 [2] 800,000 [3] 2,700,000 [4]
Purchases Level III Assets   0 0 0
Sales Level III Assets   100,000 0 0
Issuances Level III Assets   0 0 0
Settlements Level III Assets   (200,000) 6,300,000 (300,000)
Transfers Into (Out of) Level III Assets   0 [6] 0 [5] 0 [6]
Ending Balance Level III Assets 0 5,400,000 0 5,400,000
Other ABS | Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring
       
Fair Value Level III Assets and Liabilities [Roll Forward]        
Beginning Balance Level III Assets 4,800,000 2,000,000 2,900,000 3,300,000
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings 0 [1] 700,000 [2] 800,000 [3] (600,000) [4]
Purchases Level III Assets 0 0 5,200,000 0
Sales Level III Assets 0 0 0 0
Issuances Level III Assets 0 0 0 0
Settlements Level III Assets 500,000 0 4,600,000 0
Transfers Into (Out of) Level III Assets (4,300,000) [5] 0 [6] (4,300,000) [5] 0 [6]
Ending Balance Level III Assets 0 2,700,000 0 2,700,000
Financial Instruments, Owned, Mortgages, Mortgage-backed and Asset-backed Securities, at Fair Value 1      
Hybrid securities | Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring
       
Fair Value Level III Assets and Liabilities [Roll Forward]        
Beginning Balance Level III Assets     4,800,000 0
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings     100,000 [3] (100,000) [4]
Purchases Level III Assets     100,000 700,000
Sales Level III Assets     4,900,000 0
Issuances Level III Assets     0 0
Settlements Level III Assets     0 0
Transfers Into (Out of) Level III Assets     (100,000) [6] (600,000) [6]
Ending Balance Level III Assets 0 0 0 0
Equity securities | Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring
       
Fair Value Level III Assets and Liabilities [Roll Forward]        
Beginning Balance Level III Assets 2,000,000 5,600,000 800,000 2,900,000
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings (400,000) [1] (900,000) [2] 100,000 [3] (1,200,000) [4]
Purchases Level III Assets 0 500,000 0 3,700,000
Sales Level III Assets 100,000 400,000 100,000 600,000
Issuances Level III Assets 0 0 0 0
Settlements Level III Assets 0 0 0 0
Transfers Into (Out of) Level III Assets 100,000 [5] (2,000,000) [6] 800,000 [5] (2,000,000) [6]
Ending Balance Level III Assets 1,600,000 2,800,000 1,600,000 2,800,000
Other investments | Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring
       
Fair Value Level III Assets and Liabilities [Roll Forward]        
Beginning Balance Level III Assets 76,500,000 5,800,000 6,800,000 4,600,000
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings (600,000) [1] 600,000 [2] 600,000 [3] 2,600,000 [4]
Purchases Level III Assets 900,000 0 75,900,000 0
Sales Level III Assets 100,000 100,000 600,000 600,000
Issuances Level III Assets 0 0   0
Settlements Level III Assets 0 100,000 6,000,000 400,000
Transfers Into (Out of) Level III Assets 0 [5] 0 [6] 0 [5] 0 [6]
Ending Balance Level III Assets 76,700,000 6,200,000 76,700,000 6,200,000
Investments
       
Fair Value Level III Assets and Liabilities [Roll Forward]        
Fair Value, Transfers Between Level 1 And Level 2, Amount     0 0
Investments | Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring
       
Fair Value Level III Assets and Liabilities [Roll Forward]        
Beginning Balance Level III Assets 102,900,000 131,700,000 164,200,000 111,900,000
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings (600,000) [1] (1,400,000) [2] (6,500,000) [3] 18,600,000 [4]
Purchases Level III Assets 900,000 39,600,000 81,200,000 43,500,000
Sales Level III Assets 200,000 (1,000,000) 5,600,000 1,200,000
Issuances Level III Assets 0 0 0 0
Settlements Level III Assets 1,700,000 2,400,000 104,800,000 3,700,000
Transfers Into (Out of) Level III Assets (4,200,000) [5] (2,000,000) [8] (31,400,000) [5] (2,600,000) [8]
Ending Balance Level III Assets 97,100,000 166,500,000 97,100,000 166,500,000
Unrealized Gains (Losses) Recorded in Earnings on Level III Assets Still Held (1,100,000) (1,500,000) (100,000) 17,100,000
Financial Instruments, Owned, Mortgages, Mortgage-backed and Asset-backed Securities, at Fair Value     2  
NIMS derivative assets | Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring
       
Fair Value Level III Assets and Liabilities [Roll Forward]        
Beginning Balance Level III Assets 1,700,000 4,700,000 1,600,000 11,700,000
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings 0 [1] 100,000 [2] 0 [3] (1,900,000) [4]
Purchases Level III Assets 100,000 100,000 200,000 200,000
Sales Level III Assets 0 0 0 0
Issuances Level III Assets 0 0 0 0
Settlements Level III Assets 0 0 0 4,700,000
Transfers Into (Out of) Level III Assets 0 [5] 0 [6] 0 [5] (400,000) [6]
Ending Balance Level III Assets 1,800,000 4,900,000 1,800,000 4,900,000
Unrealized Gains (Losses) Recorded in Earnings on Level III Assets Still Held   200,000   (1,800,000)
Other assets | Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring
       
Fair Value Level III Assets and Liabilities [Roll Forward]        
Beginning Balance Level III Assets 100,700,000 113,700,000 104,000,000 109,700,000
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings 6,100,000 [1] (10,300,000) [2] 15,400,000 [3] 8,000,000 [4]
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 6,200,000 6,600,000 18,800,000 20,900,000
Transfers Into (Out of) Level III Assets 0 [5] 0 [6] 0 [5] 0 [6]
Ending Balance Level III Assets 100,600,000 96,800,000 100,600,000 96,800,000
Unrealized Gains (Losses) Recorded in Earnings on Level III Assets Still Held 3,500,000 (13,300,000) 7,300,000 (1,300,000)
Total Level III Assets | Fair Value, Inputs, Level 3 | Fair Value, Measurements, Recurring
       
Fair Value Level III Assets and Liabilities [Roll Forward]        
Beginning Balance Level III Assets 205,300,000 250,100,000 269,800,000 233,300,000
Realized and Unrealized Gains (Losses) Level III Assets Included in Earnings 5,500,000 [1] (11,600,000) [2] 8,900,000 [3] 24,700,000 [4]
Purchases Level III Assets 1,000,000 39,700,000 81,400,000 43,700,000
Sales Level III Assets 200,000 (1,000,000) 5,600,000 1,200,000
Issuances Level III Assets 0 0 0 0
Settlements Level III Assets 7,900,000 9,000,000 123,600,000 29,300,000
Transfers Into (Out of) Level III Assets (4,200,000) [5] (2,000,000) [8] (31,400,000) [5] (3,000,000) [8]
Ending Balance Level III Assets $ 199,500,000 $ 268,200,000 $ 199,500,000 $ 268,200,000
[1] Includes unrealized gains (losses) for the quarter ended September 30, 2012, relating to assets and liabilities still held at September 30, 2012, as follows: $(1.1) million for investments, $3.5 million for other assets, $(48.0) million for derivative liabilities, and $(5.8) million for VIE debt.
[2] Includes unrealized gains (losses) for the quarter ended September 30, 2011, relating to assets and liabilities still held at September 30, 2011, as follows: $(1.5) million for investments, $0.2 million for NIMS derivative assets, $(13.3) million for other assets, $117.1 million for derivative liabilities, and $92.3 million for VIE debt.
[3] Includes unrealized gains (losses) for the nine months ended September 30, 2012, relating to assets and liabilities still held at September 30, 2012, as follows: $(0.1) million for investments, $7.3 million for other assets, $(188.3) million for derivative liabilities, and $(12.9) million for VIE debt.
[4] Includes unrealized gains (losses) for the nine months ended September 30, 2011, relating to assets and liabilities still held at September 30, 2011, as follows: $17.1 million for investments, $(1.8) million for NIMS derivative assets, $(1.3) million for other assets, $515.9 million for derivative liabilities, and $144.6 million for VIE debt.
[5] Transfers are recognized at the end of the period as the availability of market observed inputs change from period to period. During the period, pricing from a third-party pricing source became available for one bond, accounting for a majority of the transfer out of Level III and into Level II.
[6] Transfers are recognized at the end of the period as the availability of market observed inputs change from period to period. During the period, pricing from a third-party pricing source became available for two bonds, accounting for a majority of the transfers out of Level III and into Level II.
[7] Primarily represents the settlement of our CDO of ABS.
[8] Transfers are recognized at the end of the period as the availability of market observed inputs change from period to period.