Accrued Expenses and Other Liabilities
 12 Months Ended
Dec. 31, 2013
Accrued Expenses and Other Liabilities [Abstract]  
Accounts Payable and Accrued Liabilities Disclosure [Text Block]

25. Accrued Expenses and Other Liabilities

 

Accrued expenses and other liabilities consisted of the following:
       
  December 31,
(In thousands) 2013 2012
GNMA defaulted loans - buy-back option (see note 10) $ 201,737 $ 213,748
Dividends payable   46,291   36,630
Recourse obligation   6,620   8,845
Accrued interest payable   10,248   10,329
Accrued salaries and benefits payable   16,477   13,234
Other professional fees    4,077   12,544
Deferred rent obligation   5,899   4,265
Other accrued expenses   18,677   11,265
Other liabilities   22,707   19,730
  $ 332,733 $ 330,590