| Summary of the fair value of the Clo entity's assets and liabilities subject to FV accounting |
| | | | CLO Bank Loan Investments | | | | | (in thousands) | | Total CLO bank loan investments | | 90 days or more past due | | Senior and subordinated note obligations | | | Unpaid principal balance | $ | 474,515 | $ | 1,192 | $ | 500,066 | | | Excess unpaid principal | | | | | | | | | balance over fair value | | (17,820) | | (617) | | (22,367) | | | Fair value | $ | 456,695 | $ | 575 | $ | 477,699 |
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| Summary of the carrying amounts related to a Clo entity consolidated on the Company's balance sheet. |
| | (in thousands) | | October 31, 2011 | | | Assets of consolidated CLO entity: | | | | | | Cash and cash equivalents | | $ | 16,521 | | | Bank loans and other investments | | | 462,586 | | | Other assets | | | 2,715 | | | Liabilities of consolidated CLO entity: | | | | | | Senior and subordinated note obligations | | | 477,699 | | | Other liabilities | | | 5,193 | | | Appropriated deficit | | | (3,867) | | | Total net interest in consolidated CLO entity | | $ | 2,797 |
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