| Summary of the fair value of the CLO entity's assets and liabilities subject to fair value accounting |
| | October 31, 2012 | | | | | | | | | | | 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 | $ | 425,153 | $ | 500 | $ | 471,546 | | | Excess unpaid principal | | | | | | | | | balance over fair value | | (863) | | (485) | | (24,941) | | | Fair value | $ | 424,290 | $ | 15 | $ | 446,605 |
| | October 31, 2011 | | | | | | | | | | | 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) | | | 2012 | | 2011 | | | Assets of consolidated CLO entity: | | | | | | | | | | Cash and cash equivalents | | | $ | 36,758 | | $ | 16,521 | | | Bank loans and other investments | | | | 430,583 | | | 462,586 | | | Other assets | | | | 1,107 | | | 2,715 | | | Liabilities of consolidated CLO entity: | | | | | | | | | | Senior and subordinated note obligations | | | | 446,605 | | | 477,699 | | | Other liabilities | | | | 766 | | | 5,193 | | | Appropriated retained earnings (deficit) | | | | 18,699 | | | (3,867) | | | Net interest in consolidated CLO entity | | | $ | 2,378 | | $ | 2,797 |
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