Commitments
9 Months Ended
Sep. 30, 2011
Commitments [Abstract] 
Commitments

15. Commitments

In the normal course of business, the Company has open purchase and sale commitments. At September 30, 2011, the Company's commitments included purchase commitments to fund mortgage loans and other investments of $11.1 million. At September 30, 2011, the Company also had a commitment to fund one construction-to-permanent loan of $1.7 million that is subject to the borrower's performance.

Subsequent to September 30, 2011, the Company entered into a commitment to fund an additional mortgage loan of $4.8 million. The Company has also funded $0.5 million of the remaining commitment on the construction-to-permanent loan that was outstanding as of September 30, 2011.