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INVESTMENTS IN REAL ESTATE SECURITIES - Geographic Distribution of Collateral (Details 4) (USD $)
In Thousands, unless otherwise specified |
Dec. 31, 2013
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Dec. 31, 2012
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|---|---|---|---|---|---|---|---|
| Principal balance | $ 2,186,996 | [1] | |||||
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Non-Agency RMBS
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| Principal balance | 872,866 | 433,510 | |||||
| Percentage of principal balance | 100.00% | 100.00% | |||||
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Non-Agency RMBS | Western US
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| Principal balance | 317,111 | 151,227 | |||||
| Percentage of principal balance | 36.30% | 34.90% | |||||
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Non-Agency RMBS | Southeastern US
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| Principal balance | 198,298 | 100,636 | |||||
| Percentage of principal balance | 22.70% | 23.20% | |||||
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Non-Agency RMBS | Northeastern US
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| Principal balance | 164,481 | 95,565 | |||||
| Percentage of principal balance | 18.90% | 22.00% | |||||
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Non-Agency RMBS | Midwestern US
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| Principal balance | 98,682 | 43,230 | |||||
| Percentage of principal balance | 11.30% | 10.00% | |||||
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Non-Agency RMBS | Southwestern US
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| Principal balance | 51,425 | 42,852 | |||||
| Percentage of principal balance | 5.90% | 9.90% | |||||
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Non-Agency RMBS | Other US Locations
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| Principal balance | $ 42,869 | [2] | |||||
| Percentage of principal balance | 4.90% | [2] | |||||
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