Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS - Loans Held For Sale (Details)

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INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS INVESTMENTS IN RESIDENTIAL MORTGAGE LOANS - Loans Held For Sale (Details) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Sep. 30, 2014
Loans Held For Sale [Member]
Long Lived Assets Held-for-sale [Line Items]      
Loans held for sale beginning balance $ 492,399 $ 0 $ 0
Purchases     490,806
Proceeds from repayments     (556)
Valuation provision on loans     0
Loans held for sale ending balance $ 492,399 $ 0 $ 490,250