Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN REAL ESTATE SECURITIES - CREDIT QUALITY (Details 4)

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INVESTMENTS IN REAL ESTATE SECURITIES - CREDIT QUALITY (Details 4) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Investments In Real Estate Securities - Credit Quality Details 4    
Real estate securities acquired with credit quality deterioration, face amount $ 771,682 $ 342,013
Real estate securities acquired with credit quality deterioration, carrying value $ 495,872 $ 212,129