2015 Q4 Form 10-K Financial Statement
#000114420416087286 Filed on March 10, 2016
Income Statement
Concept | 2015 Q4 | 2015 Q1 | 2015 |
---|---|---|---|
Revenue | $107.5M | $17.20M | $163.4M |
YoY Change | 788.43% | 63.81% | 150.23% |
Cost Of Revenue | $45.90M | $5.500M | $62.20M |
YoY Change | 782.69% | -19.12% | 209.45% |
Gross Profit | $61.70M | $11.70M | $101.2M |
YoY Change | 794.2% | 216.22% | 124.39% |
Gross Profit Margin | 57.4% | 68.02% | 61.93% |
Selling, General & Admin | -$600.0K | $7.600M | $23.10M |
YoY Change | -115.79% | 533.33% | 507.89% |
% of Gross Profit | -0.97% | 64.96% | 22.83% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $0.00 | $227.4K | $933.8K |
YoY Change | -100.0% | 506.33% | |
% of Gross Profit | 0.0% | 1.94% | 0.92% |
Operating Expenses | $17.20M | $2.920M | $12.29M |
YoY Change | 129.33% | 30.82% | 56.37% |
Operating Profit | $44.50M | $8.780M | $88.91M |
YoY Change | -7516.67% | 498.06% | 138.75% |
Interest Expense | $4.665M | $4.745M | $5.900M |
YoY Change | 4.89% | 21.56% | -65.82% |
% of Operating Profit | 10.48% | 54.05% | 6.64% |
Other Income/Expense, Net | $5.900M | $1.135M | $4.672M |
YoY Change | 3.56% | ||
Pretax Income | $50.30M | $271.7K | $2.996M |
YoY Change | -8483.33% | -89.06% | -89.67% |
Income Tax | $1.912M | -$145.5K | $4.415M |
% Of Pretax Income | 3.8% | -53.56% | 147.37% |
Net Earnings | -$1.835M | $417.2K | -$1.419M |
YoY Change | -945.69% | -83.19% | -104.75% |
Net Earnings / Revenue | -1.71% | 2.43% | -0.87% |
Basic Earnings Per Share | -$0.21 | $0.05 | -$0.16 |
Diluted Earnings Per Share | -$0.21 | $0.05 | -$0.16 |
COMMON SHARES | |||
Basic Shares Outstanding | 7.971M shares | 7.971M shares | 7.971M shares |
Diluted Shares Outstanding | 8.898M shares | 8.898M shares | 8.898M shares |
Balance Sheet
Concept | 2015 Q4 | 2015 Q1 | 2015 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $41.60M | $38.00M | $41.60M |
YoY Change | 23.08% | 26.25% | 23.08% |
Cash & Equivalents | $20.79M | $38.02M | $41.60M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $41.60M | $38.00M | $41.60M |
YoY Change | 23.08% | 26.25% | 23.08% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | $14.18M | $16.13M | |
YoY Change | -14.11% | ||
Intangibles | $4.880M | $5.472M | |
YoY Change | -13.91% | ||
Long-Term Investments | $626.9M | $592.4M | $626.9M |
YoY Change | 4.48% | -10.04% | 4.48% |
Other Assets | $26.10M | $3.000M | $26.10M |
YoY Change | 267.61% | -49.15% | 267.61% |
Total Long-Term Assets | $733.5M | $775.4M | $2.288B |
YoY Change | -3.3% | 16.06% | 201.63% |
TOTAL ASSETS | |||
Total Short-Term Assets | $41.60M | $38.00M | $41.60M |
Total Long-Term Assets | $733.5M | $775.4M | $2.288B |
Total Assets | $775.1M | $813.4M | $2.330B |
YoY Change | -2.18% | 16.5% | 194.02% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $47.70M | $12.20M | $47.70M |
YoY Change | 307.69% | 293.55% | 307.69% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $644.1M | $399.5M | $644.1M |
YoY Change | 59.79% | -12.51% | 59.79% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $705.2M | $415.3M | $705.2M |
YoY Change | 68.55% | -10.73% | 68.55% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.136B | $172.6M | $1.136B |
YoY Change | 683.99% | 214.96% | 683.99% |
Other Long-Term Liabilities | $8.400M | $35.30M | $8.400M |
YoY Change | -76.47% | 2106.25% | -76.47% |
Total Long-Term Liabilities | $1.144B | $207.9M | $1.144B |
YoY Change | 533.67% | 268.62% | 533.67% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $705.2M | $415.3M | $705.2M |
Total Long-Term Liabilities | $1.144B | $207.9M | $1.144B |
Total Liabilities | $597.4M | $623.1M | $1.889B |
YoY Change | -0.28% | 19.49% | 204.99% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$4.984M | $6.215M | |
YoY Change | -155.2% | -204.94% | |
Common Stock | $798.00 | $798.00 | |
YoY Change | 0.0% | 0.0% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $159.2M | $170.4M | $441.3M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $775.1M | $813.4M | $2.330B |
YoY Change | -2.18% | 16.5% | 194.02% |
Cashflow Statement
Concept | 2015 Q4 | 2015 Q1 | 2015 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.835M | $417.2K | -$1.419M |
YoY Change | -945.69% | -83.19% | -104.75% |
Depreciation, Depletion And Amortization | $0.00 | $227.4K | $933.8K |
YoY Change | -100.0% | 506.33% | |
Cash From Operating Activities | $44.30M | -$30.10M | $28.90M |
YoY Change | -723.94% | -1870.59% | -714.89% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | $0.00 | ||
YoY Change | -100.0% | ||
Other Investing Activities | -$228.8M | $14.00M | -$188.7M |
YoY Change | -423.62% | -113.71% | 499.05% |
Cash From Investing Activities | -$228.8M | $14.00M | -$188.7M |
YoY Change | -423.62% | -113.71% | 499.05% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 173.7M | 20.30M | 144.6M |
YoY Change | -411.85% | -72.38% | 1020.93% |
NET CHANGE | |||
Cash From Operating Activities | 44.30M | -30.10M | 28.90M |
Cash From Investing Activities | -228.8M | 14.00M | -188.7M |
Cash From Financing Activities | 173.7M | 20.30M | 144.6M |
Net Change In Cash | -10.80M | 4.200M | -15.20M |
YoY Change | -236.71% | -115.61% | -34.76% |
FREE CASH FLOW | |||
Cash From Operating Activities | $44.30M | -$30.10M | $28.90M |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2015 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2015 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2015 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2015 | dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
CY2015Q2 | dei |
Entity Public Float
EntityPublicFloat
|
125460507 | USD |
CY2015 | dei |
Trading Symbol
TradingSymbol
|
ZFC | |
CY2016Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
7970886 | shares |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
20793716 | USD |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
33791013 | USD |
CY2015Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
4371725 | USD |
CY2014Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
7143078 | USD |
CY2015Q4 | us-gaap |
Cost Method Investments
CostMethodInvestments
|
1886642 | USD |
CY2014Q4 | us-gaap |
Cost Method Investments
CostMethodInvestments
|
1338935 | USD |
CY2015Q4 | us-gaap |
Financial Instruments Owned Other At Fair Value
FinancialInstrumentsOwnedOtherAtFairValue
|
12804196 | USD |
CY2014Q4 | us-gaap |
Financial Instruments Owned Other At Fair Value
FinancialInstrumentsOwnedOtherAtFairValue
|
2040532 | USD |
CY2015Q4 | zfc |
Loans Eligible For Repurchase From Agency
LoansEligibleForRepurchaseFromAgency
|
34745103 | USD |
CY2014Q4 | zfc |
Loans Eligible For Repurchase From Agency
LoansEligibleForRepurchaseFromAgency
|
21710284 | USD |
CY2015Q4 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
48209016 | USD |
CY2014Q4 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
33378978 | USD |
CY2015Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
2376187 | USD |
CY2014Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
2485100 | USD |
CY2015Q4 | us-gaap |
Other Assets
OtherAssets
|
7928878 | USD |
CY2014Q4 | us-gaap |
Other Assets
OtherAssets
|
6092863 | USD |
CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
14183537 | USD |
CY2014Q4 | us-gaap |
Goodwill
Goodwill
|
16512680 | USD |
CY2015Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
4880270 | USD |
CY2014Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
5668611 | USD |
CY2015Q4 | us-gaap |
Assets
Assets
|
775138921 | USD |
CY2014Q4 | us-gaap |
Assets
Assets
|
792398605 | USD |
CY2015Q4 | us-gaap |
Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
|
100768428 | USD |
CY2014Q4 | us-gaap |
Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
|
89417564 | USD |
CY2015Q4 | zfc |
Loan Repurchase Facilities
LoanRepurchaseFacilities
|
296789330 | USD |
CY2014Q4 | zfc |
Loan Repurchase Facilities
LoanRepurchaseFacilities
|
300092293 | USD |
CY2015Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
|
73300159 | USD |
CY2014Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
|
103014105 | USD |
CY2015Q4 | us-gaap |
Senior Notes
SeniorNotes
|
56509046 | USD |
CY2014Q4 | us-gaap |
Senior Notes
SeniorNotes
|
55474741 | USD |
CY2015Q4 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
11285100 | USD |
CY2014Q4 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
11430413 | USD |
CY2015Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
1831967 | USD |
CY2014Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
2585184 | USD |
CY2015Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
3559120 | USD |
CY2014Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
3559120 | USD |
CY2015Q4 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
18572613 | USD |
CY2014Q4 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
11731089 | USD |
CY2015Q4 | zfc |
Liability For Loans Eligible For Repurchase
LiabilityForLoansEligibleForRepurchase
|
34745103 | USD |
CY2014Q4 | zfc |
Liability For Loans Eligible For Repurchase
LiabilityForLoansEligibleForRepurchase
|
21710284 | USD |
CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
597360866 | USD |
CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
599014793 | USD |
CY2015Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2014Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2015Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
798 | USD |
CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
798 | USD |
CY2015Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
164207617 | USD |
CY2014Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
164207617 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
159224237 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
173238362 | USD |
CY2015Q4 | us-gaap |
Minority Interest
MinorityInterest
|
18553818 | USD |
CY2014Q4 | us-gaap |
Minority Interest
MinorityInterest
|
20145450 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
177778055 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
193383812 | USD |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
775138921 | USD |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
792398605 | USD |
CY2015Q4 | us-gaap |
Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
397678140 | USD |
CY2014Q4 | us-gaap |
Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
415959838 | USD |
CY2015Q4 | us-gaap |
Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
|
115942230 | USD |
CY2014Q4 | us-gaap |
Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
|
97690960 | USD |
CY2015Q4 | us-gaap |
Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
|
109339281 | USD |
CY2014Q4 | us-gaap |
Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
|
148585733 | USD |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-4984178 | USD |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
9029947 | USD |
CY2015 | us-gaap |
Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
|
25930901 | USD |
CY2014 | us-gaap |
Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
|
26140679 | USD |
CY2013 | us-gaap |
Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
|
10470435 | USD |
CY2015 | us-gaap |
Interest And Fee Income Loans Held For Sale Mortgages
InterestAndFeeIncomeLoansHeldForSaleMortgages
|
3144345 | USD |
CY2014 | us-gaap |
Interest And Fee Income Loans Held For Sale Mortgages
InterestAndFeeIncomeLoansHeldForSaleMortgages
|
594217 | USD |
CY2013 | us-gaap |
Interest And Fee Income Loans Held For Sale Mortgages
InterestAndFeeIncomeLoansHeldForSaleMortgages
|
0 | USD |
CY2015 | us-gaap |
Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
|
8166961 | USD |
CY2014 | us-gaap |
Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
|
14313293 | USD |
CY2013 | us-gaap |
Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
|
15947892 | USD |
CY2015 | us-gaap |
Other Interest And Dividend Income
OtherInterestAndDividendIncome
|
560349 | USD |
CY2014 | us-gaap |
Other Interest And Dividend Income
OtherInterestAndDividendIncome
|
544558 | USD |
CY2013 | us-gaap |
Other Interest And Dividend Income
OtherInterestAndDividendIncome
|
0 | USD |
CY2015 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
37802556 | USD |
CY2014 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
41592747 | USD |
CY2013 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
26418327 | USD |
CY2015 | zfc |
Interest Expense Lines Of Credit
InterestExpenseLinesOfCredit
|
2151690 | USD |
CY2014 | zfc |
Interest Expense Lines Of Credit
InterestExpenseLinesOfCredit
|
121194 | USD |
CY2013 | zfc |
Interest Expense Lines Of Credit
InterestExpenseLinesOfCredit
|
0 | USD |
CY2015 | us-gaap |
Interest Expense Other Short Term Borrowings
InterestExpenseOtherShortTermBorrowings
|
9432335 | USD |
CY2014 | us-gaap |
Interest Expense Other Short Term Borrowings
InterestExpenseOtherShortTermBorrowings
|
8906849 | USD |
CY2013 | us-gaap |
Interest Expense Other Short Term Borrowings
InterestExpenseOtherShortTermBorrowings
|
3612167 | USD |
CY2015 | us-gaap |
Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
1480616 | USD |
CY2014 | us-gaap |
Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
2544838 | USD |
CY2013 | us-gaap |
Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
2918813 | USD |
CY2015 | us-gaap |
Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
|
5785264 | USD |
CY2014 | us-gaap |
Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
|
5686664 | USD |
CY2013 | us-gaap |
Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
|
563539 | USD |
CY2014 | us-gaap |
Interest Expense
InterestExpense
|
17259545 | USD |
CY2013 | us-gaap |
Interest Expense
InterestExpense
|
7094519 | USD |
CY2013 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
19323808 | USD |
CY2015 | us-gaap |
Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
|
4128476 | USD |
CY2015 | us-gaap |
Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
|
54857 | USD |
CY2014 | us-gaap |
Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
|
45861 | USD |
CY2015 | us-gaap |
Sponsor Fees
SponsorFees
|
2953115 | USD |
CY2014 | us-gaap |
Sponsor Fees
SponsorFees
|
2853896 | USD |
CY2013 | us-gaap |
Sponsor Fees
SponsorFees
|
2629815 | USD |
CY2015 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
30934727 | USD |
CY2014 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
3765784 | USD |
CY2013 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
0 | USD |
CY2015 | us-gaap |
Operating Expenses
OperatingExpenses
|
12294334 | USD |
CY2014 | us-gaap |
Operating Expenses
OperatingExpenses
|
7862308 | USD |
CY2013 | us-gaap |
Operating Expenses
OperatingExpenses
|
5473915 | USD |
CY2015 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
4672368 | USD |
CY2014 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
4511741 | USD |
CY2013 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
1500359 | USD |
CY2015 | us-gaap |
Noninterest Expense
NoninterestExpense
|
50854544 | USD |
CY2014 | us-gaap |
Noninterest Expense
NoninterestExpense
|
18993729 | USD |
CY2013 | us-gaap |
Noninterest Expense
NoninterestExpense
|
9604089 | USD |
CY2015 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4415474 | USD |
CY2014 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-850996 | USD |
CY2013 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2015 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
2996197 | USD |
CY2014 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
29000734 | USD |
CY2013 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
7553465 | USD |
CY2015 | us-gaap |
Profit Loss
ProfitLoss
|
-1419277 | USD |
CY2014 | us-gaap |
Profit Loss
ProfitLoss
|
29851730 | USD |
CY2013 | us-gaap |
Profit Loss
ProfitLoss
|
7553465 | USD |
CY2015 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-158568 | USD |
CY2014 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
3109760 | USD |
CY2013 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
880358 | USD |
CY2015 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-1260709 | USD |
CY2014 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
26741970 | USD |
CY2013 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
6657728 | USD |
CY2015 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.16 | |
CY2014 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
3.35 | |
CY2013 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.92 | |
CY2015 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.16 | |
CY2014 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.08 | |
CY2013 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.92 | |
CY2015 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7970886 | shares |
CY2014 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7970886 | shares |
CY2013 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7273366 | shares |
CY2015 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8897800 | shares |
CY2014 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10677360 | shares |
CY2013 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8200280 | shares |
CY2015 | us-gaap |
Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
|
16353410 | USD |
CY2014 | us-gaap |
Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
|
85579169 | USD |
CY2015 | us-gaap |
Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
36798274 | USD |
CY2014 | us-gaap |
Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
31519288 | USD |
CY2015 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
6362138 | USD |
CY2014 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
47034327 | USD |
CY2015 | us-gaap |
Proceeds From Collection Of Retained Interest In Securitized Receivables
ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables
|
17888188 | USD |
CY2014 | us-gaap |
Proceeds From Collection Of Retained Interest In Securitized Receivables
ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables
|
28197740 | USD |
CY2015 | zfc |
Proceeds From Sale Of Real Estate Securities
ProceedsFromSaleOfRealEstateSecurities
|
26770882 | USD |
CY2014 | zfc |
Proceeds From Sale Of Real Estate Securities
ProceedsFromSaleOfRealEstateSecurities
|
102635229 | USD |
CY2015 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
17031330 | USD |
CY2014 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
12926953 | USD |
CY2015 | us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
5961506 | USD |
CY2014 | us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
11067378 | USD |
CY2015 | us-gaap |
Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
|
0 | USD |
CY2014 | us-gaap |
Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
|
4803750 | USD |
CY2015 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-2771353 | USD |
CY2014 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
5014842 | USD |
CY2015 | us-gaap |
Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
|
18958514 | USD |
CY2015 | us-gaap |
Asset At Fair Value Changes In Fair Value Resulting From Changes In Assumptions
AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions
|
-29378 | USD |
CY2015 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
45936356 | USD |
CY2014 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-31482246 | USD |
CY2015 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
11350864 | USD |
CY2014 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
3576859 | USD |
CY2015 | us-gaap |
Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
|
-3302963 | USD |
CY2014 | us-gaap |
Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
|
64033317 | USD |
CY2015 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
5243481 | USD |
CY2015 | zfc |
Proceeds Received For Final Reconciliation Of Purchase Price
ProceedsReceivedForFinalReconciliationOfPurchasePrice
|
1684263 | USD |
CY2014 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
138210170 | USD |
CY2015 | us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
34957427 | USD |
CY2014 | us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
173787743 | USD |
CY2015 | zfc |
Payments Of Dividends Common Stock And Noncontrolling Interest
PaymentsOfDividendsCommonStockAndNoncontrollingInterest
|
14236480 | USD |
CY2014 | zfc |
Payments Of Dividends Common Stock And Noncontrolling Interest
PaymentsOfDividendsCommonStockAndNoncontrollingInterest
|
19130270 | USD |
CY2015 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-35852525 | USD |
CY2014 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
12902333 | USD |
CY2015 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-12997297 | USD |
CY2014 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-23269793 | USD |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
57060806 | USD |
CY2015 | us-gaap |
Interest Paid
InterestPaid
|
17536164 | USD |
CY2014 | us-gaap |
Interest Paid
InterestPaid
|
18666057 | USD |
CY2014 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD |
CY2015 | us-gaap |
Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
|
3806064 | USD |
CY2014 | us-gaap |
Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
|
0 | USD |
CY2015 | us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
644304 | USD |
CY2014 | us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
-5306841 | USD |
CY2015 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
1034305 | USD |
CY2014 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
935690 | USD |
CY2015 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
933812 | USD |
CY2014 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
154010 | USD |
CY2015 | us-gaap |
Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
|
1893833985 | USD |
CY2014 | us-gaap |
Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
|
245140671 | USD |
CY2015 | us-gaap |
Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
1851206995 | USD |
CY2014 | us-gaap |
Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
253934598 | USD |
CY2015 | zfc |
Gain Loss On Sales Of Mortgage Loans Held For Sale
GainLossOnSalesOfMortgageLoansHeldForSale
|
61322192 | USD |
CY2014 | zfc |
Gain Loss On Sales Of Mortgage Loans Held For Sale
GainLossOnSalesOfMortgageLoansHeldForSale
|
-3615357 | USD |
CY2015 | zfc |
Increase Decrease In Servicing Assets
IncreaseDecreaseInServicingAssets
|
18958514 | USD |
CY2014 | zfc |
Increase Decrease In Servicing Assets
IncreaseDecreaseInServicingAssets
|
2763014 | USD |
CY2015 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-1614564 | USD |
CY2014 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-559791 | USD |
CY2015 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
7100795 | USD |
CY2014 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
2818360 | USD |
CY2015 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
-145313 | USD |
CY2014 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
0 | USD |
CY2015 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-23081128 | USD |
CY2014 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-4689880 | USD |
CY2015 | zfc |
Origination Of Mortgage Loans Held For Investment
OriginationOfMortgageLoansHeldForInvestment
|
6201147 | USD |
CY2014 | zfc |
Origination Of Mortgage Loans Held For Investment
OriginationOfMortgageLoansHeldForInvestment
|
0 | USD |
CY2014 | zfc |
Proceeds Received For Final Reconciliation Of Purchase Price
ProceedsReceivedForFinalReconciliationOfPurchasePrice
|
0 | USD |
CY2015 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
50000 | USD |
CY2014 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
0 | USD |
CY2015 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD |
CY2015Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
CY2015Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2015Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2015 | us-gaap |
Goodwill Other Changes
GoodwillOtherChanges
|
385610 | USD |
CY2015 | zfc |
Finalization Of Purchase Price
FinalizationOfPurchasePrice
|
-1943533 | USD |
CY2015 | zfc |
Proceeds From Escrow Deposit Disbursements Related To Property Acquisition
ProceedsFromEscrowDepositDisbursementsRelatedToPropertyAcquisition
|
-1684263 | USD |
CY2015 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
259269 | USD |
CY2014Q4 | zfc |
Final Purchase Price Of Acquisition Before Contingent Consideration
FinalPurchasePriceOfAcquisitionBeforeContingentConsideration
|
61163189 | USD |
CY2014 | us-gaap |
Line Of Credit Facility Maximum Amount Outstanding During Period
LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
|
310575669 | USD |
CY2015 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
788341 | USD |
CY2014Q4 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
131389 | USD |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
732776 | USD |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
455004 | USD |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
455004 | USD |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
455004 | USD |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
919730 | USD |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
131389 | USD |
CY2015 | zfc |
Goodwill Tax Deductible Period
GoodwillTaxDeductiblePeriod
|
P15Y | |
CY2014Q4 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
|
267509905 | USD |
CY2013Q4 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
|
223401697 | USD |
CY2015 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Additions
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAdditions
|
0 | USD |
CY2014 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Additions
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAdditions
|
55532098 | USD |
CY2015 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
|
25582964 | USD |
CY2014 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
|
26137006 | USD |
CY2015 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Reclassifications From Nonaccretable Difference
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsFromNonaccretableDifference
|
5825003 | USD |
CY2014 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Reclassifications From Nonaccretable Difference
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsFromNonaccretableDifference
|
14713116 | USD |
CY2015Q4 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
|
247751944 | USD |
CY2015 | zfc |
Transfers From Mortgage Loans Held For Investments
TransfersFromMortgageLoansHeldForInvestments
|
-443932 | USD |
CY2015 | us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
1893833985 | USD |
CY2015Q4 | us-gaap |
Principal Amount Outstanding On Loans Held For Sale Or Securitization
PrincipalAmountOutstandingOnLoansHeldForSaleOrSecuritization
|
111393424 | USD |
CY2014Q4 | us-gaap |
Principal Amount Outstanding On Loans Held For Sale Or Securitization
PrincipalAmountOutstandingOnLoansHeldForSaleOrSecuritization
|
92917659 | USD |
CY2015 | us-gaap |
Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
|
4157854 | USD |
CY2015 | us-gaap |
Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
|
10641288 | USD |
CY2014 | us-gaap |
Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
|
1412583 | USD |
CY2015 | us-gaap |
Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
|
64 | USD |
CY2014 | us-gaap |
Late Fee Income Generated By Servicing Financial Assets Amount
LateFeeIncomeGeneratedByServicingFinancialAssetsAmount
|
60 | USD |
CY2015 | zfc |
Contractually Specified Subservicing Fees Amount
ContractuallySpecifiedSubservicingFeesAmount
|
3548921 | USD |
CY2014 | zfc |
Contractually Specified Subservicing Fees Amount
ContractuallySpecifiedSubservicingFeesAmount
|
482925 | USD |
CY2015 | us-gaap |
Servicing Fees Net
ServicingFeesNet
|
7092431 | USD |
CY2014 | us-gaap |
Servicing Fees Net
ServicingFeesNet
|
929718 | USD |
CY2015 | zfc |
Expiration Date
ExpirationDate
|
June 2016 – November 2016 | |
CY2014 | zfc |
Expiration Date
ExpirationDate
|
January 2015 – June 2016 | |
CY2015 | us-gaap |
Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
|
0.0316 | pure |
CY2014 | us-gaap |
Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
|
0.0311 | pure |
CY2015 | us-gaap |
Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
|
688271 | USD |
CY2014 | us-gaap |
Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
|
193332 | USD |
CY2015 | us-gaap |
Line Of Credit Facility Maximum Amount Outstanding During Period
LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
|
302037635 | USD |
CY2015 | us-gaap |
Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
|
44847548 | USD |
CY2014 | us-gaap |
Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
|
5344361 | USD |
CY2015 | us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
762239 | USD |
CY2014 | us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
118895 | USD |
CY2015 | us-gaap |
Fees And Commissions Mortgage Banking
FeesAndCommissionsMortgageBanking
|
1772153 | USD |
CY2014 | us-gaap |
Fees And Commissions Mortgage Banking
FeesAndCommissionsMortgageBanking
|
213540 | USD |
CY2015 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
3547809 | USD |
CY2013 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
0 | USD |
CY2015 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
867665 | USD |
CY2013 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
0 | USD |
CY2015 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
4415474 | USD |
CY2013 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | USD |
CY2014 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | USD |
CY2014 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
0 | USD |
CY2014 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | USD |
CY2014 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-677780 | USD |
CY2014 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-173216 | USD |
CY2014 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-850996 | USD |
CY2015 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | USD |
CY2013 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | USD |
CY2015 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
0 | USD |
CY2013 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
0 | USD |
CY2015 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | USD |
CY2013 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | USD |
CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.3500 | pure |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.3500 | pure |
CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
-0.0082 | pure |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.00 | pure |
CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.0231 | pure |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.00 | pure |
CY2014Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
671913 | USD |
CY2015Q4 | zfc |
Servicing Advances
ServicingAdvances
|
3546186 | USD |
CY2014Q4 | zfc |
Servicing Advances
ServicingAdvances
|
1987073 | USD |
CY2015Q4 | us-gaap |
Escrow Deposit
EscrowDeposit
|
24985730 | USD |
CY2014Q4 | us-gaap |
Escrow Deposit
EscrowDeposit
|
25619979 | USD |
CY2015Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
807361 | USD |
CY2015Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
682321 | USD |
CY2015Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
130080 | USD |
CY2015Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
0 | USD |
CY2015Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
0 | USD |
CY2015Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
|
471866931 | USD |
CY2014Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
|
493384515 | USD |
CY2015Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
|
0 | USD |
CY2014Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
|
0 | USD |
CY2015Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
|
471866931 | USD |
CY2014Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
|
493384515 | USD |
CY2015Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
|
468452757 | USD |
CY2014Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
|
491839706 | USD |
CY2015Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
|
3414174 | USD |
CY2014Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
|
1544809 | USD |
CY2015Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
|
0 | USD |
CY2014Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
|
0 | USD |
CY2015 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
37802556 | USD |
CY2015 | us-gaap |
Noninterest Income
NoninterestIncome
|
48876274 | USD |
CY2015 | us-gaap |
Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
|
-14989408 | USD |
CY2015 | us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
1183083 | USD |
CY2015 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
-171859 | USD |
CY2015 | us-gaap |
Other Expenses
OtherExpenses
|
3738559 | USD |
CY2015 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
933811 | USD |
CY2015 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
4672368 | USD |
CY2014 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
41592747 | USD |
CY2014 | us-gaap |
Noninterest Income
NoninterestIncome
|
4730212 | USD |
CY2014 | us-gaap |
Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
|
19090520 | USD |
CY2014 | us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
5762254 | USD |
CY2014 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
-5921725 | USD |
CY2014 | us-gaap |
Other Expenses
OtherExpenses
|
2180113 | USD |
CY2014 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
154011 | USD |
CY2014 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
4511741 | USD |
CY2015Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2014Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2015Q4 | us-gaap |
Pledged Financial Instruments Not Separately Reported Securities For Repurchase Agreements
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements
|
394942512 | USD |
CY2014Q4 | us-gaap |
Pledged Financial Instruments Not Separately Reported Securities For Repurchase Agreements
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements
|
415814067 | USD |
CY2015Q4 | zfc |
Mortgage Loans Held For Sale Amount Pledged As Collateral
MortgageLoansHeldForSaleAmountPledgedAsCollateral
|
115942230 | USD |
CY2014Q4 | zfc |
Mortgage Loans Held For Sale Amount Pledged As Collateral
MortgageLoansHeldForSaleAmountPledgedAsCollateral
|
97690960 | USD |
CY2015Q4 | us-gaap |
Financial Instruments Owned And Pledged As Collateral At Fair Value
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
|
95627850 | USD |
CY2014Q4 | us-gaap |
Financial Instruments Owned And Pledged As Collateral At Fair Value
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
|
135779193 | USD |
CY2015Q4 | us-gaap |
Pledged Assets Not Separately Reported Other Financial Instruments
PledgedAssetsNotSeparatelyReportedOtherFinancialInstruments
|
1989174 | USD |
CY2014Q4 | us-gaap |
Pledged Assets Not Separately Reported Other Financial Instruments
PledgedAssetsNotSeparatelyReportedOtherFinancialInstruments
|
2040532 | USD |
CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
7970886 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
7970886 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
7970886 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
7970886 | shares |
CY2013 | us-gaap |
Noninterest Income
NoninterestIncome
|
0 | USD |
CY2015 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-13978184 | USD |
CY2014 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
18931049 | USD |
CY2013 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-2166254 | USD |
CY2013 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
5614815 | USD |
CY2015 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | USD |
CY2014 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | USD |
CY2013 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
15379 | USD |
CY2012Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
65140795 | USD |
CY2013 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
1965060 | USD |
CY2015 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
1483064 | USD |
CY2014 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
1483064 | USD |
CY2013 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
16898276 | USD |
CY2014 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
12753416 | USD |
CY2015 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
12753416 | USD |
CY2015 | us-gaap |
Contribution Of Property
ContributionOfProperty
|
50000 | USD |
CY2013Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
177768562 | USD |
CY2013 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
5440175 | USD |
CY2013 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
133000 | USD |
CY2013 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
118862500 | USD |
CY2013 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
216658 | USD |
CY2013 | us-gaap |
Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
|
0 | USD |
CY2013 | us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
1281997 | USD |
CY2013 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
88457 | USD |
CY2013 | zfc |
Increase Decrease In Servicing Assets
IncreaseDecreaseInServicingAssets
|
0 | USD |
CY2013 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1321134 | USD |
CY2013 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
1302727 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
8131267 | USD |
CY2013 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
0 | USD |
CY2013 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD |
CY2015 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD |
CY2014 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
49542840 | USD |
CY2013 | zfc |
Origination Of Mortgage Loans Held For Investment
OriginationOfMortgageLoansHeldForInvestment
|
0 | USD |
CY2013 | us-gaap |
Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
|
334162044 | USD |
CY2013 | us-gaap |
Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
13871059 | USD |
CY2013 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
406263789 | USD |
CY2013 | us-gaap |
Proceeds From Collection Of Retained Interest In Securitized Receivables
ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables
|
46752670 | USD |
CY2013 | zfc |
Proceeds From Sale Of Real Estate Securities
ProceedsFromSaleOfRealEstateSecurities
|
291348906 | USD |
CY2013 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
0 | USD |
CY2013 | us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
0 | USD |
CY2013 | us-gaap |
Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
|
0 | USD |
CY2013 | zfc |
Proceeds Received For Final Reconciliation Of Purchase Price
ProceedsReceivedForFinalReconciliationOfPurchasePrice
|
0 | USD |
CY2013 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-1639915 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-386813283 | USD |
CY2014 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
CY2013 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
118862500 | USD |
CY2014 | us-gaap |
Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
|
0 | USD |
CY2013 | us-gaap |
Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
|
5750512 | USD |
CY2013 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
0 | USD |
CY2013 | us-gaap |
Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
|
236058976 | USD |
CY2013 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
366103785 | USD |
CY2013 | us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
343592574 | USD |
CY2015 | us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
0 | USD |
CY2014 | us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
0 | USD |
CY2013 | us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
54450594 | USD |
CY2015 | us-gaap |
Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
|
0 | USD |
CY2014 | us-gaap |
Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
|
0 | USD |
CY2013 | us-gaap |
Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
|
1324406 | USD |
CY2015 | us-gaap |
Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
|
0 | USD |
CY2014 | us-gaap |
Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
|
0 | USD |
CY2013 | us-gaap |
Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
|
148379 | USD |
CY2015 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD |
CY2014 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD |
CY2013 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
216658 | USD |
CY2013 | zfc |
Payments Of Dividends Common Stock And Noncontrolling Interest
PaymentsOfDividendsCommonStockAndNoncontrollingInterest
|
10410426 | USD |
CY2013 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
0 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
416681712 | USD |
CY2013 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
37999696 | USD |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
19061110 | USD |
CY2013 | us-gaap |
Interest Paid
InterestPaid
|
5696619 | USD |
CY2013 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD |
CY2013 | us-gaap |
Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
|
0 | USD |
CY2013Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
8452910 | USD |
CY2015 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b><i>Estimates</i></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may ultimately differ from those estimates.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2015Q4 | us-gaap |
Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
|
1200000 | USD |
CY2015 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | pure |
CY2015 | us-gaap |
Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0in; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0in; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b><i>Liability for Loan Repurchases and Indemnifications</i></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">Loans sold to investors by the Company and which met investor and agency underwriting guidelines at the time of sale may be subject to repurchase or indemnification in the event of specific default by the borrower or subsequent discovery that underwriting standards were not met. The Company may, upon mutual agreement, agree to repurchase the loans or indemnify the investor against future losses on such loans. In such cases, the Company bears any subsequent credit loss on the loans. The Company has established a liability for potential losses related to these representations and warranties with a corresponding provision recorded for loan indemnification losses. The liability is included in accounts payable and other liabilities in the Company's consolidated balance sheets and the provision for loan indemnification is included in mortgage banking activities, net in the Company's consolidated statements of operations. In assessing the adequacy of the liability, management evaluates various factors including historical repurchases and indemnifications, historical loss experience, known delinquent and other problem loans, outstanding repurchase demands, historical rescission rates and economic trends and conditions in the industry. Actual losses incurred are reflected as charge-offs against the reserve liability.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">Because of the uncertainty in the various estimates underlying the loan indemnification reserve, there is a range of losses in excess of the recorded loan indemnification reserve that is reasonably possible. The estimate of the range of possible losses for representations and warranties does not represent a probable loss, and is based on current available information, significant judgment, and a number of assumptions that are subject to change.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b><i> </i></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b><i>Loss Contingencies</i></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">Certain conditions may exist as of the date the financial statements are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company’s management and its legal counsel assess such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or unasserted claims that may result in such proceedings, the Company’s legal counsel evaluates the perceived merits of any legal proceedings or unasserted claims as well as the perceived merits of the amount of relief available, sought or expected to be sought therein.<br/> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be reasonably estimated, then the estimated liability would be accrued in the Company’s financial statements. If the assessment indicates that a potentially material loss contingency is not probable, but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, together with an estimate of the range of possible loss if determinable, would be disclosed.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><font style="WIDOWS: 1; TEXT-TRANSFORM: none; TEXT-INDENT: 48px; LETTER-SPACING: normal; DISPLAY: inline !important; FONT: 13px 'Times New Roman', Times, serif; WHITE-SPACE: normal; FLOAT: none; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px" >Legal costs are recorded on an accrual basis as incurred.</font><b><i> </i></b></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2015 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-9305484 | USD |
CY2014 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
22810802 | USD |
CY2013 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
7136482 | USD |
CY2015 | us-gaap |
Threshold Period Past Due For Writeoff Of Financing Receivable
ThresholdPeriodPastDueForWriteoffOfFinancingReceivable
|
P60D | |
CY2012Q4 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
|
0 | USD |
CY2013 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Additions
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAdditions
|
222899189 | USD |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
788340 | USD |
CY2013 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
|
10470435 | USD |
CY2013 | us-gaap |
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Reclassifications From Nonaccretable Difference
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsFromNonaccretableDifference
|
10972942 | USD |
CY2015 | us-gaap |
Mortgage Loans On Real Estate Minimum Interest Rate In Range
MortgageLoansOnRealEstateMinimumInterestRateInRange
|
0.0175 | pure |
CY2015 | us-gaap |
Mortgage Loans On Real Estate Maximum Interest Rate In Range
MortgageLoansOnRealEstateMaximumInterestRateInRange
|
0.1220 | pure |
CY2014 | us-gaap |
Mortgage Loans On Real Estate Minimum Interest Rate In Range
MortgageLoansOnRealEstateMinimumInterestRateInRange
|
0.0175 | pure |
CY2014 | us-gaap |
Mortgage Loans On Real Estate Maximum Interest Rate In Range
MortgageLoansOnRealEstateMaximumInterestRateInRange
|
0.1220 | pure |
CY2015Q4 | us-gaap |
Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
|
1784670 | USD |
CY2014Q4 | us-gaap |
Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
|
1282669 | USD |
CY2015Q4 | us-gaap |
Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
|
5597611 | USD |
CY2014Q4 | us-gaap |
Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
|
4762509 | USD |
CY2013Q4 | us-gaap |
Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
|
0 | USD |
CY2015 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
|
0 | USD |
CY2014 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
|
92512390 | USD |
CY2014 | us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
245140671 | USD |
CY2014 | zfc |
Transfers From Mortgage Loans Held For Investments
TransfersFromMortgageLoansHeldForInvestments
|
0 | USD |
CY2015Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
981775 | USD |
CY2015Q4 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
8902859 | USD |
CY2015Q3 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
9650952 | USD |
CY2015Q2 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
9561348 | USD |
CY2015Q1 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
9687397 | USD |
CY2015Q4 | us-gaap |
Interest Expense
InterestExpense
|
4664825 | USD |
CY2015Q3 | us-gaap |
Interest Expense
InterestExpense
|
4711854 | USD |
CY2015Q2 | us-gaap |
Interest Expense
InterestExpense
|
4727749 | USD |
CY2015Q1 | us-gaap |
Interest Expense
InterestExpense
|
4745477 | USD |
CY2015Q4 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
4238034 | USD |
CY2015Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
4939098 | USD |
CY2015Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
4833599 | USD |
CY2015Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
4941920 | USD |
CY2015Q4 | us-gaap |
Noninterest Income
NoninterestIncome
|
13126246 | USD |
CY2015Q3 | us-gaap |
Noninterest Income
NoninterestIncome
|
8943047 | USD |
CY2015Q2 | us-gaap |
Noninterest Income
NoninterestIncome
|
17430551 | USD |
CY2015Q1 | us-gaap |
Noninterest Income
NoninterestIncome
|
9376430 | USD |
CY2015Q4 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-5192110 | USD |
CY2015Q3 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-7986942 | USD |
CY2015Q2 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
1082596 | USD |
CY2015Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-1881728 | USD |
CY2015Q4 | us-gaap |
Noninterest Expense
NoninterestExpense
|
12095213 | USD |
CY2015Q3 | us-gaap |
Noninterest Expense
NoninterestExpense
|
12857112 | USD |
CY2015Q2 | us-gaap |
Noninterest Expense
NoninterestExpense
|
13737314 | USD |
CY2015Q1 | us-gaap |
Noninterest Expense
NoninterestExpense
|
12164905 | USD |
CY2015Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1911578 | USD |
CY2015Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-250491 | USD |
CY2015Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2899916 | USD |
CY2015Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-145529 | USD |
CY2015Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-1834621 | USD |
CY2015Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-6711418 | USD |
CY2015Q2 | us-gaap |
Profit Loss
ProfitLoss
|
6709516 | USD |
CY2015Q1 | us-gaap |
Profit Loss
ProfitLoss
|
417246 | USD |
CY2015Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-1647554 | USD |
CY2015Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-6040746 | USD |
CY2015Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
6053811 | USD |
CY2015Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
373780 | USD |
CY2015Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.21 | |
CY2015Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.76 | |
CY2015Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.76 | |
CY2015Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.05 | |
CY2015Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.21 | |
CY2015Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.76 | |
CY2015Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.65 | |
CY2015Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.05 | |
CY2015Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7970886 | shares |
CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7970886 | shares |
CY2015Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7970886 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7970886 | shares |
CY2015Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8897800 | shares |
CY2015Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8897800 | shares |
CY2015Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10677360 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8897800 | shares |
CY2014Q4 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
10267875 | USD |
CY2014Q3 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
11000619 | USD |
CY2014Q2 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
10831220 | USD |
CY2014Q1 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
9493033 | USD |
CY2014Q4 | us-gaap |
Interest Expense
InterestExpense
|
4447530 | USD |
CY2014Q3 | us-gaap |
Interest Expense
InterestExpense
|
4491678 | USD |
CY2014Q2 | us-gaap |
Interest Expense
InterestExpense
|
4416385 | USD |
CY2014Q1 | us-gaap |
Interest Expense
InterestExpense
|
3903952 | USD |
CY2014Q4 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
5820345 | USD |
CY2014Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
6508941 | USD |
CY2014Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
6414835 | USD |
CY2014Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
5589081 | USD |
CY2014Q4 | us-gaap |
Noninterest Income
NoninterestIncome
|
4730212 | USD |
CY2014Q3 | us-gaap |
Noninterest Income
NoninterestIncome
|
0 | USD |
CY2014Q2 | us-gaap |
Noninterest Income
NoninterestIncome
|
0 | USD |
CY2014Q1 | us-gaap |
Noninterest Income
NoninterestIncome
|
0 | USD |
CY2014Q4 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-2944631 | USD |
CY2014Q3 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-1805117 | USD |
CY2014Q2 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
22688696 | USD |
CY2014Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
992101 | USD |
CY2014Q4 | us-gaap |
Noninterest Expense
NoninterestExpense
|
8239984 | USD |
CY2014Q3 | us-gaap |
Noninterest Expense
NoninterestExpense
|
3424026 | USD |
CY2014Q2 | us-gaap |
Noninterest Expense
NoninterestExpense
|
3231396 | USD |
CY2014Q1 | us-gaap |
Noninterest Expense
NoninterestExpense
|
4098323 | USD |
CY2014Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-850996 | USD |
CY2014Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2014Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2014Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2014Q4 | us-gaap |
Profit Loss
ProfitLoss
|
216938 | USD |
CY2014Q3 | us-gaap |
Profit Loss
ProfitLoss
|
1279798 | USD |
CY2014Q2 | us-gaap |
Profit Loss
ProfitLoss
|
25872135 | USD |
CY2014Q1 | us-gaap |
Profit Loss
ProfitLoss
|
2482859 | USD |
CY2014Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
194337 | USD |
CY2014Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1149497 | USD |
CY2014Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
23173931 | USD |
CY2014Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
2224205 | USD |
CY2014Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.02 | |
CY2014Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.14 | |
CY2014Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.91 | |
CY2014Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.28 | |
CY2014Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.02 | |
CY2014Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.14 | |
CY2014Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.47 | |
CY2014Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.28 | |
CY2014Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7970886 | shares |
CY2014Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7970886 | shares |
CY2014Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7970886 | shares |
CY2014Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7970886 | shares |
CY2014Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8897800 | shares |
CY2014Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8897800 | shares |
CY2014Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10677360 | shares |
CY2014Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8897800 | shares |
CY2013Q4 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
0 | USD |
CY2014 | us-gaap |
Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
|
32300337 | USD |
CY2014 | us-gaap |
Asset At Fair Value Changes In Fair Value Resulting From Changes In Assumptions
AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions
|
1420925 | USD |
CY2014 | us-gaap |
Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
|
263448 | USD |
CY2013 | us-gaap |
Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
|
0 | USD |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.3400 | pure |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.1361 | pure |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.3711 | pure |
CY2014Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
1207520 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
519503 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
1762628 | USD |
CY2015Q4 | us-gaap |
Shares Subject To Mandatory Redemption Settlement Terms Number Of Shares Indexed
SharesSubjectToMandatoryRedemptionSettlementTermsNumberOfSharesIndexed
|
515035 | shares |
CY2013Q1 | us-gaap |
Shares Subject To Mandatory Redemption Settlement Terms Number Of Shares Indexed
SharesSubjectToMandatoryRedemptionSettlementTermsNumberOfSharesIndexed
|
265245 | shares |
CY2013Q1 | us-gaap |
Other Liabilities
OtherLiabilities
|
5800000 | USD |
CY2015 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
0 | USD |
CY2014 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
3240561 | USD |
CY2013 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
0 | USD |
CY2015 | us-gaap |
Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
|
0 | USD |
CY2014 | us-gaap |
Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
|
-256068 | USD |
CY2013 | us-gaap |
Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
|
0 | USD |
CY2015 | us-gaap |
Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
|
0 | USD |
CY2014 | us-gaap |
Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
|
2984493 | USD |
CY2015 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-1419277 | USD |
CY2014 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
32836223 | USD |
CY2013 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
7538086 | USD |
CY2015 | zfc |
Weighted Average Number Of Sharesop Units
WeightedAverageNumberOfSharesopUnits
|
926914 | shares |
CY2014 | zfc |
Weighted Average Number Of Sharesop Units
WeightedAverageNumberOfSharesopUnits
|
926914 | shares |
CY2013 | zfc |
Weighted Average Number Of Sharesop Units
WeightedAverageNumberOfSharesopUnits
|
926914 | shares |
CY2015 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares |
CY2014 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
1779560 | shares |
CY2013 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares |
CY2015 | us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
9915 | USD |
CY2014 | us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
0 | USD |
CY2013 | us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
0 | USD |
CY2015 | us-gaap |
Costs And Expenses Related Party
CostsAndExpensesRelatedParty
|
867415 | USD |
CY2014 | us-gaap |
Costs And Expenses Related Party
CostsAndExpensesRelatedParty
|
984603 | USD |
CY2014Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
117678075 | USD |
CY2014Q4 | us-gaap |
Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
|
2177617 | USD |
CY2015Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
216072457 | USD |
CY2014Q4 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | pure |
CY2015 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
399970 | USD |
CY2014 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
69719 | USD |
CY2013 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
0 | USD |
CY2015 | us-gaap |
Concentration Risk Credit Risk Uninsured Deposits
ConcentrationRiskCreditRiskUninsuredDeposits
|
The Company's deposits with financial institutions may exceed federally insurable limits of $250,000 per institution. | |
CY2014 | invest |
Investment Options Expiration Date
InvestmentOptionsExpirationDate
|
2015-01-15 | |
CY2014 | us-gaap |
Goodwill Other Changes
GoodwillOtherChanges
|
1943533 | USD |
CY2015 | us-gaap |
Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
|
0 | USD |
CY2014 | us-gaap |
Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
|
2763014 | USD |
CY2013 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
0 | USD |
CY2013 | us-gaap |
Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
|
0 | USD |
CY2013 | us-gaap |
Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
0 | USD |
CY2013 | zfc |
Gain Loss On Sales Of Mortgage Loans Held For Sale
GainLossOnSalesOfMortgageLoansHeldForSale
|
0 | USD |
CY2015 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
1.4737 | pure |
CY2014 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.0294 | pure |
CY2013 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.00 | pure |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
0.5888 | pure |
CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
-0.3946 | pure |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
-0.3500 | pure |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
|
0.0242 | pure |
CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
|
0.0003 | pure |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
|
0.00 | pure |
CY2015Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
3586676 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
673052 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
5689164 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
303725 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
357663 | USD |
CY2015Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
7491014 | USD |
CY2014Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
357663 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
-3564478 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
1880572 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
850996 | USD |
CY2015Q4 | us-gaap |
Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
|
797981 | USD |
CY2014Q4 | us-gaap |
Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
|
122986 | USD |
CY2015 | us-gaap |
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
29378 | USD |
CY2014 | us-gaap |
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
-1420925 | USD |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.0135 | pure |
CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.00 | pure |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.00 | pure |
CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
|
333946 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
|
0 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
|
249745 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
|
0 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
634491 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
0 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
|
364803 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
|
0 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Liabilities Mortgage Servicing Rights
DeferredTaxLiabilitiesMortgageServicingRights
|
7187289 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Liabilities Mortgage Servicing Rights
DeferredTaxLiabilitiesMortgageServicingRights
|
USD | |
CY2015Q4 | us-gaap |
Accrued Employee Benefits Current And Noncurrent
AccruedEmployeeBenefitsCurrentAndNoncurrent
|
5692244 | USD |
CY2014Q4 | us-gaap |
Accrued Employee Benefits Current And Noncurrent
AccruedEmployeeBenefitsCurrentAndNoncurrent
|
1466899 | USD |
CY2015Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
4714192 | USD |
CY2014Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
5220346 | USD |
CY2015Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
3201000 | USD |
CY2014Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
2662162 | USD |
CY2015Q4 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
3564478 | USD |
CY2014Q4 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
0 | USD |
CY2015Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
985310 | USD |
CY2014Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
856834 | USD |
CY2015Q4 | us-gaap |
Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
|
415389 | USD |
CY2014Q4 | us-gaap |
Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
|
1524848 | USD |
CY2015Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
18572613 | USD |
CY2014Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
11731089 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
3926536 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
1208659 | USD |
CY2015Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
7500000 | USD |
CY2014 | zfc |
Unrealized Gain Loss On Other Investment Securities
UnrealizedGainLossOnOtherInvestmentSecurities
|
-226224 | USD |
CY2013 | zfc |
Unrealized Gain Loss On Other Investment Securities
UnrealizedGainLossOnOtherInvestmentSecurities
|
0 | USD |
CY2015 | zfc |
Unrealized Gain Loss On Real Estate Owned
UnrealizedGainLossOnRealEstateOwned
|
-435282 | USD |
CY2015 | zfc |
Operating Loss Carryforwards Expiration Description
OperatingLossCarryforwardsExpirationDescription
|
The Company is allowed to carryforward its net operating losses for 20 years under U.S. Federal Income tax law and between 12 and 20 years in the majority of states which it operates in. The Company's net operating losses will expire between the years 2026-2035. | |
CY2015 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><b><font style="FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font>1. Formation and Organization</font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">ZAIS Financial Corp. and subsidiaries (the "Company") is a Maryland corporation invests in residential mortgage loans. GMFS, LLC (“GMFS”), a mortgage banking platform the Company acquired in October 2014, originates, sells and services mortgage loans and the Company acquires performing, re-performing and newly originated loans through other channels. The Company also invests in, finances and manages residential mortgage-backed securities ("RMBS") that are not issued or guaranteed by a federally chartered corporation, such as the Federal National Mortgage Association ("Fannie Mae"), the Federal Home Loan Mortgage Corporation ("Freddie Mac"), or an agency of the U.S. Government, such as Government National Mortgage Association ("Ginnie Mae") ("non-Agency RMBS"), with an emphasis on securities that, when originally issued, were rated in the highest rating category by one or more of the nationally recognized statistical rating organizations. The Company also has the discretion to invest in RMBS that are issued or guaranteed by a federally chartered corporation or a U.S. Government agency ("Agency RMBS"), including through To-Be-Announced ("TBA") contracts, and in other real estate-related and financial assets.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">As announced on November 4, 2015, the Company has engaged a financial advisor to assist it in evaluating potential strategic alternatives to enhance stockholder value. The continuing strategic review includes the exploration of merger or sale transactions involving the Company or a liquidation of Company's assets. In light of the strategic review and in order to reduce current market risk in its investment portfolio, the Company has recently begun the process of selling its seasoned, re-performing mortgage loans from its residential mortgage investments segment. A sale of these assets is expected to be completed early in the second quarter of 2016. Additionally, as part of the strategic review, the Company has made the recent decision to cease the purchase of newly originated residential mortgage loans as part of its mortgage conduit purchase program and will begin the unwinding of the Company’s mortgage conduit business.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The Company and its financial advisor have engaged in preliminary discussions with several potential counterparties. While the Company is currently engaged in discussions with a potential counterparty about a potential merger or sale transaction, there is no assurance that the discussions will lead to a definitive merger or sale transaction, which would be subject to approval by the Company’s board of directors and its stockholders. In the event that the Company does not reach a definitive agreement with respect to a merger or sale transaction, management of the Company intends to present to the Company’s board of directors for its consideration a plan of liquidation. There is no assurance that the Company’s board of directors will approve any plan of liquidation and recommend its acceptance by the Company’s stockholders.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <font style="FONT-SIZE: 10pt"></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The Company's income is generated primarily by the net spread between the income it earns on its assets and the cost of its financing and hedging activities in its residential mortgage investments segment, and the origination, sale and servicing of residential mortgage loans in its residential mortgage banking segment. The Company's objective is to provide attractive risk-adjusted returns to its stockholders, primarily through quarterly dividend distributions and secondarily through capital appreciation.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"></font> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The Company was incorporated in Maryland on May 24, 2011, and has elected to be taxed and to qualify as a real estate investment trust ("REIT") beginning with the taxable year ended December 31, 2011. The Company completed its formation transaction and commenced operations on July 29, 2011. On February 13, 2013, the Company completed its initial public offering ("IPO"), pursuant to which the Company sold <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 5,650,000</font> shares of its common stock at a price of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">21.25</font> per share for gross proceeds of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">120.1</font> million. Net proceeds, after the payment of offering costs of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">1.2</font> million, were $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">118.9</font> million.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <font style="FONT-SIZE: 10pt"></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The Company's charter authorizes the issuance of up to <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 500,000,000</font> shares of common stock with a par value of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">0.0001</font> per share, and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 50,000,000</font> shares of preferred stock, with a par value of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">0.0001</font> per share. The Company's board of directors is authorized to amend its charter, without the approval of stockholders, to increase the aggregate number of authorized shares of capital stock or the number of shares of any class or series of capital stock or to classify and reclassify any unissued shares of its capital stock into other classes or series of stock that the Company has the authority to issue.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The Company is the sole general partner of, and conducts substantially all of its business through, ZAIS Financial Partners, L.P., the Company's consolidated operating partnership subsidiary (the "Operating Partnership"). The Company is externally managed by ZAIS REIT Management, LLC (the "Advisor"), a subsidiary of ZAIS Group, LLC ("ZAIS"), and has no employees except for those employed by GMFS. GMFS had 246 employees at December 31, 2015.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2015 | zfc |
Business Combination Recognized Identifiable Assets Acquired
BusinessCombinationRecognizedIdentifiableAssetsAcquired
|
16512680 | USD |
CY2015 | zfc |
Unrealized Gain Loss On Mortgage Loans
UnrealizedGainLossOnMortgageLoans
|
-9368719 | USD |
CY2014 | zfc |
Unrealized Gain Loss On Mortgage Loans
UnrealizedGainLossOnMortgageLoans
|
22814340 | USD |
CY2013 | zfc |
Unrealized Gain Loss On Mortgage Loans
UnrealizedGainLossOnMortgageLoans
|
7136482 | USD |
CY2015 | zfc |
Unrealized Gain Loss On Real Estate Securities
UnrealizedGainLossOnRealEstateSecurities
|
-4851240 | USD |
CY2014 | zfc |
Unrealized Gain Loss On Real Estate Securities
UnrealizedGainLossOnRealEstateSecurities
|
-2993640 | USD |
CY2013 | zfc |
Unrealized Gain Loss On Real Estate Securities
UnrealizedGainLossOnRealEstateSecurities
|
-7170706 | USD |
CY2015 | zfc |
Unrealized Gain Loss On Other Investment Securities
UnrealizedGainLossOnOtherInvestmentSecurities
|
-334167 | USD |
CY2014 | zfc |
Unrealized Gain Loss On Real Estate Owned
UnrealizedGainLossOnRealEstateOwned
|
-503956 | USD |
CY2013 | zfc |
Unrealized Gain Loss On Real Estate Owned
UnrealizedGainLossOnRealEstateOwned
|
0 | USD |
CY2015 | zfc |
Realized Gain Loss On Other Investment Securities
RealizedGainLossOnOtherInvestmentSecurities
|
-154554 | USD |
CY2014 | zfc |
Realized Gain Loss On Other Investment Securities
RealizedGainLossOnOtherInvestmentSecurities
|
226743 | USD |
CY2013 | zfc |
Realized Gain Loss On Other Investment Securities
RealizedGainLossOnOtherInvestmentSecurities
|
0 | USD |
CY2015 | zfc |
Realized Gain Loss On Real Estate Owned
RealizedGainLossOnRealEstateOwned
|
-160341 | USD |
CY2014 | zfc |
Realized Gain Loss On Real Estate Owned
RealizedGainLossOnRealEstateOwned
|
2455 | USD |
CY2013 | zfc |
Realized Gain Loss On Real Estate Owned
RealizedGainLossOnRealEstateOwned
|
0 | USD |
CY2015 | zfc |
Realized Gain Loss On Mortgage Loans Held For Investment
RealizedGainLossOnMortgageLoansHeldForInvestment
|
1479145 | USD |
CY2014 | zfc |
Realized Gain Loss On Mortgage Loans Held For Investment
RealizedGainLossOnMortgageLoansHeldForInvestment
|
1838800 | USD |
CY2013 | zfc |
Realized Gain Loss On Mortgage Loans Held For Investment
RealizedGainLossOnMortgageLoansHeldForInvestment
|
1298844 | USD |
CY2015 | zfc |
Realized Gain Loss On Real Estate Securities
RealizedGainLossOnRealEstateSecurities
|
18833 | USD |
CY2014 | zfc |
Realized Gain Loss On Real Estate Securities
RealizedGainLossOnRealEstateSecurities
|
3694256 | USD |
CY2013 | zfc |
Realized Gain Loss On Real Estate Securities
RealizedGainLossOnRealEstateSecurities
|
-9045689 | USD |