XML 39 R27.htm IDEA: XBRL DOCUMENT v3.22.2.2
Debt Warehouse Facilities (Tables)
9 Months Ended
Sep. 30, 2022
Warehouse Facilities [Abstract]  
Schedule of Warehouse Facilities
Warehouse Facilities
September 30, 2022December 31, 2021
($ in millions)Outstanding BalanceMaximum CapacityOutstanding BalanceMaximum Capacity
Warehouse facilities:
BSBY plus 1.30%, expires September 18, 2023(1)
$172.4 700.0 516.9 700.0 
SOFR plus 1.30%, expires September 15, 2023(2)
442.2 1,200.0 74.7 1,200.0 
LIBOR plus 1.30%, expired August 27, 2022
  192.8 300.0 
SOFR plus 1.40%, expires July 28, 2023(3)
— 400.0 — 400.0 
Fannie Mae ASAP(4) program, SOFR plus 1.25%
71.6 n/a12.5 n/a
Gross warehouse facilities686.2 2,300.0 796.9 2,600.0 
Debt issuance costs(1.2)n/a(1.2)n/a
Total warehouse facilities$685.0 2,300.0 795.7 2,600.0 
(1) In the third quarter of 2022, JLL extended the Warehouse facility; previously, the facility had a maturity date of September 19, 2022.
(2) In the third quarter of 2022, JLL extended the Warehouse facility and amended the interest rate; previously, the facility had a maturity date of September 16, 2022 and an interest rate of LIBOR plus 1.30%.
(3) In the third quarter of 2022, JLL extended the Warehouse facility and amended the interest rate; previously the facility had a maturity date of July 30, 2022 and an interest rate of LIBOR plus 1.60%.
(4) As Soon As Pooled ("ASAP") funding program.