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Schedule IV - Mortgage Loans on Real Estate - Loan Activity (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Activity in loan portfolio      
Balance at the beginning of the period $ 17,953,021 $ 20,219,886 $ 21,186,033
Acquisitions/originations/additional funding 8,934,637 4,781,916 3,474,242
Capitalized interest 110,063 95,093 125,747
Basis of loans sold (1,515,569) (1,814,929) (866,104)
Loan maturities/principal repayments (4,724,079) (4,762,055) (3,647,171)
Discount accretion/premium amortization 62,351 63,775 67,112
Changes in fair value 184,440 75,880 62,702
Foreign currency translation, net 387,680 (189,925) 153,472
Credit loss provision, net (9,746) (165,489) (232,712)
Transfer to/from other asset/liability classifications or between segments   0 (661)
Balance at the end of the period 21,186,255 17,953,021 20,219,886
Commercial and Residential Lending Segment and Investing and Servicing Segment      
Activity in loan portfolio      
Balance at the beginning of the period 15,364,817 17,653,215 18,774,708
Acquisitions/originations/additional funding 6,698,247 3,458,020 2,441,608
Capitalized interest 110,063 94,277 124,214
Basis of loans sold (1,515,569) (1,767,780) (866,104)
Loan maturities/principal repayments (2,743,109) (3,486,272) (2,763,682)
Discount accretion/premium amortization 30,165 40,351 52,601
Changes in fair value 184,440 75,880 62,702
Foreign currency translation, net 384,862 (189,019) 152,869
Credit loss provision, net (6,752) (162,724) (222,266)
Loan foreclosure, equity control and conversion to equity interest (196,543) (351,131) (102,774)
Transfer to/from other asset/liability classifications or between segments 0 0 (661)
Balance at the end of the period $ 18,310,621 $ 15,364,817 $ 17,653,215