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v3.25.3

Loans Receivable, Net - Activity Relating to Loans Receivable Portfolio (Detail) - USD ($) $ in Thousands | 9 Months Ended |  |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | ---
Sep. 30, 2025 | Sep. 30, 2024 | Jun. 30, 2025 | Mar. 31, 2025 | Dec. 31, 2024 | Jun. 30, 2024 | Mar. 31, 2024 | Dec. 31, 2023
Principal Balance |  |  |  |  |  |  |  |
Beginning balance | $ 19,203,126 |  |  |  |  |  |  |
Loan fundings | 3,931,823 |  |  |  |  |  |  |
Loan repayments, sales, and cost-recovery proceeds | (5,048,125) |  |  |  |  |  |  |
Charge-offs | (208,010) |  |  |  |  |  |  |
Transfer to real estate owned | (358,088) | $ (139,239) |  |  |  |  |  |
Transfer to other assets, net | (49,158) |  |  |  |  |  |  |
Payment-in-kind interest, net of interest received | 13,448 |  |  |  |  |  |  |
Unrealized gain (loss) on foreign currency translation | 703,518 |  |  |  |  |  |  |
Ending balance | 18,188,534 |  |  |  |  |  |  |
Deferred Fees / Other Items |  |  |  |  |  |  |  |
Beginning balance | (155,608) |  |  |  |  |  |  |
Loan repayments, sales, and cost-recovery proceeds | (39,424) |  |  |  |  |  |  |
Charge-offs | 79,018 |  |  |  |  |  |  |
Unrealized gain (loss) on foreign currency translation | (2,275) |  |  |  |  |  |  |
Deferred fees and other items | (48,716) |  |  |  |  |  |  |
Amortization of fees and other items | 45,390 | 50,568 |  |  |  |  |  |
Ending balance | (121,615) |  |  |  |  |  |  |
Net Book Value |  |  |  |  |  |  |  |
Beginning balance | 19,047,518 |  |  |  |  |  |  |
Loan fundings | 3,931,823 |  |  |  |  |  |  |
Loan repayments, sales, and cost-recovery proceeds | (5,087,549) |  |  |  |  |  |  |
Charge-offs | (128,992) |  |  |  |  |  |  |
Transfer to real estate owned | (358,088) | (139,239) |  |  |  |  |  |
Transfer to other assets | (49,158) |  |  |  |  |  |  |
Payment-in-kind interest | 13,448 |  |  |  |  |  |  |
Unrealized gain (loss) on foreign currency translation | 701,243 |  |  |  |  |  |  |
Deferred fees and other items | (48,716) |  |  |  |  |  |  |
Amortization of fees and other items | 45,390 | 50,568 |  |  |  |  |  |
Ending balance | 18,066,919 |  |  |  |  |  |  |
CECL reserve | (695,719) | $ (1,011,059) | $ (740,851) | $ (741,541) | $ (733,936) | $ (893,938) | $ (751,370) | $ (576,936)
Loans receivable, net | $ 17,371,200 |  |  |  | $ 18,313,582 |  |  |

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- Definition The net increase(decrease) in interest income during the period representing the allocation of deferred loan origination fees less deferred loan origination costs using the effective interest method over the term of the debt arrangement to which they pertain taking into account the effect of prepayments. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 20 -Name Accounting Standards Codification -Section 35 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481655/310-20-35-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-28 + Details
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- Definition Amount of unamortized loan commitment, origination, and other costs (fees) and purchase premium (discount) on financing receivable recognized as adjustment to yield. Excludes financing receivable covered under loss sharing agreement. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481598/310-20-45-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-4 Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 3 -SubTopic 20 -Topic 310 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481569/310-20-50-3 + Details
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