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Debt Obligations, Credit Facilities and Repurchase Agreements (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Jul. 31, 2020
May 31, 2020
Mar. 31, 2020
Feb. 29, 2020
Jan. 31, 2020
Mar. 31, 2020
Jun. 30, 2020
Dec. 31, 2019
Debt Obligations                
UPB             $ 1,240,910 $ 1,681,146
Debt Carrying Value             1,235,613 1,678,288
Collateral Carrying Value             $ 1,521,218 $ 1,747,371
Weighted Average Note Rate (as a percent)             2.49% 3.54%
LIBOR Floor rate   0.005% 0.0075%          
Minimum                
Debt Obligations                
Variable rate, spread (as a percent)   0.023%            
Maximum                
Debt Obligations                
Variable rate, spread (as a percent)   0.03%            
Joint Repurchase Facility                
Debt Obligations                
Committed amount           $ 1,100,000    
Matures in March 2021     $ 600,000     600,000    
Matures in March 2022     500,000     $ 500,000    
Extension of maturity date (in years)           1 year    
Credit facility, sublimit     800,000     $ 800,000    
Reduced sublimit unless that portion of the facility is extended through March 2022           500,000    
$400 million repurchase facility                
Debt Obligations                
Additional borrowing capacity     400,000     400,000    
$75 million credit facility - One                
Debt Obligations                
Decrease in borrowing capacity   $ 125,000            
Additional borrowing capacity       $ 75,000        
Committed amount       150,000 $ 75,000      
Repurchase facility - securities | CLOs                
Debt Obligations                
Collateral Carrying Value             $ 275,700 $ 234,900
Repurchase facility - securities | B Piece bonds                
Debt Obligations                
Collateral Carrying Value             63,200 68,700
Repurchase facility - securities | SFR bonds                
Debt Obligations                
Debt Instrument, Collateral Amount             20,000 20,000
$23.0 million credit facility                
Debt Obligations                
Maximum borrowing capacity             $ 23,000  
Fixed interest rates             3.50%  
Subsequent Event                
Debt Obligations                
Variable rate, spread (as a percent) 2.00%              
LIBOR Floor rate 0.25%              
Structured Business                
Debt Obligations                
Debt Carrying Value             $ 902,140 934,694
Collateral Carrying Value             $ 1,184,584 $ 1,002,993
Weighted Average Note Rate (as a percent)             2.91% 3.94%
Weighted average note rate including certain fees and costs (as a percent)             3.33% 4.39%
Unamortized deferred finance costs             $ 4,000 $ 2,100
Leverage on loans and investment portfolio financed through credit facilities and repurchase agreements, excluding securities repurchase facility, working capital line of credit and security agreements used to finance leasehold and capital expenditure improvements at corporate office (as a percent)             71.00% 71.00%
Structured Business | $500 million joint repurchase facility                
Debt Obligations                
Debt Carrying Value             $ 321,553 $ 224,658
Collateral Carrying Value             $ 480,258 $ 339,378
Weighted Average Note Rate (as a percent)             2.74% 4.06%
Maximum borrowing capacity             $ 500,000 $ 500,000
Structured Business | $500 million joint repurchase facility | Minimum | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             1.75%  
Structured Business | $500 million joint repurchase facility | Maximum | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             3.50%  
Structured Business | $400 million repurchase facility                
Debt Obligations                
Debt Carrying Value             $ 199,901 218,418
Collateral Carrying Value             $ 279,130 $ 291,292
Weighted Average Note Rate (as a percent)             2.99% 3.76%
Maximum borrowing capacity     $ 400,000     400,000 $ 400,000 $ 400,000
Decrease in interest rate (as a percent)     25.00%          
Structured Business | $400 million repurchase facility | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             2.20%  
Structured Business | $400 million repurchase facility | Maximum                
Debt Obligations                
Variable rate, spread (as a percent)             0.75%  
Structured Business | $200 million repurchase facility                
Debt Obligations                
Debt Carrying Value             $ 48,448 40,530
Collateral Carrying Value             $ 57,169 $ 48,086
Weighted Average Note Rate (as a percent)             2.60% 4.22%
Maximum borrowing capacity             $ 200,000 $ 200,000
Structured Business | $200 million repurchase facility | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             2.40%  
Structured Business | $144.3 million loan specific credit facilities                
Debt Obligations                
Debt Carrying Value             $ 144,048 128,274
Collateral Carrying Value             $ 193,209 $ 184,116
Weighted Average Note Rate (as a percent)             2.69% 4.13%
Maximum borrowing capacity             $ 144,300 $ 144,300
Structured Business | $144.3 million loan specific credit facilities | Minimum | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             2.10%  
Structured Business | $144.3 million loan specific credit facilities | Maximum | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             2.50%  
Structured Business | $125 million credit facility                
Debt Obligations                
Debt Carrying Value             $ 25,613 4,570
Collateral Carrying Value             $ 31,790 $ 7,000
Weighted Average Note Rate (as a percent)             2.84% 3.56%
Maximum borrowing capacity             $ 125,000 $ 125,000
Structured Business | $125 million credit facility | Minimum | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             2.30%  
Structured Business | $125 million credit facility | Maximum                
Debt Obligations                
Variable rate, spread (as a percent)             0.50%  
Structured Business | $100 million repurchase facility                
Debt Obligations                
Debt Carrying Value             $ 50,297 45,843
Collateral Carrying Value             $ 66,486 $ 63,800
Weighted Average Note Rate (as a percent)             1.94% 3.56%
Maximum borrowing capacity             $ 100,000 $ 100,000
Structured Business | $100 million repurchase facility | Minimum | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             1.75%  
Structured Business | $100 million repurchase facility | Maximum                
Debt Obligations                
Variable rate, spread (as a percent)             1.95%  
Structured Business | $50 million credit facility - one                
Debt Obligations                
Debt Carrying Value             $ 8,800 14,933
Collateral Carrying Value             $ 11,000 $ 17,650
Weighted Average Note Rate (as a percent)             2.19% 3.81%
Maximum borrowing capacity             $ 50,000 $ 50,000
Structured Business | $50 million credit facility - one | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             2.00%  
Structured Business | $50 million credit facility - two                
Debt Obligations                
Debt Carrying Value             $ 19,345 12,191
Collateral Carrying Value             $ 28,042 $ 16,499
Weighted Average Note Rate (as a percent)             4.06% 4.32%
Structured Business | $50 million credit facility - two | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             2.50%  
Structured Business | $50 million credit facility - three                
Debt Obligations                
Debt Carrying Value             $ 5,274 $ 5,254
Collateral Carrying Value             $ 6,600 $ 6,600
Weighted Average Note Rate (as a percent)             2.70% 4.32%
Maximum borrowing capacity             $ 50,000  
Structured Business | $50 million credit facility - three | Minimum | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             2.50%  
Structured Business | $50 million credit facility - three | Maximum | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             3.25%  
Structured Business | $25 million credit facility                
Debt Obligations                
Debt Carrying Value             $ 19,644 $ 19,651
Collateral Carrying Value             $ 30,900 $ 28,572
Weighted Average Note Rate (as a percent)             2.45% 4.07%
Maximum borrowing capacity             $ 25,000 $ 25,000
Structured Business | $25 million credit facility | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             2.25%  
Structured Business | $25 million working capital facility                
Debt Obligations                
Maximum borrowing capacity             $ 25,000 25,000
Structured Business | $25 million working capital facility | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             2.25%  
Structured Business | $2.8 million master security agreements                
Debt Obligations                
Debt Carrying Value             $ 2,249 $ 3,267
Weighted Average Note Rate (as a percent)             4.12% 4.08%
Maximum borrowing capacity             $ 2,800 $ 2,800
Structured Business | $2.8 million master security agreements | Minimum | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             2.97%  
Structured Business | $2.8 million master security agreements | Maximum | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             4.60%  
Structured Business | Repurchase facility - securities                
Debt Obligations                
Debt Carrying Value $ 42,000           $ 56,968 $ 217,105
Weighted Average Note Rate (as a percent)             5.11% 3.90%
Reduction in principal amount             $ 160,100  
Structured Business | Repurchase facility - securities | Minimum | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             2.25%  
Structured Business | Repurchase facility - securities | Maximum | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             5.00%  
Structured Business | $300 million repurchase facility                
Debt Obligations                
Maximum borrowing capacity     $ 300,000     300,000    
Agency Business                
Debt Obligations                
Debt Carrying Value             $ 333,473 $ 743,594
Collateral Carrying Value             $ 336,634 $ 744,378
Weighted Average Note Rate (as a percent)             1.37% 3.03%
Unamortized deferred finance costs             $ 1,200 $ 200
Agency Business | $600 million joint repurchase facility                
Debt Obligations                
Debt Carrying Value             2,464 299,824
Collateral Carrying Value             $ 5,462 $ 300,446
Weighted Average Note Rate (as a percent)             2.91% 3.26%
Variable rate, spread (as a percent)             2.75%  
Maximum borrowing capacity             $ 600,000 $ 600,000
Agency Business | $600 million joint repurchase facility | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             1.50%  
Agency Business | $750 million ASAP agreement                
Debt Obligations                
Debt Carrying Value             $ 41,553 148,725
Collateral Carrying Value             $ 41,553 $ 148,725
Weighted Average Note Rate (as a percent)             1.40% 2.81%
Variable rate, spread (as a percent)             0.35%  
Maximum borrowing capacity             $ 750,000 $ 750,000
Agency Business | $750 million ASAP agreement | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             1.05%  
Agency Business | $300 million repurchase facility                
Debt Obligations                
Debt Carrying Value             $ 75,905 187,698
Collateral Carrying Value             $ 75,925 $ 187,742
Weighted Average Note Rate (as a percent)             1.31% 2.91%
Maximum borrowing capacity             $ 300,000 $ 300,000
Agency Business | $300 million repurchase facility | Minimum | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             1.15%  
Agency Business | $150 million credit facility - one                
Debt Obligations                
Debt Carrying Value             $ 85,770 89,657
Collateral Carrying Value             $ 85,913 $ 89,673
Weighted Average Note Rate (as a percent)             1.31% 2.91%
Maximum borrowing capacity             $ 150,000 $ 150,000
Agency Business | $150 million credit facility - one | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             1.15%  
Agency Business | $150 million credit facility - two                
Debt Obligations                
Debt Carrying Value             $ 95,761 17,690
Collateral Carrying Value             $ 95,761 $ 17,792
Weighted Average Note Rate (as a percent)             1.31% 2.91%
Maximum borrowing capacity             $ 150,000 $ 150,000
Agency Business | $150 million credit facility - two | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             1.15%  
Agency Business | $100 million credit facility                
Debt Obligations                
Debt Carrying Value             $ 32,020  
Collateral Carrying Value             $ 32,020  
Weighted Average Note Rate (as a percent)             1.65%  
Variable rate, spread (as a percent)             0.50%  
Maximum borrowing capacity             $ 100,000  
Agency Business | $100 million credit facility | LIBOR                
Debt Obligations                
Variable rate, spread (as a percent)             1.15%  
Agency Business | $500 million repurchase facility                
Debt Obligations                
Maximum borrowing capacity     $ 300,000 $ 500,000   $ 300,000    
Agency Business | Subsequent Event | $50 million credit facility - one                
Debt Obligations                
Principal and interest advances 50,000              
Agency Business | Subsequent Event | $150 million credit facility - one                
Debt Obligations                
Maximum borrowing capacity $ 150,000