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Loans and Investments - Purchased Credit Deterioration and Troubled Debt Restructurings (Details)
$ in Thousands
1 Months Ended 12 Months Ended
Jun. 30, 2021
USD ($)
Dec. 31, 2022
USD ($)
loan
Dec. 31, 2021
USD ($)
loan
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Loans and Investments          
Principal paydowns   $ 3,818,554 $ 2,516,771 $ 1,243,694  
Purchase of loan   5,955,061 9,209,475 2,376,233  
Allowance for credit losses   $ 132,559 $ 113,241 148,329  
Proceeds from full satisfaction of loans $ 95,000        
Reversal of allowance for credit losses 7,500        
Interest income from loans $ 3,500        
Troubled debt restructurings, number | loan   2      
Other loans modification | loan   0 0    
Interest reserve   $ 123,700 $ 87,400    
Number of loans covered under interest reserve | loan   480 328    
Aggregate UPB covered under interest reserve   $ 5,750,000 $ 7,700,000    
Impairment loss on sale of loans   $ 55,816 123,037 94,607  
$750M ASAP agreement | Agency Business Segment [Member]          
Loans and Investments          
LIBOR floor rate   0.25%      
London Interbank Offered Rate (LIBOR) [Member] | Structured Business          
Loans and Investments          
LIBOR floor rate   2.60%      
London Interbank Offered Rate (LIBOR) [Member] | Joint Repurchase Facility 1.00 Billion [Member] | Structured Business          
Loans and Investments          
LIBOR floor rate   0.35%      
London Interbank Offered Rate (LIBOR) [Member] | $225M credit facility | Structured Business          
Loans and Investments          
Variable rate, spread (as a percent)   2.55%      
London Interbank Offered Rate (LIBOR) [Member] | $35M working capital facility | Structured Business          
Loans and Investments          
Variable rate, spread (as a percent)   3.00%      
London Interbank Offered Rate (LIBOR) [Member] | $25M credit facility | Structured Business          
Loans and Investments          
Variable rate, spread (as a percent)   2.60%      
LIBOR floor rate   4.25%      
London Interbank Offered Rate (LIBOR) [Member] | $200M credit facility | Structured Business          
Loans and Investments          
Variable rate, spread (as a percent)   1.46%      
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | $400M repurchase facility | Structured Business          
Loans and Investments          
LIBOR floor rate   0.25%      
Maximum [Member] | $225M credit facility | Structured Business | Single Family Rental Bonds [Member]          
Loans and Investments          
LIBOR floor rate   4.10%      
Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member] | Joint Repurchase Facility 1.00 Billion [Member] | Structured Business          
Loans and Investments          
Variable rate, spread (as a percent)   2.25%      
LIBOR floor rate   0.15%      
Maximum [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | $400M repurchase facility | Structured Business          
Loans and Investments          
Variable rate, spread (as a percent)   2.56%      
Minimum [Member] | $225M credit facility | Structured Business | Single Family Rental Bonds [Member]          
Loans and Investments          
LIBOR floor rate   3.00%      
Minimum [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | $400M repurchase facility | Structured Business          
Loans and Investments          
Variable rate, spread (as a percent)   1.86%      
Hotel [Member]          
Loans and Investments          
Allowance for credit losses   $ 14 8 7,759  
Hotel [Member] | Forbearance agreement          
Loans and Investments          
Fixed rate of interest (as a percent) 9.50%        
Principal reduction         $ (10,000)
Pay rate (as a percent)         1.00%
Hotel [Member] | Forbearance agreement | London Interbank Offered Rate (LIBOR) [Member]          
Loans and Investments          
Variable rate, spread (as a percent)         3.00%
LIBOR floor rate         1.50%
Retail Site [Member]          
Loans and Investments          
Allowance for credit losses   5,819 $ 5,819 $ 13,861  
Retail Site [Member] | Loan modification agreement          
Loans and Investments          
Maturity period (in years)       3 years  
Percentage of interest foregone       2.00  
Principal paydowns       $ 6,000  
Principal reduction       (8,000)  
Additional reserve deposit       $ 4,600  
Retail Site [Member] | Loan modification agreement | London Interbank Offered Rate (LIBOR) [Member]          
Loans and Investments          
Variable rate, spread (as a percent)       5.50%  
LIBOR floor rate       6.50%  
Bridge Loan [Member]          
Loans and Investments          
Principal amount   $ 35,000      
Number of loans sold | loan   4      
Unpaid principal balance on loans   $ 296,900      
Impairment loss on sale of loans   2,000      
Financing receivable   78,000      
Bridge Loan [Member] | Hotel [Member]          
Loans and Investments          
Principal amount         $ 110,000
Purchase of loan       $ 60,000 50,000
Allowance for credit losses       7,500  
Loan discount       39,900  
Total discount received         $ 20,100
Bridge Loan [Member] | Retail Site [Member] | Loan modification agreement          
Loans and Investments          
Principal amount       $ 26,500  
Bridge Loan [Member] | Retail Site [Member] | Loan modification agreement | London Interbank Offered Rate (LIBOR) [Member]          
Loans and Investments          
Variable rate, spread (as a percent)       6.00%  
LIBOR floor rate       2.375%  
Mezzanine Loan [Member] | Retail Site [Member] | Loan modification agreement          
Loans and Investments          
Principal amount       $ 6,100  
Fixed rate of interest (as a percent)       12.00%  
Bridge loan and mezzanine loan          
Loans and Investments          
Loan discount   102,200      
Total mortgage loans and mezzanine loan sold   110,500      
Capital investment used to be future   66,300      
Fees and expenses   9,200      
Additional potential loan recover   $ 2,800