XML 67 R58.htm IDEA: XBRL DOCUMENT v3.23.1
Debt Obligations - Collateralized Loan Obligations (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Debt Obligations      
Proceeds from issuance of securitized debt   $ 1,652,812  
Securitized debt $ 7,508,472   $ 7,849,270
Weighted average rate (as a percent) 7.06%    
Payoffs and paydowns of collateralized loan obligations $ 344,547 $ 441,000  
Structured Business      
Debt Obligations      
Weighted average rate (as a percent) 7.18%    
Deferred financing fees $ 11,100   $ 13,300
Weighted average note rate including certain fees and costs (as a percent) 7.57%   6.95%
Agency Business      
Debt Obligations      
Weighted average rate (as a percent) 6.17%    
Deferred financing fees $ 800   $ 900
Collateralized loan obligations      
Debt Obligations      
Debt, Face Value (UPB) 7,304,640   7,649,188
Securitized debt $ 7,274,251   $ 7,615,364
Weighted average rate (as a percent) 6.63%   6.10%
Collateral Loans, Unpaid Principal $ 8,246,692   $ 8,619,210
Collateral Loans, Carrying Value 8,216,282   8,586,139
Cash, Restricted Cash 532,352   480,817
Deferred financing fees 33,000   36,800
Proceeds from issuance of collateralized loan obligations for acquiring additional loan obligations $ 167,500   $ 230,000
Weighted average note rate including certain fees and costs (as a percent) 6.86%   6.32%
Collateral at risk $ 121,400   $ 0
CLO 19      
Debt Obligations      
Debt, Face Value (UPB) 872,812   872,812
Securitized debt $ 867,037   $ 866,605
Weighted average rate (as a percent) 7.33%   6.75%
Collateral Loans, Unpaid Principal $ 985,430   $ 952,268
Collateral Loans, Carrying Value 980,805   947,336
Cash, Restricted Cash 34,882   64,300
CLO 18      
Debt Obligations      
Debt, Face Value (UPB) 1,652,812   1,652,812
Securitized debt $ 1,646,248   $ 1,645,711
Weighted average rate (as a percent) 6.77%   6.19%
Collateral Loans, Unpaid Principal $ 1,970,977   $ 1,899,174
Collateral Loans, Carrying Value 1,963,706   1,891,215
Cash, Restricted Cash     85,970
CLO 17      
Debt Obligations      
Debt, Face Value (UPB) 1,714,125   1,714,125
Securitized debt $ 1,708,200   $ 1,707,676
Weighted average rate (as a percent) 6.63%   6.16%
Collateral Loans, Unpaid Principal $ 1,939,977   $ 1,911,866
Collateral Loans, Carrying Value 1,933,198   1,904,732
Cash, Restricted Cash 129,142   145,726
CLO 16      
Debt Obligations      
Debt, Face Value (UPB) 1,237,500   1,237,500
Securitized debt $ 1,232,352   $ 1,231,887
Weighted average rate (as a percent) 6.26%   5.79%
Collateral Loans, Unpaid Principal $ 1,411,145   $ 1,307,244
Collateral Loans, Carrying Value 1,405,680   1,301,794
Cash, Restricted Cash 55,931   106,495
CLO 15      
Debt Obligations      
Debt, Face Value (UPB) 674,412   674,412
Securitized debt $ 671,983   $ 671,532
Weighted average rate (as a percent) 6.32%   5.84%
Collateral Loans, Unpaid Principal $ 607,100   $ 797,755
Collateral Loans, Carrying Value 604,704   795,078
Cash, Restricted Cash 186,520   2,861
CLO 14      
Debt Obligations      
Debt, Face Value (UPB) 655,475   655,475
Securitized debt $ 653,034   $ 652,617
Weighted average rate (as a percent) 6.27%   5.80%
Collateral Loans, Unpaid Principal $ 673,732   $ 732,247
Collateral Loans, Carrying Value 671,839   730,057
Cash, Restricted Cash 73,802   37,090
CLO 13      
Debt Obligations      
Debt, Face Value (UPB) 294,477   462,769
Securitized debt $ 293,022   $ 461,005
Weighted average rate (as a percent) 6.76%   6.03%
Collateral Loans, Unpaid Principal $ 400,617   $ 552,182
Collateral Loans, Carrying Value 399,695   550,924
Cash, Restricted Cash 24,175   37,875
Payoffs and paydowns of collateralized loan obligations 168,300    
CLO 12      
Debt Obligations      
Debt, Face Value (UPB) 203,027   379,283
Securitized debt $ 202,375   $ 378,331
Weighted average rate (as a percent) 6.93%   6.09%
Collateral Loans, Unpaid Principal $ 257,714   $ 466,474
Collateral Loans, Carrying Value 256,655   465,003
Cash, Restricted Cash 27,900   500
Payoffs and paydowns of collateralized loan obligations 176,300    
Q Series securitization      
Debt Obligations      
Debt, Face Value (UPB) 236,878   236,878
Securitized debt $ 234,221   $ 233,906
Weighted average rate (as a percent) 6.87%   6.30%
Collateral Loans, Unpaid Principal $ 315,837   $ 315,837
Collateral Loans, Carrying Value 314,166   313,965
Total securitized debt      
Debt Obligations      
Debt, Face Value (UPB) 7,541,518   7,886,066
Securitized debt $ 7,508,472   $ 7,849,270
Weighted average rate (as a percent) 6.64%   6.11%
Collateral Loans, Unpaid Principal $ 8,562,529   $ 8,935,047
Collateral Loans, Carrying Value 8,530,448   8,900,104
Cash, Restricted Cash $ 532,352   $ 480,817