XML 57 R43.htm IDEA: XBRL DOCUMENT
v3.23.1

MORTGAGE LOAN RECEIVABLES - Additional Information (Details) $ in Thousands | 1 Months Ended | 3 Months Ended | 12 Months Ended |
--- | --- | --- | --- | ---
Feb. 28, 2023 USD ($) | Jan. 31, 2023 security | Mar. 31, 2023 USD ($) loans | Mar. 31, 2022 USD ($) | Dec. 31, 2022 USD ($) loans | Dec. 31, 2021 USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items] |  |  |  |  |  |  |
Outstanding Face Amount |  |  |  | $ 3,840,942 |  | $ 3,938,615 |
Allowance for current expected credit losses |  |  |  | 26,200 |  | 21,500 |
General CECL Reserve |  |  |  | 25,499 | $ 32,332 | 20,755 | $ 31,752
Increase in reserve of unfunded commitments |  |  |  | 700 |  | 700 |
Individually impaired loans |  |  |  | 25,827 |  | 26,012 |
Provision for (release of) loan loss reserves, net |  |  |  | 4,736 | 874 |  |
Increase (decrease) of reserve on unfunded commitments |  |  |  | (8) | (300) |  |
Number of loans in default | security |  |  | 1 |  |  |  |
Mortgage loans receivable | [1] |  |  | 3,794,075 |  | 3,885,746 |
Loans nonaccrual status, amount |  |  |  | 53,624 |  | 53,809 |
Principal balance of loans on non-accrual status |  |  |  | 53,624 |  | 53,809 |
Office |  |  |  |  |  |  |
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items] |  |  |  |  |  |  |
Mortgage loans receivable |  |  |  | 920,152 |  | 980,031 |
Asset Specific Reserve, Company Loan |  |  |  |  |  |  |
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items] |  |  |  |  |  |  |
General CECL Reserve |  |  |  | $ 2,700 |  | $ 2,700 |
Number or loans in default | loans |  |  |  | 2 |  | 2 |
Provision for (release of) loan loss reserves, net |  |  |  |  | 600 |  |
Provision for (release of) loan loss reserves, net |  |  |  | $ 4,700 |  |  |
Total mortgage loan receivables held for investment, net, at amortized cost |  |  |  |  |  |  |
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items] |  |  |  |  |  |  |
Loans receivable with variable rates of interest |  |  |  | $ 3,300,000 |  | $ 3,400,000 |
Loans receivable with variable rates of interest |  |  |  | 87.20% |  | 87.20% |
Loans receivable with variable rates of interest, subject to interest rate floors |  |  |  | 100.00% |  | 99.00% |
Outstanding Face Amount |  |  |  | $ 3,809,592 |  | $ 3,907,265 |
General CECL Reserve |  |  |  | 25,499 | 32,332 | 20,755 | $ 31,752
Provision for (release of) loan loss reserves, net |  |  |  | 4,744 | $ 580 |  |
Total mortgage loan receivables held for investment, net, at amortized cost | London Interbank Offered Rate (LIBOR) |  |  |  |  |  |  |
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items] |  |  |  |  |  |  |
Loans receivable with variable rates of interest |  |  |  | 2,300,000 |  | 2,300,000 |
Total mortgage loan receivables held for investment, net, at amortized cost | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate |  |  |  |  |  |  |
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items] |  |  |  |  |  |  |
Loans receivable with variable rates of interest |  |  |  | 1,000,000 |  | 1,100,000 |
Mortgage loan receivables held for sale |  |  |  |  |  |  |
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items] |  |  |  |  |  |  |
Outstanding Face Amount |  |  |  | $ 31,350 |  | $ 31,350 |
Percentage of loans receivable with fixed rates of interest |  |  |  | 100.00% |  | 100.00% |
First mortgage loans |  |  |  |  |  |  |
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items] |  |  |  |  |  |  |
Outstanding Face Amount |  |  |  | $ 3,766,258 |  | $ 3,841,315 |
First mortgage loans | Office | New York, NY |  |  |  |  |  |  |
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items] |  |  |  |  |  |  |
Mortgage loans receivable |  | $ 51,500 |  | $ 48,000 |  |  |
Fixed rate |  | 7.00% |  |  |  |  |
Current pay rate |  | 5.00% |  |  |  |  |
Accrue rate |  | 2.00% |  |  |  |  |
Principal paydown |  | $ 3,500 |  |  |  |  |
Reserve funding |  | $ 6,500 |  |  |  |  |
Accrue rate, nonaccrual |  | 2.00% |  |  |  |  |
First mortgage loans | London Interbank Offered Rate (LIBOR) | Office | New York, NY |  |  |  |  |  |  |
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items] |  |  |  |  |  |  |
Loans receivable with variable rates of interest |  | 2.80% |  |  |  |  |
[1] | Includes amounts relating to consolidated variable interest entities. Refer to Note 2 and Note 9.

X
- Definition Financing Receivable And Off-Balance Sheet, Allowance For Credit Loss, Current + References No definition available. + Details
Name: | ladr_FinancingReceivableAndOffBalanceSheetAllowanceForCreditLossCurrent
Namespace Prefix: | ladr_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, Individually Impaired Loans + References No definition available. + Details
Name: | ladr_FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossIndividuallyImpairedLoans
Namespace Prefix: | ladr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Financing Receivable, Excluding Accrued Interest, Modified in Period, Amount + References No definition available. + Details
Name: | ladr_FinancingReceivableExcludingAccruedInterestModifiedInPeriodAmount
Namespace Prefix: | ladr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Financing Receivable, Excluding Accrued Interest, Modified in Period, Interest Rate + References No definition available. + Details
Name: | ladr_FinancingReceivableExcludingAccruedInterestModifiedInPeriodInterestRate
Namespace Prefix: | ladr_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Financing Receivable, Excluding Accrued Interest, Modified in Period, Interest Rate, Accrual Rate + References No definition available. + Details
Name: | ladr_FinancingReceivableExcludingAccruedInterestModifiedInPeriodInterestRateAccrualRate
Namespace Prefix: | ladr_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Financing Receivable, Excluding Accrued Interest, Modified in Period, Interest Rate, Accrue Rate + References No definition available. + Details
Name: | ladr_FinancingReceivableExcludingAccruedInterestModifiedInPeriodInterestRateAccrueRate
Namespace Prefix: | ladr_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Financing Receivable, Excluding Accrued Interest, Modified in Period, Interest Rate, Current Pay + References No definition available. + Details
Name: | ladr_FinancingReceivableExcludingAccruedInterestModifiedInPeriodInterestRateCurrentPay
Namespace Prefix: | ladr_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Financing Receivable Recorded Investment, Excluding Accrued Interest, Nonaccrual Loans + References No definition available. + Details
Name: | ladr_FinancingReceivableRecordedInvestmentExcludingAccruedInterestNonaccrualLoans
Namespace Prefix: | ladr_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Financing Receivable Recorded Investment, Nonaccrual Loans + References No definition available. + Details
Name: | ladr_FinancingReceivableRecordedInvestmentNonaccrualLoans
Namespace Prefix: | ladr_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Loans Receivable With Fixed Rates Of Interest, Percentage + References No definition available. + Details
Name: | ladr_LoansReceivableWithFixedRatesOfInterestPercentage
Namespace Prefix: | ladr_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Loans Receivable With Variable Rates Of Interest, Percentage + References No definition available. + Details
Name: | ladr_LoansReceivableWithVariableRatesOfInterestPercentage
Namespace Prefix: | ladr_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Loans Receivable with Variable Rates of Interest, Subject To Interest Rate Floors + References No definition available. + Details
Name: | ladr_LoansReceivablewithVariableRatesofInterestSubjectToInterestRateFloors
Namespace Prefix: | ladr_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of the contractual principal due as of the balance sheet date of the mortgage loan (face amount). + References No definition available. + Details
Name: | ladr_MortgageLoansOnRealEstateFaceAmountOfMortgagesBalanceSheetDate
Namespace Prefix: | ladr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Proceeds from Collection of Finance Receivables, Reserves + References No definition available. + Details
Name: | ladr_ProceedsFromCollectionOfFinanceReceivablesReserves
Namespace Prefix: | ladr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | srt_MortgageLoansOnRealEstateLineItems
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount excluding accrued interest, of allowance for credit loss on financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124255206&loc=SL82895884-210446 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amortized cost excluding accrued interest, before allowance for credit loss, of financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919230-210447 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124255206&loc=SL82895884-210446 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 3B -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL120267963-210447 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount, excluding accrued interest, of credit loss expense (reversal of expense) on financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amortized cost excluding accrued interest, of financing receivable on nonaccrual status. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 16 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919258-210447 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestNonaccrual
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of loan with variable or adjustable rate of interest. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124259787&loc=d3e4428-111522 + Details
Name: | us-gaap_LoansReceivableWithVariableRatesOfInterest1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of expected credit loss for credit exposure on off-balance-sheet commitment, including but not limited to, loan commitment, standby letter of credit, financial guarantee not accounted for as insurance. Excludes off-balance sheet credit exposure accounted for as insurance and instrument accounted for under derivatives and hedging. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121611286&loc=d3e11927-110247 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124255206&loc=SL82919202-210446 + Details
Name: | us-gaap_OffBalanceSheetCreditLossLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of expense (reversal of expense) for expected credit loss for off-balance sheet credit exposure. Excludes off-balance sheet credit exposure accounted for as insurance and instrument accounted for under derivatives and hedging. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
Name: | us-gaap_OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash inflow associated with the collection of receivables arising from the financing of goods and services. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3179-108585 + Details
Name: | us-gaap_ProceedsFromCollectionOfFinanceReceivables
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of credit loss expense (reversal of expense) for financing receivable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(11)) -URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 + Details
Name: | us-gaap_ProvisionForLoanLossesExpensed
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=srt_OfficeBuildingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CollateralAxis=ladr_AssetSpecificReserveCompanyLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateLoanTypeAxis=ladr_MortgageLoanReceivablesHeldForInvestmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateLoanTypeAxis=ladr_MortgageLoanReceivablesHeldForSaleMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateLoanTypeAxis=ladr_FirstMortgageHeldForInvestmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=ladr_NewYorkNewYorkMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |