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v3.19.1

Secured Debt Arrangements, Net (Tables) | 3 Months Ended
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Mar. 31, 2019
Debt Disclosure [Abstract] |
Weighted Average Maturities and Interest Rates of Borrowings | At March 31, 2019 and December 31, 2018, our borrowings had the following secured debt arrangements, maturities and weighted-average interest rates ($ in thousands):
|  | March 31, 2019 (2) |  | December 31, 2018 (2)
|  | Maximum Amount of Borrowings |  | Borrowings Outstanding |  | Maturity (1) |  | Maximum Amount of Borrowings |  | Borrowings Outstanding |  | Maturity (1)
| JPMorgan Facility (USD) | $ | 1,305,435 |  |  | $ | 873,771 |  |  | June 2021 |  | $ | 1,333,503 |  |  | $ | 680,141 |  |  | June 2021
| JPMorgan Facility (GBP) | 49,565 |  |  | 49,565 |  |  | June 2021 |  | 48,497 |  |  | 48,497 |  |  | June 2021
| DB Repurchase Facility (USD) | 858,919 |  |  | 475,871 |  |  | March 2021 |  | 904,181 |  |  | 419,823 |  |  | March 2021
| DB Repurchase Facility (GBP) | 141,081 |  |  | 141,081 |  |  | March 2021 |  | 150,819 |  |  | 150,819 |  |  | March 2021
| Goldman Facility | 500,000 |  |  | 233,312 |  |  | November 2021 |  | 300,000 |  |  | 210,072 |  |  | November 2020
| CS Facility (USD) | 188,037 |  |  | 188,037 |  |  | September 2019 |  | 187,117 |  |  | 187,117 |  |  | June 2019
| CS Facility (GBP) | 148,219 |  |  | 148,219 |  |  | September 2019 |  | 151,773 |  |  | 151,773 |  |  | June 2019
| HSBC Facility (GBP) | 49,911 |  |  | 49,911 |  |  | December 2019 |  | 48,835 |  |  | 48,835 |  |  | December 2019
| Sub-total | 3,241,167 |  |  | 2,159,767 |  |  |  |  | 3,124,725 |  |  | 1,897,077 |  |  |
| less: deferred financing costs | N/A |  |  | (17,828 | ) |  |  |  | N/A |  |  | (17,555 | ) |  |
| Total / Weighted-Average | $ | 3,241,167 |  |  | $ | 2,141,939 |  |  | $ | 3,124,725 |  |  | $ | 1,879,522 |  |
——————— (1) Maturity date assumes extensions at our option are exercised. (2) Weighted-average rates as of March 31, 2019 and December 31, 2018 were USD L + 2.19% / GBP L + 2.30% and USD L + 2.17% / GBP L + 2.28%, respectively.
Remaining Maturities of Borrowings | At March 31, 2019, our borrowings had the following remaining maturities ($ in thousands):
| Less than 1 year (1) |  | 1 to 3 years (1) |  | 3 to 5 years |  | More than 5 years |  | Total
JPMorgan Facility | $ | 159,854 |  |  | $ | 763,482 |  |  | $ | — |  |  | $ | — |  |  | $ | 923,336 |
DB Repurchase Facility | 109,142 |  |  | 507,810 |  |  | — |  |  | — |  |  | 616,952 |
Goldman Facility | — |  |  | 233,312 |  |  | — |  |  | — |  |  | 233,312 |
CS Facility - USD | 188,037 |  |  | — |  |  | — |  |  | — |  |  | 188,037 |
CS Facility - GBP | 148,219 |  |  | — |  |  | — |  |  | — |  |  | 148,219 |
HSBC Facility | 49,911 |  |  | — |  |  | — |  |  | — |  |  | 49,911 |
Total | $ | 655,163 |  |  | $ | 1,504,604 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,159,767 |
——————— (1) Assumes underlying assets are financed through the fully extended maturity date of the facility.
Schedule of Outstanding, Maximum and Average Balances of Debt | The table below summarizes the outstanding balances at March 31, 2019, as well as the maximum and average month-end balances for the three months ended March 31, 2019 for our borrowings under secured debt arrangements ($ in thousands).
| As of March 31, 2019 |  | For the three months ended March 31, 2019
| Balance |  | Amortized Cost of Collateral |  | Maximum Month-End Balance |  | Average Month-End Balance
JPMorgan Facility | $ | 923,336 |  |  | $ | 1,612,510 |  |  | $ | 929,496 |  |  | $ | 925,679 |
DB Repurchase Facility | 616,952 |  |  | 1,013,662 |  |  | 672,477 |  |  | 636,283 |
Goldman Facility | 233,312 |  |  | 517,122 |  |  | 259,167 |  |  | 250,286 |
CS Facility - USD | 188,037 |  |  | 254,090 |  |  | 188,037 |  |  | 187,424 |
CS Facility - GBP | 148,219 |  |  | 211,468 |  |  | 150,811 |  |  | 145,814 |
HSBC Facility | 49,911 |  |  | 71,141 |  |  | 50,784 |  |  | 50,296 |
Total | $ | 2,159,767 |  |  | $ | 3,679,993 |  |  |  |  |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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