XML 60 R50.htm IDEA: XBRL DOCUMENT v3.20.2
Commercial Mortgage, Subordinate Loans and Other Lending Assets, Net - Cost Recovery Loans (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
USD ($)
$ / ft²
Sep. 30, 2019
USD ($)
Sep. 30, 2020
USD ($)
$ / ft²
Sep. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]          
Amortized cost $ 408,666   $ 408,666   $ 136,300
Loan specific reserves 196,931   196,931   $ 56,981
Provision for loan losses [1] (6,342) $ 35,000 151,954 $ 20,000  
Payment in kind interest 12,500 $ 13,700 37,300 $ 42,800  
Specific CECL Allowance $ 550   $ (139,950)    
Minimum | Hotel | Discount Rate          
Financing Receivable, Credit Quality Indicator [Line Items]          
Loan collateral, measurement input 0.085   0.085    
Minimum | Hotel | Capitalization Rate          
Financing Receivable, Credit Quality Indicator [Line Items]          
Loan collateral, measurement input 0.070   0.070    
Minimum | Urban Predevelopment | Capitalization Rate          
Financing Receivable, Credit Quality Indicator [Line Items]          
Loan collateral, measurement input 0.050   0.050    
Minimum | Urban Predevelopment | Dollars per Square Foot          
Financing Receivable, Credit Quality Indicator [Line Items]          
Loan collateral, measurement input | $ / ft² 48   48    
Maximum | Hotel | Discount Rate          
Financing Receivable, Credit Quality Indicator [Line Items]          
Loan collateral, measurement input 0.110   0.110    
Maximum | Hotel | Capitalization Rate          
Financing Receivable, Credit Quality Indicator [Line Items]          
Loan collateral, measurement input 0.090   0.090    
Maximum | Urban Predevelopment | Capitalization Rate          
Financing Receivable, Credit Quality Indicator [Line Items]          
Loan collateral, measurement input 0.055   0.055    
Maximum | Urban Predevelopment | Dollars per Square Foot          
Financing Receivable, Credit Quality Indicator [Line Items]          
Loan collateral, measurement input | $ / ft² 225   225    
Retail Center - Cincinnati, OH          
Financing Receivable, Credit Quality Indicator [Line Items]          
Payment in kind interest $ 400   $ 1,100    
Retail Center - Cincinnati, OH | Capitalization Rate          
Financing Receivable, Credit Quality Indicator [Line Items]          
Loan collateral, measurement input 0.083   0.083    
Residential-For-Sale - Bethesda, MD          
Financing Receivable, Credit Quality Indicator [Line Items]          
Specific CECL Allowance $ 1,900        
Hotel - Washington D.C.          
Financing Receivable, Credit Quality Indicator [Line Items]          
Payment in kind interest 200   $ 200    
Mortgage, Amortized cost          
Financing Receivable, Credit Quality Indicator [Line Items]          
Amortized cost 380,856   380,856    
Mortgage, Amortized cost | Urban Predevelopment - Brooklyn, NY          
Financing Receivable, Credit Quality Indicator [Line Items]          
Amortized cost 128,418   128,418    
Mortgage, Amortized cost | Urban Predevelopment - Miami, FL          
Financing Receivable, Credit Quality Indicator [Line Items]          
Amortized cost 114,910   114,910    
Mortgage, Amortized cost | Retail Center - Cincinnati, OH          
Financing Receivable, Credit Quality Indicator [Line Items]          
Amortized cost 105,561   105,561    
Mortgage, Amortized cost | Hotel - Pittsburgh, PA          
Financing Receivable, Credit Quality Indicator [Line Items]          
Amortized cost 28,872   28,872    
Mortgage, Amortized cost | Residential-For-Sale - Bethesda, MD          
Financing Receivable, Credit Quality Indicator [Line Items]          
Amortized cost 3,095   3,095    
Provision previously recorded under other assets     3,000    
Mezzanine, Amortized cost          
Financing Receivable, Credit Quality Indicator [Line Items]          
Amortized cost 27,810   27,810    
Mezzanine, Amortized cost | Hotel - Washington D.C.          
Financing Receivable, Credit Quality Indicator [Line Items]          
Amortized cost 18,430   18,430    
Mezzanine, Amortized cost | Hotel - Anaheim, CA          
Financing Receivable, Credit Quality Indicator [Line Items]          
Amortized cost $ 9,380   $ 9,380    
[1] Comprised of $550 and $(139,950) of Specific CECL Reversal (Allowance) and $5,792 and $(12,004) of General CECL Reversal (Allowance) for the three and nine months ended September 30, 2020, respectively.