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v3.22.1

Commercial Mortgage Loans, Subordinate Loans and Other Lending Assets, Net - Cost Recovery Loans (Details) | 3 Months Ended |  |
--- | --- | --- | ---
Mar. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Mar. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | Oct. 31, 2020 USD ($)
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |
Specific CECL allowance | $ 175,000,000 | $ 145,000,000 |  |  |
Amortized cost |  | 404,800,000 |  |  |
Total carrying value, net | $ 8,350,042,000 | 7,857,260,000 |  |  |
Equity contribution rate | 90.00% |  |  |  |
Payment in kind interest | $ 1,200,000 |  | $ 16,800,000 |  |
Turner Consulting |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |
Equity contribution rate | 10.00% |  |  |  |
Commercial Mortgage and Subordinated Portfolio Segment |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |
Specific CECL allowance | $ 175,000,000 | 145,000,000 | 175,000,000 | $ 175,000,000 |
Write-offs, specific CECL allowance, funded |  | (30,000,000) |  |  |
Total carrying value, net | 85,500,000 | $ 97,800,000 |  |  |
Minimum |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |
Financing receivable, rent, price per square foot | $ 48 |  |  |  |
Minimum | Urban Predevelopment | Capitalization Rate |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |
Loan collateral, measurement input | 0.055 |  |  |  |
Maximum |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |
Financing receivable, rent, price per square foot | $ 215 |  |  |  |
Maximum | Urban Predevelopment | Capitalization Rate |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |
Loan collateral, measurement input | 0.050 |  |  |  |
Retail Center - Cincinnati, OH |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |
Payment in kind interest | $ 200,000 |  | $ 300,000 |  |
Retail Center - Cincinnati, OH | Capitalization Rate |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |
Loan collateral, measurement input | 0.080 |  |  |  |
Mortgage, Amortized cost |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |
Amortized cost prior to Specific CECL Allowance | $ 551,983,000 |  |  |  |
Specific CECL allowance | 145,000,000 |  |  |  |
Amortized cost | 406,983,000 |  |  |  |
Mortgage, Amortized cost | Urban Predevelopment - Miami, FL |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |
Amortized cost prior to Specific CECL Allowance | 190,610,000 |  |  |  |
Specific CECL allowance | 68,000,000 |  |  |  |
Amortized cost | 122,610,000 |  |  |  |
Total carrying value, net |  |  |  |  | $ 187,900,000
Mortgage, Amortized cost | Multifamily Development - Brooklyn, NY |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |
Amortized cost prior to Specific CECL Allowance | 189,775,000 |  |  |  |
Specific CECL allowance | 10,000,000 |  |  |  |
Amortized cost | 179,775,000 |  |  |  |
Mortgage, Amortized cost | Retail Center - Cincinnati, OH |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |
Amortized cost prior to Specific CECL Allowance | 171,598,000 |  |  |  |
Specific CECL allowance | 67,000,000 |  |  |  |
Amortized cost | 104,598,000 |  |  |  |
Mezzanine Loans |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |
Amortized cost prior to Specific CECL Allowance | 81,980,000 |  |  |  |
Specific CECL allowance | 30,000,000 |  |  |  |
Amortized cost | 51,980,000 |  |  |  |
Total carrying value, net | 474,900,000 |  |  |  |
Payment in kind interest | 138,600,000 |  |  |  |
Mezzanine Loans | Residential-for-Sale - Manhattan, NY |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |
Amortized cost prior to Specific CECL Allowance | 81,980,000 |  |  |  |
Specific CECL allowance | 30,000,000 |  |  |  |
Amortized cost | 51,980,000 |  |  |  |
Real Estate and Mezzanine |  |  |  |  |
Financing Receivable, Credit Quality Indicator [Line Items] |  |  |  |  |
Amortized cost prior to Specific CECL Allowance | 633,963,000 |  |  |  |
Specific CECL allowance | 175,000,000 |  |  |  |
Amortized cost | $ 458,963,000 |  |  |  |

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