XML 61 R52.htm IDEA: XBRL DOCUMENT 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