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Secured Debt Arrangements, Net - Schedule of Assets and Liabilities (Details) - USD ($)
$ in Thousands
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Assets:                
Cash and cash equivalents $ 307,845     $ 222,030        
Carrying value, net 7,974,031     8,681,990        
Other assets 206,578     70,607        
Total Assets 9,156,978     9,568,352        
Liabilities:                
Total Liabilities 6,945,196     7,213,848        
Allowance reserve 27,305     26,224        
Off-balance sheet, credit loss, liability 3,972 $ 4,834 $ 4,695 4,347 $ 2,812 $ 3,999 $ 3,928 $ 3,106
Commercial Mortgage Portfolio Segment                
Assets:                
Carrying value, net [1],[2] 7,561,254     8,121,109        
Liabilities:                
Allowance reserve 26,340     22,848        
VIE                
Assets:                
Cash and cash equivalents 1,740     758        
Carrying value, net 2,477,123     2,468,195        
Other assets 39,055     30,992        
Total Assets 2,517,918     2,499,945        
Liabilities:                
Secured debt arrangements, net (net of deferred financing costs of $2.0 million and $2.3 million in 2023 and 2022, respectively) 1,816,213     1,847,799        
Accounts payable, accrued expenses and other liabilities 7,623     8,814        
Total Liabilities 1,823,836     1,856,613        
Deferred financing costs 2,000     2,300        
VIE | Commercial Mortgage Portfolio Segment                
Liabilities:                
Allowance reserve 7,200     8,200        
Off-balance sheet, credit loss, liability $ 2,700     $ 2,900        
[1] Includes $7,203,350 and $7,482,658 pledged as collateral under secured debt arrangements in 2023 and 2022, respectively.
[2] Net of $220,305 and $159,724 CECL Allowance in 2023 and 2022, respectively, comprised of $193,000 and $133,500 Specific CECL Allowance and $27,305 and $26,224 General CECL Allowance, respectively.