XML 72 R63.htm IDEA: XBRL DOCUMENT v3.23.3
Secured Debt Arrangements, Net - Schedule of Net Income (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]                
Interest income from commercial mortgage loans $ 180,441     $ 120,821     $ 520,712 $ 304,631
Interest expense (121,817)     (72,302)     (342,963) (173,949)
Net interest income 60,223     61,873     194,165 174,401
General and administrative expenses (7,664)     (7,184)     (22,150) (21,501)
Decrease (increase) in current expected credit loss allowance, net 5,833     55,564     (60,205) 37,897
Foreign currency translation gain (loss) (44,165)     (92,782)     (3,974) (210,138)
Net income 46,071 $ (83,400) $ 48,916 183,030 $ 70,951 $ 15,238 11,587 269,219
VIE                
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]                
Interest income from commercial mortgage loans 56,537     30,518     156,295 86,695
Interest expense (30,379)     (12,668)     (80,753) (32,830)
Net interest income 26,158     17,850     75,542 53,865
General and administrative expenses (2)     0     (9) 0
Decrease (increase) in current expected credit loss allowance, net 1,744     889     1,169 4,698
Foreign currency translation gain (loss) (24,266)     (50,237)     (3,555) (111,745)
Net income $ 3,634     $ (31,498)     $ 73,147 $ (53,182)