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Secured Debt Arrangements, Net - Schedule of Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Assets:      
Cash and cash equivalents $ 225,438 $ 222,030  
Carrying value, net 8,358,093 8,681,990  
Other assets 85,623 70,607  
Total Assets 9,296,730 9,568,352  
Liabilities:      
Total Liabilities 7,087,997 7,213,848  
Allowance reserve 26,482 26,224  
Off-balance sheet, credit loss, liability 4,017 4,347 $ 3,106
Commercial Mortgage Portfolio Segment      
Assets:      
Carrying value, net [1],[2] 7,925,359 8,121,109  
Liabilities:      
Allowance reserve 25,723 22,848  
VIE      
Assets:      
Cash and cash equivalents 924 758  
Carrying value, net 2,903,186 2,468,195  
Other assets 41,180 30,992  
Total Assets 2,945,290 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) 2,155,197 1,847,799  
Accounts payable, accrued expenses and other liabilities 9,083 8,814  
Total Liabilities 2,164,280 1,856,613  
Deferred financing costs 2,000 2,300  
VIE | Commercial Mortgage Portfolio Segment      
Liabilities:      
Allowance reserve 8,300 8,200  
Off-balance sheet, credit loss, liability $ 2,500 $ 2,900  
[1] Includes $7,705,491 and $7,482,658 pledged as collateral under secured debt arrangements in 2023 and 2022, respectively.
[2] Net of $219,482 and $159,724 CECL Allowance comprised of $193,000 and $133,500 Specific CECL Allowance and $26,482 and $26,224 General CECL Allowance in 2023 and 2022, respectively.