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v3.24.1.u1

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023
--- | --- | ---
Real estate owned, accumulated depreciation | $ 16,254 | $ 10,404
Preferred stock, par value (in dollars per share) | $ 0.01 | $ 0.01
Preferred stock, shares authorized | 50,000,000 | 50,000,000
Preferred stock, liquidation preference | $ 169,260 | $ 169,260
Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01
Common stock, shares authorized | 450,000,000 | 450,000,000
Common stock, shares issued | 142,096,715 | 140,595,995
Common stock, shares outstanding | 142,096,715 | 140,595,995
Financing receivable, pledged status | Asset Pledged as Collateral [Member] | Asset Pledged as Collateral [Member]
CECL allowance | $ 367,558 | $ 219,482
Financing receivable, allowance for credit loss, excluding accrued interest | 335,000 | 193,000
Loan specific reserves | 32,558 | 26,482
General CECL allowance on unfunded commitments | $ 3,625 | $ 4,017
Series B-1 Preferred Stock |  |
Preferred stock, shares outstanding | 6,770,393 | 6,770,393
Preferred stock, shares issued | 6,770,393 | 6,770,393
Commercial Mortgage Portfolio Segment |  |
Specific CECL Allowance | $ 7,642,848 | $ 7,705,491
Subordinate Mortgage Portfolio Segment |  |
Specific CECL Allowance | 246,725 | 232,991
Secured Debt Arrangements |  |
Specific CECL Allowance | 154,048 | $ 154,048
Secured Debt Arrangements, Commercial Mortgage Loan, Held For Sale |  |
Specific CECL Allowance | $ 135,465 |

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