XML 83 R47.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Commercial Mortgage Loans, Subordinate Loans and Other Lending Assets, Net - Activity Relating to Loan Investment Portfolio (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2023
Principal Balance          
Principal value, beginning balance $ 8,384,575        
Principal value, ending balance 8,318,448        
Specific CECL Allowance          
Specific provision for loan loss, beginning (193,000)        
Specific provision for loan loss, ending (335,000)        
Carry Value, Net          
Increase in Specific CECL Allowance, net     $ 10,000 $ (20,000)  
Valuation allowance, loan held for sale 0 $ (4,624)      
General CECL allowance (32,558)       $ (26,482)
Carrying value, net 8,285,890       $ 8,358,093
Off-balance-sheet, credit loss, liability, amount excluded 3,600        
Commercial Mortgage and Subordinated Portfolio Segment          
Principal Balance          
Principal value, beginning balance 8,610,110        
Add-on loan fundings 321,766        
Loan repayments (175,731)        
Gain (loss) on foreign currency translation (72,337)        
Valuation allowance, loan held for sale (679)        
Amortization of fees 0        
Principal value, ending balance 8,683,129        
Deferred Fees/Other Items          
Deferred fees/other items, beginning (32,535)        
Gain (loss) on foreign currency translation 289        
Valuation allowance, loan held for sale 0        
Deferred fees and other items (4,936)        
Amortization of fees 7,501        
Deferred fees/other items, ending (29,681)        
Specific CECL Allowance          
Specific provision for loan loss, beginning (193,000) (133,500)      
Specific provision for loan loss, ending (335,000) $ (133,500)      
Carry Value, Net          
Carrying value, beginning balance 8,384,575        
Add-on loan fundings 321,766        
Loan repayments (175,731)        
Gain (loss) on foreign currency translation (72,048)        
Increase in Specific CECL Allowance, net (142,000)        
Valuation allowance, loan held for sale (679)        
Deferred fees and other items (4,936)        
Amortization of fees 7,501        
Carrying value, ending balance $ 8,318,448