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v3.24.2.u1

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023
--- | --- | ---
Real estate owned, accumulated depreciation | $ 18,541 | $ 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 | 138,438,433 | 141,358,605
Common stock, shares outstanding | 138,438,433 | 141,358,605
Collateral pledged under secured debt arrangements | $ 8,329,221 | $ 8,384,575
Financing receivable, pledged status | us-gaap:AssetPledgedAsCollateralMember | us-gaap:AssetPledgedAsCollateralMember
CECL allowance | $ 377,819 | $ 219,482
Specific CECL Allowance | 342,500 | 193,000
General CECL allowance | 35,319 | 26,482
General CECL allowance on unfunded commitments | $ 3,622 | $ 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 |  |
Collateral pledged under secured debt arrangements | $ 7,897,660 | $ 7,705,491
Subordinate Mortgage Portfolio Segment |  |
Collateral pledged under secured debt arrangements |  | 232,991
Secured Debt Arrangements |  |
Collateral pledged under secured debt arrangements |  | $ 154,048

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