XML 35 R24.htm IDEA: XBRL DOCUMENT v3.25.0.1
Accounts Payable, Accrued Expenses and Other Liabilities
 12 Months Ended
Dec. 31, 2024
Payables and Accruals [Abstract]  
Accounts Payable, Accrued Expenses and Other Liabilities

Note 13 – Accounts Payable, Accrued Expenses and Other Liabilities

The following table details the components of our accounts payable, accrued expense and other liabilities ($ in thousands):

 

 

December 31, 2024

 

 

December 31, 2023

 

Collateral held under derivative agreements

 

$

54,420

 

 

$

25,820

 

Accrued dividends payable

 

 

37,976

 

 

 

53,407

 

Accrued interest payable

 

 

28,261

 

 

 

31,012

 

Accounts payable and other liabilities(1)

 

 

11,574

 

 

 

6,078

 

General CECL Allowance on unfunded commitments(2)

 

 

5,948

 

 

 

4,017

 

Total

 

$

138,179

 

 

$

120,334

 

 

(1)
Includes $8.8 million and $5.5 million of accounts payable and other liabilities on the balance sheet of the Real Estate Owned, Held for Investment at December 31, 2024 and 2023, respectively.
(2)
Refer to "Note 4 – Commercial Mortgage Loans, Subordinate Loans and Other Lending Assets, Net" for additional disclosure related to the General CECL Allowance on unfunded commitments as of December 31, 2024 and 2023, respectively.