v3.20.4

Real Estate Owned | 12 Months Ended
--- | ---
Dec. 31, 2020
Real Estate Owned, Disclosure of Detailed Components [Abstract] |
Real Estate Owned | Real Estate Owned As discussed in Note 2, the Company obtains possession of REO as a result of foreclosures on the associated mortgage loans. The following tables detail activity in the Company's carrying value of REO for the years ended December 31, 2020 and 2019:
|  | Year Ended
|  | December 31, 2020 |  | December 31, 2019
|  | Number of Properties |  | Carrying Value |  | Number of Properties |  | Carrying Value
|  |  |  | (In thousands) |  |  |  | (In thousands)
Beginning Balance (December 31, 2019 and January 1, 2019, respectively) |  | 15 |  |  | $ | 30,584 |  |  | 20 |  |  | $ | 30,778 |
Transfers from mortgage loans |  | 10 |  |  | 3,384 |  |  | 8 |  |  | 22,577 |
Capital expenditures and other adjustments to cost |  |  |  | 191 |  |  |  |  | 240 |
Adjustments to record at the lower of cost or fair value |  |  |  | (1,053) |  |  |  |  | (1,002) |
Disposals |  | (12) |  |  | (9,508) |  |  | (13) |  |  | (22,009) |
Ending Balance (December 31, 2020 and 2019, respectively) |  | 13 |  |  | $ | 23,598 |  |  | 15 |  |  | $ | 30,584 |
During the year ended December 31, 2020, the Company sold twelve REO properties, realizing a net gain (loss) of approximately $15 thousand. During the year ended December 31, 2019, the Company sold thirteen REO properties, realizing a net gain (loss) of approximately $2.3 million. Such realized gains (losses) are included in Realized gains (losses) on real estate owned, net, on the Company's Consolidated Statement of Operations. As of December 31, 2020 and 2019 all of the Company's REO had been obtained as a result of obtaining physical possession through foreclosure. As of December 31, 2020 and 2019, the Company had REO measured at fair value on a non-recurring basis of $22.4 million and $19.4 million, respectively.

X
- References No definition available. + Details
Name: | us-gaap_RealEstateOwnedDisclosureOfDetailedComponentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for real estate owned (as defined). Generally, the largest component of real estate owned by lenders is assets taken in settlement of troubled loans through surrender or foreclosure. Real estate investments, real estate loans that qualify as investments in real estate, and premises that are no longer used in operations may also be included in real estate owned. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=118952595&loc=d3e4437-111522 + Details
Name: | us-gaap_RealEstateOwnedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration