v3.22.2.2

Borrowings (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Debt Disclosure [Abstract] |
Schedule of Repurchase Agreements [Table Text Block] | The following table details the Company's outstanding borrowings under repurchase agreements for Agency RMBS and credit assets (which can include non-Agency RMBS, CMBS, CLOs, consumer loans, corporate debt, residential mortgage loans, and commercial mortgage loans and REO), by remaining maturity as of September 30, 2022 and December 31, 2021:
|  | September 30, 2022 |  | December 31, 2021
|  |  |  | Weighted Average |  |  |  | Weighted Average
Remaining Maturity |  | Outstanding Borrowings |  | Interest Rate |  | Remaining Days to Maturity |  | Outstanding Borrowings |  | Interest Rate |  | Remaining Days to Maturity
Agency RMBS: |  | (In thousands) |  |  |  |  |  | (In thousands) |  |  |  |
30 Days or Less |  | $ | 450,636 |  |  | 2.23 | % |  | 15 |  | $ | 180,059 |  |  | 0.17 | % |  | 9
31-60 Days |  | 392,372 |  |  | 2.42 | % |  | 45 |  | 254,027 |  |  | 0.23 | % |  | 44
61-90 Days |  | 67,883 |  |  | 2.38 | % |  | 75 |  | 154,520 |  |  | 0.20 | % |  | 70
91-120 Days |  | 99,578 |  |  | 2.63 | % |  | 105 |  | 129,057 |  |  | 0.16 | % |  | 105
121-150 Days |  | 77,952 |  |  | 2.05 | % |  | 137 |  | 275,915 |  |  | 0.17 | % |  | 136
151-180 Days |  | 55,223 |  |  | 3.74 | % |  | 165 |  | 71,824 |  |  | 0.16 | % |  | 164
181-364 Days |  | — |  |  | — | % |  | — |  |  | 570,694 |  |  | 0.20 | % |  | 260
> 364 Days |  | — |  |  | — | % |  | — |  |  | 3,791 |  |  | 0.13 | % |  | 366
Total Agency RMBS |  | 1,143,644 |  |  | 2.40 | % |  | 52 |  | 1,639,887 |  |  | 0.19 | % |  | 144
Credit: |  |  |  |  |  |  |  |  |  |  |  |
30 Days or Less |  | 16,157 |  |  | 3.83 | % |  | 10 |  | 377,440 |  |  | 2.09 | % |  | 16
31-60 Days |  | 79,287 |  |  | 4.10 | % |  | 49 |  | 102,567 |  |  | 1.38 | % |  | 44
61-90 Days |  | 121,862 |  |  | 4.06 | % |  | 74 |  | 96,823 |  |  | 1.50 | % |  | 78
91-120 Days |  | 1,117,144 |  |  | 5.15 | % |  | 106 |  | 35,346 |  |  | 2.00 | % |  | 109
121-150 Days |  | 15,627 |  |  | 5.11 | % |  | 124 |  | 3,353 |  |  | 1.56 | % |  | 139
151-180 Days |  | 29,596 |  |  | 5.70 | % |  | 167 |  | 87,863 |  |  | 2.82 | % |  | 151
181-364 Days |  | 340,921 |  |  | 5.46 | % |  | 321 |  | — |  |  | — | % |  | — |
> 364 Days |  | — |  |  | — | % |  | — |  |  | 126,484 |  |  | 2.58 | % |  | 462
Total Credit Assets |  | 1,720,594 |  |  | 5.08 | % |  | 144 |  | 829,876 |  |  | 2.08 | % |  | 114
U.S. Treasury Securities: |  |  |  |  |  |  |  |  |  |  |  |
30 Days or Less |  | 30,781 |  |  | 3.01 | % |  | 3 |  | — |  |  | — | % |  | — |
Total U.S. Treasury Securities |  | 30,781 |  |  | 3.01 | % |  | 3 |  | — |  |  | — | % |  | — |
Total |  | $ | 2,895,019 |  |  | 4.00 | % |  | 106 |  | $ | 2,469,763 |  |  | 0.82 | % |  | 134
Schedule of Maturities of Long-term Debt [Table Text Block] | Schedule of Principal Repayments The following table details the Company's principal repayment schedule, over the next 5 years, for outstanding borrowings as of September 30, 2022:
Year |  | Repurchase Agreements(1) |  | Other Secured Borrowings(2) |  | Senior Notes(1) |  | Total
(In thousands) |  |  |  |  |  |  |  |
Next Twelve Months |  | $ | 2,895,019 |  |  | $ | 258,646 |  |  | $ | — |  |  | $ | 3,153,665 |
Year 2 |  | — |  |  | 292,831 |  |  | — |  |  | 292,831 |
Year 3 |  | — |  |  | 259,469 |  |  | — |  |  | 259,469 |
Year 4 |  | — |  |  | 277,524 |  |  | — |  |  | 277,524 |
Year 5 |  | — |  |  | 173,164 |  |  | 210,000 |  |  | 383,164 |
Total |  | $ | 2,895,019 |  |  | $ | 1,261,634 |  |  | $ | 210,000 |  |  | $ | 4,366,653 |
(1)Reflects the Company's contractual principal repayment dates. (2)Includes $1.221 billion of expected principal repayments related to the Company's consolidated residential mortgage loan securitizations, which are projected based upon the underlying assets' expected repayments and may be prior to the stated contractual maturities.
Schedule of Repurchase Agreement Counterparties with Whom Repurchase Agreements Exceed 10 Percent of Stockholders' Equity | The following table provides details by counterparty for such counterparties for which the amounts at risk relating to our repurchase agreements was greater than 10% of total equity as of September 30, 2022. There was no counterparty for which the amount at risk was greater than 10% of total equity as of December 31, 2021.
Counterparty |  | Amount at Risk |  | Weighted Average Remaining Days to Maturity |  | Percentage of Equity
|  | (In thousands) |  |  |  |
Nomura Holdings Inc. |  | $ | 209,545 |  |  | 95 |  | 17.7 | %

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- Definition Tabular disclosure, as of the balance sheet date, of the amount at risk under repurchase agreements with any individual counterparty or group of related counterparties which exceeds 10 percent of stockholders' equity. Includes the name of each counterparty or group of related counterparties, the amount at risk with each, and the weighted average maturity of the repurchase agreements with each. The amount at risk under repurchase agreements is defined as the excess of carrying amount (or market value, if higher than the carrying amount or if there is no carrying amount) of the securities or other assets sold under agreement to repurchase, including accrued interest plus any cash or other assets on deposit to secure the repurchase obligation, over the amount of the repurchase liability (adjusted for accrued interest). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(m)(1)(iii)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details
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