Valuation (Significant Unobservable Inputs Rollforward) (Details) - Level 3
$ in Thousands |
3 Months Ended |
9 Months Ended |
|
|
Sep. 30, 2022
USD ($)
|
Sep. 30, 2021
USD ($)
|
Sep. 30, 2022
USD ($)
|
Sep. 30, 2021
USD ($)
|
Dec. 31, 2021
USD ($)
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Assets, Beginning Balance |
$ 3,950,113
|
$ 2,181,112
|
$ 2,881,539
|
$ 1,959,802
|
|
| Assets, Accreted Discounts/Amortized Premiums |
(7,533)
|
(9,930)
|
(22,621)
|
(19,714)
|
|
| Assets, Realized Gain (Loss) |
237
|
11,996
|
10,978
|
15,710
|
|
| Assets, Change In Net Unrealized Gain/(Loss) |
(145,458)
|
(8,023)
|
(383,801)
|
40,536
|
|
| Assets, Purchases |
847,645
|
522,267
|
3,076,762
|
1,413,347
|
|
| Assets, Sales |
(411,990)
|
(325,302)
|
(1,332,677)
|
(1,001,333)
|
|
| Assets, Transfers into Level 3 |
8,207
|
11,040
|
35,984
|
12,922
|
|
| Assets, Transfers out of Level 3 |
(16,970)
|
0
|
(41,913)
|
(38,110)
|
|
| Assets, Ending Balance |
4,224,251
|
2,383,160
|
4,224,251
|
2,383,160
|
|
| Liabilities, Begining Balance |
(1,650,832)
|
(1,003,093)
|
(984,168)
|
(755,405)
|
|
| Liabilities, Accreted Discounts/Amortized Premiums |
(397)
|
0
|
(397)
|
0
|
|
| Liabilities, Realized Gain/(Loss) |
0
|
(67)
|
0
|
(1,428)
|
|
| Liabilities, Change In Net Unrealized Gain/(Loss) |
88,528
|
1,538
|
218,777
|
5,214
|
|
| Liabilities Purchases/Payments |
57,864
|
129,316
|
271,817
|
454,460
|
|
| Liabilities, Sales/Issuance |
(324,544)
|
0
|
(1,335,410)
|
(575,147)
|
|
| Liabilities, Transfers into Level 3 |
0
|
0
|
0
|
0
|
|
| Liabilities, Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Liabilities, Ending Balance |
(1,829,381)
|
(872,306)
|
(1,829,381)
|
(872,306)
|
|
| Non-Agency RMBS |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
105,785
|
|
105,785
|
|
$ 134,888
|
| Non-Agency RMBS | Valuation, Income Approach |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
43,127
|
|
43,127
|
|
45,544
|
| Non-Agency RMBS | Valuation, Market Approach |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
62,658
|
|
62,658
|
|
89,344
|
| CMBS |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
8,669
|
|
8,669
|
|
13,134
|
| CMBS | Valuation, Income Approach |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
554
|
|
554
|
|
268
|
| CMBS | Valuation, Market Approach |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
8,115
|
|
8,115
|
|
12,866
|
| CLOs |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
17,288
|
|
17,288
|
|
26,678
|
| CLOs | Valuation, Income Approach |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
6,533
|
|
6,533
|
|
8,014
|
| CLOs | Valuation, Market Approach |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
10,755
|
|
10,755
|
|
18,664
|
| Asset-backed securities, backed by consumer loans | Valuation, Income Approach |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
75,568
|
|
75,568
|
|
73,108
|
| Residential mortgage loans | Performing Financial Instruments [Member] |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
|
|
|
|
952,656
|
| Residential mortgage loans | Valuation, Income Approach | Performing Financial Instruments [Member] |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
1,560,948
|
|
1,560,948
|
|
951,723
|
| Residential mortgage loans | Measurement Input, Exercise Price | Valuation, Cost Approach | Performing Financial Instruments [Member] |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
|
|
|
|
933
|
| Commercial mortgage loans | Valuation, Income Approach | Performing Financial Instruments [Member] |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
432,740
|
|
432,740
|
|
310,735
|
| Consumer loans | Valuation, Income Approach |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
6,038
|
|
6,038
|
|
62,365
|
| Corporate loan [Member] |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
|
|
|
|
10,531
|
| Corporate loan [Member] | Valuation, Income Approach |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
3,534
|
|
3,534
|
|
3,531
|
| Corporate loan [Member] | Valuation, Market Approach |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
|
|
|
|
7,000
|
| Credit default swaps on asset-backed securities | Valuation, Income Approach |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
77
|
|
77
|
|
303
|
| Other secured borrowings, at fair value | Valuation, Market Approach |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Fair value |
$ (1,635,829)
|
|
$ (1,635,829)
|
|
$ (984,168)
|
| Other secured borrowings, at fair value | Measurement Input, Quoted Price | Valuation, Market Approach | Minimum |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Debt instrument, measurement input |
51.06
|
|
51.06
|
|
93.34
|
| Other secured borrowings, at fair value | Measurement Input, Quoted Price | Valuation, Market Approach | Maximum |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Debt instrument, measurement input |
97.28
|
|
97.28
|
|
102.14
|
| Other secured borrowings, at fair value | Measurement Input, Quoted Price | Valuation, Market Approach | Weighted Average |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Debt instrument, measurement input |
88.76
|
|
88.76
|
|
99.94
|
| Investment in unconsolidated entities |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
$ 171,379
|
|
$ 171,379
|
|
$ 195,643
|
| Investment in unconsolidated entities | Measurement Input, Net Asset Value | Enterprise Value |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
87,864
|
|
87,864
|
|
57,828
|
| Investment in unconsolidated entities | Measurement Input, Exercise Price | Valuation, Cost Approach |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Total assets |
50,667
|
|
50,667
|
|
$ 14,036
|
| Senior Notes | Valuation, Market Approach |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Fair value |
$ (193,515)
|
|
$ (193,515)
|
|
|
| Senior Notes | Measurement Input, Quoted Price | Valuation, Market Approach | Minimum |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Debt instrument, measurement input |
92.15
|
|
92.15
|
|
|
| Senior Notes | Measurement Input, Quoted Price | Valuation, Market Approach | Maximum |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Debt instrument, measurement input |
92.15
|
|
92.15
|
|
|
| Senior Notes | Measurement Input, Quoted Price | Valuation, Market Approach | Weighted Average |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Debt instrument, measurement input |
92.15
|
|
92.15
|
|
|
| Other secured borrowings, at fair value |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Liabilities, Payments |
|
129,249
|
|
453,032
|
|
| Liabilities, Issuances |
|
0
|
|
(575,147)
|
|
| Liabilities, Begining Balance |
$ (1,448,182)
|
(1,003,037)
|
$ (984,168)
|
(754,921)
|
|
| Liabilities, Accreted Discounts/Amortized Premiums |
(397)
|
0
|
(397)
|
0
|
|
| Liabilities, Realized Gain/(Loss) |
0
|
0
|
0
|
0
|
|
| Liabilities, Change In Net Unrealized Gain/(Loss) |
79,430
|
1,482
|
202,329
|
4,730
|
|
| Liabilities Purchases/Payments |
57,864
|
|
271,817
|
|
|
| Liabilities, Sales/Issuance |
(324,544)
|
|
(1,125,410)
|
|
|
| Liabilities, Transfers into Level 3 |
0
|
0
|
0
|
0
|
|
| Liabilities, Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Liabilities, Ending Balance |
(1,635,829)
|
(872,306)
|
(1,635,829)
|
(872,306)
|
|
| Change in unrealized gains (losses), liabilities |
79,400
|
1,500
|
202,300
|
4,700
|
|
| Financial Derivatives - Liabilities |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Change in unrealized gains (losses), liabilities |
(37)
|
100
|
(37)
|
|
|
| Financial Derivatives - Liabilities | Total return swaps |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Assets, Beginning Balance |
0
|
|
0
|
|
|
| Assets, Accreted Discounts/Amortized Premiums |
0
|
|
0
|
|
|
| Assets, Realized Gain (Loss) |
0
|
|
0
|
|
|
| Assets, Change In Net Unrealized Gain/(Loss) |
(37)
|
|
(37)
|
|
|
| Assets, Purchases |
0
|
|
0
|
|
|
| Assets, Sales |
0
|
|
0
|
|
|
| Assets, Transfers into Level 3 |
0
|
|
0
|
|
|
| Assets, Transfers out of Level 3 |
0
|
|
0
|
|
|
| Assets, Ending Balance |
(37)
|
|
(37)
|
|
|
| Senior notes |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Liabilities, Begining Balance |
(202,650)
|
|
0
|
|
|
| Liabilities, Accreted Discounts/Amortized Premiums |
0
|
|
0
|
|
|
| Liabilities, Realized Gain/(Loss) |
0
|
|
0
|
|
|
| Liabilities, Change In Net Unrealized Gain/(Loss) |
9,135
|
|
16,485
|
|
|
| Liabilities Purchases/Payments |
0
|
|
0
|
|
|
| Liabilities, Sales/Issuance |
0
|
|
(210,000)
|
|
|
| Liabilities, Transfers into Level 3 |
0
|
|
0
|
|
|
| Liabilities, Transfers out of Level 3 |
0
|
|
0
|
|
|
| Liabilities, Ending Balance |
(193,515)
|
|
(193,515)
|
|
|
| Senior Notes |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Change in unrealized gains (losses), liabilities |
9,100
|
|
16,500
|
|
|
| Securities |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Change in unrealized gain (loss), assets |
(8,000)
|
3,100
|
(31,800)
|
13,600
|
|
| Securities | Agency RMBS |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Assets, Beginning Balance |
12,389
|
9,936
|
9,710
|
11,663
|
|
| Assets, Accreted Discounts/Amortized Premiums |
(751)
|
(1,285)
|
(1,595)
|
(2,570)
|
|
| Assets, Realized Gain (Loss) |
(723)
|
(15)
|
9
|
943
|
|
| Assets, Change In Net Unrealized Gain/(Loss) |
(62)
|
278
|
(1,421)
|
(1,408)
|
|
| Assets, Purchases |
0
|
2,038
|
840
|
2,039
|
|
| Assets, Sales |
(2,214)
|
0
|
(1,074)
|
(1,533)
|
|
| Assets, Transfers into Level 3 |
1,094
|
780
|
3,393
|
5,093
|
|
| Assets, Transfers out of Level 3 |
(1,914)
|
0
|
(2,043)
|
(2,495)
|
|
| Assets, Ending Balance |
7,819
|
11,732
|
7,819
|
11,732
|
|
| Securities | Non-Agency RMBS |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Assets, Beginning Balance |
131,449
|
114,464
|
134,888
|
127,838
|
|
| Assets, Accreted Discounts/Amortized Premiums |
(73)
|
612
|
743
|
1,926
|
|
| Assets, Realized Gain (Loss) |
216
|
680
|
2,167
|
2,993
|
|
| Assets, Change In Net Unrealized Gain/(Loss) |
(5,402)
|
(1,918)
|
(14,655)
|
(2,533)
|
|
| Assets, Purchases |
0
|
154
|
18,614
|
22,392
|
|
| Assets, Sales |
(13,789)
|
(9,005)
|
(26,541)
|
(42,009)
|
|
| Assets, Transfers into Level 3 |
3,240
|
1,613
|
18,916
|
5,831
|
|
| Assets, Transfers out of Level 3 |
(9,856)
|
0
|
(28,347)
|
(9,838)
|
|
| Assets, Ending Balance |
105,785
|
106,600
|
105,785
|
106,600
|
|
| Securities | CMBS |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Assets, Beginning Balance |
9,380
|
17,025
|
13,134
|
63,148
|
|
| Assets, Accreted Discounts/Amortized Premiums |
54
|
27
|
97
|
404
|
|
| Assets, Realized Gain (Loss) |
1,932
|
1,987
|
3,050
|
4,329
|
|
| Assets, Change In Net Unrealized Gain/(Loss) |
(581)
|
(468)
|
(2,142)
|
4,946
|
|
| Assets, Purchases |
0
|
0
|
620
|
0
|
|
| Assets, Sales |
(3,265)
|
(15,070)
|
(5,297)
|
(60,449)
|
|
| Assets, Transfers into Level 3 |
3,230
|
8,647
|
5,470
|
397
|
|
| Assets, Transfers out of Level 3 |
2,081
|
0
|
6,263
|
627
|
|
| Assets, Ending Balance |
8,669
|
12,148
|
8,669
|
12,148
|
|
| Securities | CLOs |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Assets, Beginning Balance |
23,378
|
33,989
|
26,678
|
111,100
|
|
| Assets, Accreted Discounts/Amortized Premiums |
(631)
|
(1,688)
|
(2,048)
|
(371)
|
|
| Assets, Realized Gain (Loss) |
3,324
|
2,689
|
6,231
|
934
|
|
| Assets, Change In Net Unrealized Gain/(Loss) |
(221)
|
3,007
|
(2,859)
|
19,782
|
|
| Assets, Purchases |
0
|
85
|
0
|
104
|
|
| Assets, Sales |
(6,086)
|
(7,961)
|
(13,659)
|
(77,879)
|
|
| Assets, Transfers into Level 3 |
643
|
0
|
8,205
|
1,601
|
|
| Assets, Transfers out of Level 3 |
(3,119)
|
0
|
(5,260)
|
(25,150)
|
|
| Assets, Ending Balance |
17,288
|
30,121
|
17,288
|
30,121
|
|
| Securities | Asset-backed securities, backed by consumer loans |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Assets, Beginning Balance |
78,183
|
69,254
|
73,108
|
44,925
|
|
| Assets, Accreted Discounts/Amortized Premiums |
(2,376)
|
(1,813)
|
(4,528)
|
(3,796)
|
|
| Assets, Realized Gain (Loss) |
318
|
287
|
18
|
466
|
|
| Assets, Change In Net Unrealized Gain/(Loss) |
(2,618)
|
(1,598)
|
(8,250)
|
(3,181)
|
|
| Assets, Purchases |
13,063
|
15,853
|
49,300
|
61,665
|
|
| Assets, Sales |
(11,002)
|
(10,688)
|
(34,080)
|
(28,784)
|
|
| Assets, Transfers into Level 3 |
0
|
0
|
0
|
0
|
|
| Assets, Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Assets, Ending Balance |
75,568
|
71,295
|
75,568
|
71,295
|
|
| Securities | Corporate debt securities |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Assets, Beginning Balance |
1,767
|
5,444
|
5,198
|
4,082
|
|
| Assets, Accreted Discounts/Amortized Premiums |
0
|
0
|
0
|
0
|
|
| Assets, Realized Gain (Loss) |
133
|
1,271
|
1,666
|
1,497
|
|
| Assets, Change In Net Unrealized Gain/(Loss) |
(148)
|
(700)
|
(1,828)
|
(517)
|
|
| Assets, Purchases |
5,391
|
2,207
|
10,703
|
3,824
|
|
| Assets, Sales |
(3,541)
|
(3,803)
|
(12,137)
|
(4,467)
|
|
| Assets, Transfers into Level 3 |
0
|
0
|
0
|
0
|
|
| Assets, Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Assets, Ending Balance |
3,602
|
4,419
|
3,602
|
4,419
|
|
| Securities | Corporate equity securities |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Assets, Beginning Balance |
10,276
|
8,497
|
7,556
|
1,590
|
|
| Assets, Accreted Discounts/Amortized Premiums |
0
|
0
|
0
|
0
|
|
| Assets, Realized Gain (Loss) |
(80)
|
661
|
1,659
|
276
|
|
| Assets, Change In Net Unrealized Gain/(Loss) |
188
|
224
|
(1,176)
|
2,538
|
|
| Assets, Purchases |
785
|
351
|
5,768
|
5,329
|
|
| Assets, Sales |
0
|
(1,739)
|
(2,638)
|
(1,739)
|
|
| Assets, Transfers into Level 3 |
0
|
0
|
0
|
0
|
|
| Assets, Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Assets, Ending Balance |
11,169
|
7,994
|
11,169
|
7,994
|
|
| Loans |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Change in unrealized gain (loss), assets |
(113,100)
|
(4,700)
|
(297,600)
|
(2,400)
|
|
| Loans | Residential mortgage loans |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Assets, Beginning Balance |
2,995,584
|
1,445,651
|
2,016,228
|
1,187,069
|
|
| Assets, Accreted Discounts/Amortized Premiums |
(3,394)
|
(3,864)
|
(12,405)
|
(9,575)
|
|
| Assets, Realized Gain (Loss) |
(1,561)
|
277
|
56
|
738
|
|
| Assets, Change In Net Unrealized Gain/(Loss) |
(114,175)
|
(4,475)
|
(297,423)
|
(2,788)
|
|
| Assets, Purchases |
712,965
|
405,291
|
2,332,444
|
955,069
|
|
| Assets, Sales |
(240,609)
|
(186,179)
|
(690,090)
|
(473,812)
|
|
| Assets, Transfers into Level 3 |
0
|
0
|
0
|
0
|
|
| Assets, Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Assets, Ending Balance |
3,348,810
|
1,656,701
|
3,348,810
|
1,656,701
|
|
| Loans | Commercial mortgage loans |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Assets, Beginning Balance |
477,378
|
228,450
|
326,197
|
213,031
|
|
| Assets, Accreted Discounts/Amortized Premiums |
0
|
0
|
0
|
24
|
|
| Assets, Realized Gain (Loss) |
11
|
17
|
22
|
323
|
|
| Assets, Change In Net Unrealized Gain/(Loss) |
54
|
71
|
(1,170)
|
141
|
|
| Assets, Purchases |
77,888
|
72,415
|
411,693
|
219,914
|
|
| Assets, Sales |
(90,818)
|
(33,362)
|
(272,229)
|
(165,842)
|
|
| Assets, Transfers into Level 3 |
0
|
0
|
0
|
0
|
|
| Assets, Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Assets, Ending Balance |
464,513
|
267,591
|
464,513
|
267,591
|
|
| Loans | Consumer loans |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Assets, Beginning Balance |
7,410
|
52,016
|
62,365
|
47,525
|
|
| Assets, Accreted Discounts/Amortized Premiums |
(362)
|
(1,919)
|
(2,885)
|
(5,756)
|
|
| Assets, Realized Gain (Loss) |
(1,172)
|
(105)
|
(1,870)
|
(1,381)
|
|
| Assets, Change In Net Unrealized Gain/(Loss) |
986
|
19
|
615
|
476
|
|
| Assets, Purchases |
523
|
13,941
|
11,505
|
40,008
|
|
| Assets, Sales |
(1,347)
|
(8,276)
|
(63,692)
|
(25,196)
|
|
| Assets, Transfers into Level 3 |
0
|
0
|
0
|
0
|
|
| Assets, Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Assets, Ending Balance |
6,038
|
55,676
|
6,038
|
55,676
|
|
| Loans | Corporate loan [Member] |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Assets, Beginning Balance |
10,448
|
16,584
|
10,531
|
5,855
|
|
| Assets, Accreted Discounts/Amortized Premiums |
0
|
0
|
0
|
0
|
|
| Assets, Realized Gain (Loss) |
0
|
0
|
(1,000)
|
0
|
|
| Assets, Change In Net Unrealized Gain/(Loss) |
0
|
(267)
|
0
|
(267)
|
|
| Assets, Purchases |
100
|
254
|
2,425
|
10,985
|
|
| Assets, Sales |
(7,014)
|
(10)
|
(8,422)
|
(12)
|
|
| Assets, Transfers into Level 3 |
0
|
0
|
0
|
0
|
|
| Assets, Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Assets, Ending Balance |
3,534
|
16,561
|
3,534
|
16,561
|
|
| Investment in unconsolidated entities |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Assets, Beginning Balance |
192,269
|
178,979
|
195,643
|
141,620
|
|
| Assets, Accreted Discounts/Amortized Premiums |
0
|
0
|
0
|
0
|
|
| Assets, Realized Gain (Loss) |
(1,317)
|
4,225
|
(177)
|
4,386
|
|
| Assets, Change In Net Unrealized Gain/(Loss) |
(24,196)
|
(1,676)
|
(54,107)
|
23,400
|
|
| Assets, Purchases |
36,928
|
9,674
|
232,838
|
92,008
|
|
| Assets, Sales |
(32,305)
|
(49,183)
|
(202,818)
|
(119,395)
|
|
| Assets, Transfers into Level 3 |
0
|
0
|
0
|
0
|
|
| Assets, Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Assets, Ending Balance |
171,379
|
142,019
|
171,379
|
142,019
|
|
| Change in unrealized gain (loss), assets |
(27,000)
|
(2,700)
|
(61,000)
|
19,900
|
|
| Financial Derivatives - Assets |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Change in unrealized gain (loss), assets |
700
|
100
|
600
|
(100)
|
|
| Financial Derivatives - Assets | Total return swaps |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Assets, Beginning Balance |
|
520
|
|
9
|
|
| Assets, Accreted Discounts/Amortized Premiums |
|
0
|
|
0
|
|
| Assets, Realized Gain (Loss) |
|
26
|
|
167
|
|
| Assets, Change In Net Unrealized Gain/(Loss) |
|
(520)
|
|
(9)
|
|
| Assets, Purchases |
|
0
|
|
0
|
|
| Assets, Sales |
|
(26)
|
|
(167)
|
|
| Assets, Transfers into Level 3 |
|
0
|
|
0
|
|
| Assets, Transfers out of Level 3 |
|
0
|
|
0
|
|
| Assets, Ending Balance |
|
0
|
|
0
|
|
| Financial Derivatives - Assets | Credit default swaps on asset-backed securities |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Assets, Beginning Balance |
202
|
303
|
303
|
347
|
|
| Assets, Accreted Discounts/Amortized Premiums |
0
|
0
|
0
|
0
|
|
| Assets, Realized Gain (Loss) |
(844)
|
(4)
|
(853)
|
39
|
|
| Assets, Change In Net Unrealized Gain/(Loss) |
717
|
0
|
615
|
(44)
|
|
| Assets, Purchases |
2
|
4
|
12
|
10
|
|
| Assets, Sales |
0
|
0
|
0
|
(49)
|
|
| Assets, Transfers into Level 3 |
0
|
0
|
0
|
0
|
|
| Assets, Transfers out of Level 3 |
0
|
0
|
0
|
0
|
|
| Assets, Ending Balance |
$ 77
|
303
|
$ 77
|
303
|
|
| Financial Derivatives - Liabilities | Total return swaps |
|
|
|
|
|
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |
|
|
|
|
|
| Liabilities, Payments |
|
67
|
|
1,428
|
|
| Liabilities, Issuances |
|
0
|
|
0
|
|
| Liabilities, Begining Balance |
|
(56)
|
|
(484)
|
|
| Liabilities, Accreted Discounts/Amortized Premiums |
|
0
|
|
0
|
|
| Liabilities, Realized Gain/(Loss) |
|
(67)
|
|
(1,428)
|
|
| Liabilities, Change In Net Unrealized Gain/(Loss) |
|
56
|
|
484
|
|
| Liabilities, Transfers into Level 3 |
|
0
|
|
0
|
|
| Liabilities, Transfers out of Level 3 |
|
0
|
|
0
|
|
| Liabilities, Ending Balance |
|
$ 0
|
|
$ 0
|
|