XML 65 R46.htm IDEA: XBRL DOCUMENT v3.20.1
Residential Whole Loans (Residential Whole Loans, at Carrying Value) (Details)
$ in Thousands
Mar. 31, 2020
USD ($)
loan
Jan. 01, 2020
USD ($)
Dec. 31, 2019
USD ($)
loan
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Purchased Performing Loans $ 5,189,634   $ 5,370,653
Purchased Credit Deteriorated Loans 744,408   698,717
Total Residential whole loans, at carrying value [1],[2] 5,934,042   6,069,370
Allowance for credit and valuation losses on residential whole loans held at carrying value and held-for-sale (218,011)   (3,025)
Total Residential whole loans at carrying value, net $ 5,716,031   $ 6,066,345
Number of loans | loan 16,999   17,082
Non-QM Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Purchased Performing Loans $ 3,538,725   $ 3,707,245
Loan held for sale, amortized cost 965,500    
Loans net carrying amount [1],[2] 895,300    
Rehabilitation loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Purchased Performing Loans 978,965   1,026,097
Single-family rental loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Purchased Performing Loans 506,352   460,742
Seasoned performing loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Purchased Performing Loans $ 165,592   $ 176,569
Cumulative Effect, Period of Adoption, Adjustment      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Purchased Credit Deteriorated Loans   $ 62,600  
[1]
Includes Non-QM loans held-for-sale with an amortized cost of $965.5 million and a net carrying value of $895.3 million at March 31, 2020.
[2] Includes approximately $185.9 million and $186.4 million of Residential whole loans, at carrying value and $516.4 million and $567.4 million of Residential whole loans, at fair value transferred to consolidated variable interest entities (“VIEs”) at March 31, 2020 and December 31, 2019, respectively. Such assets can be used only to settle the obligations of each respective VIE