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v3.23.1

Residential Whole Loans - Allowance for Credit Losses (Details) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2023 | Mar. 31, 2022
Financing Receivable, Allowance for Credit Loss [Roll Forward] |  |
Beginning balance | $ 35,314 | $ 39,447
Current provision | 315 | (3,467)
Write-offs | (2,567) | (523)
Ending balance | 33,062 | 35,457
Allowance for loan loss | 33,062 | 35,457
Loans | 1,753,080 |
Non-QM loans |  |
Financing Receivable, Allowance for Credit Loss [Roll Forward] |  |
Beginning balance | 7,359 | 8,289
Current provision | (214) | (909)
Write-offs | 0 | (51)
Ending balance | 7,145 | 7,329
Allowance for loan loss | 7,145 | 7,329
Transitional loans |  |
Financing Receivable, Allowance for Credit Loss [Roll Forward] |  |
Beginning balance | 5,223 | 6,881
Current provision | 406 | (1,460)
Write-offs | (2,003) | (219)
Ending balance | 3,626 | 5,202
Allowance for loan loss | 3,626 | 5,202
Loans | 46,400 | 80,200
Single-family rental loans |  |
Financing Receivable, Allowance for Credit Loss [Roll Forward] |  |
Beginning balance | 1,277 | 1,451
Current provision | 514 | (122)
Write-offs | (451) | (27)
Ending balance | 1,340 | 1,302
Allowance for loan loss | 1,340 | 1,302
Seasoned performing loans |  |
Financing Receivable, Allowance for Credit Loss [Roll Forward] |  |
Beginning balance | 48 | 46
Current provision | (2) | (1)
Write-offs | 0 | 0
Ending balance | 46 | 45
Allowance for loan loss | 46 | 45
Purchased Credit Deteriorated Loans |  |
Financing Receivable, Allowance for Credit Loss [Roll Forward] |  |
Beginning balance | 21,407 | 22,780
Current provision | (389) | (975)
Write-offs | (113) | (226)
Ending balance | 20,905 | 21,579
Allowance for loan loss | 20,905 | 21,579
Loans | 62,000 | 69,100
Unfunded Loan Commitment |  |
Financing Receivable, Allowance for Credit Loss [Roll Forward] |  |
Ending balance | 16 | 156
Commitment to lend, unfunded | 6,800 | 12,900
Allowance for loan loss | $ 16 | $ 156

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- Definition Amount of writeoff of financing receivable, charged against allowance for credit loss. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(3) -URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 79 -URI https://asc.fasb.org/extlink&oid=124267575&loc=SL82922352-210448 + Details
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