XML 74 R63.htm IDEA: XBRL DOCUMENT v3.23.2
Derivative Instruments and Hedging (Details) - Not Designated as Hedging Instrument - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Interest rate derivatives - caps      
Derivative Instruments, Gain (Loss) [Line Items]      
Notional amount (in thousands) $ 4,168,907   $ 3,549,941
Aggregate principal balance on corresponding mortgage loans (in thousands) $ 2,355,380   $ 3,505,242
Interest rate derivatives - caps | Minimum      
Derivative Instruments, Gain (Loss) [Line Items]      
Strike rate 2.00%   2.00%
Interest rate derivatives - caps | Maximum      
Derivative Instruments, Gain (Loss) [Line Items]      
Strike rate 6.90%   5.50%
Interest rate derivatives - caps      
Derivative Instruments, Gain (Loss) [Line Items]      
Notional amount (in thousands) $ 1,704,167 $ 2,873,651  
Total cost (in thousands) $ 14,184 $ 5,255  
Interest rate derivatives - caps | Minimum      
Derivative Instruments, Gain (Loss) [Line Items]      
Strike rate 4.00% 3.00%  
Interest rate derivatives - caps | Maximum      
Derivative Instruments, Gain (Loss) [Line Items]      
Strike rate 6.90% 4.00%