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Asset-Backed Securities Issued (Tables) | 6 Months Ended
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Jun. 30, 2020
Debt Disclosure [Abstract] |
Asset-Backed Securities Issued | The carrying values of ABS issued by our consolidated securitization entities at June 30, 2020 and December 31, 2019, along with other selected information, are summarized in the following table. Table 14.1 – Asset-Backed Securities Issued
June 30, 2020 |  | Legacy Sequoia |  | Sequoia Choice |  | Freddie Mac SLST |  | Freddie Mac K-Series |  | CAFL |  | Total
(Dollars in Thousands) |  |  |  |  |  |  |  |  |  |  |  |
Certificates with principal balance |  | $ | 378,087 |  |  | $ | 1,793,901 |  |  | $ | 1,765,505 |  |  | $ | 418,212 |  |  | $ | 2,323,475 |  |  | $ | 6,679,180 |
Interest-only certificates |  | 1,410 |  |  | 9,005 |  |  | 24,434 |  |  | 13,874 |  |  | 95,324 |  |  | 144,047 |
Market valuation adjustments |  | (79,140) |  |  | 58,871 |  |  | 22,069 |  |  | 32,605 |  |  | (1,546) |  |  | 32,859 |
ABS Issued, Net |  | $ | 300,357 |  |  | $ | 1,861,777 |  |  | $ | 1,812,008 |  |  | $ | 464,691 |  |  | $ | 2,417,253 |  |  | $ | 6,856,086 |
Range of weighted average interest rates, by series |  | 0.39% to 2.60% |  | 2.22% to 5.04% |  | 3.50 | % |  | 3.39 | % |  | 3.19% to 5.18% |  |
Stated maturities |  | 2024 - 2036 |  | 2047 - 2050 |  | 2028 - 2029 |  | 2025 |  | 2022 - 2048 |  |
Number of series |  | 20 |  |  | 10 |  |  | 2 |  |  | 1 |  |  | 12 |  |  |
December 31, 2019 |  | Legacy Sequoia |  | Sequoia Choice |  | Freddie Mac SLST |  | Freddie Mac K-Series |  | CAFL |  | Total
(Dollars in Thousands) |  |  |  |  |  |  |  |  |  |  |  |
Certificates with principal balance |  | $ | 420,056 |  |  | $ | 1,979,719 |  |  | $ | 1,842,682 |  |  | $ | 3,844,789 |  |  | $ | 1,875,007 |  |  | $ | 9,962,253 |
Interest-only certificates |  | 1,282 |  |  | 16,514 |  |  | 30,291 |  |  | 217,891 |  |  | 90,134 |  |  | 356,112 |
Market valuation adjustments |  | (18,873) |  |  | 40,965 |  |  | 45,349 |  |  | 93,559 |  |  | 36,110 |  |  | 197,110 |
ABS Issued, Net |  | $ | 402,465 |  |  | $ | 2,037,198 |  |  | $ | 1,918,322 |  |  | $ | 4,156,239 |  |  | $ | 2,001,251 |  |  | $ | 10,515,475 |
Range of weighted average interest rates, by series |  | 1.94% to 3.26% |  | 4.40% to 5.05% |  | 3.50 | % |  | 3.35% to 4.35% |  | 3.25% to 5.36% |  |
Stated maturities |  | 2024 - 2036 |  | 2047 - 2049 |  | 2028 - 2029 |  | 2025 - 2049 |  | 2022 - 2048 |  |
Number of series |  | 20 |  |  | 9 |  |  | 2 |  |  | 5 |  |  | 10 |  |  |
Accrued Interest Payable on Asset-Backed Securities Issued | The following table summarizes the accrued interest payable on ABS issued at June 30, 2020 and December 31, 2019. Interest due on consolidated ABS issued is payable monthly. Table 14.2 – Accrued Interest Payable on Asset-Backed Securities Issued
(In Thousands) |  | June 30, 2020 |  | December 31, 2019
Legacy Sequoia |  | $ | 230 |  |  | $ | 395 |
Sequoia Choice |  | 6,474 |  |  | 7,732 |
Freddie Mac SLST |  | 5,149 |  |  | 5,374 |
Freddie Mac K-Series |  | 1,182 |  |  | 12,887 |
CAFL |  | 8,300 |  |  | 7,298 |
Total Accrued Interest Payable on ABS Issued |  | $ | 21,335 |  |  | $ | 33,686 |

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