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v3.23.3

Other Assets and Liabilities - REO Information (Details) $ in Thousands | 9 Months Ended |
--- | --- | ---
Sep. 30, 2023 USD ($) asset | Dec. 31, 2022 asset
Other Real Estate [Roll Forward] |  |
Balance at beginning of period | $ 6,455 |
Transfers to REO | 53,906 |
Liquidations | (5,626) |
Changes in fair value, net | (612) |
Balance at End of Period | 54,123 |
Realized loss from liquidation | $ (600) |
Number of REO properties recorded on balance sheet | asset | 35 | 28
Legacy Sequoia |  |
Other Real Estate [Roll Forward] |  |
Balance at beginning of period | $ 544 |
Transfers to REO | 18 |
Liquidations | (562) |
Changes in fair value, net | 0 |
Balance at End of Period | $ 0 |
Number of REO properties recorded on balance sheet | asset | 0 | 2
Freddie Mac SLST |  |
Other Real Estate [Roll Forward] |  |
Balance at beginning of period | $ 2,899 |
Transfers to REO | 2,340 |
Liquidations | (2,754) |
Changes in fair value, net | 380 |
Balance at End of Period | $ 2,865 |
Number of REO properties recorded on balance sheet | asset | 25 | 24
CAFL |  |
Other Real Estate [Roll Forward] |  |
Balance at beginning of period | $ 0 |
Transfers to REO | 2,684 |
Liquidations | 0 |
Changes in fair value, net | 0 |
Balance at End of Period | $ 2,684 |
Number of REO properties recorded on balance sheet | asset | 1 | 0
BPL bridge loans |  |
Other Real Estate [Roll Forward] |  |
Balance at beginning of period | $ 3,012 |
Transfers to REO | 48,864 |
Liquidations | (2,310) |
Changes in fair value, net | (992) |
Balance at End of Period | $ 48,574 |
Number of REO properties recorded on balance sheet | asset | 9 | 2

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- Definition Amount of realized and unrealized gain (loss), from the firm's direct investment activity, conducted separately from customer trading activities, and includes, but is not limited to, investments in private equity, alternative investment products, real estate, and exchanges and memberships. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.13(g),(h)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1 + Details
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- Definition Carrying amount as of the balance sheet date of land and buildings obtained through foreclosure proceedings or defeasance in full or partial satisfaction of a debt arrangement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481990/310-10-45-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11 + Details
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