XML 181 R162.htm IDEA: XBRL DOCUMENT v3.24.0.1
Schedule IV - Mortgage Loans On Real Estate (Details)
 12 Months Ended
Dec. 31, 2023
USD ($)
loan
Dec. 31, 2022
USD ($)
loan
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Carrying Amount $ 12,696,220,000 $ 11,370,323,000 $ 12,856,934,000 $ 8,877,626,000
Residential loans, held-for-investment        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Carrying Amount 6,139,445,000      
Principal Amount Subject to Delinquent Principal or Interest $ 145,330,000      
Residential loans, held-for-sale, at fair value        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loan 874 994    
Carrying Amount $ 911,192,000      
Principal Amount Subject to Delinquent Principal or Interest $ 0 $ 208,000    
Residential loans, held-for-sale, at fair value | Hybrid ARM loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loan 2 8    
Carrying Amount $ 710,000      
Principal Amount Subject to Delinquent Principal or Interest $ 0 $ 0    
Residential loans, held-for-sale, at fair value | Hybrid ARM loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 6.25%      
Residential loans, held-for-sale, at fair value | Hybrid ARM loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 7.63%      
Residential loans, held-for-sale, at fair value | Fixed loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loan 872 986    
Carrying Amount $ 910,482,000      
Principal Amount Subject to Delinquent Principal or Interest $ 0 $ 208,000    
Residential loans, held-for-sale, at fair value | Fixed loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 2.50%      
Residential loans, held-for-sale, at fair value | Fixed loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 8.50%      
Single-family rental loans, held-for-sale        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Carrying Amount $ 144,359,000      
Principal Amount Subject to Delinquent Principal or Interest $ 28,263,000      
Single-family rental loans, held-for-sale | Fixed loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loan 38      
Carrying Amount $ 144,359,000      
Principal Amount Subject to Delinquent Principal or Interest $ 28,263,000      
Single-family rental loans, held-for-sale | Fixed loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 5.95%      
Single-family rental loans, held-for-sale | Fixed loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 8.88%      
Single family rental loans held for investment at fair value        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Carrying Amount $ 2,971,725,000      
Principal Amount Subject to Delinquent Principal or Interest 143,623,000      
BPL bridge loans held-for-investment        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Carrying Amount 1,341,618,000      
Principal Amount Subject to Delinquent Principal or Interest 96,934,000      
Real estate loans, federal income tax basis $ 2,130,000,000      
BPL bridge loans held-for-investment | Fixed loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loan 163      
Carrying Amount $ 329,768,000      
Principal Amount Subject to Delinquent Principal or Interest $ 14,552,000      
BPL bridge loans held-for-investment | Fixed loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 6.30%      
BPL bridge loans held-for-investment | Fixed loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 11.75%      
BPL bridge loans held-for-investment | Floating ARM Loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loan 762      
Carrying Amount $ 1,011,850,000      
Principal Amount Subject to Delinquent Principal or Interest $ 82,382,000      
BPL bridge loans held-for-investment | Floating ARM Loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 8.94%      
BPL bridge loans held-for-investment | Floating ARM Loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 13.21%      
Consolidated Agency multifamily loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Carrying Amount $ 425,285,000      
Principal Amount Subject to Delinquent Principal or Interest $ 0      
Consolidated Agency multifamily loans | Fixed loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loan 28      
Carrying Amount $ 425,285,000      
Principal Amount Subject to Delinquent Principal or Interest $ 0      
Consolidated Agency multifamily loans | Fixed loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 4.25%      
Consolidated Agency multifamily loans | Fixed loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 4.25%      
Legacy Sequoia        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Real estate loans, federal income tax basis $ 0      
Legacy Sequoia | Residential loans, held-for-investment        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loan 1,059 1,304    
Principal Amount Subject to Delinquent Principal or Interest $ 4,141,000 $ 6,824,000    
Legacy Sequoia | Residential loans, held-for-investment | ARM loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loan 1,054 1,297    
Carrying Amount $ 138,562,000      
Principal Amount Subject to Delinquent Principal or Interest $ 4,141,000 $ 6,824,000    
Legacy Sequoia | Residential loans, held-for-investment | ARM loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 1.25%      
Legacy Sequoia | Residential loans, held-for-investment | ARM loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 7.88%      
Legacy Sequoia | Residential loans, held-for-investment | Hybrid ARM loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loan 5 7    
Carrying Amount $ 1,177,000      
Principal Amount Subject to Delinquent Principal or Interest $ 0 $ 0    
Legacy Sequoia | Residential loans, held-for-investment | Hybrid ARM loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 4.88%      
Legacy Sequoia | Residential loans, held-for-investment | Hybrid ARM loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 6.63%      
Sequoia | Residential loans, held-for-investment        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loan 6,070 4,624    
Principal Amount Subject to Delinquent Principal or Interest $ 8,882,000 $ 7,799,000    
Sequoia | Residential loans, held-for-investment | Hybrid ARM loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loan 17 17    
Carrying Amount $ 10,581,000      
Principal Amount Subject to Delinquent Principal or Interest $ 0 $ 637,000    
Sequoia | Residential loans, held-for-investment | Hybrid ARM loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 3.38%      
Sequoia | Residential loans, held-for-investment | Hybrid ARM loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 7.63%      
Sequoia | Residential loans, held-for-investment | Fixed loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loan 6,053 4,607    
Carrying Amount $ 4,629,883,000      
Principal Amount Subject to Delinquent Principal or Interest $ 8,882,000 $ 7,162,000    
Sequoia | Residential loans, held-for-investment | Fixed loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 1.88%      
Sequoia | Residential loans, held-for-investment | Fixed loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 8.50%      
Freddie Mac SLST        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Real estate loans, federal income tax basis $ 0      
Freddie Mac SLST | Residential loans, held-for-investment | Fixed loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loan 10,302 10,882    
Carrying Amount $ 1,359,242,000      
Principal Amount Subject to Delinquent Principal or Interest $ 132,307,000 $ 209,397,000    
Freddie Mac SLST | Residential loans, held-for-investment | Fixed loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 2.00%      
Freddie Mac SLST | Residential loans, held-for-investment | Fixed loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 11.00%      
Net investments in consolidated CAFL Term entities | Single family rental loans held for investment at fair value | Fixed loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loan 1,055      
Carrying Amount $ 2,971,725,000      
Principal Amount Subject to Delinquent Principal or Interest $ 143,623,000      
Net investments in consolidated CAFL Term entities | Single family rental loans held for investment at fair value | Fixed loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 3.81%      
Net investments in consolidated CAFL Term entities | Single family rental loans held for investment at fair value | Fixed loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 8.24%      
Net investments in consolidated CAFL Term entities | BPL bridge loans held-for-investment        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Carrying Amount $ 762,596,000      
Principal Amount Subject to Delinquent Principal or Interest $ 10,647,000      
Net investments in consolidated CAFL Term entities | BPL bridge loans held-for-investment | Fixed loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loan 627      
Carrying Amount $ 187,725,000      
Principal Amount Subject to Delinquent Principal or Interest $ 4,806,000      
Net investments in consolidated CAFL Term entities | BPL bridge loans held-for-investment | Fixed loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 6.25%      
Net investments in consolidated CAFL Term entities | BPL bridge loans held-for-investment | Fixed loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 11.50%      
Net investments in consolidated CAFL Term entities | BPL bridge loans held-for-investment | Floating ARM Loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loan 1,285      
Carrying Amount $ 574,871,000      
Principal Amount Subject to Delinquent Principal or Interest $ 5,841,000      
Net investments in consolidated CAFL Term entities | BPL bridge loans held-for-investment | Floating ARM Loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 9.29%      
Net investments in consolidated CAFL Term entities | BPL bridge loans held-for-investment | Floating ARM Loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 14.46%