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Investments Held to Maturity (Tables)
9 Months Ended
Sep. 30, 2022
Investments Held to Maturity  
Schedule of information about held to maturity investments

    

    

    

    

    

Gross

Gross

Weighted Average

Amortized

Unrealized

Unrealized

(in thousands)

Interest Rate (a)

Cost

Fair Value

Gains

 Losses

September 30, 2022

Less than one year

 

12.0

%  

$

446

$

446

$

$

One to five years

 

14.9

%  

 

39,643

 

39,643

 

 

Construction preferred equities

14.9

%  

$

40,089

$

40,089

$

$

One to five years

 

12.0

%  

 

108,423

 

108,423

 

 

Construction preferred equities in consolidated VIEs

12.0

%  

$

108,423

$

108,423

$

$

Total held to maturity investments

12.8

%  

$

148,512

$

148,512

$

$

(a) Weighted based on current principal balance