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Use of Special Purpose Entities (SPE) and Variable Interest Entities (VIE) - Assets and Liabilities of Consolidated VIEs (Details)
12 Months Ended
Dec. 31, 2018
USD ($)
securitization
Jan. 01, 2020
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2017
USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and cash equivalents $ 103,724,000   $ 118,763,000 $ 95,191,000
Real estate held for sale in consolidated variable interest entities 29,704,000   0  
Receivables and other assets 114,821,000 $ 3,620,000 169,214,000  
Total Assets 14,737,638,000 [1] $ 502,033,000 23,483,369,000 [1]  
Mortgages and notes payable in consolidated variable interest entities 31,227,000   0  
Accrued expenses and other liabilities 101,228,000   177,260,000  
Total liabilities [1] 13,557,345,000   21,278,340,000  
Residential collateralized debt obligations        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Residential and multi-family collateralized debt obligations 53,040,000   40,429,000  
Residential collateralized debt obligations, at fair value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Residential and multi-family collateralized debt obligations 0   1,052,829,000  
Class A Notes | Collateralized Mortgage Obligations        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Transfer of financial assets accounted for as sale, initial fair value of assets obtained as proceeds $ 177,500,000      
Available-for-sale securities, debt securities, ownership percentage 5.00%      
Financing VIEs, Residential Mortgage Loan Securitization        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and cash equivalents $ 0   0  
Receivables and other assets 1,061,000   1,328,000  
Total Assets 57,856,000   45,358,000  
Accrued expenses and other liabilities 26,000   14,000  
Total liabilities 53,066,000   40,443,000  
Financing VIEs, Residential Mortgage Loan Securitization | Residential collateralized debt obligations        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Residential and multi-family collateralized debt obligations 53,040,000   40,429,000  
Financing VIEs, Residential Mortgage Loan Securitization | Residential mortgage loans held in securitization trusts, net        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Mortgage loans held in securitization trusts, net 56,795,000   44,030,000  
Consolidated K-Series        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and cash equivalents 0   0  
Receivables and other assets 37,679,000   59,417,000  
Total Assets 10,610,455,000   17,876,163,000  
Accrued expenses and other liabilities 37,022,000   57,873,000  
Total liabilities 10,022,666,000   16,782,324,000  
Consolidated K-Series | Residential collateralized debt obligations        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Residential and multi-family collateralized debt obligations     0  
Consolidated K-Series | Multi-Family CDOs        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Residential and multi-family collateralized debt obligations 9,985,644,000   16,724,451,000  
Consolidated K-Series | Multi-family loans held in securitization trusts, at fair value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Multi-family loans held in securitization trusts, at fair value 10,572,776,000   17,816,746,000  
Consolidated SLST        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and cash equivalents     0  
Multi-family loans held in securitization trusts, at fair value     1,328,886,000  
Receivables and other assets     5,244,000  
Total Assets     1,334,130,000  
Residential and multi-family collateralized debt obligations     1,052,829,000  
Accrued expenses and other liabilities     2,643,000  
Total liabilities     1,055,472,000  
Consolidated SLST | Residential collateralized debt obligations        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Residential and multi-family collateralized debt obligations     0  
Consolidated SLST | Residential collateralized debt obligations, at fair value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Residential and multi-family collateralized debt obligations     1,052,829,000  
Consolidated SLST | Residential mortgage loans held in securitization trust, at fair value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Mortgage loans held in securitization trusts, net     1,328,886,000  
Other VIEs        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and cash equivalents 708,000   107,000  
Real estate held for sale in consolidated variable interest entities 29,704,000      
Receivables and other assets 23,254,000   14,626,000  
Total Assets 53,666,000   14,733,000  
Mortgages and notes payable in consolidated variable interest entities 31,227,000      
Accrued expenses and other liabilities 1,166,000   75,000  
Total liabilities 32,393,000   75,000  
Other VIEs | Residential collateralized debt obligations        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Residential and multi-family collateralized debt obligations     0  
Financing VIEs, Multi-family CMBS Re-securitization        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and cash equivalents 0      
Investment securities available for sale, at fair value held in securitization trusts 52,700,000      
Receivables and other assets 4,243,000      
Total Assets 1,164,014,000      
Securitized debt 30,121,000      
Accrued expenses and other liabilities 4,228,000      
Total liabilities $ 1,070,953,000      
Number of securitizations | securitization 2      
Number of consolidated securitizations | securitization 1      
Financing VIEs, Multi-family CMBS Re-securitization | Multi-Family CDOs        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Residential and multi-family collateralized debt obligations $ 1,036,604,000      
Financing VIEs, Multi-family CMBS Re-securitization | Residential mortgage loans held in securitization trusts, net        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Mortgage loans held in securitization trusts, net 0      
Financing VIEs, Multi-family CMBS Re-securitization | Multi-family loans held in securitization trusts, at fair value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Multi-family loans held in securitization trusts, at fair value 1,107,071,000      
Financing VIEs, Distressed Residential Mortgage Loan Securitization        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and cash equivalents 0      
Receivables and other assets 10,287,000      
Total Assets 98,383,000      
Securitized debt 12,214,000      
Accrued expenses and other liabilities 444,000      
Total liabilities 12,658,000      
Financing VIEs, Distressed Residential Mortgage Loan Securitization | Residential mortgage loans held in securitization trust, at fair value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Mortgage loans held in securitization trusts, net 88,096,000      
Financing And Other VIEs        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and cash equivalents 708,000   107,000  
Investment securities available for sale, at fair value held in securitization trusts 52,700,000      
Multi-family loans held in securitization trusts, at fair value 11,679,847,000      
Real estate held for sale in consolidated variable interest entities 29,704,000      
Receivables and other assets 76,524,000   80,615,000  
Total Assets 11,984,374,000   19,270,384,000  
Securitized debt 42,335,000      
Mortgages and notes payable in consolidated variable interest entities 31,227,000      
Accrued expenses and other liabilities 42,886,000   60,605,000  
Total liabilities 11,191,736,000   17,878,314,000  
Financing And Other VIEs | Residential collateralized debt obligations        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Residential and multi-family collateralized debt obligations 53,040,000   40,429,000  
Financing And Other VIEs | Residential collateralized debt obligations, at fair value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Residential and multi-family collateralized debt obligations     1,052,829,000  
Financing And Other VIEs | Multi-Family CDOs        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Residential and multi-family collateralized debt obligations 11,022,248,000   16,724,451,000  
Financing And Other VIEs | Residential mortgage loans held in securitization trusts, net        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Mortgage loans held in securitization trusts, net 56,795,000   44,030,000  
Financing And Other VIEs | Residential mortgage loans held in securitization trust, at fair value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Mortgage loans held in securitization trusts, net $ 88,096,000   1,328,886,000  
Financing And Other VIEs | Multi-family loans held in securitization trusts, at fair value        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Multi-family loans held in securitization trusts, at fair value     $ 17,816,746,000  
Non-Financing VIEs, Multi-Family CMBS        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Number of securitizations considered non-financing VIEs | securitization 8      
[1]
Our consolidated balance sheets include assets and liabilities of consolidated variable interest entities (“VIEs”) as the Company is the primary beneficiary of these VIEs. As of December 31, 2019 and December 31, 2018, assets of consolidated VIEs totaled $19,270,384 and $11,984,374, respectively, and the liabilities of consolidated VIEs totaled $17,878,314 and $11,191,736, respectively. See Note 9 for further discussion.