XML 86 R68.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated K-Series - Condensed Balance Sheet of Consolidated K-Series (Details) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2019
Dec. 31, 2018
Assets        
Total Assets [1] $ 4,718,301 $ 23,483,369    
Liabilities and Equity        
Total Liabilities [1] 2,717,850 21,278,340    
Equity 2,000,451 2,205,029 $ 1,379,452 $ 1,180,293
Total Liabilities and Stockholders' Equity 4,718,301 23,483,369    
VIE, Primary Beneficiary        
Assets        
Total Assets 1,283,255 19,270,384    
Liabilities and Equity        
Total Liabilities $ 1,076,678 17,878,314    
VIE, Primary Beneficiary | Consolidated K-Series        
Assets        
Multi-family loans held in securitization trusts, at fair value   17,816,746    
Receivables   59,417    
Total Assets   17,876,163    
Liabilities and Equity        
Multi-family CDOs, at fair value   16,724,451    
Accrued expenses   57,873    
Total Liabilities   16,782,324    
Equity   1,093,839    
Total Liabilities and Stockholders' Equity   $ 17,876,163    
[1]
Our condensed 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 March 31, 2020 and December 31, 2019, assets of consolidated VIEs totaled $1,283,255 and $19,270,384, respectively, and the liabilities of consolidated VIEs totaled $1,076,678 and $17,878,314, respectively. See Note 9 for further discussion.