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Use of Special Purpose Entities (SPE) and Variable Interest Entities (VIE) - Assets and Liabilities of Consolidated VIEs (Details) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2019
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Cash and cash equivalents $ 172,513 $ 118,763 $ 65,359
Receivables and other assets 277,008 169,214  
Total Assets [1] 4,718,301 23,483,369  
Accrued expenses and other liabilities 37,241 177,260  
Total Liabilities [1] 2,717,850 21,278,340  
Residential collateralized debt obligations      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Collateralized debt obligations 38,959 40,429  
Residential collateralized debt obligations, at fair value      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Collateralized debt obligations 1,034,992 1,052,829  
Multi-family collateralized debt obligations, at fair value      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Collateralized debt obligations 0 16,724,451  
Other      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Total Liabilities   75  
Financing And Other VIEs      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Cash and cash equivalents 4    
Receivables and other assets 21,968    
Total Assets 1,283,255    
Accrued expenses and other liabilities 2,727    
Total Liabilities 1,076,678    
Financing And Other VIEs | Residential collateralized debt obligations      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Collateralized debt obligations 38,959    
Financing And Other VIEs | Residential loans, at fair value      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Residential loans, at fair value 1,261,283 1,328,886  
VIE, Primary Beneficiary      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Total Assets 1,283,255 19,270,384  
Total Liabilities 1,076,678 17,878,314  
VIE, Primary Beneficiary | Residential Loan Securitizations      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Cash and cash equivalents 0 0  
Receivables and other assets 3,337 1,328  
Total Assets 46,321 45,358  
Accrued expenses and other liabilities 6 14  
Total Liabilities 38,965 40,443  
VIE, Primary Beneficiary | Residential Loan Securitizations | Residential collateralized debt obligations      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Collateralized debt obligations 38,959 40,429  
VIE, Primary Beneficiary | Residential Loan Securitizations | Residential loans, at fair value      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Residential loans, at fair value 42,984    
VIE, Primary Beneficiary | Residential Loan Securitizations | Residential loans held in securitization trusts, net      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Residential mortgage loans held in securitization trusts, net   44,030  
VIE, Primary Beneficiary | Consolidated K-Series      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Cash and cash equivalents   0  
Receivables and other assets   59,417  
Total Assets   17,876,163  
Accrued expenses and other liabilities   57,873  
Total Liabilities   16,782,324  
VIE, Primary Beneficiary | Consolidated K-Series | Multi-family collateralized debt obligations, at fair value      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Collateralized debt obligations   16,724,451  
VIE, Primary Beneficiary | 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   17,816,746  
VIE, Primary Beneficiary | Consolidated SLST      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Cash and cash equivalents 0    
Receivables and other assets 3,772 5,244  
Total Assets 1,222,071 1,334,130  
Accrued expenses and other liabilities 2,646 2,643  
Total Liabilities 1,037,638 1,055,472  
VIE, Primary Beneficiary | Consolidated SLST | Residential collateralized debt obligations      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Collateralized debt obligations 0    
VIE, Primary Beneficiary | Consolidated SLST | Residential collateralized debt obligations, at fair value      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Collateralized debt obligations 1,034,992 1,052,829  
VIE, Primary Beneficiary | Consolidated SLST | Residential loans, at fair value      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Residential loans, at fair value 1,218,299 1,328,886  
VIE, Primary Beneficiary | Other      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Cash and cash equivalents 4 107  
Receivables and other assets 14,859 14,626  
Total Assets 14,863 14,733  
Accrued expenses and other liabilities 75 75  
Total Liabilities 75    
VIE, Primary Beneficiary | Other | Residential collateralized debt obligations      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Collateralized debt obligations $ 0    
VIE, Primary Beneficiary | Financing And Other VIEs      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Cash and cash equivalents   107  
Receivables and other assets   80,615  
Total Assets   19,270,384  
Accrued expenses and other liabilities   60,605  
Total Liabilities   17,878,314  
VIE, Primary Beneficiary | Financing And Other VIEs | Residential collateralized debt obligations      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Collateralized debt obligations   40,429  
VIE, Primary Beneficiary | Financing And Other VIEs | Residential collateralized debt obligations, at fair value      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Collateralized debt obligations   1,052,829  
VIE, Primary Beneficiary | Financing And Other VIEs | Multi-family collateralized debt obligations, at fair value      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Collateralized debt obligations   16,724,451  
VIE, Primary Beneficiary | Financing And Other VIEs | Residential loans held in securitization trusts, net      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Residential mortgage loans held in securitization trusts, net   44,030  
VIE, Primary Beneficiary | 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  
[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.