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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
Jun. 30, 2020
Dec. 31, 2019
Jun. 30, 2019
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Cash and cash equivalents $ 371,697 $ 118,763 $ 134,993
Investment securities available for sale 498,805 1,760,812  
Receivables and other assets 130,858 169,214  
Total Assets [1] 4,616,730 23,483,369  
Accrued expenses and other liabilities 77,614 177,260  
Total Liabilities [1] 2,453,789 21,278,340  
Residential collateralized debt obligations      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Collateralized debt obligations 36,699 40,429  
Residential collateralized debt obligations, at fair value      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Collateralized debt obligations 1,088,233 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 | Residential loans, at fair value      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Residential loans, at fair value   1,328,886  
VIE, Primary Beneficiary      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Total Assets 1,541,953 19,270,384  
Total Liabilities 1,238,373 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 3,475 1,328  
Total Assets 44,168 45,358  
Accrued expenses and other liabilities 6 14  
Total Liabilities 36,705 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 36,699 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 40,693    
VIE, Primary Beneficiary | Residential Loan Securitizations | Residential loans, net      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Residential mortgage loans held in securitization trusts, net   44,030  
VIE, Primary Beneficiary | Non-Agency RMBS Re-Securitization      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Investment securities available for sale 177,133    
Receivables and other assets 28,447    
Total Assets 205,580    
Collateralized debt obligations 108,999    
Accrued expenses and other liabilities 454    
Total Liabilities 109,453    
VIE, Primary Beneficiary | Non-Agency RMBS Re-Securitization | Residential collateralized debt obligations      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Collateralized debt obligations 0    
VIE, Primary Beneficiary | Non-Agency RMBS Re-Securitization | Residential loans, at fair value      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Residential loans, at fair value 0    
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 4,241 5,244  
Total Assets 1,279,091 1,334,130  
Accrued expenses and other liabilities 3,908 2,643  
Total Liabilities 1,092,141 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 1,088,233 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 1,274,850 1,328,886  
VIE, Primary Beneficiary | Other      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Cash and cash equivalents 2,320 107  
Receivables and other assets 10,794 14,626  
Total Assets 13,114 14,733  
Accrued expenses and other liabilities 74 75  
Total Liabilities 74    
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 2,320 107  
Investment securities available for sale 177,133    
Receivables and other assets 46,957 80,615  
Total Assets 1,541,953 19,270,384  
Collateralized debt obligations 108,999    
Accrued expenses and other liabilities 4,442 60,605  
Total Liabilities 1,238,373 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 36,699 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 1,088,233 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, at fair value      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Residential loans, at fair value $ 1,315,543    
VIE, Primary Beneficiary | Financing And Other VIEs | Residential loans, 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 June 30, 2020 and December 31, 2019, assets of consolidated VIEs totaled $1,541,953 and $19,270,384, respectively, and the liabilities of consolidated VIEs totaled $1,238,373 and $17,878,314, respectively. See Note 9 for further discussion.