XML 102 R92.htm IDEA: XBRL DOCUMENT v3.20.2
Fair Value of Financial Instruments - Valuation for Level 3 Liabilities (Details) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance at beginning of period $ 17,777,280    
Total losses/(gains) (realized/unrealized)      
Included in earnings 87,438    
Paydowns (186,618)    
Sales (16,589,867)    
Transfers out 0    
Balance at the end of period 1,088,233    
Liabilities [1] 2,453,789   $ 21,278,340
VIE, Primary Beneficiary      
Total losses/(gains) (realized/unrealized)      
Liabilities 1,238,373   17,878,314
VIE, Primary Beneficiary | Consolidated SLST      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance at beginning of period 1,052,829    
Total losses/(gains) (realized/unrealized)      
Included in earnings   $ 52,420  
Paydowns (39,242)    
Sales 22,226    
Transfers out   0  
Balance at the end of period   1,088,233  
Liabilities 1,092,141   1,055,472
VIE, Primary Beneficiary | Consolidated K-Series      
Total losses/(gains) (realized/unrealized)      
Liabilities     $ 16,782,324
Multi-family collateralized debt obligations      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance at beginning of period 16,724,451 11,022,248  
Total losses/(gains) (realized/unrealized)      
Included in earnings 35,018 531,930  
Purchases   2,324,639  
Paydowns (147,376) (106,091)  
Sales (16,612,093)    
Transfers out 0    
Balance at the end of period $ 0 13,772,726  
Multi-family collateralized debt obligations | VIE, Primary Beneficiary | Consolidated K-Series      
Total losses/(gains) (realized/unrealized)      
Liabilities   $ 2,300,000  
[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.