XML 64 R54.htm IDEA: XBRL DOCUMENT v3.20.2
Residential Loans, at Fair Value - Narrative (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Realized gains (losses) on sale and payoff of residential loans $ 2,400 $ 1,700 $ (11,700) $ 7,200  
CDOs outstanding 98,000   98,000   $ 4,900
Purchase of senior securities     431 939  
Loss on sale of investment     149,919 $ (32,556)  
Residential loans          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Loans pledged as collateral         80,600
Unpaid principal 1,207,391   1,207,391   1,464,984
Residential loans, at fair value          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Loans pledged as collateral 938,600   938,600   881,200
90 days or greater delinquent | Residential loans          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Principal amount of delinquent loans 157,682   157,682   122,918
Residential collateralized debt obligations          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Collateralized debt obligations $ 268,800   $ 268,800   $ 40,400
Weighted average interest rate 3.57%   3.57%   2.41%
Consolidated SLST | VIE, Primary Beneficiary          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Collateralized debt obligations $ 1,077,980   $ 1,077,980   $ 1,052,829
Investment in Consolidated SLST limited to securities owned, net carrying value 210,900   210,900   276,800
Purchase of senior securities     40,000    
Proceeds from sale of investment     62,600    
Loss on sale of investment     2,400    
Unpaid principal 1,259,063   1,259,063   1,322,131
Consolidated SLST | VIE, Primary Beneficiary | Residential loans | 90 days or greater delinquent          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Principal amount of delinquent loans $ 173,200   $ 173,200   $ 50,700
Consolidated SLST | VIE, Primary Beneficiary | SLST CDOs          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Weighted average interest rate 3.53%   3.53%   3.53%
Unpaid principal $ 1,300,000   $ 1,300,000   $ 1,300,000