XML 140 R125.htm IDEA: XBRL DOCUMENT v3.20.4
Schedule IV - Mortgage Loans on Real Estate (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2020
USD ($)
loans
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2020
USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Carrying Value $ 3,049,166 $ 12,707,625 $ 10,157,126 $ 3,049,166
Principal Amount of Loans Subject to Delinquent Principal or Interest       406,293
Reconciliation of Balance Sheet Reported Amounts of Mortgage Loans on Real Estate        
Beginning balance 20,780,548 12,707,625 10,157,126  
Additions during period:        
Purchases 569,557 8,762,553 2,983,295  
Accretion of purchase discount 5,265 11,234 19,940  
Change in realized and unrealized gains 101,957 638,557 4,096  
Deductions during period:        
Repayments of principal (674,337) (1,052,812) (182,163)  
Collection of interest 0 (11,429) (21,754)  
Transfer to investment securities available for sale (2) (237,297) 0 0  
Transfer to REO (8,509) (6,105) (7,998)  
Cost of loans sold (17,478,478) (213,871) (109,000)  
Provision for loan loss 0 2,780 (1,235)  
Change in realized and unrealized losses 0 0 (85,115)  
Amortization of premium (15,352) (57,984) (49,567)  
Balance at end of period 3,049,166 20,780,548 12,707,625  
Cumulative Effect, Period of Adoption, Adjustment        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Carrying Value 5,812 0 0  
Reconciliation of Balance Sheet Reported Amounts of Mortgage Loans on Real Estate        
Beginning balance $ 5,812 0 0  
Deductions during period:        
Balance at end of period   $ 5,812 $ 0  
Residential Loans Held in Securitization Trusts        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loans 1,204      
Carrying Value $ 64,247     64,247
Principal Amount of Loans Subject to Delinquent Principal or Interest       8,744
Deductions during period:        
Balance at end of period $ 64,247      
Residential Loans Held in Securitization Trusts | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 1.63%      
Residential Loans Held in Securitization Trusts | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 13.33%      
Mortgage Loans Under $100,000 | First mortgage loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loans 1,335      
Carrying Value $ 66,968     66,968
Principal Amount of Loans Subject to Delinquent Principal or Interest       6,285
Deductions during period:        
Balance at end of period $ 66,968      
Mortgage Loans Under $100,000 | First mortgage loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 1.38%      
Mortgage Loans Under $100,000 | First mortgage loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 14.99%      
Mortgage Loans Under $100,000 | Second mortgage loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loans 421      
Carrying Value $ 18,222     18,222
Principal Amount of Loans Subject to Delinquent Principal or Interest       579
Deductions during period:        
Balance at end of period $ 18,222      
Mortgage Loans Under $100,000 | Second mortgage loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 5.75%      
Mortgage Loans Under $100,000 | Second mortgage loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 9.00%      
Mortgage Loans Under $100,000 | Business Purpose Loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loans 176      
Carrying Value $ 20,610     20,610
Principal Amount of Loans Subject to Delinquent Principal or Interest       160
Deductions during period:        
Balance at end of period $ 20,610      
Mortgage Loans Under $100,000 | Business Purpose Loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 7.75%      
Mortgage Loans Under $100,000 | Business Purpose Loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 15.00%      
Mortgage Loans Under $100,000 | Residential Loans Held in Securitization Trusts        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loans 1,591      
Carrying Value $ 181,487     181,487
Principal Amount of Loans Subject to Delinquent Principal or Interest       21,816
Deductions during period:        
Balance at end of period $ 181,487      
Mortgage Loans Under $100,000 | Residential Loans Held in Securitization Trusts | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 1.88%      
Mortgage Loans Under $100,000 | Residential Loans Held in Securitization Trusts | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 12.80%      
Mortgage Loans Between $100,000 - $199,999 | First mortgage loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loans 1,323      
Carrying Value $ 163,575     163,575
Principal Amount of Loans Subject to Delinquent Principal or Interest       13,176
Deductions during period:        
Balance at end of period $ 163,575      
Mortgage Loans Between $100,000 - $199,999 | First mortgage loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 2.00%      
Mortgage Loans Between $100,000 - $199,999 | First mortgage loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 11.84%      
Mortgage Loans Between $100,000 - $199,999 | Second mortgage loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loans 50      
Carrying Value $ 6,212     6,212
Principal Amount of Loans Subject to Delinquent Principal or Interest       0
Deductions during period:        
Balance at end of period $ 6,212      
Mortgage Loans Between $100,000 - $199,999 | Second mortgage loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 6.25%      
Mortgage Loans Between $100,000 - $199,999 | Second mortgage loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 9.13%      
Mortgage Loans Between $100,000 - $199,999 | Business Purpose Loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loans 290      
Carrying Value $ 53,684     53,684
Principal Amount of Loans Subject to Delinquent Principal or Interest       1,218
Deductions during period:        
Balance at end of period $ 53,684      
Mortgage Loans Between $100,000 - $199,999 | Business Purpose Loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 7.85%      
Mortgage Loans Between $100,000 - $199,999 | Business Purpose Loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 14.50%      
Mortgage Loans Between $100,000 - $199,999 | Residential Loans Held in Securitization Trusts        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loans 782      
Carrying Value $ 150,240     150,240
Principal Amount of Loans Subject to Delinquent Principal or Interest       20,409
Deductions during period:        
Balance at end of period $ 150,240      
Mortgage Loans Between $100,000 - $199,999 | Residential Loans Held in Securitization Trusts | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 1.75%      
Mortgage Loans Between $100,000 - $199,999 | Residential Loans Held in Securitization Trusts | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 11.44%      
Mortgage Loans Between $200,000 - $299,999 | First mortgage loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loans 616      
Carrying Value $ 134,048     134,048
Principal Amount of Loans Subject to Delinquent Principal or Interest       12,380
Deductions during period:        
Balance at end of period $ 134,048      
Mortgage Loans Between $200,000 - $299,999 | First mortgage loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 0.00%      
Mortgage Loans Between $200,000 - $299,999 | First mortgage loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 11.38%      
Mortgage Loans Between $200,000 - $299,999 | Second mortgage loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loans 18      
Carrying Value $ 3,953     3,953
Principal Amount of Loans Subject to Delinquent Principal or Interest       0
Deductions during period:        
Balance at end of period $ 3,953      
Mortgage Loans Between $200,000 - $299,999 | Second mortgage loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 6.25%      
Mortgage Loans Between $200,000 - $299,999 | Second mortgage loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 8.63%      
Mortgage Loans Between $200,000 - $299,999 | Business Purpose Loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loans 175      
Carrying Value $ 46,937     46,937
Principal Amount of Loans Subject to Delinquent Principal or Interest       2,187
Deductions during period:        
Balance at end of period $ 46,937      
Mortgage Loans Between $200,000 - $299,999 | Business Purpose Loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 7.85%      
Mortgage Loans Between $200,000 - $299,999 | Business Purpose Loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 12.50%      
Mortgage Loans Between $200,000 - $299,999 | Residential Loans Held in Securitization Trusts        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loans 832      
Carrying Value $ 295,477     295,477
Principal Amount of Loans Subject to Delinquent Principal or Interest       52,553
Deductions during period:        
Balance at end of period $ 295,477      
Mortgage Loans Between $200,000 - $299,999 | Residential Loans Held in Securitization Trusts | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 1.38%      
Mortgage Loans Between $200,000 - $299,999 | Residential Loans Held in Securitization Trusts | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 9.79%      
Mortgage Loans Over $299,999 | First mortgage loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loans 753      
Carrying Value $ 326,591     326,591
Principal Amount of Loans Subject to Delinquent Principal or Interest       25,432
Deductions during period:        
Balance at end of period $ 326,591      
Mortgage Loans Over $299,999 | First mortgage loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 1.88%      
Mortgage Loans Over $299,999 | First mortgage loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 9.63%      
Mortgage Loans Over $299,999 | Business Purpose Loans        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loans 339      
Carrying Value $ 250,130     250,130
Principal Amount of Loans Subject to Delinquent Principal or Interest       4,615
Deductions during period:        
Balance at end of period $ 250,130      
Mortgage Loans Over $299,999 | Business Purpose Loans | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 7.00%      
Mortgage Loans Over $299,999 | Business Purpose Loans | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 12.99%      
First mortgage loans | Consolidated SLST        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Number of Loans | loans 7,645      
Carrying Value $ 1,266,785     1,266,785
Deductions during period:        
Balance at end of period $ 1,266,785      
First mortgage loans | Consolidated SLST | Financial Asset, Equal to or Greater than 90 Days Past Due        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Principal Amount of Loans Subject to Delinquent Principal or Interest       $ 236,739
First mortgage loans | Consolidated SLST | Minimum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 1.38%      
First mortgage loans | Consolidated SLST | Maximum        
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]        
Interest Rate 10.50%