XML 96 R81.htm IDEA: XBRL DOCUMENT v3.20.4
Use of Special Purpose Entities (SPE) and Variable Interest Entities (VIE) - Classification and Carrying Value of Unconsolidated VIEs (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Variable Interest Entity [Line Items]    
Total assets [1] $ 4,655,587 $ 23,483,369
Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 465,913 400,914
ABS | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 43,225 49,214
Preferred equity investments in multi-family properties | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 341,266 279,908
Mezzanine loans on multi-family properties | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 5,092 6,220
Equity investments in entities that invest in residential properties and loans | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 76,330 65,572
Multi-family loans | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 163,593 180,045
Multi-family loans | ABS | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 0 0
Multi-family loans | Preferred equity investments in multi-family properties | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 158,501 173,825
Multi-family loans | Mezzanine loans on multi-family properties | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 5,092 6,220
Multi-family loans | Equity investments in entities that invest in residential properties and loans | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 0 0
Investment securities available for sale, at fair value | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 43,225 49,214
Investment securities available for sale, at fair value | ABS | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 43,225 49,214
Investment securities available for sale, at fair value | Preferred equity investments in multi-family properties | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 0 0
Investment securities available for sale, at fair value | Mezzanine loans on multi-family properties | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 0 0
Investment securities available for sale, at fair value | Equity investments in entities that invest in residential properties and loans | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 0 0
Equity investments | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 259,095 171,655
Equity investments | ABS | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 0 0
Equity investments | Preferred equity investments in multi-family properties | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 182,765 106,083
Equity investments | Mezzanine loans on multi-family properties | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets 0 0
Equity investments | Equity investments in entities that invest in residential properties and loans | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Total assets $ 76,330 $ 65,572
[1] Our 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 December 31, 2020 and December 31, 2019, assets of consolidated VIEs totaled $2,150,984 and $19,270,384, respectively, and the liabilities of consolidated VIEs totaled $1,667,306 and $17,878,314, respectively. See Note 7 for further discussion.