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Net Interest Income (Tables) | 3 Months Ended
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Mar. 31, 2021
Banking and Thrift, Interest [Abstract] |
Components of Interest Income and Interest Expense | The following table details the components of the Company's interest income and interest expense for the three months ended March 31, 2021 and 2020, respectively (dollar amounts in thousands):
| For the Three Months Ended March 31,
| 2021 |  | 2020 |  |
Interest income |  |  |  |  |
Residential loans |  |  |  |  |
Residential loans | $ | 19,662 |  |  | $ | 21,682 |  |  |
Consolidated SLST | 10,318 |  |  | 12,123 |  |  |
Residential loans held in securitization trusts | 7,968 |  |  | 495 |  |  |
Total residential loans | 37,948 |  |  | 34,300 |  |  |
Multi-family loans |  |  |  |  |
Preferred equity and mezzanine loan investments | 4,401 |  |  | 5,373 |  |  |
Consolidated K-Series | — |  |  | 151,841 |  |  |
Total multi-family loans | 4,401 |  |  | 157,214 |  |  |
Investment securities available for sale | 7,675 |  |  | 18,756 |  |  |
Other | 15 |  |  | 343 |  |  |
Total interest income | 50,039 |  |  | 210,613 |  |  |
Interest expense |  |  |  |  |
Repurchase agreements | 4,040 |  |  | 20,745 |  |  |
Collateralized debt obligations |  |  |  |  |
Consolidated SLST | 7,104 |  |  | 8,535 |  |  |
Consolidated K-Series | — |  |  | 129,762 |  |  |
Residential loan securitizations | 4,720 |  |  | 237 |  |  |
Non-Agency RMBS re-securitization | 283 |  |  | — |  |  |
Total collateralized debt obligations | 12,107 |  |  | 138,534 |  |  |
Convertible debt | 2,784 |  |  | 2,735 |  |  |
Subordinated debentures | 457 |  |  | 649 |  |  |
Derivatives | — |  |  | 868 |  |  |
Other | 311 |  |  | — |  |  |
Total interest expense | 19,699 |  |  | 163,531 |  |  |
Net interest income | $ | 30,340 |  |  | $ | 47,082 |  |  |

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- Definition Tabular disclosure of interest income and expense, including, but not limited to, interest income and expense from investments, loans, and securities. + References No definition available. + Details
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