XML 126 R109.htm IDEA: XBRL DOCUMENT v3.22.0.1
Net Interest Income (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Total interest income $ 206,866 $ 350,161 $ 694,614
Derivatives 0 868 711
Total interest expense 83,248 223,068 566,750
Total net interest income 123,618 127,093 127,864
Convertible debt      
Interest expense 11,196 10,997 10,813
Senior unsecured notes      
Senior unsecured notes 4,335 0 0
Subordinated debentures      
Subordinated debentures 1,831 2,187 2,865
Residential loans      
Interest income 83,852 69,170 63,031
Consolidated SLST | VIE, Primary Beneficiary      
Interest income 40,944 45,194 4,764
Interest expense 28,135 31,663 2,945
Residential loans held in securitization trusts      
Interest income 38,941 12,612 3,222
Total residential loans      
Interest income 163,737 126,976 71,017
Preferred equity and mezzanine loan investments      
Interest income 15,321 20,899 20,899
Consolidated K-Series | VIE, Primary Beneficiary      
Interest income 0 151,841 535,226
Interest expense 0 129,762 457,130
Total multi-family loans      
Interest income 15,321 172,740 556,125
Investment securities available for sale      
Investment securities available for sale 27,750 49,925 65,486
Other      
Other 58 520 1,986
Mortgages payable on operating real estate 3,964 0 0
Repurchase agreements      
Interest expense 13,844 37,334 90,110
Residential loan securitizations      
Interest expense 19,660 6,967 1,682
Non-Agency RMBS and CMBS re-securitizations      
Interest expense 283 3,290 494
Total collateralized debt obligations      
Interest expense $ 48,078 $ 171,682 $ 462,251