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Net Interest Income
 3 Months Ended
Mar. 31, 2022
Banking and Thrift, Interest [Abstract]  
Net Interest Income Net Interest Income
The following table details the components of the Company's interest income and interest expense for the three months ended March 31, 2022 and 2021, respectively (dollar amounts in thousands):
For the Three Months Ended
March 31,
20222021
Interest income
Residential loans
Residential loans$24,834 $19,662 
Consolidated SLST9,380 10,318 
Residential loans held in securitization trusts16,633 7,968 
Total residential loans50,847 37,948 
Multi-family loans2,951 4,401 
Investment securities available for sale4,675 7,675 
Other28 15 
Total interest income58,501 50,039 
Interest expense
Repurchase agreements5,531 4,040 
Collateralized debt obligations
Consolidated SLST5,978 7,104 
Residential loan securitizations7,456 4,720 
Non-Agency RMBS re-securitization— 283 
Total collateralized debt obligations13,434 12,107 
Convertible notes438 2,784 
Senior unsecured notes1,603 — 
Subordinated debentures459 457 
Mortgages payable on real estate7,157 311 
Total interest expense28,622 19,699 
Net interest income$29,879 $30,340