XML 101 R92.htm IDEA: XBRL DOCUMENT v3.22.2
Fair Value of Financial Instruments - Valuation for Level 3 Assets (Details)
$ in Thousands
6 Months Ended
Jun. 30, 2022
USD ($)
securitization
Jun. 30, 2021
USD ($)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance at beginning of period $ 3,935,253 $ 3,471,854
Total (losses)/gains (realized/unrealized)    
Included in earnings (176,272) 38,670
Transfers out (1,855) (2,674)
Transfers to securitization trust 0 0
Funding/Contributions 19,191 320
Paydowns/Distributions (672,386) (561,143)
Sales 0 (17,944)
Purchases 1,555,737 605,076
Balance at the end of period 4,659,668 3,534,159
Consolidated SLST | VIE, Primary Beneficiary | Residential loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance at beginning of period 1,070,882 1,266,785
Total (losses)/gains (realized/unrealized)    
Included in earnings (79,292) (21,788)
Transfers out 0 0
Transfers to securitization trust 0 0
Funding/Contributions 0 0
Paydowns/Distributions (70,812) (68,458)
Sales 0 0
Purchases 0 0
Balance at the end of period 920,778 1,176,539
Residential loans | Residential loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance at beginning of period 1,703,290 1,090,930
Total (losses)/gains (realized/unrealized)    
Included in earnings (52,976) 14,494
Transfers out (875) (1,259)
Transfers to securitization trust (676,560) (160,623)
Funding/Contributions 0 0
Paydowns/Distributions (293,564) (306,209)
Sales 0 (15,568)
Purchases 1,514,004 605,076
Balance at the end of period $ 2,193,319 1,226,841
Number of securitizations completed | securitization 2  
Residential loans held in securitization trusts | Residential loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance at beginning of period $ 801,429 691,451
Total (losses)/gains (realized/unrealized)    
Included in earnings (65,935) 21,105
Transfers out (980) (1,415)
Transfers to securitization trust 676,560 160,623
Funding/Contributions 0 0
Paydowns/Distributions (237,712) (70,025)
Sales 0 (2,376)
Purchases 41,733 0
Balance at the end of period 1,215,095 799,363
Multi-family loans | Multi-family loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance at beginning of period 120,021 163,593
Total (losses)/gains (realized/unrealized)    
Included in earnings 6,298 10,853
Transfers out 0 0
Transfers to securitization trust 0 0
Funding/Contributions 0 0
Paydowns/Distributions (19,494) (47,727)
Sales 0 0
Purchases 0 0
Balance at the end of period 106,825 126,719
Equity investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance at beginning of period   259,095
Total (losses)/gains (realized/unrealized)    
Included in earnings   14,006
Funding/Contributions   320
Paydowns/Distributions   (68,724)
Equity investments | Equity investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance at beginning of period 239,631 259,095
Total (losses)/gains (realized/unrealized)    
Included in earnings 15,633 14,006
Transfers out 0 0
Transfers to securitization trust 0 0
Funding/Contributions 19,191 320
Paydowns/Distributions (50,804) (68,724)
Sales 0 0
Purchases 0 0
Balance at the end of period $ 223,651 $ 204,697