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Use of Special Purpose Entities (SPE) and Variable Interest Entities (VIE) - Assets and Liabilities of Consolidated VIEs (Details) - USD ($)
$ in Thousands
Sep. 30, 2022
Jun. 30, 2022
Dec. 31, 2021
Sep. 30, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and cash equivalents $ 355,276   $ 289,602 $ 408,785
Assets of disposal group held for sale 1,147,410   0  
Other assets 233,540   215,019  
Total Assets [1] 6,769,469   5,658,301  
Liabilities of disposal group held for sale 875,576   0  
Other liabilities 197,189   161,081  
Total Liabilities [1] 4,787,563   3,226,519  
Non-controlling interest in Consolidated VIEs 36,614   24,359  
Residential collateralized debt obligations        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Multi-family CDOs, at fair value 1,309,735   682,802  
Consolidated SLST CDOs        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Multi-family CDOs, at fair value 660,069   839,419  
VIE, Primary Beneficiary        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Total Assets 4,076,293   2,940,513  
Total Liabilities 3,282,435   2,235,665  
Redeemable non-controlling interest in Consolidated VIEs 27,786 $ 37,101 66,392  
VIE, Primary Beneficiary | Financing And Other VIEs        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and cash equivalents 18,555   29,606  
Real estate, net held in Consolidated VIEs 546,118   927,725  
Assets of disposal group held for sale 1,137,475      
Other assets 102,287   110,871  
Total Assets 4,076,293   2,940,513  
Multi-family CDOs, at fair value 1,969,804   1,522,221  
Mortgages payable on real estate, net in Consolidated VIEs 387,761   672,568  
Liabilities of disposal group held for sale 875,576      
Other liabilities 49,294   40,876  
Total Liabilities 3,282,435   2,235,665  
Redeemable non-controlling interest in Consolidated VIEs 27,786   66,392  
Non-controlling interest in Consolidated VIEs 36,614   24,359  
Net investment 729,458   614,097  
VIE, Primary Beneficiary | Residential Loan Securitizations        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and cash equivalents 0   0  
Real estate, net held in Consolidated VIEs 0   0  
Assets of disposal group held for sale 0      
Other assets 81,603   36,767  
Total Assets 1,492,676   838,196  
Multi-family CDOs, at fair value 1,309,735   682,802  
Mortgages payable on real estate, net in Consolidated VIEs 0   0  
Liabilities of disposal group held for sale 0      
Other liabilities 33,245   20,156  
Total Liabilities 1,342,980   702,958  
Redeemable non-controlling interest in Consolidated VIEs 0   0  
Non-controlling interest in Consolidated VIEs 0   0  
Net investment 149,696   135,238  
VIE, Primary Beneficiary | Consolidated SLST        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and cash equivalents 0   0  
Real estate, net held in Consolidated VIEs 0   0  
Assets of disposal group held for sale 0      
Other assets 3,227   3,547  
Total Assets 864,012   1,074,429  
Multi-family CDOs, at fair value 660,069   839,419  
Mortgages payable on real estate, net in Consolidated VIEs 0   0  
Liabilities of disposal group held for sale 0      
Other liabilities 3,714   3,193  
Total Liabilities 663,783   842,612  
Redeemable non-controlling interest in Consolidated VIEs 0   0  
Non-controlling interest in Consolidated VIEs 0   0  
Net investment 200,229   231,817  
VIE, Primary Beneficiary | Consolidated Real Estate        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and cash equivalents 18,555   29,606  
Real estate, net held in Consolidated VIEs 546,118   927,725  
Assets of disposal group held for sale 1,137,475      
Other assets 17,457   70,557  
Total Assets 1,719,605   1,027,888  
Multi-family CDOs, at fair value 0   0  
Mortgages payable on real estate, net in Consolidated VIEs 387,761   672,568  
Liabilities of disposal group held for sale 875,576      
Other liabilities 12,335   17,527  
Total Liabilities 1,275,672   690,095  
Redeemable non-controlling interest in Consolidated VIEs 27,786   66,392  
Non-controlling interest in Consolidated VIEs 36,614   24,359  
Net investment 379,533   247,042  
VIE, Primary Beneficiary | Residential collateralized debt obligations        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Multi-family CDOs, at fair value 1,309,735   682,802  
VIE, Primary Beneficiary | Consolidated SLST CDOs        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Multi-family CDOs, at fair value 660,069   839,419  
VIE, Primary Beneficiary | Residential loans, at fair value | Financing And Other VIEs        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Residential loans, at fair value 2,271,858   1,872,311  
VIE, Primary Beneficiary | Residential loans, at fair value | Residential Loan Securitizations        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Residential loans, at fair value 1,411,073   801,429  
VIE, Primary Beneficiary | Residential loans, at fair value | Consolidated SLST        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Residential loans, at fair value 860,785   1,070,882  
VIE, Primary Beneficiary | Residential loans, at fair value | Consolidated Real Estate        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Residential loans, at fair value $ 0   $ 0  
[1] Our condensed 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 September 30, 2022 and December 31, 2021, assets of consolidated VIEs totaled $4,076,293 and $2,940,513, respectively, and the liabilities of consolidated VIEs totaled $3,282,435 and $2,235,665, respectively. See Note 7 for further discussion.