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Net Interest Income | 12 Months Ended
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Dec. 31, 2022
Banking and Thrift, Interest [Abstract] |
Net Interest Income | 20. Net Interest Income The following table details the components of the Company's interest income and interest expense for the years ended December 31, 2022, 2021 and 2020, respectively (dollar amounts in thousands):
| For the Years Ended December 31,
| 2022 |  | 2021 |  | 2020
Interest income |  |  |  |  |
Residential loans |  |  |  |  |
Residential loans | $ | 113,131 |  |  | $ | 83,852 |  |  | $ | 69,170 |
Consolidated SLST | 36,448 |  |  | 40,944 |  |  | 45,194 |
Residential loans held in securitization trusts | 80,119 |  |  | 38,941 |  |  | 12,612 |
Total residential loans | 229,698 |  |  | 163,737 |  |  | 126,976 |
Multi-family loans |  |  |  |  |
Preferred equity and mezzanine loan investments | 11,185 |  |  | 15,321 |  |  | 20,899 |
Consolidated K-Series | — |  |  | — |  |  | 151,841 |
Total multi-family loans | 11,185 |  |  | 15,321 |  |  | 172,740 |
Investment securities available for sale | 15,825 |  |  | 27,750 |  |  | 49,925 |
Other | 1,680 |  |  | 58 |  |  | 520 |
Total interest income | 258,388 |  |  | 206,866 |  |  | 350,161 |
Interest expense |  |  |  |  |
Repurchase agreements | 51,432 |  |  | 13,844 |  |  | 37,334 |
Collateralized debt obligations |  |  |  |  |
Consolidated SLST | 25,145 |  |  | 28,135 |  |  | 31,663 |
Consolidated K-Series | — |  |  | — |  |  | 129,762 |
Residential loan securitizations | 43,384 |  |  | 19,660 |  |  | 6,967 |
Non-Agency RMBS re-securitization | — |  |  | 283 |  |  | 3,290 |
Total collateralized debt obligations | 68,529 |  |  | 48,078 |  |  | 171,682 |
Convertible notes | 438 |  |  | 11,196 |  |  | 10,997 |
Senior unsecured notes | 6,430 |  |  | 4,335 |  |  | — |
Subordinated debentures | 2,590 |  |  | 1,831 |  |  | 2,187 |
Derivatives | — |  |  | — |  |  | 868 |
Total interest expense | 129,419 |  |  | 79,284 |  |  | 223,068 |
Net interest income | $ | 128,969 |  |  | $ | 127,582 |  |  | $ | 127,093 |

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- Definition The entire disclosure for interest income and interest expense for enterprises that derive a significant portion of their revenue from interest collected on investments, loans, and securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.1-12) -URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 + Details
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