XML 134 R120.htm IDEA: XBRL DOCUMENT v3.23.1
Net Interest Income - Schedule of Components of Interest Income and Interest Expense (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Interest income $ 57,136 $ 58,501
Interest expense 39,335 21,465
Total net interest income 17,801 37,036
Convertible notes    
Interest expense 0 438
Senior unsecured notes    
Senior unsecured notes 1,614 1,603
Subordinated debentures    
Subordinated debentures 962 459
Residential loans    
Interest income 16,954 24,834
Consolidated SLST | VIE, Primary Beneficiary    
Interest income 8,733 9,380
Interest expense 6,315 5,978
Residential loans held in securitization trusts    
Interest income 24,721 16,633
Total residential loans    
Interest income 50,408 50,847
Multi-family loans    
Interest income 2,436 2,951
Investment securities available for sale    
Investment securities available for sale 3,169 4,675
Other    
Other 1,123 28
Repurchase agreements    
Interest expense 13,068 5,531
Residential loan securitizations    
Interest expense 17,376 7,456
Total collateralized debt obligations    
Interest expense $ 23,691 $ 13,434