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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
Mar. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and cash equivalents $ 227,753 $ 244,718 $ 303,762  
Assets of disposal group held for sale 1,150,379 1,151,784    
Other assets 222,327 259,356    
Total Assets [1] 6,170,249 6,240,745    
Liabilities of disposal group held for sale 896,983 883,812    
Other liabilities 92,691 115,991    
Total Liabilities [1] 4,346,957 4,376,634    
Non-controlling interest in Consolidated VIEs 31,434 33,092    
Residential collateralized debt obligations        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Multi-family CDOs, at fair value 1,390,991 1,468,222    
Consolidated SLST CDOs        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Multi-family CDOs, at fair value 638,513 634,495    
VIE, Primary Beneficiary        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Total Assets 4,258,823 4,261,097    
Total Liabilities 3,340,459 3,403,257    
Redeemable non-controlling interest in Consolidated VIEs 54,352 63,803 $ 53,361 $ 66,392
VIE, Primary Beneficiary | Financing And Other VIEs        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and cash equivalents 11,971 21,129    
Real estate, net held in Consolidated VIEs 543,471 543,739    
Assets of disposal group held for sale 1,140,308 1,142,773    
Other assets 109,217 109,760    
Total Assets 4,258,823 4,261,097    
Multi-family CDOs, at fair value 2,029,504 2,102,717    
Mortgages payable on real estate, net in Consolidated VIEs 397,316 394,707    
Liabilities of disposal group held for sale 896,983 883,812    
Other liabilities 16,656 22,021    
Total Liabilities 3,340,459 3,403,257    
Redeemable non-controlling interest in Consolidated VIEs 54,352 63,803    
Non-controlling interest in Consolidated VIEs 31,309 32,967    
Net investment 832,703 761,070    
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 0    
Other assets 96,699 92,906    
Total Assets 1,721,402 1,709,020    
Multi-family CDOs, at fair value 1,390,991 1,468,222    
Mortgages payable on real estate, net in Consolidated VIEs 0 0    
Liabilities of disposal group held for sale 0 0    
Other liabilities 6,624 8,168    
Total Liabilities 1,397,615 1,476,390    
Redeemable non-controlling interest in Consolidated VIEs 0 0    
Non-controlling interest in Consolidated VIEs 0 0    
Net investment 323,787 232,630    
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 0    
Other assets 3,122 3,168    
Total Assets 832,275 830,750    
Multi-family CDOs, at fair value 638,513 634,495    
Mortgages payable on real estate, net in Consolidated VIEs 0 0    
Liabilities of disposal group held for sale 0 0    
Other liabilities 3,883 3,342    
Total Liabilities 642,396 637,837    
Redeemable non-controlling interest in Consolidated VIEs 0 0    
Non-controlling interest in Consolidated VIEs 0 0    
Net investment 189,879 192,913    
VIE, Primary Beneficiary | Consolidated Real Estate        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and cash equivalents 11,971 21,129    
Real estate, net held in Consolidated VIEs 543,471 543,739    
Assets of disposal group held for sale 1,140,308 1,142,773    
Other assets 9,396 13,686    
Total Assets 1,705,146 1,721,327    
Multi-family CDOs, at fair value 0 0    
Mortgages payable on real estate, net in Consolidated VIEs 397,316 394,707    
Liabilities of disposal group held for sale 896,983 883,812    
Other liabilities 6,149 10,511    
Total Liabilities 1,300,448 1,289,030    
Redeemable non-controlling interest in Consolidated VIEs 54,352 63,803    
Non-controlling interest in Consolidated VIEs 31,309 32,967    
Net investment 319,037 335,527    
VIE, Primary Beneficiary | Residential collateralized debt obligations        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Multi-family CDOs, at fair value 1,390,991 1,468,222    
VIE, Primary Beneficiary | Consolidated SLST CDOs        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Multi-family CDOs, at fair value 638,513 634,495    
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 2,453,856 2,443,696    
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 1,624,703 1,616,114    
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 829,153 827,582    
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 March 31, 2023 and December 31, 2022, assets of consolidated VIEs totaled $4,258,823 and $4,261,097, respectively, and the liabilities of consolidated VIEs totaled $3,340,459 and $3,403,257, respectively. See Note 7 for further discussion.