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Net Interest Income | 6 Months Ended
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Jun. 30, 2023
Banking and Thrift, Interest [Abstract] |
Net Interest Income | 21. Net Interest Income The following table details the components of the Company's interest income and interest expense for the three and six months ended June 30, 2023 and 2022, respectively (dollar amounts in thousands):
| For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Interest income |  |  |  |  |  |  |
Residential loans |  |  |  |  |  |  |
Residential loans | $ | 12,290 |  |  | $ | 32,669 |  |  | $ | 29,244 |  |  | $ | 57,502 |
Consolidated SLST | 8,440 |  |  | 9,254 |  |  | 17,173 |  |  | 18,635 |
Residential loans held in securitization trusts | 25,136 |  |  | 18,853 |  |  | 49,857 |  |  | 35,486 |
Total residential loans | 45,866 |  |  | 60,776 |  |  | 96,274 |  |  | 111,623 |
Multi-family loans | 2,742 |  |  | 2,834 |  |  | 5,179 |  |  | 5,785 |
Investment securities available for sale | 7,491 |  |  | 4,331 |  |  | 10,659 |  |  | 9,006 |
Other | 1,441 |  |  | 79 |  |  | 2,564 |  |  | 107 |
Total interest income | 57,540 |  |  | 68,020 |  |  | 114,676 |  |  | 126,521 |
Interest expense |  |  |  |  |  |  |
Repurchase agreements | 16,847 |  |  | 11,647 |  |  | 29,915 |  |  | 17,178 |
Collateralized debt obligations |  |  |  |  |  |  |
Consolidated SLST | 5,966 |  |  | 6,208 |  |  | 12,280 |  |  | 12,186 |
Residential loan securitizations | 16,950 |  |  | 8,728 |  |  | 34,327 |  |  | 16,185 |
Total collateralized debt obligations | 22,916 |  |  | 14,936 |  |  | 46,607 |  |  | 28,371 |
Convertible notes | — |  |  | — |  |  | — |  |  | 438 |
Senior unsecured notes | 1,618 |  |  | 1,607 |  |  | 3,232 |  |  | 3,210 |
Subordinated debentures | 1,023 |  |  | 550 |  |  | 1,985 |  |  | 1,008 |
Total interest expense | 42,404 |  |  | 28,740 |  |  | 81,739 |  |  | 50,205 |
Net interest income | $ | 15,136 |  |  | $ | 39,280 |  |  | $ | 32,937 |  |  | $ | 76,316 |

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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 -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.1-12) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1 + Details
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