XML 131 R122.htm IDEA: XBRL DOCUMENT v3.23.2
Net Interest Income - Schedule of Components of Interest Income and Interest Expense (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Interest income $ 57,540 $ 68,020 $ 114,676 $ 126,521
Interest expense 42,404 28,740 81,739 50,205
Total net interest income 15,136 39,280 32,937 76,316
Convertible notes        
Interest expense 0 0 0 438
Senior unsecured notes        
Senior unsecured notes 1,618 1,607 3,232 3,210
Subordinated debentures        
Subordinated debentures 1,023 550 1,985 1,008
Residential loans        
Interest income 12,290 32,669 29,244 57,502
Consolidated SLST | VIE, Primary Beneficiary        
Interest income 8,440 9,254 17,173 18,635
Interest expense 5,966 6,208 12,280 12,186
Residential loans held in securitization trusts        
Interest income 25,136 18,853 49,857 35,486
Total residential loans        
Interest income 45,866 60,776 96,274 111,623
Multi-family loans        
Interest income 2,742 2,834 5,179 5,785
Investment securities available for sale        
Investment securities available for sale 7,491 4,331 10,659 9,006
Other        
Other 1,441 79 2,564 107
Repurchase agreements        
Interest expense 16,847 11,647 29,915 17,178
Residential loans        
Interest expense 16,950 8,728 34,327 16,185
Total collateralized debt obligations        
Interest expense $ 22,916 $ 14,936 $ 46,607 $ 28,371