XML 103 R94.htm IDEA: XBRL DOCUMENT v3.23.3
Repurchase Agreements - Borrowings Under Financing Arrangements and Associated Assets Pledged as Collateral (Details) - USD ($)
$ in Thousands
 9 Months Ended 12 Months Ended
Sep. 30, 2023
Dec. 31, 2022
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]    
Outstanding Repurchase Agreements $ 1,490,996 $ 50,077
Value of Assets Pledged 2,993,895 3,525,080
Single Family    
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]    
Value of Assets Pledged 147,400  
Residential Loans    
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]    
Value of Assets Pledged 535,800 867,000
Repurchase agreements    
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]    
Outstanding Repurchase Agreements 1,490,996 50,077
Carrying Value of Repurchase Agreements 1,994,728 737,023
Value of Assets Pledged $ 1,672,262 $ 170,551
Weighted Average Months to Maturity 52 days 9 days
Residential loans    
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]    
Maximum Aggregate Uncommitted Principal Amount $ 2,175,000 $ 2,030,879
Outstanding Repurchase Agreements 505,477 688,487
Net Deferred Finance Costs (1,745) (1,541)
Value of Assets Pledged $ 683,204 $ 867,033
Weighted Average Rate 7.81% 6.65%
Weighted Average Months to Maturity 8 years 2 months 15 days 16 years 8 months 8 days
Residential loans | Repurchase agreements    
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]    
Carrying Value of Repurchase Agreements $ 503,732 $ 686,946
Residential loans | Repurchase Agreement, Non Mark-to Market    
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]    
Outstanding Repurchase Agreements $ 169,700 $ 446,800
Weighted Average Rate 8.09% 6.77%
Weighted Average Months to Maturity 17 years 3 months 7 days 23 years 11 months 15 days