XML 71 R59.htm IDEA: XBRL DOCUMENT v3.20.2
LOANS - Additional Information (Details)
3 Months Ended 9 Months Ended
Sep. 30, 2020
USD ($)
loan
Sep. 30, 2019
USD ($)
Sep. 30, 2020
USD ($)
Sep. 30, 2019
USD ($)
Jan. 01, 2020
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Assets $ 89,192,411,000   $ 89,192,411,000     $ 130,295,081,000 [1]  
Loan loss provision recorded during period (21,993,000) $ 3,504,000 146,084,000 $ 9,207,000      
Allowance for loan loss 168,000,000.0   168,000,000.0     20,100,000  
Commercial Mortgage Loans              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Loan loss provision recorded during period   3,500,000 74,100,000 9,200,000      
Principal balance   7,000,000.0 160,200,000 43,600,000      
Carrying value   $ 0.0 97,000,000.0 30,900,000      
Loans on nonaccrual status 50,600,000   50,600,000     175,200,000  
Unfunded commitments 123,200,000   123,200,000     $ 181,400,000  
Unfunded commitments, expected credit loss $ 6,200,000   $ 6,200,000        
Loans receivable with variable interest rates 94.00%   94.00%     92.00%  
Commercial Mortgage Loans | Extended Maturity              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Allowance for loan loss $ 9,900,000   $ 9,900,000        
Restructuring, carrying value $ 109,500,000   109,500,000        
Number of loans restructured | loan 2            
Commercial Mortgage Loans | Payment Deferral, Forbearance              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Number of loans restructured | loan 1            
Forbearance duration 120 days            
Commercial Mortgage Loans | Impact of adopting CECL              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Allowance for loan loss         $ 7,800,000    
Commercial Mortgage Loans | CECL provision, adjusted balance              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Loan loss provision recorded during period $ (4,900,000)   57,400,000        
Residential Mortgage Loans              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Assets 200,000   200,000     $ 1,600,000,000  
Loans $ 50,000,000.0   $ 50,000,000.0     $ 66,700,000  
Percent of adjustable-rate loans 35.00%   35.00%     36.00%  
Corporate Loans              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Loan loss provision recorded during period $ (5,400,000)   $ 4,500,000 $ 0      
Loans 2,061,878,000   2,061,878,000     $ 2,144,850,000 $ 1,887,182,000
Principal balance 9,700,000   29,300,000        
Carrying value 9,600,000   21,900,000        
Loans on nonaccrual status 12.9   12.9     12,200,000  
Debt 4,800,000   4,800,000        
Allowance for loan losses, writeoffs     11,900,000        
Unfunded commitments 61,300,000   61,300,000     81,200,000  
Unfunded commitments, expected credit loss 700,000   700,000        
Corporate Loans | Impact of adopting CECL              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Allowance for loan loss         $ 29,700,000    
Corporate Loans | CECL provision, adjusted balance              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Loan loss provision recorded during period (11,600,000)   $ 10,100,000        
Minimum              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Senior secured loans, stated maturity (in years)     5 years        
Maximum              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Senior secured loans, stated maturity (in years)     7 years        
First lien loans | Corporate Loans              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Loans 1,320,115,000   $ 1,320,115,000     1,396,140,000 1,346,356,000
Allowance for loan losses, writeoffs     19,600,000        
Second lien loans | Corporate Loans              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Loans 741,763,000   741,763,000     $ 748,710,000 $ 540,826,000
Debt $ 2,800,000   $ 2,800,000        
[1] Derived from the audited consolidated financial statements at December 31, 2019.