Other Liabilities (Tables)

12 Months Ended

Dec. 31, 2018

Other Liabilities [Abstract]

Other Liabilities

The following table presents the components of the Company’s Other liabilities at December 31, 2018 and 2017:

(In Thousands)	December 31, 2018		December 31, 2017
Securitized debt (1)	$	684,420	$	363,944
Obligation to return securities held as collateral, at fair value	—		504,062
Senior Notes	96,816		96,773
Dividends and dividend equivalents payable	90,198		79,771
Accrued interest payable	16,280		12,263
Payable for unsettled residential whole loans purchases	211,129		—
Accrued expenses and other	26,296		21,584
Total Other Liabilities	$	1,125,139	$	1,078,397

(1) Securitized debt represents third-party liabilities of consolidated VIEs and excludes liabilities of the VIEs acquired by the Company that are eliminated in consolidation. The third-party beneficial interest holders in the VIEs have no recourse to the general credit of the Company. (See Notes 10 and 15 for further discussion.)