Other Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2019

Text Block [Abstract]

Summary of Components of Other Assets

The following table details the components of our other assets ($ in thousands):

	June 30, 2019		December 31, 2018
Debt securities held-to-maturity(1)	$	94,595	$	96,167
Accrued interest receivable		51,065		56,679
Loan portfolio payments held by servicer(2)		43,236		6,133
Derivative assets		14,000		9,916
Prepaid expenses		278		647
Prepaid taxes		3		6
Other		324		965
Total	$	203,501	$	170,513
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(1)	Represents the subordinate risk retention interest in the $1.0 billion 2018 Single Asset Securitization, with a yield to full maturity of L+10.0% and a maximum maturity date of June 9, 2025, assuming all extension options are exercised by the borrower. Refer to Note 16 for additional discussion.
(2)	Represents loan principal and interest payments held by our third-party loan servicer as of the balance sheet date which were remitted to us during the subsequent remittance cycle.

Summary of Components of Other Liabilities

The following table details the components of our other liabilities ($ in thousands):

	June 30, 2019		December 31, 2018
Accrued dividends payable	$	83,259	$	76,530
Accrued interest payable		25,933		25,588
Accrued management and incentive fees payable		20,984		18,586
Accounts payable and other liabilities		5,631		4,583
Derivative liabilities		4,968		2,925
Total	$	140,775	$	128,212