XML 72 R52.htm IDEA: XBRL DOCUMENT v3.22.4
Loans Receivable, Net - Property Type and Geographic Distribution of Properties Securing Loans in Portfolio (Detail)
$ in Thousands
Dec. 31, 2022
USD ($)
SecurityLoan
Dec. 31, 2021
USD ($)
SecurityLoan
Dec. 31, 2020
USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 203 188  
Net Book Value $ 25,017,880 $ 22,003,017 $ 16,572,715
CECL reserve (326,137) (124,679) $ (173,549)
Loans receivable, net 24,691,743 21,878,338  
Total Loan Exposure $ 26,810,281 $ 23,669,111  
Percentage of Portfolio 100.00% 100.00%  
Total loan exposure including senior interests $ 1,600,000 $ 1,500,000  
2018 Single Asset Securitization      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total loan amount, securitized   $ 379,300  
Subtotal      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 160 156  
Net Book Value $ 16,699,006 $ 15,357,571  
Total Loan Exposure $ 18,431,661 $ 16,706,378  
Percentage of Portfolio 69.00% 71.00%  
Sunbelt      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 75 71  
Net Book Value $ 6,538,034 $ 5,907,230  
Total Loan Exposure $ 6,802,928 $ 6,206,216  
Percentage of Portfolio 26.00% 26.00%  
Northeast      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 36 37  
Net Book Value $ 5,339,874 $ 4,615,076  
Total Loan Exposure $ 5,666,968 $ 4,934,295  
Percentage of Portfolio 21.00% 21.00%  
West      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 33 33  
Net Book Value $ 3,515,517 $ 3,520,942  
Total Loan Exposure $ 4,547,946 $ 4,199,208  
Percentage of Portfolio 17.00% 18.00%  
Midwest      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 10 10  
Net Book Value $ 987,718 $ 1,063,202  
Total Loan Exposure $ 1,091,882 $ 1,113,959  
Percentage of Portfolio 4.00% 5.00%  
Northwest      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 6 5  
Net Book Value $ 317,863 $ 251,121  
Total Loan Exposure $ 321,937 $ 252,700  
Percentage of Portfolio 1.00% 1.00%  
Subtotal      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 43 32  
Net Book Value $ 8,318,874 $ 6,645,446  
Total Loan Exposure $ 8,378,620 $ 6,962,733  
Percentage of Portfolio 31.00% 29.00%  
United Kingdom      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 23 17  
Net Book Value $ 3,362,629 $ 2,342,146  
Total Loan Exposure $ 3,393,126 $ 2,598,033  
Percentage of Portfolio 13.00% 11.00%  
Australia      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 5 4  
Net Book Value $ 1,405,601 $ 504,668  
Total Loan Exposure $ 1,417,318 $ 509,885  
Percentage of Portfolio 5.00% 2.00%  
Spain      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 4 4  
Net Book Value $ 1,237,446 $ 1,374,364  
Total Loan Exposure $ 1,241,808 $ 1,380,763  
Percentage of Portfolio 5.00% 6.00%  
Ireland      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 3 1  
Net Book Value $ 1,192,220 $ 1,210,375  
Total Loan Exposure $ 1,199,406 $ 1,216,864  
Percentage of Portfolio 4.00% 5.00%  
Sweden      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 1 1  
Net Book Value $ 473,374 $ 546,319  
Total Loan Exposure $ 476,673 $ 551,149  
Percentage of Portfolio 2.00% 2.00%  
Canada      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 1 2  
Net Book Value $ 49,409 $ 68,558  
Total Loan Exposure $ 49,432 $ 68,478  
Percentage of Portfolio 0.00% 0.00%  
Other Europe      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 6 3  
Net Book Value $ 598,195 $ 599,016  
Total Loan Exposure $ 600,857 $ 637,561  
Percentage of Portfolio 2.00% 3.00%  
Office      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 64 65  
Net Book Value $ 9,441,622 $ 9,473,039  
Total Loan Exposure $ 10,593,584 $ 10,425,026  
Percentage of Portfolio 40.00% 44.00%  
Multifamily      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 80 75  
Net Book Value $ 6,214,123 $ 5,721,260  
Total Loan Exposure $ 6,330,153 $ 5,771,517  
Percentage of Portfolio 24.00% 24.00%  
Hospitality      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 30 25  
Net Book Value $ 4,879,314 $ 3,427,245  
Total Loan Exposure $ 4,908,583 $ 3,540,391  
Percentage of Portfolio 18.00% 15.00%  
Industrial      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 12 6  
Net Book Value $ 2,140,636 $ 1,102,452  
Total Loan Exposure $ 2,236,716 $ 1,185,606  
Percentage of Portfolio 8.00% 5.00%  
Retail      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 9 8  
Net Book Value $ 1,098,315 $ 871,241  
Total Loan Exposure $ 1,141,932 $ 909,970  
Percentage of Portfolio 4.00% 4.00%  
Other      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | SecurityLoan 8 9  
Net Book Value $ 1,243,870 $ 1,407,780  
Total Loan Exposure $ 1,599,313 $ 1,836,601  
Percentage of Portfolio 6.00% 8.00%