Other Assets and Other Liabilities

3 Months Ended

Mar. 31, 2022

Other Assets

The following table presents the components of the Company's other assets as of March 31, 2022 and December 31, 2021, respectively (dollar amounts in thousands):


	March 31, 2022		December 31, 2021
Restricted cash (1)	$	100,250	$	48,259
Lease intangibles, net in consolidated multi-family properties	41,759		39,769
Accrued interest receivable	31,623		26,688
Collections receivable from residential loan servicers	22,786		28,634
Other assets in consolidated multi-family properties	19,295		21,668
Other receivables (2)	13,089		14,507
Recoverable advances on residential loans	12,804		14,143
Operating lease right-of-use assets	8,722		9,011
Deferred tax assets	5,694		6,282
Real estate owned	2,908		2,055
Other	9,512		4,003
Total	$	268,442	$	215,019

(1)Restricted cash represents cash held by third parties, including cash held by the Company's securitization trusts, and includes $2.1 million and $8.1 million in consolidated multi-family properties as of March 31, 2022 and December 31, 2021, respectively.

(2)Other receivables includes $2.2 million and $1.3 million of other receivables in consolidated multi-family properties as of March 31, 2022 and December 31, 2021, respectively.

Other Liabilities

The following table presents the components of the Company's other liabilities as of March 31, 2022 and December 31, 2021, respectively (dollar amounts in thousands):


	March 31, 2022		December 31, 2021
Advanced remittances from residential loan servicers	$	59,360	$	16,603
Dividends and dividend equivalents payable	49,007		48,328
Accrued expenses and other liabilities in consolidated multi-family properties	17,643		22,583
Unfunded commitments for residential loans	15,260		21,364
Deferred revenue	13,642		13,019
Operating lease liabilities	9,291		9,584
Accrued expenses	8,517		13,408
Accrued interest payable	8,125		9,051
Deferred tax liabilities	6,004		6,681
Other	1,132		460
Total	$	187,981	$	161,081