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Fair Value of Financial Instruments - Valuation for Level 3 Assets (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2022
USD ($)
securitization
Mar. 31, 2021
USD ($)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance at beginning of period $ 3,935,253 $ 3,471,854
Total (losses)/gains (realized/unrealized)    
Included in earnings (115,934) 4,929
Transfers out (879) (1,684)
Transfers to securitization trust 0  
Funding/Contributions 19,191 161
Paydowns/Distributions (330,853) (197,727)
Sales (320) (6,633)
Purchases 782,477 347,283
Balance at the end of period 4,288,935 3,618,183
Consolidated SLST | VIE, Primary Beneficiary | Residential loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance at beginning of period 1,070,882 1,266,785
Total (losses)/gains (realized/unrealized)    
Included in earnings (67,685) (27,057)
Transfers out 0 0
Transfers to securitization trust 0  
Funding/Contributions 0 0
Paydowns/Distributions (33,344) (28,220)
Sales 0 0
Purchases 0 0
Balance at the end of period 969,853 1,211,508
Residential loans | Residential loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance at beginning of period 1,703,290 1,090,930
Total (losses)/gains (realized/unrealized)    
Included in earnings (24,571) 9,386
Transfers out (90) (989)
Transfers to securitization trust (598,430)  
Funding/Contributions 0 0
Paydowns/Distributions (126,575) (125,646)
Sales (320) (4,257)
Purchases 767,914 347,283
Balance at the end of period $ 1,721,218 1,316,707
Number of securitizations completed | securitization 2  
Residential loans held in securitization trusts | Residential loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance at beginning of period $ 801,429 691,451
Total (losses)/gains (realized/unrealized)    
Included in earnings (33,729) 14,123
Transfers out (789) (695)
Transfers to securitization trust 598,430  
Funding/Contributions 0 0
Paydowns/Distributions (117,548) (24,436)
Sales 0 (2,376)
Purchases 14,563 0
Balance at the end of period 1,262,356 678,067
Multi-family loans | Multi-family loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance at beginning of period 120,021 163,593
Total (losses)/gains (realized/unrealized)    
Included in earnings 3,258 5,077
Transfers out 0 0
Transfers to securitization trust 0  
Funding/Contributions 0 0
Paydowns/Distributions (13,071) (16,834)
Sales 0 0
Purchases 0 0
Balance at the end of period 110,208 151,836
Equity investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance at beginning of period   259,095
Total (losses)/gains (realized/unrealized)    
Included in earnings   3,400
Funding/Contributions   161
Paydowns/Distributions   (2,591)
Equity investments | Equity investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance at beginning of period 239,631 259,095
Total (losses)/gains (realized/unrealized)    
Included in earnings 6,793 3,400
Transfers out 0 0
Transfers to securitization trust 0  
Funding/Contributions 19,191 161
Paydowns/Distributions (40,315) (2,591)
Sales 0 0
Purchases 0 0
Balance at the end of period $ 225,300 $ 260,065