Securitized Debt (Tables)

3 Months Ended

Mar. 31, 2020

The following table presents the par value of the callable debt by year at March 31, 2020.



March 31, 2020
(dollars in thousands)
Year	Principal
2020	3,352,884
2021	2,698,398
2022	1,009,753
2023	415,633
Total	$	7,476,668

Non-Agency RMBS

Debt Instrument [Line Items]

Schedule of maturities of long-term debt

The following table presents the estimated principal repayment schedule of the securitized debt collateralized by Non-Agency RMBS at March 31, 2020 and December 31, 2019, based on expected cash flows of the residential mortgage loans or RMBS, as adjusted for projected losses on the underlying collateral of the debt. All of the securitized debt recorded in the Company’s Consolidated Statements of Financial Condition is non-recourse to the Company.



	March 31, 2020		December 31, 2019
	(dollars in thousands)
Within One Year	$	15,131	$	18,826
One to Three Years	16,149		18,332
Three to Five Years	5,056		4,453
Greater Than Five Years	461		665
Total	$	36,797	$	42,276

Loans held for investment

Debt Instrument [Line Items]

Schedule of maturities of long-term debt

The following table presents the estimated principal repayment schedule of the securitized debt collateralized by loans held for investment at March 31, 2020 and December 31, 2019, based on expected cash flows of the residential mortgage loans or RMBS, as adjusted for projected losses on the underlying collateral of the debt. All of the securitized debt recorded in the Company’s Consolidated Statements of Financial Condition is non-recourse to the Company.



	March 31, 2020		December 31, 2019
	(dollars in thousands)
Within One Year	$	1,647,041	$	1,582,646
One to Three Years	2,663,326		2,563,699
Three to Five Years	1,815,521		1,791,756
Greater Than Five Years	2,290,166		2,129,460
Total	$	8,416,054	$	8,067,561