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Valuation (Significant Unobservable Inputs Rollforward) (Details) - Level 3 - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance $ 1,094,816  
Assets, Accreted Discounts/Amortized Premiums (40,792)  
Assets, Realized Gain (Loss) (3,380)  
Assets, Change In Net Unrealized Gain/(Loss) 18,989  
Assets, Purchases 1,229,160  
Assets, Sales (603,883)  
Assets, Transfers into Level 3 35,567  
Assets, Transfers out of Level 3 (9,202)  
Assets, Ending Balance 1,721,275 $ 1,094,816
Liabilities, Begining Balance (297,948) (125,105)
Liabilities, Accreted Discounts/Amortized Premiums 0 0
Liabilities, Realized Gain/(Loss) (15) 0
Liabilities, Change In Net Unrealized Gain/(Loss) (938) 758
Liabilities Purchases/Payments 182,306 49,731
Liabilities, Sales/Issuance (478,237) 223,332
Liabilities, Transfers into Level 3 0 0
Liabilities, Transfers out of Level 3 0 0
Liabilities, Ending Balance (594,832) (297,948)
Other secured borrowings, at fair value    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Liabilities, Begining Balance (297,948) (125,105)
Liabilities, Accreted Discounts/Amortized Premiums 0 0
Liabilities, Realized Gain/(Loss) 0 0
Liabilities, Change In Net Unrealized Gain/(Loss) (502) 758
Liabilities, Payments 182,291 49,731
Liabilities, Issuances (478,237) (223,332)
Liabilities, Transfers into Level 3 0 0
Liabilities, Transfers out of Level 3 0 0
Liabilities, Ending Balance (594,396) (297,948)
Change in unrealized gains (losses), liabilities 100 800
Financial Derivatives - Liabilities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Change in unrealized gains (losses), liabilities (400)  
Securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Change in unrealized gain (loss), assets 2,400  
Securities | Agency RMBS    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 7,293  
Assets, Accreted Discounts/Amortized Premiums (3,464)  
Assets, Realized Gain (Loss) (1,787)  
Assets, Change In Net Unrealized Gain/(Loss) 808  
Assets, Purchases 13,818  
Assets, Sales (1,306)  
Assets, Transfers into Level 3 5,370  
Assets, Transfers out of Level 3 (828)  
Assets, Ending Balance 19,904 7,293
Securities | Non-Agency RMBS    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 91,291  
Assets, Accreted Discounts/Amortized Premiums 270  
Assets, Realized Gain (Loss) 5,636  
Assets, Change In Net Unrealized Gain/(Loss) (3,654)  
Assets, Purchases 21,512  
Assets, Sales (33,664)  
Assets, Transfers into Level 3 15,354  
Assets, Transfers out of Level 3 (7,164)  
Assets, Ending Balance 89,581 91,291
Securities | CMBS    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 803  
Assets, Accreted Discounts/Amortized Premiums 16  
Assets, Realized Gain (Loss) 180  
Assets, Change In Net Unrealized Gain/(Loss) (246)  
Assets, Purchases 31,464  
Assets, Sales (5,271)  
Assets, Transfers into Level 3 2,859  
Assets, Transfers out of Level 3 0  
Assets, Ending Balance 29,805 803
Securities | CLOs    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 14,915  
Assets, Accreted Discounts/Amortized Premiums (268)  
Assets, Realized Gain (Loss) (3,190)  
Assets, Change In Net Unrealized Gain/(Loss) 2,329  
Assets, Purchases 25,531  
Assets, Sales (5,112)  
Assets, Transfers into Level 3 11,984  
Assets, Transfers out of Level 3 (1,210)  
Assets, Ending Balance 44,979 14,915
Securities | Asset-backed securities, backed by consumer loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 22,800  
Assets, Accreted Discounts/Amortized Premiums (2,520)  
Assets, Realized Gain (Loss) (891)  
Assets, Change In Net Unrealized Gain/(Loss) 873  
Assets, Purchases 42,137  
Assets, Sales (13,789)  
Assets, Transfers into Level 3 0  
Assets, Transfers out of Level 3 0  
Assets, Ending Balance 48,610 22,800
Securities | Corporate debt securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 6,318  
Assets, Accreted Discounts/Amortized Premiums 22  
Assets, Realized Gain (Loss) (1,341)  
Assets, Change In Net Unrealized Gain/(Loss) 188  
Assets, Purchases 11,024  
Assets, Sales (15,098)  
Assets, Transfers into Level 3 0  
Assets, Transfers out of Level 3 0  
Assets, Ending Balance 1,113 6,318
Securities | Corporate equity securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 1,534  
Assets, Accreted Discounts/Amortized Premiums 0  
Assets, Realized Gain (Loss) (1,807)  
Assets, Change In Net Unrealized Gain/(Loss) 205  
Assets, Purchases 1,462  
Assets, Sales 0  
Assets, Transfers into Level 3 0  
Assets, Transfers out of Level 3 0  
Assets, Ending Balance 1,394 1,534
Investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 1,124,606 658,448
Assets, Accreted Discounts/Amortized Premiums   (32,013)
Assets, Realized Gain (Loss)   16,205
Assets, Change In Net Unrealized Gain/(Loss)   3,821
Assets, Purchases   937,544
Assets, Sales   (438,411)
Assets, Transfers into Level 3   13,649
Assets, Transfers out of Level 3   (34,637)
Assets, Ending Balance   1,124,606
Change in unrealized gain (loss), assets   5,300
Investments | Agency RMBS    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 7,293 6,173
Assets, Accreted Discounts/Amortized Premiums   (2,233)
Assets, Realized Gain (Loss)   (10)
Assets, Change In Net Unrealized Gain/(Loss)   175
Assets, Purchases   2,753
Assets, Sales   (1,169)
Assets, Transfers into Level 3   2,616
Assets, Transfers out of Level 3   (1,012)
Assets, Ending Balance   7,293
Investments | Non-Agency RMBS    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 91,291 101,297
Assets, Accreted Discounts/Amortized Premiums   383
Assets, Realized Gain (Loss)   1,838
Assets, Change In Net Unrealized Gain/(Loss)   (2,135)
Assets, Purchases   75,685
Assets, Sales   (78,487)
Assets, Transfers into Level 3   7,074
Assets, Transfers out of Level 3   (14,364)
Assets, Ending Balance   91,291
Investments | CMBS    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 803 12,347
Assets, Accreted Discounts/Amortized Premiums   (243)
Assets, Realized Gain (Loss)   2,229
Assets, Change In Net Unrealized Gain/(Loss)   2,120
Assets, Purchases   1,481
Assets, Sales   (16,896)
Assets, Transfers into Level 3   0
Assets, Transfers out of Level 3   (235)
Assets, Ending Balance   803
Investments | CLOs    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 14,915 24,911
Assets, Accreted Discounts/Amortized Premiums   (351)
Assets, Realized Gain (Loss)   317
Assets, Change In Net Unrealized Gain/(Loss)   (2,268)
Assets, Purchases   33,549
Assets, Sales   (33,115)
Assets, Transfers into Level 3   3,959
Assets, Transfers out of Level 3   (12,087)
Assets, Ending Balance   14,915
Investments | Corporate debt securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 6,318 23,947
Assets, Accreted Discounts/Amortized Premiums   56
Assets, Realized Gain (Loss)   241
Assets, Change In Net Unrealized Gain/(Loss)   (964)
Assets, Purchases   7,665
Assets, Sales   (17,688)
Assets, Transfers into Level 3   0
Assets, Transfers out of Level 3   (6,939)
Assets, Ending Balance   6,318
Investments | Secured notes    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 10,917 0
Assets, Accreted Discounts/Amortized Premiums   870
Assets, Realized Gain (Loss)   0
Assets, Change In Net Unrealized Gain/(Loss)   (1,221)
Assets, Purchases   11,268
Assets, Sales   0
Assets, Transfers into Level 3   0
Assets, Transfers out of Level 3   0
Assets, Ending Balance   10,917
Investments | Corporate equity securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 43,793 37,465
Assets, Accreted Discounts/Amortized Premiums   0
Assets, Realized Gain (Loss)   1,671
Assets, Change In Net Unrealized Gain/(Loss)   8,299
Assets, Purchases   12,708
Assets, Sales   (16,350)
Assets, Transfers into Level 3   0
Assets, Transfers out of Level 3   0
Assets, Ending Balance   43,793
Investments | Residential mortgage loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 496,830 182,472
Assets, Accreted Discounts/Amortized Premiums   (1,965)
Assets, Realized Gain (Loss)   1,011
Assets, Change In Net Unrealized Gain/(Loss)   (34)
Assets, Purchases   402,235
Assets, Sales   (86,889)
Assets, Transfers into Level 3   0
Assets, Transfers out of Level 3   0
Assets, Ending Balance   496,830
Investments | Commercial mortgage loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance   108,301
Assets, Accreted Discounts/Amortized Premiums   790
Assets, Realized Gain (Loss)   1,146
Assets, Change In Net Unrealized Gain/(Loss)   1,944
Assets, Purchases   149,053
Assets, Sales   (50,049)
Assets, Transfers into Level 3   0
Assets, Transfers out of Level 3   0
Investments | Consumer loans and asset-backed securities backed by consumer loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 206,761 135,258
Assets, Accreted Discounts/Amortized Premiums   (29,320)
Assets, Realized Gain (Loss)   8,415
Assets, Change In Net Unrealized Gain/(Loss)   (1,092)
Assets, Purchases   228,354
Assets, Sales   (134,854)
Assets, Transfers into Level 3   0
Assets, Transfers out of Level 3   0
Assets, Ending Balance   206,761
Investments | Real estate owned    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 34,500 26,277
Assets, Accreted Discounts/Amortized Premiums   0
Assets, Realized Gain (Loss)   (653)
Assets, Change In Net Unrealized Gain/(Loss)   (1,003)
Assets, Purchases   12,793
Assets, Sales   (2,914)
Assets, Transfers into Level 3   0
Assets, Transfers out of Level 3   0
Assets, Ending Balance   34,500
Loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Change in unrealized gain (loss), assets 11,500  
Loans | Residential mortgage loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 496,830  
Assets, Accreted Discounts/Amortized Premiums (6,081)  
Assets, Realized Gain (Loss) 1,466  
Assets, Change In Net Unrealized Gain/(Loss) 8,800  
Assets, Purchases 661,813  
Assets, Sales (230,625)  
Assets, Transfers into Level 3 0  
Assets, Transfers out of Level 3 0  
Assets, Ending Balance 932,203 496,830
Loans | Commercial mortgage loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 195,301  
Assets, Accreted Discounts/Amortized Premiums (282)  
Assets, Realized Gain (Loss) 2,412  
Assets, Change In Net Unrealized Gain/(Loss) (2,083)  
Assets, Purchases 175,689  
Assets, Sales (96,278)  
Assets, Transfers into Level 3 0  
Assets, Transfers out of Level 3 0  
Assets, Ending Balance 274,759 195,301
Loans | Consumer loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 183,961  
Assets, Accreted Discounts/Amortized Premiums (28,521)  
Assets, Realized Gain (Loss) (6,291)  
Assets, Change In Net Unrealized Gain/(Loss) 3,000  
Assets, Purchases 183,994  
Assets, Sales (149,189)  
Assets, Transfers into Level 3 0  
Assets, Transfers out of Level 3 0  
Assets, Ending Balance 186,954 183,961
Loans | Corporate loan [Member]    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 0  
Assets, Accreted Discounts/Amortized Premiums 36  
Assets, Realized Gain (Loss) 0  
Assets, Change In Net Unrealized Gain/(Loss) (36)  
Assets, Purchases 18,510  
Assets, Sales 0  
Assets, Transfers into Level 3 0  
Assets, Transfers out of Level 3 0  
Assets, Ending Balance 18,510 0
Investment in unconsolidated entities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 72,298  
Assets, Accreted Discounts/Amortized Premiums 0  
Assets, Realized Gain (Loss) 1,545  
Assets, Change In Net Unrealized Gain/(Loss) 8,664  
Assets, Purchases 42,173  
Assets, Sales (52,830)  
Assets, Transfers into Level 3 0  
Assets, Transfers out of Level 3 0  
Assets, Ending Balance 71,850 72,298
Change in unrealized gain (loss), assets 5,200  
Financial Derivatives - Assets    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 1,472 3,140
Assets, Accreted Discounts/Amortized Premiums   0
Assets, Realized Gain (Loss)   (687)
Assets, Change In Net Unrealized Gain/(Loss)   715
Assets, Purchases   102
Assets, Sales   (1,798)
Assets, Transfers into Level 3   0
Assets, Transfers out of Level 3   0
Assets, Ending Balance   1,472
Change in unrealized gain (loss), assets 100 (600)
Financial Derivatives - Assets | Total return swaps    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 0  
Assets, Accreted Discounts/Amortized Premiums 0  
Assets, Realized Gain (Loss) 160  
Assets, Change In Net Unrealized Gain/(Loss) 620  
Assets, Purchases 0  
Assets, Sales (160)  
Assets, Transfers into Level 3 0  
Assets, Transfers out of Level 3 0  
Assets, Ending Balance 620 0
Financial Derivatives - Assets | Credit default swaps on asset-backed securities    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 1,472 3,140
Assets, Accreted Discounts/Amortized Premiums 0 0
Assets, Realized Gain (Loss) 528 (687)
Assets, Change In Net Unrealized Gain/(Loss) (479) 715
Assets, Purchases 33 102
Assets, Sales (561) (1,798)
Assets, Transfers into Level 3 0 0
Assets, Transfers out of Level 3 0 0
Assets, Ending Balance 993 1,472
Financial Derivatives - Liabilities | Total return swaps    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Liabilities, Begining Balance 0  
Liabilities, Accreted Discounts/Amortized Premiums 0  
Liabilities, Realized Gain/(Loss) (15)  
Liabilities, Change In Net Unrealized Gain/(Loss) (436)  
Liabilities, Payments 15  
Liabilities, Issuances 0  
Liabilities, Transfers into Level 3 0  
Liabilities, Transfers out of Level 3 0  
Liabilities, Ending Balance (436) 0
Previous Accounting Guidance [Member]    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance 1,126,078 661,588
Assets, Accreted Discounts/Amortized Premiums   (32,013)
Assets, Realized Gain (Loss)   15,518
Assets, Change In Net Unrealized Gain/(Loss)   4,536
Assets, Purchases   937,646
Assets, Sales   (440,209)
Assets, Transfers into Level 3   13,649
Assets, Transfers out of Level 3   (34,637)
Assets, Ending Balance   1,126,078
Previous Accounting Guidance [Member] | Investments | Commercial mortgage loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Assets, Beginning Balance $ 211,185  
Assets, Ending Balance   $ 211,185