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Valuation (Significant Unobservable Inputs Rollforward) (Details) - Level 3 - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance $ 1,744,583 $ 1,233,319 $ 1,721,275 $ 1,094,815
Assets, Accreted Discounts/Amortized Premiums (12,017) (8,631) (22,172) (19,524)
Assets, Realized Gain (Loss) (15,955) (258) (9,138) (2,591)
Assets, Change In Net Unrealized Gain/(Loss) 33,602 8,221 (59,126) 12,231
Assets, Purchases 126,648 200,759 572,618 496,611
Assets, Sales 142,750 110,689 (421,684) (274,911)
Assets, Transfers into Level 3 169,618 15,320 130,091 24,384
Assets, Transfers out of Level 3 18,879 13,450 (27,014) (6,424)
Assets, Ending Balance 1,884,850 1,324,591 1,884,850 1,324,591
Liabilities, Begining Balance 550,507 (282,124) (594,832) (297,948)
Liabilities, Accreted Discounts/Amortized Premiums 0 0 0 0
Liabilities, Realized Gain/(Loss) (536) 0 (504) 0
Liabilities, Change In Net Unrealized Gain/(Loss) (719) (17) (1,098) 40
Liabilities Purchases/Payments 42,047 25,861 86,761 41,628
Liabilities, Sales/Issuance 233,050 (219,536) (233,092) (219,536)
Liabilities, Transfers into Level 3 0 0 0 0
Liabilities, Transfers out of Level 3 0 0 0 0
Liabilities, Ending Balance (742,765) (475,816) (742,765) (475,816)
Other secured borrowings, at fair value        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Liabilities, Begining Balance 549,668 (282,124) (594,396) (297,948)
Liabilities, Accreted Discounts/Amortized Premiums 0 0 0 0
Liabilities, Realized Gain/(Loss) 0 0 0 0
Liabilities, Change In Net Unrealized Gain/(Loss) (1,481) (17) (1,457) 40
Liabilities, Payments 41,553 25,861 86,257 41,628
Liabilities, Issuances 233,092 (219,536) (233,092) (219,536)
Liabilities, Transfers into Level 3 0 0 0 0
Liabilities, Transfers out of Level 3 0 0 0 0
Liabilities, Ending Balance (742,688) (475,816) (742,688) (475,816)
Change in unrealized gains (losses), liabilities (1,500) (17) (1,500) 40
Financial Derivatives - Liabilities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Change in unrealized gains (losses), liabilities 800   (100)  
Securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Change in unrealized gain (loss), assets 9,300 5,700 (87,800) 6,100
Securities | Agency RMBS        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 20,981 6,389 19,904 7,293
Assets, Accreted Discounts/Amortized Premiums (1,525) (676) (3,245) (1,449)
Assets, Realized Gain (Loss) (1) (450) (2) (1,075)
Assets, Change In Net Unrealized Gain/(Loss) (592) 349 2,163 642
Assets, Purchases 3,448 1,594 5,660 1,600
Assets, Sales 0 236 0 (236)
Assets, Transfers into Level 3 393 4,889 411 5,596
Assets, Transfers out of Level 3 9,797 825 (11,984) (1,337)
Assets, Ending Balance 12,907 11,034 12,907 11,034
Securities | Non-Agency RMBS        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 94,197 94,670 89,581 91,291
Assets, Accreted Discounts/Amortized Premiums 413 108 510 195
Assets, Realized Gain (Loss) 444 (384) 406 (650)
Assets, Change In Net Unrealized Gain/(Loss) 3,282 2,909 (7,809) 2,358
Assets, Purchases 26,811 2,050 62,724 17,595
Assets, Sales 10,744 3,294 (27,817) (20,220)
Assets, Transfers into Level 3 20,959 6,366 15,281 11,308
Assets, Transfers out of Level 3 6,755 5,635 (4,269) (5,087)
Assets, Ending Balance 128,607 96,790 128,607 96,790
Securities | CMBS        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 20,276 5,137 29,805 803
Assets, Accreted Discounts/Amortized Premiums 187 25 433 (23)
Assets, Realized Gain (Loss) (2,253) 50 (867) 0
Assets, Change In Net Unrealized Gain/(Loss) 3,199 363 (8,279) (7)
Assets, Purchases 2,966 0 40,235 0
Assets, Sales 3,750 374 (32,289) 0
Assets, Transfers into Level 3 47,397 1,077 44,886 5,505
Assets, Transfers out of Level 3 2,327 0 8,229 0
Assets, Ending Balance 65,695 6,278 65,695 6,278
Securities | CLOs        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 43,804 21,438 44,979 14,915
Assets, Accreted Discounts/Amortized Premiums (236) 165 (41) (483)
Assets, Realized Gain (Loss) (12,850) (1,151) (7,518) (1,676)
Assets, Change In Net Unrealized Gain/(Loss) 4,806 772 (28,099) 1,660
Assets, Purchases 73 0 61,933 831
Assets, Sales 0 0 (1,769) 0
Assets, Transfers into Level 3 100,869 2,988 69,513 1,975
Assets, Transfers out of Level 3 0 6,990 (2,532) 0
Assets, Ending Balance 136,466 17,222 136,466 17,222
Securities | Asset-backed securities, backed by consumer loans        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 54,627 24,108 48,610 22,800
Assets, Accreted Discounts/Amortized Premiums (1,104) (360) (2,148) (969)
Assets, Realized Gain (Loss) (46) (152) (196) (665)
Assets, Change In Net Unrealized Gain/(Loss) (306) 95 (2,666) 857
Assets, Purchases 1,274 4,610 17,545 9,551
Assets, Sales 6,504 3,282 (13,204) (6,555)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 47,941 25,019 47,941 25,019
Securities | Corporate debt securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 610 5,737 1,113 6,318
Assets, Accreted Discounts/Amortized Premiums 0 6 0 22
Assets, Realized Gain (Loss) 208 (345) 208 (345)
Assets, Change In Net Unrealized Gain/(Loss) 578 (1) 483 (78)
Assets, Purchases 3,411 2,449 3,421 2,832
Assets, Sales 2,856 3,765 (3,274) (4,668)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 1,951 4,081 1,951 4,081
Securities | Corporate equity securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 712 1,469 1,394 1,534
Assets, Accreted Discounts/Amortized Premiums 0 0 0 0
Assets, Realized Gain (Loss) 7 (142) 7 (142)
Assets, Change In Net Unrealized Gain/(Loss) 319 464 (668) 399
Assets, Purchases 58 0 363 0
Assets, Sales 12 0 (12) 0
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 1,084 1,791 1,084 1,791
Loans        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Change in unrealized gain (loss), assets 16,300 3,800 (14,100) 6,000
Loans | Residential mortgage loans        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 939,372 583,252 932,203 496,829
Assets, Accreted Discounts/Amortized Premiums (1,948) (1,347) (2,406) (2,274)
Assets, Realized Gain (Loss) (781) 2,089 (576) 1,954
Assets, Change In Net Unrealized Gain/(Loss) 15,660 2,257 (8,663) 4,158
Assets, Purchases 70,163 103,844 201,233 261,446
Assets, Sales 74,019 26,215 (173,344) (98,233)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 948,447 663,880 948,447 663,880
Loans | Commercial mortgage loans        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 303,300 239,623 274,759 195,301
Assets, Accreted Discounts/Amortized Premiums 97 834 96 1,139
Assets, Realized Gain (Loss) (761) 1,413 99 1,414
Assets, Change In Net Unrealized Gain/(Loss) 195 (2,018) (134) (2,352)
Assets, Purchases 1,159 47,555 88,727 96,412
Assets, Sales 8,494 27,373 (68,051) (31,880)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 295,496 260,034 295,496 260,034
Loans | Consumer loans        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 194,803 192,115 186,954 183,961
Assets, Accreted Discounts/Amortized Premiums (7,901) (7,386) (15,371) (15,958)
Assets, Realized Gain (Loss) (11) (1,455) 15 (3,510)
Assets, Change In Net Unrealized Gain/(Loss) 413 857 (5,338) 2,699
Assets, Purchases 15,218 16,626 76,318 70,882
Assets, Sales 35,841 38,148 (75,897) (75,465)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 166,681 162,609 166,681 162,609
Loans | Corporate loan [Member]        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 6,114 0 18,510 0
Assets, Accreted Discounts/Amortized Premiums 0 0 0 0
Assets, Realized Gain (Loss) 0 0 0 0
Assets, Change In Net Unrealized Gain/(Loss) 0 0 0 0
Assets, Purchases 113 5,000 217 5,000
Assets, Sales 0 0 (12,500) 0
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 6,227 5,000 6,227 5,000
Investment in unconsolidated entities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 65,397 58,148 71,850 72,298
Assets, Accreted Discounts/Amortized Premiums 0 0 0 276
Assets, Realized Gain (Loss) 0 124 0 1,684
Assets, Change In Net Unrealized Gain/(Loss) 5,643 2,230 (854) 2,190
Assets, Purchases 1,933 17,026 14,216 30,454
Assets, Sales 420 7,852 (12,659) (37,226)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 72,553 69,676 72,553 69,676
Change in unrealized gain (loss), assets 5,500 2,000 (1,100) (200)
Financial Derivatives - Assets        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Change in unrealized gain (loss), assets 400 (56) 900 (300)
Financial Derivatives - Assets | Total return swaps        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Assets, Beginning Balance 37 0 620 0
Assets, Accreted Discounts/Amortized Premiums 0 0 0 0
Assets, Realized Gain (Loss) 51 17 242 17
Assets, Change In Net Unrealized Gain/(Loss) 405 87 (178) 87
Assets, Purchases 0 0 0 0
Assets, Sales 51 17 (242) (17)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 442 87 442 87
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 353 1,233 993 1,472
Assets, Accreted Discounts/Amortized Premiums 0 0 0 0
Assets, Realized Gain (Loss) 38 128 (956) 403
Assets, Change In Net Unrealized Gain/(Loss) 0 (143) 916 (382)
Assets, Purchases 21 5 26 8
Assets, Sales 59 133 (626) (411)
Assets, Transfers into Level 3 0 0 0 0
Assets, Transfers out of Level 3 0 0 0 0
Assets, Ending Balance 353 $ 1,090 353 $ 1,090
Financial Derivatives - Liabilities | Total return swaps        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Liabilities, Begining Balance 839   (436)  
Liabilities, Accreted Discounts/Amortized Premiums 0   0  
Liabilities, Realized Gain/(Loss) (536)   (504)  
Liabilities, Change In Net Unrealized Gain/(Loss) 762   359  
Liabilities, Payments 494   504  
Liabilities, Issuances (42)   0  
Liabilities, Transfers into Level 3 0   0  
Liabilities, Transfers out of Level 3 0   0  
Liabilities, Ending Balance $ (77)   $ (77)