Consolidated VIEs

6 Months Ended

Jun. 30, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Consolidated VIEs

Consolidated VIEs

As discussed in Note 2, the Company has interests in entities that it has determined to be VIEs. The following table summarizes the assets and liabilities of the Company's consolidated VIEs that are included on the Company's Consolidated Balance Sheet as of June 30, 2022 and December 31, 2021. See Note 10 and Note 13 for additional information on the Company's consolidated VIEs.

(In thousands)	June 30, 2022		December 31, 2021
Assets
Cash and cash equivalents	$	1,105	$	9,214
Restricted cash	—		175
Securities, at fair value	78,166		72,840
Loans, at fair value	3,474,285		2,384,078
Investments in unconsolidated entities, at fair value	65,019		36,874
Real estate owned	20,866		24,681
Investment related receivables	26,137		46,621
Other assets	2,149		2,434
Total Assets	$	3,667,727	$	2,576,917
Liabilities
Repurchase agreements	$	1,238,420	$	613,314
Other secured borrowings	45,455		95,621
Other secured borrowings, at fair value	1,448,182		984,168
Interest payable	2,082		1,087
Accrued expenses and other liabilities	836		1,579
Total Liabilities	2,734,975		1,695,769
Total Stockholders' Equity	919,149		862,632
Non-controlling interests	13,603		18,516
Total Equity	932,752		881,148
Total Liabilities and Equity	$	3,667,727	$	2,576,917