Consolidated VIEs

3 Months Ended

Mar. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Consolidated VIEs

Consolidated VIEsAs 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 March 31, 2023 and December 31, 2022. See Note 12 and Note 15 for additional information on the Company's consolidated VIEs.

(In thousands)	March 31, 2023		December 31, 2022
Assets
Cash and cash equivalents	$	11,623	$	2,444
Securities, at fair value	72,200		73,644
Loans, at fair value	3,402,949		3,524,685
Investments in unconsolidated entities, at fair value	61,131		68,574
Real estate owned	21,400		21,121
Investment related receivables	27,684		21,893
Other assets	1,321		1,577
Total Assets	$	3,598,308	$	3,713,938
Liabilities
Repurchase agreements	$	1,227,769	$	1,333,098
Other secured borrowings	34,281		37,812
Other secured borrowings, at fair value	1,534,592		1,539,881
Interest payable	2,566		2,012
Accrued expenses and other liabilities	1,321		1,460
Total Liabilities	2,800,529		2,914,263
Total Stockholders' Equity	787,846		789,625
Non-controlling interests	9,933		10,050
Total Equity	797,779		799,675
Total Liabilities and Equity	$	3,598,308	$	3,713,938