Consolidated VIEs

6 Months Ended

Jun. 30, 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 June 30, 2023 and December 31, 2022. See Note 12 and Note 15 for additional information on the Company's consolidated VIEs.

(In thousands)	June 30, 2023		December 31, 2022
Assets
Cash and cash equivalents	$	187	$	2,444
Securities, at fair value	77,138		73,644
Loans, at fair value	3,350,525		3,524,685
Investments in unconsolidated entities, at fair value	62,555		68,574
Real estate owned	10,590		21,121
Investment related receivables	31,933		21,893
Other assets	1,090		1,577
Total Assets	$	3,534,018	$	3,713,938
Liabilities
Repurchase agreements	$	1,242,040	$	1,333,098
Other secured borrowings	32,214		37,812
Other secured borrowings, at fair value	1,472,368		1,539,881
Interest payable	1,612		2,012
Accrued expenses and other liabilities	1,068		1,460
Total Liabilities	2,749,302		2,914,263
Total Stockholders' Equity	777,281		789,625
Non-controlling interests	7,435		10,050
Total Equity	784,716		799,675
Total Liabilities and Equity	$	3,534,018	$	3,713,938