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Segment Reporting (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
Segment Reporting [Abstract]                    
Income Tax Expense (Benefit) $ 224     $ (81) [1]     $ 328 $ (14,867) [1]    
Segment Reporting Information [Line Items]                    
Interest income 96,216     78,592 [1]     271,482 192,388 [1]    
Interest expense (68,702)     (42,080) [1]     (191,752) (82,121) [1]    
Noninterest Income 26,220     (26,348) [1]     112,559 (121,398) [1]    
Operating Expenses 39,452     14,463 [1]     119,986 47,132 [1]    
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 14,282     (4,299) [1]     72,303 (58,263) [1]    
Earnings (losses) from investments in unconsolidated entities (978)     (25,513) [1]     (3,403) (54,284) [1]    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 13,080 $ 10,739 $ 44,753 (29,731) [1] $ (61,451) $ (6,498) 68,572 (97,680) [1]    
Net income (loss) attributable to non-controlling interests 509     (264) [1]     3,090 (1,075) [1]    
Dividends on preferred stock 5,980     3,823 [1]     17,077 11,468 [1]    
Net income (loss) attributable to common stockholders 6,591     (33,290) [1]     48,405 (108,073) [1]    
Depreciation 149           859      
Total Assets 14,445,041           14,445,041   $ 14,085,886  
Liabilities 13,107,624           13,107,624   12,865,000  
Total Equity 1,337,417 $ 1,344,657 $ 1,374,763 1,180,629 $ 1,234,455 $ 1,322,938 1,337,417 1,180,629 1,220,886 $ 1,323,556
Longbridge Segment                    
Segment Reporting [Abstract]                    
Income Tax Expense (Benefit) 0           0      
Segment Reporting Information [Line Items]                    
Interest income 5,190           11,862      
Interest expense (7,540)           (18,003)      
Noninterest Income 31,752           95,779      
Operating Expenses 25,319           76,583      
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 4,083           13,055      
Earnings (losses) from investments in unconsolidated entities 0           0      
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 4,083           13,055      
Net income (loss) attributable to non-controlling interests (12)           (35)      
Dividends on preferred stock 0           0      
Net income (loss) attributable to common stockholders 4,095           13,090      
Depreciation 149           859      
Total Assets 8,822,286           8,822,286   8,227,509  
Liabilities 8,565,506           8,565,506   8,092,313  
Total Equity 256,780           256,780   135,196  
Investment Portfolio Segment                    
Segment Reporting [Abstract]                    
Income Tax Expense (Benefit) 0     0     0 0    
Segment Reporting Information [Line Items]                    
Interest income 89,445     77,887     254,932 191,329    
Interest expense (58,045)     (38,121)     (164,388) (72,432)    
Noninterest Income (11,969)     (24,514)     12,314 (118,832)    
Operating Expenses 3,771     7,120     11,140 20,187    
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 15,660     8,132     91,718 (20,122)    
Earnings (losses) from investments in unconsolidated entities (978)     (25,513)     (3,403) (54,284)    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 14,682     (17,381)     88,315 (74,406)    
Net income (loss) attributable to non-controlling interests 438     156     2,522 287    
Dividends on preferred stock 0     0     0 0    
Net income (loss) attributable to common stockholders 14,244     (17,537)     85,793 (74,693)    
Depreciation 0           0      
Total Assets 5,443,151           5,443,151   5,635,657  
Liabilities 4,246,945           4,246,945   4,499,669  
Total Equity 1,196,206           1,196,206   1,135,988  
Corporate and Other                    
Segment Reporting [Abstract]                    
Income Tax Expense (Benefit) 224     (81)     328 (14,867)    
Segment Reporting Information [Line Items]                    
Interest income 1,581     705     4,688 1,059    
Interest expense (3,117)     (3,959)     (9,361) (9,689)    
Noninterest Income 6,437     (1,834)     4,466 (2,566)    
Operating Expenses 10,362     7,343     32,263 26,945    
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest (5,461)     (12,431)     (32,470) (38,141)    
Earnings (losses) from investments in unconsolidated entities 0     0     0 0    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (5,685)     (12,350)     (32,798) (23,274)    
Net income (loss) attributable to non-controlling interests 83     (420)     603 (1,362)    
Dividends on preferred stock 5,980     3,823     17,077 11,468    
Net income (loss) attributable to common stockholders (11,748)     $ (15,753)     (50,478) $ (33,380)    
Depreciation 0           0      
Total Assets 179,604           179,604   222,720  
Liabilities 295,173           295,173   273,018  
Total Equity $ (115,569)           $ (115,569)   $ (50,298)  
[1] Conformed to current period presentation.