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Variable Interest Entities - Income and Expense Amounts Related to the Consolidated VIE (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Variable Interest Entity [Line Items]        
Interest income $ 23,900 $ 30,148 $ 71,403 $ 86,959
Interest expense, non-recourse liabilities (16,490) (18,408) (50,742) (41,849)
NET INTEREST INCOME 7,410 11,740 20,661 45,110
VIE - Primary Beneficiary        
Variable Interest Entity [Line Items]        
Interest income 15,733 12,759 41,213 34,646
Interest expense, non-recourse liabilities (10,956) (6,983) (26,121) (17,245)
NET INTEREST INCOME 4,777 5,776 15,092 17,401
Net unrealized gain (loss) on mortgage loans in securitization trusts - at fair value (16,863) (73,178) (9,404) (152,931)
Unrealized gain (loss) on mark-to-market of non-recourse securitization obligation - at fair value 22,183 34,357 3,620 67,030
Securitization costs (416) (1,115) (2,326) (3,405)
Realized losses and operating expenses (967) (247) (2,163) (695)
Net gain/(loss) from consolidated VIEs $ 8,714 $ (34,407) $ 4,819 $ (72,600)