Securitized Mortgage Trusts (Tables)

9 Months Ended

Sep. 30, 2018

Securitized Mortgage Trusts

Schedule of trust assets

	September 30,		December 31,
	2018		2017
Securitized mortgage collateral	$	3,302,192	$	3,662,008
Real estate owned (REO)		9,593		8,542
Total securitized mortgage trust assets	$	3,311,785	$	3,670,550

Schedule of trust liabilities

	September 30,		December 31,
	2018		2017
Securitized mortgage borrowings	$	3,296,242	$	3,653,265

Schedule of changes in fair value of net trust assets, including trust REO losses

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
Change in fair value of net trust assets, excluding REO	$	(666)	$	(4,479)	$	(3,190)	$	(1,906)
(Losses) gains from REO		(649)		2,734		(46)		8,484
Change in fair value of net trust assets, including trust REO gains (losses)	$	(1,315)	$	(1,745)	$	(3,236)	$	6,578