Securitized Mortgage Trusts (Tables)

3 Months Ended

Mar. 31, 2020

Securitized Mortgage Trusts

Schedule of securitized mortgage trust assets

	March 31,		December 31,
	2020		2019
Securitized mortgage collateral, at fair value	$	2,248,813	$	2,628,064
REO, at net realizable value (NRV)		4,510		6,682
Total securitized mortgage trust assets	$	2,253,323	$	2,634,746

Schedule of securitized mortgage trust liabilities

	March 31,		December 31,
	2020		2019
Securitized mortgage borrowings	$	2,238,208	$	2,619,210

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

	For the Three Months Ended
	March 31,
	2020		2019
Change in fair value of net trust assets, excluding REO	$	(4,096)	$	(6,156)
Gains from REO		1,713		3,473
Change in fair value of net trust assets, including trust REO gains	$	(2,383)	$	(2,683)