Other Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2024

Other Assets And Liabilities Disclosure [Abstract]

Summary of Components of Other Assets

The following table details the components of our other assets ($ in thousands):

	June 30, 2024		December 31, 2023
Accrued interest receivable	$	196,814	$	214,835
Collateral deposited under derivative agreements	15,904		103,500
Accounts receivable and other assets	7,549		2,420
Derivative assets	4,878		1,890
Prepaid expenses	650		1,020
Loan portfolio payments held by servicer(1)	—		152,423
Total	$	225,795	$	476,088

(1)Primarily represents loan principal held by our third-party loan servicer as of the balance sheet date which were remitted to us during the subsequent remittance cycle.

Summary of Components of Other Liabilities

The following table details the components of our other liabilities ($ in thousands):

	June 30, 2024		December 31, 2023
Accrued dividends payable	$	107,644	$	107,390
Accrued interest payable	90,223		97,820
Derivative liabilities	24,395		94,817
Accrued management and incentive fees payable	18,726		26,342
Current expected credit loss reserves for unfunded loan commitments(1)	9,946		15,371
Accounts payable and other liabilities	6,365		7,265
Secured debt repayments pending servicer remittance(2)	—		13,526
Total	$	257,299	$	362,531

(1)Represents the CECL reserve related to our unfunded loan commitments. See Note 2 for further discussion of the CECL reserves.

(2)Represents pending transfers from our third-party loan servicer that were remitted to our banking counterparties during the subsequent remittance cycle.