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Other Assets and Liabilities
 9 Months Ended
Sep. 30, 2024
Other Assets And Liabilities Disclosure [Abstract]  
Other Assets and Liabilities OTHER ASSETS AND LIABILITIES
Other Assets
The following table details the components of our other assets ($ in thousands):
 September 30, 2024December 31, 2023
Accrued interest receivable$176,049 $214,835 
Loan portfolio payments held by servicer(1)
131,347 152,423 
Collateral deposited under derivative agreements49,080 103,500 
Real estate intangible assets, net18,602 — 
Accounts receivable and other assets8,157 2,420 
Derivative assets7,026 1,890 
Prepaid expenses646 1,020 
Total$390,907 $476,088 
(1)Primarily represents loan principal held by our third-party loan servicer as of the balance sheet date that were remitted to us during the subsequent remittance cycle.
Other Liabilities
The following table details the components of our other liabilities ($ in thousands):
 September 30, 2024December 31, 2023
Secured debt repayments pending servicer remittance(1)
$105,078 $13,526 
Accrued dividends payable81,306 107,390 
Accrued interest payable74,168 97,820 
Derivative liabilities50,256 94,817 
Accrued management and incentive fees payable18,605 26,342 
Current expected credit loss reserves for unfunded loan commitments(2)
8,307 15,371 
Accounts payable and other liabilities8,662 7,265 
Total$346,382 $362,531 
(1)Represents pending transfers from our third-party loan servicer that were remitted to our banking counterparties during the subsequent remittance cycle.
(2)Represents the CECL reserve related to our unfunded loan commitments. See Note 2 for further discussion of the CECL reserves.
Current Expected Credit Loss Reserves for Unfunded Loan Commitments
As of September 30, 2024, we had aggregate unfunded commitments of $1.6 billion related to 76 loans receivable. The expected credit losses over the contractual period of our loans is impacted by our obligation to extend further credit through our unfunded loan commitments. See Note 2 for further discussion of the CECL reserves related to our unfunded loan commitments, and Note 21 for further discussion of our unfunded loan commitments. During the three and nine months ended September 30, 2024, we recorded decreases in the CECL reserves related to our unfunded loan commitments of $1.6 million and $7.1 million, respectively, bringing our total unfunded loan commitments CECL reserve to $8.3 million as of September 30, 2024. During the three months ended September 30, 2023, we recorded an increase in the CECL reserves related to our unfunded loan commitments of $2.6 million, and for the nine months ended September 30, 2023, we recorded a decrease in the CECL reserves related to our unfunded loan commitments of $2.8 million, bringing our total unfunded loan commitments CECL reserve to $13.6 million as of September 30, 2023.