Securitized Debt (Tables)

6 Months Ended

Jun. 30, 2018

The following table presents the par value of the callable debt by year at June 30, 2018.



June 30, 2018
(dollars in thousands)
Year	Principal
2018	$	560,814
2019	360,602
2020	4,621,456
2021	3,197,192
2022	300,973
2023	142,144
Total	$	9,183,181

Non-agency MBS

Debt Instrument [Line Items]

Schedule of maturities of long-term debt

The following table presents the estimated principal repayment schedule of the securitized debt collateralized by Non-Agency RMBS at June 30, 2018 and December 31, 2017, based on expected cash flows of the residential mortgage loans or RMBS, as adjusted for projected losses on the underlying collateral of the debt. All of the securitized debt recorded in the Company’s Consolidated Statements of Financial Condition is non-recourse to the Company.



	June 30, 2018		December 31, 2017
	(dollars in thousands)
Within One Year	$	30,923	$	42,217
One to Three Years	37,753		45,916
Three to Five Years	11,461		16,524
Greater Than Five Years	5,600		4,867
Total	$	85,737	$	109,524

Loans held for investment

Debt Instrument [Line Items]

Schedule of maturities of long-term debt

The following table presents the estimated principal repayment schedule of the securitized debt collateralized by loans held for investment at June 30, 2018 and December 31, 2017, based on expected cash flows of the residential mortgage loans or RMBS, as adjusted for projected losses on the underlying collateral of the debt. All of the securitized debt recorded in the Company’s Consolidated Statements of Financial Condition is non-recourse to the Company.



	June 30, 2018		December 31, 2017
	(dollars in thousands)
Within One Year	$	1,785,710	$	1,819,018
One to Three Years	2,818,626		2,872,572
Three to Five Years	2,110,377		2,140,434
Greater Than Five Years	2,493,804		2,439,872
Total	$	9,208,517	$	9,271,896