Securitized Debt (Tables)

6 Months Ended

Jun. 30, 2020

The following table presents the par value of the callable debt by year at June 30, 2020.



June 30, 2020
(dollars in thousands)
Year	Principal
2020	3,201,993
2021	2,559,613
2022	1,510,154
2023	403,236
Total	$	7,674,996

Non-Agency RMBS

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, 2020 and December 31, 2019, 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, 2020		December 31, 2019
	(dollars in thousands)
Within One Year	$	15,541	$	18,826
One to Three Years	15,522		18,332
Three to Five Years	3,032		4,453
Greater Than Five Years	451		665
Total	$	34,546	$	42,276

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, 2020 and December 31, 2019, 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, 2020		December 31, 2019
	(dollars in thousands)
Within One Year	$	1,647,991	$	1,582,646
One to Three Years	2,688,204		2,563,699
Three to Five Years	1,856,959		1,791,756
Greater Than Five Years	2,451,374		2,129,460
Total	$	8,644,528	$	8,067,561