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Securitized Debt (Tables)
6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
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, 2023 and December 31, 2022, 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, 2023December 31, 2022
 (dollars in thousands)
Within One Year$410 $640 
One to Three Years409 523 
Three to Five Years71 
Greater Than Five Years80 92 
Total$901 $1,326 
The following table presents the estimated principal repayment schedule of the securitized debt collateralized by Loans held for investment at June 30, 2023 and December 31, 2022, 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, 2023December 31, 2022
 (dollars in thousands)
Within One Year$1,625,450 $1,636,544 
One to Three Years2,608,877 2,535,642 
Three to Five Years1,913,618 1,733,022 
Greater Than Five Years2,690,324 1,949,240 
Total$8,838,269 $7,854,448 
Schedule of Callable Debt The following table presents the par value of the callable debt by year as of June 30, 2023, excluding any debt issued by the Company where the Company only has a clean-up call.
June 30, 2023
(dollars in thousands)
YearPrincipal
Currently callable$1,667,153 
2023521,399 
20241,279,521 
20252,646,612 
2026628,808 
2027796,160 
2028642,482 
Total$8,182,135