Consolidated VIEs

12 Months Ended

Dec. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Consolidated VIEs

Consolidated VIEs

As discussed in Note 2, the Company has interests in entities that it has determined to be VIEs. The following table summarizes the assets and liabilities of the Company's consolidated VIEs that are included on the Company's Consolidated Balance Sheet as of December 31, 2021 and 2020. See Note 10 and Note 13 for additional information on the Company's consolidated VIEs.

(In thousands)	December 31, 2021		December 31, 2020
Assets
Cash and cash equivalents	$	9,214	$	701
Restricted cash	175		175
Securities, at fair value	72,840		44,523
Loans, at fair value	2,384,078		1,435,067
Investments in unconsolidated entities, at fair value	36,874		6,345
Real estate owned	24,681		23,598
Investment related receivables	46,621		24,824
Other assets	2,434		2,001
Total Assets	$	2,576,917	$	1,537,234
Liabilities
Repurchase agreements	$	613,314	$	275,019
Other secured borrowings	95,621		51,062
Other secured borrowings, at fair value	984,168		754,921
Interest payable	1,087		776
Accrued expenses and other liabilities	1,579		1,103
Total Liabilities	1,695,769		1,082,881
Total Stockholders' Equity	862,632		430,554
Non-controlling interests	18,516		23,799
Total Equity	881,148		454,353
Total Liabilities and Equity	$	2,576,917	$	1,537,234