Borrowings (Tables)

12 Months Ended

Dec. 31, 2019

The following tables summarize certain characteristics of our borrowings at December 31, 2019 and 2018. Refer to Note 7 - “Collateral Positions” for collateral pledged and held under our repurchase agreements and secured loans.



$ in thousands	December 31, 2019
	Amount Outstanding	Period-end Weighted Average Interest Rate		Weighted Average Remaining Maturity (Days)
Repurchase Agreements:
Agency RMBS	9,666,964	1.95	%	46
Agency CMBS	4,246,359	1.95	%	43
Non-Agency CMBS	2,041,968	2.71	%	14
Non-Agency RMBS	790,412	2.65	%	16
GSE CRT	753,110	2.70	%	13
Loan Participation Interest	33,490	3.22	%	240
Total Repurchase Agreements	17,532,303	2.11	%	39
Secured Loans	1,650,000	1.93	%	1587
Total Borrowings	19,182,303	2.09	%	172



$ in thousands	December 31, 2018
	Amount Outstanding	Period-end Weighted Average Interest Rate		Weighted Average Remaining Maturity (Days)
Repurchase Agreements:
Agency RMBS	9,529,352	2.56	%	36
Agency CMBS	810,450	2.53	%	31
Non-Agency CMBS	1,616,473	3.56	%	19
Non-Agency RMBS	923,959	3.60	%	26
GSE CRT	681,014	3.48	%	21
Loan Participation Interest	41,236	4.09	%	605
Total Repurchase Agreements	13,602,484	2.80	%	34
Secured Loans	1,650,000	2.68	%	1952
Total Borrowings	15,252,484	2.79	%	242

Schedule of Maturities of Outstanding Borrowings

The following table shows the aggregate amount of maturities of our outstanding borrowings:



	As of
$ in thousands	December 31, 2019
2020	17,832,303
2021	100,000
2022	—
2023	—
2024	—
2025	1,250,000
Total	19,182,303