XML 75 R60.htm IDEA: XBRL DOCUMENT v3.6.0.2
Loans - Ratings (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2016
USD ($)
loan
Dec. 31, 2015
USD ($)
Investments in loans    
Total gross loans $ 5,956,062 $ 6,269,546
Total gross loans (as a percent) 100.00% 100.00%
Number of impaired individual mortgage loans held-for-investment | loan 0  
Amount of loan impairment charges on individual loans held-for-investment $ 0  
Rating 1    
Investments in loans    
Total gross loans $ 921 $ 664
Rating 1 | Maximum    
Investments in loans    
LTV (as a percent) 65.00%  
Rating 2    
Investments in loans    
Total gross loans $ 1,349,603 $ 675,678
Total gross loans (as a percent) 22.60% 10.80%
Rating 2 | Maximum    
Investments in loans    
LTV (as a percent) 70.00%  
Rating 3    
Investments in loans    
Total gross loans $ 4,025,809 $ 4,987,459
Total gross loans (as a percent) 67.60% 79.60%
Rating 3 | Maximum    
Investments in loans    
LTV (as a percent) 80.00%  
Rating 4    
Investments in loans    
Total gross loans $ 458,133 $ 401,880
Total gross loans (as a percent) 7.70% 6.40%
Allowance for loan losses as a percent of carrying amount 1.50%  
Rating 4 | Minimum    
Investments in loans    
LTV (as a percent) 80.00%  
Rating 4 | Maximum    
Investments in loans    
LTV (as a percent) 90.00%  
Rating 5    
Investments in loans    
Total gross loans $ 58,317  
Total gross loans (as a percent) 1.00%  
Allowance for loan losses as a percent of carrying amount 5.00%  
Rating 5 | Minimum    
Investments in loans    
LTV (as a percent) 90.00%  
N/A    
Investments in loans    
Total gross loans $ 63,279 $ 203,865
Total gross loans (as a percent) 1.10% 3.20%
First Mortgages, excluding Cost Recovery Loans | Investment and Servicing Segment    
Investments in loans    
Carrying amount of loans 90 days or more past due $ 151,000  
Mezzanine Loans | Investment and Servicing Segment    
Investments in loans    
Carrying amount of loans 90 days or more past due 58,100  
Total loans held-for-investment    
Investments in loans    
Total gross loans 5,857,783 $ 5,979,108
Total loans held-for-investment | First Mortgages, excluding Cost Recovery Loans    
Investments in loans    
Total gross loans 4,865,994 4,723,852
Total loans held-for-investment | First Mortgages, excluding Cost Recovery Loans | Rating 1    
Investments in loans    
Total gross loans 921 664
Total loans held-for-investment | First Mortgages, excluding Cost Recovery Loans | Rating 2    
Investments in loans    
Total gross loans 1,092,731 496,372
Total loans held-for-investment | First Mortgages, excluding Cost Recovery Loans | Rating 3    
Investments in loans    
Total gross loans 3,348,874 3,979,247
Total loans held-for-investment | First Mortgages, excluding Cost Recovery Loans | Rating 4    
Investments in loans    
Total gross loans 365,151 247,569
Total loans held-for-investment | First Mortgages, excluding Cost Recovery Loans | Rating 5    
Investments in loans    
Total gross loans 58,317  
Total loans held-for-investment | Subordinated mortgages    
Investments in loans    
Total gross loans 278,032 392,563
Total loans held-for-investment | Subordinated mortgages | Rating 2    
Investments in loans    
Total gross loans 27,069 88,857
Total loans held-for-investment | Subordinated mortgages | Rating 3    
Investments in loans    
Total gross loans 250,963 270,435
Total loans held-for-investment | Subordinated mortgages | Rating 4    
Investments in loans    
Total gross loans   33,271
Total loans held-for-investment | Mezzanine Loans    
Investments in loans    
Total gross loans 713,757 862,693
Total loans held-for-investment | Mezzanine Loans | Rating 2    
Investments in loans    
Total gross loans 194,803 90,449
Total loans held-for-investment | Mezzanine Loans | Rating 3    
Investments in loans    
Total gross loans 425,972 651,204
Total loans held-for-investment | Mezzanine Loans | Rating 4    
Investments in loans    
Total gross loans 92,982 121,040
Loans held-for-sale    
Investments in loans    
Total gross loans 63,279 203,865
Loans held-for-sale | N/A    
Investments in loans    
Total gross loans 63,279 203,865
Loans transferred as secured borrowings    
Investments in loans    
Total gross loans 35,000 86,573
Loans transferred as secured borrowings | Rating 2    
Investments in loans    
Total gross loans $ 35,000  
Loans transferred as secured borrowings | Rating 3    
Investments in loans    
Total gross loans   $ 86,573