Loan Securitization/Sale Activities (Tables)

6 Months Ended

Jun. 30, 2017

Summary of fair value and par value of loans sold and amount of sale proceeds used in part to repay the outstanding balance of the repurchase agreements associated with the loans

The following summarizes the fair value and par value of loans sold from our conduit platform, as well as the amount of sale proceeds used in part to repay the outstanding balance of the repurchase agreements associated with these loans for the three and six months ended June 30, 2017 and 2016 (amounts in thousands):

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
	2017		2016		2017		2016
Fair value of loans sold	$	291,182	$	218,369	$	470,478	$	475,333
Par value of loans sold		272,293		204,960		440,857		456,862
Repayment of repurchase agreements		206,461		153,574		332,979		342,781

Lending Segment

Summary of loans sold and loans transferred as secured borrowings by the Lending segment net of expenses

The following table summarizes our loans sold and loans transferred as secured borrowings by the Lending Segment net of expenses (amounts in thousands):

					Loan Transfers
	Loan Transfers Accounted				Accounted for as Secured
	for as Sales				Borrowings
	Face Amount		Proceeds		Face Amount		Proceeds
For the Three Months Ended June 30,
2017	$	—	$	—	$	—	$	—
2016		23,977		23,394		—		—
For the Six Months Ended June 30,
2017	$	38,750	$	37,079	$	—	$	—
2016		122,514		121,276		—		—