Loan Securitization/Sale Activities (Tables)

6 Months Ended

Jun. 30, 2020

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


	Commercial Loans				Residential Loans
	Face Amount		Proceeds		Face Amount		Proceeds
For the Three Months Ended June 30,
2020	$	—	$	—	$	583,501	$	589,693
2019		345,221		365,377		—		—
For the Six Months Ended June 30,
2020	$	335,835	$	352,393	$	964,780	$	988,440
2019		524,632		552,218		340,211		352,012

Commercial and Residential Lending Segment

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



	Loan Transfers Accounted for as Sales
	Commercial				Residential
	Face Amount (1)		Proceeds (1)		Face Amount		Proceeds
For the Three Months Ended June 30,
2020	$	399,132	$	396,078	$	—	$	—
2019		102,681		102,141		1,635		1,653
For the Six Months Ended June 30,
2020	$	399,132	$	396,078	$	550	$	604
2019		501,422		498,451		23,842		24,517

(1)

During both the three and six months ended June 30, 2020, we sold $230.9 million and $168.2 million of senior interests in first mortgage loans and whole loan interests, respectively, for proceeds of $224.1 million and $172.0 million, respectively. During the three and six months ended June 30, 2019, all sales were of senior interests in first mortgage loans.