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Fair Value - Level III (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Total realized and unrealized gains (losses):        
Included in earnings: Net accretion     $ 6,123 $ 7,857
Level III        
Changes in financial assets classified as Level III        
Balance at the beginning of the period $ 61,208,764 $ 56,032,952 61,317,478 52,931,064
Total realized and unrealized gains (losses):        
Included in earnings: Change in fair value / gain on sale 2,440,491 152,072 (930,808) 490,578
Included in earnings: Net accretion 2,673 2,535 5,334 5,038
Included in OCI 6,982 (79) (8,066) (466)
Purchases / Originations 140,700 911,938 887,580 1,652,234
Sales (589,694) (367,795) (1,349,380) (932,725)
Issuances   (25,045) (24,376) (58,723)
Cash repayments / receipts (45,191) (50,773) (128,424) (77,165)
Transfers into Level III (655,942) (594,399) (757,207) (1,259,791)
Transfers out of Level III 41,880 294,227 1,132,205 430,819
Consolidations of VIEs 599,935 819,529 3,006,262 3,996,285
Deconsolidations of VIEs   (255,129)   (257,115)
Balance at the end of the period 63,150,598 56,920,033 63,150,598 56,920,033
Amount of total (losses) gains included in earnings attributable to assets still held at period end 2,429,063 137,657 (948,587) 466,726
Amount of total (losses) gains included in OCI attributable to assets still held at period end 6,982   (8,066)  
Level III | Loans held-for-sale        
Changes in financial assets classified as Level III        
Balance at the beginning of the period 1,347,797 841,687 1,436,194 671,282
Total realized and unrealized gains (losses):        
Included in earnings: Change in fair value / gain on sale 34,450 21,891 18,316 33,157
Purchases / Originations 140,700 911,938 887,580 1,652,234
Sales (589,694) (367,045) (1,341,440) (928,747)
Cash repayments / receipts (38,640) (36,073) (106,037) (55,528)
Balance at the end of the period 894,613 1,372,398 894,613 1,372,398
Amount of total (losses) gains included in earnings attributable to assets still held at period end 20,349 5,547 1,589 5,145
Level III | RMBS        
Changes in financial assets classified as Level III        
Balance at the beginning of the period 170,640 204,835 189,576 209,079
Total realized and unrealized gains (losses):        
Included in earnings: Net accretion 2,673 2,535 5,334 5,038
Included in OCI 6,982 (79) (8,066) (466)
Cash repayments / receipts (6,014) (6,417) (12,563) (12,777)
Balance at the end of the period 174,281 200,874 174,281 200,874
Amount of total (losses) gains included in earnings attributable to assets still held at period end 2,673 2,535 5,334 5,038
Amount of total (losses) gains included in OCI attributable to assets still held at period end 6,982   (8,066)  
Level III | CMBS        
Changes in financial assets classified as Level III        
Balance at the beginning of the period 22,435 38,335 25,008 25,228
Total realized and unrealized gains (losses):        
Included in earnings: Change in fair value / gain on sale (351) 1,016 5,387 721
Sales   (750) (7,940) (3,978)
Cash repayments / receipts (193) (5,402) (564) (5,590)
Transfers into Level III       5,350
Deconsolidations of VIEs   1,084   12,552
Balance at the end of the period 21,891 34,283 21,891 34,283
Amount of total (losses) gains included in earnings attributable to assets still held at period end (351) 410 (999) (157)
Level III | Domestic Servicing Rights        
Changes in financial assets classified as Level III        
Balance at the beginning of the period 16,524 19,790 16,917 20,557
Total realized and unrealized gains (losses):        
Included in earnings: Change in fair value / gain on sale (2,569) (916) (2,962) (1,683)
Balance at the end of the period 13,955 18,874 13,955 18,874
Amount of total (losses) gains included in earnings attributable to assets still held at period end (2,569) (916) (2,962) (1,683)
Level III | VIE Assets        
Changes in financial assets classified as Level III        
Balance at the beginning of the period 61,157,805 56,974,864 62,187,175 53,446,364
Total realized and unrealized gains (losses):        
Included in earnings: Change in fair value / gain on sale 2,417,647 126,589 (1,089,145) 420,934
Consolidations of VIEs 599,935 824,070 3,077,357 4,104,135
Deconsolidations of VIEs   (257,917)   (303,827)
Balance at the end of the period 64,175,387 57,667,606 64,175,387 57,667,606
Amount of total (losses) gains included in earnings attributable to assets still held at period end 2,417,647 126,589 (1,089,145) 420,934
Level III | VIE liabilities        
Changes in financial assets classified as Level III        
Balance at the beginning of the period (1,506,437) (2,046,559) (2,537,392) (1,441,446)
Total realized and unrealized gains (losses):        
Included in earnings: Change in fair value / gain on sale (8,686) 3,492 137,596 37,449
Issuances   (25,045) (24,376) (58,723)
Cash repayments / receipts (344) (2,881) (9,260) (3,270)
Transfers into Level III (655,942) (594,399) (757,207) (1,265,141)
Transfers out of Level III 41,880 294,227 1,132,205 430,819
Consolidations of VIEs   (4,541) (71,095) (107,850)
Deconsolidations of VIEs   1,704   34,160
Balance at the end of the period (2,129,529) (2,374,002) (2,129,529) (2,374,002)
Amount of total (losses) gains included in earnings attributable to assets still held at period end $ (8,686) $ 3,492 $ 137,596 $ 37,449