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Investment Securities (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Investment Securities      
Investment securities $ 736,658 $ 810,238  
Credit Loss Allowance 5,675    
Purchases 22,408 98,258 $ 492,400
Acquisition of Infrastructure Lending Portfolio     65,060
Sales 7,940 7,326 16,427
Principal collections 83,533 205,660 382,924
VIE eliminations      
Investment Securities      
Purchases (331,784) (351,220) (385,463)
Sales (165,494) (184,540) (102,474)
Principal collections (69,447) (45,642) (95,030)
Redemptions   (10,474)  
Before consolidation of securitization VIEs      
Investment Securities      
Investment securities 2,162,228 2,215,275  
Fair value option | VIE eliminations      
Investment Securities      
Investment securities (1,425,570) (1,405,037)  
Held-to-maturity      
Investment Securities      
Credit Loss Allowance 5,675 0  
Purchases 22,408 91,162 463,810
Acquisition of Infrastructure Lending Portfolio     65,060
Principal collections 52,704 167,383 327,207
Held-to-maturity | Before consolidation of securitization VIEs      
Investment Securities      
Investment securities 538,605 570,638  
RMBS | Available-for-sale      
Investment Securities      
Sales     13,264
Principal collections 26,000 26,929 34,763
Purchase Amortized Cost 123,292 138,580  
Recorded Amortized Cost 123,292 138,580  
Gross Unrealized Gains 44,123 51,310  
Gross Unrealized Losses (66) (314)  
Net Fair Value Adjustment 44,057 50,996  
Fair Value 167,349 189,576  
Portion of securities with variable rate $ 144,900    
Portion of securities with variable rate (as a percent) 86.60%    
Cost of third party management $ 800 1,500 1,800
Proceeds from sale of securities $ 0 0 13,300
Realized gain on sale of securities     3,500
RMBS | Available-for-sale | One-month LIBOR      
Investment Securities      
Effective variable rate basis (as a percent) 0.144%    
RMBS | Available-for-sale | B+      
Investment Securities      
Weighted Average Coupon (as a percent) 1.30%    
WAL (Years) 5 years 8 months 12 days    
RMBS | Available-for-sale | Before consolidation of securitization VIEs      
Investment Securities      
Investment securities $ 167,349 189,576  
RMBS | Fair value option      
Investment Securities      
Purchases 282,368 120,103 90,982
Sales 135,567 41,501  
Principal collections 44,197 16,500 1,439
Redemptions 10,500 10,474  
Portion of securities with variable rate 0    
RMBS | Fair value option | Before consolidation of securitization VIEs      
Investment Securities      
Investment securities 235,997 147,034  
CMBS      
Investment Securities      
Amount not rated 179,500 186,600  
CMBS | Fair value option      
Investment Securities      
Purchases 49,416 238,213 323,071
Sales 37,867 150,365 105,637
Principal collections 30,079 40,490 $ 114,545
Portion of securities with variable rate 96,900    
CMBS | Fair value option | Before consolidation of securitization VIEs      
Investment Securities      
Investment securities 1,209,030 1,295,363  
Equity security | Fair value option | Before consolidation of securitization VIEs      
Investment Securities      
Investment securities 11,247 $ 12,664  
Infrastructure bonds      
Investment Securities      
Credit Loss Allowance $ 2,926