XML 75 R65.htm IDEA: XBRL DOCUMENT v3.23.3
Investment Securities - Narrative (Details)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2023
USD ($)
security
shares
Sep. 30, 2022
USD ($)
Sep. 30, 2023
USD ($)
security
shares
Sep. 30, 2022
USD ($)
Dec. 31, 2012
shares
Dec. 31, 2022
USD ($)
security
Debt Securities, Available-for-sale [Line Items]            
Cost of third party management $ 200,000 $ 200,000 $ 600,000 $ 800,000    
Number of securities with unrealized losses | security 14   14     10
Credit loss allowance $ 12,994,000   $ 12,994,000     $ 3,182,000
Amortized Cost Basis $ 604,942,000   $ 604,942,000     676,652,000
SEREF            
Debt Securities, Available-for-sale [Line Items]            
Number of shares acquired (in shares) | shares         9,140,000  
Number of shares redeemed (in shares) | shares 672,166   895,182      
Proceeds from shares redeemed $ 900,000   $ 1,200,000      
Remaining held (in shares) | shares 8,244,818   8,244,818      
Equity security, fair value $ 8,800,000   $ 8,800,000     9,800,000
Ownership percentage     2.00%      
Fair Value Option            
Debt Securities, Available-for-sale [Line Items]            
Fair value of mortgage backed securities 1,700,000,000   $ 1,700,000,000      
VIE eliminations            
Debt Securities, Available-for-sale [Line Items]            
Fair value of investment securities before consolidation of VIEs eliminated against VIE liabilities 18,700,000   18,700,000      
RMBS            
Debt Securities, Available-for-sale [Line Items]            
Portion of securities with variable rate $ 91,100,000   $ 91,100,000      
RMBS | Available-for-sale            
Debt Securities, Available-for-sale [Line Items]            
Portion of securities with variable rate (as a percent) 89.00%   89.00%      
RMBS | Fair Value Option            
Debt Securities, Available-for-sale [Line Items]            
Portion of securities with variable rate $ 0   $ 0      
Fair value of investment securities before consolidation of VIEs 451,200,000   451,200,000      
Unpaid principal balance of investment securities before consolidation of VIEs 326,300,000   326,300,000      
CMBS            
Debt Securities, Available-for-sale [Line Items]            
Credit loss allowance 492,000   492,000     172,000
Amortized Cost Basis 569,867,000   569,867,000     577,681,000
CMBS | Fair Value Option            
Debt Securities, Available-for-sale [Line Items]            
Portion of securities with variable rate 102,900,000   102,900,000      
Fair value of investment securities before consolidation of VIEs 1,200,000,000   1,200,000,000      
Unpaid principal balance of investment securities before consolidation of VIEs 2,800,000,000   2,800,000,000      
Infrastructure bonds            
Debt Securities, Available-for-sale [Line Items]            
Credit loss allowance 10,082,000   10,082,000     3,010,000
Amortized Cost Basis 29,664,000   29,664,000     $ 69,214,000
Infrastructure bonds | Credit deteriorated | Infrastructure Portfolio Segment | Choctaw, Mississippi            
Debt Securities, Available-for-sale [Line Items]            
Credit loss allowance 7,200,000   7,200,000      
Allowance for credit loss to date 10,000,000   10,000,000      
Amortized Cost Basis $ 19,200,000   $ 19,200,000