XML 134 R120.htm IDEA: XBRL DOCUMENT v3.24.0.1
Fair Value - Level III (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Changes in financial assets classified as Level III    
Balance at the beginning of the period $ 51,642,978 $ 60,659,660
Total realized and unrealized gains (losses):    
Change in fair value / gain on sale (7,988,828) (10,144,645)
Net accretion $ 4,661 $ 8,491
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration] Available-for-sale securities Available-for-sale securities
Included in OCI $ (5,603) $ (19,998)
Purchases / Originations 756,522 4,634,722
Sales (711,558) (3,678,671)
Cash repayments / receipts (807,911) (240,677)
Transfers into Level III (2,241,323) (1,592,639)
Transfers out of Level III 1,609,405 194,034
Consolidation of VIEs 722,039 2,551,224
Deconsolidation of VIEs   (728,523)
Balance at the end of the period 42,980,382 51,642,978
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]    
Included in earnings (8,059,346) (10,158,108)
Included in OCI (5,638) (19,592)
Loans at Fair Value    
Changes in financial assets classified as Level III    
Balance at the beginning of the period 2,784,594 2,936,025
Total realized and unrealized gains (losses):    
Change in fair value / gain on sale 62,702 (346,222)
Net accretion 0 0
Included in OCI 0 0
Purchases / Originations 756,522 4,634,722
Sales (710,957) (3,678,671)
Cash repayments / receipts (185,885) (200,728)
Transfers into Level III 27 (86,201)
Transfers out of Level III (61,366) (474,331)
Consolidation of VIEs 0 0
Deconsolidation of VIEs   0
Balance at the end of the period 2,645,637 2,784,594
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]    
Included in earnings 15,853 (368,368)
Included in OCI 0 0
RMBS    
Changes in financial assets classified as Level III    
Balance at the beginning of the period 113,386 143,980
Total realized and unrealized gains (losses):    
Change in fair value / gain on sale 0 0
Net accretion 4,661 8,491
Included in OCI (5,603) (19,998)
Purchases / Originations 0 0
Sales (601) 0
Cash repayments / receipts (9,475) (19,087)
Transfers into Level III 0 0
Transfers out of Level III 0 0
Consolidation of VIEs 0 0
Deconsolidation of VIEs   0
Balance at the end of the period 102,368 113,386
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]    
Included in earnings 4,630 8,157
Included in OCI (5,638) (19,592)
CMBS    
Changes in financial assets classified as Level III    
Balance at the beginning of the period 19,108 22,244
Total realized and unrealized gains (losses):    
Change in fair value / gain on sale 282 (1,674)
Net accretion 0 0
Included in OCI 0 0
Purchases / Originations 0 0
Sales 0 0
Cash repayments / receipts (790) (1,992)
Transfers into Level III 0 0
Transfers out of Level III 0 0
Consolidation of VIEs 0 0
Deconsolidation of VIEs   530
Balance at the end of the period 18,600 19,108
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]    
Included in earnings 282 (1,148)
Included in OCI 0 0
Woodstar Fund investments    
Changes in financial assets classified as Level III    
Balance at the beginning of the period 1,761,002 1,040,309
Total realized and unrealized gains (losses):    
Change in fair value / gain on sale 251,831 720,693
Net accretion 0 0
Included in OCI 0 0
Purchases / Originations 0 0
Sales 0 0
Cash repayments / receipts 0 0
Transfers into Level III 0 0
Transfers out of Level III 0 0
Consolidation of VIEs 0 0
Deconsolidation of VIEs   0
Balance at the end of the period 2,012,833 1,761,002
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]    
Included in earnings 251,831 720,693
Included in OCI 0 0
Domestic servicing rights, at fair value    
Changes in financial assets classified as Level III    
Balance at the beginning of the period 17,790 16,780
Total realized and unrealized gains (losses):    
Change in fair value / gain on sale 1,594 1,010
Net accretion 0 0
Included in OCI 0 0
Purchases / Originations 0 0
Sales 0 0
Cash repayments / receipts 0 0
Transfers into Level III 0 0
Transfers out of Level III 0 0
Consolidation of VIEs 0 0
Deconsolidation of VIEs   0
Balance at the end of the period 19,384 17,790
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]    
Included in earnings 1,594 1,010
Included in OCI 0 0
VIE assets    
Changes in financial assets classified as Level III    
Balance at the beginning of the period 52,453,041 61,280,543
Total realized and unrealized gains (losses):    
Change in fair value / gain on sale (8,790,373) (12,458,814)
Net accretion 0 0
Included in OCI 0 0
Purchases / Originations 0 0
Sales 0 0
Cash repayments / receipts (598,351) 0
Transfers into Level III 0 0
Transfers out of Level III 0 0
Consolidation of VIEs 722,039 4,361,325
Deconsolidation of VIEs   (730,013)
Balance at the end of the period 43,786,356 52,453,041
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]    
Included in earnings (8,818,672) (12,458,814)
Included in OCI 0 0
VIE liabilities    
Changes in financial assets classified as Level III    
Balance at the beginning of the period (5,505,943) (4,780,221)
Total realized and unrealized gains (losses):    
Change in fair value / gain on sale 485,136 1,940,362
Net accretion 0 0
Included in OCI 0 0
Purchases / Originations 0 0
Sales 0 0
Cash repayments / receipts (13,410) (18,870)
Transfers into Level III (2,241,350) (1,506,438)
Transfers out of Level III 1,670,771 668,365
Consolidation of VIEs 0 (1,810,101)
Deconsolidation of VIEs   960
Balance at the end of the period (5,604,796) (5,505,943)
Amount of Unrealized Gains (Losses) Attributable to Assets Still Held [Abstract]    
Included in earnings 485,136 1,940,362
Included in OCI $ 0 $ 0