XML 90 R79.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Secured Borrowings - Collateralized Loan Obligations (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2024
USD ($)
security
Dec. 31, 2023
USD ($)
security
Feb. 28, 2022
USD ($)
Jan. 31, 2022
USD ($)
May 31, 2021
USD ($)
Apr. 30, 2021
USD ($)
Aug. 31, 2019
USD ($)
Summary of CLO              
Carrying Value $ 3,223,867 $ 3,491,292          
Collateral assets              
Summary of CLO              
Face Amount 3,864,515 4,226,614          
Carrying Value 4,023,888 4,288,770          
Financing              
Summary of CLO              
Face Amount 3,231,326 3,500,163          
Carrying Value $ 3,223,867 $ 3,491,292          
STWD 2022-FL3              
Summary of CLO              
Face Amount     $ 1,000,000        
STWD 2022-FL3 | Collateral assets              
Summary of CLO              
Count | security 46 48          
Face Amount $ 1,000,000 $ 997,569          
Carrying Value $ 1,007,284 $ 1,007,532          
STWD 2022-FL3 | Collateral assets | SOFR              
Summary of CLO              
Weighted Average Spread 3.49% 3.53%          
STWD 2022-FL3 | Financing              
Summary of CLO              
Count | security 1 1          
Face Amount $ 840,620 $ 840,620          
Carrying Value $ 837,805 $ 837,881          
STWD 2022-FL3 | Financing | SOFR              
Summary of CLO              
Weighted Average Spread 1.89% 1.89%          
STWD 2021-HTS | Collateral assets              
Summary of CLO              
Count | security 1 1          
Face Amount $ 210,181 $ 223,193          
Carrying Value $ 216,750 $ 224,509          
STWD 2021-HTS | Collateral assets | SOFR              
Summary of CLO              
Weighted Average Spread 4.02% 3.87%          
STWD 2021-HTS | Financing              
Summary of CLO              
Count | security 1 1          
Face Amount $ 195,576 $ 203,284          
Carrying Value $ 195,576 $ 203,058          
STWD 2021-HTS | Financing | SOFR              
Summary of CLO              
Weighted Average Spread 2.42% 2.82%          
STWD 2021-FL2              
Summary of CLO              
Face Amount         $ 1,300,000    
Percent of outstanding loan 7.00%            
Debt, weighted average interest rate 7.39%            
STWD 2021-FL2 | Collateral assets              
Summary of CLO              
Count | security 31 34          
Face Amount $ 1,206,319 $ 1,272,585          
Carrying Value $ 1,216,834 $ 1,288,165          
STWD 2021-FL2 | Collateral assets | SOFR              
Summary of CLO              
Weighted Average Spread 3.81% 3.95%          
STWD 2021-FL2 | Financing              
Summary of CLO              
Count | security 1 1          
Face Amount $ 988,749 $ 1,065,713          
Carrying Value $ 987,167 $ 1,063,454          
STWD 2021-FL2 | Financing | SOFR              
Summary of CLO              
Weighted Average Spread 1.89% 1.85%          
STWD 2019-FL1              
Summary of CLO              
Face Amount             $ 1,100,000
STWD 2019-FL1 | Collateral assets              
Summary of CLO              
Count | security 10 14          
Face Amount $ 550,006 $ 734,099          
Carrying Value $ 553,096 $ 739,684          
STWD 2019-FL1 | Collateral assets | SOFR              
Summary of CLO              
Weighted Average Spread 3.58% 3.51%          
STWD 2019-FL1 | Financing              
Summary of CLO              
Count | security 1 1          
Face Amount $ 386,381 $ 570,546          
Carrying Value $ 386,380 $ 570,546          
STWD 2019-FL1 | Financing | SOFR              
Summary of CLO              
Weighted Average Spread 1.83% 1.62%          
STWD 2021-SIF2              
Summary of CLO              
Face Amount       $ 500,000      
STWD 2021-SIF2 | Collateral assets              
Summary of CLO              
Count | security 28 30          
Face Amount $ 458,687 $ 499,401          
Carrying Value $ 514,678 $ 514,286          
STWD 2021-SIF2 | Collateral assets | SOFR              
Summary of CLO              
Weighted Average Spread 3.80% 3.87%          
STWD 2021-SIF2 | Financing              
Summary of CLO              
Count | security 1 1          
Face Amount $ 410,000 $ 410,000          
Carrying Value $ 408,393 $ 408,166          
STWD 2021-SIF2 | Financing | SOFR              
Summary of CLO              
Weighted Average Spread 2.11% 2.11%          
STWD 2021-SIF1              
Summary of CLO              
Face Amount           $ 500,000  
Percent of outstanding loan 2.00%            
Debt, weighted average interest rate 5.68%            
STWD 2021-SIF1 | Collateral assets              
Summary of CLO              
Count | security 30 32          
Face Amount $ 439,322 $ 499,767          
Carrying Value $ 515,246 $ 514,594          
STWD 2021-SIF1 | Collateral assets | SOFR              
Summary of CLO              
Weighted Average Spread 3.88% 3.97%          
STWD 2021-SIF1 | Financing              
Summary of CLO              
Count | security 1 1          
Face Amount $ 410,000 $ 410,000          
Carrying Value $ 408,546 $ 408,187          
STWD 2021-SIF1 | Financing | SOFR              
Summary of CLO              
Weighted Average Spread 2.42% 2.42%