XML 41 R46.htm IDEA: XBRL DOCUMENT v3.20.1
Residential Whole-Loans and Bridge Loans - Narrative (Details)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
May 31, 2019
USD ($)
Mar. 31, 2020
USD ($)
loan
Jun. 30, 2019
loan
Dec. 31, 2019
USD ($)
loan
Variable Interest Entity [Line Items]        
Repurchase agreements, net   $ 1,553,715   $ 2,824,801
Residential  Whole Loans        
Variable Interest Entity [Line Items]        
Number of Loans | loan   3,543   3,529
Fair value   $ 1,309,795   $ 1,375,860
Principal  Balance   $ 1,352,778   1,325,443
Residential  Whole Loans | Variable interest entity, primary beneficiary, aggregated disclosure        
Variable Interest Entity [Line Items]        
Number of Loans | loan   9    
Residential  Whole Loans | VIE        
Variable Interest Entity [Line Items]        
Repurchase agreements, net   $ 285,400   $ 209,900
Number of Loans | loan   3,534    
No of Loans | loan   13   12
Mortgage loans on real estate, principal amount of delinquent loans   $ 7,100   $ 7,100
Mortgage loans on real estate, number of loans, nonperforming, percentage   0.50%   0.50%
Mortgage loans on real estate weighted average loan to value, collateral dependent   62.30%   62.10%
Residential  Whole Loans | RCR Trust        
Variable Interest Entity [Line Items]        
Repurchase agreements, net   $ 155,500   $ 164,300
Residential  Whole Loans | RNR Trust        
Variable Interest Entity [Line Items]        
Repurchase agreements, net   23,300   8,100
Residential  Whole Loans | Arroyo Trust        
Variable Interest Entity [Line Items]        
Repurchase agreements, net   919,000    
Residential  Whole Loans | RBR Trust        
Variable Interest Entity [Line Items]        
Repurchase agreements, net   $ 91,400   91,700
Non-QM | VIE        
Variable Interest Entity [Line Items]        
No of Loans | loan   265    
Residential Bridge Loans | Variable interest entity, primary beneficiary, aggregated disclosure        
Variable Interest Entity [Line Items]        
Number of Loans | loan   51    
Residential Bridge Loans | VIE        
Variable Interest Entity [Line Items]        
Repurchase agreements, net   $ 26,500   $ 32,100
Number of Loans | loan   56   76
No of Loans | loan   1    
Mortgage loans on real estate, principal amount of delinquent loans   $ 124    
Mortgage loans on real estate, number of loans, nonperforming, percentage   30.10% 32.60%  
Principal  Balance   $ 29,650   $ 37,196
Investment in mortgage loans on real estate, principal amount at fair value of delinquent loan       12,100
Mortgage loans on real estate weighted average loan to value, collateral dependent   70.90% 72.10%  
Foreclosed other real estate owned   $ 2,900    
Estimated Fair Value | Residential  Whole Loans | VIE        
Variable Interest Entity [Line Items]        
Fair value   $ 6,600   6,700
Estimated Fair Value | Residential Bridge Loans | VIE        
Variable Interest Entity [Line Items]        
No of Loans | loan   20 27  
Mortgage loans on real estate, principal amount of delinquent loans   $ 8,800    
Fair value   $ 8,000   $ 11,400
Non-Qualifying Adjustable Rate Mortgage Loan | Residential  Whole Loans        
Variable Interest Entity [Line Items]        
Number of Loans | loan   2,963    
Conforming Fixed Rate Mortgage Loan | Residential  Whole Loans        
Variable Interest Entity [Line Items]        
Number of Loans | loan   571    
Investor Fixed Rate Mortgage Loan | Residential  Whole Loans        
Variable Interest Entity [Line Items]        
Number of Loans | loan   9    
Arroyo Trust | Residential  Whole Loans | Arroyo Trust        
Variable Interest Entity [Line Items]        
Transfered of non-qm residential whole loans $ 945,500