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Financings - Borrowings under Repurchase Agreements (Details)
3 Months Ended 6 Months Ended 12 Months Ended
Mar. 31, 2020
USD ($)
agreement
Jun. 30, 2019
Dec. 31, 2019
USD ($)
Certain characteristics of the Company's repurchase agreements      
Repurchase Agreement Borrowings $ 1,553,781,000   $ 2,824,877,000
Less unamortized debt issuance costs 66,000   76,000
Repurchase agreements, net $ 1,553,715,000   $ 2,824,801,000
Weighted Average Interest Rate on Borrowings Outstanding at  end of period 2.50%   2.61%
Weighted Average Remaining Maturity (days) 271 days 179 days 179 days
Weighted Average Interest Rate on Borrowings Outstanding at end of period, Total 2.50%   2.61%
Number of long-term repurchase agreements | agreement 2    
Repurchase agreements      
Certain characteristics of the Company's repurchase agreements      
Repurchase Agreement Borrowings $ 438,958,000   $ 371,726,000
Weighted Average Remaining Maturity (days) 829 days   1024 days
Weighted Average Interest Rate on Borrowings Outstanding at  end of period 2.70%   3.70%
Repurchase agreements | Whole-Loans      
Certain characteristics of the Company's repurchase agreements      
Repurchase Agreement Borrowings $ 285,409,000   $ 209,878,000
Weighted Average Remaining Maturity (days) 1004 days   1358 days
Weighted Average Interest Rate on Borrowings Outstanding at  end of period 2.67%   3.55%
Repurchase agreements | Commercial Loans      
Certain characteristics of the Company's repurchase agreements      
Repurchase Agreement Borrowings $ 153,549,000   $ 161,848,000
Weighted Average Remaining Maturity (days) 503 days   590 days
Weighted Average Interest Rate on Borrowings Outstanding at  end of period 2.73%   3.88%
Repurchase agreements      
Certain characteristics of the Company's repurchase agreements      
Repurchase Agreement Borrowings $ 1,114,823,000   $ 2,453,151,000
Weighted Average Interest Rate on Borrowings Outstanding at  end of period 2.42%   2.44%
Weighted Average Remaining Maturity (days) 51 days 51 days  
Repurchase agreements | Subtotal Agency      
Certain characteristics of the Company's repurchase agreements      
Repurchase Agreement Borrowings $ 437,577,000   $ 1,352,248,000
Weighted Average Interest Rate on Borrowings Outstanding at  end of period 1.38%   2.05%
Weighted Average Remaining Maturity (days) 27 days 26 days  
Repurchase agreements | Agency CMBS      
Certain characteristics of the Company's repurchase agreements      
Repurchase Agreement Borrowings $ 11,852,000   $ 348,274,000
Weighted Average Interest Rate on Borrowings Outstanding at  end of period 2.35%   1.99%
Weighted Average Remaining Maturity (days) 21 days 52 days  
Repurchase agreements | Non-Agency RMBS      
Certain characteristics of the Company's repurchase agreements      
Repurchase Agreement Borrowings $ 214,972,000   $ 190,390,000
Weighted Average Interest Rate on Borrowings Outstanding at  end of period 3.04%   3.05%
Weighted Average Remaining Maturity (days) 24 days 35 days  
Repurchase agreements | Non-Agency CMBS      
Certain characteristics of the Company's repurchase agreements      
Repurchase Agreement Borrowings $ 20,148,000   $ 30,481,000
Weighted Average Interest Rate on Borrowings Outstanding at  end of period 3.09%   3.56%
Weighted Average Remaining Maturity (days) 8 days 9 days  
Repurchase agreements | Whole-Loans      
Certain characteristics of the Company's repurchase agreements      
Repurchase Agreement Borrowings $ 272,458,000   $ 266,294,000
Weighted Average Interest Rate on Borrowings Outstanding at  end of period 2.99%   3.14%
Weighted Average Remaining Maturity (days) 129 days 202 days  
Repurchase agreements | Residential Bridge Loans      
Certain characteristics of the Company's repurchase agreements      
Repurchase Agreement Borrowings $ 24,222,000   $ 29,869,000
Weighted Average Interest Rate on Borrowings Outstanding at  end of period 3.79%   3.93%
Weighted Average Remaining Maturity (days) 28 days 28 days  
Repurchase agreements | Commercial Loans      
Certain characteristics of the Company's repurchase agreements      
Repurchase Agreement Borrowings $ 47,547,000   $ 62,746,000
Weighted Average Interest Rate on Borrowings Outstanding at  end of period 3.90%   4.04%
Weighted Average Remaining Maturity (days) 28 days 28 days  
Repurchase agreements | Securitized commercial loans      
Certain characteristics of the Company's repurchase agreements      
Repurchase Agreement Borrowings $ 32,803,000   $ 116,087,000
Weighted Average Interest Rate on Borrowings Outstanding at  end of period 2.76%   3.93%
Weighted Average Remaining Maturity (days) 29 days 49 days  
Repurchase agreements | Other securities      
Certain characteristics of the Company's repurchase agreements      
Repurchase Agreement Borrowings $ 53,244,000   $ 56,762,000
Weighted Average Interest Rate on Borrowings Outstanding at  end of period 3.15%   3.23%
Weighted Average Remaining Maturity (days) 28 days 34 days  
Residential Facility      
Certain characteristics of the Company's repurchase agreements      
Maximum borrowing capacity $ 700,000,000.0    
Commercial Facility      
Certain characteristics of the Company's repurchase agreements      
Maximum borrowing capacity $ 200,000,000.0