XML 89 R72.htm IDEA: XBRL DOCUMENT v3.20.2
Loans and Allowance for Loan Losses - Classification, unpaid principal balance, and carrying value (Details) - USD ($)
$ in Thousands
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Carrying Value            
Total Loans, before allowance for loan losses $ 1,469,896   $ 1,733,864      
Allowance for loan losses (37,089)   (5,880)      
Total Loans, net 1,432,807   1,727,984      
Allowance for loan losses on loans in consolidated VIEs (57,063) $ (57,968) (7,441) $ (8,814) $ (8,277) $ (8,320)
Total Loans, net of allowance for loan losses, including loans in consolidated VIEs 4,154,981   4,054,183      
Loans, held for sale, at fair value 297,669   188,077      
Total Loans, held for sale, at fair value in consolidated VIEs 3,635   4,434      
Total Loans, held for sale, at fair value, and Loans, held for sale, at fair value in consolidated VIEs 301,304   192,511      
Loans, held-for-investment 4,456,285   4,246,694      
UPB            
Total Loans, before allowance for loan losses 1,486,596   1,757,468      
Total Loans, net 1,486,596   1,757,468      
Total Loans, net, and Loans, net in consolidated VIEs 4,245,329          
Total Loans, held for sale, at fair value 282,886   181,406      
Total Loans, held for sale, at fair value in consolidated VIEs 3,617   4,400      
Total Loans, held for sale, at fair value, and Loans, held for sale, at fair value in consolidated VIEs 286,503   185,806      
Total Loan portfolio 4,531,832   4,285,666      
Consolidated VIEs            
Carrying Value            
Total Loans, in consolidated VIEs, before allowance for loan losses 2,742,148   2,327,760      
Allowance for loan losses on loans in consolidated VIEs (19,974)   (1,561)      
Total Loans, net, in consolidated VIEs 2,722,174   2,326,199      
Total Loans, net of allowance for loan losses, including loans in consolidated VIEs 4,154,981   4,054,183      
UPB            
Total Loans, in consolidated VIEs, before allowance for loan losses 2,758,733   2,342,392      
Total Loans, net, in consolidated VIEs 2,758,733   2,342,392      
Total Loans, net, and Loans, net in consolidated VIEs 4,245,329   4,099,860      
Originated SBC loans            
Carrying Value            
Total Loans, before allowance for loan losses 207,983   133,118      
Allowance for loan losses on loans in consolidated VIEs (8,974) (10,362) (304) (421)   (11)
UPB            
Total Loans, before allowance for loan losses 205,879   132,227      
Total Loans, net, and Loans, net in consolidated VIEs 1,166,644          
Originated SBC loans | Consolidated VIEs            
Carrying Value            
Total Loans, in consolidated VIEs, before allowance for loan losses 969,659   1,037,844      
UPB            
Total Loans, in consolidated VIEs, before allowance for loan losses 960,765   1,026,921      
Originated Transitional loans            
Carrying Value            
Total Loans, before allowance for loan losses 410,249   593,657      
Allowance for loan losses on loans in consolidated VIEs (19,831) (24,264) (188) (367) (222) (353)
UPB            
Total Loans, before allowance for loan losses 413,526   600,226      
Total Loans, net, and Loans, net in consolidated VIEs 1,277,526          
Originated Transitional loans | Consolidated VIEs            
Carrying Value            
Total Loans, in consolidated VIEs, before allowance for loan losses 858,613   490,913      
UPB            
Total Loans, in consolidated VIEs, before allowance for loan losses 864,000   493,217      
Originated SBA 7(a) loans            
Carrying Value            
Total Loans, before allowance for loan losses 293,713   297,934      
Allowance for loan losses on loans in consolidated VIEs (9,450) (7,074) (1,781) (694) (740) (586)
Loans, held for sale, at fair value 12,382   28,551      
UPB            
Total Loans, before allowance for loan losses 295,956   299,580      
Total Loans, net, and Loans, net in consolidated VIEs 373,159          
Total Loans, held for sale, at fair value 11,552   26,669      
Originated SBA 7(a) loans | Consolidated VIEs            
Carrying Value            
Total Loans, in consolidated VIEs, before allowance for loan losses 73,018   79,457      
UPB            
Total Loans, in consolidated VIEs, before allowance for loan losses 77,203   83,559      
Acquired SBA 7(a) loans            
Carrying Value            
Total Loans, before allowance for loan losses 224,565   255,240      
Allowance for loan losses on loans in consolidated VIEs (5,744) (5,622) (2,114) (2,194) (2,274) (2,318)
UPB            
Total Loans, before allowance for loan losses 235,105   269,396      
Total Loans, net, and Loans, net in consolidated VIEs 293,029          
Acquired SBA 7(a) loans | Consolidated VIEs            
Carrying Value            
Total Loans, in consolidated VIEs, before allowance for loan losses 46,385   53,320      
UPB            
Total Loans, in consolidated VIEs, before allowance for loan losses 57,924   66,997      
Acquired loans            
Carrying Value            
Total Loans, before allowance for loan losses 204,793   430,307      
Allowance for loan losses on loans in consolidated VIEs (12,564) $ (10,646) (3,054) (5,072) $ (5,041) $ (5,052)
Loans, held for sale, at fair value 511   1,245      
Total Loans, held for sale, at fair value in consolidated VIEs 3,635   4,434      
UPB            
Total Loans, before allowance for loan losses 207,036   433,079      
Total Loans, net, and Loans, net in consolidated VIEs 1,005,877          
Total Loans, held for sale, at fair value 518   1,208      
Total Loans, held for sale, at fair value in consolidated VIEs 3,617   4,400      
Acquired loans | Consolidated VIEs            
Carrying Value            
Total Loans, in consolidated VIEs, before allowance for loan losses 794,473   666,226      
UPB            
Total Loans, in consolidated VIEs, before allowance for loan losses 798,841   671,698      
Originated PPP loans, at fair value            
Carrying Value            
Total Loans, before allowance for loan losses 105,248          
UPB            
Total Loans, before allowance for loan losses 105,248          
Total Loans, net, and Loans, net in consolidated VIEs 105,248          
Originated SBC loans, at fair value            
Carrying Value            
Total Loans, before allowance for loan losses 19,050   20,212      
UPB            
Total Loans, before allowance for loan losses 19,551   19,565      
Total Loans, net, and Loans, net in consolidated VIEs 19,551          
Originated Residential Agency loans            
Carrying Value            
Total Loans, before allowance for loan losses 4,295   3,396      
Allowance for loan losses on loans in consolidated VIEs (500)     $ (66)    
Loans, held for sale, at fair value 269,421   136,506      
UPB            
Total Loans, before allowance for loan losses 4,295   3,395      
Total Loans, net, and Loans, net in consolidated VIEs 4,295          
Total Loans, held for sale, at fair value 255,745   132,016      
Originated Freddie Mac loans            
Carrying Value            
Loans, held for sale, at fair value 15,355   21,775      
UPB            
Total Loans, held for sale, at fair value $ 15,071   $ 21,513