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DEBT OBLIGATIONS, NET - Schedule of Company's Debt Obligations (Details)
3 Months Ended 12 Months Ended
Mar. 21, 2017
Extension
Mar. 31, 2018
USD ($)
Extension
Dec. 31, 2017
USD ($)
Extension
Dec. 21, 2017
USD ($)
Oct. 17, 2017
USD ($)
Feb. 22, 2017
USD ($)
Assets Sold under Agreements to Repurchase [Line Items]            
Debt Obligations Outstanding   $ 754,377,000 $ 473,410,000      
Debt obligations   4,624,608,000        
Carrying Amount of Collateral   0 0      
Committed Loan Repurchase Facility            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   1,650,000,000 1,650,000,000      
Debt Obligations Outstanding   550,523,000 398,653,000      
Committed but Unfunded   1,099,477,000 1,251,347,000      
Carrying Amount of Collateral   914,280,000 667,102,000      
Fair Value of Collateral   914,703,000 668,664,000      
Committed Loan Repurchase Facility | 10/1/2020            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   600,000,000 600,000,000      
Debt Obligations Outstanding   212,023,000 120,493,000      
Committed but Unfunded   387,977,000 479,507,000      
Carrying Amount of Collateral   348,473,000 160,031,000      
Fair Value of Collateral   $ 347,019,000 $ 159,568,000      
Number of extension maturity periods | Extension   2 2      
Length of extension options   12 months 12 months      
Length of additional extension maturity periods 12 months          
Committed Loan Repurchase Facility | 10/1/2020 | Minimum            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   3.53% 3.23%      
Committed Loan Repurchase Facility | 10/1/2020 | Maximum            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   4.28% 3.98%      
Committed Loan Repurchase Facility | 5/24/2018            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   $ 450,000,000 $ 450,000,000      
Debt Obligations Outstanding   154,077,000 183,111,000      
Committed but Unfunded   295,923,000 266,889,000      
Carrying Amount of Collateral   280,892,000 333,647,000      
Fair Value of Collateral   $ 282,231,000 $ 335,076,000      
Number of extension maturity periods | Extension   3 3      
Length of extension options   12 months 12 months      
Committed Loan Repurchase Facility | 5/24/2018 | Minimum            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   3.93% 3.63%      
Committed Loan Repurchase Facility | 5/24/2018 | Maximum            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   4.78% 4.48%      
Committed Loan Repurchase Facility | 4/7/2019            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   $ 300,000,000        
Debt Obligations Outstanding   84,687,000        
Committed but Unfunded   215,313,000        
Carrying Amount of Collateral   137,421,000        
Fair Value of Collateral   $ 137,983,000        
Number of extension maturity periods | Extension   1        
Number of additional extension maturity periods | Extension   1        
Length of additional extension maturity periods   364 days        
Committed Loan Repurchase Facility | 4/10/2018            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing     $ 300,000,000     $ 300,000,000.0
Debt Obligations Outstanding     63,007,000      
Committed but Unfunded     236,993,000      
Carrying Amount of Collateral     125,379,000      
Fair Value of Collateral     $ 125,975,000      
Number of extension maturity periods | Extension     2      
Length of extension options     364 days      
Additional length of period of extension options     364 days      
Number of additional extension maturity periods | Extension 1          
Length of additional extension maturity periods 364 days          
Committed Loan Repurchase Facility | 4/10/2018 | Minimum            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   3.78% 3.73%      
Committed Loan Repurchase Facility | 4/10/2018 | Maximum            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   5.03% 4.73%      
Committed Loan Repurchase Facility | 2/29/2020            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   $ 200,000,000 $ 200,000,000      
Debt Obligations Outstanding   80,536,000 32,042,000      
Committed but Unfunded   119,464,000 167,958,000      
Carrying Amount of Collateral   122,123,000 48,045,000      
Fair Value of Collateral   $ 122,099,000 $ 48,045,000      
Number of extension maturity periods | Extension   1 1      
Length of extension options   12 months 12 months      
Number of additional extension maturity periods | Extension   2 2      
Length of additional extension maturity periods   6 months 6 months      
Committed Loan Repurchase Facility | 2/29/2020 | Minimum            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   4.31% 4.25%      
Committed Loan Repurchase Facility | 2/29/2020 | Maximum            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   4.81% 4.50%      
Committed Loan Repurchase Facility | 6/28/2019            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   $ 100,000,000 $ 100,000,000      
Debt Obligations Outstanding   19,200,000 0      
Committed but Unfunded   $ 80,800,000 100,000,000      
Interest rate   4.28%        
Carrying Amount of Collateral   $ 25,371,000 0      
Fair Value of Collateral   25,371,000 0      
Committed Securities Repurchase Facility            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   400,000,000        
Committed Securities Repurchase Facility | 9/30/2019            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   400,000,000 400,000,000      
Debt Obligations Outstanding   98,762,000 0      
Committed but Unfunded   301,238,000 400,000,000      
Carrying Amount of Collateral   119,600,000 0      
Fair Value of Collateral   $ 119,600,000 0      
Committed Securities Repurchase Facility | 9/30/2019 | Minimum            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   2.36%        
Committed Securities Repurchase Facility | 9/30/2019 | Maximum            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   2.56%        
Uncommitted Securities Repurchase Facility | Various Dates            
Assets Sold under Agreements to Repurchase [Line Items]            
Debt Obligations Outstanding   $ 105,092,000 74,757,000      
Carrying Amount of Collateral   119,969,000 86,322,000      
Fair Value of Collateral   119,969,000 86,322,000      
Purchase, not reflected in consolidated financial statement   2,600,000 $ 26,700,000      
Securities phased in secondary market   $ 6,000,000        
Uncommitted Securities Repurchase Facility | Various Dates | Minimum            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   2.39% 1.65%      
Uncommitted Securities Repurchase Facility | Various Dates | Maximum            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   3.69% 3.31%      
Total Repurchase Facilities            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   $ 2,050,000,000 $ 2,050,000,000      
Debt Obligations Outstanding   754,377,000 473,410,000      
Committed but Unfunded   1,400,715,000 1,651,347,000      
Carrying Amount of Collateral   1,153,849,000 753,424,000      
Fair Value of Collateral   1,154,272,000 754,986,000      
Revolving Credit Facility | 2/11/2019            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   241,430,000 241,430,000      
Debt Obligations Outstanding   0 0      
Committed but Unfunded   241,430,000 241,430,000      
Mortgage Loan Financing | Various Dates            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   683,487,000 692,696,000      
Debt Obligations Outstanding   683,487,000 692,696,000      
Committed but Unfunded   0 0      
Carrying Amount of Collateral   895,786,000 911,034,000      
Fair Value of Collateral   $ 1,056,848,000 $ 1,066,708,000      
Mortgage Loan Financing | Various Dates | Minimum            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   4.25% 4.25%      
Mortgage Loan Financing | Various Dates | Maximum            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   6.75% 6.75%      
CLO Debt | Various Dates            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   $ 683,095,000 $ 688,479,000      
Debt Obligations Outstanding   683,095,000 688,479,000      
Committed but Unfunded   0 0      
Carrying Amount of Collateral   881,719,000 880,385,000 $ 431,500,000 $ 456,900,000  
Fair Value of Collateral   882,114,000 881,576,000      
Unamortized debt issuance costs   $ 5,400,000 $ 6,000,000      
CLO Debt | Various Dates | Minimum            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   2.67% 2.36%      
CLO Debt | Various Dates | Maximum            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   5.39% 5.08%      
Participation Financing - Mortgage Loan Receivable            
Assets Sold under Agreements to Repurchase [Line Items]            
Debt Obligations Outstanding     $ 2,800,000      
Participation Financing - Mortgage Loan Receivable | 6/6/2018            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   $ 2,815,000 3,107,000      
Debt Obligations Outstanding   2,815,000 3,107,000      
Committed but Unfunded   $ 0 $ 0      
Stated interest rate on debt instrument (as a percent)   17.00% 17.00%      
Carrying Amount of Collateral   $ 2,815,000 $ 3,107,000      
Fair Value of Collateral   2,815,000 3,107,000      
Borrowings from the FHLB | Various Dates            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   1,933,522,000 2,000,000,000      
Debt Obligations Outstanding   1,348,000,000 1,370,000,000      
Committed but Unfunded   585,522,000 630,000,000      
Carrying Amount of Collateral   1,827,338,000 1,777,597,000      
Fair Value of Collateral   1,830,545,000 1,783,210,000      
Purchase, not reflected in consolidated financial statement   $ 9,900,000 $ 10,100,000      
Borrowings from the FHLB | Various Dates | Minimum            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   0.87% 0.87%      
Borrowings from the FHLB | Various Dates | Maximum            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   2.74% 2.74%      
Senior Unsecured Notes            
Assets Sold under Agreements to Repurchase [Line Items]            
Unamortized debt issuance costs   $ 13,366,000        
Senior Unsecured Notes | Various Dates            
Assets Sold under Agreements to Repurchase [Line Items]            
Debt issued   1,166,201,000 $ 1,166,201,000      
Senior Unsecured Notes   1,152,834,000 1,152,134,000      
Committed but Unfunded   0 0      
Unamortized debt issuance costs   $ 13,400,000 $ 14,100,000      
Senior Unsecured Notes | Various Dates | Minimum            
Assets Sold under Agreements to Repurchase [Line Items]            
Stated interest rate on debt instrument (as a percent)   5.25% 5.25%      
Senior Unsecured Notes | Various Dates | Maximum            
Assets Sold under Agreements to Repurchase [Line Items]            
Stated interest rate on debt instrument (as a percent)   5.875% 5.875%      
Total Debt Obligations            
Assets Sold under Agreements to Repurchase [Line Items]            
Debt issued   $ 6,760,550,000 $ 6,841,913,000      
Debt obligations   4,624,608,000 4,379,826,000      
Committed but Unfunded   2,227,667,000 2,522,777,000      
Carrying Amount of Collateral   4,761,507,000 4,325,547,000      
Fair Value of Collateral   $ 4,926,594,000 $ 4,489,587,000