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DEBT OBLIGATIONS, NET - Schedule of Company's Debt Obligations (Details)
6 Months Ended 12 Months Ended
Jan. 04, 2018
Jun. 30, 2019
USD ($)
Extension
Dec. 31, 2018
USD ($)
Extension
Dec. 27, 2018
USD ($)
Dec. 21, 2017
USD ($)
Oct. 17, 2017
USD ($)
Assets Sold under Agreements to Repurchase [Line Items]            
Debt Obligations Outstanding   $ 1,267,371,000 $ 663,685,000      
Debt obligations   4,613,088,000        
Carrying Amount of Collateral   0 0      
Committed Loan Repurchase Facility            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   1,750,000,000 1,750,000,000 $ 100,000,000.0    
Debt Obligations Outstanding   685,260,000 497,531,000      
Committed but Unfunded   1,064,740,000 1,252,469,000      
Carrying Amount of Collateral   1,044,667,000 744,310,000      
Fair Value of Collateral   1,047,142,000 745,103,000      
Length of additional extension maturity periods 1 year          
Committed Loan Repurchase Facility | 2/24/2022            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   600,000,000        
Debt Obligations Outstanding   200,501,000        
Committed but Unfunded   399,499,000        
Carrying Amount of Collateral   282,722,000        
Fair Value of Collateral   $ 282,798,000        
Number of extension maturity periods | Extension   2        
Length of extension options   12 months        
Committed Loan Repurchase Facility | 5/24/2020            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   $ 350,000,000        
Debt Obligations Outstanding   63,996,000        
Committed but Unfunded   286,004,000        
Carrying Amount of Collateral   98,515,000        
Fair Value of Collateral   $ 100,652,000        
Number of extension maturity periods | Extension   1        
Length of extension options   12 months        
Committed Loan Repurchase Facility | 5/24/2019            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing     350,000,000      
Debt Obligations Outstanding     63,679,000      
Committed but Unfunded     286,321,000      
Carrying Amount of Collateral     87,385,000      
Fair Value of Collateral     88,762,000      
Committed Loan Repurchase Facility | 4/10/2020            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   $ 300,000,000        
Debt Obligations Outstanding   177,710,000        
Committed but Unfunded   122,290,000        
Carrying Amount of Collateral   302,349,000        
Fair Value of Collateral   $ 302,349,000        
Number of extension maturity periods | Extension   1        
Length of extension options   364 days        
Committed Loan Repurchase Facility | 5/6/2021            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   $ 300,000,000 300,000,000      
Debt Obligations Outstanding   102,499,000 79,886,000      
Committed but Unfunded   197,501,000 220,114,000      
Carrying Amount of Collateral   155,332,000 117,382,000      
Fair Value of Collateral   $ 155,332,000 $ 117,366,000      
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 | 7/20/2021            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   $ 100,000,000 $ 100,000,000      
Debt Obligations Outstanding   87,174,000 52,738,000      
Committed but Unfunded   12,826,000 47,262,000      
Carrying Amount of Collateral   133,949,000 72,154,000      
Fair Value of Collateral   $ 134,211,000 $ 72,154,000      
Number of extension maturity periods | Extension   1 1      
Length of extension options   12 months 12 months      
Committed Loan Repurchase Facility | 3/26/2020            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   $ 100,000,000        
Debt Obligations Outstanding   53,380,000        
Committed but Unfunded   $ 46,620,000        
Interest rate   4.39%        
Carrying Amount of Collateral   $ 71,800,000        
Fair Value of Collateral   $ 71,800,000        
Committed Loan Repurchase Facility | 12/26/2019            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing     $ 100,000,000      
Debt Obligations Outstanding     0      
Committed but Unfunded     100,000,000      
Carrying Amount of Collateral     0      
Fair Value of Collateral     0      
Committed Loan Repurchase Facility | 4/7/2019            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing     300,000,000      
Debt Obligations Outstanding     120,631,000      
Committed but Unfunded     179,369,000      
Carrying Amount of Collateral     204,747,000      
Fair Value of Collateral     $ 205,219,000      
Number of extension maturity periods | Extension     1      
Length of extension options     364 days      
Number of additional extension maturity periods | Extension     1      
Additional length of period of extension options     364 days      
Committed Loan Repurchase Facility | 10/1/2020            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing     $ 600,000,000      
Debt Obligations Outstanding     180,597,000      
Committed but Unfunded     419,403,000      
Carrying Amount of Collateral     262,642,000      
Fair Value of Collateral     $ 261,602,000      
Number of extension maturity periods | Extension     2      
Length of extension options     12 months      
Committed Loan Repurchase Facility | 2/11/2020            
Assets Sold under Agreements to Repurchase [Line Items]            
Length of extension options   12 months        
Committed Securities Repurchase Facility            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   $ 400,000,000.0        
Committed Securities Repurchase Facility | 3/4/2021            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   400,000,000        
Debt Obligations Outstanding   0        
Committed but Unfunded   400,000,000        
Carrying Amount of Collateral   0        
Fair Value of Collateral   0        
Committed Securities Repurchase Facility | 9/30/2019            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing     $ 400,000,000      
Debt Obligations Outstanding     0      
Committed but Unfunded     400,000,000      
Carrying Amount of Collateral     0      
Fair Value of Collateral     0      
Uncommitted Securities Repurchase Facility | Various Date            
Assets Sold under Agreements to Repurchase [Line Items]            
Debt Obligations Outstanding   582,111,000 166,154,000      
Carrying Amount of Collateral   637,238,000 187,803,000      
Fair Value of Collateral   637,238,000 187,803,000      
Purchase, not reflected in consolidated financial statement   3,000,000.0 3,000,000.0      
Securities phased in secondary market     6,000,000.0      
Total Repurchase Facilities            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   2,150,000,000 2,150,000,000      
Debt Obligations Outstanding   1,267,371,000 663,685,000      
Committed but Unfunded   1,464,740,000 1,652,469,000      
Carrying Amount of Collateral   1,681,905,000 932,113,000      
Fair Value of Collateral   1,684,380,000 $ 932,906,000      
Revolving Credit Facility | 5/24/2019            
Assets Sold under Agreements to Repurchase [Line Items]            
Number of extension maturity periods | Extension     2      
Length of extension options     12 months      
Revolving Credit Facility | 2/11/2020            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   266,430,000        
Debt Obligations Outstanding   0        
Committed but Unfunded   $ 266,430,000        
Number of extension maturity periods | Extension   3        
Revolving Credit Facility | 2/11/2019            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing     $ 266,430,000      
Debt Obligations Outstanding     0      
Committed but Unfunded     $ 266,430,000      
Number of extension maturity periods | Extension     4      
Length of extension options     12 months      
Mortgage Loan Financing | Various Date            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   $ 734,652,000 $ 743,902,000      
Debt Obligations Outstanding   734,652,000 743,902,000      
Committed but Unfunded   0 0      
Carrying Amount of Collateral   912,888,000 939,362,000      
Fair Value of Collateral   1,097,090,000 1,108,968,000      
CLO Debt | Various Date            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   263,216,000 601,543,000      
Debt Obligations Outstanding   263,216,000 601,543,000      
Committed but Unfunded   0 0      
Carrying Amount of Collateral   425,439,000 710,502,000   $ 431,500,000 $ 456,900,000
Fair Value of Collateral   425,810,000 710,737,000      
Unamortized debt issuance costs   1,000,000.0 2,600,000      
Participation Financing - Mortgage Loan Receivable            
Assets Sold under Agreements to Repurchase [Line Items]            
Debt Obligations Outstanding   0 2,500,000      
Participation Financing - Mortgage Loan Receivable | 6/6/2019            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing     2,453,000      
Debt Obligations Outstanding     2,453,000      
Committed but Unfunded     $ 0      
Interest rate     17.00%      
Carrying Amount of Collateral     $ 2,453,000      
Fair Value of Collateral     2,453,000      
Borrowings from the FHLB | Various Date            
Assets Sold under Agreements to Repurchase [Line Items]            
Committed Financing   1,945,795,000 1,933,522,000      
Debt Obligations Outstanding   1,191,449,000 1,286,000,000      
Committed but Unfunded   754,346,000 647,522,000      
Carrying Amount of Collateral   1,493,752,000 1,652,952,000      
Fair Value of Collateral   1,500,648,000 1,655,150,000      
Purchase, not reflected in consolidated financial statement   10,000,000.0 9,700,000      
Senior Unsecured Notes            
Assets Sold under Agreements to Repurchase [Line Items]            
Unamortized debt issuance costs   9,801,000        
Senior Unsecured Notes | Various Date            
Assets Sold under Agreements to Repurchase [Line Items]            
Debt issued   1,166,201,000 1,166,201,000      
Senior Unsecured Notes   1,156,400,000 1,154,991,000      
Committed but Unfunded   0 0      
Unamortized debt issuance costs   9,800,000 11,200,000      
Total Debt Obligations            
Assets Sold under Agreements to Repurchase [Line Items]            
Debt issued   6,526,294,000 6,864,051,000      
Debt obligations   4,613,088,000 4,452,574,000      
Committed but Unfunded   2,485,516,000 2,566,421,000      
Carrying Amount of Collateral   4,513,984,000 4,237,382,000      
Fair Value of Collateral   $ 4,707,928,000 $ 4,410,214,000      
Minimum | Committed Loan Repurchase Facility | 2/24/2022            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   4.14%        
Minimum | Committed Loan Repurchase Facility | 5/24/2020            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   4.62%        
Minimum | Committed Loan Repurchase Facility | 5/24/2019            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate     4.68%      
Minimum | Committed Loan Repurchase Facility | 4/10/2020            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   4.39%        
Minimum | Committed Loan Repurchase Facility | 5/6/2021            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   4.44% 4.44%      
Minimum | Committed Loan Repurchase Facility | 7/20/2021            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   4.21% 4.58%      
Minimum | Committed Loan Repurchase Facility | 4/7/2019            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate     4.46%      
Minimum | Committed Loan Repurchase Facility | 10/1/2020            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate     4.21%      
Minimum | Uncommitted Securities Repurchase Facility | Various Date            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   2.99% 2.99%      
Minimum | Mortgage Loan Financing | Various Date            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   4.25% 4.25%      
Minimum | CLO Debt | Various Date            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   3.40% 3.34%      
Minimum | Borrowings from the FHLB | Various Date            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   1.47% 1.18%      
Minimum | Senior Unsecured Notes | Various Date            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   5.25% 5.25%      
Maximum | Committed Loan Repurchase Facility | 2/24/2022            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   4.64%        
Maximum | Committed Loan Repurchase Facility | 5/24/2020            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   4.97%        
Maximum | Committed Loan Repurchase Facility | 5/24/2019            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate     4.98%      
Maximum | Committed Loan Repurchase Facility | 4/10/2020            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   4.90%        
Maximum | Committed Loan Repurchase Facility | 5/6/2021            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   4.94% 4.94%      
Maximum | Committed Loan Repurchase Facility | 7/20/2021            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   4.65% 4.96%      
Maximum | Committed Loan Repurchase Facility | 4/7/2019            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate     4.96%      
Maximum | Committed Loan Repurchase Facility | 10/1/2020            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate     4.96%      
Maximum | Uncommitted Securities Repurchase Facility | Various Date            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   4.06% 4.55%      
Maximum | Mortgage Loan Financing | Various Date            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   7.00% 7.00%      
Maximum | CLO Debt | Various Date            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   5.99% 6.06%      
Maximum | Borrowings from the FHLB | Various Date            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   3.00% 3.01%      
Maximum | Senior Unsecured Notes | Various Date            
Assets Sold under Agreements to Repurchase [Line Items]            
Interest rate   5.875% 5.875%