XML 85 R75.htm IDEA: XBRL DOCUMENT v3.22.1
Subsequent Events (Details)
3 Months Ended
May 06, 2022
USD ($)
transaction
residentialRPL
seller
Apr. 19, 2022
USD ($)
Apr. 14, 2022
USD ($)
loanPool
Apr. 01, 2022
USD ($)
Apr. 01, 2022
Apr. 01, 2022
loanPool
Apr. 01, 2022
residentialRPL
Apr. 01, 2022
transaction
Apr. 01, 2022
residentialNPL
Mar. 31, 2022
USD ($)
loan
Mar. 31, 2021
USD ($)
loan
May 05, 2022
$ / shares
Subsequent Event [Line Items]                        
Investment in securities                   $ 0 $ 0  
Repurchase of the Company's senior convertible notes                   $ 0 $ 2,430,000  
Subsequent event                        
Subsequent Event [Line Items]                        
Dividends payable, amount per share (in dollars per share) | $ / shares                       $ 0.26
Subsequent event | Convertible notes payable                        
Subsequent Event [Line Items]                        
Debt instrument, repurchase amount   $ 100,000                    
Repurchase of the Company's senior convertible notes   $ 100,000                    
Subsequent event | Mortgage loans | Corporate Joint Venture | Ajax Mortgage Loan Trust 2022-A                        
Subsequent Event [Line Items]                        
Investment in securities     $ 47,700,000                  
Percentage of securities acquired from trust     23.28%                  
Number of mortgage loans on real estate | loanPool     811                  
Original Principal     $ 215,500,000                  
Aggregate property value     $ 518,800,000                  
Interest Rate     3.47%                  
Subsequent event | Mortgage loans | Corporate Joint Venture | Ajax Mortgage Loan Trust 2022-A | Financing Receivables 60 or More Days Past Due                        
Subsequent Event [Line Items]                        
Financing receivable, percent past due     33.90%                  
Subsequent event | Mortgage loans | Corporate Joint Venture | Ajax Mortgage Loan Trust 2022-A | Class A Notes                        
Subsequent Event [Line Items]                        
Securities percentage of total UPB     71.90%                  
Residential RPLs                        
Subsequent Event [Line Items]                        
Number of mortgage loans on real estate | loan                   0 199  
Aggregate unpaid principal balance of mortgage loans on real estate                     $ 36,000,000  
Residential RPLs | Two sellers | Subsequent event                        
Subsequent Event [Line Items]                        
Number of mortgage loans on real estate | residentialRPL 2                      
Number of transaction | transaction 2                      
Number of sellers | seller 2                      
Aggregate unpaid principal balance of mortgage loans on real estate $ 200,000                      
Percentage of unpaid principal balance of loan acquired 93.10%                      
Percentage of estimated market value of the underlying collateral       44.30% 44.30% 44.30% 44.30% 44.30% 44.30%      
Estimated market value of the underlying collateral $ 400,000                      
Residential RPLs | Seven Sellers | Subsequent event                        
Subsequent Event [Line Items]                        
Number of mortgage loans on real estate | residentialRPL             26          
Number of transaction | transaction               7        
Aggregate unpaid principal balance of mortgage loans on real estate       $ 6,700,000                
Percentage of unpaid principal balance of loan acquired         97.20%              
Percentage of estimated market value of the underlying collateral       42.60% 42.60% 42.60% 42.60% 42.60% 42.60%      
Estimated market value of the underlying collateral       $ 15,300,000                
Residential NPLs                        
Subsequent Event [Line Items]                        
Number of mortgage loans on real estate | loan                   4 3  
Aggregate unpaid principal balance of mortgage loans on real estate                   $ 1,000,000 $ 700,000  
Residential NPLs | Two sellers | Subsequent event                        
Subsequent Event [Line Items]                        
Percentage of unpaid principal balance of loan acquired         102.00%              
Percentage of estimated market value of the underlying collateral       46.30% 46.30% 46.30% 46.30% 46.30% 46.30%      
Estimated market value of the underlying collateral       $ 8,600,000                
Residential NPLs | One seller | Subsequent event                        
Subsequent Event [Line Items]                        
Number of mortgage loans on real estate           1     27      
Number of transaction | transaction               1        
Aggregate unpaid principal balance of mortgage loans on real estate $ 200,000     $ 3,900,000                
Percentage of unpaid principal balance of loan acquired 94.00%                      
Percentage of estimated market value of the underlying collateral       46.20% 46.20% 46.20% 46.20% 46.20% 46.20%      
Estimated market value of the underlying collateral $ 300,000