Repurchase Agreements (Tables)

3 Months Ended

Mar. 31, 2019

Disclosure Of Repurchase Agreements [Abstract]

Summary of Repurchase Agreements

The following tables are a summary of the Company’s repurchase agreements ($ in thousands):

	March 31, 2019
Facility	Weighted Average Maturity Date(1)	Security Interests	Collateral Assets(2)		Outstanding Balance		Prepayment Provisions
Barclays MRA	9/29/2021	CMBS(3)	$	1,000,900	$	750,000	None
RBC MRA	8/12/2019	CMBS		914,020		734,083	None
MS MRA	4/15/2019	CMBS		174,220		146,558	None
MUFG MRA	4/30/2020	CMBS		104,868		81,173	None
Citi MRA	4/13/2019	CMBS		82,826		69,335	None
			$	2,276,834	$	1,781,149

	December 31, 2018
Facility	Weighted Average Maturity Date(1)	Security Interests	Collateral Assets(2)		Outstanding Balance		Prepayment Provisions
Barclays MRA	9/29/2021	CMBS(3)	$	989,059	$	750,000	None
RBC MRA	6/18/2019	CMBS		794,917		650,018	None
Citi MRA	1/13/2019	CMBS		193,372		154,736	None
MS MRA	1/15/2019	CMBS		173,050		146,569	None
MUFG MRA	4/30/2020	CMBS		15,266		12,400	None
			$	2,165,664	$	1,713,723

⁽¹⁾ Subsequent to quarter end, the Company rolled its repurchase agreement contracts expiring in April 2019 into new contracts.

⁽²⁾ Represents the fair value of the Company’s investments in real estate-related securities that serve as collateral.

⁽³⁾ As of March 31, 2019 and December 31, 2018, the security interests pledged under the Barclays MRA include one corporate bond.