Secured Financings on Investments in Real Estate Debt (Tables)

6 Months Ended

Jun. 30, 2020

Disclosure Of Repurchase Agreements [Abstract]

Summary of Secured Financings on Investments in Real Estate Debt

The following tables are a summary of the Company’s secured financings on investments in real estate debt ($ in thousands):

	June 30, 2020
Indebtedness	Weighted Average Maturity Date(1)	Security Interests	Collateral Assets(2)		Outstanding Balance		Prepayment Provisions
RBC MRA	3/17/2021	CMBS/Corporate bonds	$	1,689,690	$	1,171,687	None
Barclays MRA	9/29/2021	CMBS		1,088,259		750,000	None
DB Secured Financing	4/2/2022	Term Loan		393,535		252,727	None
Citi MRA	2/23/2021	CMBS/RMBS		300,248		195,271	None
			$	3,471,732	$	2,369,685

	December 31, 2019
Indebtedness	Weighted Average Maturity Date(1)	Security Interests	Collateral Assets(2)		Outstanding Balance		Prepayment Provisions
RBC MRA	6/23/2020	CMBS/Corporate bonds	$	1,980,951	$	1,561,642	None
Barclays MRA	9/29/2021	CMBS		981,652		750,000	None
MS MRA	2/1/2020	CMBS		636,734		508,510	None
Citi MRA	1/14/2020	CMBS/Corporate bonds		266,406		205,762	None
MUFG MRA	4/30/2020	CMBS		86,332		62,561	None
BAML MRA	1/24/2020	CMBS/Corporate bonds		4,807		3,662	None
			$	3,956,882	$	3,092,137

⁽¹⁾ Subsequent to June 30, 2020, the Company rolled its repurchase agreement contracts expiring in July 2020 into new contracts.

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