XML 70 R52.htm IDEA: XBRL DOCUMENT v3.20.2
Investments in Real Estate Debt - Summary of Investments in Real Estate Debt (Detail)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2020
USD ($)
Position
Dec. 31, 2019
USD ($)
Position
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 241 203
Weighted Average Coupon 3.20% 4.40%
Weighted Average Maturity Date Jun. 29, 2025 Sep. 21, 2025
Cost Basis $ 5,297,531 $ 4,493,288
Fair Value $ 4,965,677 $ 4,523,260
Total Real Estate Securities [Member]    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 230 195
Weighted Average Coupon 3.10% 4.20%
Weighted Average Maturity Date Dec. 18, 2025 Oct. 15, 2025
Cost Basis $ 4,600,415 $ 4,185,744
Fair Value $ 4,255,432 $ 4,216,055
Total Real Estate Loans [Member]    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 11 8
Weighted Average Maturity Date Aug. 31, 2022 Oct. 16, 2024
Face Amount/ Notional $ 733,283 $ 309,989
Cost Basis 697,116 307,544
Fair Value $ 710,245 $ 307,205
Total Real Estate Loans [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member]    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Weighted Average Coupon 3.70% 4.60%
Commercial Mortgage Backed Securities Floating    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 138 122
Weighted Average Maturity Date Jan. 05, 2025 Jan. 29, 2025
Face Amount/ Notional $ 3,212,846 $ 2,907,080
Cost Basis 3,193,384 2,899,556
Fair Value $ 2,914,116 $ 2,906,952
Commercial Mortgage Backed Securities Floating | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member]    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Weighted Average Coupon 2.70% 2.70%
Commercial Mortgage Backed Securities Fixed    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 54 43
Weighted Average Coupon 4.00% 4.20%
Weighted Average Maturity Date Apr. 18, 2028 Jun. 26, 2027
Face Amount/ Notional $ 1,022,626 $ 850,738
Cost Basis 991,867 829,403
Fair Value $ 933,104 $ 831,970
Commercial Mortgage Backed Securities [Member]    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 5 5
Weighted Average Coupon 2.30% 2.30%
Weighted Average Maturity Date Oct. 10, 2026 Oct. 02, 2026
Face Amount/ Notional $ 2,258,809 $ 2,261,480
Cost Basis 21,748 23,564
Fair Value $ 21,726 $ 23,547
Mezzanine Loan [Member]    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 1 1
Weighted Average Maturity Date Dec. 15, 2024 Dec. 15, 2024
Face Amount/ Notional $ 134,750 $ 134,750
Cost Basis 134,338 134,078
Fair Value $ 119,144 $ 134,076
Mezzanine Loan [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member]    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Weighted Average Coupon 6.90% 6.90%
Commercial Mortgage Backed Securities Zero Coupon [Member]    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 4 4
Weighted Average Maturity Date Jan. 02, 2027 Dec. 30, 2026
Face Amount/ Notional $ 236,090 $ 236,090
Cost Basis 134,960 127,219
Fair Value $ 136,476 $ 136,027
Term Loans [Member]    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 10 7
Weighted Average Maturity Date Mar. 15, 2022 Aug. 30, 2024
Face Amount/ Notional $ 598,533 $ 175,239
Cost Basis 562,778 173,466
Fair Value $ 591,101 $ 173,129
Term Loans [Member] | One-Month U.S. Dollar-Denominated London Interbank Offer Rate [Member]    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Weighted Average Coupon 3.00% 2.90%
Residential Mortgage Backed Securities [Member]    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 14 9
Weighted Average Coupon 4.40% 4.30%
Weighted Average Maturity Date Dec. 09, 2031 Jul. 09, 2028
Face Amount/ Notional $ 28,462 $ 29,315
Cost Basis 28,635 29,506
Fair Value $ 27,695 $ 29,448
Corporate Bond [Member]    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 15 12
Weighted Average Coupon 5.00% 5.20%
Weighted Average Maturity Date Feb. 28, 2027 Feb. 16, 2027
Face Amount/ Notional $ 231,249 $ 276,302
Cost Basis 229,821 276,496
Fair Value $ 222,315 $ 288,111