Secured Financings On Investments In Real Estate Debt (Tables)

3 Months Ended

Mar. 31, 2022

Secured Financings On Investments In Real Estate Debt [Abstract]

Schedule of Secured Financings on Investments in Real Estate Debt Transactions

For financial statement purposes, the Company does not offset its secured financings on investments in real estate debt and securities lending transactions because the conditions for netting as specified by GAAP are not met. Although not offset on the Company’s Condensed Consolidated Balance Sheets, these transactions are summarized in the following tables ($ in thousands):

			March 31, 2022
Indebtedness	Maturity Date	Coupon	Collateral Assets(1)		Outstanding Balance
Barclays RA	2/26/2026	SONIA + 2.50%	$	473,994	$	260,697
			$	473,994	$	260,697

			December 31, 2021
Indebtedness	Weighted Average Maturity Date	Weighted Average Coupon	Collateral Assets(1)		Outstanding Balance
Barclays RA	2/26/2026	L + 2.50%	$	487,602	$	268,181
			$	487,602	$	268,181

⁽¹⁾ Represents the fair value of the Company’s term loan investment.