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Investments in Real Estate Debt - Summary of Investments in Real Estate Debt (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2022
USD ($)
Position
Dec. 31, 2021
USD ($)
Position
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 58 56
Weighted Average Coupon [1] 4.63% 4.41%
Weighted Average Maturity Date [2] Jun. 02, 2033 Apr. 08, 2033
Cost Basis $ 1,071,141 $ 969,590
Investments in real estate debt $ 1,031,340 $ 954,077
RMBS    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 49 50
Weighted Average Coupon [1] 3.12% 3.07%
Weighted Average Maturity Date [2] Nov. 07, 2045 Jul. 09, 2045
Cost Basis $ 157,991 $ 165,600
Investments in real estate debt $ 156,659 $ 168,309
CMBS - floating, March 15, 2035    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 3 4
Weighted Average Coupon [1] 5.31% 3.46%
Weighted Average Maturity Date [2] Mar. 15, 2035 Jul. 15, 2038
Cost Basis $ 109,175 $ 296,928
Investments in real estate debt $ 109,124 $ 295,465
CMBS - floating, July 15, 2038    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 4  
Weighted Average Coupon [1] 3.46%  
Weighted Average Maturity Date [2] Jul. 15, 2038  
Cost Basis $ 296,928  
Investments in real estate debt $ 288,942  
Real Estate Securities    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 57 55
Weighted Average Coupon [1] 3.92% 3.34%
Weighted Average Maturity Date [2] Sep. 19, 2039 Jan. 05, 2041
Cost Basis $ 566,601 $ 465,050
Investments in real estate debt $ 557,346 $ 466,475
Term Loan    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position [3] 1 1
Weighted Average Coupon [1],[3] 5.35% 5.35%
Weighted Average Maturity Date [2],[3] Feb. 26, 2026 Feb. 26, 2026
Cost Basis [3] $ 504,540 $ 504,540
Investments in real estate debt [3] $ 473,994 $ 487,602
CMBS - fixed    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 1 1
Weighted Average Coupon [1] 6.26% 6.26%
Weighted Average Maturity Date [2] Jul. 25, 2039 Jul. 25, 2039
Cost Basis $ 2,507 $ 2,522
Investments in real estate debt $ 2,621 $ 2,701
[1] The term “L” refers to the relevant benchmark rates, which include one-month LIBOR, one-month SOFR and SONIA, as applicable to each security and loan.
[2] Weighted average maturity date is based on the fully extended maturity date of the underlying collateral.
[3] On February 26, 2021, the Company provided financing in the form of a term loan to an unaffiliated entity in connection with its acquisition of a premier United Kingdom holiday company. The loan is in the amount of £360 million and has an initial term of five years, with a two-year extension option. The loan is pre-payable at the option of the borrower at any time.