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Fair Value - Narrative (Details)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Aug. 07, 2020
USD ($)
Jun. 30, 2020
USD ($)
measurement_input
loan
Mar. 31, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
measurement_input
loan
Jun. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
measurement_input
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Unrealized (gain) loss on mortgage loans and obligations held in securitization trusts, net   $ 8,975   $ (5,549) $ 28,427 $ (6,578)  
Allowance for loan losses             $ 272,600
Effect of CECL adoption         21,093 0  
Provision for loan losses   (51)   110,258 69,881 110,258  
Core              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Unrealized (gain) loss on mortgage loans and obligations held in securitization trusts, net   8,975   (5,549) $ 28,427 (6,578)  
Number of loans | loan         1    
Provision for loan losses   38,000          
Core | Subsequent event              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Proceeds from sale of receivables $ 105,200            
Core | West Hospitality              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Gain (loss) on sales of loans, net   (32,800)          
Allowance for loan losses     $ 5,200        
Effect of CECL adoption     2,600        
Provision for loan losses     $ 2,600        
Core | West Hospitality | Subsequent event              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Gain (loss) on sales of loans, net (300)            
Proceeds from sale of receivables $ 105,200            
Legacy, Non-Strategic              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Impairment on real estate properties   $ 25,900     $ 25,900    
CECL reserve on Loans and preferred equity held for investment, net | Core              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Number of loans individually evaluated for impairment | loan   2     2    
Terminal Capitalization Rate | Minimum | Legacy, Non-Strategic              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Real estate investment property, net, measurement input (in percentage)   0.06     0.06    
Terminal Capitalization Rate | Maximum | Legacy, Non-Strategic              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Real estate investment property, net, measurement input (in percentage)   0.16     0.16    
Nonrecurring              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Provision for loan losses   $ 37,957   0 $ 107,908 0  
Nonrecurring | Loans held for sale              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Provision for loan losses   32,840   0 69,415 0  
Nonrecurring | CECL reserve on Loans and preferred equity held for investment, net              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Provision for loan losses   $ 5,117   $ 0 $ 38,493 $ 0  
Level 3 | Recurring | Investments in unconsolidated ventures - PE Investments | Discount Rate | Minimum              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
PE investment, measurement input | measurement_input   0.110     0.110    
Level 3 | Recurring | Investments in unconsolidated ventures - PE Investments | Discount Rate | Maximum              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
PE investment, measurement input | measurement_input   0.120     0.120    
Level 3 | Recurring | Mortgage obligations issued by securitization trusts | Measurement Input, Yield | Minimum              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Discount rate | measurement_input   0.142     0.142   0.150
Level 3 | Recurring | Mortgage obligations issued by securitization trusts | Measurement Input, Yield | Maximum              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Discount rate | measurement_input   0.360     0.360   0.161
Level 3 | Recurring | Mortgage obligations issued by securitization trusts | Measurement Input, Expected Term | Weighted average              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Weighted average expected maturity of CRE securities         5 years 6 months   5 years 4 months 24 days