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Mortgage Notes Receivable - Information pertaining to mortgage notes receivable (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Loans and Leases Receivable Disclosure [Line Items]      
Construction holdbacks $ 22,800    
Total principal outstanding for our mortgage notes receivable held for investment 923,442 [1] $ 911,744 [2]  
Adoption of ASU 2016-13 41,492 [1],[3],[4] 10,394 [2],[5],[6]  
Mortgage notes receivable held for investment, net 881,950 901,350  
Mortgage notes receivables      
Loans and Leases Receivable Disclosure [Line Items]      
Total loan commitments 1,417,325 1,489,055  
Construction holdbacks [7] 452,690 524,462  
Interest reserves 33,633 39,880  
Total principal outstanding for our mortgage notes receivable held for investment 931,002 924,713  
Adoption of ASU 2016-13 [8] 41,492 10,394  
Deferred origination and amendment fees 7,560 12,969  
Mortgage notes receivable held for investment, net 881,950 901,350  
Broadmark Private REIT, LLC      
Loans and Leases Receivable Disclosure [Line Items]      
Construction holdbacks   17,300  
Unfunded Loan Commitment [Member]      
Loans and Leases Receivable Disclosure [Line Items]      
Adoption of ASU 2016-13 [9] 1,474 904 $ 0
Unfunded Loan Commitment [Member] | Accounts payable and accrued liabilities      
Loans and Leases Receivable Disclosure [Line Items]      
Adoption of ASU 2016-13 1,500 900  
Funded And Unfunded Loan Commitment [Member]      
Loans and Leases Receivable Disclosure [Line Items]      
Adoption of ASU 2016-13 $ 42,966 $ 11,298 $ 10,590
[1] Represents LTV as of origination or latest amendment. LTVs above 65% generally represent loans in contractual default status where we have agreed to extend funds to the borrower above 65% in order to facilitate successful completion of the construction and return of capital.
[2] Represents LTV as of origination or latest amendment. LTVs above 65% generally represent loans in contractual default status where we have agreed to extend funds to the borrower above 65% in order to ensure successful completion of the construction and return of capital.
[3] Includes $35.0 million in loan specific allowances for loans deemed collateral dependent based on the excess amortized cost over the fair value of the underlying collateral. In addition, $1.5 million of the CECL allowance is excluded from this table because it relates to unfunded commitments and has been recorded as a liability under accounts payable and accrued liabilities in our consolidated balance sheet.
[4] Represents the year of either origination or amendment where the loan incurred a full re-underwriting in connection with the amendment.
[5] Includes $0.7 million in loan specific allowances for loans deemed collateral dependent based on the excess amortized cost over the fair value of the underlying collateral. In addition, $0.9 million of the CECL allowance is excluded from this table because it relates to unfunded commitments and has been recorded as a liability under accounts payable and accrued liabilities in our consolidated balance sheet.
[6] Includes $0.7 million in loan specific allowances for loans deemed collateral dependent based on the excess amortized cost over the fair value of the underlying collateral. In addition, $0.9 million of the CECL allowance is excluded from this table because it relates to unfunded commitments and has been recorded as a liability under accounts payable and accrued liabilities in our consolidated balance sheet.
[7] As of December 31, 2022 and 2021 this amount includes $22.8 and $17.3 million, respectively, of construction holdbacks for defaulted loans that we are no longer required to pay. These amounts are included in the loan commitment totals.
[8] As of December 31, 2022 and 2021, $1.5 and $0.9 million, respectively, of the CECL allowance is excluded from this table because it relates to unfunded commitments and has been recorded as a liability under accounts payable and accrued liabilities in our consolidated balance sheet.
[9] CECL allowance related to unfunded commitments is presented as a liability under accounts payable and accrued liabilities in our consolidated balance sheet.