XML 62 R48.htm IDEA: XBRL DOCUMENT v3.24.2.u1
INVESTMENTS IN LOANS AND SECURITIES - Allowance for Credit Losses (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]        
Balance at beginning of period $ (126,360) $ (68,347) $ (100,958) $ 0
Additions to allowance for credit losses not previously recorded (23,628) (12,643) (26,593) (85,613)
Additions to allowance for credit losses arising from purchases 0   (3,246)  
Additions (reductions) on securities with previous allowance (29,434)   (50,074)  
Write-offs charged against the allowance 850 2,663 2,299 7,286
Recoveries of amounts previously written off     442  
Balance at end of period (178,130) (78,327) (178,130) (78,327)
Securitization notes        
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]        
Balance at beginning of period 0 0 0 0
Additions to allowance for credit losses not previously recorded 0 0 0 0
Additions to allowance for credit losses arising from purchases 0   0  
Additions (reductions) on securities with previous allowance 0   0  
Write-offs charged against the allowance 0 0 0 0
Recoveries of amounts previously written off     0  
Balance at end of period 0 0 0 0
Securitization certificates        
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]        
Balance at beginning of period (121,349) (65,572) (98,679) 0
Additions to allowance for credit losses not previously recorded (23,628) (8,715) (26,593) (74,287)
Additions to allowance for credit losses arising from purchases 0   0  
Additions (reductions) on securities with previous allowance (29,100)   (48,805)  
Write-offs charged against the allowance 0 0 0 0
Recoveries of amounts previously written off     0  
Balance at end of period (174,077) (74,287) (174,077) (74,287)
Other loans and receivables        
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]        
Balance at beginning of period (5,011) (2,775) (2,279) 0
Additions to allowance for credit losses not previously recorded 0 (3,928) 0 (11,326)
Additions to allowance for credit losses arising from purchases 0   (3,246)  
Additions (reductions) on securities with previous allowance (334)   (1,269)  
Write-offs charged against the allowance 850 2,663 2,299 7,286
Recoveries of amounts previously written off     442  
Balance at end of period $ (4,053) $ (4,040) $ (4,053) $ (4,040)