Debt Instrument, Reference Rate Floor

No definition available.

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- Definition

Including the current and noncurrent portions, carrying value as of the balance sheet date of a written promise to pay a note, initially due after one year or beyond the operating cycle if longer, which can be exchanged for a specified amount of one or more securities (typically common stock), at the option of the issuer or the holder.

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- Definition

Percentage points added to the reference rate to compute the variable rate on the debt instrument.

+ References

No definition available.

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- Definition

Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.

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- Definition

Amount of assets pledged to secure a debt instrument.

+ References

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- Definition

Contractual interest rate for funds borrowed, under the debt agreement.

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

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- Definition

Face (par) amount of the original debt instrument that was repurchased.

+ References

No definition available.

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- Definition

Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

+ References

No definition available.

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- Definition

Amount, after accumulated amortization, of debt discount.

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- Definition

Nominal or face amount used to calculate payment on derivative.

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- Definition

Amount of the collateral pledged in support of federal home loan bank advances outstanding.

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- Definition

Including both current and noncurrent portions, Federal Home Loan Bank borrowings initially due beyond one year or beyond the normal operating cycle if longer.

+ References

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- Definition

Federal Home Loan Bank (FHLB) stock represents an equity interest in a FHLB. It does not have a readily determinable fair value because its ownership is restricted and it lacks a market (liquidity).

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- Definition

Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity.

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- Definition

Carrying value as of the balance sheet date of [accrued] interest payable on all forms of debt, including trade payables, that has been incurred and is unpaid. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Amount of interest payable on debt, including, but not limited to, trade payables.

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- Definition

Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

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- Definition

Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.

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- Definition

Weighted average interest rate of long-term debt outstanding calculated at point in time.

+ References

No definition available.

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- Definition

The fair value, as of the date of each statement of financial position presented, of real estate which is owned but transferred to serve as collateral for the payment of the related debt obligation, and that is reclassified and separately reported in the statement of financial position because the transferee has the right by contract or custom to sell or re-pledge it.

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- Definition

Amount of cash outflow for repayment of Federal Home Loan Bank (FHLBank) borrowing, classified as financing activity.

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- Definition

The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset.

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Long-Term Debt (Details) - USD ($)		3 Months Ended			9 Months Ended
Long-Term Debt (Details) - USD ($)	Dec. 31, 2019	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2020
Debt Instrument [Line Items]
Repayments for FHLBC borrowings		$ 0			$ 2,000,000,000.00
FHLBC stock	$ 43,393,000	5,000,000			5,000,000
Accrued interest payable	6,000,000	1,000,000			1,000,000
Notional amount	13,589,356,000	2,575,858,000			2,575,858,000
Accrued interest payable	60,655,000	34,225,000			34,225,000
Line of Credit \| Non-Recourse Business Purpose Loan Financing Facility Two
Debt Instrument [Line Items]
Amount outstanding		158,000,000			158,000,000
Unamortized debt issuance costs		1,000,000			1,000,000
Debt instrument face amount		$ 157,000,000			157,000,000
Line of Credit \| Non-Recourse Business Purpose Loan Financing Facility Two \| LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate		3.85%
Reference rate floor		0.50%
Line of Credit \| Non-Recourse Business Purpose Loan Financing Facility One
Debt Instrument [Line Items]
Amount outstanding		$ 302,000,000			302,000,000
Unamortized debt issuance costs		4,000,000			4,000,000
Debt instrument face amount		298,000,000			298,000,000
Maximum borrowing limit			$ 530,000,000
Line of Credit \| Non-Recourse Business Purpose Loan Financing Facility One \| Secured Debt
Debt Instrument [Line Items]
Maximum borrowing limit			355,000,000
Line of Credit \| Non-Recourse Business Purpose Loan Financing Facility One \| Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing limit			$ 175,000,000
Line of Credit \| Non-Recourse Business Purpose Loan Financing Facility One \| LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate			7.50%
Reference rate floor			1.50%
Line of Credit \| Recourse Business Purpose Loan Financing Facility Through September 2023
Debt Instrument [Line Items]
Amount outstanding		0			0
Maximum borrowing limit		$ 250,000,000			250,000,000
Line of Credit \| Recourse Business Purpose Loan Financing Facility Through September 2023 \| LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate		3.00%
Line of Credit \| Recourse Business Purpose Loan Financing Facility
Debt Instrument [Line Items]
Amount outstanding		$ 150,000,000			150,000,000
Unamortized debt issuance costs		1,000,000			1,000,000
Debt instrument face amount		150,000,000			150,000,000
Maximum borrowing limit			$ 350,000,000
Line of Credit \| Recourse Business Purpose Loan Financing Facility \| LIBOR
Debt Instrument [Line Items]
Reference rate floor			1.00%
Line of Credit \| Recourse Business Purpose Loan Financing Facility \| LIBOR \| Minimum
Debt Instrument [Line Items]
Basis spread on variable rate			3.50%
Line of Credit \| Recourse Business Purpose Loan Financing Facility \| LIBOR \| Maximum
Debt Instrument [Line Items]
Basis spread on variable rate			4.00%
Line of Credit \| Recourse Revolving Debt Facility
Debt Instrument [Line Items]
Amount outstanding		0			0
Maximum borrowing limit				$ 50,000,000
Collateral amounts		33,000,000			33,000,000
Line of Credit \| Recourse Revolving Debt Facility \| LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate				2.75%
Bridge Loan \| Non-Recourse Business Purpose Loan Financing Facility Two
Debt Instrument [Line Items]
Pledged assets real estate pledged as collateral, at fair value		216,000,000			216,000,000
Bridge Loan \| Non-Recourse Business Purpose Loan Financing Facility One
Debt Instrument [Line Items]
Pledged assets real estate pledged as collateral, at fair value		369,000,000			369,000,000
Bridge Loan \| Recourse Business Purpose Loan Financing Facility
Debt Instrument [Line Items]
Pledged assets real estate pledged as collateral, at fair value		18,000,000			18,000,000
Loans Payable \| Non-Recourse Business Purpose Loan Financing Facility One
Debt Instrument [Line Items]
Pledged assets real estate pledged as collateral, at fair value		25,000,000			25,000,000
Loans Payable \| Recourse Business Purpose Loan Financing Facility
Debt Instrument [Line Items]
Pledged assets real estate pledged as collateral, at fair value		$ 194,000,000			$ 194,000,000
Convertible Debt \| Exchangeable Senior Notes Due 2025
Debt Instrument [Line Items]
Debt Instrument interest rate		5.75%			5.75%
Unamortized debt issuance costs		$ 4,000,000			$ 4,000,000
Convertible notes		172,000,000			172,000,000
Amount of debt repurchased		29,000,000			29,000,000
Gain (loss) on extinguishment of debt		6,000,000
Accrued interest payable		$ 5,000,000			$ 5,000,000
Convertible Debt \| Senior Notes Due 2024
Debt Instrument [Line Items]
Debt Instrument interest rate		5.625%			5.625%
Unamortized debt issuance costs		$ 2,000,000			$ 2,000,000
Convertible notes		150,000,000			150,000,000
Amount of debt repurchased		50,000,000			50,000,000
Gain (loss) on extinguishment of debt		9,000,000
Accrued interest payable		2,000,000			2,000,000
Unamortized debt discount		$ 1,000,000			$ 1,000,000
Convertible Debt \| Senior Notes Due 2023
Debt Instrument [Line Items]
Debt Instrument interest rate		4.75%			4.75%
Unamortized debt issuance costs		$ 3,000,000			$ 3,000,000
Convertible notes		199,000,000			199,000,000
Amount of debt repurchased		46,000,000			46,000,000
Gain (loss) on extinguishment of debt		10,000,000
Accrued interest payable		1,000,000			1,000,000
Trust Preferred Securities
Debt Instrument [Line Items]
Debt instrument face amount		100,000,000			100,000,000
Subordinated Notes
Debt Instrument [Line Items]
Debt instrument face amount		40,000,000			40,000,000
Trust Preferred Securities and Subordinated Notes
Debt Instrument [Line Items]
Accrued interest payable	1,000,000	1,000,000			1,000,000
FHLB Chicago \| FHLB Member Subsidiary
Debt Instrument [Line Items]
Federal home loan bank advances outstanding	$ 2,000,000,000.00	$ 1,000,000			$ 1,000,000
Weighted average interest rate	1.88%	0.35%			0.35%
Weighted average maturity (in years)	6 years
FHLB Chicago \| Redwood \| Held-for-sale residential loans \| Restricted cash
Debt Instrument [Line Items]
Loans pledged as collateral under borrowing agreement with FHLBC		$ 1,000,000			$ 1,000,000
Affiliated Entity \| Recourse Subordinate Securities Financing Facilities \| Non-Marginable Debt Repurchase Agreement One
Debt Instrument [Line Items]
Debt Instrument interest rate	4.21%
Amount outstanding		180,000,000			180,000,000
Unamortized debt issuance costs		1,000,000			1,000,000
Debt instrument face amount		179,000,000			179,000,000
Affiliated Entity \| Recourse Subordinate Securities Financing Facilities \| Non-Marginable Debt Repurchase Agreement Two
Debt Instrument [Line Items]
Debt Instrument interest rate			4.21%
Amount outstanding		103,000,000			103,000,000
Unamortized debt issuance costs		1,000,000			1,000,000
Debt instrument face amount		102,000,000			102,000,000
Affiliated Entity \| Sequoia Choice \| Recourse Subordinate Securities Financing Facilities \| Non-Marginable Debt Repurchase Agreement One
Debt Instrument [Line Items]
Pledged assets real estate pledged as collateral, at fair value		232,000,000			232,000,000
Affiliated Entity \| CAFL \| Recourse Subordinate Securities Financing Facilities \| Non-Marginable Debt Repurchase Agreement Two
Debt Instrument [Line Items]
Pledged assets real estate pledged as collateral, at fair value		$ 112,000,000			$ 112,000,000