v3.22.4
Consolidated Balance Sheets - USD ($) $ in Thousands |
Dec. 31, 2022 |
Dec. 31, 2021 |
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|---|---|---|---|---|
| ASSETS | ||||
| Real estate securities, at fair value | [1] | $ 240,475 | $ 377,411 | |
| Home equity investments | [1] | 403,462 | 192,740 | |
| Other investments | [1] | 390,938 | 449,229 | |
| Cash and cash equivalents | [1] | 258,894 | 450,485 | |
| Restricted cash | [1] | 70,470 | 80,999 | |
| Goodwill | [1] | 23,373 | 0 | |
| Intangible assets | [1] | 40,892 | 41,561 | |
| Derivative assets | [1] | 20,830 | 26,467 | |
| Other assets | [1] | 211,240 | 231,117 | |
| Total Assets | [1] | 13,030,899 | 14,706,944 | |
| Liabilities | ||||
| Short-term debt | [1] | 2,029,679 | 2,177,362 | |
| Derivative liabilities | [1] | 16,855 | 3,317 | |
| Accrued expenses and other liabilities | [1] | 180,203 | 245,788 | |
| Asset-backed securities issued (includes $7,424,132 and $8,843,147 at fair value), net | [1] | 7,986,752 | 9,253,557 | |
| Long-term debt, net | [1] | 1,733,425 | 1,640,833 | |
| Total liabilities | [1] | 11,946,914 | 13,320,857 | |
| Commitments and Contingencies (see Note 17) | [1] | |||
| Equity | ||||
| Common stock, par value $0.01 per share, 395,000,000 shares authorized; 113,484,675 and 114,892,309 issued and outstanding | [1] | 1,135 | 1,149 | |
| Additional paid-in capital | [1] | 2,349,845 | 2,316,799 | |
| Accumulated other comprehensive loss | [1] | (68,868) | (8,927) | |
| Cumulative earnings | [1] | 1,153,370 | 1,316,890 | |
| Cumulative distributions to stockholders | [1] | (2,351,497) | (2,239,824) | |
| Total equity | [1] | 1,083,985 | 1,386,087 | |
| Total Liabilities and Equity | [1] | 13,030,899 | 14,706,944 | |
| Residential loans, held-for-sale, at fair value | ||||
| ASSETS | ||||
| Fair value of loans | [1] | 780,781 | 1,845,282 | |
| Residential loans, held-for-investment, at fair value | ||||
| ASSETS | ||||
| Fair value of loans | [1] | 4,832,407 | 5,747,150 | |
| Business purpose loans, held-for-sale, at fair value | ||||
| ASSETS | ||||
| Fair value of loans | [1] | 364,073 | 358,309 | |
| Business purpose loans, held-for-investment, at fair value | ||||
| ASSETS | ||||
| Fair value of loans | [1] | 4,968,513 | 4,432,680 | |
| Consolidated Agency multifamily loans, at fair value | ||||
| ASSETS | ||||
| Fair value of loans | [1] | $ 424,551 | $ 473,514 | |
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| X | ||||||||||
- Definition Loan Held-for-investment, Amount No definition available.
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- Definition Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Amount of cumulative cash dividends distributed to shareholders. No definition available.
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- Definition Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount of investment in marketable security. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amortized cost, after allowance for credit loss, of financing receivable. Excludes financing receivable covered under loss sharing agreement and net investment in lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of assets classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of investments classified as other. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of long-term debt classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of cash and cash equivalents restricted as to withdrawal or usage. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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