v3.22.2.2
Commercial Mortgage Loans, Subordinate Loans and Other Lending Assets, Net - Activity Relating to Loan Investment Portfolio (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Aug. 03, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Principal Balance                  
Principal value, beginning balance $ 7,890,848                
Principal value, ending balance 8,753,291                
Specific CECL Allowance                  
Specific provision for loan loss, beginning (145,000)                
Specific provision for loan loss, ending (119,000)                
Carry Value, Net                  
Transfer to real estate owned, held for sale 156,201 $ 0              
General CECL allowance (21,985)         $ (33,588)      
Carrying value, net 8,731,306   $ 226,500     7,857,260      
General CECL Allowance on unfunded commitments 2,812 2,193   $ 3,999 $ 3,928 3,106 $ 2,444 $ 3,794 $ 3,365
Commercial Mortgage and Subordinated Portfolio Segment                  
Principal Balance                  
Principal value, beginning balance 8,072,377                
New funding of loans 2,753,609                
Add-on loan fundings 493,027                
Loan repayments and sales (1,511,311)                
Gain (loss) on foreign currency translation (675,007)                
Transfer to real estate owned (225,036)                
PIK interest and amortization of fees 16,149                
Principal value, ending balance 8,923,808                
Deferred Fees/Other Items                  
Deferred fees/other items, beginning (36,529)                
Gain (loss) on foreign currency translation 6,425                
Transfer to real estate owned (1,423)                
Deferred fees and other items (42,779)                
PIK interest and amortization of fees 22,789                
Deferred fees/other items, ending (51,517)                
Specific CECL Allowance                  
Specific provision for loan loss, beginning (145,000) (175,000)              
Specific provision for loan loss, ending (119,000) $ (145,000)              
Carry Value, Net                  
Carrying value, beginning balance 7,890,848                
New funding of loans 2,753,609                
Add-on loan fundings 493,027                
Loan repayments and sales (1,511,311)                
Gain (loss) on foreign currency translation (668,582)                
Specific CECL Allowance, net 26,000                
Transfer to real estate owned, held for sale (226,459)                
Deferred fees and other items (42,779)                
PIK interest and amortization of fees 38,938                
Carrying value, ending balance 8,753,291                
Carrying value, net $ 206,800         $ 97,800