Commercial Mortgage Loans, Subordinate Loans and Other Lending Assets, Net - CECL Allowance as Percentage of Amortized Cost and Total Commitment (Details) - USD ($)
$ in Thousands |
|
1 Months Ended |
3 Months Ended |
9 Months Ended |
|
May 24, 2021 |
Dec. 31, 2020 |
Sep. 30, 2022 |
Jun. 30, 2022 |
Mar. 31, 2022 |
Sep. 30, 2021 |
Jun. 30, 2021 |
Mar. 31, 2021 |
Sep. 30, 2022 |
Sep. 30, 2021 |
Dec. 31, 2021 |
| Allowance and Provision for Loan Credit Loss [Abstract] |
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| Beginning balance, specific CECL allowance, funded |
|
|
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|
$ 145,000
|
$ 68,000
|
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|
$ 145,000
|
|
|
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|
| Quarter allowances (reversals), specific CECL allowance, funded |
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|
$ (55,564)
|
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|
(5,766)
|
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|
(37,897)
|
[1] |
$ (36,590)
|
[1] |
|
| Ending balance, specific CECL allowance, funded |
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|
119,000
|
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|
$ 68,000
|
|
119,000
|
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|
| Financing Receivable, Funded, Allowance for Credit Loss [Roll Forward] |
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| Beginning balance, General CECL allowance, funded |
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|
23,362
|
$ 21,377
|
33,588
|
38,199
|
36,435
|
$ 38,102
|
33,588
|
|
38,102
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|
| Quarter allowances (reversals), General CECL allowance, funded |
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|
(1,377)
|
1,985
|
(12,211)
|
(5,515)
|
1,764
|
(1,667)
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|
|
|
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|
| Write-offs, specific CECL allowance, funded |
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0
|
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| Ending balance, General CECL allowance, funded |
|
$ 38,102
|
21,985
|
23,362
|
21,377
|
32,684
|
38,199
|
36,435
|
21,985
|
|
32,684
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|
| Financing Receivable, Unfunded, Allowance for Credit Loss [Roll Forward] |
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| Beginning balance, General CECL allowance, unfunded |
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|
3,999
|
3,928
|
3,106
|
2,444
|
3,794
|
3,365
|
3,106
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|
3,365
|
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|
| Quarter allowances (reversals), General CECL allowance, unfunded |
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(1,187)
|
71
|
822
|
(251)
|
(1,350)
|
429
|
|
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|
| Financing receivable, funded, allowance for write-offs |
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0
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| Ending balance, General CECL allowance, unfunded |
|
3,365
|
2,812
|
3,999
|
3,928
|
2,193
|
2,444
|
3,794
|
2,812
|
|
2,193
|
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|
| Financing Receivable, General Allowance, Allowance for Credit Loss [Roll Forward] |
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| General CECL Allowance |
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27,361
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25,305
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36,694
|
40,643
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40,229
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41,467
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36,694
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|
41,467
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| Total quarter allowances (reversals), General CECL allowance |
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(2,564)
|
2,056
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| Allowance for loan and lease losses, real estate and off-balance sheet, write-offs |
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0
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| General CECL Allowance |
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41,467
|
24,797
|
27,361
|
25,305
|
34,877
|
40,643
|
40,229
|
24,797
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|
34,877
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| Financing Receivable, Total Allowance for Credit Loss [Roll Forward] |
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| Total CECL Allowance |
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199,361
|
200,305
|
181,694
|
185,643
|
215,229
|
216,467
|
181,694
|
|
216,467
|
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|
| Total CECL Allowance, Quarter allowances (reversals) |
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(55,564)
|
(944)
|
18,611
|
(5,766)
|
(19,586)
|
(1,238)
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| Total CECL allowance, Write-offs |
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(10,000)
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| Total CECL Allowance |
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$ 216,467
|
$ 143,797
|
$ 199,361
|
$ 200,305
|
$ 179,877
|
$ 185,643
|
$ 215,229
|
$ 143,797
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|
$ 179,877
|
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|
| General CECL allowance, % of amortized cost |
|
0.67%
|
0.30%
|
0.33%
|
0.32%
|
0.51%
|
0.57%
|
0.62%
|
0.30%
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|
0.51%
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|
0.49%
|
| Total CECL allowance, % of amortized cost |
|
3.23%
|
1.62%
|
2.18%
|
2.34%
|
2.43%
|
2.41%
|
3.06%
|
1.62%
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|
2.43%
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|
2.26%
|
| Specific CECL Allowance, net |
$ 10,000
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|
$ (53,000)
|
$ (10,000)
|
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|
$ 20,000
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|
$ (26,000)
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|
$ (30,000)
|
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|
| Hotel - Atlanta, GA |
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| Financing Receivable, Total Allowance for Credit Loss [Roll Forward] |
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|
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| Decrease in general CECL allowance |
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(2,100)
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| Commercial Mortgage and Subordinated Portfolio Segment |
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| Allowance and Provision for Loan Credit Loss [Abstract] |
|
|
|
|
|
|
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|
|
|
|
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|
| Beginning balance, specific CECL allowance, funded |
|
|
172,000
|
175,000
|
$ 145,000
|
$ 145,000
|
175,000
|
$ 175,000
|
145,000
|
|
175,000
|
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|
| Quarter allowances (reversals), specific CECL allowance, funded |
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|
(53,000)
|
(3,000)
|
30,000
|
0
|
(20,000)
|
0
|
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|
| Write-offs, specific CECL allowance, funded |
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|
(53,000)
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|
(10,000)
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| Ending balance, specific CECL allowance, funded |
|
$ 175,000
|
119,000
|
172,000
|
175,000
|
145,000
|
145,000
|
175,000
|
$ 119,000
|
|
$ 145,000
|
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| Financing Receivable, General Allowance, Allowance for Credit Loss [Roll Forward] |
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| Total quarter allowances (reversals), General CECL allowance |
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|
(11,389)
|
(5,766)
|
414
|
$ (1,238)
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| Financing Receivable, Total Allowance for Credit Loss [Roll Forward] |
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| Specific CECL Allowance, net |
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$ 0
|
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| Commercial Mortgage and Subordinated Portfolio Segment | Residential-for-Sale - Manhattan, NY |
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| Financing Receivable, General Allowance, Allowance for Credit Loss [Roll Forward] |
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| Total quarter allowances (reversals), General CECL allowance |
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|
|
11,400
|
|
|
|
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|
|
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| Financing Receivable, Total Allowance for Credit Loss [Roll Forward] |
|
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|
|
|
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| Specific CECL Allowance, net |
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|
$ 30,000
|
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|
| Commercial Mortgage and Subordinated Portfolio Segment | Multifamily Development - Brooklyn, NY |
|
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|
|
|
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| Financing Receivable, General Allowance, Allowance for Credit Loss [Roll Forward] |
|
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|
|
|
|
|
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| Total quarter allowances (reversals), General CECL allowance |
|
|
|
|
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|
400
|
|
|
|
|
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| Financing Receivable, Total Allowance for Credit Loss [Roll Forward] |
|
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|
|
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| Specific CECL Allowance, net |
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|
10,000
|
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|
$ (20,000)
|
|
|
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| Specific CECL allowance (reversal), net of previously recorded amount |
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|
3,000
|
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|
|
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|
| Commercial Mortgage and Subordinated Portfolio Segment | Hotel - Atlanta, GA |
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| Financing Receivable, Total Allowance for Credit Loss [Roll Forward] |
|
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|
|
|
|
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| Specific CECL Allowance, net |
|
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|
$ 7,000
|
|
|
|
|
|
|
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|
| Commercial Mortgage and Subordinated Portfolio Segment | Urban predevelopment - Miami, FL |
|
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|
|
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| Financing Receivable, General Allowance, Allowance for Credit Loss [Roll Forward] |
|
|
|
|
|
|
|
|
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|
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| Total quarter allowances (reversals), General CECL allowance |
|
|
2,600
|
|
|
|
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|
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| Financing Receivable, Total Allowance for Credit Loss [Roll Forward] |
|
|
|
|
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|
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|
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| Specific CECL Allowance, net |
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|
$ 53,000
|
|
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