v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Net income (loss) $ 25,215 $ (245,801) $ (7,659) $ (284,343)
Other comprehensive (loss) income        
Reclassification adjustment for realized loss included in income as other income 0 0 410 0
Amount of loss reclassified from other comprehensive income into income as an increase in provision for credit losses 0 0 71,022 0
Total other comprehensive (loss) income (3,058) (11,471) 68,623 (6,516)
Comprehensive income (loss) 22,157 (257,272) 60,964 (290,859)
Comprehensive income allocated to non-controlling interest 23 0 32 0
Comprehensive income (loss) attributable to the Company 22,134 (257,272) 60,932 (290,859)
Unrealized loss on CMBS        
Other comprehensive (loss) income        
Unrealized loss (1,825) (11,471) (843) (6,516)
CLO subordinated note        
Other comprehensive (loss) income        
Unrealized loss $ (1,233) $ 0 $ (1,966) $ 0