Quarterly report pursuant to Section 13 or 15(d)

Variable Interest Entities (Details)

v3.24.3
Variable Interest Entities (Details)
$ in Thousands
Sep. 30, 2024
USD ($)
repurchaseFacility
Dec. 31, 2023
USD ($)
Variable Interest Entity [Line Items]    
Number of repurchase facilities | repurchaseFacility 1  
Total Assets [1] $ 12,887,842 $ 13,138,800
Term notes payable 0 295,271
Revolving credit facilities 999,171 1,329,171
Accrued interest payable 76,868 141,773
Other liabilities 154,562 225,434
Total Liabilities [1] 10,718,468 10,935,410
Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Note receivable 0 399,317
Restricted cash 42,696 45,642
Accrued interest receivable 0 551
Other assets 86,646 79,749
Total Assets 129,342 525,259
Term notes payable 0 399,317
Revolving credit facilities 59,300 34,300
Accrued interest payable 403 816
Other liabilities 42,293 45,377
Total Liabilities $ 101,996 $ 479,810
[1] The condensed consolidated balance sheets include assets and liabilities of consolidated variable interest entities, or VIEs. At September 30, 2024 and December 31, 2023, assets of the VIEs totaled $129,342 and $525,259, and liabilities of the VIEs totaled $101,996 and $479,810, respectively. See Note 4 - Variable Interest Entities for additional information.