Annual report pursuant to Section 13 and 15(d)

DERIVATIVES - Gain (Losses) (Details)

v3.19.3.a.u2
DERIVATIVES - Gain (Losses) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Derivative [Line Items]      
Other income (loss), net $ (56,143) $ (108,234) $ (2,190)
Gain (loss) on settlement of investments, net (129,923) 54,867 (39,214)
Change in fair value of derivative instruments (Note 11) 29,152 (5,324) 0
Total gains (losses) (156,914) (58,691) (41,404)
Gain (loss) on settlement of mortgage loan origination derivative instruments (53,374) 1,234  
Interest Rate Caps      
Derivative [Line Items]      
Other income (loss), net (3) 431 323
Gain (loss) on settlement of investments, net 0 (603) (1,911)
Interest Rate Swaps      
Derivative [Line Items]      
Other income (loss), net (58,918) (108,098) (720)
Gain (loss) on settlement of investments, net (8,671) 65,823 6,921
TBAs      
Derivative [Line Items]      
Other income (loss), net 2,778 (567) (1,793)
Gain (loss) on settlement of investments, net (121,252) (10,353) (44,224)
Change in fair value of derivative instruments (Note 11) 3,067 (5,064) 0
Interest Rate Lock Commitments      
Derivative [Line Items]      
Other income (loss), net 0 0 0
Change in fair value of derivative instruments (Note 11) 26,151 23 0
Forward Loan Sale Commitments      
Derivative [Line Items]      
Other income (loss), net 0 0 0
Change in fair value of derivative instruments (Note 11) $ (66) $ (283) $ 0