$cmtg 2024 Q2 10-Q

Concept	2024 Q2	2024 Q1
Revenue	$64.49M	$58.83M
YoY Change	-67.85%	-14.87%
Cost Of Revenue	$122.2M	$125.1M
YoY Change	1167.88%	1015.94%
Gross Profit	$55.48M	$49.62M
YoY Change	-70.95%	-69.73%
Gross Profit Margin	86.03%	84.34%
Selling, General & Admin	$22.70M	$21.11M
YoY Change	-63.16%	40.27%
% of Gross Profit	40.92%	42.55%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.400M	$2.400M
YoY Change	14.72%	14.29%
% of Gross Profit	4.33%	4.84%
Operating Expenses	$41.21M	$39.25M
YoY Change	-35.34%	6.06%
Operating Profit	$14.27M	$10.37M
YoY Change	-88.78%	-91.83%
Interest Expense	$113.2M	$115.9M
YoY Change	-194.89%	4.0%
% of Operating Profit	793.45%	1118.27%
Other Income/Expense, Net
YoY Change
Pretax Income	-$11.55M	-$52.80M
YoY Change	-371.67%	-243.94%
Income Tax
% Of Pretax Income
Net Earnings	-$11.55M	-$52.80M
YoY Change	-480.57%	-243.94%
Net Earnings / Revenue	-17.92%	-89.75%
Basic Earnings Per Share	-$0.09	-$0.39
Diluted Earnings Per Share	-$0.09	-$0.39
COMMON SHARES
Basic Shares Outstanding	138.7M	138.7M
Diluted Shares Outstanding	139.1M	138.8M

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$148.2M	$232.5M
YoY Change	-41.43%	-45.48%
Cash & Equivalents	$148.2M	$232.5M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$148.2M	$232.5M
YoY Change	-41.43%	-45.48%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$42.40M	$42.44M
YoY Change	-0.35%	-2.31%
Other Assets	$21.19M	$19.26M
YoY Change	-33.87%	-51.37%
Total Long-Term Assets	$7.436B	$7.523B
YoY Change	-8.73%	-6.63%
TOTAL ASSETS
Total Short-Term Assets	$148.2M	$232.5M
Total Long-Term Assets	$7.436B	$7.523B
Total Assets	$7.585B	$7.756B
YoY Change	-9.71%	-8.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$4.946B	$5.073B
YoY Change	-7.07%	-5.45%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$5.034B	$5.162B
YoY Change	-7.58%	-5.92%
LONG-TERM LIABILITIES
Long-Term Debt	$379.4M	$378.2M
YoY Change	-31.49%	-31.67%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$379.4M	$378.2M
YoY Change	-31.49%	-31.67%
TOTAL LIABILITIES
Total Short-Term Liabilities	$5.034B	$5.162B
Total Long-Term Liabilities	$379.4M	$378.2M
Total Liabilities	$5.413B	$5.540B
YoY Change	-9.78%	-8.28%
SHAREHOLDERS EQUITY
Retained Earnings	-$562.2M	-$515.1M
YoY Change	75.07%	88.71%
Common Stock	$1.390M	$1.387M
YoY Change	-0.71%	-0.93%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.171B	$2.216B
YoY Change
Total Liabilities & Shareholders Equity	$7.585B	$7.756B
YoY Change	-9.71%	-8.59%

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	-$11.55M	-$52.80M
YoY Change	-480.57%	-243.94%
Depreciation, Depletion And Amortization	$2.400M	$2.400M
YoY Change	14.72%	14.29%
Cash From Operating Activities	$5.525M	$21.49M
YoY Change	-75.34%	10.16%
INVESTING ACTIVITIES
Capital Expenditures	$116.0K	$465.0K
YoY Change	-69.47%	-31.21%
Acquisitions
YoY Change
Other Investing Activities	$80.55M	$287.1M
YoY Change	-175.92%	-396.11%
Cash From Investing Activities	$80.44M	$286.6M
YoY Change	-175.54%	-393.58%
FINANCING ACTIVITIES
Cash Dividend Paid		$35.33M
YoY Change		-32.06%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-168.3M	-271.2M
YoY Change	73.66%	-238.33%
NET CHANGE
Cash From Operating Activities	5.525M	21.49M
Cash From Investing Activities	80.44M	286.6M
Cash From Financing Activities	-168.3M	-271.2M
Net Change In Cash	-82.37M	36.88M
YoY Change	-54.49%	-68.73%
FREE CASH FLOW
Cash From Operating Activities	$5.525M	$21.49M
Capital Expenditures	$116.0K	$465.0K
Free Cash Flow	$5.409M	$21.02M
YoY Change	-75.44%	11.64%

Frame	Concept Type	Concept / XBRL Key	Value
CY2024Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2024Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2024Q1	dei	Amendment Flag AmendmentFlag	false
CY2024Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001666291
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2021Q1	us-gaap	Investment Type Extensible Enumeration InvestmentTypeExtensibleEnumeration	http://fasb.org/us-gaap/2023#RealEstateInvestmentMember
CY2024Q1	dei	Document Type DocumentType	10-Q
CY2024Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2024Q1	dei	Document Period End Date DocumentPeriodEndDate	2024-03-31
CY2024Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2024Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2024Q1	dei	Entity File Number EntityFileNumber	001-40993
CY2024Q1	dei	Entity Registrant Name EntityRegistrantName	Claros Mortgage Trust, Inc.
CY2024Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2024Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	47-4074900
CY2024Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	c/o Mack Real Estate Credit Strategies, L.P.
CY2024Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	60 Columbus Circle
CY2024Q1	dei	Entity Address Address Line3 EntityAddressAddressLine3	20th Floor
CY2024Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	New York
CY2024Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	NY
CY2024Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	10023
CY2024Q1	dei	City Area Code CityAreaCode	212
CY2024Q1	dei	Local Phone Number LocalPhoneNumber	484-0050
CY2024Q1	dei	Security12b Title Security12bTitle	Common Stock, $0.01 par value per share
CY2024Q1	dei	Trading Symbol TradingSymbol	CMTG
CY2024Q1	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2024Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2024Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2024Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2024Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2024Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2024Q1	dei	Entity Shell Company EntityShellCompany	false
CY2024Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	138746691
CY2024Q1	cmtg	Real Estate Owned Interest Expense RealEstateOwnedInterestExpense	6329000
CY2023Q1	cmtg	Real Estate Owned Interest Expense RealEstateOwnedInterestExpense	5444000
CY2024Q1	cmtg	Real Estate Owned Depreciation And Amortization Expenses RealEstateOwnedDepreciationAndAmortizationExpenses	2599000
CY2023Q1	cmtg	Real Estate Owned Depreciation And Amortization Expenses RealEstateOwnedDepreciationAndAmortizationExpenses	2058000
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	39248000
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	37005000
CY2024Q1	cmtg	Realized Gain Loss From Derivatives RealizedGainLossFromDerivatives	865000
CY2023Q1	cmtg	Realized Gain Loss From Derivatives RealizedGainLossFromDerivatives	1183000
CY2024Q1	us-gaap	Unrealized Gain Loss On Cash Flow Hedging Instruments UnrealizedGainLossOnCashFlowHedgingInstruments	-998000
CY2023Q1	us-gaap	Unrealized Gain Loss On Cash Flow Hedging Instruments UnrealizedGainLossOnCashFlowHedgingInstruments	-1404000
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-35000
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1563000
CY2024Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-2244000
CY2024Q1	cmtg	Provision For Reversal Of Current Expected Credit Loss ProvisionForReversalOfCurrentExpectedCreditLoss	69960000
CY2022Q3	cmtg	Provision For Reversal Of Current Expected Credit Loss ProvisionForReversalOfCurrentExpectedCreditLoss	3239000
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-52795000
CY2023Q1	us-gaap	Profit Loss ProfitLoss	36678000
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.39
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.39
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.26
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.26
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	138791113
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	138791113
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	138385810
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	138385810
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2299900000
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	4400000
CY2024Q1	us-gaap	Dividends Common Stock DividendsCommonStock	35622000
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.39
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	138791113
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	138746691
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	232514000
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	187301000
CY2024Q1	us-gaap	Restricted Cash RestrictedCash	19256000
CY2023Q4	us-gaap	Restricted Cash RestrictedCash	27588000
CY2024Q1	cmtg	Loan Principal Payments Held By Servicer LoanPrincipalPaymentsHeldByServicer	0
CY2023Q4	cmtg	Loan Principal Payments Held By Servicer LoanPrincipalPaymentsHeldByServicer	11000000
CY2024Q1	cmtg	Loans Receivable Held For Investment Gross LoansReceivableHeldForInvestmentGross	6806606000
CY2023Q4	cmtg	Loans Receivable Held For Investment Gross LoansReceivableHeldForInvestmentGross	7020383000
CY2024Q1	cmtg	Loans Receivable Held For Investment Current Expected Credit Loss Reserve LoansReceivableHeldForInvestmentCurrentExpectedCreditLossReserve	171335000
CY2023Q4	cmtg	Loans Receivable Held For Investment Current Expected Credit Loss Reserve LoansReceivableHeldForInvestmentCurrentExpectedCreditLossReserve	142958000
CY2024Q1	cmtg	Loans Receivable Held For Investment Net LoansReceivableHeldForInvestmentNet	6635271000
CY2023Q4	cmtg	Loans Receivable Held For Investment Net LoansReceivableHeldForInvestmentNet	6877425000
CY2024Q1	us-gaap	Loans Receivable Held For Sale Amount LoansReceivableHeldForSaleAmount	172177000
CY2023Q4	us-gaap	Loans Receivable Held For Sale Amount LoansReceivableHeldForSaleAmount	261709000
CY2024Q1	us-gaap	Equity Method Investments EquityMethodInvestments	42439000
CY2023Q4	us-gaap	Equity Method Investments EquityMethodInvestments	42474000
CY2024Q1	us-gaap	Real Estate Investments RealEstateInvestments	521025000
CY2023Q4	us-gaap	Real Estate Investments RealEstateInvestments	522959000
CY2024Q1	us-gaap	Other Assets OtherAssets	133135000
CY2023Q4	us-gaap	Other Assets OtherAssets	138905000
CY2024Q1	us-gaap	Assets Assets	7755817000
CY2023Q4	us-gaap	Assets Assets	8069361000
CY2024Q1	us-gaap	Secured Debt Repurchase Agreements SecuredDebtRepurchaseAgreements	3601284000
CY2023Q4	us-gaap	Secured Debt Repurchase Agreements SecuredDebtRepurchaseAgreements	3805678000
CY2024Q1	cmtg	Term Participation Facility TermParticipationFacility	497225000
CY2023Q4	cmtg	Term Participation Facility TermParticipationFacility	465434000
CY2024Q1	us-gaap	Participating Mortgage Loans Participation Liabilities Amount ParticipatingMortgageLoansParticipationLiabilitiesAmount	100633000
CY2023Q4	us-gaap	Participating Mortgage Loans Participation Liabilities Amount ParticipatingMortgageLoansParticipationLiabilitiesAmount	120508000
CY2024Q1	us-gaap	Notes Payable NotesPayable	262164000
CY2023Q4	us-gaap	Notes Payable NotesPayable	283341000
CY2024Q1	us-gaap	Secured Long Term Debt SecuredLongTermDebt	711876000
CY2023Q4	us-gaap	Secured Long Term Debt SecuredLongTermDebt	712576000
CY2024Q1	cmtg	Debt Related To Real Estate Owned Net DebtRelatedToRealEstateOwnedNet	277550000
CY2023Q4	cmtg	Debt Related To Real Estate Owned Net DebtRelatedToRealEstateOwnedNet	289913000
CY2024Q1	us-gaap	Other Liabilities OtherLiabilities	44370000
CY2023Q4	us-gaap	Other Liabilities OtherLiabilities	47368000
CY2024Q1	cmtg	Dividends Payable Common Stock Redeemable Common Stock And Vested Restricted DividendsPayableCommonStockRedeemableCommonStockAndVestedRestricted	35622000
CY2023Q4	cmtg	Dividends Payable Common Stock Redeemable Common Stock And Vested Restricted DividendsPayableCommonStockRedeemableCommonStockAndVestedRestricted	35328000
CY2024Q1	us-gaap	Management Fee Payable ManagementFeePayable	9210000
CY2023Q4	us-gaap	Management Fee Payable ManagementFeePayable	9315000
CY2024Q1	us-gaap	Liabilities Liabilities	5539934000
CY2023Q4	us-gaap	Liabilities Liabilities	5769461000
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	138745357
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	138746691
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	138745357
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	1387000
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	1387000
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	2729617000
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	2725217000
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-515121000
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-426704000
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2215883000
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2299900000
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7755817000
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	8069361000
CY2024Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	160845000
CY2023Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	164166000
CY2024Q1	cmtg	Interest Expense Excludes Interest Expense From Real Estate Owned Debt InterestExpenseExcludesInterestExpenseFromRealEstateOwnedDebt	115931000
CY2023Q1	cmtg	Interest Expense Excludes Interest Expense From Real Estate Owned Debt InterestExpenseExcludesInterestExpenseFromRealEstateOwnedDebt	106027000
CY2024Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	44914000
CY2023Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	58139000
CY2024Q1	cmtg	Real Estate Owned Operating Revenue RealEstateOwnedOperatingRevenue	13911000
CY2023Q1	cmtg	Real Estate Owned Operating Revenue RealEstateOwnedOperatingRevenue	10963000
CY2024Q1	us-gaap	Revenues Revenues	58825000
CY2023Q1	us-gaap	Revenues Revenues	69102000
CY2024Q1	us-gaap	Management Fee Expense ManagementFeeExpense	9210000
CY2023Q1	us-gaap	Management Fee Expense ManagementFeeExpense	9656000
CY2023Q1	us-gaap	Incentive Fee Expense IncentiveFeeExpense	1558000
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3877000
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4923000
CY2024Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	4353000
CY2023Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	3366000
CY2024Q1	cmtg	Real Estate Owned Operating Expenses RealEstateOwnedOperatingExpenses	12880000
CY2023Q1	cmtg	Real Estate Owned Operating Expenses RealEstateOwnedOperatingExpenses	10000000
CY2024Q1	cmtg	Real Estate Owned Interest Expense RealEstateOwnedInterestExpense	6329000
CY2023Q1	cmtg	Real Estate Owned Interest Expense RealEstateOwnedInterestExpense	5444000
CY2024Q1	cmtg	Real Estate Owned Depreciation And Amortization Expenses RealEstateOwnedDepreciationAndAmortizationExpenses	2599000
CY2023Q1	cmtg	Real Estate Owned Depreciation And Amortization Expenses RealEstateOwnedDepreciationAndAmortizationExpenses	2058000
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	39248000
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	37005000
CY2024Q1	cmtg	Realized Gain Loss From Derivatives RealizedGainLossFromDerivatives	865000
CY2023Q1	cmtg	Realized Gain Loss From Derivatives RealizedGainLossFromDerivatives	1183000
CY2024Q1	us-gaap	Unrealized Gain Loss On Cash Flow Hedging Instruments UnrealizedGainLossOnCashFlowHedgingInstruments	-998000
CY2023Q1	us-gaap	Unrealized Gain Loss On Cash Flow Hedging Instruments UnrealizedGainLossOnCashFlowHedgingInstruments	-1404000
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-35000
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1563000
CY2024Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-2244000
CY2024Q1	cmtg	Provision For Reversal Of Current Expected Credit Loss ProvisionForReversalOfCurrentExpectedCreditLoss	69960000
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	138385810
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	138385810
CY2022Q3	cmtg	Provision For Reversal Of Current Expected Credit Loss ProvisionForReversalOfCurrentExpectedCreditLoss	3239000
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-52795000
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.39
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2299900000
CY2024Q1	us-gaap	Dividends Common Stock DividendsCommonStock	35622000
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-52795000
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-52795000
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2215883000
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2215883000
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2456471000
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2456471000
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3409000
CY2023Q1	us-gaap	Dividends Common Stock DividendsCommonStock	52404000
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	36678000
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2444154000
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-52795000
CY2023Q1	us-gaap	Profit Loss ProfitLoss	36678000
CY2024Q1	cmtg	Accretion Of Origination Fees On Loans Receivable Net AccretionOfOriginationFeesOnLoansReceivableNet	4633000
CY2023Q1	cmtg	Accretion Of Origination Fees On Loans Receivable Net AccretionOfOriginationFeesOnLoansReceivableNet	5247000
CY2024Q1	cmtg	Amortization Of Deferred Financing Costs AmortizationOfDeferredFinancingCosts	5307000
CY2023Q1	cmtg	Amortization Of Deferred Financing Costs AmortizationOfDeferredFinancingCosts	5967000
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	4400000
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3409000
CY2024Q1	cmtg	Depreciation And Amortization On Real Estate Owned And In Place Lease Values DepreciationAndAmortizationOnRealEstateOwnedAndInPlaceLeaseValues	2599000
CY2023Q1	cmtg	Depreciation And Amortization On Real Estate Owned And In Place Lease Values DepreciationAndAmortizationOnRealEstateOwnedAndInPlaceLeaseValues	2058000
CY2024Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	354000
CY2024Q1	us-gaap	Unrealized Gain Loss On Cash Flow Hedging Instruments UnrealizedGainLossOnCashFlowHedgingInstruments	-998000
CY2023Q1	us-gaap	Unrealized Gain Loss On Cash Flow Hedging Instruments UnrealizedGainLossOnCashFlowHedgingInstruments	-1404000
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-35000
CY2024Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-2244000
CY2024Q1	cmtg	Noncash Advances To Loans Receivable In Lieu Of Interest NoncashAdvancesToLoansReceivableInLieuOfInterest	-11434000
CY2023Q1	cmtg	Noncash Advances To Loans Receivable In Lieu Of Interest NoncashAdvancesToLoansReceivableInLieuOfInterest	-22376000
CY2024Q1	cmtg	Noncash Advances On Secured Financings In Lieu Of Interest NoncashAdvancesOnSecuredFinancingsInLieuOfInterest	1979000
CY2023Q1	cmtg	Noncash Advances On Secured Financings In Lieu Of Interest NoncashAdvancesOnSecuredFinancingsInLieuOfInterest	478000
CY2024Q1	cmtg	Repayment Of Noncash Advances To Loans Receivable In Lieu Of Interest RepaymentOfNoncashAdvancesToLoansReceivableInLieuOfInterest	1371000
CY2023Q1	cmtg	Repayment Of Noncash Advances To Loans Receivable In Lieu Of Interest RepaymentOfNoncashAdvancesToLoansReceivableInLieuOfInterest	2114000
CY2024Q1	cmtg	Provision For Reversal Of Current Expected Credit Loss ProvisionForReversalOfCurrentExpectedCreditLoss	69960000
CY2023Q1	cmtg	Provision For Reversal Of Current Expected Credit Loss ProvisionForReversalOfCurrentExpectedCreditLoss	-3239000
CY2024Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-3407000
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	2648000
CY2024Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-2199000
CY2023Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	1125000
CY2024Q1	cmtg	Increase Decrease In Management Fee Payable Affiliate IncreaseDecreaseInManagementFeePayableAffiliate	-105000
CY2023Q1	cmtg	Increase Decrease In Management Fee Payable Affiliate IncreaseDecreaseInManagementFeePayableAffiliate	-211000
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	19507000
CY2024Q1	cmtg	Payments For Loan Originations Acquisitions And Advances Net Of Fees PaymentsForLoanOriginationsAcquisitionsAndAdvancesNetOfFees	131920000
CY2023Q1	cmtg	Payments For Loan Originations Acquisitions And Advances Net Of Fees PaymentsForLoanOriginationsAcquisitionsAndAdvancesNetOfFees	305658000
CY2024Q1	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	155789000
CY2023Q1	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	207761000
CY2024Q1	us-gaap	Proceeds From Sale Of Loans Receivable ProceedsFromSaleOfLoansReceivable	261709000
CY2024Q1	cmtg	Extension And Exit Fees Received From Loans Receivable ExtensionAndExitFeesReceivedFromLoansReceivable	1502000
CY2023Q1	cmtg	Extension And Exit Fees Received From Loans Receivable ExtensionAndExitFeesReceivedFromLoansReceivable	948000
CY2024Q1	cmtg	Payments For Reserves Held For Loans Receivable PaymentsForReservesHeldForLoansReceivable	5000
CY2024Q1	cmtg	Capital Expenditures On Real Estate Assets CapitalExpendituresOnRealEstateAssets	-465000
CY2023Q1	cmtg	Capital Expenditures On Real Estate Assets CapitalExpendituresOnRealEstateAssets	-676000
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	286610000
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-97625000
CY2024Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	35328000
CY2023Q1	us-gaap	Dividends Common Stock DividendsCommonStock	52404000
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	36678000
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2444154000
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-52795000
CY2023Q1	us-gaap	Profit Loss ProfitLoss	36678000
CY2024Q1	cmtg	Accretion Of Origination Fees On Loans Receivable Net AccretionOfOriginationFeesOnLoansReceivableNet	4633000
CY2023Q1	cmtg	Accretion Of Origination Fees On Loans Receivable Net AccretionOfOriginationFeesOnLoansReceivableNet	5247000
CY2024Q1	cmtg	Amortization Of Deferred Financing Costs AmortizationOfDeferredFinancingCosts	5307000
CY2023Q1	cmtg	Amortization Of Deferred Financing Costs AmortizationOfDeferredFinancingCosts	5967000
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	4400000
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3409000
CY2023Q1	cmtg	Depreciation And Amortization On Real Estate Owned And In Place Lease Values DepreciationAndAmortizationOnRealEstateOwnedAndInPlaceLeaseValues	2058000
CY2024Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	354000
CY2024Q1	us-gaap	Unrealized Gain Loss On Cash Flow Hedging Instruments UnrealizedGainLossOnCashFlowHedgingInstruments	-998000
CY2023Q1	us-gaap	Unrealized Gain Loss On Cash Flow Hedging Instruments UnrealizedGainLossOnCashFlowHedgingInstruments	-1404000
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-35000
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1563000
CY2024Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-2244000
CY2024Q1	cmtg	Noncash Advances To Loans Receivable In Lieu Of Interest NoncashAdvancesToLoansReceivableInLieuOfInterest	-11434000
CY2023Q1	cmtg	Noncash Advances To Loans Receivable In Lieu Of Interest NoncashAdvancesToLoansReceivableInLieuOfInterest	-22376000
CY2024Q1	cmtg	Noncash Advances On Secured Financings In Lieu Of Interest NoncashAdvancesOnSecuredFinancingsInLieuOfInterest	1979000
CY2023Q1	cmtg	Noncash Advances On Secured Financings In Lieu Of Interest NoncashAdvancesOnSecuredFinancingsInLieuOfInterest	478000
CY2024Q1	cmtg	Repayment Of Noncash Advances To Loans Receivable In Lieu Of Interest RepaymentOfNoncashAdvancesToLoansReceivableInLieuOfInterest	1371000
CY2024Q1	cmtg	Provision For Reversal Of Current Expected Credit Loss ProvisionForReversalOfCurrentExpectedCreditLoss	69960000
CY2023Q1	cmtg	Provision For Reversal Of Current Expected Credit Loss ProvisionForReversalOfCurrentExpectedCreditLoss	-3239000
CY2024Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-3407000
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	2648000
CY2024Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-2199000
CY2023Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	1125000
CY2024Q1	cmtg	Increase Decrease In Management Fee Payable Affiliate IncreaseDecreaseInManagementFeePayableAffiliate	-105000
CY2023Q1	cmtg	Increase Decrease In Management Fee Payable Affiliate IncreaseDecreaseInManagementFeePayableAffiliate	-211000
CY2023Q1	cmtg	Increase Decrease In Incentive Fee Payable Affiliate IncreaseDecreaseInIncentiveFeePayableAffiliate	1558000
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	21488000
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	19507000
CY2024Q1	cmtg	Payments For Loan Originations Acquisitions And Advances Net Of Fees PaymentsForLoanOriginationsAcquisitionsAndAdvancesNetOfFees	131920000
CY2023Q1	cmtg	Payments For Loan Originations Acquisitions And Advances Net Of Fees PaymentsForLoanOriginationsAcquisitionsAndAdvancesNetOfFees	305658000
CY2024Q1	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	155789000
CY2023Q1	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	207761000
CY2024Q1	us-gaap	Proceeds From Sale Of Loans Receivable ProceedsFromSaleOfLoansReceivable	261709000
CY2024Q1	cmtg	Extension And Exit Fees Received From Loans Receivable ExtensionAndExitFeesReceivedFromLoansReceivable	1502000
CY2023Q1	cmtg	Extension And Exit Fees Received From Loans Receivable ExtensionAndExitFeesReceivedFromLoansReceivable	948000
CY2024Q1	cmtg	Payments For Reserves Held For Loans Receivable PaymentsForReservesHeldForLoansReceivable	5000
CY2024Q1	cmtg	Capital Expenditures On Real Estate Assets CapitalExpendituresOnRealEstateAssets	-465000
CY2023Q1	cmtg	Capital Expenditures On Real Estate Assets CapitalExpendituresOnRealEstateAssets	-676000
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	286610000
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-97625000
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	52001000
CY2024Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	155487000
CY2023Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	603173000
CY2024Q1	cmtg	Payment Of Deferred Financing Costs PaymentOfDeferredFinancingCosts	5981000
CY2023Q1	cmtg	Payment Of Deferred Financing Costs PaymentOfDeferredFinancingCosts	4215000
CY2024Q1	cmtg	Purchase Of Interest Rate Cap PurchaseOfInterestRateCap	-508000
CY2024Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	372980000
CY2024Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	35328000
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	52001000
CY2024Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	155487000
CY2023Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	603173000
CY2024Q1	cmtg	Payment Of Deferred Financing Costs PaymentOfDeferredFinancingCosts	5981000
CY2023Q1	cmtg	Payment Of Deferred Financing Costs PaymentOfDeferredFinancingCosts	4215000
CY2024Q1	cmtg	Purchase Of Interest Rate Cap PurchaseOfInterestRateCap	-508000
CY2024Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	372980000
CY2024Q1	cmtg	Repayments Of Secured Term Loan RepaymentsOfSecuredTermLoan	1907000
CY2023Q1	cmtg	Repayments Of Secured Term Loan RepaymentsOfSecuredTermLoan	1907000
CY2024Q1	cmtg	Repayments Of Debt Related To Real Estate Owned RepaymentsOfDebtRelatedToRealEstateOwned	10000000
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-271217000
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	196060000
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	36881000
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	117942000
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	214889000
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	348159000
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	251770000
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	466101000
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	232514000
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	426503000
CY2024Q1	us-gaap	Restricted Cash RestrictedCash	19256000
CY2023Q1	us-gaap	Restricted Cash RestrictedCash	39598000
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	251770000
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	466101000
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	116590000
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	102755000
CY2024Q1	cmtg	Dividends Accrued DividendsAccrued	35622000
CY2023Q1	cmtg	Dividends Accrued DividendsAccrued	52404000
CY2023Q1	cmtg	Loan Principal Payment Held By Servicer LoanPrincipalPaymentHeldByServicer	912000
CY2023Q1	cmtg	Accrued Deferred Financing Costs AccruedDeferredFinancingCosts	3750000
CY2023Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	348990000
CY2024Q1	cmtg	Repayments Of Secured Term Loan RepaymentsOfSecuredTermLoan	1907000
CY2023Q1	cmtg	Repayments Of Secured Term Loan RepaymentsOfSecuredTermLoan	1907000
CY2024Q1	cmtg	Repayments Of Debt Related To Real Estate Owned RepaymentsOfDebtRelatedToRealEstateOwned	10000000
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-271217000
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	196060000
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	36881000
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	117942000
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	214889000
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	348159000
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	251770000
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	466101000
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	232514000
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	426503000
CY2024Q1	us-gaap	Restricted Cash RestrictedCash	19256000
CY2023Q1	us-gaap	Restricted Cash RestrictedCash	39598000
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	251770000
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	466101000
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	116590000
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	102755000
CY2024Q1	cmtg	Dividends Accrued DividendsAccrued	35622000
CY2023Q1	cmtg	Dividends Accrued DividendsAccrued	52404000
CY2023Q1	cmtg	Loan Principal Payment Held By Servicer LoanPrincipalPaymentHeldByServicer	912000
CY2023Q1	cmtg	Accrued Deferred Financing Costs AccruedDeferredFinancingCosts	3750000
CY2024Q1	us-gaap	Use Of Estimates UseOfEstimates	<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;text-decoration:underline;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:24.5pt;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Estimates that are particularly susceptible to our judgment include, but are not limited to, the adequacy of the current expected credit loss reserve and the impairment of certain assets.</span></p>
CY2023Q4	cmtg	Loans Receivable Principal Outstanding Amount LoansReceivablePrincipalOutstandingAmount	7044524000
CY2024Q1	us-gaap	Use Of Estimates UseOfEstimates	<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;text-decoration:underline;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:24.5pt;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Estimates that are particularly susceptible to our judgment include, but are not limited to, the adequacy of the current expected credit loss reserve and the impairment of certain assets.</span></p>
CY2024Q1	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;text-decoration:underline;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Risks and Uncertainties</span></p><p style="text-indent:24.5pt;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">In the normal course of business, we primarily encounter two significant types of economic risk: credit and market. Credit risk is the risk of default on our loans receivable that results from a borrower’s or counterparty’s inability or unwillingness to make contractually required payments. Market risk reflects changes in the value of the loans receivable due to changes in interest rates, spreads or other market factors, including risks that impact the value of the collateral underlying our loans. We believe that the carrying values of our loans receivable are reasonable taking into consideration these risks.</span></p>
CY2024Q1	srt	Mortgage Loans On Real Estate Number Of Loans MortgageLoansOnRealEstateNumberOfLoans	62
CY2024Q1	cmtg	Loan Commitment LoanCommitment	7716014000
CY2024Q1	cmtg	Loans Receivable Principal Outstanding Amount LoansReceivablePrincipalOutstandingAmount	6825672000
CY2024Q1	cmtg	Loans Receivable Net Of Specific Cecl Reserve LoansReceivableNetOfSpecificCECLReserve	6729000000
CY2024Q1	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.0866
CY2024Q1	cmtg	Loans Receivable General Cecl Reserve LoansReceivableGeneralCeclReserve	93729000
CY2024Q1	cmtg	Loans Receivable Net Reported Amount LoansReceivableNetReportedAmount	6635271000
CY2024Q1	cmtg	Loans Receivable Specific Cecl Reserve LoansReceivableSpecificCECLReserve	77600000
CY2024Q1	us-gaap	Debt Instrument Description Of Variable Rate Basis DebtInstrumentDescriptionOfVariableRateBasis	0
CY2024Q1	us-gaap	Debt Instrument Description Of Variable Rate Basis DebtInstrumentDescriptionOfVariableRateBasis	0
CY2023	srt	Mortgage Loans On Real Estate Number Of Loans MortgageLoansOnRealEstateNumberOfLoans	65
CY2023Q4	cmtg	Loan Commitment LoanCommitment	8121436000
CY2024Q1	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;text-decoration:underline;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Risks and Uncertainties</span></p><p style="text-indent:24.5pt;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">In the normal course of business, we primarily encounter two significant types of economic risk: credit and market. Credit risk is the risk of default on our loans receivable that results from a borrower’s or counterparty’s inability or unwillingness to make contractually required payments. Market risk reflects changes in the value of the loans receivable due to changes in interest rates, spreads or other market factors, including risks that impact the value of the collateral underlying our loans. We believe that the carrying values of our loans receivable are reasonable taking into consideration these risks.</span></p>
CY2024Q1	srt	Mortgage Loans On Real Estate Number Of Loans MortgageLoansOnRealEstateNumberOfLoans	62
CY2024Q1	cmtg	Loan Commitment LoanCommitment	7716014000
CY2024Q1	cmtg	Loans Receivable Principal Outstanding Amount LoansReceivablePrincipalOutstandingAmount	6825672000
CY2024Q1	cmtg	Loans Receivable Net Of Specific Cecl Reserve LoansReceivableNetOfSpecificCECLReserve	6729000000
CY2024Q1	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.0866
CY2024Q1	cmtg	Loans Receivable General Cecl Reserve LoansReceivableGeneralCeclReserve	93729000
CY2024Q1	cmtg	Loans Receivable Net Reported Amount LoansReceivableNetReportedAmount	6635271000
CY2024Q1	cmtg	Loans Receivable Specific Cecl Reserve LoansReceivableSpecificCECLReserve	77600000
CY2024Q1	us-gaap	Debt Instrument Description Of Variable Rate Basis DebtInstrumentDescriptionOfVariableRateBasis	0
CY2024Q1	us-gaap	Debt Instrument Description Of Variable Rate Basis DebtInstrumentDescriptionOfVariableRateBasis	0
CY2023	srt	Mortgage Loans On Real Estate Number Of Loans MortgageLoansOnRealEstateNumberOfLoans	65
CY2023Q4	cmtg	Loan Commitment LoanCommitment	8121436000
CY2023Q4	cmtg	Loans Receivable Principal Outstanding Amount LoansReceivablePrincipalOutstandingAmount	7044524000
CY2023Q4	cmtg	Loans Receivable Net Of Specific Cecl Reserve LoansReceivableNetOfSpecificCECLReserve	6947796000
CY2023Q4	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.087
CY2023Q4	cmtg	Loans Receivable General Cecl Reserve LoansReceivableGeneralCeclReserve	70371000
CY2023Q4	cmtg	Loans Receivable Net Reported Amount LoansReceivableNetReportedAmount	6877425000
CY2023	cmtg	Loans Receivable Specific Cecl Reserve LoansReceivableSpecificCECLReserve	72600000
CY2023	us-gaap	Debt Instrument Description Of Variable Rate Basis DebtInstrumentDescriptionOfVariableRateBasis	0
CY2023	us-gaap	Debt Instrument Description Of Variable Rate Basis DebtInstrumentDescriptionOfVariableRateBasis	0
CY2024Q1	cmtg	Unfunded Loan Commitment Loans Held For Sale UnfundedLoanCommitmentLoansHeldForSale	105000000
CY2023Q4	cmtg	Loans Receivable Net Of Specific Cecl Reserve LoansReceivableNetOfSpecificCECLReserve	6947796000
CY2023Q4	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.087
CY2023Q4	cmtg	Loans Receivable General Cecl Reserve LoansReceivableGeneralCeclReserve	70371000
CY2023Q4	cmtg	Loans Receivable Net Reported Amount LoansReceivableNetReportedAmount	6877425000
CY2023	cmtg	Loans Receivable Specific Cecl Reserve LoansReceivableSpecificCECLReserve	72600000
CY2023	us-gaap	Debt Instrument Description Of Variable Rate Basis DebtInstrumentDescriptionOfVariableRateBasis	0
CY2023	us-gaap	Debt Instrument Description Of Variable Rate Basis DebtInstrumentDescriptionOfVariableRateBasis	0
CY2024Q1	cmtg	Unfunded Loan Commitment Loans Held For Sale UnfundedLoanCommitmentLoansHeldForSale	105000000
CY2023Q4	cmtg	Loan Commitment Held For Sale LoanCommitmentHeldForSale	378906000
CY2023	cmtg	Loans Receivable Unpaid Principal Balance LoansReceivableUnpaidPrincipalBalance	271533000
CY2023Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	269177000
CY2023	cmtg	Loan Receivable Held For Sale Charge Off LoanReceivableHeldForSaleChargeOff	7468000
CY2023Q4	us-gaap	Notes Receivable Net NotesReceivableNet	261709000
CY2023	cmtg	Debt Instrument Extended Maturity Date DebtInstrumentExtendedMaturityDate	2023-09-18
CY2024Q1	cmtg	Coupon Interest CouponInterest	153007000
CY2023Q1	cmtg	Coupon Interest CouponInterest	156616000
CY2024Q1	cmtg	Interest On Cash And Cash Equivalents And Other Income InterestOnCashAndCashEquivalentsAndOtherIncome	3205000
CY2023Q1	cmtg	Interest On Cash And Cash Equivalents And Other Income InterestOnCashAndCashEquivalentsAndOtherIncome	2303000
CY2024Q1	cmtg	Accretion Of Origination Fees Net AccretionOfOriginationFeesNet	4633000
CY2023Q1	cmtg	Accretion Of Origination Fees Net AccretionOfOriginationFeesNet	5247000
CY2024Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	160845000
CY2023Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	164166000
CY2023Q4	cmtg	Loan Commitment Held For Sale LoanCommitmentHeldForSale	378906000
CY2023	cmtg	Loans Receivable Unpaid Principal Balance LoansReceivableUnpaidPrincipalBalance	271533000
CY2023Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	269177000
CY2023	cmtg	Loan Receivable Held For Sale Charge Off LoanReceivableHeldForSaleChargeOff	7468000
CY2023Q4	us-gaap	Notes Receivable Net NotesReceivableNet	261709000
CY2023	cmtg	Debt Instrument Extended Maturity Date DebtInstrumentExtendedMaturityDate	2023-09-18
CY2024Q1	cmtg	Coupon Interest CouponInterest	153007000
CY2023Q1	cmtg	Coupon Interest CouponInterest	156616000
CY2024Q1	cmtg	Interest On Cash And Cash Equivalents And Other Income InterestOnCashAndCashEquivalentsAndOtherIncome	3205000
CY2023Q1	cmtg	Interest On Cash And Cash Equivalents And Other Income InterestOnCashAndCashEquivalentsAndOtherIncome	2303000
CY2024Q1	cmtg	Accretion Of Origination Fees Net AccretionOfOriginationFeesNet	4633000
CY2023Q1	cmtg	Accretion Of Origination Fees Net AccretionOfOriginationFeesNet	5247000
CY2024Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	160845000
CY2023Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	164166000
CY2024Q1	cmtg	Pre Payment Penalties And Accelerated Fees PrePaymentPenaltiesAndAcceleratedFees	1300000
CY2023Q1	cmtg	Pre Payment Penalties And Accelerated Fees PrePaymentPenaltiesAndAcceleratedFees	300000
CY2024Q1	cmtg	Mortgage Loans On Real Estate Number Of Loans And Number Of Loans Held For Investment MortgageLoansOnRealEstateNumberOfLoansAndNumberOfLoansHeldForInvestment	62
CY2024Q1	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	6825672000
CY2024Q1	cmtg	Mortgage Loans On Real Estate Commercial And Consumer MortgageLoansOnRealEstateCommercialAndConsumer	6729000000
CY2024Q1	cmtg	Mortgage Loans On Real Estate Commercial And Consumer Percentage Of Carrying Value MortgageLoansOnRealEstateCommercialAndConsumerPercentageOfCarryingValue	1
CY2024Q1	cmtg	Loans And Lease Receivable General Cecl Reserve LoansAndLeaseReceivableGeneralCeclReserve	93729000
CY2024Q1	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	6635271000
CY2024Q1	cmtg	Pre Payment Penalties And Accelerated Fees PrePaymentPenaltiesAndAcceleratedFees	1300000
CY2023Q1	cmtg	Pre Payment Penalties And Accelerated Fees PrePaymentPenaltiesAndAcceleratedFees	300000
CY2024Q1	cmtg	Mortgage Loans On Real Estate Number Of Loans And Number Of Loans Held For Investment MortgageLoansOnRealEstateNumberOfLoansAndNumberOfLoansHeldForInvestment	62
CY2024Q1	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	6825672000
CY2024Q1	cmtg	Mortgage Loans On Real Estate Commercial And Consumer MortgageLoansOnRealEstateCommercialAndConsumer	6729000000
CY2024Q1	cmtg	Loans And Lease Receivable General Cecl Reserve LoansAndLeaseReceivableGeneralCeclReserve	93729000
CY2024Q1	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	6635271000
CY2024Q1	cmtg	Loans Receivable Specific Cecl Reserve LoansReceivableSpecificCECLReserve	77600000
CY2023	cmtg	Mortgage Loans On Real Estate Number Of Loans And Number Of Loans Held For Investment MortgageLoansOnRealEstateNumberOfLoansAndNumberOfLoansHeldForInvestment	65
CY2023Q4	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	7044524000
CY2023	cmtg	Mortgage Loans On Real Estate Commercial And Consumer MortgageLoansOnRealEstateCommercialAndConsumer	6947796000
CY2023	cmtg	Mortgage Loans On Real Estate Commercial And Consumer Percentage Of Carrying Value MortgageLoansOnRealEstateCommercialAndConsumerPercentageOfCarryingValue	1
CY2023Q4	cmtg	Loans And Lease Receivable General Cecl Reserve LoansAndLeaseReceivableGeneralCeclReserve	70371000
CY2023Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	6877425000
CY2023	cmtg	Loans Receivable Specific Cecl Reserve LoansReceivableSpecificCECLReserve	72600000
CY2024Q1	cmtg	Weighted Average Risk Rating On Loan Exposure WeightedAverageRiskRatingOnLoanExposure	0.034
CY2023	cmtg	Weighted Average Risk Rating On Loan Exposure WeightedAverageRiskRatingOnLoanExposure	0.033
CY2024Q1	cmtg	Non Accrual Loans Unpaid Principal Balance NonAccrualLoansUnpaidPrincipalBalance	689470000
CY2024Q1	cmtg	Non Accrual Loan Carrying Value Gross NonAccrualLoanCarryingValueGross	687556000
CY2024Q1	cmtg	Non Accrual Loans Specific Cecl Reserve NonAccrualLoansSpecificCeclReserve	77606000
CY2024Q1	cmtg	Non Accrual Loans Net NonAccrualLoansNet	609950000
CY2024Q1	cmtg	Loan Receivable Percent Non Accrual LoanReceivablePercentNonAccrual	0.091
CY2024Q1	cmtg	Loan Receivable Number Of Additional Loans LoanReceivableNumberOfAdditionalLoans	4
CY2024Q1	cmtg	Loan Receivable Non Accrual Carrying Value Remain On Accrual Status Maturity Default LoanReceivableNonAccrualCarryingValueRemainOnAccrualStatusMaturityDefault	534800000
CY2024Q1	cmtg	Accrual Delinquent Loan Carrying Value AccrualDelinquentLoanCarryingValue	78400000
CY2023	cmtg	Non Accrual Loans Unpaid Principal Balance NonAccrualLoansUnpaidPrincipalBalance	717738000
CY2023Q4	cmtg	Non Accrual Loan Carrying Value Gross NonAccrualLoanCarryingValueGross	715070000
CY2023	cmtg	Non Accrual Loans Specific Cecl Reserve NonAccrualLoansSpecificCeclReserve	72587000
CY2023Q4	cmtg	Non Accrual Loans Net NonAccrualLoansNet	642483000
CY2023	cmtg	Interest Recognized InterestRecognized	300000
CY2023Q4	cmtg	Loan Receivable Percent Non Accrual LoanReceivablePercentNonAccrual	0.092
CY2023Q4	cmtg	Loan Receivable Number Of Additional Loans LoanReceivableNumberOfAdditionalLoans	4
CY2023Q4	cmtg	Loan Receivable Non Accrual Carrying Value Remain On Accrual Status Maturity Default LoanReceivableNonAccrualCarryingValueRemainOnAccrualStatusMaturityDefault	490200000
CY2023Q4	cmtg	Accrual Delinquent Loan Carrying Value AccrualDelinquentLoanCarryingValue	78400000
CY2024Q1	cmtg	Allowance For Credit Losses On Loan Receivables Tabletextblock AllowanceForCreditLossesOnLoanReceivablesTabletextblock	<p style="text-indent:24.5pt;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The following table illustrates the changes in the current expected credit loss reserve for our loans receivable held-for-investment for the </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">three months ended March 31, 2024 and 2023, respectively ($ in thousands):</span></p><p style="text-indent:24.5pt;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="white-space:pre-wrap;font-size:6pt;font-family:Times New Roman;min-width:fit-content;"> </span></p> <table style="margin-left:auto;border-spacing:0;table-layout:fixed;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:30.4%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:12.139999999999999%;"></td> <td style="width:1%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:10.84%;"></td> <td style="width:1%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:11.54%;"></td> <td style="width:1%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:9.68%;"></td> <td style="width:1%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:9.2%;"></td> <td style="width:1%;"></td> </tr> <tr style="height:10pt;background-color:#ffffff;word-break:break-word;white-space:pre-wrap;"> <td style="vertical-align:top;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="10" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">General CECL Reserve</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> </tr> <tr style="height:8pt;background-color:#ffffff;word-break:break-word;white-space:pre-wrap;"> <td style="vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">Specific CECL Reserve</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">Loans Receivable Held-for-Investment</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"><p style="font-size:7.5pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">Unfunded Loan Commitments </span><span style="color:#000000;top:-3.5175pt;white-space:pre-wrap;font-weight:bold;font-size:5.025pt;position:relative;min-width:fit-content;">(1)</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"><p style="font-size:7.5pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">Total General CECL Reserve</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">Total CECL Reserve</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Total reserve, December 31, 2022</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">60,300</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">68,347</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">17,715</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">86,062</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">146,362</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Reversal</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">-</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;font-size:9pt;min-width:fit-content;">(</span><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">1,021</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">)</span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;font-size:9pt;min-width:fit-content;">(</span><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">2,218</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">)</span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;font-size:9pt;min-width:fit-content;">(</span><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">3,239</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">)</span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;font-size:9pt;min-width:fit-content;">(</span><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">3,239</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">)</span></p></td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Total reserve, March 31, 2023</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">60,300</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">67,326</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">15,497</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">82,823</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">143,123</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;white-space:pre-wrap;"> <td style="vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;"> </span></p></td> <td style="vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Total reserve, December 31, 2023</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">72,587</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">70,371</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">9,726</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">80,097</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">152,684</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Provision</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">47,285</span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">23,358</span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;font-size:9pt;min-width:fit-content;">(</span><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">683</span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">)</span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">22,675</span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">69,960</span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Principal charge-offs</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;font-size:9pt;min-width:fit-content;">(</span><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">42,266</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">)</span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">-</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">-</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">-</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;font-size:9pt;min-width:fit-content;">(</span><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">42,266</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">)</span></p></td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Total reserve, March 31, 2024</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">77,606</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">93,729</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">9,043</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">102,772</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">180,378</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td colspan="2" style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">Reserve at March 31, 2024 </span><span style="color:#000000;top:-4.221pt;white-space:pre-wrap;font-size:6.03pt;position:relative;min-width:fit-content;">(2)</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">1.1</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;font-weight:bold;min-width:fit-content;">%</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">1.5</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;font-weight:bold;min-width:fit-content;">%</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">2.6</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;font-weight:bold;min-width:fit-content;">%</span></p></td> </tr> </table><div style="display:flex;margin-top:12pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:3.333%;display:inline-flex;justify-content:flex-start;">(1)</span><div style="width:100%;display:inline;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The CECL reserve for unfunded commitments is included in other liabilities on the consolidated balance sheets.</span></div></div><div style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:3.333%;display:inline-flex;justify-content:flex-start;">(2)</span><div style="width:100%;display:inline;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Represents CECL reserve as a percent of total unpaid principal balance of loans receivable held-for-investment as of </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">March 31, 2024</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">.</span></div></div>
CY2024Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	70000000
CY2024Q1	cmtg	Increase In Loans Receivable Specific Cecl Reserve IncreaseInLoansReceivableSpecificCeclReserve	22700000
CY2024Q1	cmtg	Loans And Lease Receivable Reversal Of General Cecl Reserve LoansAndLeaseReceivableReversalOfGeneralCeclReserve	47300000
CY2024Q1	cmtg	Loans Receivable Provision For Current Expected Credit Losses LoansReceivableProvisionForCurrentExpectedCreditLosses	180400000
CY2023Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	3200000
CY2023Q1	cmtg	Loans Receivable Provision For Current Expected Credit Losses LoansReceivableProvisionForCurrentExpectedCreditLosses	143100000
CY2024Q1	cmtg	Loans Receivable Specific Cecl Reserve LoansReceivableSpecificCECLReserve	77600000
CY2023	cmtg	Mortgage Loans On Real Estate Number Of Loans And Number Of Loans Held For Investment MortgageLoansOnRealEstateNumberOfLoansAndNumberOfLoansHeldForInvestment	65
CY2023Q4	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	7044524000
CY2023	cmtg	Mortgage Loans On Real Estate Commercial And Consumer MortgageLoansOnRealEstateCommercialAndConsumer	6947796000
CY2023	cmtg	Mortgage Loans On Real Estate Commercial And Consumer Percentage Of Carrying Value MortgageLoansOnRealEstateCommercialAndConsumerPercentageOfCarryingValue	1
CY2023Q4	cmtg	Loans And Lease Receivable General Cecl Reserve LoansAndLeaseReceivableGeneralCeclReserve	70371000
CY2023Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	6877425000
CY2023	cmtg	Loans Receivable Specific Cecl Reserve LoansReceivableSpecificCECLReserve	72600000
CY2024Q1	cmtg	Weighted Average Risk Rating On Loan Exposure WeightedAverageRiskRatingOnLoanExposure	0.034
CY2023	cmtg	Weighted Average Risk Rating On Loan Exposure WeightedAverageRiskRatingOnLoanExposure	0.033
CY2024Q1	cmtg	Non Accrual Loans Unpaid Principal Balance NonAccrualLoansUnpaidPrincipalBalance	689470000
CY2024Q1	cmtg	Non Accrual Loan Carrying Value Gross NonAccrualLoanCarryingValueGross	687556000
CY2024Q1	cmtg	Non Accrual Loans Specific Cecl Reserve NonAccrualLoansSpecificCeclReserve	77606000
CY2024Q1	cmtg	Non Accrual Loans Net NonAccrualLoansNet	609950000
CY2024Q1	cmtg	Loan Receivable Percent Non Accrual LoanReceivablePercentNonAccrual	0.091
CY2024Q1	cmtg	Loan Receivable Number Of Additional Loans LoanReceivableNumberOfAdditionalLoans	4
CY2024Q1	cmtg	Loan Receivable Non Accrual Carrying Value Remain On Accrual Status Maturity Default LoanReceivableNonAccrualCarryingValueRemainOnAccrualStatusMaturityDefault	534800000
CY2024Q1	cmtg	Accrual Delinquent Loan Carrying Value AccrualDelinquentLoanCarryingValue	78400000
CY2023	cmtg	Non Accrual Loans Unpaid Principal Balance NonAccrualLoansUnpaidPrincipalBalance	717738000
CY2023Q4	cmtg	Non Accrual Loan Carrying Value Gross NonAccrualLoanCarryingValueGross	715070000
CY2023	cmtg	Non Accrual Loans Specific Cecl Reserve NonAccrualLoansSpecificCeclReserve	72587000
CY2023Q4	cmtg	Non Accrual Loans Net NonAccrualLoansNet	642483000
CY2023	cmtg	Interest Recognized InterestRecognized	300000
CY2023Q4	cmtg	Loan Receivable Percent Non Accrual LoanReceivablePercentNonAccrual	0.092
CY2023Q4	cmtg	Loan Receivable Number Of Additional Loans LoanReceivableNumberOfAdditionalLoans	4
CY2023Q4	cmtg	Loan Receivable Non Accrual Carrying Value Remain On Accrual Status Maturity Default LoanReceivableNonAccrualCarryingValueRemainOnAccrualStatusMaturityDefault	490200000
CY2023Q4	cmtg	Accrual Delinquent Loan Carrying Value AccrualDelinquentLoanCarryingValue	78400000
CY2024Q1	cmtg	Allowance For Credit Losses On Loan Receivables Tabletextblock AllowanceForCreditLossesOnLoanReceivablesTabletextblock	<p style="text-indent:24.5pt;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The following table illustrates the changes in the current expected credit loss reserve for our loans receivable held-for-investment for the </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">three months ended March 31, 2024 and 2023, respectively ($ in thousands):</span></p><p style="text-indent:24.5pt;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="white-space:pre-wrap;font-size:6pt;font-family:Times New Roman;min-width:fit-content;"> </span></p> <table style="margin-left:auto;border-spacing:0;table-layout:fixed;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:30.4%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:12.139999999999999%;"></td> <td style="width:1%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:10.84%;"></td> <td style="width:1%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:11.54%;"></td> <td style="width:1%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:9.68%;"></td> <td style="width:1%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:9.2%;"></td> <td style="width:1%;"></td> </tr> <tr style="height:10pt;background-color:#ffffff;word-break:break-word;white-space:pre-wrap;"> <td style="vertical-align:top;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="10" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">General CECL Reserve</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> </tr> <tr style="height:8pt;background-color:#ffffff;word-break:break-word;white-space:pre-wrap;"> <td style="vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">Specific CECL Reserve</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">Loans Receivable Held-for-Investment</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"><p style="font-size:7.5pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">Unfunded Loan Commitments </span><span style="color:#000000;top:-3.5175pt;white-space:pre-wrap;font-weight:bold;font-size:5.025pt;position:relative;min-width:fit-content;">(1)</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"><p style="font-size:7.5pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">Total General CECL Reserve</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">Total CECL Reserve</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"><p style="font-size:8pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Total reserve, December 31, 2022</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">60,300</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">68,347</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">17,715</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">86,062</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">146,362</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Reversal</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">-</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;font-size:9pt;min-width:fit-content;">(</span><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">1,021</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">)</span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;font-size:9pt;min-width:fit-content;">(</span><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">2,218</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">)</span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;font-size:9pt;min-width:fit-content;">(</span><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">3,239</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">)</span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;font-size:9pt;min-width:fit-content;">(</span><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">3,239</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">)</span></p></td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Total reserve, March 31, 2023</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">60,300</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">67,326</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">15,497</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">82,823</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">143,123</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;white-space:pre-wrap;"> <td style="vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;"> </span></p></td> <td style="vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Total reserve, December 31, 2023</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">72,587</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">70,371</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">9,726</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">80,097</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">152,684</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Provision</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">47,285</span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">23,358</span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;font-size:9pt;min-width:fit-content;">(</span><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">683</span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">)</span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">22,675</span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">69,960</span></p></td> <td style="white-space:nowrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Principal charge-offs</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;font-size:9pt;min-width:fit-content;">(</span><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">42,266</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">)</span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">-</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">-</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">-</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="color:#000000;white-space:pre-wrap;font-size:9pt;min-width:fit-content;">(</span><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">42,266</span></p></td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">)</span></p></td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">Total reserve, March 31, 2024</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">77,606</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">93,729</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">9,043</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">102,772</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">180,378</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td colspan="2" style="white-space:pre-wrap;vertical-align:top;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">Reserve at March 31, 2024 </span><span style="color:#000000;top:-4.221pt;white-space:pre-wrap;font-size:6.03pt;position:relative;min-width:fit-content;">(2)</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">1.1</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;font-weight:bold;min-width:fit-content;">%</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td colspan="2" style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">1.5</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;font-weight:bold;min-width:fit-content;">%</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;font-weight:bold;min-width:fit-content;">2.6</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;font-weight:bold;min-width:fit-content;">%</span></p></td> </tr> </table><div style="display:flex;margin-top:12pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:3.333%;display:inline-flex;justify-content:flex-start;">(1)</span><div style="width:100%;display:inline;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The CECL reserve for unfunded commitments is included in other liabilities on the consolidated balance sheets.</span></div></div><div style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:3.333%;display:inline-flex;justify-content:flex-start;">(2)</span><div style="width:100%;display:inline;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Represents CECL reserve as a percent of total unpaid principal balance of loans receivable held-for-investment as of </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">March 31, 2024</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">.</span></div></div>
CY2024Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	70000000
CY2024Q1	cmtg	Increase In Loans Receivable Specific Cecl Reserve IncreaseInLoansReceivableSpecificCeclReserve	22700000
CY2024Q1	cmtg	Loans And Lease Receivable Reversal Of General Cecl Reserve LoansAndLeaseReceivableReversalOfGeneralCeclReserve	47300000
CY2024Q1	cmtg	Loans Receivable Provision For Current Expected Credit Losses LoansReceivableProvisionForCurrentExpectedCreditLosses	180400000
CY2023Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	3200000
CY2023Q1	cmtg	Loans Receivable Provision For Current Expected Credit Losses LoansReceivableProvisionForCurrentExpectedCreditLosses	143100000
CY2024Q1	cmtg	Loans And Leases Receivable Number Of Contract LoansAndLeasesReceivableNumberOfContract	62
CY2024Q1	cmtg	Amortized Cost Basis AmortizedCostBasis	6729000000
CY2024Q1	cmtg	Loan Receivable Originated In Current Fiscal Year LoanReceivableOriginatedInCurrentFiscalYear	100989000
CY2024Q1	cmtg	Loan Receivable Originated In Fiscal Year Before Latest Fiscal Year LoanReceivableOriginatedInFiscalYearBeforeLatestFiscalYear	2468490000
CY2024Q1	cmtg	Loan Receivable Originated Two Years Before Latest Fiscal Year LoanReceivableOriginatedTwoYearsBeforeLatestFiscalYear	1706557000
CY2024Q1	cmtg	Loan Receivable Originated Three Years Before Latest Fiscal Year LoanReceivableOriginatedThreeYearsBeforeLatestFiscalYear	179050000
CY2024Q1	cmtg	Loan Receivable Originated Four Years Before Latest Fiscal Year LoanReceivableOriginatedFourYearsBeforeLatestFiscalYear	1543567000
CY2024Q1	cmtg	Loan Receivable Originated Five Or More Years Before Latest Fiscal Year LoanReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear	730347000
CY2024Q1	cmtg	Loans And Leases Receivable Number Of Contract LoansAndLeasesReceivableNumberOfContract	62
CY2024Q1	cmtg	Amortized Cost Basis AmortizedCostBasis	6729000000
CY2024Q1	cmtg	Loan Receivable Originated In Current Fiscal Year LoanReceivableOriginatedInCurrentFiscalYear	100989000
CY2024Q1	cmtg	Loan Receivable Originated In Fiscal Year Before Latest Fiscal Year LoanReceivableOriginatedInFiscalYearBeforeLatestFiscalYear	2468490000
CY2024Q1	cmtg	Loan Receivable Originated Two Years Before Latest Fiscal Year LoanReceivableOriginatedTwoYearsBeforeLatestFiscalYear	1706557000
CY2024Q1	cmtg	Loan Receivable Originated Three Years Before Latest Fiscal Year LoanReceivableOriginatedThreeYearsBeforeLatestFiscalYear	179050000
CY2024Q1	cmtg	Loan Receivable Originated Four Years Before Latest Fiscal Year LoanReceivableOriginatedFourYearsBeforeLatestFiscalYear	1543567000
CY2024Q1	cmtg	Loan Receivable Originated Five Or More Years Before Latest Fiscal Year LoanReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear	730347000
CY2024Q1	cmtg	Loan Receivable Originated Two Years Write Offs Before Latest Fiscal Year LoanReceivableOriginatedTwoYearsWriteOffsBeforeLatestFiscalYear	42266000
CY2024Q1	cmtg	Loans Receivable Specific Cecl Reserve LoansReceivableSpecificCECLReserve	77600000

CY2024Q1

dei

Current Fiscal Year End Date

CurrentFiscalYearEndDate

--12-31

CY2024Q1

dei

Document Fiscal Period Focus

DocumentFiscalPeriodFocus

Q1

CY2024Q1

dei

Amendment Flag

AmendmentFlag

false

CY2024Q1

dei

Entity Central Index Key

EntityCentralIndexKey

0001666291

CY2024Q1

us-gaap

Commitments And Contingencies

CommitmentsAndContingencies

CY2023Q4

us-gaap

Commitments And Contingencies

CommitmentsAndContingencies

CY2021Q1

us-gaap

Investment Type Extensible Enumeration

InvestmentTypeExtensibleEnumeration

http://fasb.org/us-gaap/2023#RealEstateInvestmentMember

CY2024Q1

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Document Type

DocumentType

10-Q

CY2024Q1

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Document Quarterly Report

DocumentQuarterlyReport

true

CY2024Q1

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Document Period End Date

DocumentPeriodEndDate

2024-03-31

CY2024Q1

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Document Fiscal Year Focus

DocumentFiscalYearFocus

2024

CY2024Q1

dei

Document Transition Report

DocumentTransitionReport

false

CY2024Q1

dei

Entity File Number

EntityFileNumber

001-40993

CY2024Q1

dei

Entity Registrant Name

EntityRegistrantName

Claros Mortgage Trust, Inc.

CY2024Q1

dei

Entity Incorporation State Country Code

EntityIncorporationStateCountryCode

MD

CY2024Q1

dei

Entity Tax Identification Number

EntityTaxIdentificationNumber

47-4074900

CY2024Q1

dei

Entity Address Address Line1

EntityAddressAddressLine1

c/o Mack Real Estate Credit Strategies, L.P.

CY2024Q1

dei

Entity Address Address Line2

EntityAddressAddressLine2

60 Columbus Circle

CY2024Q1

dei

Entity Address Address Line3

EntityAddressAddressLine3

20th Floor

CY2024Q1

dei

Entity Address City Or Town

EntityAddressCityOrTown

New York

CY2024Q1

dei

Entity Address State Or Province

EntityAddressStateOrProvince

NY

CY2024Q1

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Entity Address Postal Zip Code

EntityAddressPostalZipCode

10023

CY2024Q1

dei

City Area Code

CityAreaCode

212

CY2024Q1

dei

Local Phone Number

LocalPhoneNumber

484-0050

CY2024Q1

dei

Security12b Title

Security12bTitle

Common Stock, $0.01 par value per share

CY2024Q1

dei

Trading Symbol

TradingSymbol

CMTG

CY2024Q1

dei

Security Exchange Name

SecurityExchangeName

NYSE

CY2024Q1

dei

Entity Current Reporting Status

EntityCurrentReportingStatus

Yes

CY2024Q1

dei

Entity Interactive Data Current

EntityInteractiveDataCurrent

Yes

CY2024Q1

dei

Entity Filer Category

EntityFilerCategory

Large Accelerated Filer

CY2024Q1

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Entity Small Business

EntitySmallBusiness

false

CY2024Q1

dei

Entity Emerging Growth Company

EntityEmergingGrowthCompany

false

CY2024Q1

dei

Entity Shell Company

EntityShellCompany

false

CY2024Q2

dei

Entity Common Stock Shares Outstanding

EntityCommonStockSharesOutstanding

138746691

CY2024Q1

cmtg

Real Estate Owned Interest Expense

RealEstateOwnedInterestExpense

6329000

CY2023Q1

cmtg

Real Estate Owned Interest Expense

RealEstateOwnedInterestExpense

5444000

CY2024Q1

cmtg

Real Estate Owned Depreciation And Amortization Expenses

RealEstateOwnedDepreciationAndAmortizationExpenses

2599000

CY2023Q1

cmtg

Real Estate Owned Depreciation And Amortization Expenses

RealEstateOwnedDepreciationAndAmortizationExpenses

2058000

CY2024Q1

us-gaap

Operating Expenses

OperatingExpenses

39248000

CY2023Q1

us-gaap

Operating Expenses

OperatingExpenses

37005000

CY2024Q1

cmtg

Realized Gain Loss From Derivatives

RealizedGainLossFromDerivatives

865000

CY2023Q1

cmtg

Realized Gain Loss From Derivatives

RealizedGainLossFromDerivatives

1183000

CY2024Q1

us-gaap

Unrealized Gain Loss On Cash Flow Hedging Instruments

UnrealizedGainLossOnCashFlowHedgingInstruments

-998000

CY2023Q1

us-gaap

Unrealized Gain Loss On Cash Flow Hedging Instruments

UnrealizedGainLossOnCashFlowHedgingInstruments

-1404000

CY2024Q1

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

-35000

CY2023Q1

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

1563000

CY2024Q1

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

-2244000

CY2024Q1

cmtg

Provision For Reversal Of Current Expected Credit Loss

ProvisionForReversalOfCurrentExpectedCreditLoss

69960000

CY2022Q3

cmtg

Provision For Reversal Of Current Expected Credit Loss

ProvisionForReversalOfCurrentExpectedCreditLoss

3239000

CY2024Q1

us-gaap

Profit Loss

ProfitLoss

-52795000

CY2023Q1

us-gaap

Profit Loss

ProfitLoss

36678000

CY2024Q1

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

-0.39

CY2024Q1

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

-0.39

CY2023Q1

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

0.26

CY2023Q1

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

0.26

CY2024Q1

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

138791113

CY2024Q1

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

138791113

CY2023Q1

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

138385810

CY2023Q1

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

138385810

CY2023Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

2299900000

CY2024Q1

us-gaap

Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

4400000

CY2024Q1

us-gaap

Dividends Common Stock

DividendsCommonStock

35622000

CY2024Q1

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

-0.39

CY2024Q1

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

138791113

CY2023Q4

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

500000000

CY2024Q1

us-gaap

Common Stock Shares Issued

CommonStockSharesIssued

138746691

CY2024Q1

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

232514000

CY2023Q4

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

187301000

CY2024Q1

us-gaap

Restricted Cash

RestrictedCash

19256000

CY2023Q4

us-gaap

Restricted Cash

RestrictedCash

27588000

CY2024Q1

cmtg

Loan Principal Payments Held By Servicer

LoanPrincipalPaymentsHeldByServicer

0

CY2023Q4

cmtg

Loan Principal Payments Held By Servicer

LoanPrincipalPaymentsHeldByServicer

11000000

CY2024Q1

cmtg

Loans Receivable Held For Investment Gross

LoansReceivableHeldForInvestmentGross

6806606000

CY2023Q4

cmtg

Loans Receivable Held For Investment Gross

LoansReceivableHeldForInvestmentGross

7020383000

CY2024Q1

cmtg

Loans Receivable Held For Investment Current Expected Credit Loss Reserve

LoansReceivableHeldForInvestmentCurrentExpectedCreditLossReserve

171335000

CY2023Q4

cmtg

Loans Receivable Held For Investment Current Expected Credit Loss Reserve

LoansReceivableHeldForInvestmentCurrentExpectedCreditLossReserve

142958000

CY2024Q1

cmtg

Loans Receivable Held For Investment Net

LoansReceivableHeldForInvestmentNet

6635271000

CY2023Q4

cmtg

Loans Receivable Held For Investment Net

LoansReceivableHeldForInvestmentNet

6877425000

CY2024Q1

us-gaap

Loans Receivable Held For Sale Amount

LoansReceivableHeldForSaleAmount

172177000

CY2023Q4

us-gaap

Loans Receivable Held For Sale Amount

LoansReceivableHeldForSaleAmount

261709000

CY2024Q1

us-gaap

Equity Method Investments

EquityMethodInvestments

42439000

CY2023Q4

us-gaap

Equity Method Investments

EquityMethodInvestments

42474000

CY2024Q1

us-gaap

Real Estate Investments

RealEstateInvestments

521025000

CY2023Q4

us-gaap

Real Estate Investments

RealEstateInvestments

522959000

CY2024Q1

us-gaap

Other Assets

OtherAssets

133135000

CY2023Q4

us-gaap

Other Assets

OtherAssets

138905000

CY2024Q1

us-gaap

Assets

7755817000

CY2023Q4

us-gaap

Assets

8069361000

CY2024Q1

us-gaap

Secured Debt Repurchase Agreements

SecuredDebtRepurchaseAgreements

3601284000

CY2023Q4

us-gaap

Secured Debt Repurchase Agreements

SecuredDebtRepurchaseAgreements

3805678000

CY2024Q1

cmtg

Term Participation Facility

TermParticipationFacility

497225000

CY2023Q4

cmtg

Term Participation Facility

TermParticipationFacility

465434000

CY2024Q1

us-gaap

Participating Mortgage Loans Participation Liabilities Amount

ParticipatingMortgageLoansParticipationLiabilitiesAmount

100633000

CY2023Q4

us-gaap

Participating Mortgage Loans Participation Liabilities Amount

ParticipatingMortgageLoansParticipationLiabilitiesAmount

120508000

CY2024Q1

us-gaap

Notes Payable

NotesPayable

262164000

CY2023Q4

us-gaap

Notes Payable

NotesPayable

283341000

CY2024Q1

us-gaap

Secured Long Term Debt

SecuredLongTermDebt

711876000

CY2023Q4

us-gaap

Secured Long Term Debt

SecuredLongTermDebt

712576000

CY2024Q1

cmtg

Debt Related To Real Estate Owned Net

DebtRelatedToRealEstateOwnedNet

277550000

CY2023Q4

cmtg

Debt Related To Real Estate Owned Net

DebtRelatedToRealEstateOwnedNet

289913000

CY2024Q1

us-gaap

Other Liabilities

OtherLiabilities

44370000

CY2023Q4

us-gaap

Other Liabilities

OtherLiabilities

47368000

CY2024Q1

cmtg

Dividends Payable Common Stock Redeemable Common Stock And Vested Restricted

DividendsPayableCommonStockRedeemableCommonStockAndVestedRestricted

35622000

CY2023Q4

cmtg

Dividends Payable Common Stock Redeemable Common Stock And Vested Restricted

DividendsPayableCommonStockRedeemableCommonStockAndVestedRestricted

35328000

CY2024Q1

us-gaap

Management Fee Payable

ManagementFeePayable

9210000

CY2023Q4

us-gaap

Management Fee Payable

ManagementFeePayable

9315000

CY2024Q1

us-gaap

Liabilities

5539934000

CY2023Q4

us-gaap

Liabilities

5769461000

CY2024Q1

us-gaap

Common Stock Par Or Stated Value Per Share

CommonStockParOrStatedValuePerShare

0.01

CY2023Q4

us-gaap

Common Stock Par Or Stated Value Per Share

CommonStockParOrStatedValuePerShare

0.01

CY2024Q1

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

500000000

CY2023Q4

us-gaap

Common Stock Shares Issued

CommonStockSharesIssued

138745357

CY2024Q1

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

138746691

CY2023Q4

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

138745357

CY2024Q1

us-gaap

Common Stock Value

CommonStockValue

1387000

CY2023Q4

us-gaap

Common Stock Value

CommonStockValue

1387000

CY2024Q1

us-gaap

Additional Paid In Capital

AdditionalPaidInCapital

2729617000

CY2023Q4

us-gaap

Additional Paid In Capital

AdditionalPaidInCapital

2725217000

CY2024Q1

us-gaap

Retained Earnings Accumulated Deficit

RetainedEarningsAccumulatedDeficit

-515121000

CY2023Q4

us-gaap

Retained Earnings Accumulated Deficit

RetainedEarningsAccumulatedDeficit

-426704000

CY2024Q1

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

2215883000

CY2023Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

2299900000

CY2024Q1

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

7755817000

CY2023Q4

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

8069361000

CY2024Q1

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

160845000

CY2023Q1

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

164166000

CY2024Q1

cmtg

Interest Expense Excludes Interest Expense From Real Estate Owned Debt

InterestExpenseExcludesInterestExpenseFromRealEstateOwnedDebt

115931000

CY2023Q1

cmtg

Interest Expense Excludes Interest Expense From Real Estate Owned Debt

InterestExpenseExcludesInterestExpenseFromRealEstateOwnedDebt

106027000

CY2024Q1

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

44914000

CY2023Q1

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

58139000

CY2024Q1

cmtg

Real Estate Owned Operating Revenue

RealEstateOwnedOperatingRevenue

13911000

CY2023Q1

cmtg

Real Estate Owned Operating Revenue

RealEstateOwnedOperatingRevenue

10963000

CY2024Q1

us-gaap

Revenues

58825000

CY2023Q1

us-gaap

Revenues

69102000

CY2024Q1

us-gaap

Management Fee Expense

ManagementFeeExpense

9210000

CY2023Q1

us-gaap

Management Fee Expense

ManagementFeeExpense

9656000

CY2023Q1

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

1558000

CY2024Q1

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

3877000

CY2023Q1

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

4923000

CY2024Q1

us-gaap

Employee Benefits And Share Based Compensation

EmployeeBenefitsAndShareBasedCompensation

4353000

CY2023Q1

us-gaap

Employee Benefits And Share Based Compensation

EmployeeBenefitsAndShareBasedCompensation

3366000

CY2024Q1

cmtg

Real Estate Owned Operating Expenses

RealEstateOwnedOperatingExpenses

12880000

CY2023Q1

cmtg

Real Estate Owned Operating Expenses

RealEstateOwnedOperatingExpenses

10000000

CY2024Q1

cmtg

Real Estate Owned Interest Expense

RealEstateOwnedInterestExpense

6329000

CY2023Q1

cmtg

Real Estate Owned Interest Expense

RealEstateOwnedInterestExpense

5444000

CY2024Q1

cmtg

Real Estate Owned Depreciation And Amortization Expenses

RealEstateOwnedDepreciationAndAmortizationExpenses

2599000

CY2023Q1

cmtg

Real Estate Owned Depreciation And Amortization Expenses

RealEstateOwnedDepreciationAndAmortizationExpenses

2058000

CY2024Q1

us-gaap

Operating Expenses

OperatingExpenses

39248000

CY2023Q1

us-gaap

Operating Expenses

OperatingExpenses

37005000

CY2024Q1

cmtg

Realized Gain Loss From Derivatives

RealizedGainLossFromDerivatives

865000

CY2023Q1

cmtg

Realized Gain Loss From Derivatives

RealizedGainLossFromDerivatives

1183000

CY2024Q1

us-gaap

Unrealized Gain Loss On Cash Flow Hedging Instruments

UnrealizedGainLossOnCashFlowHedgingInstruments

-998000

CY2023Q1

us-gaap

Unrealized Gain Loss On Cash Flow Hedging Instruments

UnrealizedGainLossOnCashFlowHedgingInstruments

-1404000

CY2024Q1

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

-35000

CY2023Q1

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

1563000

CY2024Q1

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

-2244000

CY2024Q1

cmtg

Provision For Reversal Of Current Expected Credit Loss

ProvisionForReversalOfCurrentExpectedCreditLoss

69960000

CY2023Q1

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

138385810

CY2023Q1

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

138385810

CY2022Q3

cmtg

Provision For Reversal Of Current Expected Credit Loss

ProvisionForReversalOfCurrentExpectedCreditLoss

3239000

CY2024Q1

us-gaap

Profit Loss

ProfitLoss

-52795000

CY2024Q1

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

-0.39

CY2023Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

2299900000

CY2024Q1

us-gaap

Dividends Common Stock

DividendsCommonStock

35622000

CY2024Q1

us-gaap

Net Income Loss

NetIncomeLoss

-52795000

CY2024Q1

us-gaap

Net Income Loss

NetIncomeLoss

-52795000

CY2024Q1

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

2215883000

CY2024Q1

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

2215883000

CY2022Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

2456471000

CY2022Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

2456471000

CY2023Q1

us-gaap

Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

3409000

CY2023Q1

us-gaap

Dividends Common Stock

DividendsCommonStock

52404000

CY2023Q1

us-gaap

Net Income Loss

NetIncomeLoss

36678000

CY2023Q1

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

2444154000

CY2024Q1

us-gaap

Profit Loss

ProfitLoss

-52795000

CY2023Q1

us-gaap

Profit Loss

ProfitLoss

36678000

CY2024Q1

cmtg

Accretion Of Origination Fees On Loans Receivable Net

AccretionOfOriginationFeesOnLoansReceivableNet

4633000

CY2023Q1

cmtg

Accretion Of Origination Fees On Loans Receivable Net

AccretionOfOriginationFeesOnLoansReceivableNet

5247000

CY2024Q1

cmtg

Amortization Of Deferred Financing Costs

AmortizationOfDeferredFinancingCosts

5307000

CY2023Q1

cmtg

Amortization Of Deferred Financing Costs

AmortizationOfDeferredFinancingCosts

5967000

CY2024Q1

us-gaap

Share Based Compensation

ShareBasedCompensation

4400000

CY2023Q1

us-gaap

Share Based Compensation

ShareBasedCompensation

3409000

CY2024Q1

cmtg

Depreciation And Amortization On Real Estate Owned And In Place Lease Values

DepreciationAndAmortizationOnRealEstateOwnedAndInPlaceLeaseValues

2599000

CY2023Q1

cmtg

Depreciation And Amortization On Real Estate Owned And In Place Lease Values

DepreciationAndAmortizationOnRealEstateOwnedAndInPlaceLeaseValues

2058000

CY2024Q1

us-gaap

Amortization Of Above And Below Market Leases

AmortizationOfAboveAndBelowMarketLeases

354000

CY2024Q1

us-gaap

Unrealized Gain Loss On Cash Flow Hedging Instruments

UnrealizedGainLossOnCashFlowHedgingInstruments

-998000

CY2023Q1

us-gaap

Unrealized Gain Loss On Cash Flow Hedging Instruments

UnrealizedGainLossOnCashFlowHedgingInstruments

-1404000

CY2024Q1

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

-35000

CY2024Q1

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

-2244000

CY2024Q1

cmtg

Noncash Advances To Loans Receivable In Lieu Of Interest

NoncashAdvancesToLoansReceivableInLieuOfInterest

-11434000

CY2023Q1

cmtg

Noncash Advances To Loans Receivable In Lieu Of Interest

NoncashAdvancesToLoansReceivableInLieuOfInterest

-22376000

CY2024Q1

cmtg

Noncash Advances On Secured Financings In Lieu Of Interest

NoncashAdvancesOnSecuredFinancingsInLieuOfInterest

1979000

CY2023Q1

cmtg

Noncash Advances On Secured Financings In Lieu Of Interest

NoncashAdvancesOnSecuredFinancingsInLieuOfInterest

478000

CY2024Q1

cmtg

Repayment Of Noncash Advances To Loans Receivable In Lieu Of Interest

RepaymentOfNoncashAdvancesToLoansReceivableInLieuOfInterest

1371000

CY2023Q1

cmtg

Repayment Of Noncash Advances To Loans Receivable In Lieu Of Interest

RepaymentOfNoncashAdvancesToLoansReceivableInLieuOfInterest

2114000

CY2024Q1

cmtg

Provision For Reversal Of Current Expected Credit Loss

ProvisionForReversalOfCurrentExpectedCreditLoss

69960000

CY2023Q1

cmtg

Provision For Reversal Of Current Expected Credit Loss

ProvisionForReversalOfCurrentExpectedCreditLoss

-3239000

CY2024Q1

us-gaap

Increase Decrease In Other Operating Assets

IncreaseDecreaseInOtherOperatingAssets

-3407000

CY2023Q1

us-gaap

Increase Decrease In Other Operating Assets

IncreaseDecreaseInOtherOperatingAssets

2648000

CY2024Q1

us-gaap

Increase Decrease In Other Operating Liabilities

IncreaseDecreaseInOtherOperatingLiabilities

-2199000

CY2023Q1

us-gaap

Increase Decrease In Other Operating Liabilities

IncreaseDecreaseInOtherOperatingLiabilities

1125000

CY2024Q1

cmtg

Increase Decrease In Management Fee Payable Affiliate

IncreaseDecreaseInManagementFeePayableAffiliate

-105000

CY2023Q1

cmtg

Increase Decrease In Management Fee Payable Affiliate

IncreaseDecreaseInManagementFeePayableAffiliate

-211000

CY2023Q1

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

19507000

CY2024Q1

cmtg

Payments For Loan Originations Acquisitions And Advances Net Of Fees

PaymentsForLoanOriginationsAcquisitionsAndAdvancesNetOfFees

131920000

CY2023Q1

cmtg

Payments For Loan Originations Acquisitions And Advances Net Of Fees

PaymentsForLoanOriginationsAcquisitionsAndAdvancesNetOfFees

305658000

CY2024Q1

us-gaap

Proceeds From Collection Of Loans Receivable

ProceedsFromCollectionOfLoansReceivable

155789000

CY2023Q1

us-gaap

Proceeds From Collection Of Loans Receivable

ProceedsFromCollectionOfLoansReceivable

207761000

CY2024Q1

us-gaap

Proceeds From Sale Of Loans Receivable

ProceedsFromSaleOfLoansReceivable

261709000

CY2024Q1

cmtg

Extension And Exit Fees Received From Loans Receivable

ExtensionAndExitFeesReceivedFromLoansReceivable

1502000

CY2023Q1

cmtg

Extension And Exit Fees Received From Loans Receivable

ExtensionAndExitFeesReceivedFromLoansReceivable

948000

CY2024Q1

cmtg

Payments For Reserves Held For Loans Receivable

PaymentsForReservesHeldForLoansReceivable

5000

CY2024Q1

cmtg

Capital Expenditures On Real Estate Assets

CapitalExpendituresOnRealEstateAssets

-465000

CY2023Q1

cmtg

Capital Expenditures On Real Estate Assets

CapitalExpendituresOnRealEstateAssets

-676000

CY2024Q1

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

286610000

CY2023Q1

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

-97625000

CY2024Q1

us-gaap

Payments Of Dividends

PaymentsOfDividends

35328000

CY2023Q1

us-gaap

Dividends Common Stock

DividendsCommonStock

52404000

CY2023Q1

us-gaap

Net Income Loss

NetIncomeLoss

36678000

CY2023Q1

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

2444154000

CY2024Q1

us-gaap

Profit Loss

ProfitLoss

-52795000

CY2023Q1

us-gaap

Profit Loss

ProfitLoss

36678000

CY2024Q1

cmtg

Accretion Of Origination Fees On Loans Receivable Net

AccretionOfOriginationFeesOnLoansReceivableNet

4633000

CY2023Q1

cmtg

Accretion Of Origination Fees On Loans Receivable Net

AccretionOfOriginationFeesOnLoansReceivableNet

5247000

CY2024Q1

cmtg

Amortization Of Deferred Financing Costs

AmortizationOfDeferredFinancingCosts

5307000

CY2023Q1

cmtg

Amortization Of Deferred Financing Costs

AmortizationOfDeferredFinancingCosts

5967000

CY2024Q1

us-gaap

Share Based Compensation

ShareBasedCompensation

4400000

CY2023Q1

us-gaap

Share Based Compensation

ShareBasedCompensation

3409000

CY2023Q1

cmtg

Depreciation And Amortization On Real Estate Owned And In Place Lease Values

DepreciationAndAmortizationOnRealEstateOwnedAndInPlaceLeaseValues

2058000

CY2024Q1

us-gaap

Amortization Of Above And Below Market Leases

AmortizationOfAboveAndBelowMarketLeases

354000

CY2024Q1

us-gaap

Unrealized Gain Loss On Cash Flow Hedging Instruments

UnrealizedGainLossOnCashFlowHedgingInstruments

-998000

CY2023Q1

us-gaap

Unrealized Gain Loss On Cash Flow Hedging Instruments

UnrealizedGainLossOnCashFlowHedgingInstruments

-1404000

CY2024Q1

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

-35000

CY2023Q1

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

1563000

CY2024Q1

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

-2244000

CY2024Q1

cmtg

Noncash Advances To Loans Receivable In Lieu Of Interest

NoncashAdvancesToLoansReceivableInLieuOfInterest

-11434000

CY2023Q1

cmtg

Noncash Advances To Loans Receivable In Lieu Of Interest

NoncashAdvancesToLoansReceivableInLieuOfInterest

-22376000

CY2024Q1

cmtg

Noncash Advances On Secured Financings In Lieu Of Interest

NoncashAdvancesOnSecuredFinancingsInLieuOfInterest

1979000

CY2023Q1

cmtg

Noncash Advances On Secured Financings In Lieu Of Interest

NoncashAdvancesOnSecuredFinancingsInLieuOfInterest

478000

CY2024Q1

cmtg

Repayment Of Noncash Advances To Loans Receivable In Lieu Of Interest

RepaymentOfNoncashAdvancesToLoansReceivableInLieuOfInterest

1371000

CY2024Q1

cmtg

Provision For Reversal Of Current Expected Credit Loss

ProvisionForReversalOfCurrentExpectedCreditLoss

69960000

CY2023Q1

cmtg

Provision For Reversal Of Current Expected Credit Loss

ProvisionForReversalOfCurrentExpectedCreditLoss

-3239000

CY2024Q1

us-gaap

Increase Decrease In Other Operating Assets

IncreaseDecreaseInOtherOperatingAssets

-3407000

CY2023Q1

us-gaap

Increase Decrease In Other Operating Assets

IncreaseDecreaseInOtherOperatingAssets

2648000

CY2024Q1

us-gaap

Increase Decrease In Other Operating Liabilities

IncreaseDecreaseInOtherOperatingLiabilities

-2199000

CY2023Q1

us-gaap

Increase Decrease In Other Operating Liabilities

IncreaseDecreaseInOtherOperatingLiabilities

1125000

CY2024Q1

cmtg

Increase Decrease In Management Fee Payable Affiliate

IncreaseDecreaseInManagementFeePayableAffiliate

-105000

CY2023Q1

cmtg

Increase Decrease In Management Fee Payable Affiliate

IncreaseDecreaseInManagementFeePayableAffiliate

-211000

CY2023Q1

cmtg

Increase Decrease In Incentive Fee Payable Affiliate

IncreaseDecreaseInIncentiveFeePayableAffiliate

1558000

CY2024Q1

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

21488000

CY2023Q1

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

19507000

CY2024Q1

cmtg

Payments For Loan Originations Acquisitions And Advances Net Of Fees

PaymentsForLoanOriginationsAcquisitionsAndAdvancesNetOfFees

131920000

CY2023Q1

cmtg

Payments For Loan Originations Acquisitions And Advances Net Of Fees

PaymentsForLoanOriginationsAcquisitionsAndAdvancesNetOfFees

305658000

CY2024Q1

us-gaap

Proceeds From Collection Of Loans Receivable

ProceedsFromCollectionOfLoansReceivable

155789000

CY2023Q1

us-gaap

Proceeds From Collection Of Loans Receivable

ProceedsFromCollectionOfLoansReceivable

207761000

CY2024Q1

us-gaap

Proceeds From Sale Of Loans Receivable

ProceedsFromSaleOfLoansReceivable

261709000

CY2024Q1

cmtg

Extension And Exit Fees Received From Loans Receivable

ExtensionAndExitFeesReceivedFromLoansReceivable

1502000

CY2023Q1

cmtg

Extension And Exit Fees Received From Loans Receivable

ExtensionAndExitFeesReceivedFromLoansReceivable

948000

CY2024Q1

cmtg

Payments For Reserves Held For Loans Receivable

PaymentsForReservesHeldForLoansReceivable

5000

CY2024Q1

cmtg

Capital Expenditures On Real Estate Assets

CapitalExpendituresOnRealEstateAssets

-465000

CY2023Q1

cmtg

Capital Expenditures On Real Estate Assets

CapitalExpendituresOnRealEstateAssets

-676000

CY2024Q1

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

286610000

CY2023Q1

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

-97625000

CY2023Q1

us-gaap

Payments Of Dividends

PaymentsOfDividends

52001000

CY2024Q1

us-gaap

Proceeds From Issuance Of Secured Debt

ProceedsFromIssuanceOfSecuredDebt

155487000

CY2023Q1

us-gaap

Proceeds From Issuance Of Secured Debt

ProceedsFromIssuanceOfSecuredDebt

603173000

CY2024Q1

cmtg

Payment Of Deferred Financing Costs

PaymentOfDeferredFinancingCosts

5981000

CY2023Q1

cmtg

Payment Of Deferred Financing Costs

PaymentOfDeferredFinancingCosts

4215000

CY2024Q1

cmtg

Purchase Of Interest Rate Cap

PurchaseOfInterestRateCap

-508000

CY2024Q1

us-gaap

Repayments Of Secured Debt

RepaymentsOfSecuredDebt

372980000

CY2024Q1

us-gaap

Payments Of Dividends

PaymentsOfDividends

35328000

CY2023Q1

us-gaap

Payments Of Dividends

PaymentsOfDividends

52001000

CY2024Q1

us-gaap

Proceeds From Issuance Of Secured Debt

ProceedsFromIssuanceOfSecuredDebt

155487000

CY2023Q1

us-gaap

Proceeds From Issuance Of Secured Debt

ProceedsFromIssuanceOfSecuredDebt

603173000

CY2024Q1

cmtg

Payment Of Deferred Financing Costs

PaymentOfDeferredFinancingCosts

5981000

CY2023Q1

cmtg

Payment Of Deferred Financing Costs

PaymentOfDeferredFinancingCosts

4215000

CY2024Q1

cmtg

Purchase Of Interest Rate Cap

PurchaseOfInterestRateCap

-508000

CY2024Q1

us-gaap

Repayments Of Secured Debt

RepaymentsOfSecuredDebt

372980000

CY2024Q1

cmtg

Repayments Of Secured Term Loan

RepaymentsOfSecuredTermLoan

1907000

CY2023Q1

cmtg

Repayments Of Secured Term Loan

RepaymentsOfSecuredTermLoan

1907000

CY2024Q1

cmtg

Repayments Of Debt Related To Real Estate Owned

RepaymentsOfDebtRelatedToRealEstateOwned

10000000

CY2024Q1

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

-271217000

CY2023Q1

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

196060000

CY2024Q1

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

36881000

CY2023Q1

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

117942000

CY2023Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

214889000

CY2022Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

348159000

CY2024Q1

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

251770000

CY2023Q1

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

466101000

CY2024Q1

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

232514000

CY2023Q1

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

426503000

CY2024Q1

us-gaap

Restricted Cash

RestrictedCash

19256000

CY2023Q1

us-gaap

Restricted Cash

RestrictedCash

39598000

CY2024Q1

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

251770000

CY2023Q1

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

466101000

CY2024Q1

us-gaap

Interest Paid Net

InterestPaidNet

116590000

CY2023Q1

us-gaap

Interest Paid Net

InterestPaidNet

102755000

CY2024Q1

cmtg

Dividends Accrued

DividendsAccrued

35622000

CY2023Q1

cmtg

Dividends Accrued

DividendsAccrued

52404000

CY2023Q1

cmtg

Loan Principal Payment Held By Servicer

LoanPrincipalPaymentHeldByServicer

912000

CY2023Q1

cmtg

Accrued Deferred Financing Costs

AccruedDeferredFinancingCosts

3750000

CY2023Q1

us-gaap

Repayments Of Secured Debt

RepaymentsOfSecuredDebt

348990000

CY2024Q1

cmtg

Repayments Of Secured Term Loan

RepaymentsOfSecuredTermLoan

1907000

CY2023Q1

cmtg

Repayments Of Secured Term Loan

RepaymentsOfSecuredTermLoan

1907000

CY2024Q1

cmtg

Repayments Of Debt Related To Real Estate Owned

RepaymentsOfDebtRelatedToRealEstateOwned

10000000

CY2024Q1

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

-271217000

CY2023Q1

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

196060000

CY2024Q1

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

36881000

CY2023Q1

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

117942000

CY2023Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

214889000

CY2022Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

348159000

CY2024Q1

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

251770000

CY2023Q1

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

466101000

CY2024Q1

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

232514000

CY2023Q1

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

426503000

CY2024Q1

us-gaap

Restricted Cash

RestrictedCash

19256000

CY2023Q1

us-gaap

Restricted Cash

RestrictedCash

39598000

CY2024Q1

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

251770000

CY2023Q1

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

466101000

CY2024Q1

us-gaap

Interest Paid Net

InterestPaidNet

116590000

CY2023Q1

us-gaap

Interest Paid Net

InterestPaidNet

102755000

CY2024Q1

cmtg

Dividends Accrued

DividendsAccrued

35622000

CY2023Q1

cmtg

Dividends Accrued

DividendsAccrued

52404000

CY2023Q1

cmtg

Loan Principal Payment Held By Servicer

LoanPrincipalPaymentHeldByServicer

912000

CY2023Q1

cmtg

Accrued Deferred Financing Costs

AccruedDeferredFinancingCosts

3750000

CY2024Q1

us-gaap

Use Of Estimates

UseOfEstimates

Use of EstimatesThe preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Estimates that are particularly susceptible to our judgment include, but are not limited to, the adequacy of the current expected credit loss reserve and the impairment of certain assets.

CY2023Q4

cmtg

Loans Receivable Principal Outstanding Amount

LoansReceivablePrincipalOutstandingAmount

7044524000

CY2024Q1

us-gaap

Use Of Estimates

UseOfEstimates

Use of EstimatesThe preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Estimates that are particularly susceptible to our judgment include, but are not limited to, the adequacy of the current expected credit loss reserve and the impairment of certain assets.

CY2024Q1

us-gaap

Concentration Risk Credit Risk

ConcentrationRiskCreditRisk

Risks and UncertaintiesIn the normal course of business, we primarily encounter two significant types of economic risk: credit and market. Credit risk is the risk of default on our loans receivable that results from a borrower’s or counterparty’s inability or unwillingness to make contractually required payments. Market risk reflects changes in the value of the loans receivable due to changes in interest rates, spreads or other market factors, including risks that impact the value of the collateral underlying our loans. We believe that the carrying values of our loans receivable are reasonable taking into consideration these risks.

CY2024Q1

srt

Mortgage Loans On Real Estate Number Of Loans

MortgageLoansOnRealEstateNumberOfLoans

62

CY2024Q1

cmtg

Loan Commitment

LoanCommitment

7716014000

CY2024Q1

cmtg

Loans Receivable Principal Outstanding Amount

LoansReceivablePrincipalOutstandingAmount

6825672000

CY2024Q1

cmtg

Loans Receivable Net Of Specific Cecl Reserve

LoansReceivableNetOfSpecificCECLReserve

6729000000

CY2024Q1

us-gaap

Debt Weighted Average Interest Rate

DebtWeightedAverageInterestRate

0.0866

CY2024Q1

cmtg

Loans Receivable General Cecl Reserve

LoansReceivableGeneralCeclReserve

93729000

CY2024Q1

cmtg

Loans Receivable Net Reported Amount

LoansReceivableNetReportedAmount

6635271000

CY2024Q1

cmtg

Loans Receivable Specific Cecl Reserve

LoansReceivableSpecificCECLReserve

77600000

CY2024Q1

us-gaap

Debt Instrument Description Of Variable Rate Basis

DebtInstrumentDescriptionOfVariableRateBasis

0

CY2024Q1

us-gaap

Debt Instrument Description Of Variable Rate Basis

DebtInstrumentDescriptionOfVariableRateBasis

0

CY2023

srt

Mortgage Loans On Real Estate Number Of Loans

MortgageLoansOnRealEstateNumberOfLoans

65

CY2023Q4

cmtg

Loan Commitment

LoanCommitment

8121436000

CY2024Q1

us-gaap

Concentration Risk Credit Risk

ConcentrationRiskCreditRisk

Risks and UncertaintiesIn the normal course of business, we primarily encounter two significant types of economic risk: credit and market. Credit risk is the risk of default on our loans receivable that results from a borrower’s or counterparty’s inability or unwillingness to make contractually required payments. Market risk reflects changes in the value of the loans receivable due to changes in interest rates, spreads or other market factors, including risks that impact the value of the collateral underlying our loans. We believe that the carrying values of our loans receivable are reasonable taking into consideration these risks.

CY2024Q1

srt

Mortgage Loans On Real Estate Number Of Loans

MortgageLoansOnRealEstateNumberOfLoans

62

CY2024Q1

cmtg

Loan Commitment

LoanCommitment

7716014000

CY2024Q1

cmtg

Loans Receivable Principal Outstanding Amount

LoansReceivablePrincipalOutstandingAmount

6825672000

CY2024Q1

cmtg

Loans Receivable Net Of Specific Cecl Reserve

LoansReceivableNetOfSpecificCECLReserve

6729000000

CY2024Q1

us-gaap

Debt Weighted Average Interest Rate

DebtWeightedAverageInterestRate

0.0866

CY2024Q1

cmtg

Loans Receivable General Cecl Reserve

LoansReceivableGeneralCeclReserve

93729000

CY2024Q1

cmtg

Loans Receivable Net Reported Amount

LoansReceivableNetReportedAmount

6635271000

CY2024Q1

cmtg

Loans Receivable Specific Cecl Reserve

LoansReceivableSpecificCECLReserve

77600000

CY2024Q1

us-gaap

Debt Instrument Description Of Variable Rate Basis

DebtInstrumentDescriptionOfVariableRateBasis

0

CY2024Q1

us-gaap

Debt Instrument Description Of Variable Rate Basis

DebtInstrumentDescriptionOfVariableRateBasis

0

CY2023

srt

Mortgage Loans On Real Estate Number Of Loans

MortgageLoansOnRealEstateNumberOfLoans

65

CY2023Q4

cmtg

Loan Commitment

LoanCommitment

8121436000

CY2023Q4

cmtg

Loans Receivable Principal Outstanding Amount

LoansReceivablePrincipalOutstandingAmount

7044524000

CY2023Q4

cmtg

Loans Receivable Net Of Specific Cecl Reserve

LoansReceivableNetOfSpecificCECLReserve

6947796000

CY2023Q4

us-gaap

Debt Weighted Average Interest Rate

DebtWeightedAverageInterestRate

0.087

CY2023Q4

cmtg

Loans Receivable General Cecl Reserve

LoansReceivableGeneralCeclReserve

70371000

CY2023Q4

cmtg

Loans Receivable Net Reported Amount

LoansReceivableNetReportedAmount

6877425000

CY2023

cmtg

Loans Receivable Specific Cecl Reserve

LoansReceivableSpecificCECLReserve

72600000

CY2023

us-gaap

Debt Instrument Description Of Variable Rate Basis

DebtInstrumentDescriptionOfVariableRateBasis

0

CY2023

us-gaap

Debt Instrument Description Of Variable Rate Basis

DebtInstrumentDescriptionOfVariableRateBasis

0

CY2024Q1

cmtg

Unfunded Loan Commitment Loans Held For Sale

UnfundedLoanCommitmentLoansHeldForSale

105000000

CY2023Q4

cmtg

Loans Receivable Net Of Specific Cecl Reserve

LoansReceivableNetOfSpecificCECLReserve

6947796000

CY2023Q4

us-gaap

Debt Weighted Average Interest Rate

DebtWeightedAverageInterestRate

0.087

CY2023Q4

cmtg

Loans Receivable General Cecl Reserve

LoansReceivableGeneralCeclReserve

70371000

CY2023Q4

cmtg

Loans Receivable Net Reported Amount

LoansReceivableNetReportedAmount

6877425000

CY2023

cmtg

Loans Receivable Specific Cecl Reserve

LoansReceivableSpecificCECLReserve

72600000

CY2023

us-gaap

Debt Instrument Description Of Variable Rate Basis

DebtInstrumentDescriptionOfVariableRateBasis

0

CY2023

us-gaap

Debt Instrument Description Of Variable Rate Basis

DebtInstrumentDescriptionOfVariableRateBasis

0

CY2024Q1

cmtg

Unfunded Loan Commitment Loans Held For Sale

UnfundedLoanCommitmentLoansHeldForSale

105000000

CY2023Q4

cmtg

Loan Commitment Held For Sale

LoanCommitmentHeldForSale

378906000

CY2023

cmtg

Loans Receivable Unpaid Principal Balance

LoansReceivableUnpaidPrincipalBalance

271533000

CY2023Q4

us-gaap

Notes Receivable Gross

NotesReceivableGross

269177000

CY2023

cmtg

Loan Receivable Held For Sale Charge Off

LoanReceivableHeldForSaleChargeOff

7468000

CY2023Q4

us-gaap

Notes Receivable Net

NotesReceivableNet

261709000

CY2023

cmtg

Debt Instrument Extended Maturity Date

DebtInstrumentExtendedMaturityDate

2023-09-18

CY2024Q1

cmtg

Coupon Interest

CouponInterest

153007000

CY2023Q1

cmtg

Coupon Interest

CouponInterest

156616000

CY2024Q1

cmtg

Interest On Cash And Cash Equivalents And Other Income

InterestOnCashAndCashEquivalentsAndOtherIncome

3205000

CY2023Q1

cmtg

Interest On Cash And Cash Equivalents And Other Income

InterestOnCashAndCashEquivalentsAndOtherIncome

2303000

CY2024Q1

cmtg

Accretion Of Origination Fees Net

AccretionOfOriginationFeesNet

4633000

CY2023Q1

cmtg

Accretion Of Origination Fees Net

AccretionOfOriginationFeesNet

5247000

CY2024Q1

us-gaap

Interest And Other Income

InterestAndOtherIncome

160845000

CY2023Q1

us-gaap

Interest And Other Income

InterestAndOtherIncome

164166000

CY2023Q4

cmtg

Loan Commitment Held For Sale

LoanCommitmentHeldForSale

378906000

CY2023

cmtg

Loans Receivable Unpaid Principal Balance

LoansReceivableUnpaidPrincipalBalance

271533000

CY2023Q4

us-gaap

Notes Receivable Gross

NotesReceivableGross

269177000

CY2023

cmtg

Loan Receivable Held For Sale Charge Off

LoanReceivableHeldForSaleChargeOff

7468000

CY2023Q4

us-gaap

Notes Receivable Net

NotesReceivableNet

261709000

CY2023

cmtg

Debt Instrument Extended Maturity Date

DebtInstrumentExtendedMaturityDate

2023-09-18

CY2024Q1

cmtg

Coupon Interest

CouponInterest

153007000

CY2023Q1

cmtg

Coupon Interest

CouponInterest

156616000

CY2024Q1

cmtg

Interest On Cash And Cash Equivalents And Other Income

InterestOnCashAndCashEquivalentsAndOtherIncome

3205000

CY2023Q1

cmtg

Interest On Cash And Cash Equivalents And Other Income

InterestOnCashAndCashEquivalentsAndOtherIncome

2303000

CY2024Q1

cmtg

Accretion Of Origination Fees Net

AccretionOfOriginationFeesNet

4633000

CY2023Q1

cmtg

Accretion Of Origination Fees Net

AccretionOfOriginationFeesNet

5247000

CY2024Q1

us-gaap

Interest And Other Income

InterestAndOtherIncome

160845000

CY2023Q1

us-gaap

Interest And Other Income

InterestAndOtherIncome

164166000

CY2024Q1

cmtg

Pre Payment Penalties And Accelerated Fees

PrePaymentPenaltiesAndAcceleratedFees

1300000

CY2023Q1

cmtg

Pre Payment Penalties And Accelerated Fees

PrePaymentPenaltiesAndAcceleratedFees

300000

CY2024Q1

cmtg

Mortgage Loans On Real Estate Number Of Loans And Number Of Loans Held For Investment

MortgageLoansOnRealEstateNumberOfLoansAndNumberOfLoansHeldForInvestment

62

CY2024Q1

srt

Mortgage Loans On Real Estate Face Amount Of Mortgages

MortgageLoansOnRealEstateFaceAmountOfMortgages

6825672000

CY2024Q1

cmtg

Mortgage Loans On Real Estate Commercial And Consumer

MortgageLoansOnRealEstateCommercialAndConsumer

6729000000

CY2024Q1

cmtg

Mortgage Loans On Real Estate Commercial And Consumer Percentage Of Carrying Value

MortgageLoansOnRealEstateCommercialAndConsumerPercentageOfCarryingValue

1

CY2024Q1

cmtg

Loans And Lease Receivable General Cecl Reserve

LoansAndLeaseReceivableGeneralCeclReserve

93729000

CY2024Q1

us-gaap

Mortgage Loans On Real Estate Commercial And Consumer Net

MortgageLoansOnRealEstateCommercialAndConsumerNet

6635271000

CY2024Q1

cmtg

Pre Payment Penalties And Accelerated Fees

PrePaymentPenaltiesAndAcceleratedFees

1300000

CY2023Q1

cmtg

Pre Payment Penalties And Accelerated Fees

PrePaymentPenaltiesAndAcceleratedFees

300000

CY2024Q1

cmtg

Mortgage Loans On Real Estate Number Of Loans And Number Of Loans Held For Investment

MortgageLoansOnRealEstateNumberOfLoansAndNumberOfLoansHeldForInvestment

62

CY2024Q1

srt

Mortgage Loans On Real Estate Face Amount Of Mortgages

MortgageLoansOnRealEstateFaceAmountOfMortgages

6825672000

CY2024Q1

cmtg

Mortgage Loans On Real Estate Commercial And Consumer

MortgageLoansOnRealEstateCommercialAndConsumer

6729000000

CY2024Q1

cmtg

Loans And Lease Receivable General Cecl Reserve

LoansAndLeaseReceivableGeneralCeclReserve

93729000

CY2024Q1

us-gaap

Mortgage Loans On Real Estate Commercial And Consumer Net

MortgageLoansOnRealEstateCommercialAndConsumerNet

6635271000

CY2024Q1

cmtg

Loans Receivable Specific Cecl Reserve

LoansReceivableSpecificCECLReserve

77600000

CY2023

cmtg

Mortgage Loans On Real Estate Number Of Loans And Number Of Loans Held For Investment

MortgageLoansOnRealEstateNumberOfLoansAndNumberOfLoansHeldForInvestment

65

CY2023Q4

srt

Mortgage Loans On Real Estate Face Amount Of Mortgages

MortgageLoansOnRealEstateFaceAmountOfMortgages

7044524000

CY2023

cmtg

Mortgage Loans On Real Estate Commercial And Consumer

MortgageLoansOnRealEstateCommercialAndConsumer

6947796000

CY2023

cmtg

Mortgage Loans On Real Estate Commercial And Consumer Percentage Of Carrying Value

MortgageLoansOnRealEstateCommercialAndConsumerPercentageOfCarryingValue

1

CY2023Q4

cmtg

Loans And Lease Receivable General Cecl Reserve

LoansAndLeaseReceivableGeneralCeclReserve

70371000

CY2023Q4

us-gaap

Mortgage Loans On Real Estate Commercial And Consumer Net

MortgageLoansOnRealEstateCommercialAndConsumerNet

6877425000

CY2023

cmtg

Loans Receivable Specific Cecl Reserve

LoansReceivableSpecificCECLReserve

72600000

CY2024Q1

cmtg

Weighted Average Risk Rating On Loan Exposure

WeightedAverageRiskRatingOnLoanExposure

0.034

CY2023

cmtg

Weighted Average Risk Rating On Loan Exposure

WeightedAverageRiskRatingOnLoanExposure

0.033

CY2024Q1

cmtg

Non Accrual Loans Unpaid Principal Balance

NonAccrualLoansUnpaidPrincipalBalance

689470000

CY2024Q1

cmtg

Non Accrual Loan Carrying Value Gross

NonAccrualLoanCarryingValueGross

687556000

CY2024Q1

cmtg

Non Accrual Loans Specific Cecl Reserve

NonAccrualLoansSpecificCeclReserve

77606000

CY2024Q1

cmtg

Non Accrual Loans Net

NonAccrualLoansNet

609950000

CY2024Q1

cmtg

Loan Receivable Percent Non Accrual

LoanReceivablePercentNonAccrual

0.091

CY2024Q1

cmtg

Loan Receivable Number Of Additional Loans

LoanReceivableNumberOfAdditionalLoans

4

CY2024Q1

cmtg

Loan Receivable Non Accrual Carrying Value Remain On Accrual Status Maturity Default

LoanReceivableNonAccrualCarryingValueRemainOnAccrualStatusMaturityDefault

534800000

CY2024Q1

cmtg

Accrual Delinquent Loan Carrying Value

AccrualDelinquentLoanCarryingValue

78400000

CY2023

cmtg

Non Accrual Loans Unpaid Principal Balance

NonAccrualLoansUnpaidPrincipalBalance

717738000

CY2023Q4

cmtg

Non Accrual Loan Carrying Value Gross

NonAccrualLoanCarryingValueGross

715070000

CY2023

cmtg

Non Accrual Loans Specific Cecl Reserve

NonAccrualLoansSpecificCeclReserve

72587000

CY2023Q4

cmtg

Non Accrual Loans Net

NonAccrualLoansNet

642483000

CY2023

cmtg

Interest Recognized

InterestRecognized

300000

CY2023Q4

cmtg

Loan Receivable Percent Non Accrual

LoanReceivablePercentNonAccrual

0.092

CY2023Q4

cmtg

Loan Receivable Number Of Additional Loans

LoanReceivableNumberOfAdditionalLoans

4

CY2023Q4

cmtg

Loan Receivable Non Accrual Carrying Value Remain On Accrual Status Maturity Default

LoanReceivableNonAccrualCarryingValueRemainOnAccrualStatusMaturityDefault

490200000

CY2023Q4

cmtg

Accrual Delinquent Loan Carrying Value

AccrualDelinquentLoanCarryingValue

78400000

CY2024Q1

cmtg

Allowance For Credit Losses On Loan Receivables Tabletextblock

AllowanceForCreditLossesOnLoanReceivablesTabletextblock

The following table illustrates the changes in the current expected credit loss reserve for our loans receivable held-for-investment for the three months ended March 31, 2024 and 2023, respectively ($ in thousands): <table style="margin-left:auto;border-spacing:0;table-layout:fixed;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:30.4%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:12.139999999999999%;"></td> <td style="width:1%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:10.84%;"></td> <td style="width:1%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:11.54%;"></td> <td style="width:1%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:9.68%;"></td> <td style="width:1%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:9.2%;"></td> <td style="width:1%;"></td> </tr> <tr style="height:10pt;background-color:#ffffff;word-break:break-word;white-space:pre-wrap;"> <td style="vertical-align:top;"> </td> <td style="vertical-align:bottom;"> </td> <td colspan="2" style="vertical-align:bottom;"> </td> <td style="vertical-align:bottom;"> </td> <td style="vertical-align:bottom;"> </td> <td colspan="10" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">General CECL Reserve</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"> </td> <td style="vertical-align:bottom;"> </td> <td colspan="2" style="vertical-align:bottom;"> </td> <td style="vertical-align:bottom;"> </td> </tr> <tr style="height:8pt;background-color:#ffffff;word-break:break-word;white-space:pre-wrap;"> <td style="vertical-align:top;"> </td> <td style="vertical-align:bottom;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Specific CECL Reserve</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"> </td> <td style="vertical-align:bottom;text-align:left;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Loans Receivable Held-for-Investment</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"> </td> <td style="vertical-align:bottom;text-align:left;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Unfunded Loan Commitments (1)</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"> </td> <td style="vertical-align:bottom;text-align:left;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Total General CECL Reserve</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"> </td> <td style="vertical-align:bottom;text-align:left;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Total CECL Reserve</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;">Total reserve, December 31, 2022</td> <td style="white-space:pre-wrap;vertical-align:bottom;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">60,300</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">68,347</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">17,715</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">86,062</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">146,362</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;">Reversal</td> <td style="white-space:pre-wrap;vertical-align:bottom;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">-</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">(1,021</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;">)</td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">(2,218</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;">)</td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">(3,239</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;">)</td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">(3,239</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;">)</td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;">Total reserve, March 31, 2023</td> <td style="white-space:pre-wrap;vertical-align:bottom;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">60,300</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">67,326</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">15,497</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">82,823</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">143,123</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;white-space:pre-wrap;"> <td style="vertical-align:top;"> </td> <td style="vertical-align:top;"> </td> <td colspan="2" style="vertical-align:bottom;text-align:center;"> </td> <td style="vertical-align:bottom;text-align:center;"> </td> <td style="vertical-align:bottom;text-align:center;"> </td> <td colspan="2" style="vertical-align:bottom;text-align:center;"> </td> <td style="vertical-align:bottom;text-align:center;"> </td> <td style="vertical-align:bottom;text-align:center;"> </td> <td colspan="2" style="vertical-align:bottom;text-align:center;"> </td> <td style="vertical-align:bottom;text-align:center;"> </td> <td style="vertical-align:bottom;text-align:center;"> </td> <td colspan="2" style="vertical-align:bottom;text-align:center;"> </td> <td style="vertical-align:bottom;text-align:center;"> </td> <td style="vertical-align:bottom;text-align:center;"> </td> <td colspan="2" style="vertical-align:bottom;text-align:center;"> </td> <td style="vertical-align:bottom;text-align:center;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;">Total reserve, December 31, 2023</td> <td style="white-space:pre-wrap;vertical-align:bottom;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">72,587</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">70,371</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">9,726</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">80,097</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">152,684</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;">Provision</td> <td style="white-space:pre-wrap;vertical-align:bottom;"> </td> <td style="white-space:nowrap;vertical-align:top;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;">47,285</td> <td style="white-space:nowrap;vertical-align:top;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;">23,358</td> <td style="white-space:nowrap;vertical-align:top;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;">(683</td> <td style="white-space:nowrap;vertical-align:top;">)</td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;">22,675</td> <td style="white-space:nowrap;vertical-align:top;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;">69,960</td> <td style="white-space:nowrap;vertical-align:top;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;">Principal charge-offs</td> <td style="white-space:pre-wrap;vertical-align:bottom;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">(42,266</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;">)</td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">-</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">-</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">-</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">(42,266</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;">)</td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;">Total reserve, March 31, 2024</td> <td style="white-space:pre-wrap;vertical-align:bottom;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">77,606</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">93,729</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">9,043</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">102,772</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">180,378</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td colspan="2" style="white-space:pre-wrap;vertical-align:top;">Reserve at March 31, 2024 (2)</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">1.1</td> <td style="white-space:nowrap;vertical-align:bottom;">%</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td colspan="2" style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td colspan="2" style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">1.5</td> <td style="white-space:nowrap;vertical-align:bottom;">%</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">2.6</td> <td style="white-space:nowrap;vertical-align:bottom;">%</td> </tr> </table><div style="display:flex;margin-top:12pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;">(1)<div style="width:100%;display:inline;">The CECL reserve for unfunded commitments is included in other liabilities on the consolidated balance sheets.</div></div><div style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;">(2)<div style="width:100%;display:inline;">Represents CECL reserve as a percent of total unpaid principal balance of loans receivable held-for-investment as of March 31, 2024.</div></div>

CY2024Q1

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

70000000

CY2024Q1

cmtg

Increase In Loans Receivable Specific Cecl Reserve

IncreaseInLoansReceivableSpecificCeclReserve

22700000

CY2024Q1

cmtg

Loans And Lease Receivable Reversal Of General Cecl Reserve

LoansAndLeaseReceivableReversalOfGeneralCeclReserve

47300000

CY2024Q1

cmtg

Loans Receivable Provision For Current Expected Credit Losses

LoansReceivableProvisionForCurrentExpectedCreditLosses

180400000

CY2023Q1

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

3200000

CY2023Q1

cmtg

Loans Receivable Provision For Current Expected Credit Losses

LoansReceivableProvisionForCurrentExpectedCreditLosses

143100000

CY2024Q1

cmtg

Loans Receivable Specific Cecl Reserve

LoansReceivableSpecificCECLReserve

77600000

CY2023

cmtg

Mortgage Loans On Real Estate Number Of Loans And Number Of Loans Held For Investment

MortgageLoansOnRealEstateNumberOfLoansAndNumberOfLoansHeldForInvestment

65

CY2023Q4

srt

Mortgage Loans On Real Estate Face Amount Of Mortgages

MortgageLoansOnRealEstateFaceAmountOfMortgages

7044524000

CY2023

cmtg

Mortgage Loans On Real Estate Commercial And Consumer

MortgageLoansOnRealEstateCommercialAndConsumer

6947796000

CY2023

cmtg

Mortgage Loans On Real Estate Commercial And Consumer Percentage Of Carrying Value

MortgageLoansOnRealEstateCommercialAndConsumerPercentageOfCarryingValue

1

CY2023Q4

cmtg

Loans And Lease Receivable General Cecl Reserve

LoansAndLeaseReceivableGeneralCeclReserve

70371000

CY2023Q4

us-gaap

Mortgage Loans On Real Estate Commercial And Consumer Net

MortgageLoansOnRealEstateCommercialAndConsumerNet

6877425000

CY2023

cmtg

Loans Receivable Specific Cecl Reserve

LoansReceivableSpecificCECLReserve

72600000

CY2024Q1

cmtg

Weighted Average Risk Rating On Loan Exposure

WeightedAverageRiskRatingOnLoanExposure

0.034

CY2023

cmtg

Weighted Average Risk Rating On Loan Exposure

WeightedAverageRiskRatingOnLoanExposure

0.033

CY2024Q1

cmtg

Non Accrual Loans Unpaid Principal Balance

NonAccrualLoansUnpaidPrincipalBalance

689470000

CY2024Q1

cmtg

Non Accrual Loan Carrying Value Gross

NonAccrualLoanCarryingValueGross

687556000

CY2024Q1

cmtg

Non Accrual Loans Specific Cecl Reserve

NonAccrualLoansSpecificCeclReserve

77606000

CY2024Q1

cmtg

Non Accrual Loans Net

NonAccrualLoansNet

609950000

CY2024Q1

cmtg

Loan Receivable Percent Non Accrual

LoanReceivablePercentNonAccrual

0.091

CY2024Q1

cmtg

Loan Receivable Number Of Additional Loans

LoanReceivableNumberOfAdditionalLoans

4

CY2024Q1

cmtg

Loan Receivable Non Accrual Carrying Value Remain On Accrual Status Maturity Default

LoanReceivableNonAccrualCarryingValueRemainOnAccrualStatusMaturityDefault

534800000

CY2024Q1

cmtg

Accrual Delinquent Loan Carrying Value

AccrualDelinquentLoanCarryingValue

78400000

CY2023

cmtg

Non Accrual Loans Unpaid Principal Balance

NonAccrualLoansUnpaidPrincipalBalance

717738000

CY2023Q4

cmtg

Non Accrual Loan Carrying Value Gross

NonAccrualLoanCarryingValueGross

715070000

CY2023

cmtg

Non Accrual Loans Specific Cecl Reserve

NonAccrualLoansSpecificCeclReserve

72587000

CY2023Q4

cmtg

Non Accrual Loans Net

NonAccrualLoansNet

642483000

CY2023

cmtg

Interest Recognized

InterestRecognized

300000

CY2023Q4

cmtg

Loan Receivable Percent Non Accrual

LoanReceivablePercentNonAccrual

0.092

CY2023Q4

cmtg

Loan Receivable Number Of Additional Loans

LoanReceivableNumberOfAdditionalLoans

4

CY2023Q4

cmtg

Loan Receivable Non Accrual Carrying Value Remain On Accrual Status Maturity Default

LoanReceivableNonAccrualCarryingValueRemainOnAccrualStatusMaturityDefault

490200000

CY2023Q4

cmtg

Accrual Delinquent Loan Carrying Value

AccrualDelinquentLoanCarryingValue

78400000

CY2024Q1

cmtg

Allowance For Credit Losses On Loan Receivables Tabletextblock

AllowanceForCreditLossesOnLoanReceivablesTabletextblock

The following table illustrates the changes in the current expected credit loss reserve for our loans receivable held-for-investment for the three months ended March 31, 2024 and 2023, respectively ($ in thousands): <table style="margin-left:auto;border-spacing:0;table-layout:fixed;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:30.4%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:12.139999999999999%;"></td> <td style="width:1%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:10.84%;"></td> <td style="width:1%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:11.54%;"></td> <td style="width:1%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:9.68%;"></td> <td style="width:1%;"></td> <td style="width:1.24%;"></td> <td style="width:1%;"></td> <td style="width:9.2%;"></td> <td style="width:1%;"></td> </tr> <tr style="height:10pt;background-color:#ffffff;word-break:break-word;white-space:pre-wrap;"> <td style="vertical-align:top;"> </td> <td style="vertical-align:bottom;"> </td> <td colspan="2" style="vertical-align:bottom;"> </td> <td style="vertical-align:bottom;"> </td> <td style="vertical-align:bottom;"> </td> <td colspan="10" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">General CECL Reserve</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"> </td> <td style="vertical-align:bottom;"> </td> <td colspan="2" style="vertical-align:bottom;"> </td> <td style="vertical-align:bottom;"> </td> </tr> <tr style="height:8pt;background-color:#ffffff;word-break:break-word;white-space:pre-wrap;"> <td style="vertical-align:top;"> </td> <td style="vertical-align:bottom;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Specific CECL Reserve</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"> </td> <td style="vertical-align:bottom;text-align:left;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Loans Receivable Held-for-Investment</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"> </td> <td style="vertical-align:bottom;text-align:left;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Unfunded Loan Commitments (1)</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"> </td> <td style="vertical-align:bottom;text-align:left;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Total General CECL Reserve</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"> </td> <td style="vertical-align:bottom;text-align:left;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Total CECL Reserve</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;">Total reserve, December 31, 2022</td> <td style="white-space:pre-wrap;vertical-align:bottom;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">60,300</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">68,347</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">17,715</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">86,062</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">146,362</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;">Reversal</td> <td style="white-space:pre-wrap;vertical-align:bottom;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">-</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">(1,021</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;">)</td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">(2,218</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;">)</td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">(3,239</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;">)</td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">(3,239</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;">)</td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;">Total reserve, March 31, 2023</td> <td style="white-space:pre-wrap;vertical-align:bottom;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">60,300</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">67,326</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">15,497</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">82,823</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">143,123</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;white-space:pre-wrap;"> <td style="vertical-align:top;"> </td> <td style="vertical-align:top;"> </td> <td colspan="2" style="vertical-align:bottom;text-align:center;"> </td> <td style="vertical-align:bottom;text-align:center;"> </td> <td style="vertical-align:bottom;text-align:center;"> </td> <td colspan="2" style="vertical-align:bottom;text-align:center;"> </td> <td style="vertical-align:bottom;text-align:center;"> </td> <td style="vertical-align:bottom;text-align:center;"> </td> <td colspan="2" style="vertical-align:bottom;text-align:center;"> </td> <td style="vertical-align:bottom;text-align:center;"> </td> <td style="vertical-align:bottom;text-align:center;"> </td> <td colspan="2" style="vertical-align:bottom;text-align:center;"> </td> <td style="vertical-align:bottom;text-align:center;"> </td> <td style="vertical-align:bottom;text-align:center;"> </td> <td colspan="2" style="vertical-align:bottom;text-align:center;"> </td> <td style="vertical-align:bottom;text-align:center;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;">Total reserve, December 31, 2023</td> <td style="white-space:pre-wrap;vertical-align:bottom;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">72,587</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">70,371</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">9,726</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">80,097</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">152,684</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;">Provision</td> <td style="white-space:pre-wrap;vertical-align:bottom;"> </td> <td style="white-space:nowrap;vertical-align:top;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;">47,285</td> <td style="white-space:nowrap;vertical-align:top;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;">23,358</td> <td style="white-space:nowrap;vertical-align:top;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;">(683</td> <td style="white-space:nowrap;vertical-align:top;">)</td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;">22,675</td> <td style="white-space:nowrap;vertical-align:top;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;">69,960</td> <td style="white-space:nowrap;vertical-align:top;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;">Principal charge-offs</td> <td style="white-space:pre-wrap;vertical-align:bottom;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">(42,266</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;">)</td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">-</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">-</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">-</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:top;border-bottom:0.5pt solid #000000;text-align:center;">(42,266</td> <td style="white-space:nowrap;vertical-align:top;border-bottom:0.5pt solid #ffffff03;">)</td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;">Total reserve, March 31, 2024</td> <td style="white-space:pre-wrap;vertical-align:bottom;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">77,606</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">93,729</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">9,043</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">102,772</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">180,378</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td colspan="2" style="white-space:pre-wrap;vertical-align:top;">Reserve at March 31, 2024 (2)</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">1.1</td> <td style="white-space:nowrap;vertical-align:bottom;">%</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td colspan="2" style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td colspan="2" style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">1.5</td> <td style="white-space:nowrap;vertical-align:bottom;">%</td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">2.6</td> <td style="white-space:nowrap;vertical-align:bottom;">%</td> </tr> </table><div style="display:flex;margin-top:12pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;">(1)<div style="width:100%;display:inline;">The CECL reserve for unfunded commitments is included in other liabilities on the consolidated balance sheets.</div></div><div style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;">(2)<div style="width:100%;display:inline;">Represents CECL reserve as a percent of total unpaid principal balance of loans receivable held-for-investment as of March 31, 2024.</div></div>

CY2024Q1

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

70000000

CY2024Q1

cmtg

Increase In Loans Receivable Specific Cecl Reserve

IncreaseInLoansReceivableSpecificCeclReserve

22700000

CY2024Q1

cmtg

Loans And Lease Receivable Reversal Of General Cecl Reserve

LoansAndLeaseReceivableReversalOfGeneralCeclReserve

47300000

CY2024Q1

cmtg

Loans Receivable Provision For Current Expected Credit Losses

LoansReceivableProvisionForCurrentExpectedCreditLosses

180400000

CY2023Q1

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

3200000

CY2023Q1

cmtg

Loans Receivable Provision For Current Expected Credit Losses

LoansReceivableProvisionForCurrentExpectedCreditLosses

143100000

CY2024Q1

cmtg

Loans And Leases Receivable Number Of Contract

LoansAndLeasesReceivableNumberOfContract

62

CY2024Q1

cmtg

Amortized Cost Basis

AmortizedCostBasis

6729000000

CY2024Q1

cmtg

Loan Receivable Originated In Current Fiscal Year

LoanReceivableOriginatedInCurrentFiscalYear

100989000

CY2024Q1

cmtg

Loan Receivable Originated In Fiscal Year Before Latest Fiscal Year

LoanReceivableOriginatedInFiscalYearBeforeLatestFiscalYear

2468490000

CY2024Q1

cmtg

Loan Receivable Originated Two Years Before Latest Fiscal Year

LoanReceivableOriginatedTwoYearsBeforeLatestFiscalYear

1706557000

CY2024Q1

cmtg

Loan Receivable Originated Three Years Before Latest Fiscal Year

LoanReceivableOriginatedThreeYearsBeforeLatestFiscalYear

179050000

CY2024Q1

cmtg

Loan Receivable Originated Four Years Before Latest Fiscal Year

LoanReceivableOriginatedFourYearsBeforeLatestFiscalYear

1543567000

CY2024Q1

cmtg

Loan Receivable Originated Five Or More Years Before Latest Fiscal Year

LoanReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear

730347000

CY2024Q1

cmtg

Loans And Leases Receivable Number Of Contract

LoansAndLeasesReceivableNumberOfContract

62

CY2024Q1

cmtg

Amortized Cost Basis

AmortizedCostBasis

6729000000

CY2024Q1

cmtg

Loan Receivable Originated In Current Fiscal Year

LoanReceivableOriginatedInCurrentFiscalYear

100989000

CY2024Q1

cmtg

Loan Receivable Originated In Fiscal Year Before Latest Fiscal Year

LoanReceivableOriginatedInFiscalYearBeforeLatestFiscalYear

2468490000

CY2024Q1

cmtg

Loan Receivable Originated Two Years Before Latest Fiscal Year

LoanReceivableOriginatedTwoYearsBeforeLatestFiscalYear

1706557000

CY2024Q1

cmtg

Loan Receivable Originated Three Years Before Latest Fiscal Year

LoanReceivableOriginatedThreeYearsBeforeLatestFiscalYear

179050000

CY2024Q1

cmtg

Loan Receivable Originated Four Years Before Latest Fiscal Year

LoanReceivableOriginatedFourYearsBeforeLatestFiscalYear

1543567000

CY2024Q1

cmtg

Loan Receivable Originated Five Or More Years Before Latest Fiscal Year

LoanReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear

730347000

CY2024Q1

cmtg

Loan Receivable Originated Two Years Write Offs Before Latest Fiscal Year

LoanReceivableOriginatedTwoYearsWriteOffsBeforeLatestFiscalYear

42266000

CY2024Q1

cmtg

Loans Receivable Specific Cecl Reserve

LoansReceivableSpecificCECLReserve

77600000

CY2024Q1

us-gaap

Foreclosed Assets

ForeclosedAssets

547464000

CY2023Q4

us-gaap

Foreclosed Assets

ForeclosedAssets

546999000

CY2024Q1

us-gaap

Real Estate Owned Accumulated Depreciation

RealEstateOwnedAccumulatedDepreciation

26439000

CY2023Q4

us-gaap

Real Estate Owned Accumulated Depreciation

RealEstateOwnedAccumulatedDepreciation

24040000

CY2024Q1

us-gaap

Real Estate Acquired Through Foreclosure

RealEstateAcquiredThroughForeclosure

521025000

CY2023Q4

us-gaap

Real Estate Acquired Through Foreclosure

RealEstateAcquiredThroughForeclosure

522959000

CY2024Q1

us-gaap

Depreciation

2400000

CY2023Q1

us-gaap

Depreciation

2100000

CY2024Q1

cmtg

Loan Receivable Originated Two Years Write Offs Before Latest Fiscal Year

LoanReceivableOriginatedTwoYearsWriteOffsBeforeLatestFiscalYear

42266000

CY2024Q1

cmtg

Loans Receivable Specific Cecl Reserve

LoansReceivableSpecificCECLReserve

77600000

CY2024Q1

us-gaap

Foreclosed Assets

ForeclosedAssets

547464000

CY2023Q4

us-gaap

Foreclosed Assets

ForeclosedAssets

546999000

CY2024Q1

us-gaap

Real Estate Owned Accumulated Depreciation

RealEstateOwnedAccumulatedDepreciation

26439000

CY2023Q4

us-gaap

Real Estate Owned Accumulated Depreciation

RealEstateOwnedAccumulatedDepreciation

24040000

CY2024Q1

us-gaap

Real Estate Acquired Through Foreclosure

RealEstateAcquiredThroughForeclosure

521025000

CY2023Q4

us-gaap

Real Estate Acquired Through Foreclosure

RealEstateAcquiredThroughForeclosure

522959000

CY2024Q1

us-gaap

Depreciation

2400000

CY2023Q1

us-gaap

Depreciation

2100000

CY2024Q1

us-gaap

Impairment Of Real Estate

ImpairmentOfRealEstate

0

CY2024Q1

cmtg

Real Estate Owned Operating Revenue

RealEstateOwnedOperatingRevenue

13911000

CY2023Q1

cmtg

Real Estate Owned Operating Revenue

RealEstateOwnedOperatingRevenue

10963000

CY2024Q1

us-gaap

Operating Costs And Expenses

OperatingCostsAndExpenses

12880000

CY2023Q1

us-gaap

Operating Costs And Expenses

OperatingCostsAndExpenses

10000000

CY2024Q1

cmtg

Amortization Of Below Market Leases

AmortizationOfBelowMarketLeases

100000

CY2024Q1

us-gaap

Impairment Of Real Estate

ImpairmentOfRealEstate

0

CY2024Q1

cmtg

Real Estate Owned Operating Revenue

RealEstateOwnedOperatingRevenue

13911000

CY2023Q1

cmtg

Real Estate Owned Operating Revenue

RealEstateOwnedOperatingRevenue

10963000

CY2024Q1

us-gaap

Operating Costs And Expenses

OperatingCostsAndExpenses

12880000

CY2023Q1

us-gaap

Operating Costs And Expenses

OperatingCostsAndExpenses

10000000

CY2024Q1

us-gaap

Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year

LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear

6234000

CY2024Q1

us-gaap

Lessor Operating Lease Payments To Be Received Next Twelve Months

LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths

8383000

CY2024Q1

us-gaap

Lessor Operating Lease Payments To Be Received Two Years

LessorOperatingLeasePaymentsToBeReceivedTwoYears

8415000

CY2024Q1

us-gaap

Lessor Operating Lease Payments To Be Received Three Years

LessorOperatingLeasePaymentsToBeReceivedThreeYears

8432000

CY2024Q1

us-gaap

Lessor Operating Lease Payments To Be Received Four Years

LessorOperatingLeasePaymentsToBeReceivedFourYears

8323000

CY2024Q1

us-gaap

Lessor Operating Lease Payments To Be Received Thereafter

LessorOperatingLeasePaymentsToBeReceivedThereafter

27462000

CY2024Q1

us-gaap

Lessor Operating Lease Payments To Be Received

LessorOperatingLeasePaymentsToBeReceived

67249000

CY2024Q1

cmtg

In Place Above Market And Other Lease Values Gross

InPlaceAboveMarketAndOtherLeaseValuesGross

24289000

CY2023Q4

cmtg

In Place Above Market And Other Lease Values Gross

InPlaceAboveMarketAndOtherLeaseValuesGross

24289000

CY2024Q1

cmtg

In Place Above Market And Other Lease Intangibles Accumulated Amortization

InPlaceAboveMarketAndOtherLeaseIntangiblesAccumulatedAmortization

1944000

CY2023Q4

cmtg

In Place Above Market And Other Lease Intangibles Accumulated Amortization

InPlaceAboveMarketAndOtherLeaseIntangiblesAccumulatedAmortization

1296000

CY2024Q1

cmtg

In Place Above Market And Other Lease Values Net

InPlaceAboveMarketAndOtherLeaseValuesNet

22345000

CY2023Q4

cmtg

In Place Above Market And Other Lease Values Net

InPlaceAboveMarketAndOtherLeaseValuesNet

22993000

CY2024Q1

us-gaap

Below Market Lease Gross

BelowMarketLeaseGross

4209000

CY2023Q4

us-gaap

Below Market Lease Gross

BelowMarketLeaseGross

4209000

CY2024Q1

us-gaap

Below Market Lease Accumulated Amortization

BelowMarketLeaseAccumulatedAmortization

283000

CY2023Q4

us-gaap

Below Market Lease Accumulated Amortization

BelowMarketLeaseAccumulatedAmortization

188000

CY2024Q1

us-gaap

Below Market Lease Net

BelowMarketLeaseNet

3926000

CY2023Q4

us-gaap

Below Market Lease Net

BelowMarketLeaseNet

4021000

CY2024Q1

cmtg

Amortization Of In Place And Other Lease

AmortizationOfInPlaceAndOtherLease

200000

CY2024Q1

cmtg

Amortization Of Above Market Lease

AmortizationOfAboveMarketLease

400000

CY2024Q1

us-gaap

Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year

LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear

6234000

CY2024Q1

us-gaap

Lessor Operating Lease Payments To Be Received Next Twelve Months

LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths

8383000

CY2024Q1

us-gaap

Lessor Operating Lease Payments To Be Received Two Years

LessorOperatingLeasePaymentsToBeReceivedTwoYears

8415000

CY2024Q1

us-gaap

Lessor Operating Lease Payments To Be Received Three Years

LessorOperatingLeasePaymentsToBeReceivedThreeYears

8432000

CY2024Q1

us-gaap

Lessor Operating Lease Payments To Be Received Four Years

LessorOperatingLeasePaymentsToBeReceivedFourYears

8323000

CY2024Q1

us-gaap

Lessor Operating Lease Payments To Be Received Thereafter

LessorOperatingLeasePaymentsToBeReceivedThereafter

27462000

CY2024Q1

us-gaap

Lessor Operating Lease Payments To Be Received

LessorOperatingLeasePaymentsToBeReceived

67249000

CY2024Q1

cmtg

In Place Above Market And Other Lease Values Gross

InPlaceAboveMarketAndOtherLeaseValuesGross

24289000

CY2023Q4

cmtg

In Place Above Market And Other Lease Values Gross

InPlaceAboveMarketAndOtherLeaseValuesGross

24289000

CY2024Q1

cmtg

In Place Above Market And Other Lease Intangibles Accumulated Amortization

InPlaceAboveMarketAndOtherLeaseIntangiblesAccumulatedAmortization

1944000

CY2023Q4

cmtg

In Place Above Market And Other Lease Values Net

InPlaceAboveMarketAndOtherLeaseValuesNet

22993000

CY2024Q1

us-gaap

Below Market Lease Gross

BelowMarketLeaseGross

4209000

CY2023Q4

us-gaap

Below Market Lease Gross

BelowMarketLeaseGross

4209000

CY2024Q1

us-gaap

Below Market Lease Accumulated Amortization

BelowMarketLeaseAccumulatedAmortization

283000

CY2023Q4

us-gaap

Below Market Lease Accumulated Amortization

BelowMarketLeaseAccumulatedAmortization

188000

CY2024Q1

us-gaap

Below Market Lease Net

BelowMarketLeaseNet

3926000

CY2023Q4

us-gaap

Below Market Lease Net

BelowMarketLeaseNet

4021000

CY2024Q1

cmtg

Amortization Of In Place And Other Lease

AmortizationOfInPlaceAndOtherLease

200000

CY2024Q1

cmtg

Amortization Of Above Market Lease

AmortizationOfAboveMarketLease

400000

CY2024Q1

cmtg

Amortization Of Below Market Leases

AmortizationOfBelowMarketLeases

100000

CY2024Q1

cmtg

In Place And Other Lease Values Amortization Income Remainder Of Fiscal Year

InPlaceAndOtherLeaseValuesAmortizationIncomeRemainderOfFiscalYear

601000

CY2024Q1

cmtg

Above Market Lease Amortization Income Remainder Of Fiscal Year

AboveMarketLeaseAmortizationIncomeRemainderOfFiscalYear

-1343000

CY2024Q1

us-gaap

Below Market Lease Amortization Income Remainder Of Fiscal Year

BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear

283000

CY2024Q1

cmtg

In Place And Other Lease Values Amortization Income Next Twelve Months

InPlaceAndOtherLeaseValuesAmortizationIncomeNextTwelveMonths

802000

CY2024Q1

cmtg

Above Market Lease Amortization Income Next Twelve Months

AboveMarketLeaseAmortizationIncomeNextTwelveMonths

-1791000

CY2024Q1

us-gaap

Below Market Lease Amortization Income Next Twelve Months

BelowMarketLeaseAmortizationIncomeNextTwelveMonths

377000

CY2024Q1

cmtg

In Place And Other Lease Values Amortization Income Remainder Of Fiscal Year

InPlaceAndOtherLeaseValuesAmortizationIncomeRemainderOfFiscalYear

601000

CY2024Q1

us-gaap

Below Market Lease Amortization Income Remainder Of Fiscal Year

BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear

283000

CY2024Q1

cmtg

In Place And Other Lease Values Amortization Income Next Twelve Months

InPlaceAndOtherLeaseValuesAmortizationIncomeNextTwelveMonths

802000

CY2024Q1

cmtg

Above Market Lease Amortization Income Next Twelve Months

AboveMarketLeaseAmortizationIncomeNextTwelveMonths

-1791000

CY2024Q1

us-gaap

Below Market Lease Amortization Income Next Twelve Months

BelowMarketLeaseAmortizationIncomeNextTwelveMonths

377000

CY2024Q1

cmtg

In Place And Other Lease Values Amortization Income Year Two

InPlaceAndOtherLeaseValuesAmortizationIncomeYearTwo

802000

CY2024Q1

us-gaap

Below Market Lease Amortization Income Year Two

BelowMarketLeaseAmortizationIncomeYearTwo

377000

CY2024Q1

cmtg

In Place And Other Lease Values Amortization Income Year Three

InPlaceAndOtherLeaseValuesAmortizationIncomeYearThree

802000

CY2024Q1

cmtg

Above Market Lease Amortization Income Year Three

AboveMarketLeaseAmortizationIncomeYearThree

-1791000

CY2024Q1

us-gaap

Below Market Lease Amortization Income Year Three

BelowMarketLeaseAmortizationIncomeYearThree

377000

CY2024Q1

cmtg

In Place And Other Lease Values Amortization Income Year Four

InPlaceAndOtherLeaseValuesAmortizationIncomeYearFour

769000

CY2024Q1

cmtg

Above Market Lease Amortization Income Year Four

AboveMarketLeaseAmortizationIncomeYearFour

-1771000

CY2024Q1

us-gaap

Below Market Lease Amortization Income Year Four

BelowMarketLeaseAmortizationIncomeYearFour

377000

CY2024Q1

cmtg

In Place And Other Lease Values Amortization Income Year After Year Four

InPlaceAndOtherLeaseValuesAmortizationIncomeYearAfterYearFour

2025000

CY2024Q1

cmtg

Above Market Lease Amortization Income After Year Four

AboveMarketLeaseAmortizationIncomeAfterYearFour

-8057000

CY2024Q1

cmtg

Below Market Lease Amortization Income After Year Four

BelowMarketLeaseAmortizationIncomeAfterYearFour

2135000

CY2024Q1

cmtg

In Place Other Lease Value Five Year Total

InPlaceOtherLeaseValueFiveYearTotal

5801000

CY2024Q1

cmtg

Above Market Lease Value Five Year Total

AboveMarketLeaseValueFiveYearTotal

-16544000

CY2024Q1

cmtg

Below Market Lease Value Five Year Total

BelowMarketLeaseValueFiveYearTotal

3926000

CY2024Q1

cmtg

Weighted Average Amortization Period For In Place And Other Lease Intangibles

WeightedAverageAmortizationPeriodForInPlaceAndOtherLeaseIntangibles

P8Y10M24D

CY2024Q1

cmtg

Weighted Average Amortization Period For Above Market Lease

WeightedAverageAmortizationPeriodForAboveMarketLease

P10Y6M

CY2024Q1

cmtg

Weighted Average Amortization Period For Below Market Lease

WeightedAverageAmortizationPeriodForBelowMarketLease

P11Y3M18D

CY2024Q1

cmtg

Debt Obligation Capacity

DebtObligationCapacity

7215853000

CY2024Q1

us-gaap

Long Term Debt

LongTermDebt

5468284000

CY2024Q1

cmtg

Debt Obligation Weighted Average Spread

DebtObligationWeightedAverageSpread

0.0303

CY2023Q4

cmtg

Debt Obligation Capacity

DebtObligationCapacity

7265860000

CY2023Q4

us-gaap

Long Term Debt

LongTermDebt

5694025000

CY2023Q4

cmtg

Debt Obligation Weighted Average Spread

DebtObligationWeightedAverageSpread

0.0303

CY2024Q1

us-gaap

Schedule Of Repurchase Agreements

ScheduleOfRepurchaseAgreements

The following table summarizes our repurchase agreements by lender as of March 31, 2024 ($ in thousands): <table style="margin-left:auto;border-spacing:0;table-layout:fixed;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:25.005%;"></td> <td style="width:1%;"></td> <td style="width:10.002%;"></td> <td style="width:1%;"></td> <td style="width:10.002%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:10.002%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:10.162%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:10.002%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:10.822000000000001%;"></td> <td style="width:1%;"></td> </tr> <tr style="height:8pt;background-color:#ffffff;word-break:break-word;white-space:pre-wrap;"> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;">Lender</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Initial Maturity</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Fully Extended Maturity (1)</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Maximum Capacity</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Borrowing Outstanding and Carrying Value</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Undrawn Capacity</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Carrying Value of Collateral (2)</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">JP Morgan Chase Bank, N.A.</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">7/28/2026</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">7/28/2028</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">1,880,465</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">1,549,075</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">331,390</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">2,081,213</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Morgan Stanley Bank, N.A.</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">1/26/2025</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">1/26/2025</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">1,000,000</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">741,831</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">258,169</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">1,031,371</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Goldman Sachs Bank USA</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">5/31/2025 (3)</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">5/31/2027</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">500,000</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">144,659</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">355,341</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">186,962</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Barclays Bank PLC</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">12/20/2024</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">12/20/2025</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">500,000</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">126,992</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">373,008</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">250,989</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Deutsche Bank AG, New York Branch</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">6/26/2024</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">6/26/2026</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">400,000</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">344,945</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">55,055</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">619,035</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Wells Fargo Bank, N.A.</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">9/29/2024</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">9/29/2026</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #000000;text-align:center;">750,000</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #000000;text-align:center;">693,782</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #000000;text-align:center;">56,218</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #ffffff03;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #000000;text-align:center;">938,288</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Total</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">5,030,465</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #ffffff03;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">3,601,284</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #ffffff03;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">1,429,181</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #ffffff03;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">5,107,858</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> </tr> </table> <div style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;">(1)<div style="width:100%;display:inline;">Facility maturity dates may be extended, subject to meeting prescribed conditions.</div></div><div style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;">(2)<div style="width:100%;display:inline;">Net of specific CECL reserves, if any.</div></div><div style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;">(3)<div style="width:100%;display:inline;">Assumes as of right extension is exercised, subject to meeting prescribed conditions.</div></div>The following table summarizes our repurchase agreements by lender as of December 31, 2023 ($ in thousands): <table style="margin-left:auto;border-spacing:0;table-layout:fixed;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:25%;"></td> <td style="width:1%;"></td> <td style="width:10%;"></td> <td style="width:1%;"></td> <td style="width:10%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:10%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:10%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:10%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:11%;"></td> <td style="width:1%;"></td> </tr> <tr style="height:8pt;background-color:#ffffff;word-break:break-word;white-space:pre-wrap;"> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;">Lender</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Initial Maturity</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Fully Extended Maturity (1)</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Maximum Capacity</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Borrowing Outstanding and Carrying Value</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Undrawn Capacity</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Carrying Value of Collateral (2)</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">JP Morgan Chase Bank, N.A.</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">7/28/2026</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">7/28/2028</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">1,905,465</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">1,672,878</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">232,587</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">2,257,442</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Morgan Stanley Bank, N.A</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">1/26/2024</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">1/26/2025</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">1,000,000</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">735,393</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">264,607</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">1,023,295</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Goldman Sachs Bank USA</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">5/31/2025 (3)</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">5/31/2027</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">500,000</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">175,755</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">324,245</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">286,623</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Barclays Bank PLC</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">12/20/2024</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">12/20/2025</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">500,000</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">135,129</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">364,871</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">250,823</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Deutsche Bank AG, New York Branch</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">6/26/2024</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">6/26/2026</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">400,000</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">359,646</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">40,354</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">611,741</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Wells Fargo Bank, N.A.</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">9/29/2024</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">9/29/2026</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #000000;text-align:center;">750,000</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #000000;text-align:center;">726,877</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #000000;text-align:center;">23,123</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #ffffff03;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #000000;text-align:center;">939,628</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Total</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">5,055,465</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #ffffff03;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">3,805,678</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #ffffff03;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">1,249,787</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #ffffff03;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">5,369,552</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> </tr> </table> <div style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;">(1)<div style="width:100%;display:inline;">Facility maturity dates may be extended, subject to meeting prescribed conditions.</div></div><div style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;">(2)<div style="width:100%;display:inline;">Net of specific CECL reserves, if any.</div></div><div style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;">(3)<div style="width:100%;display:inline;">Assumes as of right extension is exercised, subject to meeting prescribed conditions.</div></div>

CY2024Q1

cmtg

Debt Instrument Loan Participations Sold Borrowing Outstanding

DebtInstrumentLoanParticipationsSoldBorrowingOutstanding

100634000

CY2024Q1

us-gaap

Debt Instrument Carrying Amount

DebtInstrumentCarryingAmount

100633000

CY2024Q1

us-gaap

Debt Instrument Collateral Amount

DebtInstrumentCollateralAmount

183781000

CY2023Q4

cmtg

Debt Instrument Loan Participations Sold Borrowing Outstanding

DebtInstrumentLoanParticipationsSoldBorrowingOutstanding

120634000

CY2023Q4

us-gaap

Debt Instrument Carrying Amount

DebtInstrumentCarryingAmount

120508000

CY2023Q4

us-gaap

Debt Instrument Collateral Amount

DebtInstrumentCollateralAmount

340069000

CY2024Q1

cmtg

Debt Instrument Borrowing Outstanding

DebtInstrumentBorrowingOutstanding

265596000

CY2024Q1

cmtg

Note Payable Carrying Value

NotePayableCarryingValue

262164000

CY2024Q1

cmtg

Collateral Carrying Value

CollateralCarryingValue

415871000

CY2023Q4

cmtg

Debt Instrument Borrowing Outstanding

DebtInstrumentBorrowingOutstanding

286827000

CY2023Q4

cmtg

Note Payable Carrying Value

NotePayableCarryingValue

283341000

CY2023Q4

cmtg

Collateral Carrying Value

CollateralCarryingValue

401856000

CY2024Q1

cmtg

In Place And Other Lease Values Amortization Income Year Two

InPlaceAndOtherLeaseValuesAmortizationIncomeYearTwo

802000

CY2024Q1

cmtg

Above Market Lease Amortization Income Year Two

AboveMarketLeaseAmortizationIncomeYearTwo

-1791000

CY2024Q1

us-gaap

Below Market Lease Amortization Income Year Two

BelowMarketLeaseAmortizationIncomeYearTwo

377000

CY2024Q1

cmtg

In Place And Other Lease Values Amortization Income Year Three

InPlaceAndOtherLeaseValuesAmortizationIncomeYearThree

802000

CY2024Q1

cmtg

Above Market Lease Amortization Income Year Three

AboveMarketLeaseAmortizationIncomeYearThree

-1791000

CY2024Q1

us-gaap

Below Market Lease Amortization Income Year Three

BelowMarketLeaseAmortizationIncomeYearThree

377000

CY2024Q1

cmtg

In Place And Other Lease Values Amortization Income Year Four

InPlaceAndOtherLeaseValuesAmortizationIncomeYearFour

769000

CY2024Q1

cmtg

Above Market Lease Amortization Income Year Four

AboveMarketLeaseAmortizationIncomeYearFour

-1771000

CY2024Q1

us-gaap

Below Market Lease Amortization Income Year Four

BelowMarketLeaseAmortizationIncomeYearFour

377000

CY2024Q1

cmtg

In Place And Other Lease Values Amortization Income Year After Year Four

InPlaceAndOtherLeaseValuesAmortizationIncomeYearAfterYearFour

2025000

CY2024Q1

cmtg

Above Market Lease Amortization Income After Year Four

AboveMarketLeaseAmortizationIncomeAfterYearFour

-8057000

CY2024Q1

cmtg

Below Market Lease Amortization Income After Year Four

BelowMarketLeaseAmortizationIncomeAfterYearFour

2135000

CY2024Q1

cmtg

In Place Other Lease Value Five Year Total

InPlaceOtherLeaseValueFiveYearTotal

5801000

CY2024Q1

cmtg

Above Market Lease Value Five Year Total

AboveMarketLeaseValueFiveYearTotal

-16544000

CY2024Q1

cmtg

Below Market Lease Value Five Year Total

BelowMarketLeaseValueFiveYearTotal

3926000

CY2024Q1

cmtg

Weighted Average Amortization Period For In Place And Other Lease Intangibles

WeightedAverageAmortizationPeriodForInPlaceAndOtherLeaseIntangibles

P8Y10M24D

CY2024Q1

cmtg

Weighted Average Amortization Period For Above Market Lease

WeightedAverageAmortizationPeriodForAboveMarketLease

P10Y6M

CY2024Q1

cmtg

Weighted Average Amortization Period For Below Market Lease

WeightedAverageAmortizationPeriodForBelowMarketLease

P11Y3M18D

CY2024Q1

cmtg

Debt Obligation Capacity

DebtObligationCapacity

7215853000

CY2024Q1

us-gaap

Long Term Debt

LongTermDebt

5468284000

CY2024Q1

cmtg

Debt Obligation Weighted Average Spread

DebtObligationWeightedAverageSpread

0.0303

CY2023Q4

cmtg

Debt Obligation Capacity

DebtObligationCapacity

7265860000

CY2023Q4

us-gaap

Long Term Debt

LongTermDebt

5694025000

CY2023Q4

cmtg

Debt Obligation Weighted Average Spread

DebtObligationWeightedAverageSpread

0.0303

CY2024Q1

us-gaap

Schedule Of Repurchase Agreements

ScheduleOfRepurchaseAgreements

The following table summarizes our repurchase agreements by lender as of March 31, 2024 ($ in thousands): <table style="margin-left:auto;border-spacing:0;table-layout:fixed;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:25.005%;"></td> <td style="width:1%;"></td> <td style="width:10.002%;"></td> <td style="width:1%;"></td> <td style="width:10.002%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:10.002%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:10.162%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:10.002%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:10.822000000000001%;"></td> <td style="width:1%;"></td> </tr> <tr style="height:8pt;background-color:#ffffff;word-break:break-word;white-space:pre-wrap;"> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;">Lender</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Initial Maturity</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Fully Extended Maturity (1)</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Maximum Capacity</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Borrowing Outstanding and Carrying Value</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Undrawn Capacity</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Carrying Value of Collateral (2)</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">JP Morgan Chase Bank, N.A.</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">7/28/2026</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">7/28/2028</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">1,880,465</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">1,549,075</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">331,390</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">2,081,213</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Morgan Stanley Bank, N.A.</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">1/26/2025</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">1/26/2025</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">1,000,000</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">741,831</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">258,169</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">1,031,371</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Goldman Sachs Bank USA</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">5/31/2025 (3)</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">5/31/2027</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">500,000</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">144,659</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">355,341</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">186,962</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Barclays Bank PLC</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">12/20/2024</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">12/20/2025</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">500,000</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">126,992</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">373,008</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">250,989</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Deutsche Bank AG, New York Branch</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">6/26/2024</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">6/26/2026</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">400,000</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">344,945</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">55,055</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">619,035</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Wells Fargo Bank, N.A.</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">9/29/2024</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">9/29/2026</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #000000;text-align:center;">750,000</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #000000;text-align:center;">693,782</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #000000;text-align:center;">56,218</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #ffffff03;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #000000;text-align:center;">938,288</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Total</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">5,030,465</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #ffffff03;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">3,601,284</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #ffffff03;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">1,429,181</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #ffffff03;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">5,107,858</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> </tr> </table> <div style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;">(1)<div style="width:100%;display:inline;">Facility maturity dates may be extended, subject to meeting prescribed conditions.</div></div><div style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;">(2)<div style="width:100%;display:inline;">Net of specific CECL reserves, if any.</div></div><div style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;">(3)<div style="width:100%;display:inline;">Assumes as of right extension is exercised, subject to meeting prescribed conditions.</div></div>The following table summarizes our repurchase agreements by lender as of December 31, 2023 ($ in thousands): <table style="margin-left:auto;border-spacing:0;table-layout:fixed;width:100.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:25%;"></td> <td style="width:1%;"></td> <td style="width:10%;"></td> <td style="width:1%;"></td> <td style="width:10%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:10%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:10%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:10%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:1%;"></td> <td style="width:11%;"></td> <td style="width:1%;"></td> </tr> <tr style="height:8pt;background-color:#ffffff;word-break:break-word;white-space:pre-wrap;"> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;">Lender</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Initial Maturity</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Fully Extended Maturity (1)</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Maximum Capacity</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Borrowing Outstanding and Carrying Value</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Undrawn Capacity</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"> </td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;text-align:left;"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;">Carrying Value of Collateral (2)</td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:left;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">JP Morgan Chase Bank, N.A.</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">7/28/2026</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">7/28/2028</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">1,905,465</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">1,672,878</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">232,587</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">2,257,442</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Morgan Stanley Bank, N.A</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">1/26/2024</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">1/26/2025</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">1,000,000</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">735,393</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">264,607</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">1,023,295</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Goldman Sachs Bank USA</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">5/31/2025 (3)</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">5/31/2027</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">500,000</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">175,755</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">324,245</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">286,623</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Barclays Bank PLC</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">12/20/2024</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">12/20/2025</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">500,000</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">135,129</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">364,871</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">250,823</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Deutsche Bank AG, New York Branch</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">6/26/2024</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">6/26/2026</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">400,000</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">359,646</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">40,354</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">611,741</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Wells Fargo Bank, N.A.</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">9/29/2024</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;">9/29/2026</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #000000;text-align:center;">750,000</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #000000;text-align:center;">726,877</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #ffffff03;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #000000;text-align:center;">23,123</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #ffffff03;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:0.5pt solid #000000;text-align:center;">939,628</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;">Total</td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:left;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">5,055,465</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #ffffff03;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">3,805,678</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #ffffff03;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">1,249,787</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #ffffff03;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">5,369,552</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> </tr> </table> <div style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;">(1)<div style="width:100%;display:inline;">Facility maturity dates may be extended, subject to meeting prescribed conditions.</div></div><div style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;">(2)<div style="width:100%;display:inline;">Net of specific CECL reserves, if any.</div></div><div style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:0.25in;text-align:justify;">(3)<div style="width:100%;display:inline;">Assumes as of right extension is exercised, subject to meeting prescribed conditions.</div></div>

CY2024Q1

cmtg

Debt Instrument Loan Participations Sold Borrowing Outstanding

DebtInstrumentLoanParticipationsSoldBorrowingOutstanding

100634000

CY2024Q1

us-gaap

Debt Instrument Carrying Amount

DebtInstrumentCarryingAmount

100633000

CY2024Q1

us-gaap

Debt Instrument Collateral Amount

DebtInstrumentCollateralAmount

183781000

CY2023Q4

cmtg

Debt Instrument Loan Participations Sold Borrowing Outstanding

DebtInstrumentLoanParticipationsSoldBorrowingOutstanding

120634000

CY2023Q4

us-gaap

Debt Instrument Carrying Amount

DebtInstrumentCarryingAmount

120508000

CY2023Q4

us-gaap

Debt Instrument Collateral Amount

DebtInstrumentCollateralAmount

340069000

CY2024Q1

cmtg

Debt Instrument Borrowing Outstanding

DebtInstrumentBorrowingOutstanding

265596000

CY2024Q1

cmtg

Note Payable Carrying Value

NotePayableCarryingValue

262164000

CY2024Q1

cmtg

Collateral Carrying Value

CollateralCarryingValue

415871000

CY2023Q4

cmtg

Debt Instrument Borrowing Outstanding

DebtInstrumentBorrowingOutstanding

286827000

CY2023Q4

cmtg

Note Payable Carrying Value

NotePayableCarryingValue

283341000

CY2023Q4

cmtg

Collateral Carrying Value

CollateralCarryingValue

401856000

CY2019Q3

srt

Bank Loans

BankLoans

450000000.0

CY2020Q4

srt

Bank Loans

BankLoans

325000000.0

CY2021Q4

us-gaap

Debt Instrument Interest Rate Increase Decrease

DebtInstrumentInterestRateIncreaseDecrease

0.0450

CY2024Q1

us-gaap

Receivables Fair Value Disclosure

ReceivablesFairValueDisclosure

6635271000

CY2024Q1

us-gaap

Loans Receivable Held For Sale Amount

LoansReceivableHeldForSaleAmount

172177000

CY2024Q1

us-gaap

Secured Debt Repurchase Agreements

SecuredDebtRepurchaseAgreements

3601284000

CY2019Q3

srt

Bank Loans

BankLoans

450000000.0

CY2020Q4

srt

Bank Loans

BankLoans

325000000.0

CY2021Q4

us-gaap

Debt Instrument Interest Rate Increase Decrease

DebtInstrumentInterestRateIncreaseDecrease

0.0450

CY2021Q1

cmtg

Debt Related To Real Estate Owned Original Balance

DebtRelatedToRealEstateOwnedOriginalBalance

300000000

CY2021Q1

us-gaap

Debt Instrument Periodic Payment Principal

DebtInstrumentPeriodicPaymentPrincipal

10000000

CY2021Q1

us-gaap

Derivative Liability Notional Amount

DerivativeLiabilityNotionalAmount

280000000

CY2021Q1

us-gaap

Derivative Average Cap Interest Rate

DerivativeAverageCapInterestRate

0.05

CY2021Q1

cmtg

Derivative Fee Paid

DerivativeFeePaid

500000

CY2024Q1

cmtg

Interest Expense On Secured Financing

InterestExpenseOnSecuredFinancing

92816000

CY2023Q1

cmtg

Interest Expense On Secured Financing

InterestExpenseOnSecuredFinancing

82950000

CY2024Q1

cmtg

Interest Expense On Secured Term Loan

InterestExpenseOnSecuredTermLoan

18245000

CY2023Q1

cmtg

Interest Expense On Secured Term Loan

InterestExpenseOnSecuredTermLoan

17241000

CY2024Q1

cmtg

Amortization Of Financing Costs Excluding Amortization Of Fees

AmortizationOfFinancingCostsExcludingAmortizationOfFees

4870000

CY2023Q1

cmtg

Amortization Of Financing Costs Excluding Amortization Of Fees

AmortizationOfFinancingCostsExcludingAmortizationOfFees

5836000

CY2024Q1

us-gaap

Interest Expense

InterestExpense

115931000

CY2023Q1

us-gaap

Interest Expense

InterestExpense

106027000

CY2024Q1

cmtg

Interest Expense On Debt Related To Real Estate Owned

InterestExpenseOnDebtRelatedToRealEstateOwned

6329000

CY2023Q1

cmtg

Interest Expense On Debt Related To Real Estate Owned

InterestExpenseOnDebtRelatedToRealEstateOwned

5444000

CY2024Q1

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

122260000

CY2023Q1

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

111471000

CY2024Q1

cmtg

Amortization Of Financing Costs Included In Interest Expense On Debt Related To Real Estate Owned

AmortizationOfFinancingCostsIncludedInInterestExpenseOnDebtRelatedToRealEstateOwned

437000

CY2023Q1

cmtg

Amortization Of Financing Costs Included In Interest Expense On Debt Related To Real Estate Owned

AmortizationOfFinancingCostsIncludedInInterestExpenseOnDebtRelatedToRealEstateOwned

131000

CY2024Q1

us-gaap

Debt Instrument Covenant Description

DebtInstrumentCovenantDescription

Our financing agreements generally contain certain financial covenants. For example, our ratio of earnings before interest, taxes, depreciation, and amortization (“EBITDA”), to interest charges, as defined in the agreements, shall be not less than either 1.3 to 1.0 or 1.5 to 1.0. Further, (i) our tangible net worth, as defined in the agreements, shall not be less than $2.06 billion as of each measurement date plus 75% of proceeds from future equity issuances; (ii) cash liquidity shall not be less than the greater of (x) $50 million or (y) 5% of our recourse indebtedness; and (iii) our indebtedness shall not exceed 77.8% of our total assets. As of March 31, 2024, we are in compliance with all covenants under our financing agreements. The requirements set forth in (i) through (iii) above are based upon the most restrictive financial covenants in place as of the reporting date. For the quarters ended December 31, 2023 and March 31, 2024, we modified certain of our EBITDA to interest charges covenants to provide for a minimum ratio of 1.3 to 1.0 for such covenants which previously required a minimum ratio of 1.4 to 1.0. Future compliance with our financial covenants is dependent upon the results of our operating activities, our financial condition, and the overall market conditions in which we and our borrowers operate. As market conditions evolve, we may work with our counterparties to request modifications of financial covenants as needed.

CY2024Q1

cmtg

Percentage Of Proceeds From Future Equity Issuances Added For Tangible Networth

PercentageOfProceedsFromFutureEquityIssuancesAddedForTangibleNetworth

0.75

CY2024Q1

cmtg

Percentage Of Recourse Indebtedness

PercentageOfRecourseIndebtedness

0.05

CY2024Q1

cmtg

Percentage Of Aggregate Assets As Indebtedness

PercentageOfAggregateAssetsAsIndebtedness

0.778

CY2024Q1

cmtg

Ratio Of Earnings Before Interest Taxes Depreciation And Amortization To Interest Charges Minimum

RatioOfEarningsBeforeInterestTaxesDepreciationAndAmortizationToInterestChargesMinimum

0.014

CY2021Q1

cmtg

Debt Related To Real Estate Owned Original Balance

DebtRelatedToRealEstateOwnedOriginalBalance

300000000

CY2021Q1

us-gaap

Debt Instrument Periodic Payment Principal

DebtInstrumentPeriodicPaymentPrincipal

10000000

CY2021Q1

us-gaap

Derivative Liability Notional Amount

DerivativeLiabilityNotionalAmount

280000000

CY2021Q1

us-gaap

Derivative Average Cap Interest Rate

DerivativeAverageCapInterestRate

0.05

CY2021Q1

cmtg

Derivative Fee Paid

DerivativeFeePaid

500000

CY2024Q1

cmtg

Interest Expense On Secured Financing

InterestExpenseOnSecuredFinancing

92816000

CY2023Q1

cmtg

Interest Expense On Secured Financing

InterestExpenseOnSecuredFinancing

82950000

CY2024Q1

cmtg

Interest Expense On Secured Term Loan

InterestExpenseOnSecuredTermLoan

18245000

CY2023Q1

cmtg

Interest Expense On Secured Term Loan

InterestExpenseOnSecuredTermLoan

17241000

CY2024Q1

cmtg

Amortization Of Financing Costs Excluding Amortization Of Fees

AmortizationOfFinancingCostsExcludingAmortizationOfFees

4870000

CY2023Q1

cmtg

Amortization Of Financing Costs Excluding Amortization Of Fees

AmortizationOfFinancingCostsExcludingAmortizationOfFees

5836000

CY2024Q1

us-gaap

Interest Expense

InterestExpense

115931000

CY2023Q1

us-gaap

Interest Expense

InterestExpense

106027000

CY2024Q1

cmtg

Interest Expense On Debt Related To Real Estate Owned

InterestExpenseOnDebtRelatedToRealEstateOwned

6329000

CY2023Q1

cmtg

Interest Expense On Debt Related To Real Estate Owned

InterestExpenseOnDebtRelatedToRealEstateOwned

5444000

CY2024Q1

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

122260000

CY2023Q1

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

111471000

CY2024Q1

cmtg

Amortization Of Financing Costs Included In Interest Expense On Debt Related To Real Estate Owned

AmortizationOfFinancingCostsIncludedInInterestExpenseOnDebtRelatedToRealEstateOwned

437000

CY2023Q1

cmtg

Amortization Of Financing Costs Included In Interest Expense On Debt Related To Real Estate Owned

AmortizationOfFinancingCostsIncludedInInterestExpenseOnDebtRelatedToRealEstateOwned

131000

CY2024Q1

us-gaap

Debt Instrument Covenant Description

DebtInstrumentCovenantDescription

Our financing agreements generally contain certain financial covenants. For example, our ratio of earnings before interest, taxes, depreciation, and amortization (“EBITDA”), to interest charges, as defined in the agreements, shall be not less than either 1.3 to 1.0 or 1.5 to 1.0. Further, (i) our tangible net worth, as defined in the agreements, shall not be less than $2.06 billion as of each measurement date plus 75% of proceeds from future equity issuances; (ii) cash liquidity shall not be less than the greater of (x) $50 million or (y) 5% of our recourse indebtedness; and (iii) our indebtedness shall not exceed 77.8% of our total assets. As of March 31, 2024, we are in compliance with all covenants under our financing agreements. The requirements set forth in (i) through (iii) above are based upon the most restrictive financial covenants in place as of the reporting date. For the quarters ended December 31, 2023 and March 31, 2024, we modified certain of our EBITDA to interest charges covenants to provide for a minimum ratio of 1.3 to 1.0 for such covenants which previously required a minimum ratio of 1.4 to 1.0. Future compliance with our financial covenants is dependent upon the results of our operating activities, our financial condition, and the overall market conditions in which we and our borrowers operate. As market conditions evolve, we may work with our counterparties to request modifications of financial covenants as needed.

CY2024Q1

cmtg

Percentage Of Proceeds From Future Equity Issuances Added For Tangible Networth

PercentageOfProceedsFromFutureEquityIssuancesAddedForTangibleNetworth

0.75

CY2024Q1

cmtg

Percentage Of Recourse Indebtedness

PercentageOfRecourseIndebtedness

0.05

CY2024Q1

cmtg

Percentage Of Aggregate Assets As Indebtedness

PercentageOfAggregateAssetsAsIndebtedness

0.778

CY2024Q1

cmtg

Ratio Of Earnings Before Interest Taxes Depreciation And Amortization To Interest Charges Minimum

RatioOfEarningsBeforeInterestTaxesDepreciationAndAmortizationToInterestChargesMinimum

0.014

CY2024Q1

us-gaap

Receivables Fair Value Disclosure

ReceivablesFairValueDisclosure

6635271000

CY2024Q1

us-gaap

Loans Receivable Held For Sale Amount

LoansReceivableHeldForSaleAmount

172177000

CY2024Q1

us-gaap

Secured Debt Repurchase Agreements

SecuredDebtRepurchaseAgreements

3601284000

CY2024Q1

cmtg

Term Participation Facility

TermParticipationFacility

497225000

CY2024Q1

us-gaap

Participating Mortgage Loans Participation Liabilities Amount

ParticipatingMortgageLoansParticipationLiabilitiesAmount

100633000

CY2024Q1

us-gaap

Notes Payable

NotesPayable

262164000

CY2024Q1

us-gaap

Secured Long Term Debt

SecuredLongTermDebt

711876000

CY2024Q1

cmtg

Debt Related To Real Estate Owned Net

DebtRelatedToRealEstateOwnedNet

277550000

CY2023Q4

us-gaap

Receivables Fair Value Disclosure

ReceivablesFairValueDisclosure

6877425000

CY2023Q4

us-gaap

Loans Receivable Held For Sale Amount

LoansReceivableHeldForSaleAmount

261709000

CY2023Q4

us-gaap

Secured Debt Repurchase Agreements

SecuredDebtRepurchaseAgreements

3805678000

CY2023Q4

cmtg

Term Participation Facility

TermParticipationFacility

465434000

CY2023Q4

us-gaap

Participating Mortgage Loans Participation Liabilities Amount

ParticipatingMortgageLoansParticipationLiabilitiesAmount

120508000

CY2023Q4

us-gaap

Notes Payable

NotesPayable

283341000

CY2023Q4

us-gaap

Secured Long Term Debt

SecuredLongTermDebt

712576000

CY2023Q4

cmtg

Debt Related To Real Estate Owned Net

DebtRelatedToRealEstateOwnedNet

289913000

CY2024Q1

us-gaap

Dividends Payable Date Of Record Day Month And Year

DividendsPayableDateOfRecordDayMonthAndYear

2024-03-29

CY2024Q1

us-gaap

Dividend Payable Date To Be Paid Day Month And Year

DividendPayableDateToBePaidDayMonthAndYear

2024-04-15

CY2023Q1

us-gaap

Dividends Payable Date Of Record Day Month And Year

DividendsPayableDateOfRecordDayMonthAndYear

2023-03-31

CY2023Q1

us-gaap

Dividend Payable Date To Be Paid Day Month And Year

DividendPayableDateToBePaidDayMonthAndYear

2023-04-14

CY2024Q1

us-gaap

Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount

AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount

0

CY2023Q1

us-gaap

Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount

AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount

0

CY2024Q1

us-gaap

Net Income Loss Available To Common Stockholders Basic

NetIncomeLossAvailableToCommonStockholdersBasic

-52795000

CY2023Q1

us-gaap

Net Income Loss Available To Common Stockholders Basic

NetIncomeLossAvailableToCommonStockholdersBasic

36678000

CY2024Q1

cmtg

Dividends On Participating Securities

DividendsOnParticipatingSecurities

924000

CY2023Q1

cmtg

Dividends On Participating Securities

DividendsOnParticipatingSecurities

1201000

CY2024Q1

cmtg

Term Participation Facility

TermParticipationFacility

497225000

CY2024Q1

us-gaap

Participating Mortgage Loans Participation Liabilities Amount

ParticipatingMortgageLoansParticipationLiabilitiesAmount

100633000

CY2024Q1

us-gaap

Notes Payable

NotesPayable

262164000

CY2024Q1

us-gaap

Secured Long Term Debt

SecuredLongTermDebt

711876000

CY2024Q1

cmtg

Debt Related To Real Estate Owned Net

DebtRelatedToRealEstateOwnedNet

277550000

CY2023Q4

us-gaap

Receivables Fair Value Disclosure

ReceivablesFairValueDisclosure

6877425000

CY2023Q4

us-gaap

Loans Receivable Held For Sale Amount

LoansReceivableHeldForSaleAmount

261709000

CY2023Q4

us-gaap

Secured Debt Repurchase Agreements

SecuredDebtRepurchaseAgreements

3805678000

CY2023Q4

cmtg

Term Participation Facility

TermParticipationFacility

465434000

CY2023Q4

us-gaap

Participating Mortgage Loans Participation Liabilities Amount

ParticipatingMortgageLoansParticipationLiabilitiesAmount

120508000

CY2023Q4

us-gaap

Notes Payable

NotesPayable

283341000

CY2023Q4

us-gaap

Secured Long Term Debt

SecuredLongTermDebt

712576000

CY2023Q4

cmtg

Debt Related To Real Estate Owned Net

DebtRelatedToRealEstateOwnedNet

289913000

CY2024Q1

us-gaap

Dividends Payable Date Of Record Day Month And Year

DividendsPayableDateOfRecordDayMonthAndYear

2024-03-29

CY2024Q1

us-gaap

Dividend Payable Date To Be Paid Day Month And Year

DividendPayableDateToBePaidDayMonthAndYear

2024-04-15

CY2023Q1

us-gaap

Dividends Payable Date Of Record Day Month And Year

DividendsPayableDateOfRecordDayMonthAndYear

2023-03-31

CY2023Q1

us-gaap

Dividend Payable Date To Be Paid Day Month And Year

DividendPayableDateToBePaidDayMonthAndYear

2023-04-14

CY2024Q1

us-gaap

Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount

AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount

0

CY2023Q1

us-gaap

Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount

AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount

0

CY2024Q1

us-gaap

Net Income Loss Available To Common Stockholders Basic

NetIncomeLossAvailableToCommonStockholdersBasic

-52795000

CY2023Q1

us-gaap

Net Income Loss Available To Common Stockholders Basic

NetIncomeLossAvailableToCommonStockholdersBasic

36678000

CY2024Q1

cmtg

Dividends On Participating Securities

DividendsOnParticipatingSecurities

924000

CY2023Q1

cmtg

Dividends On Participating Securities

DividendsOnParticipatingSecurities

1201000

CY2024Q1

cmtg

Basic Earnings Loss Available To Common Shareholders

BasicEarningsLossAvailableToCommonShareholders

-53719000

CY2024Q1

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

25500000

CY2024Q1

cmtg

Basic Earnings Loss Available To Common Shareholders

BasicEarningsLossAvailableToCommonShareholders

-53719000

CY2023Q1

cmtg

Basic Earnings Loss Available To Common Shareholders

BasicEarningsLossAvailableToCommonShareholders

35477000

CY2024Q1

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

138791113

CY2024Q1

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

138791113

CY2023Q1

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

138385810

CY2023Q1

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

138385810

CY2024Q1

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

-0.39

CY2024Q1

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

-0.39

CY2023Q1

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

0.26

CY2023Q1

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

0.26

CY2024Q1

cmtg

Dividends On Fully Vested Restricted Stock Units

DividendsOnFullyVestedRestrictedStockUnits

11000000

CY2023Q1

cmtg

Dividends On Fully Vested Restricted Stock Units

DividendsOnFullyVestedRestrictedStockUnits

3600000

CY2024Q1

us-gaap

Management Fee Expense

ManagementFeeExpense

9210000

CY2023Q1

us-gaap

Management Fee Expense

ManagementFeeExpense

9656000

CY2023Q1

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

1558000

CY2024Q1

cmtg

Related Party Transaction Management And Incentive Fees

RelatedPartyTransactionManagementAndIncentiveFees

9210000

CY2023Q1

cmtg

Related Party Transaction Management And Incentive Fees

RelatedPartyTransactionManagementAndIncentiveFees

11214000

CY2024Q1

us-gaap

Management Fee Description

ManagementFeeDescription

Effective October 1, 2015, our Manager earns a base management fee in an amount equal to 1.50% per annum of Stockholders’ Equity, as defined in the Management Agreement. Management fees are reduced by our pro rata share of any management fees and incentive fees (if incentive fees are not incurred by us) incurred to our Manager by CMTG/TT. Management fees are paid quarterly, in arrears, and $9.2 million and $9.3 million were accrued and were included in management fee payable – affiliate, on our consolidated balance sheets at March 31, 2024 and December 31, 2023, respectively.

CY2024Q1

cmtg

Annual Base Management Fee Percentage

AnnualBaseManagementFeePercentage

0.015

CY2024Q1

us-gaap

Management Fee Payable

ManagementFeePayable

9200000

CY2023Q4

us-gaap

Management Fee Payable

ManagementFeePayable

9300000

CY2024Q1

us-gaap

Incentive Fee Description

IncentiveFeeDescription

Manager is entitled to an incentive fee equal to 20% of the excess of our Core Earnings on a rolling four-quarter basis, as defined in the Management Agreement, over a 7.00% return on Stockholders’ Equity. Incentive fees are reduced by our pro rata share of any incentive fees incurred to our Manager by CMTG/TT.

CY2024Q1

cmtg

Incentive Fee Rate

IncentiveFeeRate

0.20

CY2024Q1

cmtg

Minimum Percentage Of Incentive Fee To Be Paid In Share

MinimumPercentageOfIncentiveFeeToBePaidInShare

0.0700

CY2024Q1

us-gaap

Incentive Fee Payable

IncentiveFeePayable

0

CY2023Q4

us-gaap

Incentive Fee Payable

IncentiveFeePayable

0

CY2024Q1

cmtg

Termination Fee Description

TerminationFeeDescription

If we elect to terminate the Management Agreement, we are required to pay our Manager a termination fee equal to three times the sum of the average total annual amount of management fees and the average annual incentive fee paid by us over the prior two years.

CY2024Q1

us-gaap

Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized

EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized

35600000

CY2024Q1

us-gaap

Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1

EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1

P2Y

CY2023Q1

cmtg

Basic Earnings Loss Available To Common Shareholders

BasicEarningsLossAvailableToCommonShareholders

35477000

CY2024Q1

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

138791113

CY2024Q1

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

138791113

CY2023Q1

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

138385810

CY2023Q1

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

138385810

CY2024Q1

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

-0.39

CY2024Q1

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

-0.39

CY2023Q1

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

0.26

CY2023Q1

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

0.26

CY2024Q1

cmtg

Dividends On Fully Vested Restricted Stock Units

DividendsOnFullyVestedRestrictedStockUnits

11000000

CY2023Q1

cmtg

Dividends On Fully Vested Restricted Stock Units

DividendsOnFullyVestedRestrictedStockUnits

3600000

CY2024Q1

us-gaap

Management Fee Expense

ManagementFeeExpense

9210000

CY2023Q1

us-gaap

Management Fee Expense

ManagementFeeExpense

9656000

CY2023Q1

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

1558000

CY2024Q1

cmtg

Related Party Transaction Management And Incentive Fees

RelatedPartyTransactionManagementAndIncentiveFees

9210000

CY2023Q1

cmtg

Related Party Transaction Management And Incentive Fees

RelatedPartyTransactionManagementAndIncentiveFees

11214000

CY2024Q1

us-gaap

Management Fee Description

ManagementFeeDescription

Effective October 1, 2015, our Manager earns a base management fee in an amount equal to 1.50% per annum of Stockholders’ Equity, as defined in the Management Agreement. Management fees are reduced by our pro rata share of any management fees and incentive fees (if incentive fees are not incurred by us) incurred to our Manager by CMTG/TT. Management fees are paid quarterly, in arrears, and $9.2 million and $9.3 million were accrued and were included in management fee payable – affiliate, on our consolidated balance sheets at March 31, 2024 and December 31, 2023, respectively.

CY2024Q1

cmtg

Annual Base Management Fee Percentage

AnnualBaseManagementFeePercentage

0.015

CY2023Q4

us-gaap

Management Fee Payable

ManagementFeePayable

9300000

CY2024Q1

us-gaap

Incentive Fee Description

IncentiveFeeDescription

Manager is entitled to an incentive fee equal to 20% of the excess of our Core Earnings on a rolling four-quarter basis, as defined in the Management Agreement, over a 7.00% return on Stockholders’ Equity. Incentive fees are reduced by our pro rata share of any incentive fees incurred to our Manager by CMTG/TT.

CY2024Q1

cmtg

Incentive Fee Rate

IncentiveFeeRate

0.20

CY2024Q1

cmtg

Minimum Percentage Of Incentive Fee To Be Paid In Share

MinimumPercentageOfIncentiveFeeToBePaidInShare

0.0700

CY2024Q1

us-gaap

Incentive Fee Payable

IncentiveFeePayable

0

CY2023Q4

us-gaap

Incentive Fee Payable

IncentiveFeePayable

0

CY2024Q1

cmtg

Termination Fee Description

TerminationFeeDescription

If we elect to terminate the Management Agreement, we are required to pay our Manager a termination fee equal to three times the sum of the average total annual amount of management fees and the average annual incentive fee paid by us over the prior two years.

CY2024Q1

us-gaap

Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized

EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized

35600000

CY2024Q1

us-gaap

Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1

EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1

P2Y

CY2024Q1

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

25500000

CY2023Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

21700000

CY2023Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

21700000

CY2024Q1

us-gaap

Unrecognized Tax Benefits

UnrecognizedTaxBenefits

0

CY2023Q4

us-gaap

Unrecognized Tax Benefits

UnrecognizedTaxBenefits

0

CY2024Q1

us-gaap

Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital

ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital

123300000

CY2023

us-gaap

Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital

ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital

111100000

CY2024Q1

cmtg

Unfunded Loan Commitment Loan Portfolio

UnfundedLoanCommitmentLoanPortfolio

890300000

CY2023Q4

cmtg

Unfunded Loan Commitment Loan Portfolio

UnfundedLoanCommitmentLoanPortfolio

1100000000

CY2024Q1

cmtg

Long Term Debt Initial Maturities Repayments Of Principal In Next Twelve Months

LongTermDebtInitialMaturitiesRepaymentsOfPrincipalInNextTwelveMonths

2432000000

CY2024Q1

us-gaap

Long Term Debt Maturities Repayments Of Principal In Next Twelve Months

LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths

1064918000

CY2024Q1

cmtg

Long Term Debt Initial Maturities Repayments Of Principal In Year Two

LongTermDebtInitialMaturitiesRepaymentsOfPrincipalInYearTwo

1609696000

CY2024Q1

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Two

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo

1203952000

CY2024Q1

cmtg

Long Term Debt Initial Maturities Repayments Of Principal In Year Three

LongTermDebtInitialMaturitiesRepaymentsOfPrincipalInYearThree

1426587000

CY2024Q1

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Three

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree

1873446000

CY2024Q1

cmtg

Long Term Debt Initial Maturities Repayments Of Principal In Year Four

LongTermDebtInitialMaturitiesRepaymentsOfPrincipalInYearFour

0

CY2024Q1

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Four

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour

1037881000

CY2024Q1

cmtg

Long Term Debt Initial Maturities Repayments Of Principal In Year Five

LongTermDebtInitialMaturitiesRepaymentsOfPrincipalInYearFive

0

CY2024Q1

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Five

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive

288087000

CY2024Q1

cmtg

Long Term Debt Initial Maturity

LongTermDebtInitialMaturity

5468284000

CY2024Q1

us-gaap

Long Term Debt

LongTermDebt

5468284000

CY2024Q1

ecd

Non Rule10b51 Arr Adopted Flag

NonRule10b51ArrAdoptedFlag

false

CY2024Q1

ecd

Rule10b51 Arr Adopted Flag

Rule10b51ArrAdoptedFlag

false

CY2024Q1

ecd

Rule10b51 Arr Trmntd Flag

Rule10b51ArrTrmntdFlag

false

CY2024Q1

ecd

Non Rule10b51 Arr Trmntd Flag

NonRule10b51ArrTrmntdFlag

false

CY2024Q1

us-gaap

Unrecognized Tax Benefits

UnrecognizedTaxBenefits

0

CY2023Q4

us-gaap

Unrecognized Tax Benefits

UnrecognizedTaxBenefits

0

CY2024Q1

us-gaap

Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital

ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital

123300000

CY2023

us-gaap

Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital

ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital

111100000

CY2024Q1

cmtg

Unfunded Loan Commitment Loan Portfolio

UnfundedLoanCommitmentLoanPortfolio

890300000

CY2023Q4

cmtg

Unfunded Loan Commitment Loan Portfolio

UnfundedLoanCommitmentLoanPortfolio

1100000000

CY2024Q1

cmtg

Long Term Debt Initial Maturities Repayments Of Principal In Next Twelve Months

LongTermDebtInitialMaturitiesRepaymentsOfPrincipalInNextTwelveMonths

2432000000

CY2024Q1

us-gaap

Long Term Debt Maturities Repayments Of Principal In Next Twelve Months

LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths

1064918000

CY2024Q1

cmtg

Long Term Debt Initial Maturities Repayments Of Principal In Year Two

LongTermDebtInitialMaturitiesRepaymentsOfPrincipalInYearTwo

1609696000

CY2024Q1

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Two

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo

1203952000

CY2024Q1

cmtg

Long Term Debt Initial Maturities Repayments Of Principal In Year Three

LongTermDebtInitialMaturitiesRepaymentsOfPrincipalInYearThree

1426587000

CY2024Q1

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Three

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree

1873446000

CY2024Q1

cmtg

Long Term Debt Initial Maturities Repayments Of Principal In Year Four

LongTermDebtInitialMaturitiesRepaymentsOfPrincipalInYearFour

0

CY2024Q1

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Four

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour

1037881000

CY2024Q1

cmtg

Long Term Debt Initial Maturities Repayments Of Principal In Year Five

LongTermDebtInitialMaturitiesRepaymentsOfPrincipalInYearFive

0

CY2024Q1

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Five

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive

288087000

CY2024Q1

cmtg

Long Term Debt Initial Maturity

LongTermDebtInitialMaturity

5468284000

CY2024Q1

us-gaap

Long Term Debt

LongTermDebt

5468284000

CY2024Q1

ecd

Non Rule10b51 Arr Adopted Flag

NonRule10b51ArrAdoptedFlag

false

CY2024Q1

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Rule10b51 Arr Adopted Flag

Rule10b51ArrAdoptedFlag

false

CY2024Q1

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Rule10b51 Arr Trmntd Flag

Rule10b51ArrTrmntdFlag

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CY2024Q1

ecd

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NonRule10b51ArrTrmntdFlag

false

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$CMTG
Claros Mortgage Trust, Inc. Stock $cmtg

2024 Q2 Form 10-Q Financial Statement

#000095017024053558 Filed on May 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CMTG Claros Mortgage Trust, Inc. Stock $cmtg

2024 Q2 Form 10-Q Financial Statement

#000095017024053558 Filed on May 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CMTG
Claros Mortgage Trust, Inc. Stock $cmtg