$cmtg 2024 Q3 10-Q

Concept	2024 Q3	2024 Q2
Revenue	$64.88M	$64.49M
YoY Change	-19.46%	-67.85%
Cost Of Revenue	$120.2M	$122.2M
YoY Change	-9.78%	1167.88%
Gross Profit	$55.80M	$55.48M
YoY Change	-22.07%	-70.95%
Gross Profit Margin	86.01%	86.03%
Selling, General & Admin	$23.34M	$22.70M
YoY Change	8.07%	-63.16%
% of Gross Profit	41.84%	40.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.400M	$2.400M
YoY Change	0.0%	14.72%
% of Gross Profit	4.3%	4.33%
Operating Expenses	$41.95M	$41.21M
YoY Change	5.2%	-35.34%
Operating Profit	$13.85M	$14.27M
YoY Change	-56.35%	-88.78%
Interest Expense	$111.1M	$113.2M
YoY Change	-10.12%	-194.89%
% of Operating Profit	802.31%	793.45%
Other Income/Expense, Net
YoY Change
Pretax Income	-$56.22M	-$11.55M
YoY Change	-18.41%	-371.67%
Income Tax
% Of Pretax Income
Net Earnings	-$56.22M	-$11.55M
YoY Change	-18.46%	-480.57%
Net Earnings / Revenue	-86.65%	-17.92%
Basic Earnings Per Share	-$0.40	-$0.09
Diluted Earnings Per Share	-$0.40	-$0.09
COMMON SHARES
Basic Shares Outstanding	139.0M	138.7M
Diluted Shares Outstanding	139.6M	139.1M

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$113.9M	$148.2M
YoY Change	-62.94%	-41.43%
Cash & Equivalents	$113.9M	$148.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$113.9M	$148.2M
YoY Change	-62.94%	-41.43%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$42.36M	$42.40M
YoY Change	-0.36%	-0.35%
Other Assets	$30.47M	$21.19M
YoY Change	31.32%	-33.87%
Total Long-Term Assets	$7.194B	$7.436B
YoY Change	-7.06%	-8.73%
TOTAL ASSETS
Total Short-Term Assets	$113.9M	$148.2M
Total Long-Term Assets	$7.194B	$7.436B
Total Assets	$7.308B	$7.585B
YoY Change	-9.2%	-9.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$4.851B	$4.946B
YoY Change	-4.97%	-7.07%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$4.924B	$5.034B
YoY Change	-5.44%	-7.58%
LONG-TERM LIABILITIES
Long-Term Debt	$279.7M	$379.4M
YoY Change	-48.59%	-31.49%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$279.7M	$379.4M
YoY Change	-48.59%	-31.49%
TOTAL LIABILITIES
Total Short-Term Liabilities	$4.924B	$5.034B
Total Long-Term Liabilities	$279.7M	$379.4M
Total Liabilities	$5.204B	$5.413B
YoY Change	-9.52%	-9.78%
SHAREHOLDERS EQUITY
Retained Earnings	-$632.6M	-$562.2M
YoY Change	48.71%	75.07%
Common Stock	$1.394M	$1.390M
YoY Change	-0.43%	-0.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.104B	$2.171B
YoY Change
Total Liabilities & Shareholders Equity	$7.308B	$7.585B
YoY Change	-9.2%	-9.71%

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	-$56.22M	-$11.55M
YoY Change	-18.46%	-480.57%
Depreciation, Depletion And Amortization	$2.400M	$2.400M
YoY Change	0.0%	14.72%
Cash From Operating Activities	$39.18M	$5.525M
YoY Change	-6.5%	-75.34%
INVESTING ACTIVITIES
Capital Expenditures	$135.0K	$116.0K
YoY Change	-66.25%	-69.47%
Acquisitions
YoY Change
Other Investing Activities	$179.9M	$80.55M
YoY Change	-39.46%	-175.92%
Cash From Investing Activities	$179.7M	$80.44M
YoY Change	-39.4%	-175.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-243.9M	-168.3M
YoY Change	-16.75%	73.66%
NET CHANGE
Cash From Operating Activities	39.18M	5.525M
Cash From Investing Activities	179.7M	80.44M
Cash From Financing Activities	-243.9M	-168.3M
Net Change In Cash	-25.01M	-82.37M
YoY Change	-154.97%	-54.49%
FREE CASH FLOW
Cash From Operating Activities	$39.18M	$5.525M
Capital Expenditures	$135.0K	$116.0K
Free Cash Flow	$39.04M	$5.409M
YoY Change	-5.93%	-75.44%

Frame	Concept Type	Concept / XBRL Key	Value
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Amendment Flag AmendmentFlag	false
	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/2024#RealEstateInvestmentMember
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2024-06-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	001-40993
	dei	Entity Registrant Name EntityRegistrantName	Claros Mortgage Trust, Inc.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	47-4074900
	dei	Entity Address Address Line1 EntityAddressAddressLine1	c/o Mack Real Estate Credit Strategies, L.P.
	dei	Entity Address Address Line2 EntityAddressAddressLine2	60 Columbus Circle
	dei	Entity Address Address Line3 EntityAddressAddressLine3	20th Floor
	dei	Entity Address City Or Town EntityAddressCityOrTown	New York
	dei	Entity Address State Or Province EntityAddressStateOrProvince	NY
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	10023
	dei	City Area Code CityAreaCode	212
	dei	Local Phone Number LocalPhoneNumber	484-0050
	dei	Security12b Title Security12bTitle	Common Stock, $0.01 par value per share
	dei	Trading Symbol TradingSymbol	CMTG
	dei	Security Exchange Name SecurityExchangeName	NYSE
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	false
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2024Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	138954433
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	148212000
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	187301000
CY2024Q2	us-gaap	Restricted Cash RestrictedCash	21185000
CY2023Q4	us-gaap	Restricted Cash RestrictedCash	27588000
CY2024Q2	cmtg	Loan Principal Payments Held By Servicer LoanPrincipalPaymentsHeldByServicer	0
CY2023Q4	cmtg	Loan Principal Payments Held By Servicer LoanPrincipalPaymentsHeldByServicer	11000000
CY2024Q2	cmtg	Loans Receivable Held For Investment Gross LoansReceivableHeldForInvestmentGross	6913273000
CY2023Q4	cmtg	Loans Receivable Held For Investment Gross LoansReceivableHeldForInvestmentGross	7020383000
CY2024Q2	cmtg	Loans Receivable Held For Investment Current Expected Credit Loss Reserve LoansReceivableHeldForInvestmentCurrentExpectedCreditLossReserve	203756000
CY2023Q4	cmtg	Loans Receivable Held For Investment Current Expected Credit Loss Reserve LoansReceivableHeldForInvestmentCurrentExpectedCreditLossReserve	142958000
CY2024Q2	cmtg	Loans Receivable Held For Investment Net LoansReceivableHeldForInvestmentNet	6709517000
CY2023Q4	cmtg	Loans Receivable Held For Investment Net LoansReceivableHeldForInvestmentNet	6877425000
CY2024Q2	us-gaap	Loans Receivable Held For Sale Amount LoansReceivableHeldForSaleAmount	0
CY2023Q4	us-gaap	Loans Receivable Held For Sale Amount LoansReceivableHeldForSaleAmount	261709000
CY2024Q2	us-gaap	Equity Method Investments EquityMethodInvestments	42397000
CY2023Q4	us-gaap	Equity Method Investments EquityMethodInvestments	42474000
CY2024Q2	us-gaap	Real Estate Investments RealEstateInvestments	518719000
CY2023Q4	us-gaap	Real Estate Investments RealEstateInvestments	522959000
CY2024Q2	us-gaap	Other Assets OtherAssets	144547000
CY2023Q4	us-gaap	Other Assets OtherAssets	138905000
CY2024Q2	us-gaap	Assets Assets	7584577000
CY2023Q4	us-gaap	Assets Assets	8069361000
CY2024Q2	us-gaap	Secured Debt Repurchase Agreements SecuredDebtRepurchaseAgreements	3620694000
CY2023Q4	us-gaap	Secured Debt Repurchase Agreements SecuredDebtRepurchaseAgreements	3805678000
CY2024Q2	cmtg	Term Participation Facility TermParticipationFacility	370193000
CY2023Q4	cmtg	Term Participation Facility TermParticipationFacility	465434000
CY2024Q2	us-gaap	Participating Mortgage Loans Participation Liabilities Amount ParticipatingMortgageLoansParticipationLiabilitiesAmount	100759000
CY2023Q4	us-gaap	Participating Mortgage Loans Participation Liabilities Amount ParticipatingMortgageLoansParticipationLiabilitiesAmount	120508000
CY2024Q2	us-gaap	Notes Payable NotesPayable	244018000
CY2023Q4	us-gaap	Notes Payable NotesPayable	283341000
CY2024Q2	us-gaap	Secured Long Term Debt SecuredLongTermDebt	711177000
CY2023Q4	us-gaap	Secured Long Term Debt SecuredLongTermDebt	712576000
CY2024Q2	cmtg	Debt Related To Real Estate Owned Net DebtRelatedToRealEstateOwnedNet	278600000
CY2023Q4	cmtg	Debt Related To Real Estate Owned Net DebtRelatedToRealEstateOwnedNet	289913000
CY2024Q2	us-gaap	Other Liabilities OtherLiabilities	43182000
CY2023Q4	us-gaap	Other Liabilities OtherLiabilities	47368000
CY2024Q2	cmtg	Dividends Payable Common Stock Redeemable Common Stock And Vested Restricted DividendsPayableCommonStockRedeemableCommonStockAndVestedRestricted	35541000
CY2023Q4	cmtg	Dividends Payable Common Stock Redeemable Common Stock And Vested Restricted DividendsPayableCommonStockRedeemableCommonStockAndVestedRestricted	35328000
CY2024Q2	us-gaap	Management Fee Payable ManagementFeePayable	9011000
CY2023Q4	us-gaap	Management Fee Payable ManagementFeePayable	9315000
CY2024Q2	us-gaap	Liabilities Liabilities	5413175000
CY2023Q4	us-gaap	Liabilities Liabilities	5769461000
CY2024Q2	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
CY2024Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000
CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	138954433
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	138745357
CY2024Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	138954433
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	138745357
CY2024Q2	us-gaap	Common Stock Value CommonStockValue	1390000
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	1387000
CY2024Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	2732228000
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	2725217000
CY2024Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-562216000
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-426704000
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2171402000
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2299900000
CY2024Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7584577000
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	8069361000
CY2024Q2	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	155131000
CY2023Q2	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	180735000
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	315976000
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	344901000
CY2024Q2	cmtg	Interest Expense Excludes Interest Expense From Real Estate Owned Debt InterestExpenseExcludesInterestExpenseFromRealEstateOwnedDebt	113225000
CY2023Q2	cmtg	Interest Expense Excludes Interest Expense From Real Estate Owned Debt InterestExpenseExcludesInterestExpenseFromRealEstateOwnedDebt	119676000
	cmtg	Interest Expense Excludes Interest Expense From Real Estate Owned Debt InterestExpenseExcludesInterestExpenseFromRealEstateOwnedDebt	229156000
	cmtg	Interest Expense Excludes Interest Expense From Real Estate Owned Debt InterestExpenseExcludesInterestExpenseFromRealEstateOwnedDebt	225703000
CY2024Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	41906000
CY2023Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	61059000
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	86820000
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	119198000
CY2024Q2	cmtg	Real Estate Owned Operating Revenue RealEstateOwnedOperatingRevenue	22581000
CY2023Q2	cmtg	Real Estate Owned Operating Revenue RealEstateOwnedOperatingRevenue	19866000
	cmtg	Real Estate Owned Operating Revenue RealEstateOwnedOperatingRevenue	36492000
	cmtg	Real Estate Owned Operating Revenue RealEstateOwnedOperatingRevenue	30829000
CY2024Q2	us-gaap	Revenues Revenues	64487000
CY2023Q2	us-gaap	Revenues Revenues	80925000
	us-gaap	Revenues Revenues	123312000
	us-gaap	Revenues Revenues	150027000
CY2024Q2	us-gaap	Management Fee Expense ManagementFeeExpense	9011000
CY2023Q2	us-gaap	Management Fee Expense ManagementFeeExpense	9641000
	us-gaap	Management Fee Expense ManagementFeeExpense	18221000
	us-gaap	Management Fee Expense ManagementFeeExpense	19297000
	us-gaap	Incentive Fee Expense IncentiveFeeExpense	1558000
CY2024Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4845000
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4492000
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	8722000
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	9417000
CY2024Q2	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	3999000
CY2023Q2	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	4395000
	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	8352000
	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	7761000
CY2024Q2	cmtg	Real Estate Owned Operating Expenses RealEstateOwnedOperatingExpenses	13859000
CY2023Q2	cmtg	Real Estate Owned Operating Expenses RealEstateOwnedOperatingExpenses	11269000
	cmtg	Real Estate Owned Operating Expenses RealEstateOwnedOperatingExpenses	26739000
	cmtg	Real Estate Owned Operating Expenses RealEstateOwnedOperatingExpenses	21268000
CY2024Q2	cmtg	Real Estate Owned Interest Expense RealEstateOwnedInterestExpense	6869000
CY2023Q2	cmtg	Real Estate Owned Interest Expense RealEstateOwnedInterestExpense	5865000
	cmtg	Real Estate Owned Interest Expense RealEstateOwnedInterestExpense	13198000
	cmtg	Real Estate Owned Interest Expense RealEstateOwnedInterestExpense	11309000
CY2024Q2	cmtg	Real Estate Owned Depreciation And Amortization Expenses RealEstateOwnedDepreciationAndAmortizationExpenses	2623000
CY2023Q2	cmtg	Real Estate Owned Depreciation And Amortization Expenses RealEstateOwnedDepreciationAndAmortizationExpenses	2092000
	cmtg	Real Estate Owned Depreciation And Amortization Expenses RealEstateOwnedDepreciationAndAmortizationExpenses	5222000
	cmtg	Real Estate Owned Depreciation And Amortization Expenses RealEstateOwnedDepreciationAndAmortizationExpenses	4150000
CY2024Q2	us-gaap	Operating Expenses OperatingExpenses	41206000
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	37754000
	us-gaap	Operating Expenses OperatingExpenses	80454000
	us-gaap	Operating Expenses OperatingExpenses	74760000
CY2024Q2	cmtg	Realized Gain Loss From Derivatives RealizedGainLossFromDerivatives	228000
CY2023Q2	cmtg	Realized Gain Loss From Derivatives RealizedGainLossFromDerivatives	1495000
	cmtg	Realized Gain Loss From Derivatives RealizedGainLossFromDerivatives	1093000
	cmtg	Realized Gain Loss From Derivatives RealizedGainLossFromDerivatives	2678000
CY2024Q2	us-gaap	Unrealized Gain Loss On Cash Flow Hedging Instruments UnrealizedGainLossOnCashFlowHedgingInstruments	-94000
CY2023Q2	us-gaap	Unrealized Gain Loss On Cash Flow Hedging Instruments UnrealizedGainLossOnCashFlowHedgingInstruments	-259000
	us-gaap	Unrealized Gain Loss On Cash Flow Hedging Instruments UnrealizedGainLossOnCashFlowHedgingInstruments	-1092000
	us-gaap	Unrealized Gain Loss On Cash Flow Hedging Instruments UnrealizedGainLossOnCashFlowHedgingInstruments	-1662000
CY2024Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-42000
CY2023Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-895000
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-77000
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	668000
CY2024Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-999000
CY2023Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	2217000
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-3243000
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	2217000
CY2024Q2	cmtg	Provision For Reversal Of Current Expected Credit Loss ProvisionForReversalOfCurrentExpectedCreditLoss	33928000
CY2023Q2	cmtg	Provision For Reversal Of Current Expected Credit Loss ProvisionForReversalOfCurrentExpectedCreditLoss	41476000
	cmtg	Provision For Reversal Of Current Expected Credit Loss ProvisionForReversalOfCurrentExpectedCreditLoss	103888000
	cmtg	Provision For Reversal Of Current Expected Credit Loss ProvisionForReversalOfCurrentExpectedCreditLoss	38237000
CY2024Q2	us-gaap	Profit Loss ProfitLoss	-11554000
CY2023Q2	us-gaap	Profit Loss ProfitLoss	4253000
	us-gaap	Profit Loss ProfitLoss	-64349000
	us-gaap	Profit Loss ProfitLoss	40931000
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.09
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.09
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.02
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.02
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.48
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.48
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.28
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.28
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	139078117
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	139078117
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	138399446
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	138399446
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	138934615
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	138934615
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	138392666
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	138392666
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	Net Income Loss NetIncomeLoss	-52795000
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2215883000
CY2024Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	4049000
CY2024Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	1435000
CY2024Q2	us-gaap	Dividends Common Stock DividendsCommonStock	35541000
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-11554000
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2171402000
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
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	4443000
CY2023Q2	us-gaap	Dividends Common Stock DividendsCommonStock	52424000
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	4253000
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2400426000
	us-gaap	Profit Loss ProfitLoss	-64349000
	us-gaap	Profit Loss ProfitLoss	40931000
	cmtg	Accretion Of Origination Fees On Loans Receivable Net AccretionOfOriginationFeesOnLoansReceivableNet	8960000
	cmtg	Accretion Of Origination Fees On Loans Receivable Net AccretionOfOriginationFeesOnLoansReceivableNet	10586000
	cmtg	Amortization Of Deferred Financing Costs AmortizationOfDeferredFinancingCosts	11053000
	cmtg	Amortization Of Deferred Financing Costs AmortizationOfDeferredFinancingCosts	11973000
	us-gaap	Share Based Compensation ShareBasedCompensation	8446000
	us-gaap	Share Based Compensation ShareBasedCompensation	7852000
	cmtg	Depreciation And Amortization On Real Estate Owned And In Place Lease Values DepreciationAndAmortizationOnRealEstateOwnedAndInPlaceLeaseValues	5222000
	cmtg	Depreciation And Amortization On Real Estate Owned And In Place Lease Values DepreciationAndAmortizationOnRealEstateOwnedAndInPlaceLeaseValues	4150000
	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	708000
	us-gaap	Unrealized Gain Loss On Cash Flow Hedging Instruments UnrealizedGainLossOnCashFlowHedgingInstruments	-1092000
	us-gaap	Unrealized Gain Loss On Cash Flow Hedging Instruments UnrealizedGainLossOnCashFlowHedgingInstruments	-1662000
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-77000
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	668000
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-3243000
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	2217000
	cmtg	Noncash Advances To Loans Receivable In Lieu Of Interest NoncashAdvancesToLoansReceivableInLieuOfInterest	-23205000
	cmtg	Noncash Advances To Loans Receivable In Lieu Of Interest NoncashAdvancesToLoansReceivableInLieuOfInterest	-40837000
	cmtg	Noncash Advances On Secured Financings In Lieu Of Interest NoncashAdvancesOnSecuredFinancingsInLieuOfInterest	4435000
	cmtg	Noncash Advances On Secured Financings In Lieu Of Interest NoncashAdvancesOnSecuredFinancingsInLieuOfInterest	1150000
	cmtg	Repayment Of Noncash Advances To Loans Receivable In Lieu Of Interest RepaymentOfNoncashAdvancesToLoansReceivableInLieuOfInterest	1865000
	cmtg	Repayment Of Noncash Advances To Loans Receivable In Lieu Of Interest RepaymentOfNoncashAdvancesToLoansReceivableInLieuOfInterest	7738000
	cmtg	Provision For Reversal Of Current Expected Credit Loss ProvisionForReversalOfCurrentExpectedCreditLoss	103888000
	cmtg	Provision For Reversal Of Current Expected Credit Loss ProvisionForReversalOfCurrentExpectedCreditLoss	38237000
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	12461000
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	18423000
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-3737000
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	1174000
	cmtg	Increase Decrease In Management Fee Payable Affiliate IncreaseDecreaseInManagementFeePayableAffiliate	-304000
	cmtg	Increase Decrease In Management Fee Payable Affiliate IncreaseDecreaseInManagementFeePayableAffiliate	-226000
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	27013000
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	41910000
	cmtg	Payments For Loan Originations Acquisitions And Advances Net Of Fees PaymentsForLoanOriginationsAcquisitionsAndAdvancesNetOfFees	263427000
	cmtg	Payments For Loan Originations Acquisitions And Advances Net Of Fees PaymentsForLoanOriginationsAcquisitionsAndAdvancesNetOfFees	449716000
	cmtg	Payments For Advances On Loans Receivable Held For Sale PaymentsForAdvancesOnLoansReceivableHeldForSale	2320000
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	195971000
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	251435000
	us-gaap	Proceeds From Sale Of Loans Receivable ProceedsFromSaleOfLoansReceivable	435645000
	cmtg	Extension And Exit Fees Received From Loans Receivable ExtensionAndExitFeesReceivedFromLoansReceivable	1763000
	cmtg	Extension And Exit Fees Received From Loans Receivable ExtensionAndExitFeesReceivedFromLoansReceivable	1585000
	us-gaap	Proceeds From Sale Of Foreclosed Assets ProceedsFromSaleOfForeclosedAssets	256000
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	6611000
	cmtg	Payments For Reserves Held For Loans Receivable PaymentsForReservesHeldForLoansReceivable	5000
	cmtg	Payments For Reserves Held For Loans Receivable PaymentsForReservesHeldForLoansReceivable	-1000
	cmtg	Capital Expenditures On Real Estate Assets CapitalExpendituresOnRealEstateAssets	-581000
	cmtg	Capital Expenditures On Real Estate Assets CapitalExpendituresOnRealEstateAssets	-1056000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	367046000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-204106000
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1435000
	us-gaap	Payments Of Dividends PaymentsOfDividends	70950000
	us-gaap	Payments Of Dividends PaymentsOfDividends	104405000
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	1103041000
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	649804000
	cmtg	Payment Of Deferred Financing Costs PaymentOfDeferredFinancingCosts	6702000
	cmtg	Payment Of Deferred Financing Costs PaymentOfDeferredFinancingCosts	6137000
	cmtg	Purchase Of Interest Rate Cap PurchaseOfInterestRateCap	-508000
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	1449183000
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	417011000
	cmtg	Repayments Of Secured Term Loan RepaymentsOfSecuredTermLoan	3814000
	cmtg	Repayments Of Secured Term Loan RepaymentsOfSecuredTermLoan	23124000
	cmtg	Repayments Of Debt Related To Real Estate Owned RepaymentsOfDebtRelatedToRealEstateOwned	10000000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-439551000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	99127000
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-45492000
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-63069000
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
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	169397000
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	285090000
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	148212000
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	253055000
CY2024Q2	us-gaap	Restricted Cash RestrictedCash	21185000
CY2023Q2	us-gaap	Restricted Cash RestrictedCash	32035000
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	169397000
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	285090000
	us-gaap	Interest Paid Net InterestPaidNet	232867000
	us-gaap	Interest Paid Net InterestPaidNet	222751000
	cmtg	Dividends Accrued DividendsAccrued	35541000
	cmtg	Dividends Accrued DividendsAccrued	52424000
	cmtg	Loan Principal Payment Held By Servicer LoanPrincipalPaymentHeldByServicer	641000
	cmtg	Accrued Deferred Financing Costs AccruedDeferredFinancingCosts	854000
	cmtg	Accrued Deferred Financing Costs AccruedDeferredFinancingCosts	3750000
	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	124332000
	cmtg	Lease Intangibles Net Acquired In Assignment In Lieu Of Foreclosure LeaseIntangiblesNetAcquiredInAssignmentInLieuOfForeclosure	20080000
	cmtg	Working Capital Acquired In Assignment In Lieu Of Foreclosure WorkingCapitalAcquiredInAssignmentInLieuOfForeclosure	2392000
	cmtg	Settlement Of Loans Receivable In Assignment In Lieu Of Foreclosure SettlementOfLoansReceivableInAssignmentInLieuOfForeclosure	208797000
	cmtg	Accrued Assignment In Lieu Of Foreclosure Transaction Costs AccruedAssignmentInLieuOfForeclosureTransactionCosts	414000
	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 our current expected credit loss reserve, the determination of the fair value of real estate assets acquired and liabilities assumed, and the impairment of certain assets.</span></p>
	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>
	srt	Mortgage Loans On Real Estate Number Of Loans MortgageLoansOnRealEstateNumberOfLoans	62
CY2024Q2	cmtg	Loan Commitment LoanCommitment	7677264000
CY2024Q2	cmtg	Loans Receivable Principal Outstanding Amount LoansReceivablePrincipalOutstandingAmount	6928274000
CY2024Q2	cmtg	Loans Receivable Net Of Specific Cecl Reserve LoansReceivableNetOfSpecificCECLReserve	6834996000
CY2024Q2	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.0853
CY2024Q2	cmtg	Loans Receivable General Cecl Reserve LoansReceivableGeneralCeclReserve	125479000
CY2024Q2	cmtg	Loans Receivable Net Reported Amount LoansReceivableNetReportedAmount	6709517000
	cmtg	Loans Receivable Specific Cecl Reserve LoansReceivableSpecificCECLReserve	78300000
	us-gaap	Debt Instrument Description Of Variable Rate Basis DebtInstrumentDescriptionOfVariableRateBasis	0
	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
CY2024Q2	cmtg	Unfunded Loan Commitment Loans Held For Sale UnfundedLoanCommitmentLoansHeldForSale	44900000
CY2024Q1	cmtg	Unfunded Loan Commitment Loans Held For Sale UnfundedLoanCommitmentLoansHeldForSale	105000000
CY2024Q2	us-gaap	Loans Receivable Held For Sale Amount LoansReceivableHeldForSaleAmount	0
CY2023Q4	cmtg	Loan Commitment Held For Sale LoanCommitmentHeldForSale	378906000
CY2023	cmtg	Loans Receivable Unpaid Principal Balance LoansReceivableUnpaidPrincipalBalance	271533000
CY2023Q4	cmtg	Loans Receivable Gross LoansReceivableGross	269177000
CY2023	cmtg	Loan Receivable Held For Sale Charge Off LoanReceivableHeldForSaleChargeOff	7468000
CY2023Q4	us-gaap	Loans Receivable Held For Sale Amount LoansReceivableHeldForSaleAmount	261709000
CY2023	cmtg	Debt Instrument Extended Maturity Date DebtInstrumentExtendedMaturityDate	2023-09-18
CY2024Q2	cmtg	Coupon Interest CouponInterest	148319000
CY2023Q2	cmtg	Coupon Interest CouponInterest	171018000
	cmtg	Coupon Interest CouponInterest	301326000
	cmtg	Coupon Interest CouponInterest	327634000
CY2024Q2	cmtg	Interest On Cash And Cash Equivalents And Other Income InterestOnCashAndCashEquivalentsAndOtherIncome	2485000
CY2023Q2	cmtg	Interest On Cash And Cash Equivalents And Other Income InterestOnCashAndCashEquivalentsAndOtherIncome	4378000
	cmtg	Interest On Cash And Cash Equivalents And Other Income InterestOnCashAndCashEquivalentsAndOtherIncome	5690000
	cmtg	Interest On Cash And Cash Equivalents And Other Income InterestOnCashAndCashEquivalentsAndOtherIncome	6681000
CY2024Q2	cmtg	Accretion Of Origination Fees Net AccretionOfOriginationFeesNet	4327000
CY2023Q2	cmtg	Accretion Of Origination Fees Net AccretionOfOriginationFeesNet	5339000
	cmtg	Accretion Of Origination Fees Net AccretionOfOriginationFeesNet	8960000
	cmtg	Accretion Of Origination Fees Net AccretionOfOriginationFeesNet	10586000
CY2024Q2	us-gaap	Interest And Other Income InterestAndOtherIncome	155131000
CY2023Q2	us-gaap	Interest And Other Income InterestAndOtherIncome	180735000
	us-gaap	Interest And Other Income InterestAndOtherIncome	315976000
	us-gaap	Interest And Other Income InterestAndOtherIncome	344901000
	cmtg	Pre Payment Penalties And Accelerated Fees PrePaymentPenaltiesAndAcceleratedFees	1300000
	cmtg	Pre Payment Penalties And Accelerated Fees PrePaymentPenaltiesAndAcceleratedFees	300000
	cmtg	Mortgage Loans On Real Estate Number Of Loans And Number Of Loans Held For Investment MortgageLoansOnRealEstateNumberOfLoansAndNumberOfLoansHeldForInvestment	62
CY2024Q2	srt	Mortgage Loans On Real Estate Face Amount Of Mortgages MortgageLoansOnRealEstateFaceAmountOfMortgages	6928274000
	cmtg	Mortgage Loans On Real Estate Commercial And Consumer MortgageLoansOnRealEstateCommercialAndConsumer	6834996000
	cmtg	Mortgage Loans On Real Estate Commercial And Consumer Percentage Of Carrying Value MortgageLoansOnRealEstateCommercialAndConsumerPercentageOfCarryingValue	1
CY2024Q2	cmtg	Loans Receivable General Cecl Reserve LoansReceivableGeneralCeclReserve	125479000
CY2024Q2	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	6709517000
	cmtg	Loans Receivable Specific Cecl Reserve LoansReceivableSpecificCECLReserve	78300000
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 Receivable General Cecl Reserve LoansReceivableGeneralCeclReserve	70371000
CY2023Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	6877425000
CY2023	cmtg	Loans Receivable Specific Cecl Reserve LoansReceivableSpecificCECLReserve	72600000
	cmtg	Weighted Average Risk Rating On Loan Exposure WeightedAverageRiskRatingOnLoanExposure	0.034
CY2023	cmtg	Weighted Average Risk Rating On Loan Exposure WeightedAverageRiskRatingOnLoanExposure	0.033
	cmtg	Non Accrual Loans Unpaid Principal Balance NonAccrualLoansUnpaidPrincipalBalance	777882000
CY2024Q2	cmtg	Non Accrual Loan Carrying Value Gross NonAccrualLoanCarryingValueGross	776393000
	cmtg	Non Accrual Loans Specific Cecl Reserve NonAccrualLoansSpecificCeclReserve	78277000
CY2024Q2	cmtg	Non Accrual Loans Net NonAccrualLoansNet	698116000
CY2024Q2	cmtg	Loan Receivable Percent Non Accrual LoanReceivablePercentNonAccrual	0.102
CY2024Q2	cmtg	Loan Receivable Number Of Additional Loans LoanReceivableNumberOfAdditionalLoans	5
CY2024Q2	cmtg	Loan Receivable Non Accrual Carrying Value Remain On Accrual Status Maturity Default LoanReceivableNonAccrualCarryingValueRemainOnAccrualStatusMaturityDefault	600700000
CY2024Q2	cmtg	Accrual Delinquent Loan Carrying Value AccrualDelinquentLoanCarryingValue	479400000
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
	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 and six months ended June 30, 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;"> <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 (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: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;min-width:fit-content;">44,588</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="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="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;">1,628</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: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="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="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;">1,485</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: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="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="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;">3,113</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: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="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;">41,475</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 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:bottom;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:bottom;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;">66,935</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;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:bottom;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:bottom;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:bottom;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:bottom;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:bottom;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:bottom;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:bottom;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:bottom;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:bottom;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:bottom;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:bottom;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;">66,935</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;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, June 30, 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;border-bottom:2.25pt double #000000;"><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;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">37,953</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #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="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">65,698</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #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:bottom;border-bottom:2.25pt double #000000;"><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;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">14,012</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #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="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">79,710</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #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:bottom;border-bottom:2.25pt double #000000;"><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;border-bottom:2.25pt double #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="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">117,663</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #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> </tr> <tr style="height:9pt;word-break:break-word;white-space:pre-wrap;"> <td style="background-color:#cff0fc;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="background-color:#ffffff;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="background-color:#cff0fc;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="background-color:#cff0fc;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="background-color:#cff0fc;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="background-color:#cff0fc;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="background-color:#cff0fc;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="background-color:#cff0fc;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="background-color:#cff0fc;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="background-color:#cff0fc;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="background-color:#cff0fc;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="background-color:#cff0fc;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="background-color:#cff0fc;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="background-color:#cff0fc;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="background-color:#cff0fc;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="background-color:#cff0fc;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:#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, 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:#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;">Provision (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;"><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:#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;">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:#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, 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:#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: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;min-width:fit-content;">1,232</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="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;">31,750</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="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;">946</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="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;">32,696</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="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;">33,928</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 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:bottom;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:bottom;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;">561</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;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:bottom;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:bottom;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:bottom;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:bottom;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:bottom;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:bottom;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:bottom;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:bottom;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:bottom;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:bottom;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:bottom;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;">561</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;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, June 30, 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;border-bottom:2.25pt double #000000;"><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;border-bottom:2.25pt double #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="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">78,277</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #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:bottom;border-bottom:2.25pt double #000000;"><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;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">125,479</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #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="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">9,989</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #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:bottom;border-bottom:2.25pt double #000000;"><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;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">135,468</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #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="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">213,745</span></p></td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #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> </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 June 30, 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;">2.0</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;">3.1</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> </tr> </table><div class="item-list-element-wrapper" 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 class="item-list-element-wrapper" 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;">June 30, 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>
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	103900000
	cmtg	Increase In Loans Receivable Specific Cecl Reserve IncreaseInLoansReceivableSpecificCeclReserve	55400000
CY2024Q2	cmtg	Loans Receivable Reversal Of General Cecl Reserve LoansReceivableReversalOfGeneralCeclReserve	48500000
CY2024Q2	cmtg	Loans Receivable Provision For Current Expected Credit Losses LoansReceivableProvisionForCurrentExpectedCreditLosses	213700000
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	38200000
	cmtg	Increase In Loans Receivable Specific Cecl Reserve IncreaseInLoansReceivableSpecificCeclReserve	44600000
CY2023Q2	cmtg	Loans Receivable Reversal Of General Cecl Reserve LoansReceivableReversalOfGeneralCeclReserve	6400000
CY2023Q2	cmtg	Loans Receivable Provision For Current Expected Credit Losses LoansReceivableProvisionForCurrentExpectedCreditLosses	117700000
CY2024Q2	cmtg	Loans Receivable Number Of Contract LoansReceivableNumberOfContract	62
CY2024Q2	cmtg	Amortized Cost Basis AmortizedCostBasis	6834996000
CY2024Q2	cmtg	Loan Receivable Originated In Current Fiscal Year LoanReceivableOriginatedInCurrentFiscalYear	101093000
CY2024Q2	cmtg	Loan Receivable Originated In Fiscal Year Before Latest Fiscal Year LoanReceivableOriginatedInFiscalYearBeforeLatestFiscalYear	2561493000
CY2024Q2	cmtg	Loan Receivable Originated Two Years Before Latest Fiscal Year LoanReceivableOriginatedTwoYearsBeforeLatestFiscalYear	1721607000
CY2024Q2	cmtg	Loan Receivable Originated Three Years Before Latest Fiscal Year LoanReceivableOriginatedThreeYearsBeforeLatestFiscalYear	179050000
CY2024Q2	cmtg	Loan Receivable Originated Four Years Before Latest Fiscal Year LoanReceivableOriginatedFourYearsBeforeLatestFiscalYear	1545432000
CY2024Q2	cmtg	Loan Receivable Originated Five Or More Years Before Latest Fiscal Year LoanReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear	726321000
CY2024Q2	cmtg	Loan Receivable Originated Two Years Write Offs Before Latest Fiscal Year LoanReceivableOriginatedTwoYearsWriteOffsBeforeLatestFiscalYear	42827000
	cmtg	Loans Receivable Specific Cecl Reserve LoansReceivableSpecificCECLReserve	78300000
CY2024Q2	us-gaap	Foreclosed Assets ForeclosedAssets	547580000
CY2023Q4	us-gaap	Foreclosed Assets ForeclosedAssets	546999000
CY2024Q2	us-gaap	Real Estate Owned Accumulated Depreciation RealEstateOwnedAccumulatedDepreciation	28861000
CY2023Q4	us-gaap	Real Estate Owned Accumulated Depreciation RealEstateOwnedAccumulatedDepreciation	24040000
CY2024Q2	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	518719000
CY2023Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	522959000
CY2024Q2	us-gaap	Depreciation Depreciation	2400000
CY2023Q2	us-gaap	Depreciation Depreciation	2100000
	us-gaap	Depreciation Depreciation	4800000
	us-gaap	Depreciation Depreciation	4200000
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0
CY2024Q2	cmtg	Real Estate Owned Operating Revenue RealEstateOwnedOperatingRevenue	22581000
CY2023Q2	cmtg	Real Estate Owned Operating Revenue RealEstateOwnedOperatingRevenue	19866000
	cmtg	Real Estate Owned Operating Revenue RealEstateOwnedOperatingRevenue	36492000
	cmtg	Real Estate Owned Operating Revenue RealEstateOwnedOperatingRevenue	30829000
CY2024Q2	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	13859000
CY2023Q2	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	11269000
	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	26739000
	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	21268000
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	4156000
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	8383000
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	8415000
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	8432000
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	8323000
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Thereafter LessorOperatingLeasePaymentsToBeReceivedThereafter	27462000
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	65171000
CY2024Q2	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
CY2024Q2	cmtg	In Place Above Market And Other Lease Intangibles Accumulated Amortization InPlaceAboveMarketAndOtherLeaseIntangiblesAccumulatedAmortization	2592000
CY2023Q4	cmtg	In Place Above Market And Other Lease Intangibles Accumulated Amortization InPlaceAboveMarketAndOtherLeaseIntangiblesAccumulatedAmortization	1296000
CY2024Q2	cmtg	In Place Above Market And Other Lease Values Net InPlaceAboveMarketAndOtherLeaseValuesNet	21697000
CY2023Q4	cmtg	In Place Above Market And Other Lease Values Net InPlaceAboveMarketAndOtherLeaseValuesNet	22993000
CY2024Q2	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	4209000
CY2023Q4	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	4209000
CY2024Q2	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	377000
CY2023Q4	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	188000
CY2024Q2	us-gaap	Below Market Lease Net BelowMarketLeaseNet	3832000
CY2023Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	4021000
CY2024Q2	cmtg	Amortization Of In Place And Other Lease AmortizationOfInPlaceAndOtherLease	200000
	cmtg	Amortization Of In Place And Other Lease AmortizationOfInPlaceAndOtherLease	400000
CY2024Q2	cmtg	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	400000
	cmtg	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	900000
CY2024Q2	cmtg	Amortization Of Below Market Leases AmortizationOfBelowMarketLeases	100000
	cmtg	Amortization Of Below Market Leases AmortizationOfBelowMarketLeases	200000
CY2024Q2	cmtg	In Place And Other Lease Values Amortization Income Remainder Of Fiscal Year InPlaceAndOtherLeaseValuesAmortizationIncomeRemainderOfFiscalYear	401000
CY2024Q2	cmtg	Above Market Lease Amortization Income Remainder Of Fiscal Year AboveMarketLeaseAmortizationIncomeRemainderOfFiscalYear	-895000
CY2024Q2	us-gaap	Below Market Lease Amortization Income Remainder Of Fiscal Year BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear	188000
CY2024Q2	cmtg	In Place And Other Lease Values Amortization Income Next Twelve Months InPlaceAndOtherLeaseValuesAmortizationIncomeNextTwelveMonths	802000
CY2024Q2	cmtg	Above Market Lease Amortization Income Next Twelve Months AboveMarketLeaseAmortizationIncomeNextTwelveMonths	-1791000
CY2024Q2	us-gaap	Below Market Lease Amortization Income Next Twelve Months BelowMarketLeaseAmortizationIncomeNextTwelveMonths	377000
CY2024Q2	cmtg	In Place And Other Lease Values Amortization Income Year Two InPlaceAndOtherLeaseValuesAmortizationIncomeYearTwo	802000
CY2024Q2	cmtg	Above Market Lease Amortization Income Year Two AboveMarketLeaseAmortizationIncomeYearTwo	-1791000
CY2024Q2	us-gaap	Below Market Lease Amortization Income Year Two BelowMarketLeaseAmortizationIncomeYearTwo	377000
CY2024Q2	cmtg	In Place And Other Lease Values Amortization Income Year Three InPlaceAndOtherLeaseValuesAmortizationIncomeYearThree	802000
CY2024Q2	cmtg	Above Market Lease Amortization Income Year Three AboveMarketLeaseAmortizationIncomeYearThree	-1791000
CY2024Q2	us-gaap	Below Market Lease Amortization Income Year Three BelowMarketLeaseAmortizationIncomeYearThree	377000
CY2024Q2	cmtg	In Place And Other Lease Values Amortization Income Year Four InPlaceAndOtherLeaseValuesAmortizationIncomeYearFour	769000
CY2024Q2	cmtg	Above Market Lease Amortization Income Year Four AboveMarketLeaseAmortizationIncomeYearFour	-1771000
CY2024Q2	us-gaap	Below Market Lease Amortization Income Year Four BelowMarketLeaseAmortizationIncomeYearFour	377000
CY2024Q2	cmtg	In Place And Other Lease Values Amortization Income Year After Year Four InPlaceAndOtherLeaseValuesAmortizationIncomeYearAfterYearFour	2025000
CY2024Q2	cmtg	Above Market Lease Amortization Income After Year Four AboveMarketLeaseAmortizationIncomeAfterYearFour	-8057000
CY2024Q2	cmtg	Below Market Lease Amortization Income After Year Four BelowMarketLeaseAmortizationIncomeAfterYearFour	2136000
CY2024Q2	cmtg	In Place Other Lease Value Five Year Total InPlaceOtherLeaseValueFiveYearTotal	5601000
CY2024Q2	cmtg	Above Market Lease Value Five Year Total AboveMarketLeaseValueFiveYearTotal	-16096000
CY2024Q2	cmtg	Below Market Lease Value Five Year Total BelowMarketLeaseValueFiveYearTotal	3832000
	cmtg	Weighted Average Amortization Period For In Place And Other Lease Intangibles WeightedAverageAmortizationPeriodForInPlaceAndOtherLeaseIntangibles	P8Y10M24D
	cmtg	Weighted Average Amortization Period For Above Market Lease WeightedAverageAmortizationPeriodForAboveMarketLease	P10Y6M
	cmtg	Weighted Average Amortization Period For Below Market Lease WeightedAverageAmortizationPeriodForBelowMarketLease	P11Y3M18D
CY2024Q2	cmtg	Debt Obligation Capacity DebtObligationCapacity	7087945000
CY2024Q2	us-gaap	Long Term Debt LongTermDebt	5340186000
CY2024Q2	cmtg	Debt Obligation Weighted Average Spread DebtObligationWeightedAverageSpread	0.0301
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
	us-gaap	Schedule Of Repurchase Agreements ScheduleOfRepurchaseAgreements	<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 following table summarizes our repurchase agreements by lender as of </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">June 30, 2024 ($ in thousands):</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="white-space:pre-wrap;font-size:4pt;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: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;"><p style="font-size:8pt;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;">Lender</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:8pt;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;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;">Initial Maturity</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:8pt;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;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;">Fully<br/>Extended<br/>Maturity</span><span style="color:#000000;top:-3.752pt;white-space:pre-wrap;font-weight:bold;font-size:5.36pt;position:relative;min-width:fit-content;"> (1)</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:8pt;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;">Maximum<br/>Capacity</span></p></td> <td 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="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:8pt;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;">Borrowing<br/>Outstanding and Carrying Value</span></p></td> <td 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="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:8pt;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;">Undrawn<br/>Capacity</span></p></td> <td 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="white-space:pre-wrap;min-width:fit-content;"> </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 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;">Carrying Value of Collateral </span><span style="color:#000000;top:-3.752pt;white-space:pre-wrap;font-weight:bold;font-size:5.36pt;position:relative;min-width:fit-content;">(2)</span></p></td> <td 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="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:middle;"><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;">JP Morgan Chase Bank, N.A.</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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="white-space:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">7/28/2026</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">7/28/2028</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:middle;"><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;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">2,411,713</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;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;">2,268,143</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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:middle;"><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;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">143,570</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;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;">3,284,536</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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;">Morgan Stanley Bank, N.A.</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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="white-space:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">1/26/2025</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">1/26/2025</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:middle;"><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:middle;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;">1,000,000</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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:middle;"><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:middle;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;">549,169</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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:middle;"><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:middle;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;">450,831</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;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:middle;"><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:middle;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;">798,327</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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;">Goldman Sachs Bank USA</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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="white-space:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">5/31/2025</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">5/31/2027</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:middle;"><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:middle;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;">500,000</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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:middle;"><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:middle;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;">143,215</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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:middle;"><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:middle;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;">356,785</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;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:middle;"><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:middle;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;">187,802</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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;">Barclays Bank PLC</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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="white-space:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">12/20/2024</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">12/20/2025</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:middle;"><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:middle;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;">500,000</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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:middle;"><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:middle;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;">-</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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:middle;"><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:middle;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;">500,000</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;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:middle;"><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:middle;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;">-</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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;">Wells Fargo Bank, N.A.</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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="white-space:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">9/29/2024</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">9/29/2026</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:middle;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:middle;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="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">750,000</span></p></td> <td style="white-space:nowrap;vertical-align:middle;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:middle;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="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:middle;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:middle;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="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">660,167</span></p></td> <td style="white-space:nowrap;vertical-align:middle;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:middle;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="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:middle;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:middle;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="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">89,833</span></p></td> <td style="white-space:nowrap;vertical-align:middle;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:middle;border-bottom:0.5pt solid #ffffff03;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:middle;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:middle;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="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">895,896</span></p></td> <td style="white-space:nowrap;vertical-align:middle;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> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;"><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</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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="white-space:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:9pt;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="white-space:pre-wrap;vertical-align:middle;"><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:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:9pt;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="white-space:pre-wrap;vertical-align:middle;"><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:middle;border-bottom:2.25pt double #000000;"><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;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">5,161,713</span></p></td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #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="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">3,620,694</span></p></td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #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:middle;border-bottom:2.25pt double #ffffff03;"><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:middle;border-bottom:2.25pt double #000000;"><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;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">1,541,019</span></p></td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #ffffff03;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #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="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">5,166,561</span></p></td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #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> </tr> </table><p style="font-size:10pt;margin-top:0;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><div class="item-list-element-wrapper" 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;">(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;">Facility maturity dates may be extended</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">, subject to meeting prescribed conditions</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">.</span></div></div><div class="item-list-element-wrapper" 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;">Net of specific CECL reserves, if any.</span></div></div><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 Deutsche Bank AG, New York Branch repurchase agreement reached its maturity in June 2024, upon which the facility was terminated.</span></p><p style="margin-left: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 following table summarizes our repurchase agreements by lender as of December 31, 2023 ($ in thousands):</span></p><p style="margin-left:24.5pt;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="white-space:pre-wrap;font-size:4pt;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: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;"><p style="font-size:8pt;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;">Lender</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:8pt;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;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;">Initial Maturity</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:8pt;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;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;">Fully<br/>Extended<br/>Maturity</span><span style="color:#000000;top:-3.752pt;white-space:pre-wrap;font-weight:bold;font-size:5.36pt;position:relative;min-width:fit-content;"> (1)</span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:8pt;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;">Maximum<br/>Capacity</span></p></td> <td 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="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:8pt;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;">Borrowing<br/>Outstanding and Carrying Value</span></p></td> <td 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="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="vertical-align:bottom;border-bottom:0.5pt solid #ffffff03;"><p style="font-size:8pt;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;">Undrawn<br/>Capacity</span></p></td> <td 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="white-space:pre-wrap;min-width:fit-content;"> </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 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;">Carrying Value of Collateral </span><span style="color:#000000;top:-3.752pt;white-space:pre-wrap;font-weight:bold;font-size:5.36pt;position:relative;min-width:fit-content;">(2)</span></p></td> <td 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="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:middle;"><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;">JP Morgan Chase Bank, N.A.</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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="white-space:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">7/28/2026</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">7/28/2028</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:middle;"><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;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">1,905,465</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;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;">1,672,878</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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:middle;"><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;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">232,587</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;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;">2,257,442</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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;">Morgan Stanley Bank, N.A</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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="white-space:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">1/26/2024</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">1/26/2025</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:middle;"><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:middle;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;">1,000,000</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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:middle;"><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:middle;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;">735,393</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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:middle;"><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:middle;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;">264,607</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;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:middle;"><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:middle;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;">1,023,295</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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;">Goldman Sachs Bank USA</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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="white-space:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">5/31/2025</span></span><span style="color:#000000;top:-4.221pt;white-space:pre-wrap;font-size:6.03pt;position:relative;min-width:fit-content;"> (3)</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">5/31/2027</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:middle;"><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:middle;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;">500,000</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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:middle;"><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:middle;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;">175,755</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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:middle;"><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:middle;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;">324,245</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;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:middle;"><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:middle;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;">286,623</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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;">Barclays Bank PLC</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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="white-space:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">12/20/2024</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">12/20/2025</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:middle;"><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:middle;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;">500,000</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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:middle;"><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:middle;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;">135,129</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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:middle;"><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:middle;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;">364,871</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;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:middle;"><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:middle;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;">250,823</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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;">Deutsche Bank AG,<br/> New York Branch</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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="white-space:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">6/26/2024</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">6/26/2026</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:middle;"><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:middle;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;">400,000</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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:middle;"><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:middle;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;">359,646</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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:middle;"><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:middle;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;">40,354</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;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:middle;"><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:middle;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;">611,741</span></p></td> <td style="white-space:nowrap;vertical-align:middle;"><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:middle;"><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;">Wells Fargo Bank, N.A.</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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="white-space:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">9/29/2024</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:9pt;"><span style="color:#000000;white-space:pre-wrap;min-width:fit-content;">9/29/2026</span></span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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:middle;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:middle;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="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">750,000</span></p></td> <td style="white-space:nowrap;vertical-align:middle;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:middle;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="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:middle;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:middle;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="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">726,877</span></p></td> <td style="white-space:nowrap;vertical-align:middle;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:middle;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="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:middle;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:middle;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="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">23,123</span></p></td> <td style="white-space:nowrap;vertical-align:middle;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:middle;border-bottom:0.5pt solid #ffffff03;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:middle;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:middle;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="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">939,628</span></p></td> <td style="white-space:nowrap;vertical-align:middle;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> </tr> <tr style="height:9pt;background-color:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:middle;"><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</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;"><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="white-space:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:9pt;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="white-space:pre-wrap;vertical-align:middle;"><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:pre-wrap;vertical-align:middle;text-align:left;"><p style="font-size:9pt;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="white-space:pre-wrap;vertical-align:middle;"><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:middle;border-bottom:2.25pt double #000000;"><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;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">5,055,465</span></p></td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #ffffff03;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #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="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">3,805,678</span></p></td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #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:middle;border-bottom:2.25pt double #ffffff03;"><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:middle;border-bottom:2.25pt double #000000;"><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;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">1,249,787</span></p></td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="min-width:fit-content;"> </span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #ffffff03;text-align:center;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:right;"><span style="white-space:pre-wrap;min-width:fit-content;"> </span></p></td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"><p style="font-size:9pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;min-width:fit-content;">$</span></p></td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #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="font-size:9pt;color:#000000;white-space:pre-wrap;min-width:fit-content;">5,369,552</span></p></td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #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> </tr> </table><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="white-space:pre-wrap;font-size:4pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><div class="item-list-element-wrapper" 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;">(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;">Facility maturity dates may be extended, subject to meeting prescribed conditions.</span></div></div><div class="item-list-element-wrapper" 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;">Net of specific CECL reserves, if any.</span></div></div><div class="item-list-element-wrapper" 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;">(3)</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;">Assumes as of right extension is exercised, subject to meeting prescribed conditions.</span></div></div>
CY2024Q2	cmtg	Debt Instrument Loan Participations Sold Borrowing Outstanding DebtInstrumentLoanParticipationsSoldBorrowingOutstanding	100634000
CY2024Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	100759000
CY2024Q2	us-gaap	Debt Instrument Collateral Amount DebtInstrumentCollateralAmount	183992000
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
CY2024Q2	cmtg	Debt Instrument Borrowing Outstanding DebtInstrumentBorrowingOutstanding	247027000
CY2024Q2	cmtg	Note Payable Carrying Value NotePayableCarryingValue	244018000
CY2024Q2	cmtg	Collateral Carrying Value CollateralCarryingValue	396828000
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
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
CY2024Q2	cmtg	Interest Expense On Secured Financing InterestExpenseOnSecuredFinancing	90357000
CY2023Q2	cmtg	Interest Expense On Secured Financing InterestExpenseOnSecuredFinancing	95860000
	cmtg	Interest Expense On Secured Financing InterestExpenseOnSecuredFinancing	183173000
	cmtg	Interest Expense On Secured Financing InterestExpenseOnSecuredFinancing	178810000
CY2024Q2	cmtg	Interest Expense On Secured Term Loan InterestExpenseOnSecuredTermLoan	18174000
CY2023Q2	cmtg	Interest Expense On Secured Term Loan InterestExpenseOnSecuredTermLoan	17942000
	cmtg	Interest Expense On Secured Term Loan InterestExpenseOnSecuredTermLoan	36419000
	cmtg	Interest Expense On Secured Term Loan InterestExpenseOnSecuredTermLoan	35183000
CY2024Q2	cmtg	Amortization Of Financing Costs Excluding Amortization Of Fees AmortizationOfFinancingCostsExcludingAmortizationOfFees	4694000
CY2023Q2	cmtg	Amortization Of Financing Costs Excluding Amortization Of Fees AmortizationOfFinancingCostsExcludingAmortizationOfFees	5874000
	cmtg	Amortization Of Financing Costs Excluding Amortization Of Fees AmortizationOfFinancingCostsExcludingAmortizationOfFees	9564000
	cmtg	Amortization Of Financing Costs Excluding Amortization Of Fees AmortizationOfFinancingCostsExcludingAmortizationOfFees	11710000
CY2024Q2	us-gaap	Interest Expense InterestExpense	113225000
CY2023Q2	us-gaap	Interest Expense InterestExpense	119676000

dei

Current Fiscal Year End Date

CurrentFiscalYearEndDate

--12-31

dei

Document Fiscal Period Focus

DocumentFiscalPeriodFocus

Q2

dei

Amendment Flag

AmendmentFlag

false

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/2024#RealEstateInvestmentMember

dei

Document Type

DocumentType

10-Q

dei

Document Quarterly Report

DocumentQuarterlyReport

true

dei

Document Period End Date

DocumentPeriodEndDate

2024-06-30

dei

Document Fiscal Year Focus

DocumentFiscalYearFocus

2024

dei

Document Transition Report

DocumentTransitionReport

false

dei

Entity File Number

EntityFileNumber

001-40993

dei

Entity Registrant Name

EntityRegistrantName

Claros Mortgage Trust, Inc.

dei

Entity Incorporation State Country Code

EntityIncorporationStateCountryCode

MD

dei

Entity Tax Identification Number

EntityTaxIdentificationNumber

47-4074900

dei

Entity Address Address Line1

EntityAddressAddressLine1

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

dei

Entity Address Address Line2

EntityAddressAddressLine2

60 Columbus Circle

dei

Entity Address Address Line3

EntityAddressAddressLine3

20th Floor

dei

Entity Address City Or Town

EntityAddressCityOrTown

New York

dei

Entity Address State Or Province

EntityAddressStateOrProvince

NY

dei

Entity Address Postal Zip Code

EntityAddressPostalZipCode

10023

dei

City Area Code

CityAreaCode

212

dei

Local Phone Number

LocalPhoneNumber

484-0050

dei

Security12b Title

Security12bTitle

Common Stock, $0.01 par value per share

dei

Trading Symbol

TradingSymbol

CMTG

dei

Security Exchange Name

SecurityExchangeName

NYSE

dei

Entity Current Reporting Status

EntityCurrentReportingStatus

Yes

dei

Entity Interactive Data Current

EntityInteractiveDataCurrent

Yes

dei

Entity Filer Category

EntityFilerCategory

Large Accelerated Filer

dei

Entity Small Business

EntitySmallBusiness

false

dei

Entity Emerging Growth Company

EntityEmergingGrowthCompany

false

dei

Entity Shell Company

EntityShellCompany

false

CY2024Q3

dei

Entity Common Stock Shares Outstanding

EntityCommonStockSharesOutstanding

138954433

CY2024Q2

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

148212000

CY2023Q4

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

187301000

CY2024Q2

us-gaap

Restricted Cash

RestrictedCash

21185000

CY2023Q4

us-gaap

Restricted Cash

RestrictedCash

27588000

CY2024Q2

cmtg

Loan Principal Payments Held By Servicer

LoanPrincipalPaymentsHeldByServicer

0

CY2023Q4

cmtg

Loan Principal Payments Held By Servicer

LoanPrincipalPaymentsHeldByServicer

11000000

CY2024Q2

cmtg

Loans Receivable Held For Investment Gross

LoansReceivableHeldForInvestmentGross

6913273000

CY2023Q4

cmtg

Loans Receivable Held For Investment Gross

LoansReceivableHeldForInvestmentGross

7020383000

CY2024Q2

cmtg

Loans Receivable Held For Investment Current Expected Credit Loss Reserve

LoansReceivableHeldForInvestmentCurrentExpectedCreditLossReserve

203756000

CY2023Q4

cmtg

Loans Receivable Held For Investment Current Expected Credit Loss Reserve

LoansReceivableHeldForInvestmentCurrentExpectedCreditLossReserve

142958000

CY2024Q2

cmtg

Loans Receivable Held For Investment Net

LoansReceivableHeldForInvestmentNet

6709517000

CY2023Q4

cmtg

Loans Receivable Held For Investment Net

LoansReceivableHeldForInvestmentNet

6877425000

CY2024Q2

us-gaap

Loans Receivable Held For Sale Amount

LoansReceivableHeldForSaleAmount

0

CY2023Q4

us-gaap

Loans Receivable Held For Sale Amount

LoansReceivableHeldForSaleAmount

261709000

CY2024Q2

us-gaap

Equity Method Investments

EquityMethodInvestments

42397000

CY2023Q4

us-gaap

Equity Method Investments

EquityMethodInvestments

42474000

CY2024Q2

us-gaap

Real Estate Investments

RealEstateInvestments

518719000

CY2023Q4

us-gaap

Real Estate Investments

RealEstateInvestments

522959000

CY2024Q2

us-gaap

Other Assets

OtherAssets

144547000

CY2023Q4

us-gaap

Other Assets

OtherAssets

138905000

CY2024Q2

us-gaap

Assets

7584577000

CY2023Q4

us-gaap

Assets

8069361000

CY2024Q2

us-gaap

Secured Debt Repurchase Agreements

SecuredDebtRepurchaseAgreements

3620694000

CY2023Q4

us-gaap

Secured Debt Repurchase Agreements

SecuredDebtRepurchaseAgreements

3805678000

CY2024Q2

cmtg

Term Participation Facility

TermParticipationFacility

370193000

CY2023Q4

cmtg

Term Participation Facility

TermParticipationFacility

465434000

CY2024Q2

us-gaap

Participating Mortgage Loans Participation Liabilities Amount

ParticipatingMortgageLoansParticipationLiabilitiesAmount

100759000

CY2023Q4

us-gaap

Participating Mortgage Loans Participation Liabilities Amount

ParticipatingMortgageLoansParticipationLiabilitiesAmount

120508000

CY2024Q2

us-gaap

Notes Payable

NotesPayable

244018000

CY2023Q4

us-gaap

Notes Payable

NotesPayable

283341000

CY2024Q2

us-gaap

Secured Long Term Debt

SecuredLongTermDebt

711177000

CY2023Q4

us-gaap

Secured Long Term Debt

SecuredLongTermDebt

712576000

CY2024Q2

cmtg

Debt Related To Real Estate Owned Net

DebtRelatedToRealEstateOwnedNet

278600000

CY2023Q4

cmtg

Debt Related To Real Estate Owned Net

DebtRelatedToRealEstateOwnedNet

289913000

CY2024Q2

us-gaap

Other Liabilities

OtherLiabilities

43182000

CY2023Q4

us-gaap

Other Liabilities

OtherLiabilities

47368000

CY2024Q2

cmtg

Dividends Payable Common Stock Redeemable Common Stock And Vested Restricted

DividendsPayableCommonStockRedeemableCommonStockAndVestedRestricted

35541000

CY2023Q4

cmtg

Dividends Payable Common Stock Redeemable Common Stock And Vested Restricted

DividendsPayableCommonStockRedeemableCommonStockAndVestedRestricted

35328000

CY2024Q2

us-gaap

Management Fee Payable

ManagementFeePayable

9011000

CY2023Q4

us-gaap

Management Fee Payable

ManagementFeePayable

9315000

CY2024Q2

us-gaap

Liabilities

5413175000

CY2023Q4

us-gaap

Liabilities

5769461000

CY2024Q2

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

CY2024Q2

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

500000000

CY2023Q4

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

500000000

CY2024Q2

us-gaap

Common Stock Shares Issued

CommonStockSharesIssued

138954433

CY2023Q4

us-gaap

Common Stock Shares Issued

CommonStockSharesIssued

138745357

CY2024Q2

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

138954433

CY2023Q4

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

138745357

CY2024Q2

us-gaap

Common Stock Value

CommonStockValue

1390000

CY2023Q4

us-gaap

Common Stock Value

CommonStockValue

1387000

CY2024Q2

us-gaap

Additional Paid In Capital

AdditionalPaidInCapital

2732228000

CY2023Q4

us-gaap

Additional Paid In Capital

AdditionalPaidInCapital

2725217000

CY2024Q2

us-gaap

Retained Earnings Accumulated Deficit

RetainedEarningsAccumulatedDeficit

-562216000

CY2023Q4

us-gaap

Retained Earnings Accumulated Deficit

RetainedEarningsAccumulatedDeficit

-426704000

CY2024Q2

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

2171402000

CY2023Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

2299900000

CY2024Q2

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

7584577000

CY2023Q4

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

8069361000

CY2024Q2

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

155131000

CY2023Q2

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

180735000

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

315976000

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

344901000

CY2024Q2

cmtg

Interest Expense Excludes Interest Expense From Real Estate Owned Debt

InterestExpenseExcludesInterestExpenseFromRealEstateOwnedDebt

113225000

CY2023Q2

cmtg

Interest Expense Excludes Interest Expense From Real Estate Owned Debt

InterestExpenseExcludesInterestExpenseFromRealEstateOwnedDebt

119676000

cmtg

Interest Expense Excludes Interest Expense From Real Estate Owned Debt

InterestExpenseExcludesInterestExpenseFromRealEstateOwnedDebt

229156000

cmtg

Interest Expense Excludes Interest Expense From Real Estate Owned Debt

InterestExpenseExcludesInterestExpenseFromRealEstateOwnedDebt

225703000

CY2024Q2

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

41906000

CY2023Q2

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

61059000

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

86820000

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

119198000

CY2024Q2

cmtg

Real Estate Owned Operating Revenue

RealEstateOwnedOperatingRevenue

22581000

CY2023Q2

cmtg

Real Estate Owned Operating Revenue

RealEstateOwnedOperatingRevenue

19866000

cmtg

Real Estate Owned Operating Revenue

RealEstateOwnedOperatingRevenue

36492000

cmtg

Real Estate Owned Operating Revenue

RealEstateOwnedOperatingRevenue

30829000

CY2024Q2

us-gaap

Revenues

64487000

CY2023Q2

us-gaap

Revenues

80925000

us-gaap

Revenues

123312000

us-gaap

Revenues

150027000

CY2024Q2

us-gaap

Management Fee Expense

ManagementFeeExpense

9011000

CY2023Q2

us-gaap

Management Fee Expense

ManagementFeeExpense

9641000

us-gaap

Management Fee Expense

ManagementFeeExpense

18221000

us-gaap

Management Fee Expense

ManagementFeeExpense

19297000

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

1558000

CY2024Q2

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

4845000

CY2023Q2

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

4492000

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

8722000

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

9417000

CY2024Q2

us-gaap

Employee Benefits And Share Based Compensation

EmployeeBenefitsAndShareBasedCompensation

3999000

CY2023Q2

us-gaap

Employee Benefits And Share Based Compensation

EmployeeBenefitsAndShareBasedCompensation

4395000

us-gaap

Employee Benefits And Share Based Compensation

EmployeeBenefitsAndShareBasedCompensation

8352000

us-gaap

Employee Benefits And Share Based Compensation

EmployeeBenefitsAndShareBasedCompensation

7761000

CY2024Q2

cmtg

Real Estate Owned Operating Expenses

RealEstateOwnedOperatingExpenses

13859000

CY2023Q2

cmtg

Real Estate Owned Operating Expenses

RealEstateOwnedOperatingExpenses

11269000

cmtg

Real Estate Owned Operating Expenses

RealEstateOwnedOperatingExpenses

26739000

cmtg

Real Estate Owned Operating Expenses

RealEstateOwnedOperatingExpenses

21268000

CY2024Q2

cmtg

Real Estate Owned Interest Expense

RealEstateOwnedInterestExpense

6869000

CY2023Q2

cmtg

Real Estate Owned Interest Expense

RealEstateOwnedInterestExpense

5865000

cmtg

Real Estate Owned Interest Expense

RealEstateOwnedInterestExpense

13198000

cmtg

Real Estate Owned Interest Expense

RealEstateOwnedInterestExpense

11309000

CY2024Q2

cmtg

Real Estate Owned Depreciation And Amortization Expenses

RealEstateOwnedDepreciationAndAmortizationExpenses

2623000

CY2023Q2

cmtg

Real Estate Owned Depreciation And Amortization Expenses

RealEstateOwnedDepreciationAndAmortizationExpenses

2092000

cmtg

Real Estate Owned Depreciation And Amortization Expenses

RealEstateOwnedDepreciationAndAmortizationExpenses

5222000

cmtg

Real Estate Owned Depreciation And Amortization Expenses

RealEstateOwnedDepreciationAndAmortizationExpenses

4150000

CY2024Q2

us-gaap

Operating Expenses

OperatingExpenses

41206000

CY2023Q2

us-gaap

Operating Expenses

OperatingExpenses

37754000

us-gaap

Operating Expenses

OperatingExpenses

80454000

us-gaap

Operating Expenses

OperatingExpenses

74760000

CY2024Q2

cmtg

Realized Gain Loss From Derivatives

RealizedGainLossFromDerivatives

228000

CY2023Q2

cmtg

Realized Gain Loss From Derivatives

RealizedGainLossFromDerivatives

1495000

cmtg

Realized Gain Loss From Derivatives

RealizedGainLossFromDerivatives

1093000

cmtg

Realized Gain Loss From Derivatives

RealizedGainLossFromDerivatives

2678000

CY2024Q2

us-gaap

Unrealized Gain Loss On Cash Flow Hedging Instruments

UnrealizedGainLossOnCashFlowHedgingInstruments

-94000

CY2023Q2

us-gaap

Unrealized Gain Loss On Cash Flow Hedging Instruments

UnrealizedGainLossOnCashFlowHedgingInstruments

-259000

us-gaap

Unrealized Gain Loss On Cash Flow Hedging Instruments

UnrealizedGainLossOnCashFlowHedgingInstruments

-1092000

us-gaap

Unrealized Gain Loss On Cash Flow Hedging Instruments

UnrealizedGainLossOnCashFlowHedgingInstruments

-1662000

CY2024Q2

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

-42000

CY2023Q2

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

-895000

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

-77000

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

668000

CY2024Q2

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

-999000

CY2023Q2

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

2217000

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

-3243000

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

2217000

CY2024Q2

cmtg

Provision For Reversal Of Current Expected Credit Loss

ProvisionForReversalOfCurrentExpectedCreditLoss

33928000

CY2023Q2

cmtg

Provision For Reversal Of Current Expected Credit Loss

ProvisionForReversalOfCurrentExpectedCreditLoss

41476000

cmtg

Provision For Reversal Of Current Expected Credit Loss

ProvisionForReversalOfCurrentExpectedCreditLoss

103888000

cmtg

Provision For Reversal Of Current Expected Credit Loss

ProvisionForReversalOfCurrentExpectedCreditLoss

38237000

CY2024Q2

us-gaap

Profit Loss

ProfitLoss

-11554000

CY2023Q2

us-gaap

Profit Loss

ProfitLoss

4253000

us-gaap

Profit Loss

ProfitLoss

-64349000

us-gaap

Profit Loss

ProfitLoss

40931000

CY2024Q2

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

-0.09

CY2024Q2

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

-0.09

CY2023Q2

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

0.02

CY2023Q2

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

0.02

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

-0.48

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

-0.48

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

0.28

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

0.28

CY2024Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

139078117

CY2024Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

139078117

CY2023Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

138399446

CY2023Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

138399446

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

138934615

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

138934615

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

138392666

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

138392666

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

Net Income Loss

NetIncomeLoss

-52795000

CY2024Q1

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

2215883000

CY2024Q2

us-gaap

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

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

4049000

CY2024Q2

us-gaap

Adjustments Related To Tax Withholding For Share Based Compensation

AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation

1435000

CY2024Q2

us-gaap

Dividends Common Stock

DividendsCommonStock

35541000

CY2024Q2

us-gaap

Net Income Loss

NetIncomeLoss

-11554000

CY2024Q2

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

2171402000

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

CY2023Q2

us-gaap

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

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

4443000

CY2023Q2

us-gaap

Dividends Common Stock

DividendsCommonStock

52424000

CY2023Q2

us-gaap

Net Income Loss

NetIncomeLoss

4253000

CY2023Q2

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

2400426000

us-gaap

Profit Loss

ProfitLoss

-64349000

us-gaap

Profit Loss

ProfitLoss

40931000

cmtg

Accretion Of Origination Fees On Loans Receivable Net

AccretionOfOriginationFeesOnLoansReceivableNet

8960000

cmtg

Accretion Of Origination Fees On Loans Receivable Net

AccretionOfOriginationFeesOnLoansReceivableNet

10586000

cmtg

Amortization Of Deferred Financing Costs

AmortizationOfDeferredFinancingCosts

11053000

cmtg

Amortization Of Deferred Financing Costs

AmortizationOfDeferredFinancingCosts

11973000

us-gaap

Share Based Compensation

ShareBasedCompensation

8446000

us-gaap

Share Based Compensation

ShareBasedCompensation

7852000

cmtg

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

DepreciationAndAmortizationOnRealEstateOwnedAndInPlaceLeaseValues

5222000

cmtg

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

DepreciationAndAmortizationOnRealEstateOwnedAndInPlaceLeaseValues

4150000

us-gaap

Amortization Of Above And Below Market Leases

AmortizationOfAboveAndBelowMarketLeases

708000

us-gaap

Unrealized Gain Loss On Cash Flow Hedging Instruments

UnrealizedGainLossOnCashFlowHedgingInstruments

-1092000

us-gaap

Unrealized Gain Loss On Cash Flow Hedging Instruments

UnrealizedGainLossOnCashFlowHedgingInstruments

-1662000

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

-77000

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

668000

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

-3243000

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

2217000

cmtg

Noncash Advances To Loans Receivable In Lieu Of Interest

NoncashAdvancesToLoansReceivableInLieuOfInterest

-23205000

cmtg

Noncash Advances To Loans Receivable In Lieu Of Interest

NoncashAdvancesToLoansReceivableInLieuOfInterest

-40837000

cmtg

Noncash Advances On Secured Financings In Lieu Of Interest

NoncashAdvancesOnSecuredFinancingsInLieuOfInterest

4435000

cmtg

Noncash Advances On Secured Financings In Lieu Of Interest

NoncashAdvancesOnSecuredFinancingsInLieuOfInterest

1150000

cmtg

Repayment Of Noncash Advances To Loans Receivable In Lieu Of Interest

RepaymentOfNoncashAdvancesToLoansReceivableInLieuOfInterest

1865000

cmtg

Repayment Of Noncash Advances To Loans Receivable In Lieu Of Interest

RepaymentOfNoncashAdvancesToLoansReceivableInLieuOfInterest

7738000

cmtg

Provision For Reversal Of Current Expected Credit Loss

ProvisionForReversalOfCurrentExpectedCreditLoss

103888000

cmtg

Provision For Reversal Of Current Expected Credit Loss

ProvisionForReversalOfCurrentExpectedCreditLoss

38237000

us-gaap

Increase Decrease In Other Operating Assets

IncreaseDecreaseInOtherOperatingAssets

12461000

us-gaap

Increase Decrease In Other Operating Assets

IncreaseDecreaseInOtherOperatingAssets

18423000

us-gaap

Increase Decrease In Other Operating Liabilities

IncreaseDecreaseInOtherOperatingLiabilities

-3737000

us-gaap

Increase Decrease In Other Operating Liabilities

IncreaseDecreaseInOtherOperatingLiabilities

1174000

cmtg

Increase Decrease In Management Fee Payable Affiliate

IncreaseDecreaseInManagementFeePayableAffiliate

-304000

cmtg

Increase Decrease In Management Fee Payable Affiliate

IncreaseDecreaseInManagementFeePayableAffiliate

-226000

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

27013000

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

41910000

cmtg

Payments For Loan Originations Acquisitions And Advances Net Of Fees

PaymentsForLoanOriginationsAcquisitionsAndAdvancesNetOfFees

263427000

cmtg

Payments For Loan Originations Acquisitions And Advances Net Of Fees

PaymentsForLoanOriginationsAcquisitionsAndAdvancesNetOfFees

449716000

cmtg

Payments For Advances On Loans Receivable Held For Sale

PaymentsForAdvancesOnLoansReceivableHeldForSale

2320000

us-gaap

Proceeds From Collection Of Loans Receivable

ProceedsFromCollectionOfLoansReceivable

195971000

us-gaap

Proceeds From Collection Of Loans Receivable

ProceedsFromCollectionOfLoansReceivable

251435000

us-gaap

Proceeds From Sale Of Loans Receivable

ProceedsFromSaleOfLoansReceivable

435645000

cmtg

Extension And Exit Fees Received From Loans Receivable

ExtensionAndExitFeesReceivedFromLoansReceivable

1763000

cmtg

Extension And Exit Fees Received From Loans Receivable

ExtensionAndExitFeesReceivedFromLoansReceivable

1585000

us-gaap

Proceeds From Sale Of Foreclosed Assets

ProceedsFromSaleOfForeclosedAssets

256000

us-gaap

Payments To Acquire Real Estate

PaymentsToAcquireRealEstate

6611000

cmtg

Payments For Reserves Held For Loans Receivable

PaymentsForReservesHeldForLoansReceivable

5000

cmtg

Payments For Reserves Held For Loans Receivable

PaymentsForReservesHeldForLoansReceivable

-1000

cmtg

Capital Expenditures On Real Estate Assets

CapitalExpendituresOnRealEstateAssets

-581000

cmtg

Capital Expenditures On Real Estate Assets

CapitalExpendituresOnRealEstateAssets

-1056000

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

367046000

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

-204106000

us-gaap

Payments Related To Tax Withholding For Share Based Compensation

PaymentsRelatedToTaxWithholdingForShareBasedCompensation

1435000

us-gaap

Payments Of Dividends

PaymentsOfDividends

70950000

us-gaap

Payments Of Dividends

PaymentsOfDividends

104405000

us-gaap

Proceeds From Issuance Of Secured Debt

ProceedsFromIssuanceOfSecuredDebt

1103041000

us-gaap

Proceeds From Issuance Of Secured Debt

ProceedsFromIssuanceOfSecuredDebt

649804000

cmtg

Payment Of Deferred Financing Costs

PaymentOfDeferredFinancingCosts

6702000

cmtg

Payment Of Deferred Financing Costs

PaymentOfDeferredFinancingCosts

6137000

cmtg

Purchase Of Interest Rate Cap

PurchaseOfInterestRateCap

-508000

us-gaap

Repayments Of Secured Debt

RepaymentsOfSecuredDebt

1449183000

us-gaap

Repayments Of Secured Debt

RepaymentsOfSecuredDebt

417011000

cmtg

Repayments Of Secured Term Loan

RepaymentsOfSecuredTermLoan

3814000

cmtg

Repayments Of Secured Term Loan

RepaymentsOfSecuredTermLoan

23124000

cmtg

Repayments Of Debt Related To Real Estate Owned

RepaymentsOfDebtRelatedToRealEstateOwned

10000000

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

-439551000

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

99127000

us-gaap

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

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

-45492000

us-gaap

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

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

-63069000

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

CY2024Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

169397000

CY2023Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

285090000

CY2024Q2

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

148212000

CY2023Q2

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

253055000

CY2024Q2

us-gaap

Restricted Cash

RestrictedCash

21185000

CY2023Q2

us-gaap

Restricted Cash

RestrictedCash

32035000

CY2024Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

169397000

CY2023Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

285090000

us-gaap

Interest Paid Net

InterestPaidNet

232867000

us-gaap

Interest Paid Net

InterestPaidNet

222751000

cmtg

Dividends Accrued

DividendsAccrued

35541000

cmtg

Dividends Accrued

DividendsAccrued

52424000

cmtg

Loan Principal Payment Held By Servicer

LoanPrincipalPaymentHeldByServicer

641000

cmtg

Accrued Deferred Financing Costs

AccruedDeferredFinancingCosts

854000

cmtg

Accrued Deferred Financing Costs

AccruedDeferredFinancingCosts

3750000

us-gaap

Transfer To Other Real Estate

TransferToOtherRealEstate

124332000

cmtg

Lease Intangibles Net Acquired In Assignment In Lieu Of Foreclosure

LeaseIntangiblesNetAcquiredInAssignmentInLieuOfForeclosure

20080000

cmtg

Working Capital Acquired In Assignment In Lieu Of Foreclosure

WorkingCapitalAcquiredInAssignmentInLieuOfForeclosure

2392000

cmtg

Settlement Of Loans Receivable In Assignment In Lieu Of Foreclosure

SettlementOfLoansReceivableInAssignmentInLieuOfForeclosure

208797000

cmtg

Accrued Assignment In Lieu Of Foreclosure Transaction Costs

AccruedAssignmentInLieuOfForeclosureTransactionCosts

414000

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 our current expected credit loss reserve, the determination of the fair value of real estate assets acquired and liabilities assumed, and the impairment of certain assets.

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.

srt

Mortgage Loans On Real Estate Number Of Loans

MortgageLoansOnRealEstateNumberOfLoans

62

CY2024Q2

cmtg

Loan Commitment

LoanCommitment

7677264000

CY2024Q2

cmtg

Loans Receivable Principal Outstanding Amount

LoansReceivablePrincipalOutstandingAmount

6928274000

CY2024Q2

cmtg

Loans Receivable Net Of Specific Cecl Reserve

LoansReceivableNetOfSpecificCECLReserve

6834996000

CY2024Q2

us-gaap

Debt Weighted Average Interest Rate

DebtWeightedAverageInterestRate

0.0853

CY2024Q2

cmtg

Loans Receivable General Cecl Reserve

LoansReceivableGeneralCeclReserve

125479000

CY2024Q2

cmtg

Loans Receivable Net Reported Amount

LoansReceivableNetReportedAmount

6709517000

cmtg

Loans Receivable Specific Cecl Reserve

LoansReceivableSpecificCECLReserve

78300000

us-gaap

Debt Instrument Description Of Variable Rate Basis

DebtInstrumentDescriptionOfVariableRateBasis

0

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

CY2024Q2

cmtg

Unfunded Loan Commitment Loans Held For Sale

UnfundedLoanCommitmentLoansHeldForSale

44900000

CY2024Q1

cmtg

Unfunded Loan Commitment Loans Held For Sale

UnfundedLoanCommitmentLoansHeldForSale

105000000

CY2024Q2

us-gaap

Loans Receivable Held For Sale Amount

LoansReceivableHeldForSaleAmount

0

CY2023Q4

cmtg

Loan Commitment Held For Sale

LoanCommitmentHeldForSale

378906000

CY2023

cmtg

Loans Receivable Unpaid Principal Balance

LoansReceivableUnpaidPrincipalBalance

271533000

CY2023Q4

cmtg

Loans Receivable Gross

LoansReceivableGross

269177000

CY2023

cmtg

Loan Receivable Held For Sale Charge Off

LoanReceivableHeldForSaleChargeOff

7468000

CY2023Q4

us-gaap

Loans Receivable Held For Sale Amount

LoansReceivableHeldForSaleAmount

261709000

CY2023

cmtg

Debt Instrument Extended Maturity Date

DebtInstrumentExtendedMaturityDate

2023-09-18

CY2024Q2

cmtg

Coupon Interest

CouponInterest

148319000

CY2023Q2

cmtg

Coupon Interest

CouponInterest

171018000

cmtg

Coupon Interest

CouponInterest

301326000

cmtg

Coupon Interest

CouponInterest

327634000

CY2024Q2

cmtg

Interest On Cash And Cash Equivalents And Other Income

InterestOnCashAndCashEquivalentsAndOtherIncome

2485000

CY2023Q2

cmtg

Interest On Cash And Cash Equivalents And Other Income

InterestOnCashAndCashEquivalentsAndOtherIncome

4378000

cmtg

Interest On Cash And Cash Equivalents And Other Income

InterestOnCashAndCashEquivalentsAndOtherIncome

5690000

cmtg

Interest On Cash And Cash Equivalents And Other Income

InterestOnCashAndCashEquivalentsAndOtherIncome

6681000

CY2024Q2

cmtg

Accretion Of Origination Fees Net

AccretionOfOriginationFeesNet

4327000

CY2023Q2

cmtg

Accretion Of Origination Fees Net

AccretionOfOriginationFeesNet

5339000

cmtg

Accretion Of Origination Fees Net

AccretionOfOriginationFeesNet

8960000

cmtg

Accretion Of Origination Fees Net

AccretionOfOriginationFeesNet

10586000

CY2024Q2

us-gaap

Interest And Other Income

InterestAndOtherIncome

155131000

CY2023Q2

us-gaap

Interest And Other Income

InterestAndOtherIncome

180735000

us-gaap

Interest And Other Income

InterestAndOtherIncome

315976000

us-gaap

Interest And Other Income

InterestAndOtherIncome

344901000

cmtg

Pre Payment Penalties And Accelerated Fees

PrePaymentPenaltiesAndAcceleratedFees

1300000

cmtg

Pre Payment Penalties And Accelerated Fees

PrePaymentPenaltiesAndAcceleratedFees

300000

cmtg

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

MortgageLoansOnRealEstateNumberOfLoansAndNumberOfLoansHeldForInvestment

62

CY2024Q2

srt

Mortgage Loans On Real Estate Face Amount Of Mortgages

MortgageLoansOnRealEstateFaceAmountOfMortgages

6928274000

cmtg

Mortgage Loans On Real Estate Commercial And Consumer

MortgageLoansOnRealEstateCommercialAndConsumer

6834996000

cmtg

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

MortgageLoansOnRealEstateCommercialAndConsumerPercentageOfCarryingValue

1

CY2024Q2

cmtg

Loans Receivable General Cecl Reserve

LoansReceivableGeneralCeclReserve

125479000

CY2024Q2

us-gaap

Mortgage Loans On Real Estate Commercial And Consumer Net

MortgageLoansOnRealEstateCommercialAndConsumerNet

6709517000

cmtg

Loans Receivable Specific Cecl Reserve

LoansReceivableSpecificCECLReserve

78300000

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 Receivable General Cecl Reserve

LoansReceivableGeneralCeclReserve

70371000

CY2023Q4

us-gaap

Mortgage Loans On Real Estate Commercial And Consumer Net

MortgageLoansOnRealEstateCommercialAndConsumerNet

6877425000

CY2023

cmtg

Loans Receivable Specific Cecl Reserve

LoansReceivableSpecificCECLReserve

72600000

cmtg

Weighted Average Risk Rating On Loan Exposure

WeightedAverageRiskRatingOnLoanExposure

0.034

CY2023

cmtg

Weighted Average Risk Rating On Loan Exposure

WeightedAverageRiskRatingOnLoanExposure

0.033

cmtg

Non Accrual Loans Unpaid Principal Balance

NonAccrualLoansUnpaidPrincipalBalance

777882000

CY2024Q2

cmtg

Non Accrual Loan Carrying Value Gross

NonAccrualLoanCarryingValueGross

776393000

cmtg

Non Accrual Loans Specific Cecl Reserve

NonAccrualLoansSpecificCeclReserve

78277000

CY2024Q2

cmtg

Non Accrual Loans Net

NonAccrualLoansNet

698116000

CY2024Q2

cmtg

Loan Receivable Percent Non Accrual

LoanReceivablePercentNonAccrual

0.102

CY2024Q2

cmtg

Loan Receivable Number Of Additional Loans

LoanReceivableNumberOfAdditionalLoans

5

CY2024Q2

cmtg

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

LoanReceivableNonAccrualCarryingValueRemainOnAccrualStatusMaturityDefault

600700000

CY2024Q2

cmtg

Accrual Delinquent Loan Carrying Value

AccrualDelinquentLoanCarryingValue

479400000

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

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 and six months ended June 30, 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;"> <td style="white-space:pre-wrap;vertical-align:top;">Provision (reversal)</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;">44,588</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;">(1,628</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;">(1,485</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;">(3,113</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;">41,475</td> <td style="white-space:nowrap;vertical-align:bottom;"> </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:bottom;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:center;">(66,935</td> <td style="white-space:nowrap;vertical-align:bottom;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:bottom;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:center;">-</td> <td style="white-space:nowrap;vertical-align:bottom;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:bottom;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:center;">-</td> <td style="white-space:nowrap;vertical-align:bottom;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:bottom;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:center;">-</td> <td style="white-space:nowrap;vertical-align:bottom;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:bottom;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:center;">(66,935</td> <td style="white-space:nowrap;vertical-align:bottom;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, June 30, 2023</td> <td style="white-space:pre-wrap;vertical-align:bottom;"> </td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #000000;text-align:center;">37,953</td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #ffffff03;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #000000;text-align:center;">65,698</td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #ffffff03;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #000000;text-align:center;">14,012</td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #ffffff03;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #000000;text-align:center;">79,710</td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #ffffff03;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #000000;text-align:center;">117,663</td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #ffffff03;"> </td> </tr> <tr style="height:9pt;word-break:break-word;white-space:pre-wrap;"> <td style="background-color:#cff0fc;vertical-align:top;"> </td> <td style="background-color:#ffffff;vertical-align:top;"> </td> <td colspan="2" style="background-color:#cff0fc;vertical-align:bottom;text-align:center;"> </td> <td style="background-color:#cff0fc;vertical-align:bottom;text-align:center;"> </td> <td style="background-color:#cff0fc;vertical-align:bottom;text-align:center;"> </td> <td colspan="2" style="background-color:#cff0fc;vertical-align:bottom;text-align:center;"> </td> <td style="background-color:#cff0fc;vertical-align:bottom;text-align:center;"> </td> <td style="background-color:#cff0fc;vertical-align:bottom;text-align:center;"> </td> <td colspan="2" style="background-color:#cff0fc;vertical-align:bottom;text-align:center;"> </td> <td style="background-color:#cff0fc;vertical-align:bottom;text-align:center;"> </td> <td style="background-color:#cff0fc;vertical-align:bottom;text-align:center;"> </td> <td colspan="2" style="background-color:#cff0fc;vertical-align:bottom;text-align:center;"> </td> <td style="background-color:#cff0fc;vertical-align:bottom;text-align:center;"> </td> <td style="background-color:#cff0fc;vertical-align:bottom;text-align:center;"> </td> <td colspan="2" style="background-color:#cff0fc;vertical-align:bottom;text-align:center;"> </td> <td style="background-color:#cff0fc;vertical-align:bottom;text-align:center;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;">Total reserve, December 31, 2023</td> <td style="white-space:pre-wrap;vertical-align:bottom;"> </td> <td style="white-space:nowrap;vertical-align:bottom;">$</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:#cff0fc;word-break:break-word;"> <td style="white-space:pre-wrap;vertical-align:top;">Provision (reversal)</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:#ffffff;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:#cff0fc;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:#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:bottom;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;text-align:center;">1,232</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;">31,750</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;">946</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;">32,696</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;">33,928</td> <td style="white-space:nowrap;vertical-align:bottom;"> </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:bottom;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:center;">(561</td> <td style="white-space:nowrap;vertical-align:bottom;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:bottom;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:center;">-</td> <td style="white-space:nowrap;vertical-align:bottom;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:bottom;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:center;">-</td> <td style="white-space:nowrap;vertical-align:bottom;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:bottom;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:center;">-</td> <td style="white-space:nowrap;vertical-align:bottom;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:bottom;border-bottom:0.5pt solid #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid #000000;text-align:center;">(561</td> <td style="white-space:nowrap;vertical-align:bottom;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, June 30, 2024</td> <td style="white-space:pre-wrap;vertical-align:bottom;"> </td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #000000;text-align:center;">78,277</td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #ffffff03;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #000000;text-align:center;">125,479</td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #ffffff03;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #000000;text-align:center;">9,989</td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #ffffff03;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #000000;text-align:center;">135,468</td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #ffffff03;"> </td> <td style="white-space:pre-wrap;vertical-align:top;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:bottom;border-bottom:2.25pt double #000000;text-align:center;">213,745</td> <td style="white-space:nowrap;vertical-align:bottom;border-bottom:2.25pt double #ffffff03;"> </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 June 30, 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;">2.0</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;">3.1</td> <td style="white-space:nowrap;vertical-align:bottom;">%</td> </tr> </table><div class="item-list-element-wrapper" 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 class="item-list-element-wrapper" 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 June 30, 2024.</div></div>

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

103900000

cmtg

Increase In Loans Receivable Specific Cecl Reserve

IncreaseInLoansReceivableSpecificCeclReserve

55400000

CY2024Q2

cmtg

Loans Receivable Reversal Of General Cecl Reserve

LoansReceivableReversalOfGeneralCeclReserve

48500000

CY2024Q2

cmtg

Loans Receivable Provision For Current Expected Credit Losses

LoansReceivableProvisionForCurrentExpectedCreditLosses

213700000

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

38200000

cmtg

Increase In Loans Receivable Specific Cecl Reserve

IncreaseInLoansReceivableSpecificCeclReserve

44600000

CY2023Q2

cmtg

Loans Receivable Reversal Of General Cecl Reserve

LoansReceivableReversalOfGeneralCeclReserve

6400000

CY2023Q2

cmtg

Loans Receivable Provision For Current Expected Credit Losses

LoansReceivableProvisionForCurrentExpectedCreditLosses

117700000

CY2024Q2

cmtg

Loans Receivable Number Of Contract

LoansReceivableNumberOfContract

62

CY2024Q2

cmtg

Amortized Cost Basis

AmortizedCostBasis

6834996000

CY2024Q2

cmtg

Loan Receivable Originated In Current Fiscal Year

LoanReceivableOriginatedInCurrentFiscalYear

101093000

CY2024Q2

cmtg

Loan Receivable Originated In Fiscal Year Before Latest Fiscal Year

LoanReceivableOriginatedInFiscalYearBeforeLatestFiscalYear

2561493000

CY2024Q2

cmtg

Loan Receivable Originated Two Years Before Latest Fiscal Year

LoanReceivableOriginatedTwoYearsBeforeLatestFiscalYear

1721607000

CY2024Q2

cmtg

Loan Receivable Originated Three Years Before Latest Fiscal Year

LoanReceivableOriginatedThreeYearsBeforeLatestFiscalYear

179050000

CY2024Q2

cmtg

Loan Receivable Originated Four Years Before Latest Fiscal Year

LoanReceivableOriginatedFourYearsBeforeLatestFiscalYear

1545432000

CY2024Q2

cmtg

Loan Receivable Originated Five Or More Years Before Latest Fiscal Year

LoanReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear

726321000

CY2024Q2

cmtg

Loan Receivable Originated Two Years Write Offs Before Latest Fiscal Year

LoanReceivableOriginatedTwoYearsWriteOffsBeforeLatestFiscalYear

42827000

cmtg

Loans Receivable Specific Cecl Reserve

LoansReceivableSpecificCECLReserve

78300000

CY2024Q2

us-gaap

Foreclosed Assets

ForeclosedAssets

547580000

CY2023Q4

us-gaap

Foreclosed Assets

ForeclosedAssets

546999000

CY2024Q2

us-gaap

Real Estate Owned Accumulated Depreciation

RealEstateOwnedAccumulatedDepreciation

28861000

CY2023Q4

us-gaap

Real Estate Owned Accumulated Depreciation

RealEstateOwnedAccumulatedDepreciation

24040000

CY2024Q2

us-gaap

Real Estate Acquired Through Foreclosure

RealEstateAcquiredThroughForeclosure

518719000

CY2023Q4

us-gaap

Real Estate Acquired Through Foreclosure

RealEstateAcquiredThroughForeclosure

522959000

CY2024Q2

us-gaap

Depreciation

2400000

CY2023Q2

us-gaap

Depreciation

2100000

us-gaap

Depreciation

4800000

us-gaap

Depreciation

4200000

us-gaap

Impairment Of Real Estate

ImpairmentOfRealEstate

0

CY2024Q2

cmtg

Real Estate Owned Operating Revenue

RealEstateOwnedOperatingRevenue

22581000

CY2023Q2

cmtg

Real Estate Owned Operating Revenue

RealEstateOwnedOperatingRevenue

19866000

cmtg

Real Estate Owned Operating Revenue

RealEstateOwnedOperatingRevenue

36492000

cmtg

Real Estate Owned Operating Revenue

RealEstateOwnedOperatingRevenue

30829000

CY2024Q2

us-gaap

Operating Costs And Expenses

OperatingCostsAndExpenses

13859000

CY2023Q2

us-gaap

Operating Costs And Expenses

OperatingCostsAndExpenses

11269000

us-gaap

Operating Costs And Expenses

OperatingCostsAndExpenses

26739000

us-gaap

Operating Costs And Expenses

OperatingCostsAndExpenses

21268000

CY2024Q2

us-gaap

Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year

LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear

4156000

CY2024Q2

us-gaap

Lessor Operating Lease Payments To Be Received Next Twelve Months

LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths

8383000

CY2024Q2

us-gaap

Lessor Operating Lease Payments To Be Received Two Years

LessorOperatingLeasePaymentsToBeReceivedTwoYears

8415000

CY2024Q2

us-gaap

Lessor Operating Lease Payments To Be Received Three Years

LessorOperatingLeasePaymentsToBeReceivedThreeYears

8432000

CY2024Q2

us-gaap

Lessor Operating Lease Payments To Be Received Four Years

LessorOperatingLeasePaymentsToBeReceivedFourYears

8323000

CY2024Q2

us-gaap

Lessor Operating Lease Payments To Be Received Thereafter

LessorOperatingLeasePaymentsToBeReceivedThereafter

27462000

CY2024Q2

us-gaap

Lessor Operating Lease Payments To Be Received

LessorOperatingLeasePaymentsToBeReceived

65171000

CY2024Q2

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

CY2024Q2

cmtg

In Place Above Market And Other Lease Intangibles Accumulated Amortization

InPlaceAboveMarketAndOtherLeaseIntangiblesAccumulatedAmortization

2592000

CY2023Q4

cmtg

In Place Above Market And Other Lease Intangibles Accumulated Amortization

InPlaceAboveMarketAndOtherLeaseIntangiblesAccumulatedAmortization

1296000

CY2024Q2

cmtg

In Place Above Market And Other Lease Values Net

InPlaceAboveMarketAndOtherLeaseValuesNet

21697000

CY2023Q4

cmtg

In Place Above Market And Other Lease Values Net

InPlaceAboveMarketAndOtherLeaseValuesNet

22993000

CY2024Q2

us-gaap

Below Market Lease Gross

BelowMarketLeaseGross

4209000

CY2023Q4

us-gaap

Below Market Lease Gross

BelowMarketLeaseGross

4209000

CY2024Q2

us-gaap

Below Market Lease Accumulated Amortization

BelowMarketLeaseAccumulatedAmortization

377000

CY2023Q4

us-gaap

Below Market Lease Accumulated Amortization

BelowMarketLeaseAccumulatedAmortization

188000

CY2024Q2

us-gaap

Below Market Lease Net

BelowMarketLeaseNet

3832000

CY2023Q4

us-gaap

Below Market Lease Net

BelowMarketLeaseNet

4021000

CY2024Q2

cmtg

Amortization Of In Place And Other Lease

AmortizationOfInPlaceAndOtherLease

200000

cmtg

Amortization Of In Place And Other Lease

AmortizationOfInPlaceAndOtherLease

400000

CY2024Q2

cmtg

Amortization Of Above Market Lease

AmortizationOfAboveMarketLease

400000

cmtg

Amortization Of Above Market Lease

AmortizationOfAboveMarketLease

900000

CY2024Q2

cmtg

Amortization Of Below Market Leases

AmortizationOfBelowMarketLeases

100000

cmtg

Amortization Of Below Market Leases

AmortizationOfBelowMarketLeases

200000

CY2024Q2

cmtg

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

InPlaceAndOtherLeaseValuesAmortizationIncomeRemainderOfFiscalYear

401000

CY2024Q2

cmtg

Above Market Lease Amortization Income Remainder Of Fiscal Year

AboveMarketLeaseAmortizationIncomeRemainderOfFiscalYear

-895000

CY2024Q2

us-gaap

Below Market Lease Amortization Income Remainder Of Fiscal Year

BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear

188000

CY2024Q2

cmtg

In Place And Other Lease Values Amortization Income Next Twelve Months

InPlaceAndOtherLeaseValuesAmortizationIncomeNextTwelveMonths

802000

CY2024Q2

cmtg

Above Market Lease Amortization Income Next Twelve Months

AboveMarketLeaseAmortizationIncomeNextTwelveMonths

-1791000

CY2024Q2

us-gaap

Below Market Lease Amortization Income Next Twelve Months

BelowMarketLeaseAmortizationIncomeNextTwelveMonths

377000

CY2024Q2

cmtg

In Place And Other Lease Values Amortization Income Year Two

InPlaceAndOtherLeaseValuesAmortizationIncomeYearTwo

802000

CY2024Q2

cmtg

Above Market Lease Amortization Income Year Two

AboveMarketLeaseAmortizationIncomeYearTwo

-1791000

CY2024Q2

us-gaap

Below Market Lease Amortization Income Year Two

BelowMarketLeaseAmortizationIncomeYearTwo

377000

CY2024Q2

cmtg

In Place And Other Lease Values Amortization Income Year Three

InPlaceAndOtherLeaseValuesAmortizationIncomeYearThree

802000

CY2024Q2

cmtg

Above Market Lease Amortization Income Year Three

AboveMarketLeaseAmortizationIncomeYearThree

-1791000

CY2024Q2

us-gaap

Below Market Lease Amortization Income Year Three

BelowMarketLeaseAmortizationIncomeYearThree

377000

CY2024Q2

cmtg

In Place And Other Lease Values Amortization Income Year Four

InPlaceAndOtherLeaseValuesAmortizationIncomeYearFour

769000

CY2024Q2

cmtg

Above Market Lease Amortization Income Year Four

AboveMarketLeaseAmortizationIncomeYearFour

-1771000

CY2024Q2

us-gaap

Below Market Lease Amortization Income Year Four

BelowMarketLeaseAmortizationIncomeYearFour

377000

CY2024Q2

cmtg

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

InPlaceAndOtherLeaseValuesAmortizationIncomeYearAfterYearFour

2025000

CY2024Q2

cmtg

Above Market Lease Amortization Income After Year Four

AboveMarketLeaseAmortizationIncomeAfterYearFour

-8057000

CY2024Q2

cmtg

Below Market Lease Amortization Income After Year Four

BelowMarketLeaseAmortizationIncomeAfterYearFour

2136000

CY2024Q2

cmtg

In Place Other Lease Value Five Year Total

InPlaceOtherLeaseValueFiveYearTotal

5601000

CY2024Q2

cmtg

Above Market Lease Value Five Year Total

AboveMarketLeaseValueFiveYearTotal

-16096000

CY2024Q2

cmtg

Below Market Lease Value Five Year Total

BelowMarketLeaseValueFiveYearTotal

3832000

cmtg

Weighted Average Amortization Period For In Place And Other Lease Intangibles

WeightedAverageAmortizationPeriodForInPlaceAndOtherLeaseIntangibles

P8Y10M24D

cmtg

Weighted Average Amortization Period For Above Market Lease

WeightedAverageAmortizationPeriodForAboveMarketLease

P10Y6M

cmtg

Weighted Average Amortization Period For Below Market Lease

WeightedAverageAmortizationPeriodForBelowMarketLease

P11Y3M18D

CY2024Q2

cmtg

Debt Obligation Capacity

DebtObligationCapacity

7087945000

CY2024Q2

us-gaap

Long Term Debt

LongTermDebt

5340186000

CY2024Q2

cmtg

Debt Obligation Weighted Average Spread

DebtObligationWeightedAverageSpread

0.0301

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

us-gaap

Schedule Of Repurchase Agreements

ScheduleOfRepurchaseAgreements

The following table summarizes our repurchase agreements by lender as of June 30, 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%;"></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;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">2,411,713</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;"> </td> <td style="white-space:nowrap;vertical-align:middle;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">2,268,143</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;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">143,570</td> <td style="white-space:nowrap;vertical-align:middle;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;text-align:center;">3,284,536</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;">549,169</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;">450,831</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;">798,327</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</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;">143,215</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;">356,785</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;">187,802</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;">-</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;">500,000</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;">-</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;">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;">660,167</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;">89,833</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;">895,896</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:0.5pt solid #000000;"> </td> </tr> <tr style="height:9pt;background-color:#ffffff;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;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">5,161,713</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #ffffff03;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">3,620,694</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;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">1,541,019</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #ffffff03;text-align:center;"> </td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;">$</td> <td style="white-space:pre-wrap;vertical-align:middle;border-bottom:2.25pt double #000000;text-align:center;">5,166,561</td> <td style="white-space:nowrap;vertical-align:middle;border-bottom:2.25pt double #000000;"> </td> </tr> </table> <div class="item-list-element-wrapper" 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 class="item-list-element-wrapper" 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>The Deutsche Bank AG, New York Branch repurchase agreement reached its maturity in June 2024, upon which the facility was terminated.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 class="item-list-element-wrapper" 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 class="item-list-element-wrapper" 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 class="item-list-element-wrapper" 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>

CY2024Q2

cmtg

Debt Instrument Loan Participations Sold Borrowing Outstanding

DebtInstrumentLoanParticipationsSoldBorrowingOutstanding

100634000

CY2024Q2

us-gaap

Debt Instrument Carrying Amount

DebtInstrumentCarryingAmount

100759000

CY2024Q2

us-gaap

Debt Instrument Collateral Amount

DebtInstrumentCollateralAmount

183992000

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

CY2024Q2

cmtg

Debt Instrument Borrowing Outstanding

DebtInstrumentBorrowingOutstanding

247027000

CY2024Q2

cmtg

Note Payable Carrying Value

NotePayableCarryingValue

244018000

CY2024Q2

cmtg

Collateral Carrying Value

CollateralCarryingValue

396828000

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

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

CY2024Q2

cmtg

Interest Expense On Secured Financing

InterestExpenseOnSecuredFinancing

90357000

CY2023Q2

cmtg

Interest Expense On Secured Financing

InterestExpenseOnSecuredFinancing

95860000

cmtg

Interest Expense On Secured Financing

InterestExpenseOnSecuredFinancing

183173000

cmtg

Interest Expense On Secured Financing

InterestExpenseOnSecuredFinancing

178810000

CY2024Q2

cmtg

Interest Expense On Secured Term Loan

InterestExpenseOnSecuredTermLoan

18174000

CY2023Q2

cmtg

Interest Expense On Secured Term Loan

InterestExpenseOnSecuredTermLoan

17942000

cmtg

Interest Expense On Secured Term Loan

InterestExpenseOnSecuredTermLoan

36419000

cmtg

Interest Expense On Secured Term Loan

InterestExpenseOnSecuredTermLoan

35183000

CY2024Q2

cmtg

Amortization Of Financing Costs Excluding Amortization Of Fees

AmortizationOfFinancingCostsExcludingAmortizationOfFees

4694000

CY2023Q2

cmtg

Amortization Of Financing Costs Excluding Amortization Of Fees

AmortizationOfFinancingCostsExcludingAmortizationOfFees

5874000

cmtg

Amortization Of Financing Costs Excluding Amortization Of Fees

AmortizationOfFinancingCostsExcludingAmortizationOfFees

9564000

cmtg

Amortization Of Financing Costs Excluding Amortization Of Fees

AmortizationOfFinancingCostsExcludingAmortizationOfFees

11710000

CY2024Q2

us-gaap

Interest Expense

InterestExpense

113225000

CY2023Q2

us-gaap

Interest Expense

InterestExpense

119676000

us-gaap

Interest Expense

InterestExpense

229156000

us-gaap

Interest Expense

InterestExpense

225703000

CY2024Q2

cmtg

Interest Expense On Debt Related To Real Estate Owned

InterestExpenseOnDebtRelatedToRealEstateOwned

6869000

CY2023Q2

cmtg

Interest Expense On Debt Related To Real Estate Owned

InterestExpenseOnDebtRelatedToRealEstateOwned

5865000

cmtg

Interest Expense On Debt Related To Real Estate Owned

InterestExpenseOnDebtRelatedToRealEstateOwned

13198000

cmtg

Interest Expense On Debt Related To Real Estate Owned

InterestExpenseOnDebtRelatedToRealEstateOwned

11309000

CY2024Q2

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

120094000

CY2023Q2

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

125541000

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

242354000

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

237012000

CY2024Q2

cmtg

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

AmortizationOfFinancingCostsIncludedInInterestExpenseOnDebtRelatedToRealEstateOwned

1100000

CY2023Q2

cmtg

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

AmortizationOfFinancingCostsIncludedInInterestExpenseOnDebtRelatedToRealEstateOwned

132000

cmtg

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

AmortizationOfFinancingCostsIncludedInInterestExpenseOnDebtRelatedToRealEstateOwned

1500000

cmtg

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

AmortizationOfFinancingCostsIncludedInInterestExpenseOnDebtRelatedToRealEstateOwned

263000

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 to interest charges (“Interest Coverage Ratio”), as defined in our repurchase agreements, term participation facility, and short-term funding facility, shall not be less than 1.3 to 1.0, whereas our ratio of earnings before interest, taxes, depreciation, and amortization to interest charges as defined in our secured term loan shall not be less than 1.5 to 1.0. Further, (i) our tangible net worth, as defined in the agreements, shall not be less than $1.91 billion as of each measurement date; (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 June 30, 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. Further, we have modified the Interest Coverage Ratio in our repurchase agreements and term participation facility to provide that for the quarters ended June 30, 2024 through September 30, 2025, our Interest Coverage Ratio shall not be less than 1.1 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 continue to work with our counterparties on modifying financial covenants as needed.

cmtg

Percentage Of Recourse Indebtedness

PercentageOfRecourseIndebtedness

0.05

cmtg

Percentage Of Aggregate Assets As Indebtedness

PercentageOfAggregateAssetsAsIndebtedness

0.778

CY2024Q2

us-gaap

Receivables Fair Value Disclosure

ReceivablesFairValueDisclosure

6709517000

CY2024Q2

us-gaap

Secured Debt Repurchase Agreements

SecuredDebtRepurchaseAgreements

3620694000

CY2024Q2

cmtg

Term Participation Facility

TermParticipationFacility

370193000

CY2024Q2

us-gaap

Participating Mortgage Loans Participation Liabilities Amount

ParticipatingMortgageLoansParticipationLiabilitiesAmount

100759000

CY2024Q2

us-gaap

Notes Payable

NotesPayable

244018000

CY2024Q2

us-gaap

Secured Long Term Debt

SecuredLongTermDebt

711177000

CY2024Q2

cmtg

Debt Related To Real Estate Owned Net

DebtRelatedToRealEstateOwnedNet

278600000

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

CY2024Q2

us-gaap

Dividends Payable Date Of Record Day Month And Year

DividendsPayableDateOfRecordDayMonthAndYear

2024-06-28

CY2024Q1

us-gaap

Dividend Payable Date To Be Paid Day Month And Year

DividendPayableDateToBePaidDayMonthAndYear

2024-04-15

CY2024Q2

us-gaap

Dividend Payable Date To Be Paid Day Month And Year

DividendPayableDateToBePaidDayMonthAndYear

2024-07-15

CY2023Q1

us-gaap

Dividends Payable Date Of Record Day Month And Year

DividendsPayableDateOfRecordDayMonthAndYear

2023-03-31

CY2023Q2

us-gaap

Dividends Payable Date Of Record Day Month And Year

DividendsPayableDateOfRecordDayMonthAndYear

2023-06-30

CY2023Q1

us-gaap

Dividend Payable Date To Be Paid Day Month And Year

DividendPayableDateToBePaidDayMonthAndYear

2023-04-14

CY2023Q2

us-gaap

Dividend Payable Date To Be Paid Day Month And Year

DividendPayableDateToBePaidDayMonthAndYear

2023-07-14

us-gaap

Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount

AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount

0

us-gaap

Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount

AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount

0

CY2024Q2

us-gaap

Net Income Loss Available To Common Stockholders Basic

NetIncomeLossAvailableToCommonStockholdersBasic

-11554000

CY2023Q2

us-gaap

Net Income Loss Available To Common Stockholders Basic

NetIncomeLossAvailableToCommonStockholdersBasic

4253000

us-gaap

Net Income Loss Available To Common Stockholders Basic

NetIncomeLossAvailableToCommonStockholdersBasic

-64349000

us-gaap

Net Income Loss Available To Common Stockholders Basic

NetIncomeLossAvailableToCommonStockholdersBasic

40931000

CY2024Q2

cmtg

Dividends On Participating Securities

DividendsOnParticipatingSecurities

780000

CY2023Q2

cmtg

Dividends On Participating Securities

DividendsOnParticipatingSecurities

1217000

cmtg

Dividends On Participating Securities

DividendsOnParticipatingSecurities

1704000

cmtg

Dividends On Participating Securities

DividendsOnParticipatingSecurities

2418000

CY2024Q2

cmtg

Basic Earnings Loss Available To Common Shareholders

BasicEarningsLossAvailableToCommonShareholders

-12334000

CY2023Q2

cmtg

Basic Earnings Loss Available To Common Shareholders

BasicEarningsLossAvailableToCommonShareholders

3036000

cmtg

Basic Earnings Loss Available To Common Shareholders

BasicEarningsLossAvailableToCommonShareholders

-66053000

cmtg

Basic Earnings Loss Available To Common Shareholders

BasicEarningsLossAvailableToCommonShareholders

38513000

CY2024Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

139078117

CY2024Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

139078117

CY2023Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

138399446

CY2023Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

138399446

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

138934615

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

138934615

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

138392666

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

138392666

CY2024Q2

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

-0.09

CY2024Q2

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

-0.09

CY2023Q2

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

0.02

CY2023Q2

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

0.02

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

-0.48

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

-0.48

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

0.28

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

0.28

CY2024Q2

cmtg

Dividends On Fully Vested Restricted Stock Units

DividendsOnFullyVestedRestrictedStockUnits

22000000

CY2023Q2

cmtg

Dividends On Fully Vested Restricted Stock Units

DividendsOnFullyVestedRestrictedStockUnits

4000000

cmtg

Dividends On Fully Vested Restricted Stock Units

DividendsOnFullyVestedRestrictedStockUnits

33000000

cmtg

Dividends On Fully Vested Restricted Stock Units

DividendsOnFullyVestedRestrictedStockUnits

8000000

CY2024Q2

us-gaap

Management Fee Expense

ManagementFeeExpense

9011000

CY2023Q2

us-gaap

Management Fee Expense

ManagementFeeExpense

9641000

us-gaap

Management Fee Expense

ManagementFeeExpense

18221000

us-gaap

Management Fee Expense

ManagementFeeExpense

19297000

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

1558000

CY2024Q2

cmtg

Related Party Transaction Management And Incentive Fees

RelatedPartyTransactionManagementAndIncentiveFees

9011000

CY2023Q2

cmtg

Related Party Transaction Management And Incentive Fees

RelatedPartyTransactionManagementAndIncentiveFees

9641000

cmtg

Related Party Transaction Management And Incentive Fees

RelatedPartyTransactionManagementAndIncentiveFees

18221000

cmtg

Related Party Transaction Management And Incentive Fees

RelatedPartyTransactionManagementAndIncentiveFees

20855000

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 $9.0 million and $9.3 million were accrued and were included in management fee payable – affiliate, on our consolidated balance sheets at June 30, 2024 and December 31, 2023, respectively.

cmtg

Annual Base Management Fee Percentage

AnnualBaseManagementFeePercentage

0.015

CY2024Q2

us-gaap

Management Fee Payable

ManagementFeePayable

9000000.0

CY2023Q4

us-gaap

Management Fee Payable

ManagementFeePayable

9300000

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.

cmtg

Incentive Fee Rate

IncentiveFeeRate

0.20

cmtg

Minimum Percentage Of Incentive Fee To Be Paid In Share

MinimumPercentageOfIncentiveFeeToBePaidInShare

0.0700

CY2024Q2

us-gaap

Incentive Fee Payable

IncentiveFeePayable

0

CY2023Q4

us-gaap

Incentive Fee Payable

IncentiveFeePayable

0

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.

CY2024Q2

us-gaap

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

EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized

29200000

us-gaap

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

EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1

P1Y8M12D

CY2024Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

26700000

CY2023Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

21700000

CY2024Q2

us-gaap

Unrecognized Tax Benefits

UnrecognizedTaxBenefits

0

CY2023Q4

us-gaap

Unrecognized Tax Benefits

UnrecognizedTaxBenefits

0

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

CY2024Q2

cmtg

Unfunded Loan Commitment Loan Portfolio

UnfundedLoanCommitmentLoanPortfolio

749000000

CY2023Q4

cmtg

Unfunded Loan Commitment Loan Portfolio

UnfundedLoanCommitmentLoanPortfolio

1100000000

CY2024Q2

cmtg

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

LongTermDebtInitialMaturitiesRepaymentsOfPrincipalInNextTwelveMonths

2191071000

CY2024Q2

us-gaap

Long Term Debt Maturities Repayments Of Principal In Next Twelve Months

LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths

934237000

CY2024Q2

cmtg

Long Term Debt Initial Maturities Repayments Of Principal In Year Two

LongTermDebtInitialMaturitiesRepaymentsOfPrincipalInYearTwo

1692395000

CY2024Q2

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Two

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo

994971000

CY2024Q2

cmtg

Long Term Debt Initial Maturities Repayments Of Principal In Year Three

LongTermDebtInitialMaturitiesRepaymentsOfPrincipalInYearThree

1456720000

CY2024Q2

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Three

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree

1619057000

CY2024Q2

cmtg

Long Term Debt Initial Maturities Repayments Of Principal In Year Four

LongTermDebtInitialMaturitiesRepaymentsOfPrincipalInYearFour

0

CY2024Q2

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Four

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour

1417465000

CY2024Q2

cmtg

Long Term Debt Initial Maturities Repayments Of Principal In Year Five

LongTermDebtInitialMaturitiesRepaymentsOfPrincipalInYearFive

0

CY2024Q2

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Five

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive

374456000

CY2024Q2

cmtg

Long Term Debt Initial Maturity

LongTermDebtInitialMaturity

5340186000

CY2024Q2

us-gaap

Long Term Debt

LongTermDebt

5340186000

CY2024Q2

ecd

Non Rule10b51 Arr Adopted Flag

NonRule10b51ArrAdoptedFlag

false

CY2024Q2

ecd

Rule10b51 Arr Adopted Flag

Rule10b51ArrAdoptedFlag

false

CY2024Q2

ecd

Rule10b51 Arr Trmntd Flag

Rule10b51ArrTrmntdFlag

false

CY2024Q2

ecd

Non Rule10b51 Arr Trmntd Flag

NonRule10b51ArrTrmntdFlag

false

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$CMTG
Claros Mortgage Trust, Inc. Stock $cmtg

2024 Q3 Form 10-Q Financial Statement

#000095017024090737 Filed on August 05, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CMTG Claros Mortgage Trust, Inc. Stock $cmtg

2024 Q3 Form 10-Q Financial Statement

#000095017024090737 Filed on August 05, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CMTG
Claros Mortgage Trust, Inc. Stock $cmtg