$ladr 2017 Q2 10-Q

Concept	2017 Q2	2016 Q2
Revenue	$65.97M	$55.77M
YoY Change	18.3%	-5.86%
Cost Of Revenue	$35.70M	$28.40M
YoY Change	25.7%	3.27%
Gross Profit	$77.80M	$39.40M
YoY Change	97.46%	-66.61%
Gross Profit Margin	117.93%	70.65%
Selling, General & Admin	$24.20M	$23.20M
YoY Change	4.31%	-14.07%
% of Gross Profit	31.11%	58.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$10.13M	$9.254M
YoY Change	9.41%	-7.03%
% of Gross Profit	13.01%	23.49%
Operating Expenses	$5.829M	$4.713M
YoY Change	23.68%	-30.01%
Operating Profit	$71.97M	$34.69M
YoY Change	107.49%	-68.83%
Interest Expense	$35.66M	$28.40M
YoY Change	25.56%	3.33%
% of Operating Profit	49.55%	81.88%
Other Income/Expense, Net	$47.48M	$11.84M
YoY Change	301.14%	-86.31%
Pretax Income	$37.66M	$1.644M
YoY Change	2191.0%	-97.77%
Income Tax	$6.606M	-$2.301M
% Of Pretax Income	17.54%	-139.96%
Net Earnings	$31.06M	$3.945M
YoY Change	687.28%	-94.26%
Net Earnings / Revenue	47.08%	7.07%
Basic Earnings Per Share	$0.28	$0.05
Diluted Earnings Per Share	$0.26	$0.05
COMMON SHARES
Basic Shares Outstanding	80.11M shares	61.17M shares
Diluted Shares Outstanding	110.1M shares	61.98M shares

Concept	2017 Q2	2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$58.20M	$81.40M
YoY Change	-28.5%	-20.89%
Cash & Equivalents	$58.23M	$81.42M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$111.1M	$108.2M
YoY Change	2.68%	-12.39%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.006B	$808.8M
YoY Change	24.42%	1.44%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$34.52M	$33.78M
YoY Change	2.2%	1028.94%
Other Assets	$97.30M
YoY Change
Total Long-Term Assets	$6.107B	$5.879B
YoY Change	3.88%	5.08%
TOTAL ASSETS
Total Short-Term Assets	$111.1M	$108.2M
Total Long-Term Assets	$6.107B	$5.879B
Total Assets	$6.218B	$5.987B
YoY Change	3.85%	4.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.400M	$1.900M
YoY Change	26.32%	46.15%
Accrued Expenses	$54.20M	$48.00M
YoY Change	12.92%	-20.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$57.90M	$52.40M
YoY Change	10.5%	-15.76%
LONG-TERM LIABILITIES
Long-Term Debt	$3.999B	$4.395B
YoY Change	-9.01%	7.49%
Other Long-Term Liabilities	$693.7M	$53.90M
YoY Change	1187.01%	-5.77%
Total Long-Term Liabilities	$4.693B	$4.449B
YoY Change	5.48%	7.31%
TOTAL LIABILITIES
Total Short-Term Liabilities	$57.90M	$52.40M
Total Long-Term Liabilities	$4.693B	$4.449B
Total Liabilities	$4.750B	$4.501B
YoY Change	5.54%	6.97%
SHAREHOLDERS EQUITY
Retained Earnings	-$54.87M	-$41.10M
YoY Change	33.49%	-166.93%
Common Stock	$1.200B	$871.4M
YoY Change	37.7%	17.88%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$24.50M	$11.24M
YoY Change	117.9%
Treasury Stock Shares	2.041M shares	1.095M shares
Shareholders Equity	$1.127B	$851.1M
YoY Change
Total Liabilities & Shareholders Equity	$6.218B	$5.987B
YoY Change	3.85%	4.7%

Concept	2017 Q2	2016 Q2
OPERATING ACTIVITIES
Net Income	$31.06M	$3.945M
YoY Change	687.28%	-94.26%
Depreciation, Depletion And Amortization	$10.13M	$9.254M
YoY Change	9.41%	-7.03%
Cash From Operating Activities	$202.0M	-$196.5M
YoY Change	-202.8%	16.41%
INVESTING ACTIVITIES
Capital Expenditures	-$178.1M	-$16.00M
YoY Change	1013.13%	-56.64%
Acquisitions
YoY Change
Other Investing Activities	-$79.60M	-$61.10M
YoY Change	30.28%	-115.27%
Cash From Investing Activities	-$257.7M	-$77.10M
YoY Change	234.24%	-121.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	94.20M	271.7M
YoY Change	-65.33%	-255.26%
NET CHANGE
Cash From Operating Activities	202.0M	-196.5M
Cash From Investing Activities	-257.7M	-77.10M
Cash From Financing Activities	94.20M	271.7M
Net Change In Cash	38.50M	-1.900M
YoY Change	-2126.32%	-109.74%
FREE CASH FLOW
Cash From Operating Activities	$202.0M	-$196.5M
Capital Expenditures	-$178.1M	-$16.00M
Free Cash Flow	$380.1M	-$180.5M
YoY Change	-310.58%	36.85%

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
	dei	Entity Central Index Key EntityCentralIndexKey	0001577670
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2017Q1	ladr	Deferred Compensation Arrangement Days Following The End Of The Participants Employment DeferredCompensationArrangementDaysFollowingTheEndOfTheParticipantsEmployment	P60D
CY2017Q1	ladr	Deferred Compensation Arrangement Stock Price Days Following The End Of The Participants Employment DeferredCompensationArrangementStockPriceDaysFollowingTheEndOfTheParticipantsEmployment	P45D
	ladr	Loans From Held For Sale Transferred To Portfolio Loans Remaining Maturity LoansFromHeldForSaleTransferredToPortfolioLoansRemainingMaturity	P3Y
CY2016Q4	ladr	Number Of Mortgage Loans Individually Impaired NumberOfMortgageLoansIndividuallyImpaired	0	loan
	us-gaap	Business Combination Separately Recognized Transactions Revenues And Gains Recognized BusinessCombinationSeparatelyRecognizedTransactionsRevenuesAndGainsRecognized	1900000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms	P22M12D
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms	P24M0D
CY2016Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	1095048	shares
CY2017Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	2040591	shares
	dei	Document Type DocumentType	10-Q
	dei	Document Period End Date DocumentPeriodEndDate	2017-06-30
	dei	Entity Registrant Name EntityRegistrantName	Ladder Capital Corp
CY2017Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	58225000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	44615000	USD
CY2017Q2	us-gaap	Restricted Cash RestrictedCash	97260000	USD
CY2016Q4	us-gaap	Restricted Cash RestrictedCash	44813000	USD
CY2017Q2	ladr	Loans And Leases Receivable Mortgage Loans Held By Consolidated Subsidiaries LoansAndLeasesReceivableMortgageLoansHeldByConsolidatedSubsidiaries	2626732000	USD
CY2016Q4	ladr	Loans And Leases Receivable Mortgage Loans Held By Consolidated Subsidiaries LoansAndLeasesReceivableMortgageLoansHeldByConsolidatedSubsidiaries	2000095000	USD
CY2017Q2	ladr	Loans And Leases Receivable Mortgage Loans Transferred But Not Considered Sold LoansAndLeasesReceivableMortgageLoansTransferredButNotConsideredSold	599513000	USD
CY2016Q4	ladr	Loans And Leases Receivable Mortgage Loans Transferred But Not Considered Sold LoansAndLeasesReceivableMortgageLoansTransferredButNotConsideredSold	0	USD
CY2017Q2	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	4000000	USD
CY2016Q4	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	4000000	USD
CY2017Q2	ladr	Loans Receivable Held For Sale Net Not Part Of Disposal Group Or Discontinued Operation LoansReceivableHeldForSaleNetNotPartOfDisposalGroupOrDiscontinuedOperation	200726000	USD
CY2016Q4	ladr	Loans Receivable Held For Sale Net Not Part Of Disposal Group Or Discontinued Operation LoansReceivableHeldForSaleNetNotPartOfDisposalGroupOrDiscontinuedOperation	357882000	USD
CY2017Q2	us-gaap	Available For Sale Securities AvailableForSaleSecurities	1407545000	USD
CY2016Q4	us-gaap	Available For Sale Securities AvailableForSaleSecurities	2100947000	USD
CY2017Q2	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1006286000	USD
CY2016Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	822338000	USD
CY2017Q2	us-gaap	Equity Method Investments EquityMethodInvestments	34520000	USD
CY2016Q4	us-gaap	Equity Method Investments EquityMethodInvestments	34025000	USD
CY2017Q2	us-gaap	Federal Home Loan Bank Stock FederalHomeLoanBankStock	77915000	USD
CY2016Q4	us-gaap	Federal Home Loan Bank Stock FederalHomeLoanBankStock	77915000	USD
CY2017Q2	us-gaap	Derivative Assets DerivativeAssets	4554000	USD
CY2016Q4	us-gaap	Derivative Assets DerivativeAssets	5018000	USD
CY2017Q2	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	26443000	USD
CY2016Q4	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	10000	USD
CY2017Q2	us-gaap	Interest Receivable InterestReceivable	26486000	USD
CY2016Q4	us-gaap	Interest Receivable InterestReceivable	24439000	USD
CY2017Q2	us-gaap	Other Assets OtherAssets	55919000	USD
CY2016Q4	us-gaap	Other Assets OtherAssets	70240000	USD
CY2017Q2	us-gaap	Assets Assets	6218124000	USD
CY2016Q4	us-gaap	Assets Assets	5578337000	USD
CY2017Q2	ladr	Secured And Unsecured Debt Obligations SecuredAndUnsecuredDebtObligations	3998801000	USD
CY2016Q4	ladr	Secured And Unsecured Debt Obligations SecuredAndUnsecuredDebtObligations	3942138000	USD
CY2017Q2	ladr	Debt Obligations Liability For Transfers Not Considered Sales DebtObligationsLiabilityForTransfersNotConsideredSales	632130000	USD
CY2016Q4	ladr	Debt Obligations Liability For Transfers Not Considered Sales DebtObligationsLiabilityForTransfersNotConsideredSales	0	USD
CY2017Q2	us-gaap	Due To Correspondent Brokers DueToCorrespondentBrokers	1661000	USD
CY2016Q4	us-gaap	Due To Correspondent Brokers DueToCorrespondentBrokers	394000	USD
CY2017Q2	us-gaap	Derivative Liabilities DerivativeLiabilities	4276000	USD
CY2016Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	3446000	USD
CY2017Q2	ladr	Amount Due Pursuant To Tax Receivable Agreement AmountDuePursuantToTaxReceivableAgreement	2438000	USD
CY2016Q4	ladr	Amount Due Pursuant To Tax Receivable Agreement AmountDuePursuantToTaxReceivableAgreement	2520000	USD
CY2017Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	1308000	USD
CY2016Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	24682000	USD
CY2017Q2	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	54230000	USD
CY2016Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	66597000	USD
CY2017Q2	us-gaap	Other Liabilities OtherLiabilities	55604000	USD
CY2016Q4	us-gaap	Other Liabilities OtherLiabilities	29006000	USD
CY2017Q2	us-gaap	Liabilities Liabilities	4750448000	USD
CY2016Q4	us-gaap	Liabilities Liabilities	4068783000	USD
CY2017Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	USD
CY2016Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	USD
CY2017Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1199905000	USD
CY2016Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	992307000	USD
CY2017Q2	us-gaap	Treasury Stock Value TreasuryStockValue	24501000	USD
CY2016Q4	us-gaap	Treasury Stock Value TreasuryStockValue	11244000	USD
CY2017Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-54871000	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-11148000	USD
CY2017Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	6268000	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	1365000	USD
CY2017Q2	us-gaap	Stockholders Equity StockholdersEquity	1126913000	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	971390000	USD
CY2017Q2	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	330238000	USD
CY2016Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	533246000	USD
CY2017Q2	us-gaap	Minority Interest In Joint Ventures MinorityInterestInJointVentures	10525000	USD
CY2016Q4	us-gaap	Minority Interest In Joint Ventures MinorityInterestInJointVentures	4918000	USD
CY2017Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1467676000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1509554000	USD
CY2017Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6218124000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5578337000	USD
CY2017Q2	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	66136000	USD
CY2016Q2	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	55766000	USD
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	123647000	USD
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	115366000	USD
CY2017Q2	us-gaap	Interest Expense InterestExpense	35604000	USD
CY2016Q2	us-gaap	Interest Expense InterestExpense	28402000	USD
	us-gaap	Interest Expense InterestExpense	67019000	USD
	us-gaap	Interest Expense InterestExpense	57938000	USD
CY2017Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	30532000	USD
CY2016Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	27364000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	56628000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	57428000	USD
CY2017Q2	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	0	USD
CY2016Q2	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	150000	USD
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	0	USD
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	300000	USD
CY2017Q2	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	30532000	USD
CY2016Q2	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	27214000	USD
	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	56628000	USD
	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	57128000	USD
CY2017Q2	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	22187000	USD
CY2016Q2	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	19085000	USD
	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	41816000	USD
	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	38379000	USD
CY2017Q2	us-gaap	Tenant Reimbursements TenantReimbursements	1159000	USD
CY2016Q2	us-gaap	Tenant Reimbursements TenantReimbursements	1324000	USD
	us-gaap	Tenant Reimbursements TenantReimbursements	2739000	USD
	us-gaap	Tenant Reimbursements TenantReimbursements	2659000	USD
CY2017Q2	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	0	USD
CY2016Q2	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	2795000	USD
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	-999000	USD
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	10625000	USD
CY2017Q2	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	7132000	USD
CY2016Q2	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	2971000	USD
	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	12494000	USD
	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	2398000	USD
CY2017Q2	us-gaap	Unrealized Gain Loss On Securities UnrealizedGainLossOnSecurities	299000	USD
CY2016Q2	us-gaap	Unrealized Gain Loss On Securities UnrealizedGainLossOnSecurities	-584000	USD
	us-gaap	Unrealized Gain Loss On Securities UnrealizedGainLossOnSecurities	457000	USD
	us-gaap	Unrealized Gain Loss On Securities UnrealizedGainLossOnSecurities	76000	USD
CY2017Q2	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	2232000	USD
CY2016Q2	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	4873000	USD
	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	4563000	USD
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	26047000	USD
CY2017Q2	us-gaap	Operating Expenses OperatingExpenses	5829000	USD
CY2016Q2	us-gaap	Operating Expenses OperatingExpenses	4713000	USD
	us-gaap	Operating Expenses OperatingExpenses	11308000	USD
	us-gaap	Operating Expenses OperatingExpenses	11008000	USD
	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	10968000	USD
CY2017Q2	us-gaap	Fees And Commissions FeesAndCommissions	4574000	USD
CY2016Q2	us-gaap	Fees And Commissions FeesAndCommissions	6181000	USD
	us-gaap	Fees And Commissions FeesAndCommissions	9040000	USD
	us-gaap	Fees And Commissions FeesAndCommissions	9156000	USD
CY2017Q2	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	-16022000	USD
CY2016Q2	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	-24642000	USD
	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	-18003000	USD
	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	-75504000	USD
CY2017Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	10000	USD
CY2016Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-168000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-63000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	626000	USD
CY2017Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
CY2016Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-54000	USD
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	5382000	USD
CY2017Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	21571000	USD
CY2016Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	11835000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	51990000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	4765000	USD
CY2017Q2	us-gaap	Labor And Related Expense LaborAndRelatedExpense	14489000	USD
CY2016Q2	us-gaap	Labor And Related Expense LaborAndRelatedExpense	13432000	USD
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	30531000	USD
CY2017Q2	ladr	Real Estate Operating Expenses RealEstateOperatingExpenses	8056000	USD
CY2016Q2	ladr	Real Estate Operating Expenses RealEstateOperatingExpenses	9133000	USD
	ladr	Real Estate Operating Expenses RealEstateOperatingExpenses	15510000	USD
	ladr	Real Estate Operating Expenses RealEstateOperatingExpenses	14852000	USD
CY2017Q2	ladr	Fee Expenses FeeExpenses	1621000	USD
CY2016Q2	ladr	Fee Expenses FeeExpenses	873000	USD
	ladr	Fee Expenses FeeExpenses	2314000	USD
	ladr	Fee Expenses FeeExpenses	1603000	USD
CY2017Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10125000	USD
CY2016Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	9254000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	18717000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	19057000	USD
CY2017Q2	us-gaap	Costs And Expenses CostsAndExpenses	40120000	USD
CY2016Q2	us-gaap	Costs And Expenses CostsAndExpenses	37405000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	78380000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	72567000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable	-4765000	USD
CY2017Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.13
CY2016Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
CY2017Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	11983000	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1644000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	30238000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-10674000	USD
CY2017Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1449000	USD
CY2016Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-2301000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-2824000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-3174000	USD
CY2017Q2	us-gaap	Profit Loss ProfitLoss	13432000	USD
CY2016Q2	us-gaap	Profit Loss ProfitLoss	3945000	USD
	us-gaap	Profit Loss ProfitLoss	33062000	USD
	us-gaap	Profit Loss ProfitLoss	-7500000	USD
CY2017Q2	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	77000	USD
CY2016Q2	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	235000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	398000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	2000	USD
CY2017Q2	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable	2693000	USD
CY2016Q2	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable	908000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable	8531000	USD
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.32
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.05
CY2017Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.13
CY2016Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.05
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.31
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.05
CY2017Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	80108431	shares
CY2016Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	61170006	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	76510201	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	60383447	shares
CY2017Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	110055308	shares
CY2016Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	61976962	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	109693706	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	60383447	shares
CY2017Q2	us-gaap	Profit Loss ProfitLoss	13432000	USD
CY2016Q2	us-gaap	Profit Loss ProfitLoss	3945000	USD
	us-gaap	Profit Loss ProfitLoss	33062000	USD
	us-gaap	Profit Loss ProfitLoss	-7500000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	8911000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	19397000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	30439000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	64833000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax	7737000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax	2971000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax	13471000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax	2982000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	1174000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	27468000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	5926000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	61851000	USD
CY2017Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	14606000	USD
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	31413000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	38988000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	54351000	USD
CY2017Q2	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	77000	USD
CY2016Q2	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	235000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	398000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	2000	USD
CY2017Q2	ladr	Comprehensive Income Net Of Tax Including Noncontrolling Interest In Operating Partnership ComprehensiveIncomeNetOfTaxIncludingNoncontrollingInterestInOperatingPartnership	14529000	USD
CY2016Q2	ladr	Comprehensive Income Net Of Tax Including Noncontrolling Interest In Operating Partnership ComprehensiveIncomeNetOfTaxIncludingNoncontrollingInterestInOperatingPartnership	31178000	USD
	ladr	Comprehensive Income Net Of Tax Including Noncontrolling Interest In Operating Partnership ComprehensiveIncomeNetOfTaxIncludingNoncontrollingInterestInOperatingPartnership	38590000	USD
	ladr	Comprehensive Income Net Of Tax Including Noncontrolling Interest In Operating Partnership ComprehensiveIncomeNetOfTaxIncludingNoncontrollingInterestInOperatingPartnership	54349000	USD
CY2017Q2	ladr	Noncontrolling Interest In Comprehensive Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInComprehensiveIncomeLossOperatingPartnershipsNonredeemable	3401000	USD
CY2016Q2	ladr	Noncontrolling Interest In Comprehensive Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInComprehensiveIncomeLossOperatingPartnershipsNonredeemable	12547000	USD
	ladr	Noncontrolling Interest In Comprehensive Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInComprehensiveIncomeLossOperatingPartnershipsNonredeemable	10874000	USD
	ladr	Noncontrolling Interest In Comprehensive Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInComprehensiveIncomeLossOperatingPartnershipsNonredeemable	21791000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1509554000	USD
	us-gaap	Partners Capital Account Contributions PartnersCapitalAccountContributions	5309000	USD
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	29063000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	8766000	USD
	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	0	USD
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	13258000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation Forfeited StockIssuedDuringPeriodValueShareBasedCompensationForfeited	0	USD
	us-gaap	Dividends Dividends	50537000	USD
	us-gaap	Stock Issued During Period Value Stock Dividend StockIssuedDuringPeriodValueStockDividend	0	USD
	ladr	Stock Issued During Period Value Exchange Of Noncontrolling Interest StockIssuedDuringPeriodValueExchangeOfNoncontrollingInterest	-2083000	USD
	us-gaap	Profit Loss ProfitLoss	33062000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	5926000	USD
	ladr	Adjustments To Additional Paid In Capital Rebalancing Of Ownership Percentage Between Entity And Operating Partnership Value AdjustmentsToAdditionalPaidInCapitalRebalancingOfOwnershipPercentageBetweenEntityAndOperatingPartnershipValue	0	USD
CY2017Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1467676000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1491408000	USD
CY2016	us-gaap	Partners Capital Account Contributions PartnersCapitalAccountContributions	250000	USD
CY2016	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	40562000	USD
CY2016	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	17640000	USD
CY2016	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	0	USD
CY2016	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	4652000	USD
CY2016	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	786000	USD
CY2016	us-gaap	Stock Issued During Period Value Share Based Compensation Forfeited StockIssuedDuringPeriodValueShareBasedCompensationForfeited	0	USD
CY2016	us-gaap	Dividends Dividends	74393000	USD
CY2016	us-gaap	Stock Issued During Period Value Stock Dividend StockIssuedDuringPeriodValueStockDividend	0	USD
CY2016	ladr	Stock Issued During Period Value Exchange Of Noncontrolling Interest StockIssuedDuringPeriodValueExchangeOfNoncontrollingInterest	0	USD
CY2016	ladr	Adjustmentsto Additional Paidin Capital Adjustmentto Tax Receivable Agreementas Resultof Exchangeof Class B Share AdjustmentstoAdditionalPaidinCapitalAdjustmenttoTaxReceivableAgreementasResultofExchangeofClassBShare	1590000	USD
CY2016	us-gaap	Profit Loss ProfitLoss	113720000	USD
CY2016	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	8519000	USD
CY2016	ladr	Adjustments To Additional Paid In Capital Rebalancing Of Ownership Percentage Between Entity And Operating Partnership Value AdjustmentsToAdditionalPaidInCapitalRebalancingOfOwnershipPercentageBetweenEntityAndOperatingPartnershipValue	0	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1509554000	USD
	us-gaap	Profit Loss ProfitLoss	33062000	USD
	us-gaap	Profit Loss ProfitLoss	-7500000	USD
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-54000	USD
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	5382000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	18717000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	19057000	USD
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-1309000	USD
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-23656000	USD
	us-gaap	Unrealized Gain Loss On Securities UnrealizedGainLossOnSecurities	457000	USD
	us-gaap	Unrealized Gain Loss On Securities UnrealizedGainLossOnSecurities	76000	USD
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	56000	USD
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	0	USD
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	0	USD
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	300000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	8766000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	8118000	USD
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	3954000	USD
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	4288000	USD
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-460000	USD
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-437000	USD
	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-173000	USD
	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	35000	USD
	ladr	Accretion Amortizationof Discountsand Premiums Loans AccretionAmortizationofDiscountsandPremiumsLoans	4539000	USD
	ladr	Accretion Amortizationof Discountsand Premiums Loans AccretionAmortizationofDiscountsandPremiumsLoans	4914000	USD
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	-36656000	USD
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	-36591000	USD
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	-999000	USD
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	10625000	USD
	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	12494000	USD
	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	2398000	USD
	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	4563000	USD
	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	10968000	USD
	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	39000	USD
	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	24000	USD
	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	564492000	USD
	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	339657000	USD
	us-gaap	Payments To Purchase Mortgage Loans Held For Sale PaymentsToPurchaseMortgageLoansHeldForSale	0	USD
	us-gaap	Payments To Purchase Mortgage Loans Held For Sale PaymentsToPurchaseMortgageLoansHeldForSale	21667000	USD
	us-gaap	Proceeds From Collection Of Mortgage Loans Held For Sale ProceedsFromCollectionOfMortgageLoansHeldForSale	1184000	USD
	us-gaap	Proceeds From Collection Of Mortgage Loans Held For Sale ProceedsFromCollectionOfMortgageLoansHeldForSale	699000	USD
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	0	USD
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	359561000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-63000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	626000	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	1017000	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	0	USD
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	4637000	USD
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	6693000	USD
	ladr	Payments Pursuant To Tax Receivable Agreement PaymentsPursuantToTaxReceivableAgreement	230000	USD
	ladr	Payments Pursuant To Tax Receivable Agreement PaymentsPursuantToTaxReceivableAgreement	0	USD
	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	2048000	USD
	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	-1609000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	2640000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	11366000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-11413000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-29943000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-503477000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2655000	USD
	us-gaap	Payments For Proceeds From Derivative Instrument Investing Activities PaymentsForProceedsFromDerivativeInstrumentInvestingActivities	199000	USD
	us-gaap	Payments For Proceeds From Derivative Instrument Investing Activities PaymentsForProceedsFromDerivativeInstrumentInvestingActivities	73000	USD
	us-gaap	Proceeds From Derivative Instrument Investing Activities ProceedsFromDerivativeInstrumentInvestingActivities	0	USD
	us-gaap	Proceeds From Derivative Instrument Investing Activities ProceedsFromDerivativeInstrumentInvestingActivities	49000	USD
	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	74881000	USD
	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	530476000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	81747000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	135614000	USD
	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	643825000	USD
	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	124050000	USD
	ladr	Payments To Acquire Loans And Leases Held For Investment And Origination Of Loans PaymentsToAcquireLoansAndLeasesHeldForInvestmentAndOriginationOfLoans	563392000	USD
	ladr	Payments To Acquire Loans And Leases Held For Investment And Origination Of Loans PaymentsToAcquireLoansAndLeasesHeldForInvestmentAndOriginationOfLoans	174481000	USD
	us-gaap	Payments To Acquire Loans And Leases Held For Investment PaymentsToAcquireLoansAndLeasesHeldForInvestment	94079000	USD
	us-gaap	Payments To Acquire Loans And Leases Held For Investment PaymentsToAcquireLoansAndLeasesHeldForInvestment	0	USD
	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	175625000	USD
	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	373857000	USD
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	0	USD
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	49000	USD
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	558000	USD
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	420000	USD
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	182038000	USD
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	16008000	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	2804000	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	3249000	USD
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	12590000	USD
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	44097000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4164000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-46991000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	10252000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	1195000	USD
	ladr	Proceedsfrom Borrowing Under Debt Obligations ProceedsfromBorrowingUnderDebtObligations	6477949000	USD
	ladr	Proceedsfrom Borrowing Under Debt Obligations ProceedsfromBorrowingUnderDebtObligations	6151959000	USD
	ladr	Repaymentsof Borrowings Under Debt Obligations RepaymentsofBorrowingsUnderDebtObligations	5783076000	USD
	ladr	Repaymentsof Borrowings Under Debt Obligations RepaymentsofBorrowingsUnderDebtObligations	6027672000	USD
	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	73911000	USD
	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	49843000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	13258000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	786000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	4652000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	573698000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	41128000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	66057000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-3208000	USD
CY2016Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	89428000	USD
CY2015Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	162794000	USD
CY2017Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	155485000	USD
CY2016Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	159586000	USD
	us-gaap	Interest Paid InterestPaid	61435000	USD
	us-gaap	Interest Paid InterestPaid	55505000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	821000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	13642000	USD
	ladr	Other Significant Noncash Transaction Securitiesand Derivatives Purchased OtherSignificantNoncashTransactionSecuritiesandDerivativesPurchased	1051000	USD
	ladr	Other Significant Noncash Transaction Securitiesand Derivatives Purchased OtherSignificantNoncashTransactionSecuritiesandDerivativesPurchased	31000	USD
	ladr	Other Significant Noncash Transaction Securities Sold OtherSignificantNoncashTransactionSecuritiesSold	25980000	USD
	ladr	Other Significant Noncash Transaction Securities Sold OtherSignificantNoncashTransactionSecuritiesSold	5583000	USD
	ladr	Originationof Mortgage Loans Receivable Heldfor Investment OriginationofMortgageLoansReceivableHeldforInvestment	0	USD
	ladr	Originationof Mortgage Loans Receivable Heldfor Investment OriginationofMortgageLoansReceivableHeldforInvestment	36878000	USD
	ladr	Repaymentof Mortgage Loans Receivable Heldfor Investment RepaymentofMortgageLoansReceivableHeldforInvestment	0	USD
	ladr	Repaymentof Mortgage Loans Receivable Heldfor Investment RepaymentofMortgageLoansReceivableHeldforInvestment	36878000	USD
	ladr	Transfer To From Loans Heldforsaleto Portfolio Loans TransferToFromLoansHeldforsaletoPortfolioLoans	719465000	USD
	ladr	Transfer To From Loans Heldforsaleto Portfolio Loans TransferToFromLoansHeldforsaletoPortfolioLoans	0	USD
	ladr	Exchange Of Noncontrolling Interest For Common Stock ExchangeOfNoncontrollingInterestForCommonStock	188520000	USD
	ladr	Exchange Of Noncontrolling Interest For Common Stock ExchangeOfNoncontrollingInterestForCommonStock	28328000	USD
	ladr	Deferred Tax Asset Tax Receivable Agreement Increase Decrease DeferredTaxAssetTaxReceivableAgreementIncreaseDecrease	1935000	USD
	ladr	Deferred Tax Asset Tax Receivable Agreement Increase Decrease DeferredTaxAssetTaxReceivableAgreementIncreaseDecrease	-772000	USD
	ladr	Dividends Declared Notpaid DividendsDeclaredNotpaid	1308000	USD
	ladr	Dividends Declared Notpaid DividendsDeclaredNotpaid	1179000	USD
	us-gaap	Dividends Stock DividendsStock	17319000	USD
	us-gaap	Dividends Stock DividendsStock	64100000	USD
	ladr	Proceeds From Sale Of Real Estate Held For Investment Related To Sales From Prior Years ProceedsFromSaleOfRealEstateHeldForInvestmentRelatedToSalesFromPriorYears	6500000	USD
CY2017Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	58225000	USD
CY2016Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	81415000	USD
CY2017Q2	us-gaap	Restricted Cash And Investments RestrictedCashAndInvestments	97260000	USD
CY2016Q2	us-gaap	Restricted Cash And Investments RestrictedCashAndInvestments	78171000	USD
CY2017Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	155485000	USD
CY2016Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	159586000	USD
CY2015Q1	ladr	Real Estate Investment Trust Ownership Restriction Percentageof Outstanding Capital Stock RealEstateInvestmentTrustOwnershipRestrictionPercentageofOutstandingCapitalStock	0.098
CY2015Q1	ladr	Real Estate Investment Trust Ownership Restriction Percentageof Outstanding Capital Stock RealEstateInvestmentTrustOwnershipRestrictionPercentageofOutstandingCapitalStock	0.098
CY2015Q1	ladr	Percentage Of Applicable Cash Saving In Income Tax Distributable To Specified Unitholders PercentageOfApplicableCashSavingInIncomeTaxDistributableToSpecifiedUnitholders	0.85
CY2015Q1	ladr	Percentage Of Applicable Cash Saving In Income Tax Available For Entity PercentageOfApplicableCashSavingInIncomeTaxAvailableForEntity	0.15
	us-gaap	Mortgage Loans On Real Estate Interest Rate MortgageLoansOnRealEstateInterestRate	0.0562
	ladr	Mortgage Loans On Real Estate Remaining Maturity MortgageLoansOnRealEstateRemainingMaturity	P3Y3M0D
CY2017Q2	us-gaap	Mortgage Loans On Real Estate Cost Of Mortgages Sold MortgageLoansOnRealEstateCostOfMortgagesSold	625700000	USD
CY2017Q2	ladr	Real Estate Securities Risk Retention Requirement Amount RealEstateSecuritiesRiskRetentionRequirementAmount	12900000	USD
CY2017Q2	ladr	Mortgage Loans On Real Estate Risk Retention Requirement Percentage MortgageLoansOnRealEstateRiskRetentionRequirementPercentage	0.02
CY2017Q2	ladr	Mortgage Loans On Real Estate Sold Horizontal Interest Percentage MortgageLoansOnRealEstateSoldHorizontalInterestPercentage	0.03
CY2017Q2	ladr	Mortgage Loans On Real Estate Controlling Classes Percentage MortgageLoansOnRealEstateControllingClassesPercentage	0.98
	us-gaap	Use Of Estimates UseOfEstimates	Use of Estimates<div style="line-height:120%;padding-left:36px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;padding-left:36px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the balance sheets and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates and assumptions are reviewed periodically, and the effects of resulting changes are reflected in the consolidated financial statements in the period the changes are deemed to be necessary. Significant estimates made in the accompanying consolidated financial statements include, but are not limited to the following:</span></div><div style="line-height:120%;padding-left:36px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">valuation of real estate securities;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">allocation of purchase price for acquired real estate;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">impairment, and useful lives, of real estate;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">useful lives of intangible assets;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">valuation of derivative instruments;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">valuation of deferred tax asset;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">amounts payable pursuant to the Tax Receivable Agreement;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">determination of effective yield for recognition of interest income;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">adequacy of provision for loan losses;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">determination of other than temporary impairment of real estate securities and investments in unconsolidated joint ventures;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">certain estimates and assumptions used in the accrual of incentive compensation and calculation of the fair value of equity compensation issued to employees;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">determination of the effective tax rate for income tax provision; and</span></div></td></tr></table><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div>certain estimates and assumptions used in the allocation of revenue and expenses for our segment reporting.
CY2017Q2	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	4000000	USD
CY2017Q2	ladr	Mortgage Loans On Real Estate Face Amount Of Mortgages Balance Sheet Date MortgageLoansOnRealEstateFaceAmountOfMortgagesBalanceSheetDate	3445455000	USD
CY2017Q2	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	3422971000	USD
CY2017Q2	ladr	Mortgage Loans On Real Estate Risk Retention Requirement Percentage MortgageLoansOnRealEstateRiskRetentionRequirementPercentage	0.02
CY2017Q2	ladr	Real Estate Securities Held For Sale Not Recognized For Accounting Purposes RealEstateSecuritiesHeldForSaleNotRecognizedForAccountingPurposes	62700000	USD
CY2017Q2	ladr	Number Of Mortgage Loans Individually Impaired NumberOfMortgageLoansIndividuallyImpaired	0	loan
CY2016Q4	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	4000000	USD
CY2016Q4	ladr	Mortgage Loans On Real Estate Face Amount Of Mortgages Balance Sheet Date MortgageLoansOnRealEstateFaceAmountOfMortgagesBalanceSheetDate	2371827000	USD
CY2016Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	2353977000	USD
CY2016	us-gaap	Mortgage Loans On Real Estate Interest Rate MortgageLoansOnRealEstateInterestRate	0.0673
CY2016	ladr	Mortgage Loans On Real Estate Remaining Maturity MortgageLoansOnRealEstateRemainingMaturity	P2Y1M6D
CY2017Q2	us-gaap	Allowance For Loan And Lease Losses Real Estate AllowanceForLoanAndLeaseLossesRealEstate	4000000	USD
CY2016Q4	us-gaap	Allowance For Loan And Lease Losses Real Estate AllowanceForLoanAndLeaseLossesRealEstate	4000000	USD
CY2017Q2	ladr	Mortgage Loans On Real Estate Face Amount Of Mortgages Balance Sheet Date MortgageLoansOnRealEstateFaceAmountOfMortgagesBalanceSheetDate	3445455000	USD
CY2017Q2	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	3422971000	USD
CY2016Q4	ladr	Mortgage Loans On Real Estate Face Amount Of Mortgages Balance Sheet Date MortgageLoansOnRealEstateFaceAmountOfMortgagesBalanceSheetDate	2371827000	USD
CY2016Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	2353977000	USD
CY2017Q2	ladr	Loans Heldforsale Transferredto Portfolio Loans Carrying Amount LoansHeldforsaleTransferredtoPortfolioLoansCarryingAmount	120000000.0	USD
CY2017Q2	ladr	Loans Heldforsale Transferredto Portfolio Loans Fair Value LoansHeldforsaleTransferredtoPortfolioLoansFairValue	119900000	USD
CY2017Q2	us-gaap	Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums	1600000	USD
CY2016Q4	us-gaap	Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums	600000	USD
CY2017Q1	us-gaap	Allowance For Loan And Lease Losses Real Estate AllowanceForLoanAndLeaseLossesRealEstate	4000000	USD
CY2016Q1	us-gaap	Allowance For Loan And Lease Losses Real Estate AllowanceForLoanAndLeaseLossesRealEstate	3850000	USD
CY2016Q4	us-gaap	Allowance For Loan And Lease Losses Real Estate AllowanceForLoanAndLeaseLossesRealEstate	4000000	USD
CY2015Q4	us-gaap	Allowance For Loan And Lease Losses Real Estate AllowanceForLoanAndLeaseLossesRealEstate	3700000	USD
CY2017Q2	us-gaap	Allowance For Loan And Lease Losses Period Increase Decrease AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease	0	USD
CY2016Q2	us-gaap	Allowance For Loan And Lease Losses Period Increase Decrease AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease	150000	USD
	us-gaap	Allowance For Loan And Lease Losses Period Increase Decrease AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease	0	USD
	us-gaap	Allowance For Loan And Lease Losses Period Increase Decrease AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease	300000	USD
CY2017Q2	us-gaap	Allowance For Loan And Lease Losses Real Estate AllowanceForLoanAndLeaseLossesRealEstate	4000000	USD
CY2016Q2	us-gaap	Allowance For Loan And Lease Losses Real Estate AllowanceForLoanAndLeaseLossesRealEstate	4000000	USD
CY2017Q2	us-gaap	Allowance For Loan And Lease Losses Real Estate AllowanceForLoanAndLeaseLossesRealEstate	4000000	USD
CY2016Q2	us-gaap	Allowance For Loan And Lease Losses Real Estate AllowanceForLoanAndLeaseLossesRealEstate	4000000	USD
CY2017Q2	us-gaap	Investment Owned Underlying Face Amount At Market Value InvestmentOwnedUnderlyingFaceAmountAtMarketValue	6681953000	USD
CY2017Q2	us-gaap	Available For Sale Securities Debt Maturities Rolling After Year Ten Fair Value AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue	157000	USD
CY2017Q2	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	1401211000	USD
CY2017Q2	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	12181000	USD
CY2017Q2	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	5847000	USD
CY2017Q2	us-gaap	Available For Sale Securities AvailableForSaleSecurities	1407545000	USD
CY2017Q2	ladr	Available For Sale Securities Number Of Securities AvailableForSaleSecuritiesNumberOfSecurities	187	securities
CY2017Q2	ladr	Available For Sale Securities Weighted Average Coupon Percentage AvailableForSaleSecuritiesWeightedAverageCouponPercentage	0.0128
CY2017Q2	ladr	Available For Sale Securities Weighted Average Yield Percentage AvailableForSaleSecuritiesWeightedAverageYieldPercentage	0.0286
	ladr	Available For Sale Securities Remaining Maturity Period AvailableForSaleSecuritiesRemainingMaturityPeriod	P3Y1M17D
CY2016Q4	us-gaap	Investment Owned Underlying Face Amount At Market Value InvestmentOwnedUnderlyingFaceAmountAtMarketValue	10354816000	USD
CY2016Q4	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	2100994000	USD
CY2016Q4	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	13194000	USD
CY2016Q4	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	13241000	USD
CY2016Q4	us-gaap	Available For Sale Securities AvailableForSaleSecurities	2100947000	USD
CY2016Q4	ladr	Available For Sale Securities Number Of Securities AvailableForSaleSecuritiesNumberOfSecurities	219	securities
CY2016Q4	ladr	Available For Sale Securities Weighted Average Coupon Percentage AvailableForSaleSecuritiesWeightedAverageCouponPercentage	0.0127
CY2016Q4	ladr	Available For Sale Securities Weighted Average Yield Percentage AvailableForSaleSecuritiesWeightedAverageYieldPercentage	0.0294
CY2016	ladr	Available For Sale Securities Remaining Maturity Period AvailableForSaleSecuritiesRemainingMaturityPeriod	P3Y7M6D
CY2017Q2	us-gaap	Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue	76148000	USD
CY2017Q2	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue	1159533000	USD
CY2017Q2	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Fair Value AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue	171707000	USD
CY2017Q2	us-gaap	Available For Sale Securities AvailableForSaleSecurities	1407545000	USD
CY2016Q4	us-gaap	Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue	143918000	USD
CY2016Q4	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue	1508191000	USD
CY2016Q4	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Fair Value AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue	441038000	USD
CY2016Q4	us-gaap	Available For Sale Securities Debt Maturities Rolling After Year Ten Fair Value AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue	7800000	USD
CY2016Q4	us-gaap	Available For Sale Securities AvailableForSaleSecurities	2100947000	USD
	us-gaap	Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities	1000000.0	USD
	us-gaap	Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities	600000	USD
CY2017Q2	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	140295000	USD
CY2016Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	122007000	USD
CY2017Q2	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1006286000	USD
CY2016Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	822338000	USD
CY2017Q2	us-gaap	Depreciation Depreciation	7126000	USD
CY2016Q2	us-gaap	Depreciation Depreciation	6164000	USD
	us-gaap	Depreciation Depreciation	12846000	USD
	us-gaap	Depreciation Depreciation	12268000	USD
CY2017Q2	us-gaap	Amortization Of Deferred Charges AmortizationOfDeferredCharges	2976000	USD
CY2016Q2	us-gaap	Amortization Of Deferred Charges AmortizationOfDeferredCharges	3038000	USD
	us-gaap	Amortization Of Deferred Charges AmortizationOfDeferredCharges	5824000	USD
	us-gaap	Amortization Of Deferred Charges AmortizationOfDeferredCharges	6732000	USD
CY2017Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	10102000	USD
CY2016Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	9202000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	18670000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	19000000	USD
CY2017Q2	ladr	Depreciation On Corporate Fixed Assets DepreciationOnCorporateFixedAssets	23000	USD
CY2016Q2	ladr	Depreciation On Corporate Fixed Assets DepreciationOnCorporateFixedAssets	52000	USD

dei

Amendment Flag

AmendmentFlag

false

dei

Current Fiscal Year End Date

CurrentFiscalYearEndDate

--12-31

dei

Document Fiscal Period Focus

DocumentFiscalPeriodFocus

Q2

dei

Document Fiscal Year Focus

DocumentFiscalYearFocus

2017

dei

Entity Central Index Key

EntityCentralIndexKey

0001577670

dei

Entity Filer Category

EntityFilerCategory

Accelerated Filer

CY2017Q1

ladr

Deferred Compensation Arrangement Days Following The End Of The Participants Employment

DeferredCompensationArrangementDaysFollowingTheEndOfTheParticipantsEmployment

P60D

CY2017Q1

ladr

Deferred Compensation Arrangement Stock Price Days Following The End Of The Participants Employment

DeferredCompensationArrangementStockPriceDaysFollowingTheEndOfTheParticipantsEmployment

P45D

ladr

Loans From Held For Sale Transferred To Portfolio Loans Remaining Maturity

LoansFromHeldForSaleTransferredToPortfolioLoansRemainingMaturity

P3Y

CY2016Q4

ladr

Number Of Mortgage Loans Individually Impaired

NumberOfMortgageLoansIndividuallyImpaired

0

loan

us-gaap

Business Combination Separately Recognized Transactions Revenues And Gains Recognized

BusinessCombinationSeparatelyRecognizedTransactionsRevenuesAndGainsRecognized

1900000

USD

us-gaap

Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms

ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms

P22M12D

us-gaap

Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms

ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms

P24M0D

CY2016Q4

us-gaap

Treasury Stock Shares

TreasuryStockShares

1095048

shares

CY2017Q2

us-gaap

Treasury Stock Shares

TreasuryStockShares

2040591

shares

dei

Document Type

DocumentType

10-Q

dei

Document Period End Date

DocumentPeriodEndDate

2017-06-30

dei

Entity Registrant Name

EntityRegistrantName

Ladder Capital Corp

CY2017Q2

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

58225000

USD

CY2016Q4

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

44615000

USD

CY2017Q2

us-gaap

Restricted Cash

RestrictedCash

97260000

USD

CY2016Q4

us-gaap

Restricted Cash

RestrictedCash

44813000

USD

CY2017Q2

ladr

Loans And Leases Receivable Mortgage Loans Held By Consolidated Subsidiaries

LoansAndLeasesReceivableMortgageLoansHeldByConsolidatedSubsidiaries

2626732000

USD

CY2016Q4

ladr

Loans And Leases Receivable Mortgage Loans Held By Consolidated Subsidiaries

LoansAndLeasesReceivableMortgageLoansHeldByConsolidatedSubsidiaries

2000095000

USD

CY2017Q2

ladr

Loans And Leases Receivable Mortgage Loans Transferred But Not Considered Sold

LoansAndLeasesReceivableMortgageLoansTransferredButNotConsideredSold

599513000

USD

CY2016Q4

ladr

Loans And Leases Receivable Mortgage Loans Transferred But Not Considered Sold

LoansAndLeasesReceivableMortgageLoansTransferredButNotConsideredSold

0

USD

CY2017Q2

us-gaap

Loans And Leases Receivable Allowance

LoansAndLeasesReceivableAllowance

4000000

USD

CY2016Q4

us-gaap

Loans And Leases Receivable Allowance

LoansAndLeasesReceivableAllowance

4000000

USD

CY2017Q2

ladr

Loans Receivable Held For Sale Net Not Part Of Disposal Group Or Discontinued Operation

LoansReceivableHeldForSaleNetNotPartOfDisposalGroupOrDiscontinuedOperation

200726000

USD

CY2016Q4

ladr

Loans Receivable Held For Sale Net Not Part Of Disposal Group Or Discontinued Operation

LoansReceivableHeldForSaleNetNotPartOfDisposalGroupOrDiscontinuedOperation

357882000

USD

CY2017Q2

us-gaap

Available For Sale Securities

AvailableForSaleSecurities

1407545000

USD

CY2016Q4

us-gaap

Available For Sale Securities

AvailableForSaleSecurities

2100947000

USD

CY2017Q2

us-gaap

Real Estate Investment Property Net

RealEstateInvestmentPropertyNet

1006286000

USD

CY2016Q4

us-gaap

Real Estate Investment Property Net

RealEstateInvestmentPropertyNet

822338000

USD

CY2017Q2

us-gaap

Equity Method Investments

EquityMethodInvestments

34520000

USD

CY2016Q4

us-gaap

Equity Method Investments

EquityMethodInvestments

34025000

USD

CY2017Q2

us-gaap

Federal Home Loan Bank Stock

FederalHomeLoanBankStock

77915000

USD

CY2016Q4

us-gaap

Federal Home Loan Bank Stock

FederalHomeLoanBankStock

77915000

USD

CY2017Q2

us-gaap

Derivative Assets

DerivativeAssets

4554000

USD

CY2016Q4

us-gaap

Derivative Assets

DerivativeAssets

5018000

USD

CY2017Q2

us-gaap

Receivables From Brokers Dealers And Clearing Organizations

ReceivablesFromBrokersDealersAndClearingOrganizations

26443000

USD

CY2016Q4

us-gaap

Receivables From Brokers Dealers And Clearing Organizations

ReceivablesFromBrokersDealersAndClearingOrganizations

10000

USD

CY2017Q2

us-gaap

Interest Receivable

InterestReceivable

26486000

USD

CY2016Q4

us-gaap

Interest Receivable

InterestReceivable

24439000

USD

CY2017Q2

us-gaap

Other Assets

OtherAssets

55919000

USD

CY2016Q4

us-gaap

Other Assets

OtherAssets

70240000

USD

CY2017Q2

us-gaap

Assets

6218124000

USD

CY2016Q4

us-gaap

Assets

5578337000

USD

CY2017Q2

ladr

Secured And Unsecured Debt Obligations

SecuredAndUnsecuredDebtObligations

3998801000

USD

CY2016Q4

ladr

Secured And Unsecured Debt Obligations

SecuredAndUnsecuredDebtObligations

3942138000

USD

CY2017Q2

ladr

Debt Obligations Liability For Transfers Not Considered Sales

DebtObligationsLiabilityForTransfersNotConsideredSales

632130000

USD

CY2016Q4

ladr

Debt Obligations Liability For Transfers Not Considered Sales

DebtObligationsLiabilityForTransfersNotConsideredSales

0

USD

CY2017Q2

us-gaap

Due To Correspondent Brokers

DueToCorrespondentBrokers

1661000

USD

CY2016Q4

us-gaap

Due To Correspondent Brokers

DueToCorrespondentBrokers

394000

USD

CY2017Q2

us-gaap

Derivative Liabilities

DerivativeLiabilities

4276000

USD

CY2016Q4

us-gaap

Derivative Liabilities

DerivativeLiabilities

3446000

USD

CY2017Q2

ladr

Amount Due Pursuant To Tax Receivable Agreement

AmountDuePursuantToTaxReceivableAgreement

2438000

USD

CY2016Q4

ladr

Amount Due Pursuant To Tax Receivable Agreement

AmountDuePursuantToTaxReceivableAgreement

2520000

USD

CY2017Q2

us-gaap

Dividends Payable Current And Noncurrent

DividendsPayableCurrentAndNoncurrent

1308000

USD

CY2016Q4

us-gaap

Dividends Payable Current And Noncurrent

DividendsPayableCurrentAndNoncurrent

24682000

USD

CY2017Q2

us-gaap

Accrued Liabilities Current And Noncurrent

AccruedLiabilitiesCurrentAndNoncurrent

54230000

USD

CY2016Q4

us-gaap

Accrued Liabilities Current And Noncurrent

AccruedLiabilitiesCurrentAndNoncurrent

66597000

USD

CY2017Q2

us-gaap

Other Liabilities

OtherLiabilities

55604000

USD

CY2016Q4

us-gaap

Other Liabilities

OtherLiabilities

29006000

USD

CY2017Q2

us-gaap

Liabilities

4750448000

USD

CY2016Q4

us-gaap

Liabilities

4068783000

USD

CY2017Q2

us-gaap

Commitments And Contingencies

CommitmentsAndContingencies

0

USD

CY2016Q4

us-gaap

Commitments And Contingencies

CommitmentsAndContingencies

0

USD

CY2017Q2

us-gaap

Additional Paid In Capital Common Stock

AdditionalPaidInCapitalCommonStock

1199905000

USD

CY2016Q4

us-gaap

Additional Paid In Capital Common Stock

AdditionalPaidInCapitalCommonStock

992307000

USD

CY2017Q2

us-gaap

Treasury Stock Value

TreasuryStockValue

24501000

USD

CY2016Q4

us-gaap

Treasury Stock Value

TreasuryStockValue

11244000

USD

CY2017Q2

us-gaap

Retained Earnings Accumulated Deficit

RetainedEarningsAccumulatedDeficit

-54871000

USD

CY2016Q4

us-gaap

Retained Earnings Accumulated Deficit

RetainedEarningsAccumulatedDeficit

-11148000

USD

CY2017Q2

us-gaap

Accumulated Other Comprehensive Income Loss Net Of Tax

AccumulatedOtherComprehensiveIncomeLossNetOfTax

6268000

USD

CY2016Q4

us-gaap

Accumulated Other Comprehensive Income Loss Net Of Tax

AccumulatedOtherComprehensiveIncomeLossNetOfTax

1365000

USD

CY2017Q2

us-gaap

Stockholders Equity

StockholdersEquity

1126913000

USD

CY2016Q4

us-gaap

Stockholders Equity

StockholdersEquity

971390000

USD

CY2017Q2

us-gaap

Minority Interest In Operating Partnerships

MinorityInterestInOperatingPartnerships

330238000

USD

CY2016Q4

us-gaap

Minority Interest In Operating Partnerships

MinorityInterestInOperatingPartnerships

533246000

USD

CY2017Q2

us-gaap

Minority Interest In Joint Ventures

MinorityInterestInJointVentures

10525000

USD

CY2016Q4

us-gaap

Minority Interest In Joint Ventures

MinorityInterestInJointVentures

4918000

USD

CY2017Q2

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

1467676000

USD

CY2016Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

1509554000

USD

CY2017Q2

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

6218124000

USD

CY2016Q4

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

5578337000

USD

CY2017Q2

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

66136000

USD

CY2016Q2

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

55766000

USD

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

123647000

USD

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

115366000

USD

CY2017Q2

us-gaap

Interest Expense

InterestExpense

35604000

USD

CY2016Q2

us-gaap

Interest Expense

InterestExpense

28402000

USD

us-gaap

Interest Expense

InterestExpense

67019000

USD

us-gaap

Interest Expense

InterestExpense

57938000

USD

CY2017Q2

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

30532000

USD

CY2016Q2

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

27364000

USD

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

56628000

USD

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

57428000

USD

CY2017Q2

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

0

USD

CY2016Q2

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

150000

USD

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

0

USD

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

300000

USD

CY2017Q2

us-gaap

Interest Income Expense After Provision For Loan Loss

InterestIncomeExpenseAfterProvisionForLoanLoss

30532000

USD

CY2016Q2

us-gaap

Interest Income Expense After Provision For Loan Loss

InterestIncomeExpenseAfterProvisionForLoanLoss

27214000

USD

us-gaap

Interest Income Expense After Provision For Loan Loss

InterestIncomeExpenseAfterProvisionForLoanLoss

56628000

USD

us-gaap

Interest Income Expense After Provision For Loan Loss

InterestIncomeExpenseAfterProvisionForLoanLoss

57128000

USD

CY2017Q2

us-gaap

Operating Leases Income Statement Lease Revenue

OperatingLeasesIncomeStatementLeaseRevenue

22187000

USD

CY2016Q2

us-gaap

Operating Leases Income Statement Lease Revenue

OperatingLeasesIncomeStatementLeaseRevenue

19085000

USD

us-gaap

Operating Leases Income Statement Lease Revenue

OperatingLeasesIncomeStatementLeaseRevenue

41816000

USD

us-gaap

Operating Leases Income Statement Lease Revenue

OperatingLeasesIncomeStatementLeaseRevenue

38379000

USD

CY2017Q2

us-gaap

Tenant Reimbursements

TenantReimbursements

1159000

USD

CY2016Q2

us-gaap

Tenant Reimbursements

TenantReimbursements

1324000

USD

us-gaap

Tenant Reimbursements

TenantReimbursements

2739000

USD

us-gaap

Tenant Reimbursements

TenantReimbursements

2659000

USD

CY2017Q2

us-gaap

Gain Loss On Sales Of Loans Net

GainLossOnSalesOfLoansNet

0

USD

CY2016Q2

us-gaap

Gain Loss On Sales Of Loans Net

GainLossOnSalesOfLoansNet

2795000

USD

us-gaap

Gain Loss On Sales Of Loans Net

GainLossOnSalesOfLoansNet

-999000

USD

us-gaap

Gain Loss On Sales Of Loans Net

GainLossOnSalesOfLoansNet

10625000

USD

CY2017Q2

us-gaap

Gain Loss On Sale Of Securities Net

GainLossOnSaleOfSecuritiesNet

7132000

USD

CY2016Q2

us-gaap

Gain Loss On Sale Of Securities Net

GainLossOnSaleOfSecuritiesNet

2971000

USD

us-gaap

Gain Loss On Sale Of Securities Net

GainLossOnSaleOfSecuritiesNet

12494000

USD

us-gaap

Gain Loss On Sale Of Securities Net

GainLossOnSaleOfSecuritiesNet

2398000

USD

CY2017Q2

us-gaap

Unrealized Gain Loss On Securities

UnrealizedGainLossOnSecurities

299000

USD

CY2016Q2

us-gaap

Unrealized Gain Loss On Securities

UnrealizedGainLossOnSecurities

-584000

USD

us-gaap

Unrealized Gain Loss On Securities

UnrealizedGainLossOnSecurities

457000

USD

us-gaap

Unrealized Gain Loss On Securities

UnrealizedGainLossOnSecurities

76000

USD

CY2017Q2

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

2232000

USD

CY2016Q2

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

4873000

USD

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

4563000

USD

us-gaap

Labor And Related Expense

LaborAndRelatedExpense

26047000

USD

CY2017Q2

us-gaap

Operating Expenses

OperatingExpenses

5829000

USD

CY2016Q2

us-gaap

Operating Expenses

OperatingExpenses

4713000

USD

us-gaap

Operating Expenses

OperatingExpenses

11308000

USD

us-gaap

Operating Expenses

OperatingExpenses

11008000

USD

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

10968000

USD

CY2017Q2

us-gaap

Fees And Commissions

FeesAndCommissions

4574000

USD

CY2016Q2

us-gaap

Fees And Commissions

FeesAndCommissions

6181000

USD

us-gaap

Fees And Commissions

FeesAndCommissions

9040000

USD

us-gaap

Fees And Commissions

FeesAndCommissions

9156000

USD

CY2017Q2

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

-16022000

USD

CY2016Q2

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

-24642000

USD

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

-18003000

USD

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

-75504000

USD

CY2017Q2

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

10000

USD

CY2016Q2

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

-168000

USD

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

-63000

USD

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

626000

USD

CY2017Q2

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

0

USD

CY2016Q2

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

0

USD

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

-54000

USD

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

5382000

USD

CY2017Q2

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

21571000

USD

CY2016Q2

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

11835000

USD

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

51990000

USD

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

4765000

USD

CY2017Q2

us-gaap

Labor And Related Expense

LaborAndRelatedExpense

14489000

USD

CY2016Q2

us-gaap

Labor And Related Expense

LaborAndRelatedExpense

13432000

USD

us-gaap

Labor And Related Expense

LaborAndRelatedExpense

30531000

USD

CY2017Q2

ladr

Real Estate Operating Expenses

RealEstateOperatingExpenses

8056000

USD

CY2016Q2

ladr

Real Estate Operating Expenses

RealEstateOperatingExpenses

9133000

USD

ladr

Real Estate Operating Expenses

RealEstateOperatingExpenses

15510000

USD

ladr

Real Estate Operating Expenses

RealEstateOperatingExpenses

14852000

USD

CY2017Q2

ladr

Fee Expenses

FeeExpenses

1621000

USD

CY2016Q2

ladr

Fee Expenses

FeeExpenses

873000

USD

ladr

Fee Expenses

FeeExpenses

2314000

USD

ladr

Fee Expenses

FeeExpenses

1603000

USD

CY2017Q2

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

10125000

USD

CY2016Q2

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

9254000

USD

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

18717000

USD

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

19057000

USD

CY2017Q2

us-gaap

Costs And Expenses

CostsAndExpenses

40120000

USD

CY2016Q2

us-gaap

Costs And Expenses

CostsAndExpenses

37405000

USD

us-gaap

Costs And Expenses

CostsAndExpenses

78380000

USD

us-gaap

Costs And Expenses

CostsAndExpenses

72567000

USD

us-gaap

Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable

NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable

-4765000

USD

CY2017Q2

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

0.13

CY2016Q2

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

0.05

CY2017Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

11983000

USD

CY2016Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

1644000

USD

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

30238000

USD

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-10674000

USD

CY2017Q2

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

-1449000

USD

CY2016Q2

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

-2301000

USD

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

-2824000

USD

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

-3174000

USD

CY2017Q2

us-gaap

Profit Loss

ProfitLoss

13432000

USD

CY2016Q2

us-gaap

Profit Loss

ProfitLoss

3945000

USD

us-gaap

Profit Loss

ProfitLoss

33062000

USD

us-gaap

Profit Loss

ProfitLoss

-7500000

USD

CY2017Q2

us-gaap

Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable

NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable

77000

USD

CY2016Q2

us-gaap

Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable

NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable

235000

USD

us-gaap

Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable

NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable

398000

USD

us-gaap

Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable

NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable

2000

USD

CY2017Q2

us-gaap

Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable

NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable

2693000

USD

CY2016Q2

us-gaap

Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable

NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable

908000

USD

us-gaap

Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable

NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable

8531000

USD

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

0.32

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

-0.05

CY2017Q2

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

0.13

CY2016Q2

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

0.05

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

0.31

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

-0.05

CY2017Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

80108431

shares

CY2016Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

61170006

shares

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

76510201

shares

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

60383447

shares

CY2017Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

110055308

shares

CY2016Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

61976962

shares

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

109693706

shares

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

60383447

shares

CY2017Q2

us-gaap

Profit Loss

ProfitLoss

13432000

USD

CY2016Q2

us-gaap

Profit Loss

ProfitLoss

3945000

USD

us-gaap

Profit Loss

ProfitLoss

33062000

USD

us-gaap

Profit Loss

ProfitLoss

-7500000

USD

CY2017Q2

us-gaap

Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax

OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax

8911000

USD

us-gaap

Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax

OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax

19397000

USD

CY2016Q2

us-gaap

Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax

OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax

30439000

USD

us-gaap

Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax

OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax

64833000

USD

CY2017Q2

us-gaap

Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax

OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax

7737000

USD

CY2016Q2

us-gaap

Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax

OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax

2971000

USD

us-gaap

Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax

OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax

13471000

USD

us-gaap

Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax

OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax

2982000

USD

CY2017Q2

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

1174000

USD

CY2016Q2

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

27468000

USD

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

5926000

USD

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

61851000

USD

CY2017Q2

us-gaap

Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest

ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest

14606000

USD

CY2016Q2

us-gaap

Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest

ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest

31413000

USD

us-gaap

Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest

ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest

38988000

USD

us-gaap

Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest

ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest

54351000

USD

CY2017Q2

us-gaap

Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable

NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable

77000

USD

CY2016Q2

us-gaap

Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable

NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable

235000

USD

us-gaap

Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable

NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable

398000

USD

us-gaap

Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable

NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable

2000

USD

CY2017Q2

ladr

Comprehensive Income Net Of Tax Including Noncontrolling Interest In Operating Partnership

ComprehensiveIncomeNetOfTaxIncludingNoncontrollingInterestInOperatingPartnership

14529000

USD

CY2016Q2

ladr

Comprehensive Income Net Of Tax Including Noncontrolling Interest In Operating Partnership

ComprehensiveIncomeNetOfTaxIncludingNoncontrollingInterestInOperatingPartnership

31178000

USD

ladr

Comprehensive Income Net Of Tax Including Noncontrolling Interest In Operating Partnership

ComprehensiveIncomeNetOfTaxIncludingNoncontrollingInterestInOperatingPartnership

38590000

USD

ladr

Comprehensive Income Net Of Tax Including Noncontrolling Interest In Operating Partnership

ComprehensiveIncomeNetOfTaxIncludingNoncontrollingInterestInOperatingPartnership

54349000

USD

CY2017Q2

ladr

Noncontrolling Interest In Comprehensive Income Loss Operating Partnerships Nonredeemable

NoncontrollingInterestInComprehensiveIncomeLossOperatingPartnershipsNonredeemable

3401000

USD

CY2016Q2

ladr

Noncontrolling Interest In Comprehensive Income Loss Operating Partnerships Nonredeemable

NoncontrollingInterestInComprehensiveIncomeLossOperatingPartnershipsNonredeemable

12547000

USD

ladr

Noncontrolling Interest In Comprehensive Income Loss Operating Partnerships Nonredeemable

NoncontrollingInterestInComprehensiveIncomeLossOperatingPartnershipsNonredeemable

10874000

USD

ladr

Noncontrolling Interest In Comprehensive Income Loss Operating Partnerships Nonredeemable

NoncontrollingInterestInComprehensiveIncomeLossOperatingPartnershipsNonredeemable

21791000

USD

CY2016Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

1509554000

USD

us-gaap

Partners Capital Account Contributions

PartnersCapitalAccountContributions

5309000

USD

us-gaap

Minority Interest Decrease From Distributions To Noncontrolling Interest Holders

MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders

29063000

USD

us-gaap

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

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

8766000

USD

us-gaap

Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures

StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures

0

USD

us-gaap

Adjustments Related To Tax Withholding For Share Based Compensation

AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation

13258000

USD

us-gaap

Stock Issued During Period Value Share Based Compensation Forfeited

StockIssuedDuringPeriodValueShareBasedCompensationForfeited

0

USD

us-gaap

Dividends

50537000

USD

us-gaap

Stock Issued During Period Value Stock Dividend

StockIssuedDuringPeriodValueStockDividend

0

USD

ladr

Stock Issued During Period Value Exchange Of Noncontrolling Interest

StockIssuedDuringPeriodValueExchangeOfNoncontrollingInterest

-2083000

USD

us-gaap

Profit Loss

ProfitLoss

33062000

USD

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

5926000

USD

ladr

Adjustments To Additional Paid In Capital Rebalancing Of Ownership Percentage Between Entity And Operating Partnership Value

AdjustmentsToAdditionalPaidInCapitalRebalancingOfOwnershipPercentageBetweenEntityAndOperatingPartnershipValue

0

USD

CY2017Q2

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

1467676000

USD

CY2015Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

1491408000

USD

CY2016

us-gaap

Partners Capital Account Contributions

PartnersCapitalAccountContributions

250000

USD

CY2016

us-gaap

Minority Interest Decrease From Distributions To Noncontrolling Interest Holders

MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders

40562000

USD

CY2016

us-gaap

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

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

17640000

USD

CY2016

us-gaap

Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures

StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures

0

USD

CY2016

us-gaap

Treasury Stock Value Acquired Cost Method

TreasuryStockValueAcquiredCostMethod

4652000

USD

CY2016

us-gaap

Adjustments Related To Tax Withholding For Share Based Compensation

AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation

786000

USD

CY2016

us-gaap

Stock Issued During Period Value Share Based Compensation Forfeited

StockIssuedDuringPeriodValueShareBasedCompensationForfeited

0

USD

CY2016

us-gaap

Dividends

74393000

USD

CY2016

us-gaap

Stock Issued During Period Value Stock Dividend

StockIssuedDuringPeriodValueStockDividend

0

USD

CY2016

ladr

Stock Issued During Period Value Exchange Of Noncontrolling Interest

StockIssuedDuringPeriodValueExchangeOfNoncontrollingInterest

0

USD

CY2016

ladr

Adjustmentsto Additional Paidin Capital Adjustmentto Tax Receivable Agreementas Resultof Exchangeof Class B Share

AdjustmentstoAdditionalPaidinCapitalAdjustmenttoTaxReceivableAgreementasResultofExchangeofClassBShare

1590000

USD

CY2016

us-gaap

Profit Loss

ProfitLoss

113720000

USD

CY2016

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

8519000

USD

CY2016

ladr

Adjustments To Additional Paid In Capital Rebalancing Of Ownership Percentage Between Entity And Operating Partnership Value

AdjustmentsToAdditionalPaidInCapitalRebalancingOfOwnershipPercentageBetweenEntityAndOperatingPartnershipValue

0

USD

CY2016Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

1509554000

USD

us-gaap

Profit Loss

ProfitLoss

33062000

USD

us-gaap

Profit Loss

ProfitLoss

-7500000

USD

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

-54000

USD

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

5382000

USD

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

18717000

USD

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

19057000

USD

us-gaap

Unrealized Gain Loss On Derivatives

UnrealizedGainLossOnDerivatives

-1309000

USD

us-gaap

Unrealized Gain Loss On Derivatives

UnrealizedGainLossOnDerivatives

-23656000

USD

us-gaap

Unrealized Gain Loss On Securities

UnrealizedGainLossOnSecurities

457000

USD

us-gaap

Unrealized Gain Loss On Securities

UnrealizedGainLossOnSecurities

76000

USD

us-gaap

Unrealized Gain Loss On Investments

UnrealizedGainLossOnInvestments

56000

USD

us-gaap

Unrealized Gain Loss On Investments

UnrealizedGainLossOnInvestments

0

USD

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

0

USD

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

300000

USD

us-gaap

Share Based Compensation

ShareBasedCompensation

8766000

USD

us-gaap

Share Based Compensation

ShareBasedCompensation

8118000

USD

us-gaap

Amortization Of Financing Costs And Discounts

AmortizationOfFinancingCostsAndDiscounts

3954000

USD

us-gaap

Amortization Of Financing Costs And Discounts

AmortizationOfFinancingCostsAndDiscounts

4288000

USD

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

-460000

USD

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

-437000

USD

us-gaap

Amortization Of Above And Below Market Leases

AmortizationOfAboveAndBelowMarketLeases

-173000

USD

us-gaap

Amortization Of Above And Below Market Leases

AmortizationOfAboveAndBelowMarketLeases

35000

USD

ladr

Accretion Amortizationof Discountsand Premiums Loans

AccretionAmortizationofDiscountsandPremiumsLoans

4539000

USD

ladr

Accretion Amortizationof Discountsand Premiums Loans

AccretionAmortizationofDiscountsandPremiumsLoans

4914000

USD

us-gaap

Accretion Amortization Of Discounts And Premiums Investments

AccretionAmortizationOfDiscountsAndPremiumsInvestments

-36656000

USD

us-gaap

Accretion Amortization Of Discounts And Premiums Investments

AccretionAmortizationOfDiscountsAndPremiumsInvestments

-36591000

USD

us-gaap

Gain Loss On Sales Of Loans Net

GainLossOnSalesOfLoansNet

-999000

USD

us-gaap

Gain Loss On Sales Of Loans Net

GainLossOnSalesOfLoansNet

10625000

USD

us-gaap

Gain Loss On Sale Of Securities Net

GainLossOnSaleOfSecuritiesNet

12494000

USD

us-gaap

Gain Loss On Sale Of Securities Net

GainLossOnSaleOfSecuritiesNet

2398000

USD

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

4563000

USD

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

10968000

USD

us-gaap

Gain Loss On Sale Of Derivatives

GainLossOnSaleOfDerivatives

39000

USD

us-gaap

Gain Loss On Sale Of Derivatives

GainLossOnSaleOfDerivatives

24000

USD

us-gaap

Payments For Origination Of Mortgage Loans Held For Sale

PaymentsForOriginationOfMortgageLoansHeldForSale

564492000

USD

us-gaap

Payments For Origination Of Mortgage Loans Held For Sale

PaymentsForOriginationOfMortgageLoansHeldForSale

339657000

USD

us-gaap

Payments To Purchase Mortgage Loans Held For Sale

PaymentsToPurchaseMortgageLoansHeldForSale

0

USD

us-gaap

Payments To Purchase Mortgage Loans Held For Sale

PaymentsToPurchaseMortgageLoansHeldForSale

21667000

USD

us-gaap

Proceeds From Collection Of Mortgage Loans Held For Sale

ProceedsFromCollectionOfMortgageLoansHeldForSale

1184000

USD

us-gaap

Proceeds From Collection Of Mortgage Loans Held For Sale

ProceedsFromCollectionOfMortgageLoansHeldForSale

699000

USD

us-gaap

Proceeds From Sale Of Mortgage Loans Held For Sale

ProceedsFromSaleOfMortgageLoansHeldForSale

0

USD

us-gaap

Proceeds From Sale Of Mortgage Loans Held For Sale

ProceedsFromSaleOfMortgageLoansHeldForSale

359561000

USD

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

-63000

USD

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

626000

USD

us-gaap

Equity Method Investment Dividends Or Distributions

EquityMethodInvestmentDividendsOrDistributions

1017000

USD

us-gaap

Equity Method Investment Dividends Or Distributions

EquityMethodInvestmentDividendsOrDistributions

0

USD

us-gaap

Increase Decrease In Deferred Income Taxes

IncreaseDecreaseInDeferredIncomeTaxes

4637000

USD

us-gaap

Increase Decrease In Deferred Income Taxes

IncreaseDecreaseInDeferredIncomeTaxes

6693000

USD

ladr

Payments Pursuant To Tax Receivable Agreement

PaymentsPursuantToTaxReceivableAgreement

230000

USD

ladr

Payments Pursuant To Tax Receivable Agreement

PaymentsPursuantToTaxReceivableAgreement

0

USD

us-gaap

Increase Decrease In Accrued Interest Receivable Net

IncreaseDecreaseInAccruedInterestReceivableNet

2048000

USD

us-gaap

Increase Decrease In Accrued Interest Receivable Net

IncreaseDecreaseInAccruedInterestReceivableNet

-1609000

USD

us-gaap

Increase Decrease In Other Operating Assets

IncreaseDecreaseInOtherOperatingAssets

2640000

USD

us-gaap

Increase Decrease In Other Operating Assets

IncreaseDecreaseInOtherOperatingAssets

11366000

USD

us-gaap

Increase Decrease In Accrued Liabilities

IncreaseDecreaseInAccruedLiabilities

-11413000

USD

us-gaap

Increase Decrease In Accrued Liabilities

IncreaseDecreaseInAccruedLiabilities

-29943000

USD

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

-503477000

USD

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

2655000

USD

us-gaap

Payments For Proceeds From Derivative Instrument Investing Activities

PaymentsForProceedsFromDerivativeInstrumentInvestingActivities

199000

USD

us-gaap

Payments For Proceeds From Derivative Instrument Investing Activities

PaymentsForProceedsFromDerivativeInstrumentInvestingActivities

73000

USD

us-gaap

Proceeds From Derivative Instrument Investing Activities

ProceedsFromDerivativeInstrumentInvestingActivities

0

USD

us-gaap

Proceeds From Derivative Instrument Investing Activities

ProceedsFromDerivativeInstrumentInvestingActivities

49000

USD

us-gaap

Payments To Acquire Available For Sale Securities

PaymentsToAcquireAvailableForSaleSecurities

74881000

USD

us-gaap

Payments To Acquire Available For Sale Securities

PaymentsToAcquireAvailableForSaleSecurities

530476000

USD

us-gaap

Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities

ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities

81747000

USD

us-gaap

Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities

ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities

135614000

USD

us-gaap

Proceeds From Sale Of Available For Sale Securities

ProceedsFromSaleOfAvailableForSaleSecurities

643825000

USD

us-gaap

Proceeds From Sale Of Available For Sale Securities

ProceedsFromSaleOfAvailableForSaleSecurities

124050000

USD

ladr

Payments To Acquire Loans And Leases Held For Investment And Origination Of Loans

PaymentsToAcquireLoansAndLeasesHeldForInvestmentAndOriginationOfLoans

563392000

USD

ladr

Payments To Acquire Loans And Leases Held For Investment And Origination Of Loans

PaymentsToAcquireLoansAndLeasesHeldForInvestmentAndOriginationOfLoans

174481000

USD

us-gaap

Payments To Acquire Loans And Leases Held For Investment

PaymentsToAcquireLoansAndLeasesHeldForInvestment

94079000

USD

us-gaap

Payments To Acquire Loans And Leases Held For Investment

PaymentsToAcquireLoansAndLeasesHeldForInvestment

0

USD

us-gaap

Proceeds From Principal Repayments On Loans And Leases Held For Investment

ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment

175625000

USD

us-gaap

Proceeds From Principal Repayments On Loans And Leases Held For Investment

ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment

373857000

USD

us-gaap

Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital

ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital

0

USD

us-gaap

Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital

ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital

49000

USD

us-gaap

Interest Paid Capitalized

InterestPaidCapitalized

558000

USD

us-gaap

Interest Paid Capitalized

InterestPaidCapitalized

420000

USD

us-gaap

Payments To Acquire Real Estate Held For Investment

PaymentsToAcquireRealEstateHeldForInvestment

182038000

USD

us-gaap

Payments To Acquire Real Estate Held For Investment

PaymentsToAcquireRealEstateHeldForInvestment

16008000

USD

us-gaap

Payments For Capital Improvements

PaymentsForCapitalImprovements

2804000

USD

us-gaap

Payments For Capital Improvements

PaymentsForCapitalImprovements

3249000

USD

us-gaap

Proceeds From Sale Of Real Estate Heldforinvestment

ProceedsFromSaleOfRealEstateHeldforinvestment

12590000

USD

us-gaap

Proceeds From Sale Of Real Estate Heldforinvestment

ProceedsFromSaleOfRealEstateHeldforinvestment

44097000

USD

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

-4164000

USD

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

-46991000

USD

us-gaap

Payments Of Financing Costs

PaymentsOfFinancingCosts

10252000

USD

us-gaap

Payments Of Financing Costs

PaymentsOfFinancingCosts

1195000

USD

ladr

Proceedsfrom Borrowing Under Debt Obligations

ProceedsfromBorrowingUnderDebtObligations

6477949000

USD

ladr

Proceedsfrom Borrowing Under Debt Obligations

ProceedsfromBorrowingUnderDebtObligations

6151959000

USD

ladr

Repaymentsof Borrowings Under Debt Obligations

RepaymentsofBorrowingsUnderDebtObligations

5783076000

USD

ladr

Repaymentsof Borrowings Under Debt Obligations

RepaymentsofBorrowingsUnderDebtObligations

6027672000

USD

us-gaap

Payments Of Ordinary Dividends

PaymentsOfOrdinaryDividends

73911000

USD

us-gaap

Payments Of Ordinary Dividends

PaymentsOfOrdinaryDividends

49843000

USD

us-gaap

Payments Related To Tax Withholding For Share Based Compensation

PaymentsRelatedToTaxWithholdingForShareBasedCompensation

13258000

USD

us-gaap

Payments Related To Tax Withholding For Share Based Compensation

PaymentsRelatedToTaxWithholdingForShareBasedCompensation

786000

USD

us-gaap

Payments For Repurchase Of Common Stock

PaymentsForRepurchaseOfCommonStock

0

USD

us-gaap

Payments For Repurchase Of Common Stock

PaymentsForRepurchaseOfCommonStock

4652000

USD

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

573698000

USD

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

41128000

USD

us-gaap

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

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect

66057000

USD

us-gaap

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

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect

-3208000

USD

CY2016Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

89428000

USD

CY2015Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

162794000

USD

CY2017Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

155485000

USD

CY2016Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

159586000

USD

us-gaap

Interest Paid

InterestPaid

61435000

USD

us-gaap

Interest Paid

InterestPaid

55505000

USD

us-gaap

Income Taxes Paid Net

IncomeTaxesPaidNet

821000

USD

us-gaap

Income Taxes Paid Net

IncomeTaxesPaidNet

13642000

USD

ladr

Other Significant Noncash Transaction Securitiesand Derivatives Purchased

OtherSignificantNoncashTransactionSecuritiesandDerivativesPurchased

1051000

USD

ladr

Other Significant Noncash Transaction Securitiesand Derivatives Purchased

OtherSignificantNoncashTransactionSecuritiesandDerivativesPurchased

31000

USD

ladr

Other Significant Noncash Transaction Securities Sold

OtherSignificantNoncashTransactionSecuritiesSold

25980000

USD

ladr

Other Significant Noncash Transaction Securities Sold

OtherSignificantNoncashTransactionSecuritiesSold

5583000

USD

ladr

Originationof Mortgage Loans Receivable Heldfor Investment

OriginationofMortgageLoansReceivableHeldforInvestment

0

USD

ladr

Originationof Mortgage Loans Receivable Heldfor Investment

OriginationofMortgageLoansReceivableHeldforInvestment

36878000

USD

ladr

Repaymentof Mortgage Loans Receivable Heldfor Investment

RepaymentofMortgageLoansReceivableHeldforInvestment

0

USD

ladr

Repaymentof Mortgage Loans Receivable Heldfor Investment

RepaymentofMortgageLoansReceivableHeldforInvestment

36878000

USD

ladr

Transfer To From Loans Heldforsaleto Portfolio Loans

TransferToFromLoansHeldforsaletoPortfolioLoans

719465000

USD

ladr

Transfer To From Loans Heldforsaleto Portfolio Loans

TransferToFromLoansHeldforsaletoPortfolioLoans

0

USD

ladr

Exchange Of Noncontrolling Interest For Common Stock

ExchangeOfNoncontrollingInterestForCommonStock

188520000

USD

ladr

Exchange Of Noncontrolling Interest For Common Stock

ExchangeOfNoncontrollingInterestForCommonStock

28328000

USD

ladr

Deferred Tax Asset Tax Receivable Agreement Increase Decrease

DeferredTaxAssetTaxReceivableAgreementIncreaseDecrease

1935000

USD

ladr

Deferred Tax Asset Tax Receivable Agreement Increase Decrease

DeferredTaxAssetTaxReceivableAgreementIncreaseDecrease

-772000

USD

ladr

Dividends Declared Notpaid

DividendsDeclaredNotpaid

1308000

USD

ladr

Dividends Declared Notpaid

DividendsDeclaredNotpaid

1179000

USD

us-gaap

Dividends Stock

DividendsStock

17319000

USD

us-gaap

Dividends Stock

DividendsStock

64100000

USD

ladr

Proceeds From Sale Of Real Estate Held For Investment Related To Sales From Prior Years

ProceedsFromSaleOfRealEstateHeldForInvestmentRelatedToSalesFromPriorYears

6500000

USD

CY2017Q2

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

58225000

USD

CY2016Q2

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

81415000

USD

CY2017Q2

us-gaap

Restricted Cash And Investments

RestrictedCashAndInvestments

97260000

USD

CY2016Q2

us-gaap

Restricted Cash And Investments

RestrictedCashAndInvestments

78171000

USD

CY2017Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

155485000

USD

CY2016Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

159586000

USD

CY2015Q1

ladr

Real Estate Investment Trust Ownership Restriction Percentageof Outstanding Capital Stock

RealEstateInvestmentTrustOwnershipRestrictionPercentageofOutstandingCapitalStock

0.098

CY2015Q1

ladr

Real Estate Investment Trust Ownership Restriction Percentageof Outstanding Capital Stock

RealEstateInvestmentTrustOwnershipRestrictionPercentageofOutstandingCapitalStock

0.098

CY2015Q1

ladr

Percentage Of Applicable Cash Saving In Income Tax Distributable To Specified Unitholders

PercentageOfApplicableCashSavingInIncomeTaxDistributableToSpecifiedUnitholders

0.85

CY2015Q1

ladr

Percentage Of Applicable Cash Saving In Income Tax Available For Entity

PercentageOfApplicableCashSavingInIncomeTaxAvailableForEntity

0.15

us-gaap

Mortgage Loans On Real Estate Interest Rate

MortgageLoansOnRealEstateInterestRate

0.0562

ladr

Mortgage Loans On Real Estate Remaining Maturity

MortgageLoansOnRealEstateRemainingMaturity

P3Y3M0D

CY2017Q2

us-gaap

Mortgage Loans On Real Estate Cost Of Mortgages Sold

MortgageLoansOnRealEstateCostOfMortgagesSold

625700000

USD

CY2017Q2

ladr

Real Estate Securities Risk Retention Requirement Amount

RealEstateSecuritiesRiskRetentionRequirementAmount

12900000

USD

CY2017Q2

ladr

Mortgage Loans On Real Estate Risk Retention Requirement Percentage

MortgageLoansOnRealEstateRiskRetentionRequirementPercentage

0.02

CY2017Q2

ladr

Mortgage Loans On Real Estate Sold Horizontal Interest Percentage

MortgageLoansOnRealEstateSoldHorizontalInterestPercentage

0.03

CY2017Q2

ladr

Mortgage Loans On Real Estate Controlling Classes Percentage

MortgageLoansOnRealEstateControllingClassesPercentage

0.98

us-gaap

Use Of Estimates

UseOfEstimates

Use of Estimates<div style="line-height:120%;padding-left:36px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;padding-left:36px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the balance sheets and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates and assumptions are reviewed periodically, and the effects of resulting changes are reflected in the consolidated financial statements in the period the changes are deemed to be necessary. Significant estimates made in the accompanying consolidated financial statements include, but are not limited to the following:</span></div><div style="line-height:120%;padding-left:36px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">valuation of real estate securities;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">allocation of purchase price for acquired real estate;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">impairment, and useful lives, of real estate;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">useful lives of intangible assets;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">valuation of derivative instruments;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">valuation of deferred tax asset;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">amounts payable pursuant to the Tax Receivable Agreement;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">determination of effective yield for recognition of interest income;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">adequacy of provision for loan losses;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">determination of other than temporary impairment of real estate securities and investments in unconsolidated joint ventures;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">certain estimates and assumptions used in the accrual of incentive compensation and calculation of the fair value of equity compensation issued to employees;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:12pt;"><span style="font-family:inherit;font-size:10pt;">determination of the effective tax rate for income tax provision; and</span></div></td></tr></table><div style="line-height:120%;font-size:12pt;padding-left:48px;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">•</span></div>certain estimates and assumptions used in the allocation of revenue and expenses for our segment reporting.

CY2017Q2

us-gaap

Loans And Leases Receivable Allowance

LoansAndLeasesReceivableAllowance

4000000

USD

CY2017Q2

ladr

Mortgage Loans On Real Estate Face Amount Of Mortgages Balance Sheet Date

MortgageLoansOnRealEstateFaceAmountOfMortgagesBalanceSheetDate

3445455000

USD

CY2017Q2

us-gaap

Mortgage Loans On Real Estate Commercial And Consumer Net

MortgageLoansOnRealEstateCommercialAndConsumerNet

3422971000

USD

CY2017Q2

ladr

Mortgage Loans On Real Estate Risk Retention Requirement Percentage

MortgageLoansOnRealEstateRiskRetentionRequirementPercentage

0.02

CY2017Q2

ladr

Real Estate Securities Held For Sale Not Recognized For Accounting Purposes

RealEstateSecuritiesHeldForSaleNotRecognizedForAccountingPurposes

62700000

USD

CY2017Q2

ladr

Number Of Mortgage Loans Individually Impaired

NumberOfMortgageLoansIndividuallyImpaired

0

loan

CY2016Q4

us-gaap

Loans And Leases Receivable Allowance

LoansAndLeasesReceivableAllowance

4000000

USD

CY2016Q4

ladr

Mortgage Loans On Real Estate Face Amount Of Mortgages Balance Sheet Date

MortgageLoansOnRealEstateFaceAmountOfMortgagesBalanceSheetDate

2371827000

USD

CY2016Q4

us-gaap

Mortgage Loans On Real Estate Commercial And Consumer Net

MortgageLoansOnRealEstateCommercialAndConsumerNet

2353977000

USD

CY2016

us-gaap

Mortgage Loans On Real Estate Interest Rate

MortgageLoansOnRealEstateInterestRate

0.0673

CY2016

ladr

Mortgage Loans On Real Estate Remaining Maturity

MortgageLoansOnRealEstateRemainingMaturity

P2Y1M6D

CY2017Q2

us-gaap

Allowance For Loan And Lease Losses Real Estate

AllowanceForLoanAndLeaseLossesRealEstate

4000000

USD

CY2016Q4

us-gaap

Allowance For Loan And Lease Losses Real Estate

AllowanceForLoanAndLeaseLossesRealEstate

4000000

USD

CY2017Q2

ladr

Mortgage Loans On Real Estate Face Amount Of Mortgages Balance Sheet Date

MortgageLoansOnRealEstateFaceAmountOfMortgagesBalanceSheetDate

3445455000

USD

CY2017Q2

us-gaap

Mortgage Loans On Real Estate Commercial And Consumer Net

MortgageLoansOnRealEstateCommercialAndConsumerNet

3422971000

USD

CY2016Q4

ladr

Mortgage Loans On Real Estate Face Amount Of Mortgages Balance Sheet Date

MortgageLoansOnRealEstateFaceAmountOfMortgagesBalanceSheetDate

2371827000

USD

CY2016Q4

us-gaap

Mortgage Loans On Real Estate Commercial And Consumer Net

MortgageLoansOnRealEstateCommercialAndConsumerNet

2353977000

USD

CY2017Q2

ladr

Loans Heldforsale Transferredto Portfolio Loans Carrying Amount

LoansHeldforsaleTransferredtoPortfolioLoansCarryingAmount

120000000.0

USD

CY2017Q2

ladr

Loans Heldforsale Transferredto Portfolio Loans Fair Value

LoansHeldforsaleTransferredtoPortfolioLoansFairValue

119900000

USD

CY2017Q2

us-gaap

Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums

UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums

1600000

USD

CY2016Q4

us-gaap

Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums

UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums

600000

USD

CY2017Q1

us-gaap

Allowance For Loan And Lease Losses Real Estate

AllowanceForLoanAndLeaseLossesRealEstate

4000000

USD

CY2016Q1

us-gaap

Allowance For Loan And Lease Losses Real Estate

AllowanceForLoanAndLeaseLossesRealEstate

3850000

USD

CY2016Q4

us-gaap

Allowance For Loan And Lease Losses Real Estate

AllowanceForLoanAndLeaseLossesRealEstate

4000000

USD

CY2015Q4

us-gaap

Allowance For Loan And Lease Losses Real Estate

AllowanceForLoanAndLeaseLossesRealEstate

3700000

USD

CY2017Q2

us-gaap

Allowance For Loan And Lease Losses Period Increase Decrease

AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease

0

USD

CY2016Q2

us-gaap

Allowance For Loan And Lease Losses Period Increase Decrease

AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease

150000

USD

us-gaap

Allowance For Loan And Lease Losses Period Increase Decrease

AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease

0

USD

us-gaap

Allowance For Loan And Lease Losses Period Increase Decrease

AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease

300000

USD

CY2017Q2

us-gaap

Allowance For Loan And Lease Losses Real Estate

AllowanceForLoanAndLeaseLossesRealEstate

4000000

USD

CY2016Q2

us-gaap

Allowance For Loan And Lease Losses Real Estate

AllowanceForLoanAndLeaseLossesRealEstate

4000000

USD

CY2017Q2

us-gaap

Allowance For Loan And Lease Losses Real Estate

AllowanceForLoanAndLeaseLossesRealEstate

4000000

USD

CY2016Q2

us-gaap

Allowance For Loan And Lease Losses Real Estate

AllowanceForLoanAndLeaseLossesRealEstate

4000000

USD

CY2017Q2

us-gaap

Investment Owned Underlying Face Amount At Market Value

InvestmentOwnedUnderlyingFaceAmountAtMarketValue

6681953000

USD

CY2017Q2

us-gaap

Available For Sale Securities Debt Maturities Rolling After Year Ten Fair Value

AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue

157000

USD

CY2017Q2

us-gaap

Available For Sale Securities Amortized Cost

AvailableForSaleSecuritiesAmortizedCost

1401211000

USD

CY2017Q2

us-gaap

Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax

AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax

12181000

USD

CY2017Q2

us-gaap

Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax

AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax

5847000

USD

CY2017Q2

us-gaap

Available For Sale Securities

AvailableForSaleSecurities

1407545000

USD

CY2017Q2

ladr

Available For Sale Securities Number Of Securities

AvailableForSaleSecuritiesNumberOfSecurities

187

securities

CY2017Q2

ladr

Available For Sale Securities Weighted Average Coupon Percentage

AvailableForSaleSecuritiesWeightedAverageCouponPercentage

0.0128

CY2017Q2

ladr

Available For Sale Securities Weighted Average Yield Percentage

AvailableForSaleSecuritiesWeightedAverageYieldPercentage

0.0286

ladr

Available For Sale Securities Remaining Maturity Period

AvailableForSaleSecuritiesRemainingMaturityPeriod

P3Y1M17D

CY2016Q4

us-gaap

Investment Owned Underlying Face Amount At Market Value

InvestmentOwnedUnderlyingFaceAmountAtMarketValue

10354816000

USD

CY2016Q4

us-gaap

Available For Sale Securities Amortized Cost

AvailableForSaleSecuritiesAmortizedCost

2100994000

USD

CY2016Q4

us-gaap

Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax

AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax

13194000

USD

CY2016Q4

us-gaap

Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax

AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax

13241000

USD

CY2016Q4

us-gaap

Available For Sale Securities

AvailableForSaleSecurities

2100947000

USD

CY2016Q4

ladr

Available For Sale Securities Number Of Securities

AvailableForSaleSecuritiesNumberOfSecurities

219

securities

CY2016Q4

ladr

Available For Sale Securities Weighted Average Coupon Percentage

AvailableForSaleSecuritiesWeightedAverageCouponPercentage

0.0127

CY2016Q4

ladr

Available For Sale Securities Weighted Average Yield Percentage

AvailableForSaleSecuritiesWeightedAverageYieldPercentage

0.0294

CY2016

ladr

Available For Sale Securities Remaining Maturity Period

AvailableForSaleSecuritiesRemainingMaturityPeriod

P3Y7M6D

CY2017Q2

us-gaap

Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value

AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue

76148000

USD

CY2017Q2

us-gaap

Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value

AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue

1159533000

USD

CY2017Q2

us-gaap

Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Fair Value

AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue

171707000

USD

CY2017Q2

us-gaap

Available For Sale Securities

AvailableForSaleSecurities

1407545000

USD

CY2016Q4

us-gaap

Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value

AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue

143918000

USD

CY2016Q4

us-gaap

Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value

AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue

1508191000

USD

CY2016Q4

us-gaap

Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Fair Value

AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue

441038000

USD

CY2016Q4

us-gaap

Available For Sale Securities Debt Maturities Rolling After Year Ten Fair Value

AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue

7800000

USD

CY2016Q4

us-gaap

Available For Sale Securities

AvailableForSaleSecurities

2100947000

USD

us-gaap

Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities

OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities

1000000.0

USD

us-gaap

Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities

OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities

600000

USD

CY2017Q2

us-gaap

Real Estate Investment Property Accumulated Depreciation

RealEstateInvestmentPropertyAccumulatedDepreciation

140295000

USD

CY2016Q4

us-gaap

Real Estate Investment Property Accumulated Depreciation

RealEstateInvestmentPropertyAccumulatedDepreciation

122007000

USD

CY2017Q2

us-gaap

Real Estate Investment Property Net

RealEstateInvestmentPropertyNet

1006286000

USD

CY2016Q4

us-gaap

Real Estate Investment Property Net

RealEstateInvestmentPropertyNet

822338000

USD

CY2017Q2

us-gaap

Depreciation

7126000

USD

CY2016Q2

us-gaap

Depreciation

6164000

USD

us-gaap

Depreciation

12846000

USD

us-gaap

Depreciation

12268000

USD

CY2017Q2

us-gaap

Amortization Of Deferred Charges

AmortizationOfDeferredCharges

2976000

USD

CY2016Q2

us-gaap

Amortization Of Deferred Charges

AmortizationOfDeferredCharges

3038000

USD

us-gaap

Amortization Of Deferred Charges

AmortizationOfDeferredCharges

5824000

USD

us-gaap

Amortization Of Deferred Charges

AmortizationOfDeferredCharges

6732000

USD

CY2017Q2

us-gaap

Depreciation And Amortization

DepreciationAndAmortization

10102000

USD

CY2016Q2

us-gaap

Depreciation And Amortization

DepreciationAndAmortization

9202000

USD

us-gaap

Depreciation And Amortization

DepreciationAndAmortization

18670000

USD

us-gaap

Depreciation And Amortization

DepreciationAndAmortization

19000000

USD

CY2017Q2

ladr

Depreciation On Corporate Fixed Assets

DepreciationOnCorporateFixedAssets

23000

USD

CY2016Q2

ladr

Depreciation On Corporate Fixed Assets

DepreciationOnCorporateFixedAssets

52000

USD

ladr

Depreciation On Corporate Fixed Assets

DepreciationOnCorporateFixedAssets

47000

USD

ladr

Depreciation On Corporate Fixed Assets

DepreciationOnCorporateFixedAssets

57000

USD

CY2017Q2

us-gaap

Finite Lived Intangible Assets Gross

FiniteLivedIntangibleAssetsGross

182400000

USD

CY2017Q2

us-gaap

Finite Lived Intangible Assets Accumulated Amortization

FiniteLivedIntangibleAssetsAccumulatedAmortization

54300000

USD

CY2017Q2

us-gaap

Finite Lived Intangible Assets Net

FiniteLivedIntangibleAssetsNet

128000000.0

USD

CY2017Q2

ladr

Favorable Unfavorable Lease Intangibles

FavorableUnfavorableLeaseIntangibles

8300000

USD

CY2016Q4

us-gaap

Finite Lived Intangible Assets Gross

FiniteLivedIntangibleAssetsGross

154700000

USD

CY2016Q4

us-gaap

Finite Lived Intangible Assets Accumulated Amortization

FiniteLivedIntangibleAssetsAccumulatedAmortization

48100000

USD

CY2016Q4

us-gaap

Finite Lived Intangible Assets Net

FiniteLivedIntangibleAssetsNet

106600000

USD

CY2016Q4

ladr

Favorable Unfavorable Lease Intangibles

FavorableUnfavorableLeaseIntangibles

7000000.0

USD

CY2017Q2

us-gaap

Amortization Of Below Market Lease

AmortizationOfBelowMarketLease

400000

USD

us-gaap

Amortization Of Below Market Lease

AmortizationOfBelowMarketLease

700000

USD

CY2016Q2

us-gaap

Amortization Of Below Market Lease

AmortizationOfBelowMarketLease

400000

USD

us-gaap

Amortization Of Below Market Lease

AmortizationOfBelowMarketLease

800000

USD

CY2016Q4

ladr

Real Estates Unencumbered

RealEstatesUnencumbered

70300000

USD

CY2017Q2

ladr

Unbilled Rent Receivables

UnbilledRentReceivables

400000

USD

CY2016Q4

ladr

Unbilled Rent Receivables

UnbilledRentReceivables

700000

USD

CY2017Q2

ladr

Real Estates Unencumbered

RealEstatesUnencumbered

94100000

USD

CY2017Q2

us-gaap

Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year

OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear

44472000

USD

CY2017Q2

us-gaap

Operating Leases Future Minimum Payments Receivable In Two Years

OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears

85812000

USD

CY2017Q2

us-gaap

Operating Leases Future Minimum Payments Receivable In Three Years

OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears

80655000

USD

CY2017Q2

us-gaap

Operating Leases Future Minimum Payments Receivable In Four Years

OperatingLeasesFutureMinimumPaymentsReceivableInFourYears

78858000

USD

CY2017Q2

us-gaap

Operating Leases Future Minimum Payments Receivable In Five Years

OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears

74150000

USD

CY2017Q2

us-gaap

Operating Leases Future Minimum Payments Receivable Thereafter

OperatingLeasesFutureMinimumPaymentsReceivableThereafter

636693000

USD

CY2017Q2

us-gaap

Operating Leases Future Minimum Payments Receivable

OperatingLeasesFutureMinimumPaymentsReceivable

1000640000

USD

us-gaap

Business Combination Consideration Transferred1

BusinessCombinationConsiderationTransferred1

182038000

USD

CY2017Q2

us-gaap

Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land

BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand

62043000

USD

CY2017Q2

us-gaap

Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings

BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings

118462000

USD

CY2017Q2

us-gaap

Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles

BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles

27835000

USD

CY2017Q2

ladr

Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Finite Lived Intangibles Below Market Leases

BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedFiniteLivedIntangiblesBelowMarketLeases

26302000

USD

us-gaap

Business Combination Consideration Transferred1

BusinessCombinationConsiderationTransferred1

182038000

USD

us-gaap

Acquired Finite Lived Intangible Assets Weighted Average Useful Life

AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife

P31Y10M24D

CY2017Q2

us-gaap

Business Combination Separately Recognized Transactions Revenues And Gains Recognized

BusinessCombinationSeparatelyRecognizedTransactionsRevenuesAndGainsRecognized

1900000

USD

CY2017Q2

us-gaap

Business Combination Separately Recognized Transactions Net Gains And Losses

BusinessCombinationSeparatelyRecognizedTransactionsNetGainsAndLosses

1500000

USD

us-gaap

Business Combination Separately Recognized Transactions Net Gains And Losses

BusinessCombinationSeparatelyRecognizedTransactionsNetGainsAndLosses

1600000

USD

us-gaap

Business Combination Consideration Transferred1

BusinessCombinationConsiderationTransferred1

16008000

USD

CY2016Q2

us-gaap

Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land

BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand

2984000

USD

CY2016Q2

us-gaap

Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings

BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings

11639000

USD

CY2016Q2

us-gaap

Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles

BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles

2458000

USD

CY2016Q2

ladr

Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Finite Lived Intangibles Below Market Leases

BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedFiniteLivedIntangiblesBelowMarketLeases

1073000

USD

us-gaap

Business Combination Consideration Transferred1

BusinessCombinationConsiderationTransferred1

16008000

USD

us-gaap

Acquired Finite Lived Intangible Assets Weighted Average Useful Life

AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife

P37Y0M0D

CY2016Q2

us-gaap

Business Combination Separately Recognized Transactions Revenues And Gains Recognized

BusinessCombinationSeparatelyRecognizedTransactionsRevenuesAndGainsRecognized

100000

USD

us-gaap

Business Combination Separately Recognized Transactions Revenues And Gains Recognized

BusinessCombinationSeparatelyRecognizedTransactionsRevenuesAndGainsRecognized

100000

USD

CY2016Q2

us-gaap

Business Combination Separately Recognized Transactions Net Gains And Losses

BusinessCombinationSeparatelyRecognizedTransactionsNetGainsAndLosses

-300000

USD

us-gaap

Business Combination Separately Recognized Transactions Net Gains And Losses

BusinessCombinationSeparatelyRecognizedTransactionsNetGainsAndLosses

-300000

USD

CY2017Q2

us-gaap

Equity Method Investments

EquityMethodInvestments

34500000

USD

CY2017Q2

ladr

Numberof Unconsolidated Joint Ventures

NumberofUnconsolidatedJointVentures

1

Joint_Venture

CY2017Q2

us-gaap

Equity Method Investments

EquityMethodInvestments

34520000

USD

CY2016Q4

us-gaap

Equity Method Investments

EquityMethodInvestments

34025000

USD

CY2017Q2

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

10000

USD

CY2016Q2

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

-168000

USD

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

-63000

USD

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

626000

USD

CY2017Q2

us-gaap

Equity Method Investment Summarized Financial Information Assets

EquityMethodInvestmentSummarizedFinancialInformationAssets

144860000

USD

CY2016Q4

us-gaap

Equity Method Investment Summarized Financial Information Assets

EquityMethodInvestmentSummarizedFinancialInformationAssets

138298000

USD

CY2017Q2

us-gaap

Equity Method Investment Summarized Financial Information Liabilities

EquityMethodInvestmentSummarizedFinancialInformationLiabilities

99973000

USD

CY2016Q4

us-gaap

Equity Method Investment Summarized Financial Information Liabilities

EquityMethodInvestmentSummarizedFinancialInformationLiabilities

94964000

USD

CY2017Q2

us-gaap

Equity Method Investment Summarized Financial Information Equity

EquityMethodInvestmentSummarizedFinancialInformationEquity

44887000

USD

CY2016Q4

us-gaap

Equity Method Investment Summarized Financial Information Equity

EquityMethodInvestmentSummarizedFinancialInformationEquity

43334000

USD

CY2017Q2

us-gaap

Equity Method Investment Summarized Financial Information Revenue

EquityMethodInvestmentSummarizedFinancialInformationRevenue

4953000

USD

CY2016Q2

us-gaap

Equity Method Investment Summarized Financial Information Revenue

EquityMethodInvestmentSummarizedFinancialInformationRevenue

3977000

USD

us-gaap

Equity Method Investment Summarized Financial Information Revenue

EquityMethodInvestmentSummarizedFinancialInformationRevenue

8743000

USD

us-gaap

Equity Method Investment Summarized Financial Information Revenue

EquityMethodInvestmentSummarizedFinancialInformationRevenue

8214000

USD

CY2017Q2

ladr

Equity Method Investment Summarized Financial Information Expenses

EquityMethodInvestmentSummarizedFinancialInformationExpenses

1686000

USD

CY2016Q2

ladr

Equity Method Investment Summarized Financial Information Expenses

EquityMethodInvestmentSummarizedFinancialInformationExpenses

3496000

USD

ladr

Equity Method Investment Summarized Financial Information Expenses

EquityMethodInvestmentSummarizedFinancialInformationExpenses

7484000

USD

ladr

Equity Method Investment Summarized Financial Information Expenses

EquityMethodInvestmentSummarizedFinancialInformationExpenses

7912000

USD

CY2017Q2

us-gaap

Equity Method Investment Summarized Financial Information Net Income Loss

EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss

3267000

USD

CY2016Q2

us-gaap

Equity Method Investment Summarized Financial Information Net Income Loss

EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss

481000

USD

us-gaap

Equity Method Investment Summarized Financial Information Net Income Loss

EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss

1259000

USD

us-gaap

Equity Method Investment Summarized Financial Information Net Income Loss

EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss

302000

USD

us-gaap

Schedule Of Repurchase Agreements

ScheduleOfRepurchaseAgreements

The details of the Company’s debt obligations at <span style="font-family:inherit;font-size:10pt;">June 30, 2017</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">December 31, 2016</span><span style="font-family:inherit;font-size:10pt;"> are as follows ($ in thousands):</span><div style="line-height:120%;text-align:left;padding-left:36px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div><div style="line-height:120%;text-align:left;padding-left:36px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">June 30, 2017</span><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"> </span></div><div style="line-height:120%;text-align:left;padding-left:36px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:94.6341463414634%;border-collapse:collapse;text-align:left;"><tr><td colspan="30"/></tr><tr><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:6%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:7%;"/><td style="width:1%;"/><td style="width:4%;"/><td style="width:1%;"/><td style="width:6%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:7%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:6%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:6%;"/><td style="width:1%;"/><td style="width:4%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Debt Obligations</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Committed Financing</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Debt Obligations Outstanding</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Committed but Unfunded</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Interest Rate at June 30, 2017(1)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Current Term Maturity</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Remaining Extension Options</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Eligible Collateral</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Carrying Amount of Collateral</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Fair Value of Collateral</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Committed Loan Repurchase Facility</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>600,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>338,869</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>261,131</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 2.91% - 3.66% </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">10/30/2018</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(2)</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(3)</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>530,153</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>534,040</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Committed Loan Repurchase Facility</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>450,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>230,806</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>219,194</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 3.16% - 3.91% </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">5/24/2018</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(4)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(3)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>397,876</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>399,740</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Committed Loan Repurchase Facility</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>300,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>100,608</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>199,392</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 3.41% - 4.41%</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">4/10/2018</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(5)</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(6)</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>210,971</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>210,971</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Committed Loan Repurchase Facility</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>200,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>137,821</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>62,179</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 3.38% - 4.13%</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">2/29/2020</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(7)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(3)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>175,101</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>207,247</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(8)</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Committed Loan Repurchase Facility</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>100,000</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>40,458</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>59,542</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 3.66% - 3.67%</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">6/28/2019</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">—</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(3)</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>58,835</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>58,835</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Total Committed Loan Repurchase Facilities</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,650,000</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>848,562</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>801,438</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,372,936</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,410,833</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Committed Securities Repurchase Facility</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>400,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>107,965</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>292,035</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 1.23% - 2.31% </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">7/1/2018</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(9)</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>178,166</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>178,166</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Uncommitted Securities Repurchase Facility</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A (10)</span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>193,078</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A (10)</span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 1.35% - 3.05% </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">7/2017 - 9/2017</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(9)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>223,524</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>223,524</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(11)</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Total Repurchase Facilities</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>2,050,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,149,605</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,093,473</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,774,626</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,812,523</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Revolving Credit Facility</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>168,520</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>100,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>68,520</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 4.55% - 6.50%</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">2/11/2018</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(12)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A (13) </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A (13) </span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A (13) </span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Mortgage Loan Financing</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>588,359</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>588,359</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 4.25% - 6.75% </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">2018 - 2026</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(14)</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>742,740</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>877,846</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(15)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Participation Financing - Mortgage Loan Receivable</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>3,834</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>3,834</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>17.00%</span></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">12/6/2017</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(3)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>3,834</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>3,834</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Borrowings from the FHLB</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>2,000,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,400,500</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>599,500</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 0.87% - 2.74% </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">2017 - 2024</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(16)</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,824,470</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,828,620</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Senior Unsecured Notes</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>766,201</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>756,503</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(17)</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 5.250% - 5.875% </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">2017 - 2022</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A (18)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A (18)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A (18)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Total Secured and Unsecured Debt Obligations</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>5,576,914</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>3,998,801</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,761,493</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>4,345,670</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>4,522,823</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Liability for transfers not considered sales</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>632,130</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>632,130</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">4.10% - 5.88%</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">2017 -2027</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(3) (14)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>723,046</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>717,470</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Total Debt Obligations</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;"><span>6,209,044</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;"><span>4,630,931</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;"><span>1,761,493</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;"><span>5,068,716</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;"><span>5,240,293</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr></table></div></div><div style="line-height:120%;padding-left:36px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:29.268292682926827%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"/></tr><tr><td style="width:100%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(1)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">June 30, 2017</span><span style="font-family:inherit;font-size:9pt;"> LIBOR rates are used to calculate interest rates for floating rate debt.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(2)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>Three</span></span><span style="font-family:inherit;font-size:9pt;"> additional </span><span style="font-family:inherit;font-size:9pt;"><span>12</span></span><span style="font-family:inherit;font-size:9pt;">-month periods at Company’s option. No new advances are permitted after the initial maturity date, or if the lender consents, October 30, 2019, the initial extended maturity date.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(3)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">First mortgage commercial real estate loans. It does not include the real estate collateralizing such loans.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(4)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>Three</span></span><span style="font-family:inherit;font-size:9pt;"> additional </span><span style="font-family:inherit;font-size:9pt;"><span>12</span></span><span style="font-family:inherit;font-size:9pt;">-month periods at Company’s option.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(5)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>Two</span></span><span style="font-family:inherit;font-size:9pt;"> additional </span><span style="font-family:inherit;font-size:9pt;"><span>364</span></span><span style="font-family:inherit;font-size:9pt;">-day periods at Company’s option and </span><span style="font-family:inherit;font-size:9pt;"><span>one</span></span><span style="font-family:inherit;font-size:9pt;"> additional </span><span style="font-family:inherit;font-size:9pt;"><span>364</span></span><span style="font-family:inherit;font-size:9pt;">-day period with Bank’s consent.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(6)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">First mortgage and mezzanine commercial real estate loans. It does not include the real estate collateralizing such loans.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(7)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>One</span></span><span style="font-family:inherit;font-size:9pt;"> additional </span><span style="font-family:inherit;font-size:9pt;"><span>12</span></span><span style="font-family:inherit;font-size:9pt;">-month extension period and </span><span style="font-family:inherit;font-size:9pt;"><span>two</span></span><span style="font-family:inherit;font-size:9pt;"> additional </span><span style="font-family:inherit;font-size:9pt;"><span>6</span></span><span style="font-family:inherit;font-size:9pt;">-month extension periods at Company’s option.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(8)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Includes </span><span style="font-family:inherit;font-size:9pt;"><span>$32.1 million</span></span><span style="font-family:inherit;font-size:9pt;"> of loans made to consolidated subsidiaries which are not reflected in these consolidated financial statements.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(9)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Commercial real estate securities. It does not include the real estate collateralizing such securities.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(10)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Represents uncommitted securities repurchase facilities for which there is no committed amount subject to future advances.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(11)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">As more fully described in </span><span style="font-family:inherit;font-size:9pt;">Note 3</span><span style="font-family:inherit;font-size:9pt;">, securities which were purchased from the LCCM LC-26 securitization trust are not reflected in these consolidated financial statements. Includes </span><span style="font-family:inherit;font-size:9pt;"><span>$35.5 million</span></span><span style="font-family:inherit;font-size:9pt;"> of such securities.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(12)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>Three</span></span><span style="font-family:inherit;font-size:9pt;"> additional </span><span style="font-family:inherit;font-size:9pt;"><span>12</span></span><span style="font-family:inherit;font-size:9pt;">-month extension periods at Company’s option.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(13)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">The obligations under the Revolving Credit Facility are guaranteed by the Company and certain of its subsidiaries and secured by equity pledges in certain Company subsidiaries.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(14)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Real estate.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(15)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Using undepreciated carrying value of commercial real estate to approximate fair value.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(16)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">First mortgage commercial real estate loans and investment grade commercial real estate securities. It does not include the real estate collateralizing such loans and securities.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(17)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Presented net of unamortized debt issuance costs of </span><span style="font-family:inherit;font-size:9pt;"><span>$9.7 million</span></span><span style="font-family:inherit;font-size:9pt;"> at </span><span style="font-family:inherit;font-size:9pt;">June 30, 2017</span><span style="font-family:inherit;font-size:9pt;">. </span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(18)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">The obligations under the senior unsecured notes are guaranteed by the Company and certain of its subsidiaries.</span></div></td></tr></table><div style="line-height:120%;padding-left:66px;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><br/></span></div><div style="line-height:120%;text-align:left;padding-left:78px;text-indent:-42px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">December 31, 2016</span></div><div style="line-height:120%;text-align:left;padding-left:36px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:94.6341463414634%;border-collapse:collapse;text-align:left;"><tr><td colspan="30"/></tr><tr><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:6%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:7%;"/><td style="width:1%;"/><td style="width:4%;"/><td style="width:1%;"/><td style="width:6%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:7%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:6%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:6%;"/><td style="width:1%;"/><td style="width:4%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Debt Obligations</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Committed Financing</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Debt Obligations Outstanding</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Committed but Unfunded</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Interest Rate at December 31, 2016(1)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Current Term Maturity</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Remaining Extension Options</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Eligible Collateral</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Carrying Amount of Collateral</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Fair Value of Collateral</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Committed Loan Repurchase Facility</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>600,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>183,604</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>416,396</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 2.45% - 3.27% </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">10/30/2018</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(2)</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(3)</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>292,628</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>293,618</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Committed Loan Repurchase Facility</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>450,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>184,158</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>265,842</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 2.95% - 3.70% </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">5/24/2017</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(4)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(3)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>286,848</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>288,267</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Committed Loan Repurchase Facility</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>400,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>100,979</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>299,021</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 2.95% - 3.99%</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">4/9/2017</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(5)</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(6)</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>235,878</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>236,696</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Committed Loan Repurchase Facility</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>100,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>27,132</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>72,868</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 2.90% - 3.13%</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">6/28/2019</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">—</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(3)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>36,166</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>36,410</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Committed Loan Repurchase Facility</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>100,000</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>71,290</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>28,710</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 2.93% - 3.68%</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">8/2/2019</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(7)</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(3)</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>110,271</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>110,897</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Total Committed Loan Repurchase Facilities</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,650,000</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>567,163</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,082,837</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>961,791</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>965,888</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Committed Securities Repurchase Facility</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>400,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>228,317</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>171,683</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 1.00% - 2.59% </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">7/1/2018</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(8)</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>272,402</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>272,402</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Uncommitted Securities Repurchase Facility</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A (9)</span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>311,705</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A (9)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 1.00% - 2.41% </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">1/2017 - 3/2017</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(8)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>368,638</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>368,638</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Total Repurchase Facilities</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>2,050,000</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,107,185</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,254,520</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,602,831</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,606,928</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Revolving Credit Facility</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>143,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>25,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>118,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">3.16%</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">2/11/2017</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(10)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A (11)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A (11)</span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A (11)</span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Mortgage Loan Financing</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>590,106</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>590,106</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 4.25% - 6.75% </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">2018 - 2026</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(12)</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>757,468</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>875,160</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(13)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Borrowings from the FHLB</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,998,931</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,660,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>338,931</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 0.43% - 2.74% </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">2017 - 2024</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(14)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>2,162,779</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>2,167,017</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">Senior Unsecured Notes</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>563,872</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>559,847</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">(15)</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> 5.875% - 7.375% </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;">2017 - 2021</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A (16)</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A (16)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"> N/A (16)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Total Secured and Unsecured Debt Obligations</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>5,345,909</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>3,942,138</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>1,711,451</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>4,523,078</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;"><span>4,649,105</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">Total Debt Obligations</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;"><span>5,345,909</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;"><span>3,942,138</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;"><span>1,711,451</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;"><span>4,523,078</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:7pt;"><span style="font-family:inherit;font-size:7pt;font-weight:bold;"><span>4,649,105</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr></table></div></div><div style="line-height:120%;padding-left:36px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:29.268292682926827%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"/></tr><tr><td style="width:100%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(1)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">December 31, 2016</span><span style="font-family:inherit;font-size:9pt;"> LIBOR rates are used to calculate interest rates for floating rate debt.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(2)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>Three</span></span><span style="font-family:inherit;font-size:9pt;"> additional </span><span style="font-family:inherit;font-size:9pt;"><span>12</span></span><span style="font-family:inherit;font-size:9pt;">-month periods at Company’s option. No new advances are permitted after the initial maturity date, or if the lender consents, October 30, 2019, the initial extended maturity date.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(3)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">First mortgage commercial real estate loans. It does not include the real estate collateralizing such loans.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(4)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>Three</span></span><span style="font-family:inherit;font-size:9pt;"> additional </span><span style="font-family:inherit;font-size:9pt;"><span>12</span></span><span style="font-family:inherit;font-size:9pt;">-month periods at Company’s option.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(5)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>Two</span></span><span style="font-family:inherit;font-size:9pt;"> additional </span><span style="font-family:inherit;font-size:9pt;"><span>364</span></span><span style="font-family:inherit;font-size:9pt;">-day periods at Company’s option.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(6)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">First mortgage and mezzanine commercial real estate loans. It does not include the real estate collateralizing such loans.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(7)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>One</span></span><span style="font-family:inherit;font-size:9pt;"> additional </span><span style="font-family:inherit;font-size:9pt;"><span>12</span></span><span style="font-family:inherit;font-size:9pt;">-month extension period and </span><span style="font-family:inherit;font-size:9pt;"><span>two</span></span><span style="font-family:inherit;font-size:9pt;"> additional </span><span style="font-family:inherit;font-size:9pt;"><span>6</span></span><span style="font-family:inherit;font-size:9pt;">-month extension periods at Company’s option.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(8)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Commercial real estate securities. It does not include the real estate collateralizing such securities.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(9)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Represents uncommitted securities repurchase facilities for which there is no committed amount subject to future advances.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(10)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;"><span>Two</span></span><span style="font-family:inherit;font-size:9pt;"> additional </span><span style="font-family:inherit;font-size:9pt;"><span>12</span></span><span style="font-family:inherit;font-size:9pt;">-month extension periods at Company’s option.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(11)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">The obligations under the Revolving Credit Facility are guaranteed by the Company and certain of its subsidiaries and secured by equity pledges in certain Company subsidiaries.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(12)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Real estate.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(13)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Using undepreciated carrying value of commercial real estate to approximate fair value.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(14)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">First mortgage commercial real estate loans and investment grade commercial real estate securities. It does not include the real estate collateralizing such loans and securities.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(15)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">Presented net of unamortized debt issuance costs of </span><span style="font-family:inherit;font-size:9pt;"><span>$4.0 million</span></span><span style="font-family:inherit;font-size:9pt;"> at </span><span style="font-family:inherit;font-size:9pt;">December 31, 2016</span><span style="font-family:inherit;font-size:9pt;">.</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:66px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:36px;"><span style="font-family:inherit;font-size:9pt;">(16)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">The obligations under the senior unsecured notes are guaranteed by the Company and certain of its subsidiaries.</span></div></td></tr></table><br/>

CY2017Q2

ladr

Percentof Fhlb Advancesto Total Debt Obligations Outstanding

PercentofFHLBAdvancestoTotalDebtObligationsOutstanding

0.302

CY2017Q2

us-gaap

Mortgage Loans On Real Estate Cost Of Mortgages Sold

MortgageLoansOnRealEstateCostOfMortgagesSold

625700000

USD

CY2017Q2

ladr

Real Estate Securities Risk Retention Requirement Amount

RealEstateSecuritiesRiskRetentionRequirementAmount

12900000

USD

CY2017Q2

ladr

Mortgage Loans On Real Estate Risk Retention Requirement Percentage

MortgageLoansOnRealEstateRiskRetentionRequirementPercentage

0.02

CY2017Q2

ladr

Mortgage Loans On Real Estate Sold Horizontal Interest Percentage

MortgageLoansOnRealEstateSoldHorizontalInterestPercentage

0.03

CY2017Q2

ladr

Mortgage Loans On Real Estate Controlling Classes Percentage

MortgageLoansOnRealEstateControllingClassesPercentage

0.98

CY2017Q2

ladr

Mortgage Loans On Real Estate Risk Retention Requirement Percentage

MortgageLoansOnRealEstateRiskRetentionRequirementPercentage

0.02

CY2017Q2

ladr

Real Estate Securities Held For Sale Not Recognized For Accounting Purposes

RealEstateSecuritiesHeldForSaleNotRecognizedForAccountingPurposes

62700000

USD

CY2017Q2

us-gaap

Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year

LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear

682611000

USD

CY2017Q2

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Two

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo

1221376000

USD

CY2017Q2

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Three

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree

216350000

USD

CY2017Q2

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Four

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour

118377000

USD

CY2017Q2

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Five

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive

426923000

USD

CY2017Q2

us-gaap

Long Term Debt Maturities Repayments Of Principal After Year Five

LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive

1974746000

USD

CY2017Q2

us-gaap

Debt And Capital Lease Obligations

DebtAndCapitalLeaseObligations

4640383000

USD

CY2017Q2

us-gaap

Debt Instrument Unamortized Premium

DebtInstrumentUnamortizedPremium

5118000

USD

CY2017Q2

ladr

Debt Obligations

DebtObligations

4630931000

USD

CY2017Q2

us-gaap

Retained Earnings Appropriated

RetainedEarningsAppropriated

899400000

USD

CY2017Q2

us-gaap

Loans And Leases Receivable Allowance

LoansAndLeasesReceivableAllowance

4000000

USD

CY2017Q2

us-gaap

Assets Fair Value Disclosure

AssetsFairValueDisclosure

3526105000

USD

CY2017Q2

us-gaap

Liabilities Fair Value Disclosure

LiabilitiesFairValueDisclosure

4672069000

USD

CY2016Q4

us-gaap

Loans And Leases Receivable Allowance

LoansAndLeasesReceivableAllowance

4000000

USD

CY2016Q4

us-gaap

Assets Fair Value Disclosure

AssetsFairValueDisclosure

2452785000

USD

CY2016Q4

us-gaap

Liabilities Fair Value Disclosure

LiabilitiesFairValueDisclosure

3940704000

USD

CY2016Q4

us-gaap

Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value

FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue

2100947000

USD

CY2015Q4

us-gaap

Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value

FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue

2407217000

USD

us-gaap

Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3

FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3

0

USD

us-gaap

Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3

FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3

0

USD

us-gaap

Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases

FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases

75931000

USD

us-gaap

Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases

FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases

530506000

USD

us-gaap

Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales

FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales

669807000

USD

us-gaap

Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales

FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales

129633000

USD

us-gaap

Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements

FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements

81747000

USD

us-gaap

Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements

FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements

135614000

USD

ladr

Fair Value Measurementwith Unobservable Inputs Reconciliation Recurring Basis Asset Amortizationof Premiumor Discount

FairValueMeasurementwithUnobservableInputsReconciliationRecurringBasisAssetAmortizationofPremiumorDiscount

36656000

USD

ladr

Fair Value Measurementwith Unobservable Inputs Reconciliation Recurring Basis Asset Amortizationof Premiumor Discount

FairValueMeasurementwithUnobservableInputsReconciliationRecurringBasisAssetAmortizationofPremiumorDiscount

36591000

USD

us-gaap

Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss

FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss

6383000

USD

us-gaap

Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss

FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss

61927000

USD

us-gaap

Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1

FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1

12494000

USD

us-gaap

Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1

FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1

2398000

USD

CY2017Q2

us-gaap

Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value

FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue

1407545000

USD

CY2016Q2

us-gaap

Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value

FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue

2700210000

USD

CY2017Q2

invest

Derivative Notional Amount

DerivativeNotionalAmount

738600000

USD

CY2017Q2

us-gaap

Derivative Assets

DerivativeAssets

4554000

USD

CY2017Q2

us-gaap

Derivative Liabilities

DerivativeLiabilities

4276000

USD

CY2016Q4

invest

Derivative Notional Amount

DerivativeNotionalAmount

947400000

USD

CY2016Q4

us-gaap

Derivative Assets

DerivativeAssets

5018000

USD

CY2016Q4

us-gaap

Derivative Liabilities

DerivativeLiabilities

3446000

USD

CY2017Q2

ladr

Unrealized Gain Or Loss On Derivatives

UnrealizedGainOrLossOnDerivatives

4340000

USD

CY2017Q2

us-gaap

Derivative Gain Loss On Derivative Net

DerivativeGainLossOnDerivativeNet

-20362000

USD

CY2017Q2

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

-16022000

USD

ladr

Unrealized Gain Or Loss On Derivatives

UnrealizedGainOrLossOnDerivatives

-1309000

USD

CY2016Q4

us-gaap

Derivative Asset Fair Value Gross Liability

DerivativeAssetFairValueGrossLiability

0

USD

us-gaap

Derivative Gain Loss On Derivative Net

DerivativeGainLossOnDerivativeNet

-16694000

USD

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

-18003000

USD

CY2016Q2

ladr

Unrealized Gain Or Loss On Derivatives

UnrealizedGainOrLossOnDerivatives

-14025000

USD

CY2016Q2

us-gaap

Derivative Gain Loss On Derivative Net

DerivativeGainLossOnDerivativeNet

-10617000

USD

CY2016Q2

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

-24642000

USD

ladr

Unrealized Gain Or Loss On Derivatives

UnrealizedGainOrLossOnDerivatives

-23656000

USD

us-gaap

Derivative Gain Loss On Derivative Net

DerivativeGainLossOnDerivativeNet

-51848000

USD

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

-75504000

USD

CY2017Q2

us-gaap

Restricted Cash And Cash Equivalents

RestrictedCashAndCashEquivalents

12800000

USD

CY2016Q4

us-gaap

Restricted Cash And Cash Equivalents

RestrictedCashAndCashEquivalents

11300000

USD

CY2017Q2

us-gaap

Collateral Already Posted Aggregate Fair Value

CollateralAlreadyPostedAggregateFairValue

4500000

USD

CY2016Q4

us-gaap

Collateral Already Posted Aggregate Fair Value

CollateralAlreadyPostedAggregateFairValue

6200000

USD

CY2017Q2

us-gaap

Derivative Fair Value Of Derivative Asset

DerivativeFairValueOfDerivativeAsset

4554000

USD

CY2017Q2

us-gaap

Derivative Asset Fair Value Gross Liability

DerivativeAssetFairValueGrossLiability

0

USD

CY2017Q2

us-gaap

Derivative Assets

DerivativeAssets

4554000

USD

CY2017Q2

ladr

Derivative Collateral Obligation To Return Financial Instruments

DerivativeCollateralObligationToReturnFinancialInstruments

0

USD

CY2017Q2

us-gaap

Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral

DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral

4554000

USD

CY2017Q2

us-gaap

Derivative Fair Value Of Derivative Asset

DerivativeFairValueOfDerivativeAsset

4554000

USD

CY2017Q2

us-gaap

Derivative Asset Fair Value Gross Liability

DerivativeAssetFairValueGrossLiability

0

USD

CY2017Q2

us-gaap

Derivative Assets

DerivativeAssets

4554000

USD

CY2017Q2

ladr

Derivative Collateral Obligation To Return Financial Instruments

DerivativeCollateralObligationToReturnFinancialInstruments

0

USD

CY2017Q2

us-gaap

Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral

DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral

4554000

USD

CY2017Q2

us-gaap

Derivative Fair Value Of Derivative Liability

DerivativeFairValueOfDerivativeLiability

4276000

USD

CY2017Q2

us-gaap

Derivative Liability Fair Value Gross Asset

DerivativeLiabilityFairValueGrossAsset

0

USD

CY2017Q2

us-gaap

Derivative Liabilities

DerivativeLiabilities

4276000

USD

CY2017Q2

ladr

Derivative Collateral Right To Reclaim Financial Instruments

DerivativeCollateralRightToReclaimFinancialInstruments

0

USD

CY2017Q2

us-gaap

Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral

DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral

0

USD

CY2017Q2

us-gaap

Securities Sold Under Agreements To Repurchase Gross

SecuritiesSoldUnderAgreementsToRepurchaseGross

1149605000

USD

CY2017Q2

us-gaap

Securities Sold Under Agreements To Repurchase Asset

SecuritiesSoldUnderAgreementsToRepurchaseAsset

0

USD

CY2017Q2

us-gaap

Securities Sold Under Agreements To Repurchase

SecuritiesSoldUnderAgreementsToRepurchase

1149605000

USD

CY2017Q2

ladr

Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Financial Instruments

SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimFinancialInstruments

1149605000

USD

CY2017Q2

us-gaap

Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral

SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral

0

USD

CY2017Q2

us-gaap

Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross

1153881000

USD

CY2017Q2

us-gaap

Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset

0

USD

CY2017Q2

us-gaap

Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned

1153881000

USD

CY2017Q2

ladr

Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Financial Instruments

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimFinancialInstruments

1149605000

USD

CY2017Q2

us-gaap

Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral

0

USD

CY2016Q4

us-gaap

Derivative Fair Value Of Derivative Asset

DerivativeFairValueOfDerivativeAsset

5018000

USD

CY2016Q4

us-gaap

Derivative Assets

DerivativeAssets

5018000

USD

CY2016Q4

ladr

Derivative Collateral Obligation To Return Financial Instruments

DerivativeCollateralObligationToReturnFinancialInstruments

0

USD

CY2016Q4

us-gaap

Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral

DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral

5018000

USD

CY2016Q4

us-gaap

Derivative Fair Value Of Derivative Asset

DerivativeFairValueOfDerivativeAsset

5018000

USD

CY2016Q4

us-gaap

Derivative Asset Fair Value Gross Liability

DerivativeAssetFairValueGrossLiability

0

USD

CY2016Q4

us-gaap

Derivative Assets

DerivativeAssets

5018000

USD

CY2016Q4

ladr

Derivative Collateral Obligation To Return Financial Instruments

DerivativeCollateralObligationToReturnFinancialInstruments

0

USD

CY2016Q4

us-gaap

Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral

DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral

5018000

USD

CY2016Q4

us-gaap

Derivative Fair Value Of Derivative Liability

DerivativeFairValueOfDerivativeLiability

3446000

USD

CY2016Q4

us-gaap

Derivative Liability Fair Value Gross Asset

DerivativeLiabilityFairValueGrossAsset

0

USD

CY2016Q4

us-gaap

Derivative Liabilities

DerivativeLiabilities

3446000

USD

CY2016Q4

ladr

Derivative Collateral Right To Reclaim Financial Instruments

DerivativeCollateralRightToReclaimFinancialInstruments

0

USD

CY2016Q4

us-gaap

Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral

DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral

0

USD

CY2016Q4

us-gaap

Securities Sold Under Agreements To Repurchase Gross

SecuritiesSoldUnderAgreementsToRepurchaseGross

1107185000

USD

CY2016Q4

us-gaap

Securities Sold Under Agreements To Repurchase Asset

SecuritiesSoldUnderAgreementsToRepurchaseAsset

0

USD

CY2016Q4

us-gaap

Securities Sold Under Agreements To Repurchase

SecuritiesSoldUnderAgreementsToRepurchase

1107185000

USD

CY2016Q4

ladr

Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Financial Instruments

SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimFinancialInstruments

1107185000

USD

CY2016Q4

us-gaap

Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral

SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral

0

USD

CY2016Q4

us-gaap

Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross

1110631000

USD

CY2016Q4

us-gaap

Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset

0

USD

CY2016Q4

us-gaap

Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned

1110631000

USD

CY2016Q4

ladr

Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Financial Instruments

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimFinancialInstruments

1107185000

USD

CY2016Q4

us-gaap

Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral

0

USD

ladr

Number Of Classes Of Common Stock

NumberOfClassesOfCommonStock

2

Class_of_Stock

CY2015Q1

ladr

Earningsand Profits Ep Distribution Requirement

EarningsandProfitsEPDistributionRequirement

48300000

USD

CY2015Q1

ladr

Earningsand Profits Ep Distribution Requirement Dividendper Share

EarningsandProfitsEPDistributionRequirementDividendperShare

0.90

CY2017Q2

ladr

Numberof Consolidated Joint Ventures

NumberofConsolidatedJointVentures

8

Joint_Venture

CY2017Q2

us-gaap

Allocated Share Based Compensation Expense

AllocatedShareBasedCompensationExpense

1512000

USD

CY2016Q2

us-gaap

Allocated Share Based Compensation Expense

AllocatedShareBasedCompensationExpense

4654000

USD

us-gaap

Allocated Share Based Compensation Expense

AllocatedShareBasedCompensationExpense

8766000

USD

us-gaap

Allocated Share Based Compensation Expense

AllocatedShareBasedCompensationExpense

8118000

USD

CY2017Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

80108431

shares

CY2016Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

61170006

shares

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

76510201

shares

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

60383447

shares

CY2017Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

110055308

shares

CY2016Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

61976962

shares

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

109693706

shares

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

60383447

shares

CY2017Q2

us-gaap

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

EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized

9200000

USD

us-gaap

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

EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1

P37M0D

CY2016Q2

us-gaap

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

EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized

15300000

USD

us-gaap

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

EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1

P32M0D

CY2017Q1

ladr

Bonuses Paid

BonusesPaid

39500000

USD

CY2017Q1

us-gaap

Deferred Compensation Arrangement With Individual Allocated Share Based Compensation Expense

DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense

10200000

USD

CY2016Q1

ladr

Bonuses Paid

BonusesPaid

46800000

USD

CY2016Q1

us-gaap

Deferred Compensation Arrangement With Individual Allocated Share Based Compensation Expense

DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense

10300000

USD

CY2017Q2

us-gaap

Deferred Compensation Arrangement With Individual Compensation Expense

DeferredCompensationArrangementWithIndividualCompensationExpense

9300000

USD

us-gaap

Deferred Compensation Arrangement With Individual Compensation Expense

DeferredCompensationArrangementWithIndividualCompensationExpense

12400000

USD

CY2016Q2

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Deferred Compensation Arrangement With Individual Compensation Expense

DeferredCompensationArrangementWithIndividualCompensationExpense

4700000

USD

us-gaap

Deferred Compensation Arrangement With Individual Compensation Expense

DeferredCompensationArrangementWithIndividualCompensationExpense

9300000

USD

CY2017Q2

us-gaap

Current Income Tax Expense Benefit

CurrentIncomeTaxExpenseBenefit

-400000

USD

us-gaap

Current Income Tax Expense Benefit

CurrentIncomeTaxExpenseBenefit

1800000

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CY2016Q2

us-gaap

Current Income Tax Expense Benefit

CurrentIncomeTaxExpenseBenefit

2400000

USD

us-gaap

Current Income Tax Expense Benefit

CurrentIncomeTaxExpenseBenefit

3500000

USD

CY2017Q2

us-gaap

Deferred Income Tax Expense Benefit

DeferredIncomeTaxExpenseBenefit

-1100000

USD

us-gaap

Deferred Income Tax Expense Benefit

DeferredIncomeTaxExpenseBenefit

-4600000

USD

CY2017Q2

us-gaap

Operating Leases Future Minimum Payments Due Thereafter

OperatingLeasesFutureMinimumPaymentsDueThereafter

99000

USD

CY2016Q2

us-gaap

Deferred Income Tax Expense Benefit

DeferredIncomeTaxExpenseBenefit

-4700000

USD

us-gaap

Deferred Income Tax Expense Benefit

DeferredIncomeTaxExpenseBenefit

-6700000

USD

CY2017Q2

us-gaap

Deferred Tax Assets Capital Loss Carryforwards

DeferredTaxAssetsCapitalLossCarryforwards

10300000

USD

CY2017Q2

us-gaap

Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued

UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued

0

USD

ladr

Percentage Of Applicable Cash Saving In Income Tax Distributable To Specified Unitholders

PercentageOfApplicableCashSavingInIncomeTaxDistributableToSpecifiedUnitholders

0.85

ladr

Percentage Of Applicable Cash Saving In Income Tax Available For Entity

PercentageOfApplicableCashSavingInIncomeTaxAvailableForEntity

0.15

CY2011Q4

ladr

Operating Lease Number Of Extension Options

OperatingLeaseNumberOfExtensionOptions

0

Extension_Option

CY2012Q2

ladr

Operating Lease Number Of Extension Options

OperatingLeaseNumberOfExtensionOptions

0

Extension_Option

CY2017Q2

us-gaap

Lease And Rental Expense

LeaseAndRentalExpense

300000

USD

us-gaap

Lease And Rental Expense

LeaseAndRentalExpense

600000

USD

CY2016Q2

us-gaap

Lease And Rental Expense

LeaseAndRentalExpense

300000

USD

us-gaap

Lease And Rental Expense

LeaseAndRentalExpense

600000

USD

CY2017Q2

us-gaap

Operating Leases Future Minimum Payments Remainder Of Fiscal Year

OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear

628000

USD

CY2017Q2

us-gaap

Operating Leases Future Minimum Payments Due In Two Years

OperatingLeasesFutureMinimumPaymentsDueInTwoYears

1206000

USD

CY2017Q2

us-gaap

Operating Leases Future Minimum Payments Due In Three Years

OperatingLeasesFutureMinimumPaymentsDueInThreeYears

1180000

USD

CY2017Q2

us-gaap

Operating Leases Future Minimum Payments Due In Four Years

OperatingLeasesFutureMinimumPaymentsDueInFourYears

1180000

USD

CY2017Q2

us-gaap

Operating Leases Future Minimum Payments Due In Five Years

OperatingLeasesFutureMinimumPaymentsDueInFiveYears

1180000

USD

CY2017Q2

us-gaap

Operating Leases Future Minimum Payments Due

OperatingLeasesFutureMinimumPaymentsDue

5473000

USD

us-gaap

Number Of Reportable Segments

NumberOfReportableSegments

3

segment

CY2017Q2

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

66136000

USD

CY2017Q2

us-gaap

Interest Expense

InterestExpense

35604000

USD

CY2017Q2

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

30532000

USD

CY2017Q2

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

0

USD

CY2017Q2

us-gaap

Interest Income Expense After Provision For Loan Loss

InterestIncomeExpenseAfterProvisionForLoanLoss

30532000

USD

CY2017Q2

us-gaap

Operating Leases Income Statement Lease Revenue

OperatingLeasesIncomeStatementLeaseRevenue

22187000

USD

CY2017Q2

us-gaap

Tenant Reimbursements

TenantReimbursements

1159000

USD

CY2017Q2

us-gaap

Gain Loss On Sale Of Securities Net

GainLossOnSaleOfSecuritiesNet

7132000

USD

CY2017Q2

us-gaap

Unrealized Gain Loss On Securities

UnrealizedGainLossOnSecurities

299000

USD

CY2017Q2

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

2232000

USD

CY2017Q2

us-gaap

Fees And Commissions

FeesAndCommissions

4574000

USD

CY2017Q2

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

-16022000

USD

CY2016Q2

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

9254000

USD

CY2017Q2

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

10000

USD

CY2017Q2

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

21571000

USD

CY2017Q2

us-gaap

Labor And Related Expense

LaborAndRelatedExpense

14489000

USD

CY2017Q2

us-gaap

Operating Expenses

OperatingExpenses

5829000

USD

CY2017Q2

ladr

Real Estate Operating Expenses

RealEstateOperatingExpenses

8056000

USD

CY2017Q2

ladr

Fee Expenses

FeeExpenses

1621000

USD

CY2017Q2

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

10125000

USD

CY2017Q2

us-gaap

Costs And Expenses

CostsAndExpenses

40120000

USD

CY2017Q2

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

-1449000

USD

CY2017Q2

us-gaap

Profit Loss

ProfitLoss

13432000

USD

CY2017Q2

us-gaap

Assets

6218124000

USD

CY2016Q2

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

55766000

USD

CY2016Q2

us-gaap

Interest Expense

InterestExpense

28402000

USD

CY2016Q2

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

27364000

USD

CY2016Q2

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

150000

USD

CY2016Q2

us-gaap

Interest Income Expense After Provision For Loan Loss

InterestIncomeExpenseAfterProvisionForLoanLoss

27214000

USD

CY2016Q2

us-gaap

Operating Leases Income Statement Lease Revenue

OperatingLeasesIncomeStatementLeaseRevenue

19085000

USD

CY2016Q2

us-gaap

Tenant Reimbursements

TenantReimbursements

1324000

USD

CY2016Q2

us-gaap

Gain Loss On Sales Of Loans Net

GainLossOnSalesOfLoansNet

2795000

USD

CY2016Q2

us-gaap

Gain Loss On Sale Of Securities Net

GainLossOnSaleOfSecuritiesNet

2971000

USD

CY2016Q2

us-gaap

Unrealized Gain Loss On Securities

UnrealizedGainLossOnSecurities

-584000

USD

CY2016Q2

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

4873000

USD

CY2016Q2

us-gaap

Fees And Commissions

FeesAndCommissions

6181000

USD

CY2016Q2

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

-24642000

USD

CY2016Q2

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

-168000

USD

CY2016Q2

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

11835000

USD

CY2016Q2

us-gaap

Labor And Related Expense

LaborAndRelatedExpense

13432000

USD

CY2016Q2

us-gaap

Operating Expenses

OperatingExpenses

4713000

USD

CY2016Q2

ladr

Real Estate Operating Expenses

RealEstateOperatingExpenses

9133000

USD

CY2016Q2

ladr

Fee Expenses

FeeExpenses

873000

USD

CY2016Q2

us-gaap

Costs And Expenses

CostsAndExpenses

37405000

USD

CY2016Q2

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

-2301000

USD

CY2016Q2

us-gaap

Profit Loss

ProfitLoss

3945000

USD

CY2016Q4

us-gaap

Assets

5578337000

USD

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

123647000

USD

us-gaap

Interest Expense

InterestExpense

67019000

USD

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

56628000

USD

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

0

USD

us-gaap

Interest Income Expense After Provision For Loan Loss

InterestIncomeExpenseAfterProvisionForLoanLoss

56628000

USD

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

5382000

USD

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

4765000

USD

us-gaap

Labor And Related Expense

LaborAndRelatedExpense

26047000

USD

us-gaap

Operating Leases Income Statement Lease Revenue

OperatingLeasesIncomeStatementLeaseRevenue

41816000

USD

us-gaap

Tenant Reimbursements

TenantReimbursements

2739000

USD

us-gaap

Gain Loss On Sales Of Loans Net

GainLossOnSalesOfLoansNet

-999000

USD

us-gaap

Gain Loss On Sale Of Securities Net

GainLossOnSaleOfSecuritiesNet

12494000

USD

us-gaap

Unrealized Gain Loss On Securities

UnrealizedGainLossOnSecurities

457000

USD

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

4563000

USD

us-gaap

Fees And Commissions

FeesAndCommissions

9040000

USD

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

-18003000

USD

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

-63000

USD

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

-54000

USD

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

51990000

USD

us-gaap

Labor And Related Expense

LaborAndRelatedExpense

30531000

USD

us-gaap

Operating Expenses

OperatingExpenses

11308000

USD

ladr

Real Estate Operating Expenses

RealEstateOperatingExpenses

15510000

USD

ladr

Fee Expenses

FeeExpenses

2314000

USD

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

18717000

USD

us-gaap

Costs And Expenses

CostsAndExpenses

78380000

USD

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

-2824000

USD

us-gaap

Profit Loss

ProfitLoss

33062000

USD

CY2017Q2

us-gaap

Assets

6218124000

USD

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

115366000

USD

us-gaap

Interest Expense

InterestExpense

57938000

USD

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

57428000

USD

us-gaap

Provision For Loan Losses Expensed

ProvisionForLoanLossesExpensed

300000

USD

us-gaap

Interest Income Expense After Provision For Loan Loss

InterestIncomeExpenseAfterProvisionForLoanLoss

57128000

USD

us-gaap

Operating Leases Income Statement Lease Revenue

OperatingLeasesIncomeStatementLeaseRevenue

38379000

USD

us-gaap

Tenant Reimbursements

TenantReimbursements

2659000

USD

us-gaap

Gain Loss On Sales Of Loans Net

GainLossOnSalesOfLoansNet

10625000

USD

us-gaap

Gain Loss On Sale Of Securities Net

GainLossOnSaleOfSecuritiesNet

2398000

USD

us-gaap

Unrealized Gain Loss On Securities

UnrealizedGainLossOnSecurities

76000

USD

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

10968000

USD

us-gaap

Fees And Commissions

FeesAndCommissions

9156000

USD

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

-75504000

USD

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

626000

USD

us-gaap

Operating Expenses

OperatingExpenses

11008000

USD

ladr

Real Estate Operating Expenses

RealEstateOperatingExpenses

14852000

USD

ladr

Fee Expenses

FeeExpenses

1603000

USD

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

19057000

USD

us-gaap

Costs And Expenses

CostsAndExpenses

72567000

USD

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

-3174000

USD

us-gaap

Profit Loss

ProfitLoss

-7500000

USD

CY2016Q4

us-gaap

Assets

5578337000

USD

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$LADR
Ladder Capital Corp Stock $ladr

2017 Q2 Form 10-Q Financial Statement

#000157767017000016 Filed on August 03, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LADR Ladder Capital Corp Stock $ladr

2017 Q2 Form 10-Q Financial Statement

#000157767017000016 Filed on August 03, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LADR
Ladder Capital Corp Stock $ladr