$ladr 2024 Q4 10-K

Concept	2024 Q4	2024
Revenue		$358.6M
YoY Change		-11.95%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization		$32.33M
YoY Change		8.07%
% of Gross Profit
Operating Expenses		$19.19M
YoY Change		-1.59%
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net		$148.2M
YoY Change		16.59%
Pretax Income		$110.9M
YoY Change		5.87%
Income Tax		$3.448M
% Of Pretax Income		3.11%
Net Earnings		$107.4M
YoY Change		6.91%
Net Earnings / Revenue		29.96%
Basic Earnings Per Share		$0.86
Diluted Earnings Per Share		$0.86
COMMON SHARES
Basic Shares Outstanding		125.6M shares
Diluted Shares Outstanding		125.8M shares

Concept	2024 Q4	2024
OPERATING ACTIVITIES
Net Income		$107.4M
YoY Change		6.91%
Depreciation, Depletion And Amortization		$32.33M
YoY Change		8.07%
Cash From Operating Activities		$133.9M
YoY Change		-25.85%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities		$932.8M
YoY Change		17.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$6.532M
YoY Change		163.28%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		-$796.6M
YoY Change		42.82%
NET CHANGE
Cash From Operating Activities		$133.9M
Cash From Investing Activities		$932.8M
Cash From Financing Activities		-$796.6M
Net Change In Cash		$270.1M
YoY Change		-35.13%
FREE CASH FLOW
Cash From Operating Activities		$133.9M
Capital Expenditures
Free Cash Flow
YoY Change

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	8987000	usd
CY2024Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1532939000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1533561000	usd
CY2023	ladr	Proceeds From Sale Of Securities ProceedsFromSaleOfSecurities	17838000	usd
CY2022	ladr	Proceeds From Sale Of Securities ProceedsFromSaleOfSecurities	5780000	usd
CY2024	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	6497000	usd
CY2023	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	4374000	usd
CY2024	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	102285000	usd
CY2024Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1346039000	usd
CY2024	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3448000	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4244000	usd
CY2024	us-gaap	Profit Loss ProfitLoss	107447000	usd
CY2023	us-gaap	Profit Loss ProfitLoss	100501000	usd
CY2022	us-gaap	Profit Loss ProfitLoss	165305000	usd
CY2023	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	-624000	usd
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.14
CY2024	dei	Entity Central Index Key EntityCentralIndexKey	0001577670
CY2024	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2024	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2024	dei	Amendment Flag AmendmentFlag	false
CY2024	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2024Q4	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q4	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q4	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q4	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q4	us-gaap	Financing Receivable Accrued Interest After Allowance For Credit Loss Statement Of Financial Position Extensible List FinancingReceivableAccruedInterestAfterAllowanceForCreditLossStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#InterestReceivable
CY2024Q4	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#OtherLiabilities
CY2024Q4	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#OtherAssets
CY2024	dei	Entity Address City Or Town EntityAddressCityOrTown	New York,
CY2024	dei	Entity Address State Or Province EntityAddressStateOrProvince	NY
CY2024	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	10022
CY2024	dei	City Area Code CityAreaCode	212
CY2024	dei	Local Phone Number LocalPhoneNumber	715-3170
CY2024	dei	Security12b Title Security12bTitle	Class A common stock, $0.001 par value
CY2024	dei	Trading Symbol TradingSymbol	LADR
CY2024	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2024	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2024	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2024	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2024	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2024	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2024	dei	Entity Small Business EntitySmallBusiness	false
CY2024	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2024	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	true
CY2024	dei	Entity Shell Company EntityShellCompany	false
CY2024	dei	Document Fin Stmt Error Correction Flag DocumentFinStmtErrorCorrectionFlag	false
CY2024Q2	dei	Entity Public Float EntityPublicFloat	1276191725	usd
CY2024	cyd	Cybersecurity Risk Materially Affected Or Reasonably Likely To Materially Affect Registrant Flag CybersecurityRiskMateriallyAffectedOrReasonablyLikelyToMateriallyAffectRegistrantFlag	false
CY2024	dei	Document Annual Report DocumentAnnualReport	true
CY2023	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	7862000	usd
CY2022	ladr	Payments To Acquire Loans And Leases Held For Investment And Origination Of Loans PaymentsToAcquireLoansAndLeasesHeldForInvestmentAndOriginationOfLoans	1234765000	usd
CY2024	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	1626554000	usd
CY2023	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	738464000	usd
CY2022	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	909766000	usd
CY2024	ladr	Payments To Acquire Securities PaymentsToAcquireSecurities	898042000	usd
CY2023	ladr	Payments To Acquire Securities PaymentsToAcquireSecurities	143953000	usd
CY2022	ladr	Payments To Acquire Securities PaymentsToAcquireSecurities	96173000	usd
CY2024	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	276641000	usd
CY2023	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	232124000	usd
CY2022	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	184838000	usd
CY2024	ladr	Proceeds Of Basis Recovery Of Agency Interest Only Securities ProceedsOfBasisRecoveryOfAgencyInterestOnlySecurities	3357000	usd
CY2023	ladr	Proceeds Of Basis Recovery Of Agency Interest Only Securities ProceedsOfBasisRecoveryOfAgencyInterestOnlySecurities	4116000	usd
CY2022	ladr	Proceeds Of Basis Recovery Of Agency Interest Only Securities ProceedsOfBasisRecoveryOfAgencyInterestOnlySecurities	4960000	usd
CY2024	ladr	Proceeds From Sale Of Securities ProceedsFromSaleOfSecurities	32190000	usd
CY2022	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	6949000	usd
CY2023	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	13391000	usd
CY2022	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	310527000	usd
CY2024	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	13125000	usd
CY2023	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	0	usd
CY2022	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	0	usd
CY2024	us-gaap	Proceeds From Divestiture Of Interest In Joint Venture ProceedsFromDivestitureOfInterestInJointVenture	0	usd
CY2023	us-gaap	Proceeds From Divestiture Of Interest In Joint Venture ProceedsFromDivestitureOfInterestInJointVenture	0	usd
CY2022	us-gaap	Proceeds From Divestiture Of Interest In Joint Venture ProceedsFromDivestitureOfInterestInJointVenture	2284000	usd
CY2024	us-gaap	Proceeds From Sale Of Federal Reserve Stock ProceedsFromSaleOfFederalReserveStock	5175000	usd
CY2023	us-gaap	Proceeds From Sale Of Federal Reserve Stock ProceedsFromSaleOfFederalReserveStock	4410000	usd
CY2022	us-gaap	Proceeds From Sale Of Federal Reserve Stock ProceedsFromSaleOfFederalReserveStock	2250000	usd
CY2024	us-gaap	Payments For Derivative Instrument Investing Activities PaymentsForDerivativeInstrumentInvestingActivities	1119000	usd
CY2023	us-gaap	Payments For Derivative Instrument Investing Activities PaymentsForDerivativeInstrumentInvestingActivities	223000	usd
CY2022	us-gaap	Payments For Derivative Instrument Investing Activities PaymentsForDerivativeInstrumentInvestingActivities	1097000	usd
CY2024	us-gaap	Proceeds From Derivative Instrument Investing Activities ProceedsFromDerivativeInstrumentInvestingActivities	574000	usd
CY2023	us-gaap	Proceeds From Derivative Instrument Investing Activities ProceedsFromDerivativeInstrumentInvestingActivities	125000	usd
CY2022	us-gaap	Proceeds From Derivative Instrument Investing Activities ProceedsFromDerivativeInstrumentInvestingActivities	169000	usd
CY2024	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	932761000	usd
CY2023	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	793503000	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	81590000	usd
CY2024	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	18321000	usd
CY2023	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	3378000	usd
CY2022	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	8311000	usd
CY2024	ladr	Proceedsfrom Borrowing Under Debt Obligations ProceedsfromBorrowingUnderDebtObligations	667974000	usd
CY2023	ladr	Proceedsfrom Borrowing Under Debt Obligations ProceedsfromBorrowingUnderDebtObligations	921008000	usd
CY2022	ladr	Proceedsfrom Borrowing Under Debt Obligations ProceedsfromBorrowingUnderDebtObligations	2426666000	usd
CY2024	ladr	Repayments And Repurchase Of Borrowings Under Debt Obligations RepaymentsAndRepurchaseOfBorrowingsUnderDebtObligations	1312770000	usd
CY2023	ladr	Repayments And Repurchase Of Borrowings Under Debt Obligations RepaymentsAndRepurchaseOfBorrowingsUnderDebtObligations	1348093000	usd
CY2022	ladr	Repayments And Repurchase Of Borrowings Under Debt Obligations RepaymentsAndRepurchaseOfBorrowingsUnderDebtObligations	2412961000	usd
CY2024	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	117710000	usd
CY2023	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	116419000	usd
CY2022	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	107011000	usd
CY2024	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	0	usd
CY2023	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	0	usd
CY2022	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	186000	usd
CY2024	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	333000	usd
CY2023	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	541000	usd
CY2022	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	115998000	usd
CY2024	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	18700000	usd
CY2023	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	8931000	usd
CY2022	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	14861000	usd
CY2024	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	5420000	usd
CY2023	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	1481000	usd
CY2022	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	12360000	usd
CY2024	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-79000	usd
CY2023	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	758000	usd
CY2022	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1410000	usd
CY2024	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	188000	usd
CY2023	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	10718000	usd
CY2022	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	685000	usd
CY2024	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	148217000	usd
CY2022	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	29541000	usd
CY2024	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	8894000	usd
CY2023	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	7862000	usd
CY2022	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	11356000	usd
CY2024	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	6532000	usd
CY2023	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	2481000	usd
CY2022	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	7916000	usd
CY2024	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-796586000	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-557766000	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-150244000	usd
CY2024	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	270096000	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	416341000	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	38056000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1075943000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	659602000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	621546000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1075943000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	659602000	usd
CY2024	us-gaap	Interest Paid Net InterestPaidNet	199426000	usd
CY2023	us-gaap	Interest Paid Net InterestPaidNet	233637000	usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet	177977000	usd
CY2024	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1864000	usd
CY2023	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-2402000	usd
CY2022	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-1169000	usd
CY2024	ladr	Other Significant Noncash Transaction Securitiesand Derivatives Purchased OtherSignificantNoncashTransactionSecuritiesandDerivativesPurchased	15000	usd
CY2023	ladr	Other Significant Noncash Transaction Securitiesand Derivatives Purchased OtherSignificantNoncashTransactionSecuritiesandDerivativesPurchased	0	usd
CY2022	ladr	Other Significant Noncash Transaction Securitiesand Derivatives Purchased OtherSignificantNoncashTransactionSecuritiesandDerivativesPurchased	2953000	usd
CY2024	ladr	Other Significant Noncash Transaction Securities Sold OtherSignificantNoncashTransactionSecuritiesSold	0	usd
CY2023	ladr	Other Significant Noncash Transaction Securities Sold OtherSignificantNoncashTransactionSecuritiesSold	0	usd
CY2022	ladr	Other Significant Noncash Transaction Securities Sold OtherSignificantNoncashTransactionSecuritiesSold	10000	usd
CY2024	ladr	Other Significant Noncash Transaction Repurchase Of Shares OtherSignificantNoncashTransactionRepurchaseOfShares	-1511000	usd
CY2023	ladr	Other Significant Noncash Transaction Repurchase Of Shares OtherSignificantNoncashTransactionRepurchaseOfShares	0	usd
CY2022	ladr	Other Significant Noncash Transaction Repurchase Of Shares OtherSignificantNoncashTransactionRepurchaseOfShares	0	usd
CY2024	ladr	Increase Decrease In Transit Of Mortgage Loans Receivable Held For Investment IncreaseDecreaseInTransitOfMortgageLoansReceivableHeldForInvestment	101956000	usd
CY2023	ladr	Increase Decrease In Transit Of Mortgage Loans Receivable Held For Investment IncreaseDecreaseInTransitOfMortgageLoansReceivableHeldForInvestment	7867000	usd
CY2022	ladr	Increase Decrease In Transit Of Mortgage Loans Receivable Held For Investment IncreaseDecreaseInTransitOfMortgageLoansReceivableHeldForInvestment	18928000	usd
CY2024	ladr	Non Cash Disposal Of Loans Through Foreclosure NonCashDisposalOfLoansThroughForeclosure	-52975000	usd
CY2023	ladr	Non Cash Disposal Of Loans Through Foreclosure NonCashDisposalOfLoansThroughForeclosure	-91408000	usd
CY2022	ladr	Non Cash Disposal Of Loans Through Foreclosure NonCashDisposalOfLoansThroughForeclosure	0	usd
CY2024	ladr	Transfer To Other Real Estate And Real Estate Held For Sale From Business Acquisitions TransferToOtherRealEstateAndRealEstateHeldForSaleFromBusinessAcquisitions	48796000	usd
CY2023	ladr	Transfer To Other Real Estate And Real Estate Held For Sale From Business Acquisitions TransferToOtherRealEstateAndRealEstateHeldForSaleFromBusinessAcquisitions	87526000	usd
CY2022	ladr	Transfer To Other Real Estate And Real Estate Held For Sale From Business Acquisitions TransferToOtherRealEstateAndRealEstateHeldForSaleFromBusinessAcquisitions	9386000	usd
CY2024	ladr	Settlementof Saleof Real Estate Net SettlementofSaleofRealEstateNet	0	usd
CY2023	ladr	Settlementof Saleof Real Estate Net SettlementofSaleofRealEstateNet	-31292000	usd
CY2022	ladr	Settlementof Saleof Real Estate Net SettlementofSaleofRealEstateNet	0	usd
CY2024	ladr	Non Cash Settlement Of Debt Obligations Net Sale Of Real Estate NonCashSettlementOfDebtObligationsNetSaleOfRealEstate	0	usd
CY2023	ladr	Non Cash Settlement Of Debt Obligations Net Sale Of Real Estate NonCashSettlementOfDebtObligationsNetSaleOfRealEstate	31292000	usd
CY2022	ladr	Non Cash Settlement Of Debt Obligations Net Sale Of Real Estate NonCashSettlementOfDebtObligationsNetSaleOfRealEstate	0	usd
CY2023	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	127123000	usd
CY2022	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	251072000	usd
CY2024	ladr	Transfer To Other Real Estate From Joint Venture TransferToOtherRealEstateFromJointVenture	0	usd
CY2023	ladr	Transfer To Other Real Estate From Joint Venture TransferToOtherRealEstateFromJointVenture	0	usd
CY2022	ladr	Transfer To Other Real Estate From Joint Venture TransferToOtherRealEstateFromJointVenture	15436000	usd
CY2024Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	31838000	usd
CY2023Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	32294000	usd
CY2022Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	32000000	usd
CY2024Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1323481000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1015678000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	609078000	usd
CY2024Q4	us-gaap	Restricted Cash And Investments RestrictedCashAndInvestments	12608000	usd
CY2023Q4	us-gaap	Restricted Cash And Investments RestrictedCashAndInvestments	15450000	usd
CY2022Q4	us-gaap	Restricted Cash And Investments RestrictedCashAndInvestments	50524000	usd
CY2024Q4	ladr	Debt Securities Available For Sale Not Yet Settled DebtSecuritiesAvailableForSaleNotYetSettled	9950000	usd
CY2023Q4	ladr	Debt Securities Available For Sale Not Yet Settled DebtSecuritiesAvailableForSaleNotYetSettled	44815000	usd
CY2022Q4	ladr	Debt Securities Available For Sale Not Yet Settled DebtSecuritiesAvailableForSaleNotYetSettled	0	usd
CY2024Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1346039000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1075943000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	659602000	usd
CY2024	cyd	Cybersecurity Risk Management Processes Integrated Flag CybersecurityRiskManagementProcessesIntegratedFlag	true
CY2024	cyd	Cybersecurity Risk Management Positions Or Committees Responsible Flag CybersecurityRiskManagementPositionsOrCommitteesResponsibleFlag	true
CY2024	cyd	Cybersecurity Risk Management Third Party Engaged Flag CybersecurityRiskManagementThirdPartyEngagedFlag	true
CY2024	cyd	Cybersecurity Risk Third Party Oversight And Identification Processes Flag CybersecurityRiskThirdPartyOversightAndIdentificationProcessesFlag	true
CY2024	cyd	Cybersecurity Risk Management Positions Or Committees Responsible Report To Board Flag CybersecurityRiskManagementPositionsOrCommitteesResponsibleReportToBoardFlag	true
CY2024	dei	Auditor Firm AuditorFirmId	42
CY2024	dei	Auditor Name AuditorName	Ernst & Young LLP
CY2024	dei	Auditor Location AuditorLocation	New York, New York
CY2024	dei	Auditor Name AuditorName	Ernst & Young LLP
CY2024	dei	Auditor Location AuditorLocation	New York, New York
CY2024Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1323481000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1015678000	usd
CY2024Q4	us-gaap	Restricted Cash RestrictedCash	12608000	usd
CY2023Q4	us-gaap	Restricted Cash RestrictedCash	15450000	usd
CY2024Q4	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	1591322000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	3155089000	usd
CY2024Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Current FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestCurrent	52323000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Current FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestCurrent	43165000	usd
CY2024Q4	us-gaap	Loans Receivable Held For Sale Net Not Part Of Disposal Group LoansReceivableHeldForSaleNetNotPartOfDisposalGroup	26898000	usd
CY2023Q4	us-gaap	Loans Receivable Held For Sale Net Not Part Of Disposal Group LoansReceivableHeldForSaleNetNotPartOfDisposalGroup	26868000	usd
CY2024Q4	ladr	Debt Securities Available For Sale And Fvni DebtSecuritiesAvailableForSaleAndFVNI	1080839000	usd
CY2023Q4	ladr	Debt Securities Available For Sale And Fvni DebtSecuritiesAvailableForSaleAndFVNI	485533000	usd
CY2024Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	670803000	usd
CY2023Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	726442000	usd
CY2024Q4	us-gaap	Equity Method Investments EquityMethodInvestments	19923000	usd
CY2023Q4	us-gaap	Equity Method Investments EquityMethodInvestments	6877000	usd
CY2024Q4	us-gaap	Derivative Assets Liabilities At Fair Value Net DerivativeAssetsLiabilitiesAtFairValueNet	437000	usd
CY2023Q4	us-gaap	Derivative Assets Liabilities At Fair Value Net DerivativeAssetsLiabilitiesAtFairValueNet	1454000	usd
CY2024Q4	us-gaap	Interest Receivable InterestReceivable	12936000	usd
CY2023Q4	us-gaap	Interest Receivable InterestReceivable	24233000	usd
CY2024Q4	us-gaap	Other Assets OtherAssets	158149000	usd
CY2023Q4	us-gaap	Other Assets OtherAssets	98218000	usd
CY2024Q4	us-gaap	Assets Assets	4845073000	usd
CY2023Q4	us-gaap	Assets Assets	5512677000	usd
CY2024Q4	ladr	Secured And Unsecured Debt Obligations SecuredAndUnsecuredDebtObligations	3135617000	usd
CY2023Q4	ladr	Secured And Unsecured Debt Obligations SecuredAndUnsecuredDebtObligations	3783946000	usd
CY2024Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	31838000	usd
CY2023Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	32294000	usd
CY2024Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	74824000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	65144000	usd
CY2024Q4	us-gaap	Other Liabilities OtherLiabilities	69855000	usd
CY2023Q4	us-gaap	Other Liabilities OtherLiabilities	99095000	usd
CY2024Q4	us-gaap	Liabilities Liabilities	3312134000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	3980479000	usd
CY2024Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
CY2024Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1777118000	usd
CY2023Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1756750000	usd
CY2024Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	2776538	shares
CY2023Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	1115789	shares
CY2024Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	30475000	usd
CY2023Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	12001000	usd
CY2024Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-206874000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-197875000	usd
CY2024Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-4866000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-13853000	usd
CY2024Q4	us-gaap	Stockholders Equity StockholdersEquity	1535030000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	1533148000	usd
CY2024Q4	us-gaap	Minority Interest In Joint Ventures MinorityInterestInJointVentures	-2091000	usd
CY2023Q4	us-gaap	Minority Interest In Joint Ventures MinorityInterestInJointVentures	-950000	usd
CY2024Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1532939000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1532198000	usd
CY2024Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4845073000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5512677000	usd
CY2024	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	358625000	usd
CY2023	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	407284000	usd
CY2022	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	293520000	usd
CY2024	us-gaap	Interest Expense Operating InterestExpenseOperating	221537000	usd
CY2023	us-gaap	Interest Expense Operating InterestExpenseOperating	245097000	usd
CY2022	us-gaap	Interest Expense Operating InterestExpenseOperating	195602000	usd
CY2024	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	137088000	usd
CY2023	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	162187000	usd
CY2022	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	97918000	usd
CY2024	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	13933000	usd
CY2023	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	25096000	usd
CY2022	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	3711000	usd
CY2024	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	123155000	usd
CY2023	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	137091000	usd
CY2022	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	94207000	usd
CY2024	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	98681000	usd
CY2024	us-gaap	Labor And Related Expense LaborAndRelatedExpense	60671000	usd
CY2023	us-gaap	Labor And Related Expense LaborAndRelatedExpense	63618000	usd
CY2022	us-gaap	Labor And Related Expense LaborAndRelatedExpense	75836000	usd
CY2024	us-gaap	Operating Expenses OperatingExpenses	19193000	usd
CY2023	us-gaap	Operating Expenses OperatingExpenses	19503000	usd
CY2022	us-gaap	Operating Expenses OperatingExpenses	20716000	usd
CY2024	ladr	Real Estate Operating Expenses RealEstateOperatingExpenses	40568000	usd
CY2023	ladr	Real Estate Operating Expenses RealEstateOperatingExpenses	37587000	usd
CY2022	ladr	Real Estate Operating Expenses RealEstateOperatingExpenses	38605000	usd
CY2024	us-gaap	Investment Income Investment Expense InvestmentIncomeInvestmentExpense	7718000	usd
CY2023	us-gaap	Investment Income Investment Expense InvestmentIncomeInvestmentExpense	8847000	usd
CY2022	us-gaap	Investment Income Investment Expense InvestmentIncomeInvestmentExpense	7235000	usd
CY2024	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	32327000	usd
CY2023	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	29914000	usd
CY2022	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	32673000	usd
CY2024	us-gaap	Costs And Expenses CostsAndExpenses	160477000	usd
CY2023	us-gaap	Costs And Expenses CostsAndExpenses	159469000	usd
CY2022	us-gaap	Costs And Expenses CostsAndExpenses	175065000	usd
CY2024	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	110895000	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	104745000	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	170214000	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4909000	usd
CY2024	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	-808000	usd
CY2022	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	23088000	usd
CY2024	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.86
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.81
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.81
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.13
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	124301421	shares
CY2024	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	9107000	usd
CY2024	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax	120000	usd
CY2023	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax	-281000	usd
CY2024	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	8987000	usd
CY2023	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	7156000	usd
CY2022	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-16897000	usd
CY2024	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	116434000	usd
CY2023	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	107657000	usd
CY2022	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	148408000	usd
CY2024	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	-808000	usd
CY2023	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	-624000	usd
CY2022	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	23088000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1532198000	usd
CY2024	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	333000	usd
CY2024	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	18829000	usd
CY2024	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	2000	usd
CY2024	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	8043000	usd
CY2024	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	8894000	usd
CY2024	us-gaap	Stock Issued During Period Value Share Based Compensation Forfeited StockIssuedDuringPeriodValueShareBasedCompensationForfeited	0	usd
CY2024	us-gaap	Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings	117254000	usd
CY2024	us-gaap	Profit Loss ProfitLoss	107447000	usd
CY2023	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	541000	usd
CY2023	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	18577000	usd
CY2023	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	2481000	usd
CY2023	us-gaap	Stock Issued During Period Value Treasury Stock Reissued StockIssuedDuringPeriodValueTreasuryStockReissued	0	usd
CY2023	us-gaap	Stock Issued During Period Value Share Based Compensation Forfeited StockIssuedDuringPeriodValueShareBasedCompensationForfeited	0	usd
CY2023	us-gaap	Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings	116713000	usd
CY2023	us-gaap	Profit Loss ProfitLoss	100501000	usd
CY2023	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	7156000	usd
CY2023	us-gaap	Treasury Stock Retired Cost Method Amount TreasuryStockRetiredCostMethodAmount	0	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1532198000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1513619000	usd
CY2022	us-gaap	Partners Capital Account Contributions PartnersCapitalAccountContributions	186000	usd
CY2022	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	29541000	usd
CY2022	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	31584000	usd
CY2022	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	0	usd
CY2022	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	7919000	usd
CY2022	us-gaap	Stock Issued During Period Value Treasury Stock Reissued StockIssuedDuringPeriodValueTreasuryStockReissued	0	usd
CY2022	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	11356000	usd
CY2022	us-gaap	Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings	111420000	usd
CY2022	us-gaap	Profit Loss ProfitLoss	165305000	usd
CY2022	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-16897000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1533561000	usd
CY2024	us-gaap	Profit Loss ProfitLoss	107447000	usd
CY2023	us-gaap	Profit Loss ProfitLoss	100501000	usd
CY2022	us-gaap	Profit Loss ProfitLoss	165305000	usd
CY2024	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	188000	usd
CY2023	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	10718000	usd
CY2022	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	685000	usd
CY2024	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	32327000	usd
CY2023	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	29914000	usd
CY2022	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	32673000	usd
CY2024	us-gaap	Operating Lease Expense OperatingLeaseExpense	331000	usd
CY2023	us-gaap	Operating Lease Expense OperatingLeaseExpense	1522000	usd
CY2022	us-gaap	Operating Lease Expense OperatingLeaseExpense	0	usd
CY2024	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-1860000	usd
CY2023	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-390000	usd
CY2022	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	645000	usd
CY2024	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	-925000	usd
CY2023	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	25000	usd
CY2022	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	-41000	usd
CY2024	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	13933000	usd
CY2023	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	25096000	usd
CY2022	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	3711000	usd
CY2024	us-gaap	Share Based Compensation ShareBasedCompensation	18829000	usd
CY2023	us-gaap	Share Based Compensation ShareBasedCompensation	18577000	usd
CY2022	us-gaap	Share Based Compensation ShareBasedCompensation	31584000	usd
CY2024	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	10560000	usd
CY2023	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	12428000	usd
CY2022	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	15565000	usd
CY2024	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-767000	usd
CY2023	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-604000	usd
CY2022	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-731000	usd
CY2024	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-1700000	usd
CY2023	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-1797000	usd
CY2022	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-1763000	usd
CY2024	ladr	Accretion Amortizationof Discountsand Premiums Loans AccretionAmortizationofDiscountsandPremiumsLoans	14619000	usd
CY2023	ladr	Accretion Amortizationof Discountsand Premiums Loans AccretionAmortizationofDiscountsandPremiumsLoans	19046000	usd
CY2022	ladr	Accretion Amortizationof Discountsand Premiums Loans AccretionAmortizationofDiscountsandPremiumsLoans	20759000	usd
CY2024	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	1097000	usd
CY2023	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	1352000	usd
CY2022	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	827000	usd
CY2024	ladr	Loss Gain On Sales Of Loans Held For Sale LossGainOnSalesOfLoansHeldForSale	30000	usd
CY2022	ladr	Debt And Equity Securities Realized Gain DebtAndEquitySecuritiesRealizedGain	-73000	usd
CY2022	us-gaap	Gain Loss On Sale Of Derivatives GainLossOnSaleOfDerivatives	64000	usd
CY2024	ladr	Income Loss From Equity Method Investments Additional Interest IncomeLossFromEquityMethodInvestmentsAdditionalInterest	-79000	usd
CY2023	ladr	Income Loss From Equity Method Investments Additional Interest IncomeLossFromEquityMethodInvestmentsAdditionalInterest	658000	usd
CY2022	ladr	Income Loss From Equity Method Investments Additional Interest IncomeLossFromEquityMethodInvestmentsAdditionalInterest	785000	usd
CY2024	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	0	usd
CY2023	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	0	usd
CY2022	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	61318000	usd
CY2024	us-gaap	Proceeds From Collection Of Mortgage Loans Held For Sale ProceedsFromCollectionOfMortgageLoansHeldForSale	0	usd
CY2023	us-gaap	Proceeds From Collection Of Mortgage Loans Held For Sale ProceedsFromCollectionOfMortgageLoansHeldForSale	0	usd
CY2022	us-gaap	Proceeds From Collection Of Mortgage Loans Held For Sale ProceedsFromCollectionOfMortgageLoansHeldForSale	68000	usd
CY2024	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	0	usd
CY2023	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	0	usd
CY2022	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	29151000	usd
CY2024	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-1684000	usd
CY2023	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-1182000	usd
CY2022	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	505000	usd
CY2024	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	-11297000	usd
CY2023	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	-706000	usd
CY2022	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	11294000	usd
CY2024	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	939000	usd
CY2023	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-7559000	usd
CY2022	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-4470000	usd
CY2024	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-20264000	usd
CY2023	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	96950000	usd
CY2022	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	108269000	usd
CY2024	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	30000	usd
CY2023	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	-523000	usd
CY2023	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	24647000	usd
CY2022	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	36932000	usd
CY2024	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	133921000	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	180604000	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	106710000	usd
CY2022	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	-2511000	usd
CY2024	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	25277000	usd
CY2023	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	8808000	usd
CY2024	ladr	Payments To Acquire Loans And Leases Held For Investment And Origination Of Loans PaymentsToAcquireLoansAndLeasesHeldForInvestmentAndOriginationOfLoans	195232000	usd
CY2023	ladr	Payments To Acquire Loans And Leases Held For Investment And Origination Of Loans PaymentsToAcquireLoansAndLeasesHeldForInvestmentAndOriginationOfLoans	68415000	usd
CY2024Q4	ladr	Number Of Unconsolidated Ventures Variable Interest Entities NumberOfUnconsolidatedVenturesVariableInterestEntities	2	unconsolidatedventure
CY2024	us-gaap	Use Of Estimates UseOfEstimates	<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements in conformity with GAAP 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="padding-left:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.8pt">valuation of real estate securities;</span></div><div style="padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.8pt">valuation of mortgage loan receivables held for sale;</span></div><div style="padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.8pt">valuation of real estate;</span></div><div style="padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.8pt">allocation of purchase price for acquired real estate, including real estate acquired via foreclosure;</span></div><div style="padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.8pt">impairment, and useful lives, of real estate;</span></div><div style="padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.8pt">useful lives of intangible assets;</span></div><div style="padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.8pt">valuation of derivative instruments;</span></div><div style="padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.8pt">valuation of deferred tax asset (liability);</span></div><div style="padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.8pt">determination of effective yield for recognition of interest income;</span></div><div style="padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.8pt">adequacy of current expected credit losses (“CECL”) including the valuation of underlying collateral for collateral-dependent loans;</span></div><div style="padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.8pt">determination of impairment of real estate securities and investments in and advances to unconsolidated ventures;</span></div><div style="padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.8pt">certain estimates and assumptions used in the accrual of incentive compensation and calculation of the fair value of equity compensation issued to employees; and</span></div><div style="padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:13.8pt">determination of the effective tax rate for income tax provision.</span></div>
CY2024	us-gaap	Property Plant And Equipment Impairment PropertyPlantAndEquipmentImpairment	<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Impairment of Property Held for Use</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On a periodic basis, management assesses whether there are any indicators that the value of the Company’s properties classified as held for use may be impaired. In addition to identifying any specific circumstances which may affect a property or properties, management considers other criteria for determining which properties may require assessment for potential impairment. The criteria considered by management include reviewing low leased percentages, significant near-term lease expirations, recently acquired properties, historical, current and projected operating and/or cash flow losses, near-term mortgage debt maturities or other factors that might impact the Company’s intent and ability to hold the property. A property’s value is impaired only if management’s estimate of the aggregate future cash flows (undiscounted and without debt service charges) to be generated by the property is less than the carrying value of the property. To the extent impairment has occurred, the loss shall be measured as the excess of the carrying amount of the property over the fair value of the property. The Company’s estimates of aggregate future cash flows expected to be generated by each property are based on a number of assumptions. These assumptions are generally based on management’s experience in its local real estate markets and the effects of current market conditions. The assumptions are subject to economic and market uncertainties including, among others, demand for space, competition for tenants, changes in market rental rates, and costs to operate each property. As these factors are difficult to predict and are subject to future events that may alter management’s assumptions, the future cash flows estimated by management in its impairment analyses may not be achieved, and actual losses or impairments may be realized in the future.</span></div>
CY2024Q4	us-gaap	Federal Home Loan Bank Stock FederalHomeLoanBankStock	0	usd
CY2023Q4	us-gaap	Federal Home Loan Bank Stock FederalHomeLoanBankStock	5200000	usd
CY2024	us-gaap	Revenue Recognition Interest RevenueRecognitionInterest	<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Interest Income</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interest income is accrued based on the outstanding principal amount and contractual terms of the Company’s loans and securities. Discounts or premiums associated with the purchase of loans and investment securities are amortized or accreted into interest income as a yield adjustment on the effective interest method, based on expected cash flows through the expected recovery period of the investment. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company applies the provisions of ASC 310-20 for our high credit quality securities rated AA or above. The effective yield on securities is based on the projected cash flows from each security, which is estimated based on the Company’s observation of the then current information and events and will include assumptions related to interest rates, prepayment rates and the timing and amount of credit losses. On at least a quarterly basis, the Company reviews and, if appropriate, makes adjustments to its cash flow projections based on input and analysis received from external sources, internal models, and its judgment about interest rates, prepayment rates, the timing and amount of credit losses (if applicable), and other factors. Changes in cash flows from those originally projected, or from those estimated at the last evaluation, may result in a retrospective change in the yield/interest income recognized on such securities. Actual maturities of the securities are affected by the contractual lives of the associated mortgage collateral, periodic payments of scheduled principal, and repayments of principal. Therefore, actual maturities of the securities will generally be shorter than stated contractual maturities.</span></div><div style="text-indent:27pt"><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For loans classified as held for investment and that the Company has not elected to record at fair value under ASC 825, origination fees and direct loan origination costs are recognized in interest income over the loan term as a yield adjustment using the effective interest method. For loans classified as held for sale and that the Company has not elected to record at fair value under ASC 825, origination fees and direct loan origination costs are deferred adjusting the basis of the loan and are realized as a portion of the gain/(loss) on sale of loans when sold. As of December 31, 2024 and 2023, the Company did not hold any loans for which the fair value option was elected.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company applies the provisions in ASC 325-40 for our securities rated below AA, cash flows from a security are estimated by applying assumptions used to determine the fair value of such security and the excess of the future cash flows over the investment are recognized as interest income under the effective yield method. The Company will review and, if appropriate, make adjustments to, its cash flow projections at least quarterly and monitor these projections based on input and analysis received from external sources and its judgment about interest rates, prepayment rates, the timing and amount of credit losses and other factors. Changes in cash flows from those originally projected, or from those estimated at the last evaluation, may result in a prospective change in interest income recognized and amortization of any premium or discount on, or the carrying value of, such securities.</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For investments purchased that either meet the definition of a purchased financial asset with credit deterioration (“PCD”) or where there is significant difference between contractual cash flows and expected cash flows, the Company applies the PCD guidance in ASC 326-30. ASC 326-30 requires an initial estimate of expected credit losses to be recognized through an adjustment to the amortized cost basis of the financial asset (i.e., a balance sheet gross up) with no impact to earnings. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of the date of acquisition, the amount of expected credit losses is added to the purchase price of the security to establish the initial amortized cost basis. Any difference between the amortized cost basis (purchase price plus the initial allowance for credit losses) and the par amount of the security is considered to be a non-credit discount/premium and will be accreted/amortized into interest income using the interest method.</span></div>When assessing whether the credit quality of the asset has deteriorated, the Company compares the credit quality of the asset at the time of origination with the credit quality at the time of acquisition. An asset that was originated with low credit quality should not be considered to be PCD if there has not been a more-than-insignificant deterioration in credit since origination.
CY2024	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	125576784	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	124301421	shares
CY2024	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	125785295	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	125823671	shares
CY2024	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	274353	shares
CY2023	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	367001	shares
CY2024	ladr	Share Based Payment Arrangement Expense Excluding Options Exercised ShareBasedPaymentArrangementExpenseExcludingOptionsExercised	18829000	usd
CY2023	ladr	Share Based Payment Arrangement Expense Excluding Options Exercised ShareBasedPaymentArrangementExpenseExcludingOptionsExercised	18577000	usd
CY2022	ladr	Share Based Payment Arrangement Expense Excluding Options Exercised ShareBasedPaymentArrangementExpenseExcludingOptionsExercised	31584000	usd
CY2024	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	18829000	usd
CY2023	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	18577000	usd
CY2022	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	31584000	usd
CY2024	us-gaap	Revenue Recognition Leases RevenueRecognitionLeases	<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Recognition of Operating Lease Income and Tenant Recoveries</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain arrangements may contain both lease and non-lease components. The Company determines if an arrangement is, or contains, a lease at contract inception. Only the lease components of these contractual arrangements are subject to the provisions of ASC 842. Any non-lease components are subject to other applicable accounting guidance. We elected, however, to adopt the optional practical expedient not to separate lease components from non-lease components for accounting purposes. This policy election has been adopted for each of the Company’s leased asset classes existing as of the effective date and subject to the transition provisions of ASC 842 - Leases, will be applied to all new or modified leases executed on or after January 1, 2019. For contractual arrangements executed in subsequent periods involving a new leased asset class, the Company will determine at contract inception whether it will apply the optional practical expedient to the new leased asset class.</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain of the Company’s real estate is leased to others on a net lease basis where the tenant is generally responsible for payment of real estate taxes, property, building and general liability insurance and property and building maintenance. These leases are for fixed terms of varying length and provide for annual rentals. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Rental income from operating leases is recognized in real estate operating income on a straight-line basis, generally from the later of the date the lessee takes possession of the space or the space is ready for its intended use. If the Company acquires a facility subject to an existing operating lease, the Company will recognize operating lease income on the straight-line method beginning on the date of acquisition over the term of the respective leases. The amount of future lease payments may be increased to include additional payments related to lease extension options when the Company has determined the extension options are reasonably certain to be exercised. The cumulative excess of rents recognized over amounts contractually due pursuant to the underlying leases are included in unbilled rent receivable within other assets in the consolidated balance sheets. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Tenant reimbursements, which consist of real estate taxes and other municipal charges paid by the Company, which were reimbursable by our tenants pursuant to the terms of the lease agreements, are recognized as revenue in the period during which the applicable expenses are incurred. Tenant reimbursements are included in real estate operating income on the Company’s consolidated statements of income.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company moves to cash basis for operating lease income recognition in the period in which collectability of all lease payments is no longer considered probable. At such time, any operating lease receivable or unbilled rent receivable balance will be written off. If and when lease payments that were previously not considered probable of collection become probable, the Company will move back to the straight-line method of income recognition and record an adjustment to operating lease income in that period as if the lease was always on the straight-line method of income recognition.</span></div>
CY2024	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Reclassification</span></div>The Company recognized unrealized and realized gain (loss) on securities into fee and other income for the year ended December 31, 2024. As such, the unrealized gain (loss) of $29 thousand and $(86) thousand and realized gain (loss) of $(276) thousand and $(73) thousand for the year ended December 31, 2023 and December 31, 2022, respectively, were reclassified into fee and other income on the consolidated statements of income.
CY2023	us-gaap	Debt And Equity Securities Unrealized Gain Loss DebtAndEquitySecuritiesUnrealizedGainLoss	29000	usd
CY2022	us-gaap	Debt And Equity Securities Unrealized Gain Loss DebtAndEquitySecuritiesUnrealizedGainLoss	-86000	usd
CY2023	us-gaap	Debt And Equity Securities Realized Gain Loss DebtAndEquitySecuritiesRealizedGainLoss	-276000	usd
CY2022	us-gaap	Debt And Equity Securities Realized Gain Loss DebtAndEquitySecuritiesRealizedGainLoss	-73000	usd
CY2024Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	52323000	usd
CY2024Q4	ladr	Mortgage Loans On Real Estate Face Amount Of Mortgages Balance Sheet Date MortgageLoansOnRealEstateFaceAmountOfMortgagesBalanceSheetDate	1627627000	usd
CY2024Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	1565897000	usd
CY2024	srt	Mortgage Loans On Real Estate Interest Rate MortgageLoansOnRealEstateInterestRate	0.0927
CY2024	ladr	Mortgage Loans On Real Estate Remaining Maturity MortgageLoansOnRealEstateRemainingMaturity	P1Y
CY2024	ladr	Financing Receivable Recorded Investment Nonaccrual Loans FinancingReceivableRecordedInvestmentNonaccrualLoans	2	loans
CY2024Q4	us-gaap	Financing Receivable Excluding Accrued Interest Nonaccrual FinancingReceivableExcludingAccruedInterestNonaccrual	76900000	usd
CY2024Q4	us-gaap	Financing Receivable Unamortized Loan Fee Cost FinancingReceivableUnamortizedLoanFeeCost	5000000.0	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	43165000	usd
CY2023Q4	ladr	Mortgage Loans On Real Estate Face Amount Of Mortgages Balance Sheet Date MortgageLoansOnRealEstateFaceAmountOfMortgagesBalanceSheetDate	3195576000	usd
CY2023Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	3138792000	usd
CY2023	srt	Mortgage Loans On Real Estate Interest Rate MortgageLoansOnRealEstateInterestRate	0.0961
CY2023	ladr	Mortgage Loans On Real Estate Remaining Maturity MortgageLoansOnRealEstateRemainingMaturity	P0Y8M12D
CY2023	ladr	Financing Receivable Recorded Investment Nonaccrual Loans FinancingReceivableRecordedInvestmentNonaccrualLoans	1	loans
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Nonaccrual FinancingReceivableExcludingAccruedInterestNonaccrual	14500000	usd
CY2023Q4	us-gaap	Financing Receivable Unamortized Loan Fee Cost FinancingReceivableUnamortizedLoanFeeCost	9100000	usd
CY2024	ladr	Number Of Loans With Related Write Off NumberOfLoansWithRelatedWriteOff	1	loans
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	43165000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	20755000	usd
CY2021Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	31752000	usd
CY2024	us-gaap	Financing Receivable Excluding Accrued Interest Change In Method Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestChangeInMethodCreditLossExpenseReversal	14181000	usd
CY2023	us-gaap	Financing Receivable Excluding Accrued Interest Change In Method Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestChangeInMethodCreditLossExpenseReversal	25110000	usd
CY2022	us-gaap	Financing Receivable Excluding Accrued Interest Change In Method Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestChangeInMethodCreditLossExpenseReversal	6503000	usd
CY2024	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	5023000	usd
CY2023	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	2700000	usd
CY2022	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	14395000	usd
CY2024	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	0	usd
CY2023	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	0	usd
CY2022	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	3105000	usd
CY2024Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	52323000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	43165000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	20755000	usd
CY2024	ladr	Number Of Loans With Related Write Off NumberOfLoansWithRelatedWriteOff	1	loans
CY2024Q4	us-gaap	Financing Receivable Excluding Accrued Interest Nonaccrual FinancingReceivableExcludingAccruedInterestNonaccrual	76875000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Nonaccrual FinancingReceivableExcludingAccruedInterestNonaccrual	14541000	usd
CY2024Q4	ladr	Financing Receivable And Off Balance Sheet Allowance For Credit Loss Current FinancingReceivableAndOffBalanceSheetAllowanceForCreditLossCurrent	52800000	usd
CY2024Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	52300000	usd
CY2024Q4	us-gaap	Off Balance Sheet Credit Loss Liability OffBalanceSheetCreditLossLiability	500000	usd
CY2023Q4	ladr	Financing Receivable And Off Balance Sheet Allowance For Credit Loss Current FinancingReceivableAndOffBalanceSheetAllowanceForCreditLossCurrent	43900000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	43200000	usd
CY2023Q4	us-gaap	Off Balance Sheet Credit Loss Liability OffBalanceSheetCreditLossLiability	700000	usd
CY2024	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	13900000	usd
CY2024	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	5000000	usd
CY2023	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	25100000	usd
CY2024Q4	ladr	Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year Subtotal FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYearSubtotal	176789000	usd
CY2024Q4	ladr	Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Subtotal FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearSubtotal	14636000	usd
CY2024Q4	ladr	Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Subtotal FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearSubtotal	179369000	usd
CY2024Q4	ladr	Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year Subtotal FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYearSubtotal	980026000	usd
CY2024Q4	ladr	Financing Receivable Excluding Accrued Interest Year Five Originated More Than Four Years Before Current Fiscal Year Subtotal FinancingReceivableExcludingAccruedInterestYearFiveOriginatedMoreThanFourYearsBeforeCurrentFiscalYearSubtotal	240502000	usd
CY2024Q4	ladr	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Subtotal FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossSubtotal	1591322000	usd
CY2024Q4	ladr	Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year Individually Impaired Loans FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYearIndividuallyImpairedLoans	0	usd
CY2024Q4	ladr	Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Individually Impaired Loans FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearIndividuallyImpairedLoans	0	usd
CY2024Q4	ladr	Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Individually Impaired Loans FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearIndividuallyImpairedLoans	0	usd
CY2024Q4	ladr	Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year Individually Impaired Loans FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYearIndividuallyImpairedLoans	0	usd
CY2024Q4	ladr	Financing Receivable Excluding Accrued Interest Year Five Originated More Than Four Years Before Current Fiscal Year Individually Impaired Loans FinancingReceivableExcludingAccruedInterestYearFiveOriginatedMoreThanFourYearsBeforeCurrentFiscalYearIndividuallyImpairedLoans	0	usd
CY2024Q4	ladr	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Individually Impaired Loans FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossIndividuallyImpairedLoans	0	usd
CY2024Q4	ladr	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Year One Originated Current Fiscal Year FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossYearOneOriginatedCurrentFiscalYear	176789000	usd
CY2024Q4	ladr	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Year Two Originated Fiscal Year Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear	14636000	usd
CY2024Q4	ladr	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Year Three Originated Two Fiscal Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossYearThreeOriginatedTwoFiscalYearsBeforeCurrentFiscalYear	179369000	usd
CY2024Q4	ladr	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Year Four Originated Three Fiscal Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossYearFourOriginatedThreeFiscalYearsBeforeCurrentFiscalYear	980026000	usd
CY2024Q4	ladr	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Year Five Originated More Than Four Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossYearFiveOriginatedMoreThanFourYearsBeforeCurrentFiscalYear	240502000	usd
CY2024Q4	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	1591322000	usd

CY2024

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

8987000

usd

CY2024Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

1532939000

usd

CY2022Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

1533561000

usd

CY2023

ladr

Proceeds From Sale Of Securities

ProceedsFromSaleOfSecurities

17838000

usd

CY2022

ladr

Proceeds From Sale Of Securities

ProceedsFromSaleOfSecurities

5780000

usd

CY2024

us-gaap

Payments For Capital Improvements

PaymentsForCapitalImprovements

6497000

usd

CY2023

us-gaap

Payments For Capital Improvements

PaymentsForCapitalImprovements

4374000

usd

CY2024

us-gaap

Proceeds From Sale Of Real Estate Heldforinvestment

ProceedsFromSaleOfRealEstateHeldforinvestment

102285000

usd

CY2024Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

1346039000

usd

CY2024

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

3448000

usd

CY2023

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

4244000

usd

CY2024

us-gaap

Profit Loss

ProfitLoss

107447000

usd

CY2023

us-gaap

Profit Loss

ProfitLoss

100501000

usd

CY2022

us-gaap

Profit Loss

ProfitLoss

165305000

usd

CY2023

us-gaap

Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable

NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable

-624000

usd

CY2022

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

1.14

CY2024

dei

Entity Central Index Key

EntityCentralIndexKey

0001577670

CY2024

dei

Document Fiscal Year Focus

DocumentFiscalYearFocus

2024

CY2024

dei

Document Fiscal Period Focus

DocumentFiscalPeriodFocus

FY

CY2024

dei

Amendment Flag

AmendmentFlag

false

CY2024

dei

Current Fiscal Year End Date

CurrentFiscalYearEndDate

--12-31

CY2024Q4

ecd

Rule10b51 Arr Adopted Flag

Rule10b51ArrAdoptedFlag

false

CY2024Q4

ecd

Non Rule10b51 Arr Adopted Flag

NonRule10b51ArrAdoptedFlag

false

CY2024Q4

ecd

Rule10b51 Arr Trmntd Flag

Rule10b51ArrTrmntdFlag

false

CY2024Q4

ecd

Non Rule10b51 Arr Trmntd Flag

NonRule10b51ArrTrmntdFlag

false

CY2023Q4

us-gaap

Financing Receivable Accrued Interest After Allowance For Credit Loss Statement Of Financial Position Extensible List

FinancingReceivableAccruedInterestAfterAllowanceForCreditLossStatementOfFinancialPositionExtensibleList

http://fasb.org/us-gaap/2024#InterestReceivable

CY2024Q4

us-gaap

Operating Lease Liability Statement Of Financial Position Extensible List

OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList

http://fasb.org/us-gaap/2024#OtherLiabilities

CY2024Q4

us-gaap

Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List

OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList

http://fasb.org/us-gaap/2024#OtherAssets

CY2024

dei

Entity Address City Or Town

EntityAddressCityOrTown

New York,

CY2024

dei

Entity Address State Or Province

EntityAddressStateOrProvince

NY

CY2024

dei

Entity Address Postal Zip Code

EntityAddressPostalZipCode

10022

CY2024

dei

City Area Code

CityAreaCode

212

CY2024

dei

Local Phone Number

LocalPhoneNumber

715-3170

CY2024

dei

Security12b Title

Security12bTitle

Class A common stock, $0.001 par value

CY2024

dei

Trading Symbol

TradingSymbol

LADR

CY2024

dei

Security Exchange Name

SecurityExchangeName

NYSE

CY2024

dei

Entity Well Known Seasoned Issuer

EntityWellKnownSeasonedIssuer

Yes

CY2024

dei

Entity Voluntary Filers

EntityVoluntaryFilers

No

CY2024

dei

Entity Current Reporting Status

EntityCurrentReportingStatus

Yes

CY2024

dei

Entity Interactive Data Current

EntityInteractiveDataCurrent

Yes

CY2024

dei

Entity Filer Category

EntityFilerCategory

Large Accelerated Filer

CY2024

dei

Entity Small Business

EntitySmallBusiness

false

CY2024

dei

Entity Emerging Growth Company

EntityEmergingGrowthCompany

false

CY2024

dei

Icfr Auditor Attestation Flag

IcfrAuditorAttestationFlag

true

CY2024

dei

Entity Shell Company

EntityShellCompany

false

CY2024

dei

Document Fin Stmt Error Correction Flag

DocumentFinStmtErrorCorrectionFlag

false

CY2024Q2

dei

Entity Public Float

EntityPublicFloat

1276191725

usd

CY2024

cyd

Cybersecurity Risk Materially Affected Or Reasonably Likely To Materially Affect Registrant Flag

CybersecurityRiskMateriallyAffectedOrReasonablyLikelyToMateriallyAffectRegistrantFlag

false

CY2024

dei

Document Annual Report

DocumentAnnualReport

true

CY2023

us-gaap

Adjustments Related To Tax Withholding For Share Based Compensation

AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation

7862000

usd

CY2022

ladr

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

PaymentsToAcquireLoansAndLeasesHeldForInvestmentAndOriginationOfLoans

1234765000

usd

CY2024

us-gaap

Proceeds From Principal Repayments On Loans And Leases Held For Investment

ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment

1626554000

usd

CY2023

us-gaap

Proceeds From Principal Repayments On Loans And Leases Held For Investment

ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment

738464000

usd

CY2022

us-gaap

Proceeds From Principal Repayments On Loans And Leases Held For Investment

ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment

909766000

usd

CY2024

ladr

Payments To Acquire Securities

PaymentsToAcquireSecurities

898042000

usd

CY2023

ladr

Payments To Acquire Securities

PaymentsToAcquireSecurities

143953000

usd

CY2022

ladr

Payments To Acquire Securities

PaymentsToAcquireSecurities

96173000

usd

CY2024

us-gaap

Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities

ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities

276641000

usd

CY2023

us-gaap

Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities

ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities

232124000

usd

CY2022

us-gaap

Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities

ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities

184838000

usd

CY2024

ladr

Proceeds Of Basis Recovery Of Agency Interest Only Securities

ProceedsOfBasisRecoveryOfAgencyInterestOnlySecurities

3357000

usd

CY2023

ladr

Proceeds Of Basis Recovery Of Agency Interest Only Securities

ProceedsOfBasisRecoveryOfAgencyInterestOnlySecurities

4116000

usd

CY2022

ladr

Proceeds Of Basis Recovery Of Agency Interest Only Securities

ProceedsOfBasisRecoveryOfAgencyInterestOnlySecurities

4960000

usd

CY2024

ladr

Proceeds From Sale Of Securities

ProceedsFromSaleOfSecurities

32190000

usd

CY2022

us-gaap

Payments For Capital Improvements

PaymentsForCapitalImprovements

6949000

usd

CY2023

us-gaap

Proceeds From Sale Of Real Estate Heldforinvestment

ProceedsFromSaleOfRealEstateHeldforinvestment

13391000

usd

CY2022

us-gaap

Proceeds From Sale Of Real Estate Heldforinvestment

ProceedsFromSaleOfRealEstateHeldforinvestment

310527000

usd

CY2024

us-gaap

Payments To Acquire Equity Method Investments

PaymentsToAcquireEquityMethodInvestments

13125000

usd

CY2023

us-gaap

Payments To Acquire Equity Method Investments

PaymentsToAcquireEquityMethodInvestments

0

usd

CY2022

us-gaap

Payments To Acquire Equity Method Investments

PaymentsToAcquireEquityMethodInvestments

0

usd

CY2024

us-gaap

Proceeds From Divestiture Of Interest In Joint Venture

ProceedsFromDivestitureOfInterestInJointVenture

0

usd

CY2023

us-gaap

Proceeds From Divestiture Of Interest In Joint Venture

ProceedsFromDivestitureOfInterestInJointVenture

0

usd

CY2022

us-gaap

Proceeds From Divestiture Of Interest In Joint Venture

ProceedsFromDivestitureOfInterestInJointVenture

2284000

usd

CY2024

us-gaap

Proceeds From Sale Of Federal Reserve Stock

ProceedsFromSaleOfFederalReserveStock

5175000

usd

CY2023

us-gaap

Proceeds From Sale Of Federal Reserve Stock

ProceedsFromSaleOfFederalReserveStock

4410000

usd

CY2022

us-gaap

Proceeds From Sale Of Federal Reserve Stock

ProceedsFromSaleOfFederalReserveStock

2250000

usd

CY2024

us-gaap

Payments For Derivative Instrument Investing Activities

PaymentsForDerivativeInstrumentInvestingActivities

1119000

usd

CY2023

us-gaap

Payments For Derivative Instrument Investing Activities

PaymentsForDerivativeInstrumentInvestingActivities

223000

usd

CY2022

us-gaap

Payments For Derivative Instrument Investing Activities

PaymentsForDerivativeInstrumentInvestingActivities

1097000

usd

CY2024

us-gaap

Proceeds From Derivative Instrument Investing Activities

ProceedsFromDerivativeInstrumentInvestingActivities

574000

usd

CY2023

us-gaap

Proceeds From Derivative Instrument Investing Activities

ProceedsFromDerivativeInstrumentInvestingActivities

125000

usd

CY2022

us-gaap

Proceeds From Derivative Instrument Investing Activities

ProceedsFromDerivativeInstrumentInvestingActivities

169000

usd

CY2024

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

932761000

usd

CY2023

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

793503000

usd

CY2022

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

81590000

usd

CY2024

us-gaap

Payments Of Financing Costs

PaymentsOfFinancingCosts

18321000

usd

CY2023

us-gaap

Payments Of Financing Costs

PaymentsOfFinancingCosts

3378000

usd

CY2022

us-gaap

Payments Of Financing Costs

PaymentsOfFinancingCosts

8311000

usd

CY2024

ladr

Proceedsfrom Borrowing Under Debt Obligations

ProceedsfromBorrowingUnderDebtObligations

667974000

usd

CY2023

ladr

Proceedsfrom Borrowing Under Debt Obligations

ProceedsfromBorrowingUnderDebtObligations

921008000

usd

CY2022

ladr

Proceedsfrom Borrowing Under Debt Obligations

ProceedsfromBorrowingUnderDebtObligations

2426666000

usd

CY2024

ladr

Repayments And Repurchase Of Borrowings Under Debt Obligations

RepaymentsAndRepurchaseOfBorrowingsUnderDebtObligations

1312770000

usd

CY2023

ladr

Repayments And Repurchase Of Borrowings Under Debt Obligations

RepaymentsAndRepurchaseOfBorrowingsUnderDebtObligations

1348093000

usd

CY2022

ladr

Repayments And Repurchase Of Borrowings Under Debt Obligations

RepaymentsAndRepurchaseOfBorrowingsUnderDebtObligations

2412961000

usd

CY2024

us-gaap

Payments Of Ordinary Dividends

PaymentsOfOrdinaryDividends

117710000

usd

CY2023

us-gaap

Payments Of Ordinary Dividends

PaymentsOfOrdinaryDividends

116419000

usd

CY2022

us-gaap

Payments Of Ordinary Dividends

PaymentsOfOrdinaryDividends

107011000

usd

CY2024

us-gaap

Proceeds From Minority Shareholders

ProceedsFromMinorityShareholders

0

usd

CY2023

us-gaap

Proceeds From Minority Shareholders

ProceedsFromMinorityShareholders

0

usd

CY2022

us-gaap

Proceeds From Minority Shareholders

ProceedsFromMinorityShareholders

186000

usd

CY2024

us-gaap

Payments To Minority Shareholders

PaymentsToMinorityShareholders

333000

usd

CY2023

us-gaap

Payments To Minority Shareholders

PaymentsToMinorityShareholders

541000

usd

CY2022

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

115998000

usd

CY2024

us-gaap

Interest And Fee Income Loans And Leases

InterestAndFeeIncomeLoansAndLeases

18700000

usd

CY2023

us-gaap

Interest And Fee Income Loans And Leases

InterestAndFeeIncomeLoansAndLeases

8931000

usd

CY2022

us-gaap

Interest And Fee Income Loans And Leases

InterestAndFeeIncomeLoansAndLeases

14861000

usd

CY2024

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

5420000

usd

CY2023

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

1481000

usd

CY2022

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

12360000

usd

CY2024

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

-79000

usd

CY2023

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

758000

usd

CY2022

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

1410000

usd

CY2024

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

188000

usd

CY2023

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

10718000

usd

CY2022

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

685000

usd

CY2024

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

148217000

usd

CY2022

us-gaap

Payments To Minority Shareholders

PaymentsToMinorityShareholders

29541000

usd

CY2024

us-gaap

Payments Related To Tax Withholding For Share Based Compensation

PaymentsRelatedToTaxWithholdingForShareBasedCompensation

8894000

usd

CY2023

us-gaap

Payments Related To Tax Withholding For Share Based Compensation

PaymentsRelatedToTaxWithholdingForShareBasedCompensation

7862000

usd

CY2022

us-gaap

Payments Related To Tax Withholding For Share Based Compensation

PaymentsRelatedToTaxWithholdingForShareBasedCompensation

11356000

usd

CY2024

us-gaap

Payments For Repurchase Of Common Stock

PaymentsForRepurchaseOfCommonStock

6532000

usd

CY2023

us-gaap

Payments For Repurchase Of Common Stock

PaymentsForRepurchaseOfCommonStock

2481000

usd

CY2022

us-gaap

Payments For Repurchase Of Common Stock

PaymentsForRepurchaseOfCommonStock

7916000

usd

CY2024

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

-796586000

usd

CY2023

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

-557766000

usd

CY2022

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

-150244000

usd

CY2024

us-gaap

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

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

270096000

usd

CY2023

us-gaap

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

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

416341000

usd

CY2022

us-gaap

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

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

38056000

usd

CY2023Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

1075943000

usd

CY2022Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

659602000

usd

CY2021Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

621546000

usd

CY2023Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

1075943000

usd

CY2022Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

659602000

usd

CY2024

us-gaap

Interest Paid Net

InterestPaidNet

199426000

usd

CY2023

us-gaap

Interest Paid Net

InterestPaidNet

233637000

usd

CY2022

us-gaap

Interest Paid Net

InterestPaidNet

177977000

usd

CY2024

us-gaap

Income Taxes Paid Net

IncomeTaxesPaidNet

1864000

usd

CY2023

us-gaap

Income Taxes Paid Net

IncomeTaxesPaidNet

-2402000

usd

CY2022

us-gaap

Income Taxes Paid Net

IncomeTaxesPaidNet

-1169000

usd

CY2024

ladr

Other Significant Noncash Transaction Securitiesand Derivatives Purchased

OtherSignificantNoncashTransactionSecuritiesandDerivativesPurchased

15000

usd

CY2023

ladr

Other Significant Noncash Transaction Securitiesand Derivatives Purchased

OtherSignificantNoncashTransactionSecuritiesandDerivativesPurchased

0

usd

CY2022

ladr

Other Significant Noncash Transaction Securitiesand Derivatives Purchased

OtherSignificantNoncashTransactionSecuritiesandDerivativesPurchased

2953000

usd

CY2024

ladr

Other Significant Noncash Transaction Securities Sold

OtherSignificantNoncashTransactionSecuritiesSold

0

usd

CY2023

ladr

Other Significant Noncash Transaction Securities Sold

OtherSignificantNoncashTransactionSecuritiesSold

0

usd

CY2022

ladr

Other Significant Noncash Transaction Securities Sold

OtherSignificantNoncashTransactionSecuritiesSold

10000

usd

CY2024

ladr

Other Significant Noncash Transaction Repurchase Of Shares

OtherSignificantNoncashTransactionRepurchaseOfShares

-1511000

usd

CY2023

ladr

Other Significant Noncash Transaction Repurchase Of Shares

OtherSignificantNoncashTransactionRepurchaseOfShares

0

usd

CY2022

ladr

Other Significant Noncash Transaction Repurchase Of Shares

OtherSignificantNoncashTransactionRepurchaseOfShares

0

usd

CY2024

ladr

Increase Decrease In Transit Of Mortgage Loans Receivable Held For Investment

IncreaseDecreaseInTransitOfMortgageLoansReceivableHeldForInvestment

101956000

usd

CY2023

ladr

Increase Decrease In Transit Of Mortgage Loans Receivable Held For Investment

IncreaseDecreaseInTransitOfMortgageLoansReceivableHeldForInvestment

7867000

usd

CY2022

ladr

Increase Decrease In Transit Of Mortgage Loans Receivable Held For Investment

IncreaseDecreaseInTransitOfMortgageLoansReceivableHeldForInvestment

18928000

usd

CY2024

ladr

Non Cash Disposal Of Loans Through Foreclosure

NonCashDisposalOfLoansThroughForeclosure

-52975000

usd

CY2023

ladr

Non Cash Disposal Of Loans Through Foreclosure

NonCashDisposalOfLoansThroughForeclosure

-91408000

usd

CY2022

ladr

Non Cash Disposal Of Loans Through Foreclosure

NonCashDisposalOfLoansThroughForeclosure

0

usd

CY2024

ladr

Transfer To Other Real Estate And Real Estate Held For Sale From Business Acquisitions

TransferToOtherRealEstateAndRealEstateHeldForSaleFromBusinessAcquisitions

48796000

usd

CY2023

ladr

Transfer To Other Real Estate And Real Estate Held For Sale From Business Acquisitions

TransferToOtherRealEstateAndRealEstateHeldForSaleFromBusinessAcquisitions

87526000

usd

CY2022

ladr

Transfer To Other Real Estate And Real Estate Held For Sale From Business Acquisitions

TransferToOtherRealEstateAndRealEstateHeldForSaleFromBusinessAcquisitions

9386000

usd

CY2024

ladr

Settlementof Saleof Real Estate Net

SettlementofSaleofRealEstateNet

0

usd

CY2023

ladr

Settlementof Saleof Real Estate Net

SettlementofSaleofRealEstateNet

-31292000

usd

CY2022

ladr

Settlementof Saleof Real Estate Net

SettlementofSaleofRealEstateNet

0

usd

CY2024

ladr

Non Cash Settlement Of Debt Obligations Net Sale Of Real Estate

NonCashSettlementOfDebtObligationsNetSaleOfRealEstate

0

usd

CY2023

ladr

Non Cash Settlement Of Debt Obligations Net Sale Of Real Estate

NonCashSettlementOfDebtObligationsNetSaleOfRealEstate

31292000

usd

CY2022

ladr

Non Cash Settlement Of Debt Obligations Net Sale Of Real Estate

NonCashSettlementOfDebtObligationsNetSaleOfRealEstate

0

usd

CY2023

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

127123000

usd

CY2022

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

251072000

usd

CY2024

ladr

Transfer To Other Real Estate From Joint Venture

TransferToOtherRealEstateFromJointVenture

0

usd

CY2023

ladr

Transfer To Other Real Estate From Joint Venture

TransferToOtherRealEstateFromJointVenture

0

usd

CY2022

ladr

Transfer To Other Real Estate From Joint Venture

TransferToOtherRealEstateFromJointVenture

15436000

usd

CY2024Q4

us-gaap

Dividends Payable Current

DividendsPayableCurrent

31838000

usd

CY2023Q4

us-gaap

Dividends Payable Current

DividendsPayableCurrent

32294000

usd

CY2022Q4

us-gaap

Dividends Payable Current

DividendsPayableCurrent

32000000

usd

CY2024Q4

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

1323481000

usd

CY2023Q4

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

1015678000

usd

CY2022Q4

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

609078000

usd

CY2024Q4

us-gaap

Restricted Cash And Investments

RestrictedCashAndInvestments

12608000

usd

CY2023Q4

us-gaap

Restricted Cash And Investments

RestrictedCashAndInvestments

15450000

usd

CY2022Q4

us-gaap

Restricted Cash And Investments

RestrictedCashAndInvestments

50524000

usd

CY2024Q4

ladr

Debt Securities Available For Sale Not Yet Settled

DebtSecuritiesAvailableForSaleNotYetSettled

9950000

usd

CY2023Q4

ladr

Debt Securities Available For Sale Not Yet Settled

DebtSecuritiesAvailableForSaleNotYetSettled

44815000

usd

CY2022Q4

ladr

Debt Securities Available For Sale Not Yet Settled

DebtSecuritiesAvailableForSaleNotYetSettled

0

usd

CY2024Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

1346039000

usd

CY2023Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

1075943000

usd

CY2022Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

659602000

usd

CY2024

cyd

Cybersecurity Risk Management Processes Integrated Flag

CybersecurityRiskManagementProcessesIntegratedFlag

true

CY2024

cyd

Cybersecurity Risk Management Positions Or Committees Responsible Flag

CybersecurityRiskManagementPositionsOrCommitteesResponsibleFlag

true

CY2024

cyd

Cybersecurity Risk Management Third Party Engaged Flag

CybersecurityRiskManagementThirdPartyEngagedFlag

true

CY2024

cyd

Cybersecurity Risk Third Party Oversight And Identification Processes Flag

CybersecurityRiskThirdPartyOversightAndIdentificationProcessesFlag

true

CY2024

cyd

Cybersecurity Risk Management Positions Or Committees Responsible Report To Board Flag

CybersecurityRiskManagementPositionsOrCommitteesResponsibleReportToBoardFlag

true

CY2024

dei

Auditor Firm

AuditorFirmId

42

CY2024

dei

Auditor Name

AuditorName

Ernst & Young LLP

CY2024

dei

Auditor Location

AuditorLocation

New York, New York

CY2024

dei

Auditor Name

AuditorName

Ernst & Young LLP

CY2024

dei

Auditor Location

AuditorLocation

New York, New York

CY2024Q4

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

1323481000

usd

CY2023Q4

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

1015678000

usd

CY2024Q4

us-gaap

Restricted Cash

RestrictedCash

12608000

usd

CY2023Q4

us-gaap

Restricted Cash

RestrictedCash

15450000

usd

CY2024Q4

us-gaap

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss

1591322000

usd

CY2023Q4

us-gaap

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss

3155089000

usd

CY2024Q4

us-gaap

Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Current

FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestCurrent

52323000

usd

CY2023Q4

us-gaap

Financing Receivable Allowance For Credit Loss Excluding Accrued Interest Current

FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestCurrent

43165000

usd

CY2024Q4

us-gaap

Loans Receivable Held For Sale Net Not Part Of Disposal Group

LoansReceivableHeldForSaleNetNotPartOfDisposalGroup

26898000

usd

CY2023Q4

us-gaap

Loans Receivable Held For Sale Net Not Part Of Disposal Group

LoansReceivableHeldForSaleNetNotPartOfDisposalGroup

26868000

usd

CY2024Q4

ladr

Debt Securities Available For Sale And Fvni

DebtSecuritiesAvailableForSaleAndFVNI

1080839000

usd

CY2023Q4

ladr

Debt Securities Available For Sale And Fvni

DebtSecuritiesAvailableForSaleAndFVNI

485533000

usd

CY2024Q4

us-gaap

Real Estate Investment Property Net

RealEstateInvestmentPropertyNet

670803000

usd

CY2023Q4

us-gaap

Real Estate Investment Property Net

RealEstateInvestmentPropertyNet

726442000

usd

CY2024Q4

us-gaap

Equity Method Investments

EquityMethodInvestments

19923000

usd

CY2023Q4

us-gaap

Equity Method Investments

EquityMethodInvestments

6877000

usd

CY2024Q4

us-gaap

Derivative Assets Liabilities At Fair Value Net

DerivativeAssetsLiabilitiesAtFairValueNet

437000

usd

CY2023Q4

us-gaap

Derivative Assets Liabilities At Fair Value Net

DerivativeAssetsLiabilitiesAtFairValueNet

1454000

usd

CY2024Q4

us-gaap

Interest Receivable

InterestReceivable

12936000

usd

CY2023Q4

us-gaap

Interest Receivable

InterestReceivable

24233000

usd

CY2024Q4

us-gaap

Other Assets

OtherAssets

158149000

usd

CY2023Q4

us-gaap

Other Assets

OtherAssets

98218000

usd

CY2024Q4

us-gaap

Assets

4845073000

usd

CY2023Q4

us-gaap

Assets

5512677000

usd

CY2024Q4

ladr

Secured And Unsecured Debt Obligations

SecuredAndUnsecuredDebtObligations

3135617000

usd

CY2023Q4

ladr

Secured And Unsecured Debt Obligations

SecuredAndUnsecuredDebtObligations

3783946000

usd

CY2024Q4

us-gaap

Dividends Payable Current And Noncurrent

DividendsPayableCurrentAndNoncurrent

31838000

usd

CY2023Q4

us-gaap

Dividends Payable Current And Noncurrent

DividendsPayableCurrentAndNoncurrent

32294000

usd

CY2024Q4

us-gaap

Accrued Liabilities Current And Noncurrent

AccruedLiabilitiesCurrentAndNoncurrent

74824000

usd

CY2023Q4

us-gaap

Accrued Liabilities Current And Noncurrent

AccruedLiabilitiesCurrentAndNoncurrent

65144000

usd

CY2024Q4

us-gaap

Other Liabilities

OtherLiabilities

69855000

usd

CY2023Q4

us-gaap

Other Liabilities

OtherLiabilities

99095000

usd

CY2024Q4

us-gaap

Liabilities

3312134000

usd

CY2023Q4

us-gaap

Liabilities

3980479000

usd

CY2024Q4

us-gaap

Commitments And Contingencies

CommitmentsAndContingencies

0

usd

CY2023Q4

us-gaap

Commitments And Contingencies

CommitmentsAndContingencies

0

usd

CY2024Q4

us-gaap

Additional Paid In Capital Common Stock

AdditionalPaidInCapitalCommonStock

1777118000

usd

CY2023Q4

us-gaap

Additional Paid In Capital Common Stock

AdditionalPaidInCapitalCommonStock

1756750000

usd

CY2024Q4

us-gaap

Treasury Stock Common Shares

TreasuryStockCommonShares

2776538

shares

CY2023Q4

us-gaap

Treasury Stock Common Shares

TreasuryStockCommonShares

1115789

shares

CY2024Q4

us-gaap

Treasury Stock Common Value

TreasuryStockCommonValue

30475000

usd

CY2023Q4

us-gaap

Treasury Stock Common Value

TreasuryStockCommonValue

12001000

usd

CY2024Q4

us-gaap

Retained Earnings Accumulated Deficit

RetainedEarningsAccumulatedDeficit

-206874000

usd

CY2023Q4

us-gaap

Retained Earnings Accumulated Deficit

RetainedEarningsAccumulatedDeficit

-197875000

usd

CY2024Q4

us-gaap

Accumulated Other Comprehensive Income Loss Net Of Tax

AccumulatedOtherComprehensiveIncomeLossNetOfTax

-4866000

usd

CY2023Q4

us-gaap

Accumulated Other Comprehensive Income Loss Net Of Tax

AccumulatedOtherComprehensiveIncomeLossNetOfTax

-13853000

usd

CY2024Q4

us-gaap

Stockholders Equity

StockholdersEquity

1535030000

usd

CY2023Q4

us-gaap

Stockholders Equity

StockholdersEquity

1533148000

usd

CY2024Q4

us-gaap

Minority Interest In Joint Ventures

MinorityInterestInJointVentures

-2091000

usd

CY2023Q4

us-gaap

Minority Interest In Joint Ventures

MinorityInterestInJointVentures

-950000

usd

CY2024Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

1532939000

usd

CY2023Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

1532198000

usd

CY2024Q4

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

4845073000

usd

CY2023Q4

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

5512677000

usd

CY2024

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

358625000

usd

CY2023

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

407284000

usd

CY2022

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

293520000

usd

CY2024

us-gaap

Interest Expense Operating

InterestExpenseOperating

221537000

usd

CY2023

us-gaap

Interest Expense Operating

InterestExpenseOperating

245097000

usd

CY2022

us-gaap

Interest Expense Operating

InterestExpenseOperating

195602000

usd

CY2024

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

137088000

usd

CY2023

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

162187000

usd

CY2022

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

97918000

usd

CY2024

us-gaap

Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal

FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal

13933000

usd

CY2023

us-gaap

Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal

FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal

25096000

usd

CY2022

us-gaap

Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal

FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal

3711000

usd

CY2024

us-gaap

Interest Income Expense After Provision For Loan Loss

InterestIncomeExpenseAfterProvisionForLoanLoss

123155000

usd

CY2023

us-gaap

Interest Income Expense After Provision For Loan Loss

InterestIncomeExpenseAfterProvisionForLoanLoss

137091000

usd

CY2022

us-gaap

Interest Income Expense After Provision For Loan Loss

InterestIncomeExpenseAfterProvisionForLoanLoss

94207000

usd

CY2024

us-gaap

Operating Lease Lease Income

OperatingLeaseLeaseIncome

98681000

usd

CY2024

us-gaap

Labor And Related Expense

LaborAndRelatedExpense

60671000

usd

CY2023

us-gaap

Labor And Related Expense

LaborAndRelatedExpense

63618000

usd

CY2022

us-gaap

Labor And Related Expense

LaborAndRelatedExpense

75836000

usd

CY2024

us-gaap

Operating Expenses

OperatingExpenses

19193000

usd

CY2023

us-gaap

Operating Expenses

OperatingExpenses

19503000

usd

CY2022

us-gaap

Operating Expenses

OperatingExpenses

20716000

usd

CY2024

ladr

Real Estate Operating Expenses

RealEstateOperatingExpenses

40568000

usd

CY2023

ladr

Real Estate Operating Expenses

RealEstateOperatingExpenses

37587000

usd

CY2022

ladr

Real Estate Operating Expenses

RealEstateOperatingExpenses

38605000

usd

CY2024

us-gaap

Investment Income Investment Expense

InvestmentIncomeInvestmentExpense

7718000

usd

CY2023

us-gaap

Investment Income Investment Expense

InvestmentIncomeInvestmentExpense

8847000

usd

CY2022

us-gaap

Investment Income Investment Expense

InvestmentIncomeInvestmentExpense

7235000

usd

CY2024

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

32327000

usd

CY2023

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

29914000

usd

CY2022

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

32673000

usd

CY2024

us-gaap

Costs And Expenses

CostsAndExpenses

160477000

usd

CY2023

us-gaap

Costs And Expenses

CostsAndExpenses

159469000

usd

CY2022

us-gaap

Costs And Expenses

CostsAndExpenses

175065000

usd

CY2024

us-gaap

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

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

110895000

usd

CY2023

us-gaap

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

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

104745000

usd

CY2022

us-gaap

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

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

170214000

usd

CY2022

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

4909000

usd

CY2024

us-gaap

Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable

NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable

-808000

usd

CY2022

us-gaap

Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable

NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable

23088000

usd

CY2024

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

0.86

CY2023

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

0.81

CY2023

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

0.81

CY2022

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

1.13

CY2022

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

124301421

shares

CY2024

us-gaap

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

OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax

9107000

usd

CY2024

us-gaap

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

OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax

120000

usd

CY2023

us-gaap

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

OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax

-281000

usd

CY2024

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

8987000

usd

CY2023

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

7156000

usd

CY2022

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

-16897000

usd

CY2024

us-gaap

Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest

ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest

116434000

usd

CY2023

us-gaap

Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest

ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest

107657000

usd

CY2022

us-gaap

Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest

ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest

148408000

usd

CY2024

us-gaap

Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable

NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable

-808000

usd

CY2023

us-gaap

Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable

NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable

-624000

usd

CY2022

us-gaap

Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable

NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable

23088000

usd

CY2023Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

1532198000

usd

CY2024

us-gaap

Minority Interest Decrease From Distributions To Noncontrolling Interest Holders

MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders

333000

usd

CY2024

us-gaap

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

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

18829000

usd

CY2024

us-gaap

Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures

StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures

2000

usd

CY2024

us-gaap

Treasury Stock Value Acquired Cost Method

TreasuryStockValueAcquiredCostMethod

8043000

usd

CY2024

us-gaap

Adjustments Related To Tax Withholding For Share Based Compensation

AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation

8894000

usd

CY2024

us-gaap

Stock Issued During Period Value Share Based Compensation Forfeited

StockIssuedDuringPeriodValueShareBasedCompensationForfeited

0

usd

CY2024

us-gaap

Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings

AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings

117254000

usd

CY2024

us-gaap

Profit Loss

ProfitLoss

107447000

usd

CY2023

us-gaap

Minority Interest Decrease From Distributions To Noncontrolling Interest Holders

MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders

541000

usd

CY2023

us-gaap

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

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

18577000

usd

CY2023

us-gaap

Treasury Stock Value Acquired Cost Method

TreasuryStockValueAcquiredCostMethod

2481000

usd

CY2023

us-gaap

Stock Issued During Period Value Treasury Stock Reissued

StockIssuedDuringPeriodValueTreasuryStockReissued

0

usd

CY2023

us-gaap

Stock Issued During Period Value Share Based Compensation Forfeited

StockIssuedDuringPeriodValueShareBasedCompensationForfeited

0

usd

CY2023

us-gaap

Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings

AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings

116713000

usd

CY2023

us-gaap

Profit Loss

ProfitLoss

100501000

usd

CY2023

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

7156000

usd

CY2023

us-gaap

Treasury Stock Retired Cost Method Amount

TreasuryStockRetiredCostMethodAmount

0

usd

CY2023Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

1532198000

usd

CY2021Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

1513619000

usd

CY2022

us-gaap

Partners Capital Account Contributions

PartnersCapitalAccountContributions

186000

usd

CY2022

us-gaap

Minority Interest Decrease From Distributions To Noncontrolling Interest Holders

MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders

29541000

usd

CY2022

us-gaap

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

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

31584000

usd

CY2022

us-gaap

Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures

StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures

0

usd

CY2022

us-gaap

Treasury Stock Value Acquired Cost Method

TreasuryStockValueAcquiredCostMethod

7919000

usd

CY2022

us-gaap

Stock Issued During Period Value Treasury Stock Reissued

StockIssuedDuringPeriodValueTreasuryStockReissued

0

usd

CY2022

us-gaap

Adjustments Related To Tax Withholding For Share Based Compensation

AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation

11356000

usd

CY2022

us-gaap

Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings

AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings

111420000

usd

CY2022

us-gaap

Profit Loss

ProfitLoss

165305000

usd

CY2022

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

-16897000

usd

CY2022Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

1533561000

usd

CY2024

us-gaap

Profit Loss

ProfitLoss

107447000

usd

CY2023

us-gaap

Profit Loss

ProfitLoss

100501000

usd

CY2022

us-gaap

Profit Loss

ProfitLoss

165305000

usd

CY2024

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

188000

usd

CY2023

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

10718000

usd

CY2022

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

685000

usd

CY2024

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

32327000

usd

CY2023

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

29914000

usd

CY2022

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

32673000

usd

CY2024

us-gaap

Operating Lease Expense

OperatingLeaseExpense

331000

usd

CY2023

us-gaap

Operating Lease Expense

OperatingLeaseExpense

1522000

usd

CY2022

us-gaap

Operating Lease Expense

OperatingLeaseExpense

0

usd

CY2024

us-gaap

Unrealized Gain Loss On Derivatives

UnrealizedGainLossOnDerivatives

-1860000

usd

CY2023

us-gaap

Unrealized Gain Loss On Derivatives

UnrealizedGainLossOnDerivatives

-390000

usd

CY2022

us-gaap

Unrealized Gain Loss On Derivatives

UnrealizedGainLossOnDerivatives

645000

usd

CY2024

us-gaap

Equity Securities Fv Ni Unrealized Gain Loss

EquitySecuritiesFvNiUnrealizedGainLoss

-925000

usd

CY2023

us-gaap

Equity Securities Fv Ni Unrealized Gain Loss

EquitySecuritiesFvNiUnrealizedGainLoss

25000

usd

CY2022

us-gaap

Equity Securities Fv Ni Unrealized Gain Loss

EquitySecuritiesFvNiUnrealizedGainLoss

-41000

usd

CY2024

us-gaap

Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal

FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal

13933000

usd

CY2023

us-gaap

Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal

FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal

25096000

usd

CY2022

us-gaap

Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal

FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal

3711000

usd

CY2024

us-gaap

Share Based Compensation

ShareBasedCompensation

18829000

usd

CY2023

us-gaap

Share Based Compensation

ShareBasedCompensation

18577000

usd

CY2022

us-gaap

Share Based Compensation

ShareBasedCompensation

31584000

usd

CY2024

us-gaap

Amortization Of Financing Costs

AmortizationOfFinancingCosts

10560000

usd

CY2023

us-gaap

Amortization Of Financing Costs

AmortizationOfFinancingCosts

12428000

usd

CY2022

us-gaap

Amortization Of Financing Costs

AmortizationOfFinancingCosts

15565000

usd

CY2024

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

-767000

usd

CY2023

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

-604000

usd

CY2022

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

-731000

usd

CY2024

us-gaap

Amortization Of Above And Below Market Leases

AmortizationOfAboveAndBelowMarketLeases

-1700000

usd

CY2023

us-gaap

Amortization Of Above And Below Market Leases

AmortizationOfAboveAndBelowMarketLeases

-1797000

usd

CY2022

us-gaap

Amortization Of Above And Below Market Leases

AmortizationOfAboveAndBelowMarketLeases

-1763000

usd

CY2024

ladr

Accretion Amortizationof Discountsand Premiums Loans

AccretionAmortizationofDiscountsandPremiumsLoans

14619000

usd

CY2023

ladr

Accretion Amortizationof Discountsand Premiums Loans

AccretionAmortizationofDiscountsandPremiumsLoans

19046000

usd

CY2022

ladr

Accretion Amortizationof Discountsand Premiums Loans

AccretionAmortizationofDiscountsandPremiumsLoans

20759000

usd

CY2024

us-gaap

Accretion Amortization Of Discounts And Premiums Investments

AccretionAmortizationOfDiscountsAndPremiumsInvestments

1097000

usd

CY2023

us-gaap

Accretion Amortization Of Discounts And Premiums Investments

AccretionAmortizationOfDiscountsAndPremiumsInvestments

1352000

usd

CY2022

us-gaap

Accretion Amortization Of Discounts And Premiums Investments

AccretionAmortizationOfDiscountsAndPremiumsInvestments

827000

usd

CY2024

ladr

Loss Gain On Sales Of Loans Held For Sale

LossGainOnSalesOfLoansHeldForSale

30000

usd

CY2022

ladr

Debt And Equity Securities Realized Gain

DebtAndEquitySecuritiesRealizedGain

-73000

usd

CY2022

us-gaap

Gain Loss On Sale Of Derivatives

GainLossOnSaleOfDerivatives

64000

usd

CY2024

ladr

Income Loss From Equity Method Investments Additional Interest

IncomeLossFromEquityMethodInvestmentsAdditionalInterest

-79000

usd

CY2023

ladr

Income Loss From Equity Method Investments Additional Interest

IncomeLossFromEquityMethodInvestmentsAdditionalInterest

658000

usd

CY2022

ladr

Income Loss From Equity Method Investments Additional Interest

IncomeLossFromEquityMethodInvestmentsAdditionalInterest

785000

usd

CY2024

us-gaap

Payments For Origination Of Mortgage Loans Held For Sale

PaymentsForOriginationOfMortgageLoansHeldForSale

0

usd

CY2023

us-gaap

Payments For Origination Of Mortgage Loans Held For Sale

PaymentsForOriginationOfMortgageLoansHeldForSale

0

usd

CY2022

us-gaap

Payments For Origination Of Mortgage Loans Held For Sale

PaymentsForOriginationOfMortgageLoansHeldForSale

61318000

usd

CY2024

us-gaap

Proceeds From Collection Of Mortgage Loans Held For Sale

ProceedsFromCollectionOfMortgageLoansHeldForSale

0

usd

CY2023

us-gaap

Proceeds From Collection Of Mortgage Loans Held For Sale

ProceedsFromCollectionOfMortgageLoansHeldForSale

0

usd

CY2022

us-gaap

Proceeds From Collection Of Mortgage Loans Held For Sale

ProceedsFromCollectionOfMortgageLoansHeldForSale

68000

usd

CY2024

us-gaap

Proceeds From Sale Of Mortgage Loans Held For Sale

ProceedsFromSaleOfMortgageLoansHeldForSale

0

usd

CY2023

us-gaap

Proceeds From Sale Of Mortgage Loans Held For Sale

ProceedsFromSaleOfMortgageLoansHeldForSale

0

usd

CY2022

us-gaap

Proceeds From Sale Of Mortgage Loans Held For Sale

ProceedsFromSaleOfMortgageLoansHeldForSale

29151000

usd

CY2024

us-gaap

Increase Decrease In Deferred Income Taxes

IncreaseDecreaseInDeferredIncomeTaxes

-1684000

usd

CY2023

us-gaap

Increase Decrease In Deferred Income Taxes

IncreaseDecreaseInDeferredIncomeTaxes

-1182000

usd

CY2022

us-gaap

Increase Decrease In Deferred Income Taxes

IncreaseDecreaseInDeferredIncomeTaxes

505000

usd

CY2024

us-gaap

Increase Decrease In Accrued Interest Receivable Net

IncreaseDecreaseInAccruedInterestReceivableNet

-11297000

usd

CY2023

us-gaap

Increase Decrease In Accrued Interest Receivable Net

IncreaseDecreaseInAccruedInterestReceivableNet

-706000

usd

CY2022

us-gaap

Increase Decrease In Accrued Interest Receivable Net

IncreaseDecreaseInAccruedInterestReceivableNet

11294000

usd

CY2024

us-gaap

Increase Decrease In Other Operating Assets

IncreaseDecreaseInOtherOperatingAssets

939000

usd

CY2023

us-gaap

Increase Decrease In Other Operating Assets

IncreaseDecreaseInOtherOperatingAssets

-7559000

usd

CY2022

us-gaap

Increase Decrease In Other Operating Assets

IncreaseDecreaseInOtherOperatingAssets

-4470000

usd

CY2024

us-gaap

Increase Decrease In Accrued Liabilities

IncreaseDecreaseInAccruedLiabilities

-20264000

usd

CY2023

us-gaap

Operating Lease Lease Income

OperatingLeaseLeaseIncome

96950000

usd

CY2022

us-gaap

Operating Lease Lease Income

OperatingLeaseLeaseIncome

108269000

usd

CY2024

us-gaap

Gain Loss On Sales Of Loans Net

GainLossOnSalesOfLoansNet

30000

usd

CY2023

us-gaap

Gain Loss On Sales Of Loans Net

GainLossOnSalesOfLoansNet

-523000

usd

CY2023

us-gaap

Increase Decrease In Accrued Liabilities

IncreaseDecreaseInAccruedLiabilities

24647000

usd

CY2022

us-gaap

Increase Decrease In Accrued Liabilities

IncreaseDecreaseInAccruedLiabilities

36932000

usd

CY2024

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

133921000

usd

CY2023

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

180604000

usd

CY2022

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

106710000

usd

CY2022

us-gaap

Gain Loss On Sales Of Loans Net

GainLossOnSalesOfLoansNet

-2511000

usd

CY2024

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

25277000

usd

CY2023

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

8808000

usd

CY2024

ladr

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

PaymentsToAcquireLoansAndLeasesHeldForInvestmentAndOriginationOfLoans

195232000

usd

CY2023

ladr

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

PaymentsToAcquireLoansAndLeasesHeldForInvestmentAndOriginationOfLoans

68415000

usd

CY2024Q4

ladr

Number Of Unconsolidated Ventures Variable Interest Entities

NumberOfUnconsolidatedVenturesVariableInterestEntities

2

unconsolidatedventure

CY2024

us-gaap

Use Of Estimates

UseOfEstimates

<div>Use of Estimates</div><div> </div><div>The preparation of the consolidated financial statements in conformity with GAAP 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:</div><div style="padding-left:27pt"> </div><div style="padding-left:54pt;text-indent:-18pt">•valuation of real estate securities;</div><div style="padding-left:54pt;text-indent:-18pt">•valuation of mortgage loan receivables held for sale;</div><div style="padding-left:54pt;text-indent:-18pt">•valuation of real estate;</div><div style="padding-left:54pt;text-indent:-18pt">•allocation of purchase price for acquired real estate, including real estate acquired via foreclosure;</div><div style="padding-left:54pt;text-indent:-18pt">•impairment, and useful lives, of real estate;</div><div style="padding-left:54pt;text-indent:-18pt">•useful lives of intangible assets;</div><div style="padding-left:54pt;text-indent:-18pt">•valuation of derivative instruments;</div><div style="padding-left:54pt;text-indent:-18pt">•valuation of deferred tax asset (liability);</div><div style="padding-left:54pt;text-indent:-18pt">•determination of effective yield for recognition of interest income;</div><div style="padding-left:54pt;text-indent:-18pt">•adequacy of current expected credit losses (“CECL”) including the valuation of underlying collateral for collateral-dependent loans;</div><div style="padding-left:54pt;text-indent:-18pt">•determination of impairment of real estate securities and investments in and advances to unconsolidated ventures;</div><div style="padding-left:54pt;text-indent:-18pt">•certain estimates and assumptions used in the accrual of incentive compensation and calculation of the fair value of equity compensation issued to employees; and</div><div style="padding-left:54pt;text-indent:-18pt">•determination of the effective tax rate for income tax provision.</div>

CY2024

us-gaap

Property Plant And Equipment Impairment

PropertyPlantAndEquipmentImpairment

<div>Impairment of Property Held for Use</div><div> </div><div>On a periodic basis, management assesses whether there are any indicators that the value of the Company’s properties classified as held for use may be impaired. In addition to identifying any specific circumstances which may affect a property or properties, management considers other criteria for determining which properties may require assessment for potential impairment. The criteria considered by management include reviewing low leased percentages, significant near-term lease expirations, recently acquired properties, historical, current and projected operating and/or cash flow losses, near-term mortgage debt maturities or other factors that might impact the Company’s intent and ability to hold the property. A property’s value is impaired only if management’s estimate of the aggregate future cash flows (undiscounted and without debt service charges) to be generated by the property is less than the carrying value of the property. To the extent impairment has occurred, the loss shall be measured as the excess of the carrying amount of the property over the fair value of the property. The Company’s estimates of aggregate future cash flows expected to be generated by each property are based on a number of assumptions. These assumptions are generally based on management’s experience in its local real estate markets and the effects of current market conditions. The assumptions are subject to economic and market uncertainties including, among others, demand for space, competition for tenants, changes in market rental rates, and costs to operate each property. As these factors are difficult to predict and are subject to future events that may alter management’s assumptions, the future cash flows estimated by management in its impairment analyses may not be achieved, and actual losses or impairments may be realized in the future.</div>

CY2024Q4

us-gaap

Federal Home Loan Bank Stock

FederalHomeLoanBankStock

0

usd

CY2023Q4

us-gaap

Federal Home Loan Bank Stock

FederalHomeLoanBankStock

5200000

usd

CY2024

us-gaap

Revenue Recognition Interest

RevenueRecognitionInterest

<div style="text-align:justify">Interest Income</div><div> </div><div>Interest income is accrued based on the outstanding principal amount and contractual terms of the Company’s loans and securities. Discounts or premiums associated with the purchase of loans and investment securities are amortized or accreted into interest income as a yield adjustment on the effective interest method, based on expected cash flows through the expected recovery period of the investment. </div><div> </div><div>The Company applies the provisions of ASC 310-20 for our high credit quality securities rated AA or above. The effective yield on securities is based on the projected cash flows from each security, which is estimated based on the Company’s observation of the then current information and events and will include assumptions related to interest rates, prepayment rates and the timing and amount of credit losses. On at least a quarterly basis, the Company reviews and, if appropriate, makes adjustments to its cash flow projections based on input and analysis received from external sources, internal models, and its judgment about interest rates, prepayment rates, the timing and amount of credit losses (if applicable), and other factors. Changes in cash flows from those originally projected, or from those estimated at the last evaluation, may result in a retrospective change in the yield/interest income recognized on such securities. Actual maturities of the securities are affected by the contractual lives of the associated mortgage collateral, periodic payments of scheduled principal, and repayments of principal. Therefore, actual maturities of the securities will generally be shorter than stated contractual maturities.</div><div style="text-indent:27pt"> </div><div>For loans classified as held for investment and that the Company has not elected to record at fair value under ASC 825, origination fees and direct loan origination costs are recognized in interest income over the loan term as a yield adjustment using the effective interest method. For loans classified as held for sale and that the Company has not elected to record at fair value under ASC 825, origination fees and direct loan origination costs are deferred adjusting the basis of the loan and are realized as a portion of the gain/(loss) on sale of loans when sold. As of December 31, 2024 and 2023, the Company did not hold any loans for which the fair value option was elected.</div><div> </div><div>The Company applies the provisions in ASC 325-40 for our securities rated below AA, cash flows from a security are estimated by applying assumptions used to determine the fair value of such security and the excess of the future cash flows over the investment are recognized as interest income under the effective yield method. The Company will review and, if appropriate, make adjustments to, its cash flow projections at least quarterly and monitor these projections based on input and analysis received from external sources and its judgment about interest rates, prepayment rates, the timing and amount of credit losses and other factors. Changes in cash flows from those originally projected, or from those estimated at the last evaluation, may result in a prospective change in interest income recognized and amortization of any premium or discount on, or the carrying value of, such securities.</div><div> </div><div>For investments purchased that either meet the definition of a purchased financial asset with credit deterioration (“PCD”) or where there is significant difference between contractual cash flows and expected cash flows, the Company applies the PCD guidance in ASC 326-30. ASC 326-30 requires an initial estimate of expected credit losses to be recognized through an adjustment to the amortized cost basis of the financial asset (i.e., a balance sheet gross up) with no impact to earnings. </div><div> </div><div>As of the date of acquisition, the amount of expected credit losses is added to the purchase price of the security to establish the initial amortized cost basis. Any difference between the amortized cost basis (purchase price plus the initial allowance for credit losses) and the par amount of the security is considered to be a non-credit discount/premium and will be accreted/amortized into interest income using the interest method.</div>When assessing whether the credit quality of the asset has deteriorated, the Company compares the credit quality of the asset at the time of origination with the credit quality at the time of acquisition. An asset that was originated with low credit quality should not be considered to be PCD if there has not been a more-than-insignificant deterioration in credit since origination.

CY2024

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

125576784

shares

CY2022

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

124301421

shares

CY2024

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

125785295

shares

CY2022

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

125823671

shares

CY2024

us-gaap

Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount

AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount

274353

shares

CY2023

us-gaap

Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount

AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount

367001

shares

CY2024

ladr

Share Based Payment Arrangement Expense Excluding Options Exercised

ShareBasedPaymentArrangementExpenseExcludingOptionsExercised

18829000

usd

CY2023

ladr

Share Based Payment Arrangement Expense Excluding Options Exercised

ShareBasedPaymentArrangementExpenseExcludingOptionsExercised

18577000

usd

CY2022

ladr

Share Based Payment Arrangement Expense Excluding Options Exercised

ShareBasedPaymentArrangementExpenseExcludingOptionsExercised

31584000

usd

CY2024

us-gaap

Allocated Share Based Compensation Expense

AllocatedShareBasedCompensationExpense

18829000

usd

CY2023

us-gaap

Allocated Share Based Compensation Expense

AllocatedShareBasedCompensationExpense

18577000

usd

CY2022

us-gaap

Allocated Share Based Compensation Expense

AllocatedShareBasedCompensationExpense

31584000

usd

CY2024

us-gaap

Revenue Recognition Leases

RevenueRecognitionLeases

<div>Recognition of Operating Lease Income and Tenant Recoveries</div><div> </div><div>Certain arrangements may contain both lease and non-lease components. The Company determines if an arrangement is, or contains, a lease at contract inception. Only the lease components of these contractual arrangements are subject to the provisions of ASC 842. Any non-lease components are subject to other applicable accounting guidance. We elected, however, to adopt the optional practical expedient not to separate lease components from non-lease components for accounting purposes. This policy election has been adopted for each of the Company’s leased asset classes existing as of the effective date and subject to the transition provisions of ASC 842 - Leases, will be applied to all new or modified leases executed on or after January 1, 2019. For contractual arrangements executed in subsequent periods involving a new leased asset class, the Company will determine at contract inception whether it will apply the optional practical expedient to the new leased asset class.</div><div>Certain of the Company’s real estate is leased to others on a net lease basis where the tenant is generally responsible for payment of real estate taxes, property, building and general liability insurance and property and building maintenance. These leases are for fixed terms of varying length and provide for annual rentals. </div><div> </div><div>Rental income from operating leases is recognized in real estate operating income on a straight-line basis, generally from the later of the date the lessee takes possession of the space or the space is ready for its intended use. If the Company acquires a facility subject to an existing operating lease, the Company will recognize operating lease income on the straight-line method beginning on the date of acquisition over the term of the respective leases. The amount of future lease payments may be increased to include additional payments related to lease extension options when the Company has determined the extension options are reasonably certain to be exercised. The cumulative excess of rents recognized over amounts contractually due pursuant to the underlying leases are included in unbilled rent receivable within other assets in the consolidated balance sheets. </div><div> </div><div>Tenant reimbursements, which consist of real estate taxes and other municipal charges paid by the Company, which were reimbursable by our tenants pursuant to the terms of the lease agreements, are recognized as revenue in the period during which the applicable expenses are incurred. Tenant reimbursements are included in real estate operating income on the Company’s consolidated statements of income.</div><div> </div><div>The Company moves to cash basis for operating lease income recognition in the period in which collectability of all lease payments is no longer considered probable. At such time, any operating lease receivable or unbilled rent receivable balance will be written off. If and when lease payments that were previously not considered probable of collection become probable, the Company will move back to the straight-line method of income recognition and record an adjustment to operating lease income in that period as if the lease was always on the straight-line method of income recognition.</div>

CY2024

us-gaap

Prior Period Reclassification Adjustment Description

PriorPeriodReclassificationAdjustmentDescription

<div>Reclassification</div>The Company recognized unrealized and realized gain (loss) on securities into fee and other income for the year ended December 31, 2024. As such, the unrealized gain (loss) of $29 thousand and $(86) thousand and realized gain (loss) of $(276) thousand and $(73) thousand for the year ended December 31, 2023 and December 31, 2022, respectively, were reclassified into fee and other income on the consolidated statements of income.

CY2023

us-gaap

Debt And Equity Securities Unrealized Gain Loss

DebtAndEquitySecuritiesUnrealizedGainLoss

29000

usd

CY2022

us-gaap

Debt And Equity Securities Unrealized Gain Loss

DebtAndEquitySecuritiesUnrealizedGainLoss

-86000

usd

CY2023

us-gaap

Debt And Equity Securities Realized Gain Loss

DebtAndEquitySecuritiesRealizedGainLoss

-276000

usd

CY2022

us-gaap

Debt And Equity Securities Realized Gain Loss

DebtAndEquitySecuritiesRealizedGainLoss

-73000

usd

CY2024Q4

us-gaap

Financing Receivable Allowance For Credit Loss Excluding Accrued Interest

FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest

52323000

usd

CY2024Q4

ladr

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

MortgageLoansOnRealEstateFaceAmountOfMortgagesBalanceSheetDate

1627627000

usd

CY2024Q4

us-gaap

Mortgage Loans On Real Estate Commercial And Consumer Net

MortgageLoansOnRealEstateCommercialAndConsumerNet

1565897000

usd

CY2024

srt

Mortgage Loans On Real Estate Interest Rate

MortgageLoansOnRealEstateInterestRate

0.0927

CY2024

ladr

Mortgage Loans On Real Estate Remaining Maturity

MortgageLoansOnRealEstateRemainingMaturity

P1Y

CY2024

ladr

Financing Receivable Recorded Investment Nonaccrual Loans

FinancingReceivableRecordedInvestmentNonaccrualLoans

2

loans

CY2024Q4

us-gaap

Financing Receivable Excluding Accrued Interest Nonaccrual

FinancingReceivableExcludingAccruedInterestNonaccrual

76900000

usd

CY2024Q4

us-gaap

Financing Receivable Unamortized Loan Fee Cost

FinancingReceivableUnamortizedLoanFeeCost

5000000.0

usd

CY2023Q4

us-gaap

Financing Receivable Allowance For Credit Loss Excluding Accrued Interest

FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest

43165000

usd

CY2023Q4

ladr

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

MortgageLoansOnRealEstateFaceAmountOfMortgagesBalanceSheetDate

3195576000

usd

CY2023Q4

us-gaap

Mortgage Loans On Real Estate Commercial And Consumer Net

MortgageLoansOnRealEstateCommercialAndConsumerNet

3138792000

usd

CY2023

srt

Mortgage Loans On Real Estate Interest Rate

MortgageLoansOnRealEstateInterestRate

0.0961

CY2023

ladr

Mortgage Loans On Real Estate Remaining Maturity

MortgageLoansOnRealEstateRemainingMaturity

P0Y8M12D

CY2023

ladr

Financing Receivable Recorded Investment Nonaccrual Loans

FinancingReceivableRecordedInvestmentNonaccrualLoans

1

loans

CY2023Q4

us-gaap

Financing Receivable Excluding Accrued Interest Nonaccrual

FinancingReceivableExcludingAccruedInterestNonaccrual

14500000

usd

CY2023Q4

us-gaap

Financing Receivable Unamortized Loan Fee Cost

FinancingReceivableUnamortizedLoanFeeCost

9100000

usd

CY2024

ladr

Number Of Loans With Related Write Off

NumberOfLoansWithRelatedWriteOff

1

loans

CY2023Q4

us-gaap

Financing Receivable Allowance For Credit Loss Excluding Accrued Interest

FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest

43165000

usd

CY2022Q4

us-gaap

Financing Receivable Allowance For Credit Loss Excluding Accrued Interest

FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest

20755000

usd

CY2021Q4

us-gaap

Financing Receivable Allowance For Credit Loss Excluding Accrued Interest

FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest

31752000

usd

CY2024

us-gaap

Financing Receivable Excluding Accrued Interest Change In Method Credit Loss Expense Reversal

FinancingReceivableExcludingAccruedInterestChangeInMethodCreditLossExpenseReversal

14181000

usd

CY2023

us-gaap

Financing Receivable Excluding Accrued Interest Change In Method Credit Loss Expense Reversal

FinancingReceivableExcludingAccruedInterestChangeInMethodCreditLossExpenseReversal

25110000

usd

CY2022

us-gaap

Financing Receivable Excluding Accrued Interest Change In Method Credit Loss Expense Reversal

FinancingReceivableExcludingAccruedInterestChangeInMethodCreditLossExpenseReversal

6503000

usd

CY2024

us-gaap

Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff

FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff

5023000

usd

CY2023

us-gaap

Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff

FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff

2700000

usd

CY2022

us-gaap

Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff

FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff

14395000

usd

CY2024

us-gaap

Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery

FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery

0

usd

CY2023

us-gaap

Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery

FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery

0

usd

CY2022

us-gaap

Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery

FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery

3105000

usd

CY2024Q4

us-gaap

Financing Receivable Allowance For Credit Loss Excluding Accrued Interest

FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest

52323000

usd

CY2023Q4

us-gaap

Financing Receivable Allowance For Credit Loss Excluding Accrued Interest

FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest

43165000

usd

CY2022Q4

us-gaap

Financing Receivable Allowance For Credit Loss Excluding Accrued Interest

FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest

20755000

usd

CY2024

ladr

Number Of Loans With Related Write Off

NumberOfLoansWithRelatedWriteOff

1

loans

CY2024Q4

us-gaap

Financing Receivable Excluding Accrued Interest Nonaccrual

FinancingReceivableExcludingAccruedInterestNonaccrual

76875000

usd

CY2023Q4

us-gaap

Financing Receivable Excluding Accrued Interest Nonaccrual

FinancingReceivableExcludingAccruedInterestNonaccrual

14541000

usd

CY2024Q4

ladr

Financing Receivable And Off Balance Sheet Allowance For Credit Loss Current

FinancingReceivableAndOffBalanceSheetAllowanceForCreditLossCurrent

52800000

usd

CY2024Q4

us-gaap

Financing Receivable Allowance For Credit Loss Excluding Accrued Interest

FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest

52300000

usd

CY2024Q4

us-gaap

Off Balance Sheet Credit Loss Liability

OffBalanceSheetCreditLossLiability

500000

usd

CY2023Q4

ladr

Financing Receivable And Off Balance Sheet Allowance For Credit Loss Current

FinancingReceivableAndOffBalanceSheetAllowanceForCreditLossCurrent

43900000

usd

CY2023Q4

us-gaap

Financing Receivable Allowance For Credit Loss Excluding Accrued Interest

FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest

43200000

usd

CY2023Q4

us-gaap

Off Balance Sheet Credit Loss Liability

OffBalanceSheetCreditLossLiability

700000

usd

CY2024

us-gaap

Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal

FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal

13900000

usd

CY2024

us-gaap

Financing Receivable Allowance For Credit Losses Write Offs

FinancingReceivableAllowanceForCreditLossesWriteOffs

5000000

usd

CY2023

us-gaap

Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal

FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal

25100000

usd

CY2024Q4

ladr

Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year Subtotal

FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYearSubtotal

176789000

usd

CY2024Q4

ladr

Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Subtotal

FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearSubtotal

14636000

usd

CY2024Q4

ladr

Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Subtotal

FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearSubtotal

179369000

usd

CY2024Q4

ladr

Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year Subtotal

FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYearSubtotal

980026000

usd

CY2024Q4

ladr

Financing Receivable Excluding Accrued Interest Year Five Originated More Than Four Years Before Current Fiscal Year Subtotal

FinancingReceivableExcludingAccruedInterestYearFiveOriginatedMoreThanFourYearsBeforeCurrentFiscalYearSubtotal

240502000

usd

CY2024Q4

ladr

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Subtotal

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossSubtotal

1591322000

usd

CY2024Q4

ladr

Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year Individually Impaired Loans

FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYearIndividuallyImpairedLoans

0

usd

CY2024Q4

ladr

Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Individually Impaired Loans

FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearIndividuallyImpairedLoans

0

usd

CY2024Q4

ladr

Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Individually Impaired Loans

FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearIndividuallyImpairedLoans

0

usd

CY2024Q4

ladr

Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year Individually Impaired Loans

FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYearIndividuallyImpairedLoans

0

usd

CY2024Q4

ladr

Financing Receivable Excluding Accrued Interest Year Five Originated More Than Four Years Before Current Fiscal Year Individually Impaired Loans

FinancingReceivableExcludingAccruedInterestYearFiveOriginatedMoreThanFourYearsBeforeCurrentFiscalYearIndividuallyImpairedLoans

0

usd

CY2024Q4

ladr

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Individually Impaired Loans

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossIndividuallyImpairedLoans

0

usd

CY2024Q4

ladr

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Year One Originated Current Fiscal Year

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossYearOneOriginatedCurrentFiscalYear

176789000

usd

CY2024Q4

ladr

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Year Two Originated Fiscal Year Before Current Fiscal Year

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear

14636000

usd

CY2024Q4

ladr

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Year Three Originated Two Fiscal Years Before Current Fiscal Year

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossYearThreeOriginatedTwoFiscalYearsBeforeCurrentFiscalYear

179369000

usd

CY2024Q4

ladr

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Year Four Originated Three Fiscal Years Before Current Fiscal Year

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossYearFourOriginatedThreeFiscalYearsBeforeCurrentFiscalYear

980026000

usd

CY2024Q4

ladr

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Year Five Originated More Than Four Years Before Current Fiscal Year

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossYearFiveOriginatedMoreThanFourYearsBeforeCurrentFiscalYear

240502000

usd

CY2024Q4

us-gaap

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss

1591322000

usd

CY2023Q4

ladr

Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year Subtotal

FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYearSubtotal

14461000

usd

CY2023Q4

ladr

Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Subtotal

FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearSubtotal

919738000

usd

CY2023Q4

ladr

Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Subtotal

FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearSubtotal

1784006000

usd

CY2023Q4

ladr

Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year Subtotal

FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYearSubtotal

0

usd

CY2023Q4

ladr

Financing Receivable Excluding Accrued Interest Year Five Originated More Than Four Years Before Current Fiscal Year Subtotal

FinancingReceivableExcludingAccruedInterestYearFiveOriginatedMoreThanFourYearsBeforeCurrentFiscalYearSubtotal

436884000

usd

CY2023Q4

ladr

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Subtotal

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossSubtotal

3155089000

usd

CY2023Q4

ladr

Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year Individually Impaired Loans

FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYearIndividuallyImpairedLoans

0

usd

CY2023Q4

ladr

Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Individually Impaired Loans

FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearIndividuallyImpairedLoans

0

usd

CY2023Q4

ladr

Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Individually Impaired Loans

FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearIndividuallyImpairedLoans

0

usd

CY2023Q4

ladr

Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year Individually Impaired Loans

FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYearIndividuallyImpairedLoans

0

usd

CY2023Q4

ladr

Financing Receivable Excluding Accrued Interest Year Five Originated More Than Four Years Before Current Fiscal Year Individually Impaired Loans

FinancingReceivableExcludingAccruedInterestYearFiveOriginatedMoreThanFourYearsBeforeCurrentFiscalYearIndividuallyImpairedLoans

0

usd

CY2023Q4

ladr

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Individually Impaired Loans

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossIndividuallyImpairedLoans

0

usd

CY2023Q4

ladr

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Year One Originated Current Fiscal Year

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossYearOneOriginatedCurrentFiscalYear

14461000

usd

CY2023Q4

ladr

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Year Two Originated Fiscal Year Before Current Fiscal Year

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear

919738000

usd

CY2023Q4

ladr

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Year Three Originated Two Fiscal Years Before Current Fiscal Year

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossYearThreeOriginatedTwoFiscalYearsBeforeCurrentFiscalYear

1784006000

usd

CY2023Q4

ladr

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Year Four Originated Three Fiscal Years Before Current Fiscal Year

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossYearFourOriginatedThreeFiscalYearsBeforeCurrentFiscalYear

0

usd

CY2023Q4

ladr

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Year Five Originated More Than Four Years Before Current Fiscal Year

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossYearFiveOriginatedMoreThanFourYearsBeforeCurrentFiscalYear

436884000

usd

CY2023Q4

us-gaap

Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss

FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss

3155089000

usd

CY2024Q4

us-gaap

Financing Receivable Accrued Interest After Allowance For Credit Loss

FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss

9400000

usd

CY2023Q4

us-gaap

Financing Receivable Accrued Interest After Allowance For Credit Loss

FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss

22400000

usd

CY2024Q4

us-gaap

Investment Owned Underlying Face Amount At Market Value

InvestmentOwnedUnderlyingFaceAmountAtMarketValue

1868430000

usd

CY2024Q4

us-gaap

Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss

DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss

1067155000

usd

CY2024Q4

us-gaap

Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax

AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax

3492000

usd

CY2024Q4

us-gaap

Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax

AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax

8363000

usd

CY2024Q4

ladr

Debt Securities Available For Sale Before Allowance For Credit Loss

DebtSecuritiesAvailableForSaleBeforeAllowanceForCreditLoss

1062284000

usd

CY2024Q4

ladr

Available For Sale Securities Number Of Securities

AvailableForSaleSecuritiesNumberOfSecurities

113

security

CY2024Q4

ladr

Available For Sale Securities Weighted Average Coupon Percentage

AvailableForSaleSecuritiesWeightedAverageCouponPercentage

0.0356

CY2024Q4

us-gaap

Debt Securities Available For Sale Weighted Average Yield

DebtSecuritiesAvailableForSaleWeightedAverageYield

0.0603

CY2024

ladr

Available For Sale Securities Remaining Maturity Period

AvailableForSaleSecuritiesRemainingMaturityPeriod

P2Y4M13D

CY2024Q4

us-gaap

Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest

DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest

20000

usd

CY2024Q4

us-gaap

Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest

DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest

20000

usd

CY2024Q4

us-gaap

Investment Owned Underlying Face Amount At Market Value

InvestmentOwnedUnderlyingFaceAmountAtMarketValue

1868430000

usd

CY2024Q4

ladr

Debt Securities Availableforsale Amortized Costand Fvni

DebtSecuritiesAvailableforsaleAmortizedCostandFVNI

1086666000

usd

CY2024Q4

ladr

Debt Securities Available For Sale Accumulated Gross Unrealized Gain Before Tax And Fvni Unrealized Gain

DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainBeforeTaxAndFVNIUnrealizedGain

3495000

usd

CY2024Q4

ladr

Debt Securities Availableforsale Accumulated Gross Unrealized Lossbefore Taxand Fvni Loss

DebtSecuritiesAvailableforsaleAccumulatedGrossUnrealizedLossbeforeTaxandFVNILoss

9322000

usd

CY2024Q4

ladr

Debt Securities Available For Sale And Equity Securities Fvni

DebtSecuritiesAvailableForSaleAndEquitySecuritiesFVNI

1080839000

usd

CY2024Q4

ladr

Availableforsale Securities Numberof Securitiesand Equity Securities

AvailableforsaleSecuritiesNumberofSecuritiesandEquitySecurities

121

security

CY2023Q4

us-gaap

Investment Owned Underlying Face Amount At Market Value

InvestmentOwnedUnderlyingFaceAmountAtMarketValue

1407340000

usd

CY2023Q4

us-gaap

Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss

DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss

499389000

usd

CY2023Q4

us-gaap

Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax

AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax

565000

usd

CY2023Q4

us-gaap

Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax

AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax

14545000

usd

CY2023Q4

ladr

Debt Securities Available For Sale Before Allowance For Credit Loss

DebtSecuritiesAvailableForSaleBeforeAllowanceForCreditLoss

485409000

usd

CY2023Q4

ladr

Available For Sale Securities Number Of Securities

AvailableForSaleSecuritiesNumberOfSecurities

95

security

CY2023Q4

ladr

Available For Sale Securities Weighted Average Coupon Percentage

AvailableForSaleSecuritiesWeightedAverageCouponPercentage

0.0255

CY2023Q4

us-gaap

Debt Securities Available For Sale Weighted Average Yield

DebtSecuritiesAvailableForSaleWeightedAverageYield

0.0682

CY2023

ladr

Available For Sale Securities Remaining Maturity Period

AvailableForSaleSecuritiesRemainingMaturityPeriod

P1Y11M23D

CY2023Q4

us-gaap

Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest

DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest

20000

usd

CY2023Q4

us-gaap

Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest

DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest

20000

usd

CY2023Q4

us-gaap

Investment Owned Underlying Face Amount At Market Value

InvestmentOwnedUnderlyingFaceAmountAtMarketValue

1407340000

usd

CY2023Q4

ladr

Debt Securities Availableforsale Amortized Costand Fvni

DebtSecuritiesAvailableforsaleAmortizedCostandFVNI

499549000

usd

CY2023Q4

ladr

Debt Securities Available For Sale Accumulated Gross Unrealized Gain Before Tax And Fvni Unrealized Gain

DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainBeforeTaxAndFVNIUnrealizedGain

565000

usd

CY2023Q4

ladr

Debt Securities Availableforsale Accumulated Gross Unrealized Lossbefore Taxand Fvni Loss

DebtSecuritiesAvailableforsaleAccumulatedGrossUnrealizedLossbeforeTaxandFVNILoss

14581000

usd

CY2023Q4

ladr

Debt Securities Available For Sale And Equity Securities Fvni

DebtSecuritiesAvailableForSaleAndEquitySecuritiesFVNI

485533000

usd

CY2023Q4

ladr

Availableforsale Securities Numberof Securitiesand Equity Securities

AvailableforsaleSecuritiesNumberofSecuritiesandEquitySecurities

96

security

CY2024Q4

us-gaap

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

AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue

173875000

usd

CY2024Q4

us-gaap

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

AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue

888320000

usd

CY2024Q4

us-gaap

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

AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue

89000

usd

CY2024Q4

ladr

Debt Securities Available For Sale Excluding Equity Securities

DebtSecuritiesAvailableForSaleExcludingEquitySecurities

1062284000

usd

CY2024Q4

us-gaap

Equity Securities Fv Ni Current And Noncurrent

EquitySecuritiesFvNiCurrentAndNoncurrent

18600000

usd

CY2024Q4

us-gaap

Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest

DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest

20000

usd

CY2023Q4

us-gaap

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

AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue

137266000

usd

CY2023Q4

us-gaap

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

AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue

348038000

usd

CY2023Q4

us-gaap

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

AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue

105000

usd

CY2023Q4

ladr

Debt Securities Available For Sale Excluding Equity Securities

DebtSecuritiesAvailableForSaleExcludingEquitySecurities

485409000

usd

CY2023Q4

us-gaap

Equity Securities Fv Ni Current And Noncurrent

EquitySecuritiesFvNiCurrentAndNoncurrent

100000

usd

CY2023Q4

us-gaap

Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest

DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest

20000

usd

CY2024

us-gaap

Proceeds From Sale Of Equity Securities Fv Ni

ProceedsFromSaleOfEquitySecuritiesFvNi

1800000

usd

CY2023

us-gaap

Proceeds From Sale Of Equity Securities Fv Ni

ProceedsFromSaleOfEquitySecuritiesFvNi

0

usd

CY2024

us-gaap

Debt And Equity Securities Realized Gain Loss

DebtAndEquitySecuritiesRealizedGainLoss

172000

usd

CY2023

us-gaap

Debt And Equity Securities Realized Gain Loss

DebtAndEquitySecuritiesRealizedGainLoss

-276000

usd

CY2022

us-gaap

Debt And Equity Securities Realized Gain Loss

DebtAndEquitySecuritiesRealizedGainLoss

-73000

usd

CY2024

us-gaap

Debt And Equity Securities Unrealized Gain Loss

DebtAndEquitySecuritiesUnrealizedGainLoss

-925000

usd

CY2023

us-gaap

Debt And Equity Securities Unrealized Gain Loss

DebtAndEquitySecuritiesUnrealizedGainLoss

29000

usd

CY2022

us-gaap

Debt And Equity Securities Unrealized Gain Loss

DebtAndEquitySecuritiesUnrealizedGainLoss

-86000

usd

CY2024

us-gaap

Debt And Equity Securities Gain Loss

DebtAndEquitySecuritiesGainLoss

-753000

usd

CY2023

us-gaap

Debt And Equity Securities Gain Loss

DebtAndEquitySecuritiesGainLoss

-247000

usd

CY2022

us-gaap

Debt And Equity Securities Gain Loss

DebtAndEquitySecuritiesGainLoss

-159000

usd

CY2024Q4

us-gaap

Real Estate Investment Property Accumulated Depreciation

RealEstateInvestmentPropertyAccumulatedDepreciation

233595000

usd

CY2023Q4

us-gaap

Real Estate Investment Property Accumulated Depreciation

RealEstateInvestmentPropertyAccumulatedDepreciation

220784000

usd

CY2024Q4

us-gaap

Real Estate Investment Property Net

RealEstateInvestmentPropertyNet

670803000

usd

CY2023Q4

us-gaap

Real Estate Investment Property Net

RealEstateInvestmentPropertyNet

726442000

usd

CY2024Q4

us-gaap

Below Market Lease Net

BelowMarketLeaseNet

25340000

usd

CY2023Q4

us-gaap

Below Market Lease Net

BelowMarketLeaseNet

28860000

usd

CY2024Q4

ladr

Real Estates Unencumbered

RealEstatesUnencumbered

213400000

usd

CY2023Q4

ladr

Real Estates Unencumbered

RealEstatesUnencumbered

160800000

usd

CY2024Q4

us-gaap

Below Market Lease Accumulated Amortization

BelowMarketLeaseAccumulatedAmortization

16500000

usd

CY2023Q4

us-gaap

Below Market Lease Accumulated Amortization

BelowMarketLeaseAccumulatedAmortization

15800000

usd

CY2024

us-gaap

Depreciation

25204000

usd

CY2023

us-gaap

Depreciation

24166000

usd

CY2022

us-gaap

Depreciation

25770000

usd

CY2024

us-gaap

Amortization Of Deferred Charges

AmortizationOfDeferredCharges

7123000

usd

CY2023

us-gaap

Amortization Of Deferred Charges

AmortizationOfDeferredCharges

5748000

usd

CY2022

us-gaap

Amortization Of Deferred Charges

AmortizationOfDeferredCharges

6903000

usd

CY2024

us-gaap

Depreciation And Amortization

DepreciationAndAmortization

32327000

usd

CY2023

us-gaap

Depreciation And Amortization

DepreciationAndAmortization

29914000

usd

CY2022

us-gaap

Depreciation And Amortization

DepreciationAndAmortization

32673000

usd

CY2024

ladr

Depreciation On Corporate Fixed Assets

DepreciationOnCorporateFixedAssets

400000

usd

CY2023

ladr

Depreciation On Corporate Fixed Assets

DepreciationOnCorporateFixedAssets

400000

usd

CY2022

ladr

Depreciation On Corporate Fixed Assets

DepreciationOnCorporateFixedAssets

41000

usd

CY2024Q4

us-gaap

Finite Lived Intangible Assets Gross

FiniteLivedIntangibleAssetsGross

107899000

usd

CY2023Q4

us-gaap

Finite Lived Intangible Assets Gross

FiniteLivedIntangibleAssetsGross

116831000

usd

CY2024Q4

us-gaap

Finite Lived Intangible Assets Accumulated Amortization

FiniteLivedIntangibleAssetsAccumulatedAmortization

57281000

usd

CY2023Q4

us-gaap

Finite Lived Intangible Assets Accumulated Amortization

FiniteLivedIntangibleAssetsAccumulatedAmortization

55782000

usd

CY2024Q4

us-gaap

Finite Lived Intangible Assets Net

FiniteLivedIntangibleAssetsNet

50618000

usd

CY2023Q4

us-gaap

Finite Lived Intangible Assets Net

FiniteLivedIntangibleAssetsNet

61049000

usd

CY2024Q4

ladr

Favorable Unfavorable Lease Intangibles

FavorableUnfavorableLeaseIntangibles

2300000

usd

CY2023Q4

ladr

Favorable Unfavorable Lease Intangibles

FavorableUnfavorableLeaseIntangibles

2800000

usd

CY2024

us-gaap

Amortization Of Below Market Lease

AmortizationOfBelowMarketLease

2078000

usd

CY2023

us-gaap

Amortization Of Below Market Lease

AmortizationOfBelowMarketLease

2106000

usd

CY2022

us-gaap

Amortization Of Below Market Lease

AmortizationOfBelowMarketLease

2068000

usd

CY2024

us-gaap

Amortization Of Above And Below Market Leases

AmortizationOfAboveAndBelowMarketLeases

-1700000

usd

CY2023

us-gaap

Amortization Of Above And Below Market Leases

AmortizationOfAboveAndBelowMarketLeases

-1797000

usd

CY2022

us-gaap

Amortization Of Above And Below Market Leases

AmortizationOfAboveAndBelowMarketLeases

-1763000

usd

CY2024Q4

ladr

Unbilled Rent Receivables

UnbilledRentReceivables

2600000

usd

CY2023Q4

ladr

Unbilled Rent Receivables

UnbilledRentReceivables

1100000

usd

CY2024Q4

us-gaap

Lessor Operating Lease Payments To Be Received Next Twelve Months

LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths

58061000

usd

CY2024Q4

us-gaap

Lessor Operating Lease Payments To Be Received Two Years

LessorOperatingLeasePaymentsToBeReceivedTwoYears

51692000

usd

CY2024Q4

us-gaap

Lessor Operating Lease Payments To Be Received Three Years

LessorOperatingLeasePaymentsToBeReceivedThreeYears

47582000

usd

CY2024Q4

us-gaap

Lessor Operating Lease Payments To Be Received Four Years

LessorOperatingLeasePaymentsToBeReceivedFourYears

45975000

usd

CY2024Q4

us-gaap

Lessor Operating Lease Payments To Be Received Five Years

LessorOperatingLeasePaymentsToBeReceivedFiveYears

44824000

usd

CY2024Q4

us-gaap

Lessor Operating Lease Payments To Be Received Thereafter

LessorOperatingLeasePaymentsToBeReceivedThereafter

121323000

usd

CY2024Q4

us-gaap

Lessor Operating Lease Payments To Be Received

LessorOperatingLeasePaymentsToBeReceived

369457000

usd

CY2024

ladr

Tenant Recoveries

TenantRecoveries

6400000

usd

CY2023

ladr

Tenant Recoveries

TenantRecoveries

4800000

usd

CY2022

ladr

Tenant Recoveries

TenantRecoveries

-5200000

usd

CY2024

us-gaap

Business Combination Consideration Transferred1

BusinessCombinationConsiderationTransferred1

48796000

usd

CY2023

us-gaap

Business Combination Consideration Transferred1

BusinessCombinationConsiderationTransferred1

87526000

usd

CY2022

us-gaap

Business Combination Consideration Transferred1

BusinessCombinationConsiderationTransferred1

24822000

usd

CY2023

ladr

Proceeds From Sale Real Estate Held For Investment Assumed By Buyer Amount

ProceedsFromSaleRealEstateHeldForInvestmentAssumedByBuyerAmount

31300000

usd

CY2024

us-gaap

Schedule Of Repurchase Agreements

ScheduleOfRepurchaseAgreements

<div>The details of the Company’s debt obligations at December 31, 2024 and December 31, 2023 are as follows ($ in thousands):</div><div> </div><div>December 31, 2024 <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:15.128%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.525%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:1.970%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.648%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.309%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.700%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.163%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.356%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.356%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.917%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.771%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.771%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:1.981%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Debt Obligations</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Committed / Principal Amount</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Carrying Value of Debt Obligations </td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Committed but Unfunded</td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Interest Rate at December 31, 2024(1)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Current Term Maturity</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Remaining Extension Options</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Eligible Collateral</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Carrying Amount of Collateral</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Fair Value of Collateral</td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Committed Loan Repurchase Facility</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom">500,000 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom">62,738 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom">437,262 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">6.55%</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">6.55%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">9/27/2025</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">(2)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">(3)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom">97,254 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom">97,254 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">Committed Loan Repurchase Facility</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">300,000 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">300,000 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">—%</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">—%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">10/21/2027</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">(4)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">(5)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Committed Loan Repurchase Facility</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">56,000 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">56,000 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—%</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">4/30/2026</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">(6)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">(3)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">Committed Loan Repurchase Facility</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">200,000 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">200,000 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">—%</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">—%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">10/3/2025</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">(7)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">(3)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">14,636 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">14,730 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Committed Loan Repurchase Facility</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">100,000 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">100,000 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—%</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">1/22/2025</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">(8)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">(5)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom">Total Committed Loan Repurchase Facilities</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1,156,000 </td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">62,738 </td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1,093,262 </td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">111,890 </td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">111,984 </td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Uncommitted Securities Repurchase Facility</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"> N/A (9) </td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"> N/A (9) </td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—%</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">N/A</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"> N/A </td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">(10)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom">Total Repurchase Facilities</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1,156,000 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">62,738 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1,093,262 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">111,890 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">111,984 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Revolving Credit Facility</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">725,000 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">725,000 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—%</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">12/20/2028</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">(11)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"> N/A (12) </td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">N/A (12)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">N/A (12)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">Mortgage Loan Financing</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">443,733 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">446,397 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">4.39%</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">8.09%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">2025-2034 (13)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"> N/A </td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">(14)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">451,880 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">629,726 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">(15)</td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">CLO Debt</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">601,464 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">601,429 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">(16)</td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">5.71%</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">8.16%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">2025-2026 (17)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">N/A</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">(3)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">831,270 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">831,270 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">Senior Unsecured Notes</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2,041,557 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2,025,053 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">(18)</td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">4.25%</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">7.00%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">2025-2031</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"> N/A </td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"> N/A (19)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">N/A (19)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">N/A (19)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom">Total Debt Obligations, Net</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">4,967,754 </td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">3,135,617 </td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">1,818,262 </td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">1,395,040 </td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">1,572,980 </td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:29.239%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td></tr></table></div><div style="padding-left:22.5pt;text-indent:-22.5pt">(1)Interest rates on floating rate debt reflect the applicable index in effect as of December 31, 2024.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(2)Two 12-month extension periods at Company’s option. No new advances are permitted after the initial maturity date.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(3)First mortgage commercial real estate loans and senior and pari passu interests therein. Eligible collateral does not include the real estate collateralizing such loans.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(4)Two additional 364-day period at lender’s option.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(5)First mortgage and mezzanine commercial real estate loans and senior and pari passu interests therein. Eligible collateral does not include the real estate collateralizing such loans.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(6)Three additional 12-month extension periods at Company’s option.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(7)Two additional 12-month extension periods at Company’s option. No new advances permitted past 30 days prior to initial maturity.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(8)One additional 12-month extension period at Company's option. No new advances permitted during the final 12-month period.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(9)Represents uncommitted securities repurchase facilities for which there is no committed amount subject to future advances.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(10)Commercial real estate securities. Eligible collateral does not include the first mortgage commercial real estate loans collateralizing such securities.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(11)Two additional 6-month periods at Company’s option. </div><div style="padding-left:22.5pt;text-indent:-22.5pt">(12)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.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(13)Anticipated repayment dates.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(14)Certain of the Company’s real estate investments serve as collateral for the Company’s mortgage loan financing.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(15)Represents undepreciated carrying value of commercial real estate collateral. </div><div style="padding-left:22.5pt;text-indent:-22.5pt">(16)Presented net of unamortized debt issuance costs of less than $0.1 million at December 31, 2024. </div><div style="padding-left:22.5pt;text-indent:-22.5pt">(17)Represents the estimated maturity date based on the underlying loan maturities.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(18)Presented net of unamortized debt issuance costs of $16.5 million at December 31, 2024. </div><div style="padding-left:22.5pt;text-indent:-22.5pt">(19)The obligations under the senior unsecured notes are guaranteed by the Company and certain of its subsidiaries.</div><div>December 31, 2023<table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:15.128%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.525%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:1.970%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.648%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.309%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.700%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.163%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.356%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.356%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.917%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.771%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.771%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:1.981%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Debt Obligations</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Committed / Principal Amount</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Carrying Value of Debt Obligations </td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Committed but Unfunded</td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Interest Rate at December 31, 2022(1)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Current Term Maturity</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Remaining Extension Options</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Eligible Collateral</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Carrying Amount of Collateral</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Fair Value of Collateral</td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom">Committed Loan Repurchase Facility</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">500,000 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">235,594 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">264,406 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom">7.08%</td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom">7.48%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">9/27/2025</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">(2)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">(3)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">342,467 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">342,467 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Committed Loan Repurchase Facility</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">300,000 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">118,903 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">181,097 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">7.46%</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">8.36%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">12/19/2024</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">(4)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">(5)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">174,938 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">174,938 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">Committed Loan Repurchase Facility</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">141,997 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">139,162 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2,835 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">7.06%</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">7.60%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">4/30/2024</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">(6)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">(3)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">65,110 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">65,110 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">(7)</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Committed Loan Repurchase Facility</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">200,000 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">111,340 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">88,660 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">7.22%</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">8.29%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">10/3/2025</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">(8)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">(3)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">150,280 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">150,559 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">Committed Loan Repurchase Facility</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">100,000 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">100,000 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">—%</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">—%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">1/22/2024</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">(9)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">(5)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom">Total Committed Loan Repurchase Facilities</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1,241,997 </td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">604,999 </td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">636,998 </td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">732,795 </td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">733,074 </td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">Committed Securities Repurchase Facility</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">100,000 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">100,000 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">—%</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">—%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">5/27/2024</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">N/A</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">(10)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Uncommitted Securities Repurchase Facility</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">N/A (11)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1,608 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">N/A (11)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">6.61%</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">7.56%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">1/17/2024</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">N/A</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">(10)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2,511 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2,511 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">(12)</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom">Total Repurchase Facilities</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1,341,997 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">606,607 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">736,998 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">735,306 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">735,585 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Revolving Credit Facility</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">323,850 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">323,850 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—%</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">7/27/2024</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">(13)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">N/A (14)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">N/A (14)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">N/A (14)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">Mortgage Loan Financing</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">437,384 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">437,759 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">4.39%</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">9.03%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">2024-2031 (15)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">N/A</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">(16)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">474,740 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">625,454 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">(17)</td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">CLO Debt</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1,062,777 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1,060,719 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">(18)</td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">6.68%</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">9.13%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">2024-2026 (19)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">N/A</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">(3)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1,327,722 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1,327,722 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">Borrowings from the FHLB</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">115,000 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">115,000 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">5.76%</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">5.88%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">2024</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">N/A</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom">(20)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">140,276 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">140,276 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Senior Unsecured Notes</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1,575,614 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1,563,861 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">(21)</td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">4.25%</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">—</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">5.25%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">2025-2029</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">N/A</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">N/A (22)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">N/A (22)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">N/A (22)</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom">Total Debt Obligations, Net</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">4,856,622 </td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">3,783,946 </td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">1,060,848 </td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">2,678,044 </td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">2,829,037 </td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr></table></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:29.239%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"></td></tr></table></div><div style="padding-left:22.5pt;text-indent:-22.5pt">(1)Interest rates on floating rate debt reflect the applicable index in effect as of December 31, 2023.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(2)Two 12-month extension periods at Company’s option. No new advances are permitted after the initial maturity date.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(3)First mortgage commercial real estate loans and senior and pari passu interests therein. Eligible collateral does not include the real estate collateralizing such loans.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(4)One additional 364-day period at Company’s option.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(5)First mortgage and mezzanine commercial real estate loans and senior and pari passu interests therein. Eligible collateral does not include the real estate collateralizing such loans.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(6)Three additional 12-month extension periods at Company’s option.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(7)The Company has pledged mortgage loans receivable with a value of $114.7 million that eliminates in consolidation and is thus not included in the carrying amount of collateral or fair value of collateral.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(8)Two additional 12-month extension periods at Company’s option. No new advances permitted past 30 days prior to initial maturity.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(9)Two additional 12-month extension periods at Company's option. No new advances permitted during the final 12-month period.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(10)Commercial real estate securities. Eligible collateral does not include the first mortgage commercial real estate loans collateralizing such securities.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(11)Represents uncommitted securities repurchase facilities for which there is no committed amount subject to future advances.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(12)Includes $1.9 million of restricted securities under the risk retention rules of the Dodd-Frank Act. These securities are accounted for as held-to-maturity and recorded at amortized cost basis.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(13)Three additional 12-month periods at Company’s option. </div><div style="padding-left:22.5pt;text-indent:-22.5pt">(14)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.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(15)Anticipated repayment dates.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(16)Certain of the Company’s real estate investments serve as collateral for the Company’s mortgage loan financing.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(17)Represents undepreciated carrying value of commercial real estate collateral. </div><div style="padding-left:22.5pt;text-indent:-22.5pt">(18)Presented net of unamortized debt issuance costs of $2.1 million at December 31, 2023. </div><div style="padding-left:22.5pt;text-indent:-22.5pt">(19)Represents the estimated maturity date based on the remaining reinvestment period and underlying loan maturities.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(20)Investment grade commercial real estate securities. It does not include the first mortgage commercial real estate loans collateralizing such securities.</div><div style="padding-left:22.5pt;text-indent:-22.5pt">(21)Presented net of unamortized debt issuance costs of $11.8 million at December 31, 2023. </div><div style="padding-left:22.5pt;text-indent:-22.5pt">(22)The obligations under the senior unsecured notes are guaranteed by the Company and certain of its subsidiaries.</div>

CY2024Q4

us-gaap

Securities Sold Under Agreements To Repurchase

SecuritiesSoldUnderAgreementsToRepurchase

62700000

usd

CY2024Q4

ladr

Securities Sold Under Agreements To Repurchase Number Of Counterparties With Repurchase Agreements

SecuritiesSoldUnderAgreementsToRepurchaseNumberOfCounterpartiesWithRepurchaseAgreements

1

counterparty

CY2024Q4

ladr

Securities Sold Under Agreements To Repurchase Number Of Counterparties With Collateral Exceeding Borrowed Amounts

SecuritiesSoldUnderAgreementsToRepurchaseNumberOfCounterpartiesWithCollateralExceedingBorrowedAmounts

0

security

CY2024

ladr

Securities Sold Under Agreements To Repurchase Amount Of Collateral Exceeding Borrowings

SecuritiesSoldUnderAgreementsToRepurchaseAmountOfCollateralExceedingBorrowings

153300000

usd

CY2024

ladr

Securities Sold Under Agreements To Repurchase Amount Of Collateral Exceeding Borrowings As Percentage Of Equity

SecuritiesSoldUnderAgreementsToRepurchaseAmountOfCollateralExceedingBorrowingsAsPercentageOfEquity

0.10

CY2024

ladr

Securities Sold Under Agreements To Repurchase Weighted Average Margin

SecuritiesSoldUnderAgreementsToRepurchaseWeightedAverageMargin

0.44

CY2024Q4

us-gaap

Retained Earnings Appropriated

RetainedEarningsAppropriated

871400000

usd

CY2024Q4

us-gaap

Long Term Debt Maturities Repayments Of Principal In Next Twelve Months

LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths

444735000

usd

CY2024Q4

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Two

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo

89161000

usd

CY2024Q4

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Three

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree

727840000

usd

CY2024Q4

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Four

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour

24317000

usd

CY2024Q4

us-gaap

Long Term Debt Maturities Repayments Of Principal In Year Five

LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive

669484000

usd

CY2024Q4

us-gaap

Long Term Debt Maturities Repayments Of Principal After Year Five

LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive

592490000

usd

CY2024Q4

us-gaap

Debt And Capital Lease Obligations

DebtAndCapitalLeaseObligations

2548027000

usd

CY2024Q4

us-gaap

Debt Instrument Unamortized Premium

DebtInstrumentUnamortizedPremium

3719000

usd

CY2024Q4

ladr

Debt Obligations

DebtObligations

2534187000

usd

CY2024Q4

us-gaap

Derivative Notional Amount

DerivativeNotionalAmount

90000000

usd

CY2024Q4

us-gaap

Derivative Assets

DerivativeAssets

437000

usd

CY2024Q4

us-gaap

Derivative Liabilities

DerivativeLiabilities

0

usd

CY2023Q4

us-gaap

Derivative Notional Amount

DerivativeNotionalAmount

194900000

usd

CY2023Q4

us-gaap

Derivative Assets

DerivativeAssets

1454000

usd

CY2023Q4

us-gaap

Derivative Liabilities

DerivativeLiabilities

0

usd

CY2024

ladr

Unrealized Gain Or Loss On Derivatives

UnrealizedGainOrLossOnDerivatives

-1860000

usd

CY2024

us-gaap

Derivative Gain Loss On Derivative Net

DerivativeGainLossOnDerivativeNet

7280000

usd

CY2024

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

5420000

usd

CY2023

ladr

Unrealized Gain Or Loss On Derivatives

UnrealizedGainOrLossOnDerivatives

-390000

usd

CY2023

us-gaap

Derivative Gain Loss On Derivative Net

DerivativeGainLossOnDerivativeNet

1871000

usd

CY2023

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

1481000

usd

CY2022

ladr

Unrealized Gain Or Loss On Derivatives

UnrealizedGainOrLossOnDerivatives

634000

usd

CY2022

us-gaap

Derivative Gain Loss On Derivative Net

DerivativeGainLossOnDerivativeNet

11726000

usd

CY2022

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

12360000

usd

CY2024Q4

us-gaap

Restricted Cash And Cash Equivalents

RestrictedCashAndCashEquivalents

0

usd

CY2023Q4

us-gaap

Restricted Cash And Cash Equivalents

RestrictedCashAndCashEquivalents

2800000

usd

CY2022Q4

us-gaap

Restricted Cash And Cash Equivalents

RestrictedCashAndCashEquivalents

2500000

usd

CY2024Q4

us-gaap

Derivative Fair Value Of Derivative Asset

DerivativeFairValueOfDerivativeAsset

437000

usd

CY2024Q4

us-gaap

Derivative Asset Fair Value Gross Liability

DerivativeAssetFairValueGrossLiability

0

usd

CY2024Q4

us-gaap

Derivative Assets Liabilities At Fair Value Net

DerivativeAssetsLiabilitiesAtFairValueNet

437000

usd

CY2024Q4

us-gaap

Derivative Collateral Obligation To Return Securities

DerivativeCollateralObligationToReturnSecurities

0

usd

CY2024Q4

us-gaap

Derivative Collateral Obligation To Return Cash

DerivativeCollateralObligationToReturnCash

0

usd

CY2024Q4

ladr

Derivative Asset Including Not Subject To Master Netting Arrangement After Offset And Deduction Net

DerivativeAssetIncludingNotSubjectToMasterNettingArrangementAfterOffsetAndDeductionNet

437000

usd

CY2024Q4

us-gaap

Derivative Fair Value Of Derivative Asset

DerivativeFairValueOfDerivativeAsset

437000

usd

CY2024Q4

us-gaap

Derivative Asset Fair Value Gross Liability

DerivativeAssetFairValueGrossLiability

0

usd

CY2024Q4

us-gaap

Derivative Assets Liabilities At Fair Value Net

DerivativeAssetsLiabilitiesAtFairValueNet

437000

usd

CY2024Q4

us-gaap

Derivative Collateral Obligation To Return Securities

DerivativeCollateralObligationToReturnSecurities

0

usd

CY2024Q4

us-gaap

Derivative Collateral Obligation To Return Cash

DerivativeCollateralObligationToReturnCash

0

usd

CY2024Q4

ladr

Derivative Asset Including Not Subject To Master Netting Arrangement After Offset And Deduction Net

DerivativeAssetIncludingNotSubjectToMasterNettingArrangementAfterOffsetAndDeductionNet

437000

usd

CY2024Q4

us-gaap

Securities Sold Under Agreements To Repurchase Gross

SecuritiesSoldUnderAgreementsToRepurchaseGross

62738000

usd

CY2024Q4

us-gaap

Securities Sold Under Agreements To Repurchase Asset

SecuritiesSoldUnderAgreementsToRepurchaseAsset

0

usd

CY2024Q4

us-gaap

Securities Sold Under Agreements To Repurchase

SecuritiesSoldUnderAgreementsToRepurchase

62738000

usd

CY2024Q4

us-gaap

Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities

SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities

62738000

usd

CY2024Q4

us-gaap

Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash

SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash

0

usd

CY2024Q4

us-gaap

Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral

SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral

62738000

usd

CY2024Q4

us-gaap

Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross

62738000

usd

CY2024Q4

us-gaap

Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset

0

usd

CY2024Q4

us-gaap

Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned

62738000

usd

CY2024Q4

us-gaap

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

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities

62738000

usd

CY2024Q4

us-gaap

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

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash

0

usd

CY2024Q4

us-gaap

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

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral

62738000

usd

CY2023Q4

us-gaap

Derivative Fair Value Of Derivative Asset

DerivativeFairValueOfDerivativeAsset

1454000

usd

CY2023Q4

us-gaap

Derivative Asset Fair Value Gross Liability

DerivativeAssetFairValueGrossLiability

0

usd

CY2023Q4

us-gaap

Derivative Assets

DerivativeAssets

1454000

usd

CY2023Q4

us-gaap

Derivative Collateral Obligation To Return Securities

DerivativeCollateralObligationToReturnSecurities

0

usd

CY2023Q4

us-gaap

Derivative Collateral Obligation To Return Cash

DerivativeCollateralObligationToReturnCash

2846000

usd

CY2023Q4

ladr

Derivative Asset Including Not Subject To Master Netting Arrangement After Offset And Deduction Net

DerivativeAssetIncludingNotSubjectToMasterNettingArrangementAfterOffsetAndDeductionNet

-1392000

usd

CY2023Q4

us-gaap

Derivative Fair Value Of Derivative Asset

DerivativeFairValueOfDerivativeAsset

1454000

usd

CY2023Q4

us-gaap

Derivative Asset Fair Value Gross Liability

DerivativeAssetFairValueGrossLiability

0

usd

CY2023Q4

us-gaap

Derivative Assets

DerivativeAssets

1454000

usd

CY2023Q4

us-gaap

Derivative Collateral Obligation To Return Securities

DerivativeCollateralObligationToReturnSecurities

0

usd

CY2023Q4

us-gaap

Derivative Collateral Obligation To Return Cash

DerivativeCollateralObligationToReturnCash

2846000

usd

CY2023Q4

ladr

Derivative Asset Including Not Subject To Master Netting Arrangement After Offset And Deduction Net

DerivativeAssetIncludingNotSubjectToMasterNettingArrangementAfterOffsetAndDeductionNet

-1392000

usd

CY2023Q4

us-gaap

Securities Sold Under Agreements To Repurchase Gross

SecuritiesSoldUnderAgreementsToRepurchaseGross

606607000

usd

CY2023Q4

us-gaap

Securities Sold Under Agreements To Repurchase Asset

SecuritiesSoldUnderAgreementsToRepurchaseAsset

0

usd

CY2023Q4

us-gaap

Securities Sold Under Agreements To Repurchase

SecuritiesSoldUnderAgreementsToRepurchase

606607000

usd

CY2023Q4

us-gaap

Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities

SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities

606607000

usd

CY2023Q4

us-gaap

Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash

SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash

0

usd

CY2023Q4

us-gaap

Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral

SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral

606607000

usd

CY2023Q4

us-gaap

Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross

606607000

usd

CY2023Q4

us-gaap

Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset

0

usd

CY2023Q4

us-gaap

Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned

606607000

usd

CY2023Q4

us-gaap

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

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities

606607000

usd

CY2023Q4

us-gaap

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

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash

0

usd

CY2023Q4

us-gaap

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

DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral

606607000

usd

CY2023Q4

ladr

Number Of Consolidated Collateralized Loan Obligation Variable Interest Entities

NumberOfConsolidatedCollateralizedLoanObligationVariableInterestEntities

2

security

CY2024Q4

ladr

Number Of Consolidated Collateralized Loan Obligation Variable Interest Entities

NumberOfConsolidatedCollateralizedLoanObligationVariableInterestEntities

2

security

CY2024Q4

ladr

Number Of Classes Of Stock

NumberOfClassesOfStock

1

class

CY2023Q4

ladr

Number Of Classes Of Stock

NumberOfClassesOfStock

1

class

CY2022Q4

ladr

Number Of Classes Of Stock

NumberOfClassesOfStock

1

class

CY2024

us-gaap

Current Federal Tax Expense Benefit

CurrentFederalTaxExpenseBenefit

1321000

usd

CY2023

us-gaap

Current Federal Tax Expense Benefit

CurrentFederalTaxExpenseBenefit

2204000

usd

CY2022

us-gaap

Current Federal Tax Expense Benefit

CurrentFederalTaxExpenseBenefit

1823000

usd

CY2024

us-gaap

Current State And Local Tax Expense Benefit

CurrentStateAndLocalTaxExpenseBenefit

443000

usd

CY2023

us-gaap

Current State And Local Tax Expense Benefit

CurrentStateAndLocalTaxExpenseBenefit

858000

usd

CY2022

us-gaap

Current State And Local Tax Expense Benefit

CurrentStateAndLocalTaxExpenseBenefit

3591000

usd

CY2024

us-gaap

Current Income Tax Expense Benefit

CurrentIncomeTaxExpenseBenefit

1764000

usd

CY2023

us-gaap

Current Income Tax Expense Benefit

CurrentIncomeTaxExpenseBenefit

3062000

usd

CY2022

us-gaap

Current Income Tax Expense Benefit

CurrentIncomeTaxExpenseBenefit

5414000

usd

CY2024

us-gaap

Deferred Federal Income Tax Expense Benefit

DeferredFederalIncomeTaxExpenseBenefit

940000

usd

CY2023

us-gaap

Deferred Federal Income Tax Expense Benefit

DeferredFederalIncomeTaxExpenseBenefit

964000

usd

CY2022

us-gaap

Deferred Federal Income Tax Expense Benefit

DeferredFederalIncomeTaxExpenseBenefit

-445000

usd

CY2024

us-gaap

Deferred State And Local Income Tax Expense Benefit

DeferredStateAndLocalIncomeTaxExpenseBenefit

744000

usd

CY2023Q4

us-gaap

Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value

SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue

12.37

CY2024

us-gaap

Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value

ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue

10.70

CY2024

us-gaap

Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value

SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue

10.91

CY2024

us-gaap

Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value

SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue

11.22

CY2024Q4

us-gaap

Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value

SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue

12.28

CY2024Q4

us-gaap

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

EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized

9000000.0

usd

CY2024

us-gaap

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

EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1

P26M

CY2024

ladr

Employee Service Sharebased Compensation Nonvested Awards Compensation Cost Notyet Recognized Weighted Average Periodfor Recognition

EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationCostNotyetRecognizedWeightedAveragePeriodforRecognition

P21M

CY2024Q1

us-gaap

Stock Issued During Period Value Restricted Stock Award Gross

StockIssuedDuringPeriodValueRestrictedStockAwardGross

10000000

usd

CY2023Q1

us-gaap

Stock Issued During Period Value Restricted Stock Award Gross

StockIssuedDuringPeriodValueRestrictedStockAwardGross

8500000

usd

CY2024Q4

us-gaap

Assets Fair Value Disclosure

AssetsFairValueDisclosure

1611903000

usd

CY2024Q4

us-gaap

Liabilities Fair Value Disclosure

LiabilitiesFairValueDisclosure

3100423000

usd

CY2023Q4

us-gaap

Assets Fair Value Disclosure

AssetsFairValueDisclosure

3192150000

usd

CY2023Q4

us-gaap

Liabilities Fair Value Disclosure

LiabilitiesFairValueDisclosure

3683621000

usd

CY2023Q4

us-gaap

Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value

FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue

0

usd

CY2024Q4

us-gaap

Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value

FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue

0

usd

CY2023

us-gaap

Deferred State And Local Income Tax Expense Benefit

DeferredStateAndLocalIncomeTaxExpenseBenefit

218000

usd

CY2022

us-gaap

Deferred State And Local Income Tax Expense Benefit

DeferredStateAndLocalIncomeTaxExpenseBenefit

-60000

usd

CY2024

us-gaap

Deferred Income Tax Expense Benefit

DeferredIncomeTaxExpenseBenefit

1684000

usd

CY2023

us-gaap

Deferred Income Tax Expense Benefit

DeferredIncomeTaxExpenseBenefit

1182000

usd

CY2022

us-gaap

Deferred Income Tax Expense Benefit

DeferredIncomeTaxExpenseBenefit

-505000

usd

CY2024

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

3448000

usd

CY2023

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

4244000

usd

CY2022

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

4909000

usd

CY2024

us-gaap

Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate

EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate

0.2100

CY2023

us-gaap

Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate

EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate

0.2100

CY2022

us-gaap

Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate

EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate

0.2100

CY2024

us-gaap

Effective Income Tax Rate Reconciliation Tax Exempt Income

EffectiveIncomeTaxRateReconciliationTaxExemptIncome

0.1650

CY2023

us-gaap

Effective Income Tax Rate Reconciliation Tax Exempt Income

EffectiveIncomeTaxRateReconciliationTaxExemptIncome

0.1522

CY2022

us-gaap

Effective Income Tax Rate Reconciliation Tax Exempt Income

EffectiveIncomeTaxRateReconciliationTaxExemptIncome

0.1809

CY2024

us-gaap

Effective Income Tax Rate Reconciliation State And Local Income Taxes

EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes

0.0047

CY2023

us-gaap

Effective Income Tax Rate Reconciliation State And Local Income Taxes

EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes

0.0107

CY2022

us-gaap

Effective Income Tax Rate Reconciliation State And Local Income Taxes

EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes

0.0059

CY2024

us-gaap

Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance

EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance

-0.0009

CY2023

us-gaap

Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance

EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance

-0.0157

CY2022

us-gaap

Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance

EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance

-0.0117

CY2024

ladr

Effective Income Tax Rate Reconciliation Non Taxable Income Percent

EffectiveIncomeTaxRateReconciliationNonTaxableIncomePercent

-0.0397

CY2023

ladr

Effective Income Tax Rate Reconciliation Non Taxable Income Percent

EffectiveIncomeTaxRateReconciliationNonTaxableIncomePercent

-0.0379

CY2022

ladr

Effective Income Tax Rate Reconciliation Non Taxable Income Percent

EffectiveIncomeTaxRateReconciliationNonTaxableIncomePercent

-0.0135

CY2024

us-gaap

Effective Income Tax Rate Reconciliation Tax Contingencies

EffectiveIncomeTaxRateReconciliationTaxContingencies

0

CY2023

us-gaap

Effective Income Tax Rate Reconciliation Tax Contingencies

EffectiveIncomeTaxRateReconciliationTaxContingencies

0.0014

CY2022

us-gaap

Effective Income Tax Rate Reconciliation Tax Contingencies

EffectiveIncomeTaxRateReconciliationTaxContingencies

0.0145

CY2024

ladr

Effective Income Tax Rate Reconciliation Business Interest Expense Limitation Percentage

EffectiveIncomeTaxRateReconciliationBusinessInterestExpenseLimitationPercentage

0.0035

CY2023

ladr

Effective Income Tax Rate Reconciliation Business Interest Expense Limitation Percentage

EffectiveIncomeTaxRateReconciliationBusinessInterestExpenseLimitationPercentage

0.0017

CY2022

ladr

Effective Income Tax Rate Reconciliation Business Interest Expense Limitation Percentage

EffectiveIncomeTaxRateReconciliationBusinessInterestExpenseLimitationPercentage

0.0008

CY2024

ladr

Effective Income Tax Rate Reconciliation Real Estate Investment Trust Income Taxes Percent

EffectiveIncomeTaxRateReconciliationRealEstateInvestmentTrustIncomeTaxesPercent

0.0003

CY2023

ladr

Effective Income Tax Rate Reconciliation Real Estate Investment Trust Income Taxes Percent

EffectiveIncomeTaxRateReconciliationRealEstateInvestmentTrustIncomeTaxesPercent

0.0014

CY2022

ladr

Effective Income Tax Rate Reconciliation Real Estate Investment Trust Income Taxes Percent

EffectiveIncomeTaxRateReconciliationRealEstateInvestmentTrustIncomeTaxesPercent

0.0028

CY2024

ladr

Effective Income Tax Rate Reconciliation Return To Provisional Rate Percent

EffectiveIncomeTaxRateReconciliationReturnToProvisionalRatePercent

0.0050

CY2023

ladr

Effective Income Tax Rate Reconciliation Return To Provisional Rate Percent

EffectiveIncomeTaxRateReconciliationReturnToProvisionalRatePercent

-0.0023

CY2022

ladr

Effective Income Tax Rate Reconciliation Return To Provisional Rate Percent

EffectiveIncomeTaxRateReconciliationReturnToProvisionalRatePercent

-0.0064

CY2024

us-gaap

Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost

EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost

0.0151

CY2023

us-gaap

Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost

EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost

0.0142

CY2022

us-gaap

Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost

EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost

0.0054

CY2024

us-gaap

Effective Income Tax Rate Reconciliation Other Adjustments

EffectiveIncomeTaxRateReconciliationOtherAdjustments

-0.0034

CY2023

us-gaap

Effective Income Tax Rate Reconciliation Other Adjustments

EffectiveIncomeTaxRateReconciliationOtherAdjustments

0.0092

CY2022

us-gaap

Effective Income Tax Rate Reconciliation Other Adjustments

EffectiveIncomeTaxRateReconciliationOtherAdjustments

0.0020

CY2024

us-gaap

Effective Income Tax Rate Continuing Operations

EffectiveIncomeTaxRateContinuingOperations

0.0296

CY2023

us-gaap

Effective Income Tax Rate Continuing Operations

EffectiveIncomeTaxRateContinuingOperations

0.0405

CY2022

us-gaap

Effective Income Tax Rate Continuing Operations

EffectiveIncomeTaxRateContinuingOperations

0.0289

CY2024Q4

us-gaap

Deferred Tax Liabilities

DeferredTaxLiabilities

4600000

usd

CY2023Q4

us-gaap

Deferred Tax Liabilities

DeferredTaxLiabilities

3000000.0

usd

CY2024Q4

us-gaap

Operating Loss Carryforwards

OperatingLossCarryforwards

2600000

usd

CY2024Q4

us-gaap

Deferred Tax Assets Operating Loss Carryforwards

DeferredTaxAssetsOperatingLossCarryforwards

635000

usd

CY2023Q4

us-gaap

Deferred Tax Assets Operating Loss Carryforwards

DeferredTaxAssetsOperatingLossCarryforwards

2069000

usd

CY2024Q4

ladr

Deferred Tax Assets Unrealized Gainsand Losses

DeferredTaxAssetsUnrealizedGainsandLosses

486000

usd

CY2023Q4

ladr

Deferred Tax Assets Unrealized Gainsand Losses

DeferredTaxAssetsUnrealizedGainsandLosses

721000

usd

CY2024Q4

us-gaap

Deferred Tax Assets Derivative Instruments

DeferredTaxAssetsDerivativeInstruments

201000

usd

CY2023Q4

us-gaap

Deferred Tax Assets Derivative Instruments

DeferredTaxAssetsDerivativeInstruments

2813000

usd

CY2024Q4

ladr

Deferred Tax Assets Valuation Allowance Capital Loss Carryforwards

DeferredTaxAssetsValuationAllowanceCapitalLossCarryforwards

201000

usd

CY2023Q4

ladr

Deferred Tax Assets Valuation Allowance Capital Loss Carryforwards

DeferredTaxAssetsValuationAllowanceCapitalLossCarryforwards

2813000

usd

CY2024Q4

us-gaap

Deferred Tax Asset Interest Carryforward

DeferredTaxAssetInterestCarryforward

1974000

usd

CY2023Q4

us-gaap

Deferred Tax Asset Interest Carryforward

DeferredTaxAssetInterestCarryforward

1560000

usd

CY2024Q4

ladr

Deferred Tax Assets Valuation Allowance Interest Expense Limitation

DeferredTaxAssetsValuationAllowanceInterestExpenseLimitation

1974000

usd

CY2023Q4

ladr

Deferred Tax Assets Valuation Allowance Interest Expense Limitation

DeferredTaxAssetsValuationAllowanceInterestExpenseLimitation

1560000

usd

CY2024Q4

us-gaap

Deferred Tax Assets Net

DeferredTaxAssetsNet

1121000

usd

CY2023Q4

us-gaap

Deferred Tax Assets Net

DeferredTaxAssetsNet

2790000

usd

CY2024Q4

ladr

Deferred Tax Liabilities Investmentin Subsidiaries

DeferredTaxLiabilitiesInvestmentinSubsidiaries

5764000

usd

CY2023Q4

ladr

Deferred Tax Liabilities Investmentin Subsidiaries

DeferredTaxLiabilitiesInvestmentinSubsidiaries

5749000

usd

CY2024Q4

us-gaap

Deferred Income Tax Liabilities

DeferredIncomeTaxLiabilities

5764000

usd

CY2023Q4

us-gaap

Deferred Income Tax Liabilities

DeferredIncomeTaxLiabilities

5749000

usd

CY2024Q4

us-gaap

Deferred Tax Assets Capital Loss Carryforwards

DeferredTaxAssetsCapitalLossCarryforwards

200000

usd

CY2023Q4

us-gaap

Deferred Tax Assets Capital Loss Carryforwards

DeferredTaxAssetsCapitalLossCarryforwards

2800000

usd

CY2023Q2

us-gaap

Income Tax Examination Penalties Accrued

IncomeTaxExaminationPenaltiesAccrued

2600000

usd

CY2023

us-gaap

Unrecognized Tax Benefits Income Tax Penalties Expense

UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense

200000

usd

CY2023Q4

us-gaap

Unrecognized Tax Benefits

UnrecognizedTaxBenefits

0

usd

CY2024Q4

us-gaap

Unrecognized Tax Benefits

UnrecognizedTaxBenefits

0

usd

CY2024

us-gaap

Related Party Transaction Amounts Of Transaction

RelatedPartyTransactionAmountsOfTransaction

0

usd

CY2024Q4

us-gaap

Operating Lease Liability

OperatingLeaseLiability

17900000

usd

CY2024Q4

us-gaap

Operating Lease Right Of Use Asset

OperatingLeaseRightOfUseAsset

16300000

usd

CY2024

us-gaap

Operating Lease Cost

OperatingLeaseCost

2200000

usd

CY2023

us-gaap

Operating Lease Cost

OperatingLeaseCost

2200000

usd

CY2024Q4

us-gaap

Lessee Operating Lease Liability Payments Due Next Twelve Months

LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths

4424000

usd

CY2024Q4

us-gaap

Lessee Operating Lease Liability Payments Due Year Two

LesseeOperatingLeaseLiabilityPaymentsDueYearTwo

2869000

usd

CY2024Q4

us-gaap

Lessee Operating Lease Liability Payments Due Year Three

LesseeOperatingLeaseLiabilityPaymentsDueYearThree

2232000

usd

CY2024Q4

us-gaap

Lessee Operating Lease Liability Payments Due Year Four

LesseeOperatingLeaseLiabilityPaymentsDueYearFour

2306000

usd

CY2024Q4

us-gaap

Lessee Operating Lease Liability Payments Due Year Five

LesseeOperatingLeaseLiabilityPaymentsDueYearFive

2409000

usd

CY2024Q4

us-gaap

Lessee Operating Lease Liability Payments Due After Year Five

LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive

8629000

usd

CY2024Q4

us-gaap

Lessee Operating Lease Liability Payments Due

LesseeOperatingLeaseLiabilityPaymentsDue

22869000

usd

CY2024Q4

us-gaap

Lessee Operating Lease Liability Undiscounted Excess Amount

LesseeOperatingLeaseLiabilityUndiscountedExcessAmount

5007000

usd

CY2024Q4

us-gaap

Operating Lease Liability

OperatingLeaseLiability

17862000

usd

CY2024Q4

us-gaap

Operating Lease Weighted Average Discount Rate Percent

OperatingLeaseWeightedAverageDiscountRatePercent

0.0671

CY2024Q4

us-gaap

Operating Lease Weighted Average Remaining Lease Term1

OperatingLeaseWeightedAverageRemainingLeaseTerm1

P7Y8M12D

CY2024Q4

us-gaap

Lessee Operating Lease Renewal Term

LesseeOperatingLeaseRenewalTerm

P5Y

CY2024

us-gaap

Number Of Reportable Segments

NumberOfReportableSegments

3

segment

CY2024

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

358625000

usd

CY2024

us-gaap

Interest Expense Operating

InterestExpenseOperating

221537000

usd

CY2024

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

137088000

usd

CY2024

us-gaap

Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal

FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal

13933000

usd

CY2024

us-gaap

Interest Income Expense After Provision For Loan Loss

InterestIncomeExpenseAfterProvisionForLoanLoss

123155000

usd

CY2024

us-gaap

Operating Lease Lease Income

OperatingLeaseLeaseIncome

98681000

usd

CY2024

us-gaap

Gain Loss On Sales Of Loans Net

GainLossOnSalesOfLoansNet

30000

usd

CY2024

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

25277000

usd

CY2024

us-gaap

Interest And Fee Income Loans And Leases

InterestAndFeeIncomeLoansAndLeases

18700000

usd

CY2024

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

5420000

usd

CY2024

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

-79000

usd

CY2024

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

188000

usd

CY2024

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

148217000

usd

CY2024

us-gaap

Labor And Related Expense

LaborAndRelatedExpense

60671000

usd

CY2024

us-gaap

Operating Expenses

OperatingExpenses

19193000

usd

CY2024

ladr

Real Estate Operating Expenses

RealEstateOperatingExpenses

40568000

usd

CY2024

us-gaap

Investment Income Investment Expense

InvestmentIncomeInvestmentExpense

7718000

usd

CY2024

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

32327000

usd

CY2024

us-gaap

Costs And Expenses

CostsAndExpenses

160477000

usd

CY2024

us-gaap

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

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

110895000

usd

CY2024

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

3448000

usd

CY2024

us-gaap

Profit Loss

ProfitLoss

107447000

usd

CY2024Q4

us-gaap

Assets

4845073000

usd

CY2023

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

407284000

usd

CY2023

us-gaap

Interest Expense Operating

InterestExpenseOperating

245097000

usd

CY2023

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

162187000

usd

CY2023

us-gaap

Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal

FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal

25096000

usd

CY2023

us-gaap

Interest Income Expense After Provision For Loan Loss

InterestIncomeExpenseAfterProvisionForLoanLoss

137091000

usd

CY2023

us-gaap

Operating Lease Lease Income

OperatingLeaseLeaseIncome

96950000

usd

CY2023

us-gaap

Gain Loss On Sales Of Loans Net

GainLossOnSalesOfLoansNet

-523000

usd

CY2023

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

8808000

usd

CY2023

us-gaap

Interest And Fee Income Loans And Leases

InterestAndFeeIncomeLoansAndLeases

8931000

usd

CY2023

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

1481000

usd

CY2023

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

758000

usd

CY2023

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

10718000

usd

CY2023

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

127123000

usd

CY2023

us-gaap

Labor And Related Expense

LaborAndRelatedExpense

63618000

usd

CY2023

us-gaap

Operating Expenses

OperatingExpenses

19503000

usd

CY2023

ladr

Real Estate Operating Expenses

RealEstateOperatingExpenses

37587000

usd

CY2023

us-gaap

Investment Income Investment Expense

InvestmentIncomeInvestmentExpense

8847000

usd

CY2023

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

29914000

usd

CY2023

us-gaap

Costs And Expenses

CostsAndExpenses

159469000

usd

CY2023

us-gaap

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

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

104745000

usd

CY2023

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

4244000

usd

CY2023

us-gaap

Profit Loss

ProfitLoss

100501000

usd

CY2023Q4

us-gaap

Assets

5512677000

usd

CY2022

us-gaap

Interest And Dividend Income Operating

InterestAndDividendIncomeOperating

293520000

usd

CY2022

us-gaap

Interest Expense Operating

InterestExpenseOperating

195602000

usd

CY2022

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

97918000

usd

CY2022

us-gaap

Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal

FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal

3711000

usd

CY2022

us-gaap

Interest Income Expense After Provision For Loan Loss

InterestIncomeExpenseAfterProvisionForLoanLoss

94207000

usd

CY2022

us-gaap

Operating Lease Lease Income

OperatingLeaseLeaseIncome

108269000

usd

CY2022

us-gaap

Gain Loss On Sales Of Loans Net

GainLossOnSalesOfLoansNet

-2511000

usd

CY2022

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

115998000

usd

CY2022

us-gaap

Interest And Fee Income Loans And Leases

InterestAndFeeIncomeLoansAndLeases

14861000

usd

CY2022

us-gaap

Gain Loss On Derivative Instruments Net Pretax

GainLossOnDerivativeInstrumentsNetPretax

12360000

usd

CY2022

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

1410000

usd

CY2022

us-gaap

Gains Losses On Extinguishment Of Debt

GainsLossesOnExtinguishmentOfDebt

685000

usd

CY2022

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

251072000

usd

CY2022

us-gaap

Labor And Related Expense

LaborAndRelatedExpense

75836000

usd

CY2022

us-gaap

Operating Expenses

OperatingExpenses

20716000

usd

CY2022

ladr

Real Estate Operating Expenses

RealEstateOperatingExpenses

38605000

usd

CY2022

us-gaap

Investment Income Investment Expense

InvestmentIncomeInvestmentExpense

7235000

usd

CY2022

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

32673000

usd

CY2022

us-gaap

Costs And Expenses

CostsAndExpenses

175065000

usd

CY2022

us-gaap

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

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

170214000

usd

CY2022

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

4909000

usd

CY2022

us-gaap

Profit Loss

ProfitLoss

165305000

usd

CY2022Q4

us-gaap

Assets

5951173000

usd

CY2023Q4

us-gaap

Federal Home Loan Bank Stock

FederalHomeLoanBankStock

5200000

usd

CY2022Q4

us-gaap

Federal Home Loan Bank Stock

FederalHomeLoanBankStock

9600000

usd

CY2024

us-gaap

Gain Loss On Sale Of Mortgage Loans

GainLossOnSaleOfMortgageLoans

2700000

usd

CY2024Q4

srt

Real Estate And Accumulated Depreciation Amount Of Encumbrances

RealEstateAndAccumulatedDepreciationAmountOfEncumbrances

446416000

usd

CY2024Q4

us-gaap

Real Estate And Accumulated Depreciation Initial Cost Of Land

RealEstateAndAccumulatedDepreciationInitialCostOfLand

172411000

usd

CY2024Q4

us-gaap

Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements

RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements

591385000

usd

CY2024Q4

ladr

Sec Schedule Iii Real Estateand Accumulated Depreciation Initial Costof Intangibles

SECScheduleIIIRealEstateandAccumulatedDepreciationInitialCostofIntangibles

108015000

usd

CY2024Q4

us-gaap

Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements

RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements

31008000

usd

CY2024Q4

us-gaap

Real Estate And Accumulated Depreciation Carrying Amount Of Land

RealEstateAndAccumulatedDepreciationCarryingAmountOfLand

173798000

usd

CY2024Q4

us-gaap

Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements

RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements

622701000

usd

CY2024Q4

ladr

Sec Schedule Iii Real Estateand Accumulated Depreciation Carrying Amountof Intangibles

SECScheduleIIIRealEstateandAccumulatedDepreciationCarryingAmountofIntangibles

107899000

usd

CY2024Q4

us-gaap

Real Estate Gross At Carrying Value

RealEstateGrossAtCarryingValue

904398000

usd

CY2024Q4

us-gaap

Real Estate Accumulated Depreciation

RealEstateAccumulatedDepreciation

233595000

usd

CY2024Q4

srt

Real Estate Federal Income Tax Basis

RealEstateFederalIncomeTaxBasis

900000000

usd

CY2023Q4

us-gaap

Real Estate Gross At Carrying Value

RealEstateGrossAtCarryingValue

947226000

usd

CY2024

us-gaap

Real Estate Acquisitions Through Foreclosures

RealEstateAcquisitionsThroughForeclosures

48796000

usd

CY2024

us-gaap

Real Estate Improvements

RealEstateImprovements

6497000

usd

CY2024

us-gaap

Real Estate Cost Of Real Estate Sold

RealEstateCostOfRealEstateSold

98121000

usd

CY2024Q4

us-gaap

Real Estate Gross At Carrying Value

RealEstateGrossAtCarryingValue

904398000

usd

CY2022Q4

us-gaap

Real Estate Gross At Carrying Value

RealEstateGrossAtCarryingValue

899144000

usd

CY2023

us-gaap

Real Estate Acquisitions Through Foreclosures

RealEstateAcquisitionsThroughForeclosures

87598000

usd

CY2023

us-gaap

Real Estate Improvements

RealEstateImprovements

4374000

usd

CY2023

us-gaap

Real Estate Cost Of Real Estate Sold

RealEstateCostOfRealEstateSold

43890000

usd

CY2023Q4

us-gaap

Real Estate Gross At Carrying Value

RealEstateGrossAtCarryingValue

947226000

usd

CY2021Q4

us-gaap

Real Estate Gross At Carrying Value

RealEstateGrossAtCarryingValue

1127495000

usd

CY2022

us-gaap

Real Estate Acquisitions Through Foreclosures

RealEstateAcquisitionsThroughForeclosures

24965000

usd

CY2022

us-gaap

Real Estate Improvements

RealEstateImprovements

6949000

usd

CY2022

us-gaap

Real Estate Cost Of Real Estate Sold

RealEstateCostOfRealEstateSold

260265000

usd

CY2022Q4

us-gaap

Real Estate Gross At Carrying Value

RealEstateGrossAtCarryingValue

899144000

usd

CY2023Q4

us-gaap

Real Estate Accumulated Depreciation

RealEstateAccumulatedDepreciation

220784000

usd

CY2024

us-gaap

Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense

SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense

32266000

usd

CY2024

us-gaap

Real Estate Accumulated Depreciation Real Estate Sold

RealEstateAccumulatedDepreciationRealEstateSold

19455000

usd

CY2024Q4

us-gaap

Real Estate Accumulated Depreciation

RealEstateAccumulatedDepreciation

233595000

usd

CY2022Q4

us-gaap

Real Estate Accumulated Depreciation

RealEstateAccumulatedDepreciation

199008000

usd

CY2023

us-gaap

Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense

SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense

29791000

usd

CY2023

us-gaap

Real Estate Accumulated Depreciation Real Estate Sold

RealEstateAccumulatedDepreciationRealEstateSold

8015000

usd

CY2023Q4

us-gaap

Real Estate Accumulated Depreciation

RealEstateAccumulatedDepreciation

220784000

usd

CY2021Q4

us-gaap

Real Estate Accumulated Depreciation

RealEstateAccumulatedDepreciation

236622000

usd

CY2022

us-gaap

Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense

SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense

32937000

usd

CY2022

us-gaap

Real Estate Accumulated Depreciation Real Estate Sold

RealEstateAccumulatedDepreciationRealEstateSold

70551000

usd

CY2022Q4

us-gaap

Real Estate Accumulated Depreciation

RealEstateAccumulatedDepreciation

199008000

usd

CY2024Q4

srt

Mortgage Loans On Real Estate Prior Liens1

MortgageLoansOnRealEstatePriorLiens1

80713000

usd

CY2024Q4

srt

Mortgage Loans On Real Estate Face Amount Of Mortgages

MortgageLoansOnRealEstateFaceAmountOfMortgages

1627628000

usd

CY2024Q4

ladr

Sec Schedule1229 Real Estate Companies Investmentin Mortgage Loanson Real Estate Gross

SECSchedule1229RealEstateCompaniesInvestmentinMortgageLoansonRealEstateGross

1618220000

usd

CY2024Q4

srt

Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans

MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans

76875000

usd

CY2024Q4

us-gaap

Allowance For Loan And Lease Losses Real Estate

AllowanceForLoanAndLeaseLossesRealEstate

52323000

usd

CY2024Q4

srt

Mortgage Loans On Real Estate Prior Liens1

MortgageLoansOnRealEstatePriorLiens1

80713000

usd

CY2024Q4

srt

Mortgage Loans On Real Estate Face Amount Of Mortgages

MortgageLoansOnRealEstateFaceAmountOfMortgages

1627628000

usd

CY2024Q4

us-gaap

Mortgage Loans On Real Estate

MortgageLoansOnRealEstate

1565897000

usd

CY2024Q4

srt

Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans

MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans

76875000

usd

CY2024Q4

us-gaap

Financing Receivable Recorded Investment Nonaccrual Status

FinancingReceivableRecordedInvestmentNonaccrualStatus

76900000

usd

CY2024Q4

srt

Mortgage Loans On Real Estate Federal Income Tax Basis1

MortgageLoansOnRealEstateFederalIncomeTaxBasis1

1600000000

usd

CY2023Q4

us-gaap

Mortgage Loans On Real Estate

MortgageLoansOnRealEstate

3138792000

usd

CY2024

us-gaap

Mortgage Loans On Real Estate New Mortgage Loans

MortgageLoansOnRealEstateNewMortgageLoans

195232000

usd

CY2024

srt

Mortgage Loans On Real Estate Collections Of Principal

MortgageLoansOnRealEstateCollectionsOfPrincipal

1720643000

usd

CY2024

us-gaap

Mortgage Loans On Real Estate Foreclosures

MortgageLoansOnRealEstateForeclosures

47952000

usd

CY2024

us-gaap

Gain Loss On Sales Of Loans Net

GainLossOnSalesOfLoansNet

30000

usd

CY2024

ladr

Mortgage Loans On Real Estate Accretion Amortization Of Discounts Premiums And Other Fees On Mortgage Loans

MortgageLoansOnRealEstateAccretionAmortizationOfDiscountsPremiumsAndOtherFeesOnMortgageLoans

14619000

usd

CY2024

us-gaap

Provision For Loan Lease And Other Losses

ProvisionForLoanLeaseAndOtherLosses

14181000

usd

CY2024Q4

us-gaap

Mortgage Loans On Real Estate

MortgageLoansOnRealEstate

1565897000

usd

CY2022Q4

us-gaap

Mortgage Loans On Real Estate

MortgageLoansOnRealEstate

3892382000

usd

CY2023

us-gaap

Mortgage Loans On Real Estate New Mortgage Loans

MortgageLoansOnRealEstateNewMortgageLoans

68415000

usd

CY2023

srt

Mortgage Loans On Real Estate Collections Of Principal

MortgageLoansOnRealEstateCollectionsOfPrincipal

726710000

usd

CY2023

us-gaap

Mortgage Loans On Real Estate Foreclosures

MortgageLoansOnRealEstateForeclosures

88708000

usd

CY2023

us-gaap

Gain Loss On Sales Of Loans Net

GainLossOnSalesOfLoansNet

-523000

usd

CY2023

ladr

Mortgage Loans On Real Estate Accretion Amortization Of Discounts Premiums And Other Fees On Mortgage Loans

MortgageLoansOnRealEstateAccretionAmortizationOfDiscountsPremiumsAndOtherFeesOnMortgageLoans

19046000

usd

CY2023

us-gaap

Provision For Loan Lease And Other Losses

ProvisionForLoanLeaseAndOtherLosses

25110000

usd

CY2023Q4

us-gaap

Mortgage Loans On Real Estate

MortgageLoansOnRealEstate

3138792000

usd

CY2021Q4

us-gaap

Mortgage Loans On Real Estate

MortgageLoansOnRealEstate

3521985000

usd

CY2022

us-gaap

Mortgage Loans On Real Estate New Mortgage Loans

MortgageLoansOnRealEstateNewMortgageLoans

1296083000

usd

CY2022

srt

Mortgage Loans On Real Estate Collections Of Principal

MortgageLoansOnRealEstateCollectionsOfPrincipal

901150000

usd

CY2022

us-gaap

Mortgage Loans On Real Estate Cost Of Mortgages Sold

MortgageLoansOnRealEstateCostOfMortgagesSold

29151000

usd

CY2022

us-gaap

Mortgage Loans On Real Estate Foreclosures

MortgageLoansOnRealEstateForeclosures

10235000

usd

CY2022

us-gaap

Gain Loss On Sales Of Loans Net

GainLossOnSalesOfLoansNet

-2511000

usd

CY2022

ladr

Mortgage Loans On Real Estate Accretion Amortization Of Discounts Premiums And Other Fees On Mortgage Loans

MortgageLoansOnRealEstateAccretionAmortizationOfDiscountsPremiumsAndOtherFeesOnMortgageLoans

20759000

usd

CY2022

ladr

Mortgage Loans On Real Estate Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff

MortgageLoansOnRealEstateFinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff

0

usd

CY2022

us-gaap

Provision For Loan Lease And Other Losses

ProvisionForLoanLeaseAndOtherLosses

3398000

usd

CY2022Q4

us-gaap

Mortgage Loans On Real Estate

MortgageLoansOnRealEstate

3892382000

usd

CY2024Q4

ecd

Rule10b51 Arr Adopted Flag

Rule10b51ArrAdoptedFlag

false

CY2024Q4

ecd

Non Rule10b51 Arr Adopted Flag

NonRule10b51ArrAdoptedFlag

false

CY2024Q4

ecd

Rule10b51 Arr Trmntd Flag

Rule10b51ArrTrmntdFlag

false

CY2024Q4

ecd

Non Rule10b51 Arr Trmntd Flag

NonRule10b51ArrTrmntdFlag

false

CY2024

ecd

Insider Trd Policies Proc Adopted Flag

InsiderTrdPoliciesProcAdoptedFlag

true

CY2024

dei

Document Type

DocumentType

10-K

CY2024

dei

Entity File Number

EntityFileNumber

001-36299

CY2024

dei

Document Period End Date

DocumentPeriodEndDate

2024-12-31

CY2024

dei

Entity Registrant Name

EntityRegistrantName

Ladder Capital Corp

CY2024

dei

Entity Incorporation State Country Code

EntityIncorporationStateCountryCode

DE

CY2024

dei

Entity Tax Identification Number

EntityTaxIdentificationNumber

80-0925494

CY2024

dei

Document Transition Report

DocumentTransitionReport

false

CY2024

dei

Entity Address Address Line1

EntityAddressAddressLine1

320 Park Avenue,

CY2024

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

0.86

CY2024

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

125576784

shares

CY2023

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

124667877

shares

CY2024

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

125785295

shares

CY2023

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

124882398

shares

CY2022

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

125823671

shares

CY2024

us-gaap

Profit Loss

ProfitLoss

107447000

usd

CY2023

us-gaap

Profit Loss

ProfitLoss

100501000

usd

CY2022

us-gaap

Profit Loss

ProfitLoss

165305000

usd

CY2023

us-gaap

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

OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax

6875000

usd

CY2022

us-gaap

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

OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax

-16957000

usd

CY2022

us-gaap

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

OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax

-60000

usd

CY2023

ladr

Loss Gain On Sales Of Loans Held For Sale

LossGainOnSalesOfLoansHeldForSale

-523000

usd

CY2022

ladr

Loss Gain On Sales Of Loans Held For Sale

LossGainOnSalesOfLoansHeldForSale

-2511000

usd

CY2024

ladr

Debt And Equity Securities Realized Gain

DebtAndEquitySecuritiesRealizedGain

172000

usd

CY2023

ladr

Debt And Equity Securities Realized Gain

DebtAndEquitySecuritiesRealizedGain

-276000

usd

CY2024

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

25277000

usd

CY2023

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

8808000

usd

CY2022

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

115998000

usd

CY2024

us-gaap

Gain Loss On Sale Of Derivatives

GainLossOnSaleOfDerivatives

298000

usd

CY2023

us-gaap

Gain Loss On Sale Of Derivatives

GainLossOnSaleOfDerivatives

-291000

usd

Concept	2024 Q4	2024
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$1.323B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$19.92M
YoY Change	189.7%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$4.845B
YoY Change	-12.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities	$3.312B
YoY Change	-16.79%
SHAREHOLDERS EQUITY
Retained Earnings	-$206.9M
YoY Change	4.55%
Common Stock	$1.777B
YoY Change	1.16%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.535B
YoY Change
Total Liabilities & Shareholders Equity	$4.845B
YoY Change	-12.11%

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$LADR
Ladder Capital Corp Stock $ladr

2024 Q4 Form 10-K Financial Statement

#000157767025000010 Filed on February 10, 2025

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LADR Ladder Capital Corp Stock $ladr

2024 Q4 Form 10-K Financial Statement

#000157767025000010 Filed on February 10, 2025

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LADR
Ladder Capital Corp Stock $ladr