| Schedule of Carrying Values of Assets and Liabilities of Consolidated VIE, Net of Elimination Entries |
The carrying values of the assets and liabilities of the consolidated VIE, net of elimination entries, are as follows as of the dates indicated:
|
|
|
December 31, 2021 |
|
|
December 31, 2020 |
|
|
Cash of consolidated VIE |
|
$ |
2,118 |
|
|
$ |
— |
|
|
Restricted cash of consolidated VIE (1) |
|
|
111 |
|
|
|
11,169 |
|
|
Mortgage loans of consolidated VIE, at fair value |
|
|
7,442 |
|
|
|
93,283 |
|
|
Other assets of consolidated VIE |
|
|
547 |
|
|
|
545 |
|
|
Secured debt of consolidated VIE, at fair value |
|
|
(508 |
) |
|
|
(93,627 |
) |
|
Other liabilities of consolidated VIE |
|
|
(2 |
) |
|
|
(321 |
) |
|
Investment in consolidated VIE |
|
$ |
9,708 |
|
|
$ |
11,049 |
|
|
|
(1) |
Restricted cash represents cash collected by the trust that must be used solely to satisfy the liabilities of the VIE in the month following collection. |
|
| Schedule of Accrual Status of Mortgage Loans of Consolidated VIE |
The following table presents information about the accrual status of the mortgage loans of the consolidated VIE as of
|
|
|
Aggregate Fair Value |
|
|
Aggregate Unpaid Principal Balance |
|
|
Difference |
|
|
Less than 90 days past due and in accrual status |
|
$ |
1,762 |
|
|
$ |
1,778 |
|
|
$ |
(16 |
) |
|
90 days or more past due and in non-accrual status |
|
|
5,680 |
|
|
|
5,909 |
|
|
|
(229 |
) |
|
Total mortgage loans of consolidated VIE |
|
$ |
7,442 |
|
|
$ |
7,687 |
|
|
$ |
(245 |
) |
|