Annual report pursuant to Section 13 and 15(d)

Loans Held for Investment, Subject to Nonrecourse Debt, at Fair Value (Tables)

v3.22.0.1
Loans Held for Investment, Subject to Nonrecourse Debt, at Fair Value (Tables)
12 Months Ended
Dec. 31, 2021
Loans Held For Investment Subject To Nonrecourse Debt At Fair Value [Abstract]  
Schedule of mortgage loans held for investment subject to nonrecourse debt at fair value
Loans held for investment, subject to nonrecourse debt, at fair value, consisted of the following for the dates indicated (in thousands):
                 
    
December 31, 2021
    
December 31, 2020
 
    
Successor
    
Predecessor
 
Loans held for investment, subject to nonrecourse debt—UPB:
                 
Reverse mortgage loans
  
$
5,165,479
 
   $ 4,457,805  
Commercial mortgage loans
  
 
388,788
 
     333,344  
Fair value adjustments
  
 
663,927
 
     605,018  
    
 
 
    
 
 
 
Total loans held for investment, subject to nonrecourse debt, at fair value
  
$
6,218,194
 
   $ 5,396,167  
    
 
 
    
 
 
 
Schedule of mortgage loans held for investment, subject to nonrecourse debt that were greater than 90 days past due and on non-accrual status
The table below shows the total amount of loans held for investment, subject to nonrecourse debt, that were greater than 90 days past due and on
non-accrual
status (in thousands):
                 
    
December 31, 2021
    
December 31, 2020
 
    
Successor
    
Predecessor
 
Loans 90 days or more past due and on
non-accrual
status Fair value:
                 
Commercial mortgage loans
  
$
26,081
 
   $ 32,377  
    
 
 
    
 
 
 
Total fair value
  
 
26,081
 
     32,377  
    
 
 
    
 
 
 
Aggregate UPB:
                 
Commercial mortgage loans
  
 
26,472
 
     33,888  
    
 
 
    
 
 
 
Total aggregate UPB
  
 
26,472
 
     33,888  
    
 
 
    
 
 
 
Difference
  
$
(391
)
 
   $ (1,511