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Schedule IV - Mortgage Loans on Real Estate (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2020
USD ($)
loan
Dec. 31, 2019
USD ($)
Sep. 30, 2020
USD ($)
Jun. 30, 2020
USD ($)
Mar. 31, 2020
USD ($)
Sep. 30, 2019
USD ($)
Jun. 30, 2019
USD ($)
Mar. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Allowance for credit loss $ 86,833 $ 3,025 $ 106,246 $ 136,589 $ 218,011 $ 2,271 $ 1,986 $ 1,651 $ 968
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]                  
Residential whole loans, at carrying value, beginning balance 698,717                
Residential whole loans, at fair value, beginning balance 1,381,583                
Residential whole loans, at carrying value, ending balance 673,708 698,717              
Residential whole loans, at fair value, ending balance $ 1,216,902 1,381,583              
Residential whole loans, at fair value                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Number | loan 18,734                
Balance Sheet Reported Amount $ 5,412,234                
Principal Amount of Loans Subject to Delinquent Principal or Interest 1,080,733                
Tax basis of loans $ 3,900,000                
Residential whole loans, at fair value | Carrying value                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Number | loan 13,112                
Balance Sheet Reported Amount $ 4,195,332                
Principal Amount of Loans Subject to Delinquent Principal or Interest 455,112                
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]                  
Residential whole loans, at carrying value, beginning balance 6,066,345                
Purchases 1,431,673                
Repayments (1,565,553)                
Premium amortization/discount accretion, net (11,590)                
Provision for loan loss (21,447)                
Loan sales and repurchases (1,766,220)                
Transfer to REO (24,709)                
Residential whole loans, at carrying value, ending balance $ 4,108,499 6,066,345              
Residential whole loans, at fair value | Fair value                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Number | loan 5,622                
Balance Sheet Reported Amount $ 1,216,902                
Principal Amount of Loans Subject to Delinquent Principal or Interest 625,621                
SEC Schedule, 12-29, Real Estate Companies, Investment in Movement in Mortgage Loans on Real Estate [Roll Forward]                  
Residential whole loans, at fair value, beginning balance 1,381,583                
Purchases 0                
Changes in unrealized gains 17,204                
Repayments (92,733)                
Repurchases (18,530)                
Transfer to REO (70,622)                
Residential whole loans, at fair value, ending balance $ 1,216,902 $ 1,381,583              
Original loan balance $0 - $149,999 | Residential whole loans, at fair value | Carrying value                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Number | loan 3,947                
Balance Sheet Reported Amount $ 347,041                
Principal Amount of Loans Subject to Delinquent Principal or Interest $ 29,614                
Original loan balance $0 - $149,999 | Residential whole loans, at fair value | Carrying value | Minimum                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Interest Rate 0.00%                
Original loan balance $0 - $149,999 | Residential whole loans, at fair value | Carrying value | Maximum                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Interest Rate 16.00%                
Original loan balance $0 - $149,999 | Residential whole loans, at fair value | Fair value                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Number | loan 2,044                
Balance Sheet Reported Amount $ 167,671                
Principal Amount of Loans Subject to Delinquent Principal or Interest $ 70,748                
Original loan balance $0 - $149,999 | Residential whole loans, at fair value | Fair value | Minimum                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Interest Rate 0.00%                
Original loan balance $0 - $149,999 | Residential whole loans, at fair value | Fair value | Maximum                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Interest Rate 14.13%                
Original loan balance $150,000 - $299,999 | Residential whole loans, at fair value | Carrying value                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Number | loan 4,341                
Balance Sheet Reported Amount $ 832,365                
Principal Amount of Loans Subject to Delinquent Principal or Interest $ 73,749                
Original loan balance $150,000 - $299,999 | Residential whole loans, at fair value | Carrying value | Minimum                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Interest Rate 0.00%                
Original loan balance $150,000 - $299,999 | Residential whole loans, at fair value | Carrying value | Maximum                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Interest Rate 13.49%                
Original loan balance $150,000 - $299,999 | Residential whole loans, at fair value | Fair value                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Number | loan 1,909                
Balance Sheet Reported Amount $ 355,854                
Principal Amount of Loans Subject to Delinquent Principal or Interest $ 167,303                
Original loan balance $150,000 - $299,999 | Residential whole loans, at fair value | Fair value | Minimum                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Interest Rate 1.95%                
Original loan balance $150,000 - $299,999 | Residential whole loans, at fair value | Fair value | Maximum                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Interest Rate 11.53%                
Original loan balance $300,000 - $449,999 | Residential whole loans, at fair value | Carrying value                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Number | loan 2,064                
Balance Sheet Reported Amount $ 667,272                
Principal Amount of Loans Subject to Delinquent Principal or Interest $ 65,629                
Original loan balance $300,000 - $449,999 | Residential whole loans, at fair value | Carrying value | Minimum                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Interest Rate 1.50%                
Original loan balance $300,000 - $449,999 | Residential whole loans, at fair value | Carrying value | Maximum                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Interest Rate 9.63%                
Original loan balance $300,000 - $449,999 | Residential whole loans, at fair value | Fair value                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Number | loan 1,000                
Balance Sheet Reported Amount $ 313,588                
Principal Amount of Loans Subject to Delinquent Principal or Interest $ 165,901                
Original loan balance $300,000 - $449,999 | Residential whole loans, at fair value | Fair value | Minimum                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Interest Rate 0.00%                
Original loan balance $300,000 - $449,999 | Residential whole loans, at fair value | Fair value | Maximum                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Interest Rate 10.75%                
Original loan balance greater than $449,999 | Residential whole loans, at fair value | Carrying value                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Number | loan 2,760                
Balance Sheet Reported Amount $ 2,348,654                
Principal Amount of Loans Subject to Delinquent Principal or Interest $ 286,120                
Original loan balance greater than $449,999 | Residential whole loans, at fair value | Carrying value | Minimum                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Interest Rate 0.88%                
Original loan balance greater than $449,999 | Residential whole loans, at fair value | Carrying value | Maximum                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Interest Rate 11.25%                
Original loan balance greater than $449,999 | Residential whole loans, at fair value | Fair value                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Number | loan 669                
Balance Sheet Reported Amount $ 379,789                
Principal Amount of Loans Subject to Delinquent Principal or Interest $ 221,669                
Original loan balance greater than $449,999 | Residential whole loans, at fair value | Fair value | Minimum                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Interest Rate 1.70%                
Original loan balance greater than $449,999 | Residential whole loans, at fair value | Fair value | Maximum                  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                  
Interest Rate 10.20%