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Residential Whole Loans (Additional Credit Related Information) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Sep. 30, 2020
Dec. 31, 2020
Financing Receivable, Credit Quality Indicator [Line Items]        
2021 $ 119,691      
2020 546,721      
2019 1,650,170      
2018 751,683      
2017 86,491      
Prior 777,544      
Residential whole loans, at carrying value, total or weighted average 3,932,300      
Gross write-offs, 2020 0      
Gross write-offs, 2019 991      
Gross write-offs, 2018 12      
Gross write-offs, prior 214      
Three Months Ended March 31, 2021 Gross write-offs 1,217 $ 647    
Net write-offs, 2020 0      
Net write-offs, 2019 991      
Net write-offs, 2018 12      
Net write-offs 214      
Total Recoveries 0      
Three Months Ended March 31, 2021 Net write-offs 1,217      
Purchased performing loans $ 3,287,689     $ 3,521,624
Ratio Loan-To-Value 80.00%      
Debt-to-Value Ratio, Less than 80 Percent        
Financing Receivable, Credit Quality Indicator [Line Items]        
2021 $ 115,420      
2020 502,632      
2019 1,617,755      
2018 732,372      
2017 80,192      
Prior 551,316      
Residential whole loans, at carrying value, total or weighted average 3,599,687      
Debt-to-Value Ratio, 81 to 100 Percent        
Financing Receivable, Credit Quality Indicator [Line Items]        
2021 4,271      
2020 44,089      
2019 32,415      
2018 19,311      
2017 6,299      
Prior 226,228      
Residential whole loans, at carrying value, total or weighted average 332,613      
Non-QM Loans        
Financing Receivable, Credit Quality Indicator [Line Items]        
2021 91,059      
2020 463,139      
2019 1,036,830      
2018 579,713      
2017 67,212      
Prior 5,491      
Residential whole loans, at carrying value, total or weighted average 2,243,444      
Gross write-offs, 2019 0      
Three Months Ended March 31, 2021 Gross write-offs 0      
Net write-offs, 2019 0      
Three Months Ended March 31, 2021 Net write-offs 0      
Purchased performing loans 2,243,444     2,357,185
Non-QM Loans | Debt-to-Value Ratio, Less than 80 Percent        
Financing Receivable, Credit Quality Indicator [Line Items]        
2021 86,788      
2020 419,564      
2019 1,012,210      
2018 560,489      
2017 62,613      
Prior 5,340      
Residential whole loans, at carrying value, total or weighted average 2,147,004      
Non-QM Loans | Debt-to-Value Ratio, 81 to 100 Percent        
Financing Receivable, Credit Quality Indicator [Line Items]        
2021 4,271      
2020 43,575      
2019 24,620      
2018 19,224      
2017 4,599      
Prior 151      
Residential whole loans, at carrying value, total or weighted average 96,440      
Rehabilitation loans        
Financing Receivable, Credit Quality Indicator [Line Items]        
2021 12,867      
2020 43,504      
2019 343,355      
2018 58,888      
2017 5,771      
Prior 0      
Residential whole loans, at carrying value, total or weighted average 464,385      
Gross write-offs, 2020 0      
Gross write-offs, 2019 991      
Gross write-offs, 2018 12      
Gross write-offs, prior 0      
Three Months Ended March 31, 2021 Gross write-offs 1,003      
Net write-offs, 2020 0      
Net write-offs, 2019 991      
Net write-offs, 2018 12      
Net write-offs 0      
Three Months Ended March 31, 2021 Net write-offs 1,003      
Purchased performing loans 464,385     581,801
Rehabilitation loans | Debt-to-Value Ratio, Less than 80 Percent        
Financing Receivable, Credit Quality Indicator [Line Items]        
2021 12,867      
2020 43,504      
2019 341,513      
2018 58,888      
2017 4,071      
Prior 0      
Residential whole loans, at carrying value, total or weighted average 460,843      
Rehabilitation loans | Debt-to-Value Ratio, 81 to 100 Percent        
Financing Receivable, Credit Quality Indicator [Line Items]        
2021 0      
2020 0      
2019 1,842      
2018 0      
2017 1,700      
Prior 0      
Residential whole loans, at carrying value, total or weighted average 3,542      
Single-family rental loans        
Financing Receivable, Credit Quality Indicator [Line Items]        
2021 15,765      
2020 40,078      
2019 269,985      
2018 113,082      
2017 12,881      
Prior 0      
Residential whole loans, at carrying value, total or weighted average 451,791      
Purchased performing loans 451,791     446,374
Single-family rental loans | Debt-to-Value Ratio, Less than 80 Percent        
Financing Receivable, Credit Quality Indicator [Line Items]        
2021 15,765      
2020 39,564      
2019 264,032      
2018 112,995      
2017 12,881      
Prior 0      
Residential whole loans, at carrying value, total or weighted average 445,237      
Single-family rental loans | Debt-to-Value Ratio, 81 to 100 Percent        
Financing Receivable, Credit Quality Indicator [Line Items]        
2021 0      
2020 514      
2019 5,953      
2018 87      
2017 0      
Prior 0      
Residential whole loans, at carrying value, total or weighted average 6,554      
Seasoned performing loans        
Financing Receivable, Credit Quality Indicator [Line Items]        
2021 0      
2020 0      
2019 0      
2018 0      
2017 0      
Prior 128,069      
Residential whole loans, at carrying value, total or weighted average 128,069      
Purchased performing loans 128,069     136,264
Seasoned performing loans | Debt-to-Value Ratio, Less than 80 Percent        
Financing Receivable, Credit Quality Indicator [Line Items]        
2021 0      
2020 0      
2019 0      
2018 0      
2017 0      
Prior 122,389      
Residential whole loans, at carrying value, total or weighted average 122,389      
Seasoned performing loans | Debt-to-Value Ratio, 81 to 100 Percent        
Financing Receivable, Credit Quality Indicator [Line Items]        
2021 0      
2020 0      
2019 0      
2018 0      
2017 0      
Prior 5,680      
Residential whole loans, at carrying value, total or weighted average 5,680      
Purchased Credit Deteriorated Loans        
Financing Receivable, Credit Quality Indicator [Line Items]        
2021 0      
2020 0      
2019 0      
2018 0      
2017 627      
Prior 643,984      
Residential whole loans, at carrying value, total or weighted average 644,611      
Gross write-offs, prior 214      
Three Months Ended March 31, 2021 Gross write-offs 214      
Net write-offs 214      
Total Recoveries 0      
Three Months Ended March 31, 2021 Net write-offs 214      
Purchased Credit Deteriorated Loans | Debt-to-Value Ratio, Less than 80 Percent        
Financing Receivable, Credit Quality Indicator [Line Items]        
2021 0      
2020 0      
2019 0      
2018 0      
2017 627      
Prior 423,587      
Residential whole loans, at carrying value, total or weighted average 424,214      
Purchased Credit Deteriorated Loans | Debt-to-Value Ratio, 81 to 100 Percent        
Financing Receivable, Credit Quality Indicator [Line Items]        
2021 0      
2020 0      
2019 0      
2018 0      
2017 0      
Prior 220,397      
Residential whole loans, at carrying value, total or weighted average 220,397      
Settled Whole Loans | Non-QM Loans        
Financing Receivable, Credit Quality Indicator [Line Items]        
Purchased performing loans $ 2,228,899     2,336,117
Ratio Loan-To-Value 64.00%   64.00%  
Settled Whole Loans | Rehabilitation loans        
Financing Receivable, Credit Quality Indicator [Line Items]        
Purchased performing loans $ 450,717     563,430
Ratio Loan-To-Value 64.00%   63.00%  
Settled Whole Loans | Single-family rental loans        
Financing Receivable, Credit Quality Indicator [Line Items]        
Purchased performing loans $ 449,045     442,456
Ratio Loan-To-Value 70.00%   70.00%  
Settled Whole Loans | Seasoned performing loans        
Financing Receivable, Credit Quality Indicator [Line Items]        
Purchased performing loans $ 128,003     136,157
Ratio Loan-To-Value 39.00%   40.00%  
Settled Whole Loans | Certain Rehabilitation Loans        
Financing Receivable, Credit Quality Indicator [Line Items]        
Purchased performing loans $ 151,700     $ 189,900
Ratio Loan-To-Value 68.00%   69.00%