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Fair Value of Financial Instruments - Level 3 Assets (Details) - Recurring basis - Level 3 - Residential whole loans, at fair value - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Balance at beginning of period $ 4,222,584 $ 1,216,902
Purchases and originations 2,749,275 4,367,423
Draws 361,035 53,599
Changes in fair value recorded in Net gain on residential whole loans measured at fair value through earnings (668,899) 16,243
Repayments (925,773) (295,790)
Sales and repurchases (10,496) (2,023)
Transfer to REO (51,296) (51,005)
Transfer to Level 2 0 (1,082,765)
Balance at end of period $ 5,676,430 $ 4,222,584