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Securities, at Fair Value - Residential and Mortgage Securities (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]    
Fair  Value [1] $ 333,364 $ 256,685
Residential Mortgage Securities    
Debt Securities, Available-for-sale [Line Items]    
Principal/ Current Face 241,814 99,999
Purchase Premiums 6,306 7,466
Accretable Purchase Discounts (6,272) (55)
Discount Designated as Credit Reserve (14,833) (20,768)
Gross Amortized Cost 227,015 86,642
Gross Unrealized Gains 9,974 16,282
Gross Unrealized Losses (1,523) (10)
Net Unrealized Gain/(Loss) 8,451 16,272
Fair  Value 235,466 102,914
CRT, Fair Value Option    
Debt Securities, Available-for-sale [Line Items]    
Gross Unrealized Gains 131 1,800
Gross Unrealized Losses (1,200) (10)
Fair  Value 48,600 $ 67,500
Non-Agency MBS    
Debt Securities, Available-for-sale [Line Items]    
Gross Unrealized Gains 0  
Gross Unrealized Losses 0  
Fair  Value 24,600  
Agency MBS    
Debt Securities, Available-for-sale [Line Items]    
Gross Unrealized Gains 0  
Gross Unrealized Losses (325)  
Fair  Value $ 131,700  
[1] See Note 6 for information regarding the Company’s pledged assets.