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Residential Whole Loans (Details)
$ in Thousands
3 Months Ended
Dec. 31, 2022
USD ($)
loan
Mar. 31, 2023
USD ($)
loan
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans   $ 1,753,080
Allowance for Credit Losses $ (35,314) (33,061)
Total Residential Whole Loans $ 7,518,739 $ 7,794,250
Number of loans | loan 23,843 24,052
Agency eligible investor loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Financing receivable, sale $ 337,800  
Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Allowance for Credit Losses (35,314) $ (33,061)
Total Residential Whole Loans $ 1,791,215 $ 1,720,018
Number of loans | loan 7,126 6,930
Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Allowance for Credit Losses $ 0 $ 0
Total Residential Whole Loans $ 5,727,524 $ 6,074,232
Number of loans | loan 16,717 17,122
Performing    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans $ 6,287,650 $ 6,591,264
Performing | Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 1,356,235 1,292,399
Performing | Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 4,931,415 5,298,865
Nonperforming    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 796,109 775,367
Nonperforming | Agency eligible investor loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Financing receivable, sale 598,000  
Nonperforming | Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 0 0
Nonperforming | Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 796,109 775,367
Non-QM loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans   958,099
Non-QM loans | Performing    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 3,359,830 3,459,231
Non-QM loans | Performing | Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 987,282 958,099
Non-QM loans | Performing | Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 2,372,548 2,501,132
Transitional loans | Performing    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 1,417,220 1,524,905
Transitional loans | Performing | Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 75,188 53,272
Transitional loans | Performing | Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 1,342,032 1,471,633
Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans   201,563
Single-family rental loans | Performing    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 1,376,574 1,466,809
Single-family rental loans | Performing | Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 210,833 201,563
Single-family rental loans | Performing | Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 1,165,741 1,265,246
Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans   79,465
Seasoned performing loans | Performing    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 82,932 79,465
Seasoned performing loans | Performing | Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 82,932 79,465
Seasoned performing loans | Performing | Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 0 0
Agency eligible investor loans | Performing    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 51,094 60,854
Agency eligible investor loans | Performing | Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 0 0
Agency eligible investor loans | Performing | Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 51,094 60,854
Purchased Credit Deteriorated Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 470,294 460,680
Purchased Credit Deteriorated Loans | Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 470,294 460,680
Purchased Credit Deteriorated Loans | Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 0 0
Single Family Residential Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 784,900 825,900
Multi-Family Transitional Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans $ 632,300 $ 699,000