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Securities, at Fair Value - Composition of Agency MBS Portfolio (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]    
Fair Value [1] $ 594,294 $ 333,364
5.00% Coupon    
Debt Securities, Available-for-sale [Line Items]    
Coupon rate (percent) 5.00%  
Principal/ Current Face $ 77,662  
Weighted Average Purchase Price 100.20%  
Weighted Average Market Price 98.00%  
Fair Value $ 76,147  
Weighted Average Loan Age (Months) 3 months  
CPR 6.00%  
5.50% Coupon    
Debt Securities, Available-for-sale [Line Items]    
Coupon rate (percent) 5.50%  
Principal/ Current Face $ 290,178  
Weighted Average Purchase Price 100.40%  
Weighted Average Market Price 99.70%  
Fair Value $ 289,196  
Weighted Average Loan Age (Months) 5 months  
CPR 8.60%  
6.00% Coupon    
Debt Securities, Available-for-sale [Line Items]    
Coupon rate (percent) 6.00%  
Principal/ Current Face $ 30,629  
Weighted Average Purchase Price 100.80%  
Weighted Average Market Price 101.00%  
Fair Value $ 30,948  
Weighted Average Loan Age (Months) 0 months  
CPR 0.00%  
Agency MBS    
Debt Securities, Available-for-sale [Line Items]    
Principal/ Current Face $ 398,469 131,165
Weighted Average Purchase Price 100.40%  
Weighted Average Market Price 99.50%  
Fair Value $ 396,291 $ 131,700
Weighted Average Loan Age (Months) 4 months  
CPR 8.00%  
[1] See Note 6 for information regarding the Company’s pledged assets.