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Residential Whole Loans - Additional Credit Related Information (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Financing Receivable, Credit Quality Indicator [Line Items]      
2024 $ 0    
2023 0    
2022 0    
2021 51,752    
2020 197,803    
Prior 1,234,815    
Total 1,484,370    
Gross write-offs, 2023 0    
Gross write-offs, 2022 0    
Gross write-offs, 2021 0    
Gross write-offs, 2020 0    
Gross write-offs, 2019 (59)    
Gross write-offs, prior 438    
Gross write-offs $ 379 $ 2,567  
Ratio loan- to-value (as a percent) 80.00%    
Debt-to-Value Ratio, Less Than 80 Percent      
Financing Receivable, Credit Quality Indicator [Line Items]      
2024 $ 0    
2023 0    
2022 0    
2021 50,366    
2020 187,226    
Prior 1,153,943    
Total 1,391,535    
Debt-to-Value Ratio, Greater Than 80 Percent      
Financing Receivable, Credit Quality Indicator [Line Items]      
2024 0    
2023 0    
2022 0    
2021 1,386    
2020 10,577    
Prior 80,872    
Total 92,835    
Non-QM loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2024 0    
2023 0    
2022 0    
2021 43,735    
2020 174,832    
Prior 598,050    
Total 816,617    
Gross write-offs, 2023 0    
Gross write-offs, 2022 0    
Gross write-offs, 2021 0    
Gross write-offs, 2020 0    
Gross write-offs, 2019 0    
Gross write-offs, prior 0    
Gross write-offs $ 0    
Non-QM loans | Settled Whole Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
Ratio loan- to-value (as a percent) 65.00%   65.00%
Non-QM loans | Debt-to-Value Ratio, Less Than 80 Percent      
Financing Receivable, Credit Quality Indicator [Line Items]      
2024 $ 0    
2023 0    
2022 0    
2021 42,349    
2020 164,663    
Prior 591,730    
Total 798,742    
Non-QM loans | Debt-to-Value Ratio, Greater Than 80 Percent      
Financing Receivable, Credit Quality Indicator [Line Items]      
2024 0    
2023 0    
2022 0    
2021 1,386    
2020 10,169    
Prior 6,320    
Total 17,875    
Transitional loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2024 0    
2023 0    
2022 0    
2021 156    
2020 3,915    
Prior 25,027    
Total 29,098    
Gross write-offs, 2023 0    
Gross write-offs, 2022 0    
Gross write-offs, 2021 0    
Gross write-offs, 2020 0    
Gross write-offs, 2019 0    
Gross write-offs, prior 416    
Gross write-offs $ 416    
Transitional loans | Settled Whole Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
Ratio loan- to-value (as a percent) 64.00%   64.00%
Transitional loans | Debt-to-Value Ratio, Less Than 80 Percent      
Financing Receivable, Credit Quality Indicator [Line Items]      
2024 $ 0    
2023 0    
2022 0    
2021 156    
2020 3,915    
Prior 25,027    
Total 29,098    
Transitional loans | Debt-to-Value Ratio, Greater Than 80 Percent      
Financing Receivable, Credit Quality Indicator [Line Items]      
2024 0    
2023 0    
2022 0    
2021 0    
2020 0    
Prior 0    
Total 0    
Single-family rental loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2024 0    
2023 0    
2022 0    
2021 7,861    
2020 19,056    
Prior 122,026    
Total 148,943    
Gross write-offs, 2023 0    
Gross write-offs, 2022 0    
Gross write-offs, 2021 0    
Gross write-offs, 2020 0    
Gross write-offs, 2019 (59)    
Gross write-offs, prior 0    
Gross write-offs (59)    
Single-family rental loans | Debt-to-Value Ratio, Less Than 80 Percent      
Financing Receivable, Credit Quality Indicator [Line Items]      
2024 0    
2023 0    
2022 0    
2021 7,861    
2020 18,648    
Prior 109,439    
Total 135,948    
Single-family rental loans | Debt-to-Value Ratio, Greater Than 80 Percent      
Financing Receivable, Credit Quality Indicator [Line Items]      
2024 0    
2023 0    
2022 0    
2021 0    
2020 408    
Prior 12,587    
Total 12,995    
Seasoned performing loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2024 0    
2023 0    
2022 0    
2021 0    
2020 0    
Prior 66,065    
Total 66,065    
Gross write-offs, 2023 0    
Gross write-offs, 2022 0    
Gross write-offs, 2021 0    
Gross write-offs, 2020 0    
Gross write-offs, 2019 0    
Gross write-offs, prior 0    
Gross write-offs $ 0    
Seasoned performing loans | Settled Whole Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
Ratio loan- to-value (as a percent) 28.00%   28.00%
Seasoned performing loans | Debt-to-Value Ratio, Less Than 80 Percent      
Financing Receivable, Credit Quality Indicator [Line Items]      
2024 $ 0    
2023 0    
2022 0    
2021 0    
2020 0    
Prior 63,739    
Total 63,739    
Seasoned performing loans | Debt-to-Value Ratio, Greater Than 80 Percent      
Financing Receivable, Credit Quality Indicator [Line Items]      
2024 0    
2023 0    
2022 0    
2021 0    
2020 0    
Prior 2,326    
Total 2,326    
Purchased credit deteriorated loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2024 0    
2023 0    
2022 0    
2021 0    
2020 0    
Prior 423,647    
Total 423,647   $ 429,726
Gross write-offs, 2023 0    
Gross write-offs, 2022 0    
Gross write-offs, 2021 0    
Gross write-offs, 2020 0    
Gross write-offs, 2019 0    
Gross write-offs, prior 22    
Gross write-offs 22    
Purchased credit deteriorated loans | Debt-to-Value Ratio, Less Than 80 Percent      
Financing Receivable, Credit Quality Indicator [Line Items]      
2024 0    
2023 0    
2022 0    
2021 0    
2020 0    
Prior 364,008    
Total 364,008    
Purchased credit deteriorated loans | Debt-to-Value Ratio, Greater Than 80 Percent      
Financing Receivable, Credit Quality Indicator [Line Items]      
2024 0    
2023 0    
2022 0    
2021 0    
2020 0    
Prior 59,639    
Total 59,639    
Certain rehabilitation loans | Transitional Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
Purchased performing loans $ 608,900   $ 551,300
Certain rehabilitation loans | Settled Whole Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
Ratio loan- to-value (as a percent) 67.00%   68.00%