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Fair Value of Financial Instruments - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets carried at fair value    
Investment securities available for sale, at fair value $ 225,267 $ 311,284
Fair Value, Measurements, Recurring    
Assets carried at fair value    
Equity investments 204,697 259,095
Total 4,141,566 4,196,580
Liabilities carried at fair value    
Total 948,090 1,054,335
Fair Value, Measurements, Recurring | Residential loans    
Assets carried at fair value    
Residential loans, at fair value 1,226,841 1,090,930
Fair Value, Measurements, Recurring | Residential loans | Consolidated SLST | VIE, Primary Beneficiary    
Assets carried at fair value    
Residential loans, at fair value 1,176,539 1,266,785
Fair Value, Measurements, Recurring | Residential loans held in securitization trusts    
Assets carried at fair value    
Residential loans, at fair value 799,363 691,451
Fair Value, Measurements, Recurring | Multi-family loans    
Assets carried at fair value    
Multi-family loans 126,719 163,593
Fair Value, Measurements, Recurring | Agency RMBS    
Assets carried at fair value    
Investment securities available for sale, at fair value 131,299 139,395
Fair Value, Measurements, Recurring | Non-Agency RMBS    
Assets carried at fair value    
Investment securities available for sale, at fair value 287,988 355,666
Fair Value, Measurements, Recurring | CMBS    
Assets carried at fair value    
Investment securities available for sale, at fair value 145,500 186,440
Fair Value, Measurements, Recurring | ABS    
Assets carried at fair value    
Investment securities available for sale, at fair value 42,620 43,225
Fair Value, Measurements, Recurring | Residential Collateralized Debt Obligations, at Fair Value | Consolidated SLST | VIE, Primary Beneficiary    
Liabilities carried at fair value    
Collateralized debt obligations, at fair value 948,090 1,054,335
Level 1 | Fair Value, Measurements, Recurring    
Assets carried at fair value    
Equity investments 0 0
Total 0 0
Liabilities carried at fair value    
Total 0 0
Level 1 | Fair Value, Measurements, Recurring | Residential loans    
Assets carried at fair value    
Residential loans, at fair value 0 0
Level 1 | Fair Value, Measurements, Recurring | Residential loans | Consolidated SLST | VIE, Primary Beneficiary    
Assets carried at fair value    
Residential loans, at fair value 0 0
Level 1 | Fair Value, Measurements, Recurring | Residential loans held in securitization trusts    
Assets carried at fair value    
Residential loans, at fair value 0 0
Level 1 | Fair Value, Measurements, Recurring | Multi-family loans    
Assets carried at fair value    
Multi-family loans 0 0
Level 1 | Fair Value, Measurements, Recurring | Agency RMBS    
Assets carried at fair value    
Investment securities available for sale, at fair value 0 0
Level 1 | Fair Value, Measurements, Recurring | Non-Agency RMBS    
Assets carried at fair value    
Investment securities available for sale, at fair value 0 0
Level 1 | Fair Value, Measurements, Recurring | CMBS    
Assets carried at fair value    
Investment securities available for sale, at fair value 0 0
Level 1 | Fair Value, Measurements, Recurring | ABS    
Assets carried at fair value    
Investment securities available for sale, at fair value 0 0
Level 1 | Fair Value, Measurements, Recurring | Residential Collateralized Debt Obligations, at Fair Value | Consolidated SLST | VIE, Primary Beneficiary    
Liabilities carried at fair value    
Collateralized debt obligations, at fair value 0 0
Level 2    
Assets carried at fair value    
Investment securities available for sale, at fair value 607,407 724,726
Level 2 | Fair Value, Measurements, Recurring    
Assets carried at fair value    
Equity investments 0 0
Total 607,407 724,726
Liabilities carried at fair value    
Total 0 0
Level 2 | Fair Value, Measurements, Recurring | Residential loans    
Assets carried at fair value    
Residential loans, at fair value 0 0
Level 2 | Fair Value, Measurements, Recurring | Residential loans | Consolidated SLST | VIE, Primary Beneficiary    
Assets carried at fair value    
Residential loans, at fair value 0 0
Level 2 | Fair Value, Measurements, Recurring | Residential loans held in securitization trusts    
Assets carried at fair value    
Residential loans, at fair value 0 0
Level 2 | Fair Value, Measurements, Recurring | Multi-family loans    
Assets carried at fair value    
Multi-family loans 0 0
Level 2 | Fair Value, Measurements, Recurring | Agency RMBS    
Assets carried at fair value    
Investment securities available for sale, at fair value 131,299 139,395
Level 2 | Fair Value, Measurements, Recurring | Non-Agency RMBS    
Assets carried at fair value    
Investment securities available for sale, at fair value 287,988 355,666
Level 2 | Fair Value, Measurements, Recurring | CMBS    
Assets carried at fair value    
Investment securities available for sale, at fair value 145,500 186,440
Level 2 | Fair Value, Measurements, Recurring | ABS    
Assets carried at fair value    
Investment securities available for sale, at fair value 42,620 43,225
Level 2 | Fair Value, Measurements, Recurring | Residential Collateralized Debt Obligations, at Fair Value | Consolidated SLST | VIE, Primary Beneficiary    
Liabilities carried at fair value    
Collateralized debt obligations, at fair value 0 0
Level 3    
Assets carried at fair value    
Equity investments 204,697 259,095
Level 3 | Fair Value, Measurements, Recurring    
Assets carried at fair value    
Equity investments 204,697 259,095
Total 3,534,159 3,471,854
Liabilities carried at fair value    
Total 948,090 1,054,335
Level 3 | Fair Value, Measurements, Recurring | Residential loans    
Assets carried at fair value    
Residential loans, at fair value 1,226,841 1,090,930
Level 3 | Fair Value, Measurements, Recurring | Residential loans | Consolidated SLST | VIE, Primary Beneficiary    
Assets carried at fair value    
Residential loans, at fair value 1,176,539 1,266,785
Level 3 | Fair Value, Measurements, Recurring | Residential loans held in securitization trusts    
Assets carried at fair value    
Residential loans, at fair value 799,363 691,451
Level 3 | Fair Value, Measurements, Recurring | Multi-family loans    
Assets carried at fair value    
Multi-family loans 126,719 163,593
Level 3 | Fair Value, Measurements, Recurring | Agency RMBS    
Assets carried at fair value    
Investment securities available for sale, at fair value 0 0
Level 3 | Fair Value, Measurements, Recurring | Non-Agency RMBS    
Assets carried at fair value    
Investment securities available for sale, at fair value 0 0
Level 3 | Fair Value, Measurements, Recurring | CMBS    
Assets carried at fair value    
Investment securities available for sale, at fair value 0 0
Level 3 | Fair Value, Measurements, Recurring | ABS    
Assets carried at fair value    
Investment securities available for sale, at fair value 0 0
Level 3 | Fair Value, Measurements, Recurring | Residential Collateralized Debt Obligations, at Fair Value | Consolidated SLST | VIE, Primary Beneficiary    
Liabilities carried at fair value    
Collateralized debt obligations, at fair value $ 948,090 $ 1,054,335