XML 70 R59.htm IDEA: XBRL DOCUMENT v3.19.1
Valuation (Schedule of Significant Unobservable Inputs, Qualitative Information) (Details) - Level 3
12 Months Ended
Dec. 31, 2018
USD ($)
Dec. 31, 2017
Mar. 31, 2019
Mar. 31, 2019
month
Mar. 31, 2019
$ / shares
Mar. 31, 2019
USD ($)
Corporate equity securities | Non-exchange traded preferred equity investment in loan origination entity            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 3,000,000          
Valuation, Market Approach | Private label mortgage backed securities            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 36,945,000         $ 42,096,000
Valuation, Market Approach | Private label mortgage backed securities | Measurement Input, Quoted Price | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 17.42          
Securities, measurement input | $ / shares         15.72  
Valuation, Market Approach | Private label mortgage backed securities | Measurement Input, Quoted Price | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 178.00          
Securities, measurement input | $ / shares         184.92  
Valuation, Market Approach | Private label mortgage backed securities | Measurement Input, Quoted Price | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 78.31          
Securities, measurement input | $ / shares         82.84  
Valuation, Market Approach | CMBS            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 576,000         5,137,000
Valuation, Market Approach | CMBS | Measurement Input, Quoted Price | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 5.93          
Securities, measurement input | $ / shares         5.94  
Valuation, Market Approach | CMBS | Measurement Input, Quoted Price | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 6.36          
Securities, measurement input | $ / shares         70.90  
Valuation, Market Approach | CMBS | Measurement Input, Quoted Price | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 6.14          
Securities, measurement input | $ / shares         60.88  
Valuation, Market Approach | Agency interest only RMBS            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 744,000         705,000
Valuation, Market Approach | Agency interest only RMBS | Measurement Input, Quoted Price | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 1.70          
Securities, measurement input | $ / shares         8.42  
Valuation, Market Approach | Agency interest only RMBS | Measurement Input, Quoted Price | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 9.12          
Securities, measurement input | $ / shares         14.43  
Valuation, Market Approach | Agency interest only RMBS | Measurement Input, Quoted Price | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 5.64          
Securities, measurement input | $ / shares         11.96  
Valuation, Market Approach | Corporate debt and equity            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value           1,452,000
Valuation, Market Approach | Corporate debt and equity | Measurement Input, Quoted Price | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input | $ / shares         83.50  
Valuation, Market Approach | Corporate debt and equity | Measurement Input, Quoted Price | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input | $ / shares         83.50  
Valuation, Market Approach | Corporate debt and equity | Measurement Input, Quoted Price | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input | $ / shares         83.50  
Valuation, Market Approach | CLOs            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 5,828,000         13,508,000
Valuation, Market Approach | CLOs | Measurement Input, Quoted Price | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 2.64          
Securities, measurement input | $ / shares         27.30  
Valuation, Market Approach | CLOs | Measurement Input, Quoted Price | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 375.00          
Securities, measurement input | $ / shares         80.00  
Valuation, Market Approach | CLOs | Measurement Input, Quoted Price | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 167.78          
Securities, measurement input | $ / shares         72.87  
Valuation, Market Approach | Corporate debt, non-exchange traded corporate equity, and secured notes [Member]            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 13,976,000          
Valuation, Market Approach | Corporate debt, non-exchange traded corporate equity, and secured notes [Member] | Measurement Input, Quoted Price | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 9.69          
Valuation, Market Approach | Corporate debt, non-exchange traded corporate equity, and secured notes [Member] | Measurement Input, Quoted Price | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 91.00          
Valuation, Market Approach | Corporate debt, non-exchange traded corporate equity, and secured notes [Member] | Measurement Input, Quoted Price | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 59.18          
Valuation, Income Approach | Private label mortgage backed securities            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 54,346,000         52,574,000
Valuation, Income Approach | Private label mortgage backed securities | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Total outstanding collateral 100.00%   100.00%      
Valuation, Income Approach | Private label mortgage backed securities | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 3.50%          
Securities, measurement input     0.005      
Valuation, Income Approach | Private label mortgage backed securities | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 66.10%          
Securities, measurement input     0.671      
Valuation, Income Approach | Private label mortgage backed securities | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 10.70%          
Securities, measurement input     0.095      
Valuation, Income Approach | Private label mortgage backed securities | Measurement Input, Prepayment Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 16.00%          
Securities, measurement input     0.151      
Valuation, Income Approach | Private label mortgage backed securities | Measurement Input, Prepayment Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 92.10%          
Securities, measurement input     0.778      
Valuation, Income Approach | Private label mortgage backed securities | Measurement Input, Prepayment Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 50.40%          
Securities, measurement input     0.466      
Valuation, Income Approach | Private label mortgage backed securities | Measurement Input, Default Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 0.00%          
Securities, measurement input     0.001      
Valuation, Income Approach | Private label mortgage backed securities | Measurement Input, Default Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 23.10%          
Securities, measurement input     0.176      
Valuation, Income Approach | Private label mortgage backed securities | Measurement Input, Default Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 8.70%          
Securities, measurement input     0.088      
Valuation, Income Approach | Private label mortgage backed securities | Measurement Input, Projected Collateral Recoveries | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 1.50%          
Securities, measurement input     0.017      
Valuation, Income Approach | Private label mortgage backed securities | Measurement Input, Projected Collateral Recoveries | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 14.60%          
Securities, measurement input     0.158      
Valuation, Income Approach | Private label mortgage backed securities | Measurement Input, Projected Collateral Recoveries | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 7.30%          
Securities, measurement input     0.082      
Valuation, Income Approach | Private label mortgage backed securities | Measurement input, Projected Collateral Scheduled Amortization | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 6.10%          
Securities, measurement input     0.163      
Valuation, Income Approach | Private label mortgage backed securities | Measurement input, Projected Collateral Scheduled Amortization | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 61.80%          
Securities, measurement input     0.630      
Valuation, Income Approach | Private label mortgage backed securities | Measurement input, Projected Collateral Scheduled Amortization | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 33.60%          
Securities, measurement input     0.364      
Valuation, Income Approach | CMBS            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 227,000          
Valuation, Income Approach | CMBS | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Total outstanding collateral 100.00%          
Valuation, Income Approach | CMBS | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 3.40%          
Valuation, Income Approach | CMBS | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 3.40%          
Valuation, Income Approach | CMBS | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 3.40%          
Valuation, Income Approach | CMBS | Measurement Input, Default Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 2.00%          
Valuation, Income Approach | CMBS | Measurement Input, Default Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 2.00%          
Valuation, Income Approach | CMBS | Measurement Input, Default Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 2.00%          
Valuation, Income Approach | CMBS | Measurement Input, Projected Collateral Recoveries | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 6.60%          
Valuation, Income Approach | CMBS | Measurement Input, Projected Collateral Recoveries | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 6.60%          
Valuation, Income Approach | CMBS | Measurement Input, Projected Collateral Recoveries | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 6.60%          
Valuation, Income Approach | CMBS | Measurement input, Projected Collateral Scheduled Amortization | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 91.40%          
Valuation, Income Approach | CMBS | Measurement input, Projected Collateral Scheduled Amortization | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 91.40%          
Valuation, Income Approach | CMBS | Measurement input, Projected Collateral Scheduled Amortization | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 91.40%          
Valuation, Income Approach | Corporate Debt and non-exchange traded corporate equity [Member]            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 4,793,000          
Valuation, Income Approach | Corporate Debt and non-exchange traded corporate equity [Member] | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 17.50%          
Valuation, Income Approach | Corporate Debt and non-exchange traded corporate equity [Member] | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 17.50%          
Valuation, Income Approach | Corporate Debt and non-exchange traded corporate equity [Member] | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 17.50%          
Valuation, Income Approach | Corporate debt and equity            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value           5,750,000
Valuation, Income Approach | Corporate debt and equity | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input     0.100      
Valuation, Income Approach | Corporate debt and equity | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input     0.196      
Valuation, Income Approach | Corporate debt and equity | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input     0.167      
Valuation, Income Approach | Agency interest only RMBS            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 6,549,000         5,684,000
Valuation, Income Approach | Agency interest only RMBS | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 2.11% [1] 3.81%        
Valuation, Income Approach | Agency interest only RMBS | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 35.21% [1] 35.21%        
Valuation, Income Approach | Agency interest only RMBS | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 6.77% [1] 7.30%        
Total outstanding collateral 100.00%   100.00%      
Valuation, Income Approach | Agency interest only RMBS | Measurement Input, LIBOR OAS | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input     0.0093      
Valuation, Income Approach | Agency interest only RMBS | Measurement Input, LIBOR OAS | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input     0.3527      
Valuation, Income Approach | Agency interest only RMBS | Measurement Input, LIBOR OAS | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input     0.0654      
Valuation, Income Approach | Agency interest only RMBS | Measurement Input, Prepayment Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 37.70%          
Securities, measurement input     0.300      
Valuation, Income Approach | Agency interest only RMBS | Measurement Input, Prepayment Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 100.00%          
Securities, measurement input     1.000      
Valuation, Income Approach | Agency interest only RMBS | Measurement Input, Prepayment Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 66.20%          
Securities, measurement input     0.677      
Valuation, Income Approach | Agency interest only RMBS | Measurement input, Projected Collateral Scheduled Amortization | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 0.00%          
Securities, measurement input     0.000      
Valuation, Income Approach | Agency interest only RMBS | Measurement input, Projected Collateral Scheduled Amortization | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 62.30%          
Securities, measurement input     0.700      
Valuation, Income Approach | Agency interest only RMBS | Measurement input, Projected Collateral Scheduled Amortization | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 33.80%          
Securities, measurement input     0.323      
Valuation, Income Approach | Investment in unconsolidated entities            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value           23,303,000
Valuation, Income Approach | Investment in unconsolidated entities | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Equity method investment, measurement input     0.055      
Valuation, Income Approach | Investment in unconsolidated entities | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Equity method investment, measurement input     0.196      
Valuation, Income Approach | Investment in unconsolidated entities | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Equity method investment, measurement input     0.102      
Valuation, Income Approach | CLOs            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 9,087,000         7,930,000
Valuation, Income Approach | CLOs | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Total outstanding collateral 100.00%   100.00%      
Valuation, Income Approach | CLOs | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 12.60%          
Securities, measurement input     0.087      
Valuation, Income Approach | CLOs | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 103.10%          
Securities, measurement input     0.152      
Valuation, Income Approach | CLOs | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 26.70%          
Securities, measurement input     0.118      
Valuation, Income Approach | CLOs | Measurement Input, Prepayment Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 8.10%          
Securities, measurement input     0.199      
Valuation, Income Approach | CLOs | Measurement Input, Prepayment Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 88.40%          
Securities, measurement input     0.873      
Valuation, Income Approach | CLOs | Measurement Input, Prepayment Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 65.20%          
Securities, measurement input     0.525      
Valuation, Income Approach | CLOs | Measurement Input, Default Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 3.70%          
Securities, measurement input     0.053      
Valuation, Income Approach | CLOs | Measurement Input, Default Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 40.80%          
Securities, measurement input     0.308      
Valuation, Income Approach | CLOs | Measurement Input, Default Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 13.50%          
Securities, measurement input     0.157      
Valuation, Income Approach | CLOs | Measurement Input, Projected Collateral Recoveries | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 4.20%          
Securities, measurement input     0.042      
Valuation, Income Approach | CLOs | Measurement Input, Projected Collateral Recoveries | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 38.00%          
Securities, measurement input     0.137      
Valuation, Income Approach | CLOs | Measurement Input, Projected Collateral Recoveries | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 11.90%          
Securities, measurement input     0.088      
Valuation, Income Approach | CLOs | Measurement input, Projected Collateral Scheduled Amortization | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 3.50%          
Securities, measurement input     0.000      
Valuation, Income Approach | CLOs | Measurement input, Projected Collateral Scheduled Amortization | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 13.50%          
Securities, measurement input     0.652      
Valuation, Income Approach | CLOs | Measurement input, Projected Collateral Scheduled Amortization | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 9.40%          
Securities, measurement input     0.230      
Valuation, Income Approach | Consumer loans and asset-backed securities backed by consumer loans            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 206,761,000         24,108,000
Valuation, Income Approach | Consumer loans and asset-backed securities backed by consumer loans | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Total outstanding collateral 100.00%   100.00%      
Valuation, Income Approach | Consumer loans and asset-backed securities backed by consumer loans | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 7.00%          
Securities, measurement input     0.120      
Valuation, Income Approach | Consumer loans and asset-backed securities backed by consumer loans | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 18.30%          
Securities, measurement input     0.187      
Valuation, Income Approach | Consumer loans and asset-backed securities backed by consumer loans | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 8.50%          
Securities, measurement input     0.122      
Valuation, Income Approach | Consumer loans and asset-backed securities backed by consumer loans | Measurement Input, Prepayment Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 0.00%          
Securities, measurement input     0.000      
Valuation, Income Approach | Consumer loans and asset-backed securities backed by consumer loans | Measurement Input, Prepayment Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 45.90%          
Securities, measurement input     0.110      
Valuation, Income Approach | Consumer loans and asset-backed securities backed by consumer loans | Measurement Input, Prepayment Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 33.50%          
Securities, measurement input     0.094      
Valuation, Income Approach | Consumer loans and asset-backed securities backed by consumer loans | Measurement Input, Default Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 2.60%          
Securities, measurement input     0.016      
Valuation, Income Approach | Consumer loans and asset-backed securities backed by consumer loans | Measurement Input, Default Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 84.80%          
Securities, measurement input     0.166      
Valuation, Income Approach | Consumer loans and asset-backed securities backed by consumer loans | Measurement Input, Default Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 9.10%          
Securities, measurement input     0.149      
Valuation, Income Approach | Consumer loans and asset-backed securities backed by consumer loans | Measurement input, Projected Collateral Scheduled Amortization | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 15.20%          
Securities, measurement input     0.729      
Valuation, Income Approach | Consumer loans and asset-backed securities backed by consumer loans | Measurement input, Projected Collateral Scheduled Amortization | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 96.60%          
Securities, measurement input     0.984      
Valuation, Income Approach | Consumer loans and asset-backed securities backed by consumer loans | Measurement input, Projected Collateral Scheduled Amortization | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 57.40%          
Securities, measurement input     0.757      
Valuation, Income Approach | Consumer loans            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value           192,115,000
Valuation, Income Approach | Consumer loans | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Total outstanding collateral     100.00%      
Valuation, Income Approach | Consumer loans | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input     0.070      
Valuation, Income Approach | Consumer loans | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input     0.100      
Valuation, Income Approach | Consumer loans | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input     0.080      
Valuation, Income Approach | Consumer loans | Measurement Input, Prepayment Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input     0.000      
Valuation, Income Approach | Consumer loans | Measurement Input, Prepayment Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input     0.554      
Valuation, Income Approach | Consumer loans | Measurement Input, Prepayment Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input     0.415      
Valuation, Income Approach | Consumer loans | Measurement Input, Default Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input     0.040      
Valuation, Income Approach | Consumer loans | Measurement Input, Default Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input     0.866      
Valuation, Income Approach | Consumer loans | Measurement Input, Default Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input     0.080      
Valuation, Income Approach | Consumer loans | Measurement input, Projected Collateral Scheduled Amortization | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input     0.134      
Valuation, Income Approach | Consumer loans | Measurement input, Projected Collateral Scheduled Amortization | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input     0.857      
Valuation, Income Approach | Consumer loans | Measurement input, Projected Collateral Scheduled Amortization | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Securities, measurement input     0.505      
Valuation, Income Approach | Performing commercial mortgage loans            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 163,876,000          
Valuation, Income Approach | Performing commercial mortgage loans | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 8.00%          
Valuation, Income Approach | Performing commercial mortgage loans | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 22.50%          
Valuation, Income Approach | Performing commercial mortgage loans | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 9.60%          
Valuation, Income Approach | Non-performing commercial mortgage loans and commercial real estate owned            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 80,513,000          
Valuation, Income Approach | Non-performing commercial mortgage loans and commercial real estate owned | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, recovery time 3 months 4 months        
Valuation, Income Approach | Non-performing commercial mortgage loans and commercial real estate owned | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, recovery time 16 months 17 months        
Valuation, Income Approach | Non-performing commercial mortgage loans and commercial real estate owned | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, recovery time 7 months 27 days 9 months 15 days        
Valuation, Income Approach | Non-performing commercial mortgage loans and commercial real estate owned | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 9.60%          
Valuation, Income Approach | Non-performing commercial mortgage loans and commercial real estate owned | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 27.40%          
Valuation, Income Approach | Non-performing commercial mortgage loans and commercial real estate owned | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 13.20%          
Valuation, Income Approach | Performing residential mortgage loans            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 171,367,000          
Valuation, Income Approach | Performing residential mortgage loans | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 2.70%          
Valuation, Income Approach | Performing residential mortgage loans | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 12.90%          
Valuation, Income Approach | Performing residential mortgage loans | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 6.00%          
Valuation, Income Approach | Securitized residential mortgage loans            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 314,202,000         296,366,000
Valuation, Income Approach | Securitized residential mortgage loans | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 4.30%          
Loans, measurement input     0.044      
Valuation, Income Approach | Securitized residential mortgage loans | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 4.60%          
Loans, measurement input     0.046      
Valuation, Income Approach | Securitized residential mortgage loans | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 4.60%          
Loans, measurement input     0.045      
Valuation, Income Approach | Non-performing residential mortgage loans and residential real estate owned            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 12,557,000          
Valuation, Income Approach | Non-performing residential mortgage loans and residential real estate owned | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, recovery time 1 month 27 days [2] 1 month 27 days        
Valuation, Income Approach | Non-performing residential mortgage loans and residential real estate owned | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, recovery time 42 months 6 days [2] 40 months 15 days        
Valuation, Income Approach | Non-performing residential mortgage loans and residential real estate owned | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, recovery time 27 months 24 days [2] 25 months 18 days        
Valuation, Income Approach | Non-performing residential mortgage loans and residential real estate owned | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 4.30%          
Valuation, Income Approach | Non-performing residential mortgage loans and residential real estate owned | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 25.10%          
Valuation, Income Approach | Non-performing residential mortgage loans and residential real estate owned | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 11.30%          
Valuation, Income Approach | Credit default swaps on asset-backed securities            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 1,472,000         1,233,000
Valuation, Income Approach | Credit default swaps on asset-backed securities | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Total outstanding collateral 100.00%   100.00%      
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement Input, Prepayment Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 33.60%          
Derivative asset, measurement input     0.341      
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement Input, Prepayment Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 42.00%          
Derivative asset, measurement input     0.386      
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement Input, Prepayment Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 36.50%          
Derivative asset, measurement input     0.360      
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement Input, Default Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 11.10%          
Derivative asset, measurement input     0.117      
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement Input, Default Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 15.60%          
Derivative asset, measurement input     0.181      
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement Input, Default Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 12.80%          
Derivative asset, measurement input     0.133      
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement Input, Projected Collateral Recoveries | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 10.30%          
Derivative asset, measurement input     0.142      
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement Input, Projected Collateral Recoveries | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 18.70%          
Derivative asset, measurement input     0.175      
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement Input, Projected Collateral Recoveries | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 15.80%          
Derivative asset, measurement input     0.162      
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement input, Projected Collateral Scheduled Amortization | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 32.00%          
Derivative asset, measurement input     0.291      
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement input, Projected Collateral Scheduled Amortization | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 36.50%          
Derivative asset, measurement input     0.365      
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement input, Projected Collateral Scheduled Amortization | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 34.90%          
Derivative asset, measurement input     0.345      
Valuation, Income Approach | Investment in unconsolidated entities            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 5,192,000          
Valuation, Income Approach | Investment in unconsolidated entities | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 12.90%          
Valuation, Income Approach | Investment in unconsolidated entities | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 16.10%          
Valuation, Income Approach | Investment in unconsolidated entities | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input, percent 15.40%          
Valuation, Income Approach | Other secured borrowings, at fair value            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ (297,948,000)         (282,124,000)
Valuation, Income Approach | Other secured borrowings, at fair value | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Debt, measurement input 3.90%          
Debt instrument, measurement input     0.040      
Valuation, Income Approach | Other secured borrowings, at fair value | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Debt, measurement input 4.40%          
Debt instrument, measurement input     0.041      
Valuation, Income Approach | Other secured borrowings, at fair value | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Debt, measurement input 4.30%          
Debt instrument, measurement input     0.041      
Enterprise Value | Investment in unconsolidated entities            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value           31,849,000
Enterprise Value | Investment in unconsolidated entities | Measurement Input, Equity Price-to-Book | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Equity method investment, measurement input     1.0      
Enterprise Value | Investment in unconsolidated entities | Measurement Input, Equity Price-to-Book | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Equity method investment, measurement input     3.1      
Enterprise Value | Investment in unconsolidated entities | Measurement Input, Equity Price-to-Book | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Equity method investment, measurement input     1.4      
Enterprise Value | Corporate equity securities | Non-exchange traded common equity investment in mortgage-related entity            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 6,750,000          
Enterprise Value | Corporate equity securities | Non-exchange traded common equity investment in mortgage-related entity | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 3.3 [3] 2.0        
Enterprise Value | Corporate equity securities | Non-exchange traded common equity investment in mortgage-related entity | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 3.3 [3] 2.0        
Enterprise Value | Corporate equity securities | Non-exchange traded common equity investment in mortgage-related entity | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 3.3 [3] 2.0        
Enterprise Value | Corporate equity securities | Non-exchange traded preferred equity investment in mortgage-related entity            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value $ 27,317,000          
Enterprise Value | Corporate equity securities | Non-exchange traded preferred equity investment in mortgage-related entity | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 1.1 [3] 0.9        
Enterprise Value | Corporate equity securities | Non-exchange traded preferred equity investment in mortgage-related entity | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 1.1 [3] 0.9        
Enterprise Value | Corporate equity securities | Non-exchange traded preferred equity investment in mortgage-related entity | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Investment, measurement input 1.1 [3] 0.9        
Market Quotes | Investment in unconsolidated entities            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value           3,000,000
Performing and/or Re-performing | Residential mortgage loans | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Loans, measurement input     0.041      
Performing and/or Re-performing | Residential mortgage loans | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Loans, measurement input     0.226      
Performing and/or Re-performing | Residential mortgage loans | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Loans, measurement input     0.060      
Performing and/or Re-performing | Valuation, Income Approach | Commercial mortgage loans            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value           198,823,000
Performing and/or Re-performing | Valuation, Income Approach | Commercial mortgage loans | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Loans, measurement input     0.080      
Performing and/or Re-performing | Valuation, Income Approach | Commercial mortgage loans | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Loans, measurement input     0.225      
Performing and/or Re-performing | Valuation, Income Approach | Commercial mortgage loans | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Loans, measurement input     0.094      
Performing and/or Re-performing | Valuation, Income Approach | Residential mortgage loans            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value           274,572,000
Non-performing | Residential mortgage loans | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Loans, measurement input     0.043      
Non-performing | Residential mortgage loans | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Loans, measurement input     0.333      
Non-performing | Residential mortgage loans | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Loans, measurement input     0.119      
Non-performing | Valuation, Income Approach | Commercial mortgage loans            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value           40,800,000
Non-performing | Valuation, Income Approach | Commercial mortgage loans | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Loans, measurement input     0.105 0.0    
Non-performing | Valuation, Income Approach | Commercial mortgage loans | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Loans, measurement input     0.141 5.0    
Non-performing | Valuation, Income Approach | Commercial mortgage loans | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Loans, measurement input     0.128 3.0    
Non-performing | Valuation, Income Approach | Residential mortgage loans            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Fair value           $ 12,314,000
Non-performing | Valuation, Income Approach | Residential mortgage loans | Measurement Input, Discount Rate | Minimum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Loans, measurement input | month       13.5    
Non-performing | Valuation, Income Approach | Residential mortgage loans | Measurement Input, Discount Rate | Maximum            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Loans, measurement input | month       62.6    
Non-performing | Valuation, Income Approach | Residential mortgage loans | Measurement Input, Discount Rate | Weighted Average            
Fair Value Measurements Inputs and Valuation Techniques [Line Items]            
Loans, measurement input | month       32.3    
[1] Shown in basis points.
[2] Excludes certain loans that are re-performing.
[3] Represent an estimation of where market participants might value an enterprise on a price-to-book basis.