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Segment Reporting (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
Segment Reporting [Abstract]                
Income Tax Expense (Benefit) $ 83   $ (7,825)   $ 104 $ (14,785)    
Segment Reporting Information [Line Items]                
Interest income 88,092   62,722   175,266 113,796    
Interest expense (63,433)   (26,024)   (123,050) (40,041)    
Noninterest Income 34,663   (69,607)   86,338 (95,049)    
Operating Expenses 42,632   13,102   80,534 32,669    
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 16,690   (46,011)   58,020 (53,963)    
Earnings (losses) from investments in unconsolidated entities (5,868)   (23,265)   (2,424) (28,771)    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 10,739 $ 44,753 (61,451) $ (6,498) 55,492 (67,949)    
Net income (loss) attributable to non-controlling interests 1,861   (391)   2,581 (811)    
Dividends on preferred stock 5,980   3,821   11,097 7,645    
Net income (loss) attributable to common stockholders 2,898   (64,881)   41,814 (74,783)    
Depreciation 352       710      
Total Assets 14,302,865       14,302,865   $ 14,085,886  
Liabilities 12,958,208       12,958,208   12,865,000  
Total Equity 1,344,657 $ 1,374,763 1,234,455 $ 1,322,938 1,344,657 1,234,455 1,220,886 $ 1,323,556
Longbridge Segment                
Segment Reporting [Abstract]                
Income Tax Expense (Benefit) 0       0      
Segment Reporting Information [Line Items]                
Interest income 3,779       6,672      
Interest expense (6,117)       (10,463)      
Noninterest Income 30,630       64,028      
Operating Expenses 25,816       51,263      
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 2,476       8,974      
Earnings (losses) from investments in unconsolidated entities 0       0      
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 2,476       8,974      
Net income (loss) attributable to non-controlling interests (25)       (23)      
Dividends on preferred stock 0       0      
Net income (loss) attributable to common stockholders 2,501       8,997      
Depreciation 352       710      
Total Assets 8,632,657       8,632,657   8,227,509  
Liabilities 8,439,949       8,439,949   8,092,313  
Total Equity 192,708       192,708   135,196  
Investment Portfolio Segment                
Segment Reporting [Abstract]                
Income Tax Expense (Benefit) 0   0   0 0    
Segment Reporting Information [Line Items]                
Interest income 83,118   62,387   165,487 113,442    
Interest expense (54,207)   (21,620)   (106,343) (34,299)    
Noninterest Income 13,352   (72,547)   24,281 (94,318)    
Operating Expenses 3,865   5,315   7,369 13,067    
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 38,398   (37,095)   76,056 (28,242)    
Earnings (losses) from investments in unconsolidated entities (5,868)   (23,265)   (2,424) (28,771)    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 32,530   (60,360)   73,632 (57,013)    
Net income (loss) attributable to non-controlling interests 1,847   429   2,085 131    
Dividends on preferred stock 0   0   0 0    
Net income (loss) attributable to common stockholders 30,683   (60,789)   71,547 (57,144)    
Depreciation 0       0      
Total Assets 5,475,115       5,475,115   5,635,657  
Liabilities 4,239,262       4,239,262   4,499,669  
Total Equity 1,235,853       1,235,853   1,135,988  
Corporate and Other                
Segment Reporting [Abstract]                
Income Tax Expense (Benefit) 83   (7,825)   104 (14,785)    
Segment Reporting Information [Line Items]                
Interest income 1,195   335   3,107 354    
Interest expense (3,109)   (4,404)   (6,244) (5,742)    
Noninterest Income (9,319)   2,940   (1,971) (731)    
Operating Expenses 12,951   7,787   21,902 19,602    
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest (24,184)   (8,916)   (27,010) (25,721)    
Earnings (losses) from investments in unconsolidated entities 0   0   0 0    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (24,267)   (1,091)   (27,114) (10,936)    
Net income (loss) attributable to non-controlling interests 39   (820)   519 (942)    
Dividends on preferred stock 5,980   3,821   11,097 7,645    
Net income (loss) attributable to common stockholders (30,286)   $ (4,092)   (38,730) $ (17,639)    
Depreciation 0       0      
Total Assets 195,093       195,093   222,720  
Liabilities 278,997       278,997   273,018  
Total Equity $ (83,904)       $ (83,904)   $ (50,298)