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Segment Reporting Operating Profit and Loss by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Segment Reporting Information [Line Items]    
Interest income $ 101,520 $ 87,174
Interest expense (70,464) (59,617)
Noninterest Income 44,485 51,675
Operating Expenses (43,655) (37,902)
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 31,886 41,330
Income tax expense (benefit) 61 21
Earnings (losses) from investments in unconsolidated entities 2,226 3,444
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 34,051 44,753
Net income (loss) attributable to non-controlling interests 482 720
Dividends on preferred stock 6,654 5,117
Net income (loss) attributable to common stockholders 26,915 38,916
Depreciation 270 358
Investment Portfolio Segment    
Segment Reporting Information [Line Items]    
Interest income 91,403 82,369
Interest expense (57,310) (52,136)
Noninterest Income 10,024 10,929
Operating Expenses (3,143) (3,505)
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 40,974 37,657
Income tax expense (benefit) 0 0
Earnings (losses) from investments in unconsolidated entities 2,226 3,444
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 43,200 41,101
Net income (loss) attributable to non-controlling interests 185 238
Dividends on preferred stock 0 0
Net income (loss) attributable to common stockholders 43,015 40,863
Depreciation 0 0
Longbridge Segment    
Segment Reporting Information [Line Items]    
Interest income 8,240 2,893
Interest expense (8,557) (4,346)
Noninterest Income 38,170 33,398
Operating Expenses (29,099) (25,447)
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 8,754 6,498
Income tax expense (benefit) 0 0
Earnings (losses) from investments in unconsolidated entities 0 0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 8,754 6,498
Net income (loss) attributable to non-controlling interests 38 2
Dividends on preferred stock 0 0
Net income (loss) attributable to common stockholders 8,716 6,496
Depreciation 270 358
Corporate and Other    
Segment Reporting Information [Line Items]    
Interest income 1,877 1,912
Interest expense (4,597) (3,135)
Noninterest Income (3,709) 7,348
Operating Expenses (11,413) (8,950)
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest (17,842) (2,825)
Income tax expense (benefit) 61 21
Earnings (losses) from investments in unconsolidated entities 0 0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (17,903) (2,846)
Net income (loss) attributable to non-controlling interests 259 480
Dividends on preferred stock 6,654 5,117
Net income (loss) attributable to common stockholders (24,816) (8,443)
Depreciation $ 0 $ 0