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Financing arrangements - Summary of financing arrangements (Details) - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Repurchase Agreements    
Carrying Value $ 1,777,743,000 $ 500,914,000
Weighted Average Funding Cost 1.75%  
Weighted Average Life 3 months 29 days  
Collateral, Amortized Cost Basis $ 2,012,985,000  
Collateral, Fair Value $ 2,033,786,000  
Weighted Average Funding Cost 1.75%  
Weighted Average Life 3 months 29 days  
Collateral, Amortized Cost Basis $ 2,012,985,000  
Collateral, Fair Value 2,033,786,000  
Financing arrangements 1,777,743,000 564,047,000
Cash pledged (i.e., restricted cash) under repurchase agreements 5,000,000  
Revolving Credit Facility | Commercial Loans    
Repurchase Agreements    
Long-term Debt $ 0 63,133,000
Weighted Average Funding Cost 0.00%  
Collateral, Amortized Cost Basis $ 0  
Collateral, Fair Value 0  
Residential Mortgage    
Repurchase Agreements    
Carrying Value $ 1,286,287,000 0
Weighted Average Funding Cost 2.25%  
Weighted Average Life 4 months 24 days  
Collateral, Amortized Cost Basis $ 1,459,876,000  
Collateral, Fair Value $ 1,469,358,000  
Debt interest rate 2.18%  
Residential Mortgage | Variable Interest Entity, Primary Beneficiary    
Repurchase Agreements    
Carrying Value $ 71,308,000 25,590,000
Weighted Average Funding Cost 1.90%  
Weighted Average Life 1 month 20 days  
Collateral, Amortized Cost Basis $ 102,292,000  
Collateral, Fair Value 119,947,000  
Agency RMBS    
Repurchase Agreements    
Carrying Value $ 409,935,000 435,893,000
Weighted Average Funding Cost 0.15%  
Weighted Average Life 1 month 17 days  
Collateral, Amortized Cost Basis $ 432,652,000  
Collateral, Fair Value 426,486,000  
Non-Agency RMBS    
Repurchase Agreements    
Carrying Value $ 10,213,000 14,550,000
Weighted Average Funding Cost 1.85%  
Weighted Average Life 1 month 13 days  
Collateral, Amortized Cost Basis $ 18,165,000  
Collateral, Fair Value 17,995,000  
Non-QM Loans | Counterparty One and Two    
Repurchase Agreements    
Line of credit facility, maximum borrowing capacity 1,300,000,000  
GSE Non-Owner Occupied Loans | Counterparty One and Two    
Repurchase Agreements    
Line of credit facility, maximum borrowing capacity 1,000,000,000  
CMBS    
Repurchase Agreements    
Carrying Value $ 0 $ 24,881,000
Weighted Average Funding Cost 0.00%  
Collateral, Amortized Cost Basis $ 0  
Collateral, Fair Value $ 0