CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest income:
Loans held-for-investment	$ 49,056	$ 49,350	$ 96,354	$ 103,389
Cash and cash equivalents	223	103	246	203
Total interest income	49,279	49,453	96,600	103,592
Interest expense:
Repurchase facilities	10,380	6,047	15,388	14,998
Securitized debt obligations	10,844	7,129	20,576	11,746
Convertible senior notes	4,572	4,544	9,118	9,062
Term financing facility	340	2,633	1,713	4,755
Asset-specific financings	322	668	604	1,545
Senior secured term loan facilities	886	5,653	3,754	10,933
Total interest expense	27,344	26,674	51,153	53,039
Net interest income	21,935	22,779	45,447	50,553
Other income (loss):
Benefit from (provision for) credit losses	(13,627)	193	(17,315)	9,312
Loss on extinguishment of debt	(13,032)	0	(18,823)	0
Fee income	461	0	954	0
Total other income (loss)	(26,198)	193	(35,184)	9,312
Expenses:
Compensation and benefits	5,770	5,017	11,586	10,477
Servicing expenses	1,500	1,124	2,961	2,440
Other operating expenses	2,185	2,564	4,799	4,691
Total expenses	9,455	8,705	19,346	17,608
Income (loss) before income taxes	(13,718)	14,267	(9,083)	42,257
Benefit from income taxes	13	(2)	12	(3)
Net income (loss)	(13,731)	14,269	(9,095)	42,260
Dividends on preferred stock	3,625	25	7,250	50
Net (loss) income attributable to common stockholders - basic	$ (17,356)	$ 14,244	$ (16,345)	$ 42,210
Basic earnings per weighted average common share (in usd per share)	$ (0.32)	$ 0.26	$ (0.30)	$ 0.77
Diluted earnings per weighted average common share (in usd per share)	$ (0.32)	$ 0.24	$ (0.30)	$ 0.71
Weighted average number of shares of common stock outstanding:
Basic (in shares)	53,512,005	55,009,732	53,683,575	55,073,317
Diluted (in shares)	53,512,005	58,526,985	53,683,575	72,564,914
Comprehensive income (loss):
Net (loss) income attributable to common stockholders - basic	$ (17,356)	$ 14,244	$ (16,345)	$ 42,210
Comprehensive (loss) income	$ (17,356)	$ 14,244	$ (16,345)	$ 42,210