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Secured Financing Agreements - Summary of Outstanding Borrowings (Details) - USD ($)
$ in Thousands
Nov. 07, 2023
Sep. 30, 2023
Dec. 31, 2022
Line of Credit Facility [Line Items]      
Repurchase facilities   $ 921,348 $ 1,015,566
Asset-specific financings   45,823 44,913
Other Secured Financings   100,000 100,000
Unused Capacity   878,652 905,525
Total Capacity   1,800,000 1,921,091
Carrying Value of Collateral, Assets   1,392,449 1,486,138
Real estate owned, net   17,527 0
Secured Debt      
Line of Credit Facility [Line Items]      
Other Secured Financings   100,000 100,000
Unused Capacity   0 0
Carrying Value of Collateral, Liability   $ 123,112 $ 157,112
Weighted Average Borrowing Rate   11.80% 10.80%
Revolving Credit Facility      
Line of Credit Facility [Line Items]      
Line of credit facility, accordion feature, increase limit   $ 200,000 $ 200,000
Revolving Credit Facility | Asset Pledged as Collateral      
Line of Credit Facility [Line Items]      
Real estate owned, net   4,500  
Asset-specific financings      
Line of Credit Facility [Line Items]      
Asset-specific financings   45,823 44,913
Unused Capacity   104,177 105,087
Total Capacity   150,000 150,000
Carrying Value of Collateral, Assets   $ 59,582  
Weighted Average Borrowing Rate   7.10%  
Asset-specific financings | Secured Debt      
Line of Credit Facility [Line Items]      
Carrying Value of Collateral, Assets     $ 57,629
Weighted Average Borrowing Rate     6.00%
Loans Receivable | Morgan Stanley Bank      
Line of Credit Facility [Line Items]      
Repurchase facilities   $ 246,196 $ 494,250
Unused Capacity   228,804 105,750
Total Capacity   475,000 600,000
Carrying Value of Collateral, Assets   $ 374,085 $ 701,469
Weighted Average Borrowing Rate, Assets   8.00% 7.00%
Loans Receivable | Goldman Sachs Bank USA      
Line of Credit Facility [Line Items]      
Repurchase facilities   $ 99,856 $ 66,914
Unused Capacity   150,144 183,086
Total Capacity   250,000 250,000
Carrying Value of Collateral, Assets   $ 173,005 $ 93,651
Weighted Average Borrowing Rate, Assets   8.10% 6.50%
Assets sold under agreements to repurchase, accordion feature, increase limit   $ 350,000 $ 350,000
Loans Receivable | Goldman Sachs Bank USA | Subsequent Event      
Line of Credit Facility [Line Items]      
Assets sold under agreements to repurchase, accordion feature, increase limit $ 525,000    
Loans Receivable | JPMorgan Chase Bank      
Line of Credit Facility [Line Items]      
Repurchase facilities   367,672 132,438
Unused Capacity   57,328 217,562
Total Capacity   425,000 350,000
Carrying Value of Collateral, Assets   $ 553,757 $ 211,841
Weighted Average Borrowing Rate, Assets   8.40% 6.70%
Loans Receivable | Citibank      
Line of Credit Facility [Line Items]      
Repurchase facilities   $ 200,595 $ 204,593
Unused Capacity   299,405 295,407
Total Capacity   500,000 500,000
Carrying Value of Collateral, Assets   $ 269,645 $ 266,179
Weighted Average Borrowing Rate, Assets   7.10% 6.10%
Loans Receivable | Wells Fargo Bank      
Line of Credit Facility [Line Items]      
Repurchase facilities     $ 71,091
Unused Capacity     0
Total Capacity     71,091
Carrying Value of Collateral, Assets     $ 111,154
Weighted Average Borrowing Rate, Assets     6.30%
Loans Receivable | Centennial Bank      
Line of Credit Facility [Line Items]      
Repurchase facilities   $ 7,029 $ 46,280
Unused Capacity   142,971 103,720
Total Capacity   150,000 150,000
Carrying Value of Collateral, Assets   $ 21,957 $ 101,844
Weighted Average Borrowing Rate, Assets   10.30% 9.30%