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Debt Obligations, Credit Facilities and Repurchase Agreements (Details) - USD ($)
 3 Months Ended 12 Months Ended
Dec. 31, 2019
Jun. 30, 2019
Dec. 31, 2019
Dec. 31, 2018
Debt Obligations        
UPB $ 1,681,146,000   $ 1,681,146,000 $ 1,138,135,000
Debt Carrying Value 1,678,288,000   1,678,288,000 1,135,627,000
Collateral Carrying Value $ 1,747,371,000   $ 1,747,371,000 $ 1,249,651,000
Weighted Average Note Rate (as a percent) 3.54%   3.54% 4.35%
Joint Repurchase Facility        
Debt Obligations        
Maximum borrowing capacity $ 700,000,000   $ 700,000,000  
Extension of maturity date (in years)     1 year  
Joint Repurchase Facility | Private Label        
Debt Obligations        
Advance rate (as a percent)     85.00%  
Joint Repurchase Facility | LIBOR | Private Label        
Debt Obligations        
Variable rate, spread (as a percent)     150.00%  
Joint Repurchase Facility | Junior participating loans | LIBOR | Structured loans        
Debt Obligations        
Variable rate, spread (as a percent)     350.00%  
Joint Repurchase Facility | Multifamily senior mortgage loans | LIBOR | Structured loans        
Debt Obligations        
Variable rate, spread (as a percent)     175.00%  
Joint Repurchase Facility | Minimum | Non-multifamily senior mortgage loans | LIBOR | Structured loans        
Debt Obligations        
Variable rate, spread (as a percent)     200.00%  
Joint Repurchase Facility | Maximum | Non-multifamily senior mortgage loans | LIBOR | Structured loans        
Debt Obligations        
Variable rate, spread (as a percent)     225.00%  
Credit facility to finance single-family rental properties | Structured loans        
Debt Obligations        
Debt Instrument, Reduced Basis Spread on Variable Rate     250.00%  
Debt Instrument, Interest Rate, Stated Percentage 4.00%   4.00%  
Maximum borrowing capacity $ 50,000,000   $ 50,000,000  
Structured Business        
Debt Obligations        
UPB 936,768,000   936,768,000 $ 665,844,000
Debt Carrying Value 934,694,000   934,694,000 663,446,000
Collateral Carrying Value $ 1,002,993,000   $ 1,002,993,000 $ 777,360,000
Weighted Average Note Rate (as a percent) 3.94%   3.94% 4.78%
Weighted average note rate including certain fees and costs (as a percent) 4.39%   4.39% 5.07%
Unamortized deferred finance costs $ 2,100,000   $ 2,100,000 $ 2,400,000
Leverage on loans and investment portfolio financed through credit facilities and repurchase agreements, excluding securities repurchase facility, working capital line of credit and security agreements used to finance leasehold and capital expenditure improvements at corporate office (as a percent) 71.00%   71.00% 70.00%
Structured Business | Senior mortgage loans        
Debt Obligations        
Weighted Average Note Rate (as a percent) 4.08%   4.08%  
Structured Business | CLOs        
Debt Obligations        
Debt Instrument, Collateral Amount $ 234,900,000   $ 234,900,000 $ 114,200,000
Structured Business | B Piece bonds        
Debt Obligations        
Debt Instrument, Collateral Amount 68,700,000   68,700,000 76,400,000
Structured Business | SFR bonds        
Debt Obligations        
Collateral Carrying Value 20,000,000   20,000,000  
Structured Business | Multifamily senior mortgage loans        
Debt Obligations        
Maximum borrowing capacity 75,000,000   $ 75,000,000  
Structured Business | Minimum | LIBOR | Build-to-rent single family rental properties        
Debt Obligations        
Variable rate, spread (as a percent)     210.00%  
Structured Business | Maximum | LIBOR | Build-to-rent single family rental properties        
Debt Obligations        
Variable rate, spread (as a percent)     250.00%  
Structured Business | $400 million joint repurchase facility        
Debt Obligations        
UPB 225,051,000   $ 225,051,000 336,428,000
Debt Carrying Value 224,658,000   224,658,000 334,696,000
Collateral Carrying Value $ 339,378,000   $ 339,378,000 $ 467,680,000
Weighted Average Note Rate (as a percent) 4.06%   4.06% 4.75%
Maximum borrowing capacity $ 400,000,000   $ 400,000,000  
Structured Business | $300 million repurchase facility        
Debt Obligations        
UPB 218,891,000   218,891,000  
Debt Carrying Value 218,418,000   218,418,000  
Collateral Carrying Value $ 291,292,000   $ 291,292,000  
Weighted Average Note Rate (as a percent) 3.76%   3.76%  
Maximum borrowing capacity $ 300,000,000   $ 300,000,000  
Advance rate (as a percent)     80.00%  
Structured Business | $200 million repurchase facility        
Debt Obligations        
UPB 40,612,000   $ 40,612,000  
Debt Carrying Value 40,530,000   40,530,000  
Collateral Carrying Value $ 48,086,000   $ 48,086,000  
Weighted Average Note Rate (as a percent) 4.22%   4.22%  
Maximum borrowing capacity $ 200,000,000   $ 200,000,000 $ 200,000,000
Structured Business | $128.7 million loan specific credit facilities        
Debt Obligations        
UPB 128,677,000   128,677,000 85,044,000
Debt Carrying Value 128,274,000   128,274,000 84,701,000
Collateral Carrying Value $ 184,116,000   $ 184,116,000 $ 124,844,000
Weighted Average Note Rate (as a percent) 4.13%   4.13% 4.93%
Maximum borrowing capacity $ 128,700,000   $ 128,700,000 $ 128,700,000
Structured Business | $100 million repurchase facility        
Debt Obligations        
UPB 45,962,000   45,962,000 71,017,000
Debt Carrying Value 45,843,000   45,843,000 70,837,000
Collateral Carrying Value $ 63,800,000   $ 63,800,000 $ 98,597,000
Weighted Average Note Rate (as a percent) 3.56%   3.56% 4.31%
Maximum borrowing capacity $ 100,000,000   $ 100,000,000 $ 100,000,000
Extension of maturity date (in years)     2020 years  
Structured Business | $100 million repurchase facility | Minimum | LIBOR        
Debt Obligations        
Variable rate, spread (as a percent)     175.00%  
Structured Business | $100 million repurchase facility | Maximum        
Debt Obligations        
Advance rate (as a percent)     80.00%  
Structured Business | $100 million repurchase facility | Maximum | LIBOR        
Debt Obligations        
Variable rate, spread (as a percent)     195.00%  
Structured Business | $75 million credit facility - One        
Debt Obligations        
UPB 4,690,000   $ 4,690,000 10,237,000
Debt Carrying Value 4,570,000   4,570,000 10,237,000
Collateral Carrying Value $ 7,000,000   $ 7,000,000 $ 16,889,000
Weighted Average Note Rate (as a percent) 3.56%   3.56% 4.31%
Maximum borrowing capacity $ 75,000,000   $ 75,000,000 $ 75,000,000
Structured Business | $75 million credit facility - One | LIBOR        
Debt Obligations        
Maximum borrowing capacity 175   175  
Structured Business | $75 million credit facility - One | Healthcare Related Loans        
Debt Obligations        
Maximum borrowing capacity 25,000,000   $ 25,000,000  
Advance rate (as a percent)     75.00%  
Structured Business | $75 million credit facility - One | Multifamily senior mortgage loans        
Debt Obligations        
Advance rate (as a percent)     80.00%  
Structured Business | $75 million credit facility - One | Minimum | Healthcare Related Loans | LIBOR        
Debt Obligations        
Variable rate, spread (as a percent)     212.50%  
Structured Business | $75 million credit facility - One | Maximum | Healthcare Related Loans | LIBOR        
Debt Obligations        
Variable rate, spread (as a percent)     250.00%  
Structured Business | $75 million credit facility - two        
Debt Obligations        
UPB 0   $ 0 0
Debt Carrying Value 0   0 0
Collateral Carrying Value $ 0   $ 0 $ 0
Weighted Average Note Rate (as a percent) 0.00%   0.00% 0.00%
Maximum borrowing capacity $ 75,000,000   $ 75,000,000 $ 75,000,000
Structured Business | $75 million credit facility - two | Debt Instrument Variable Rate LIBOR Member        
Debt Obligations        
Variable rate, spread (as a percent)     175.00%  
Structured Business | $75 million credit facility - two | Minimum        
Debt Obligations        
Advance rate (as a percent)     70.00%  
Structured Business | $75 million credit facility - two | Maximum        
Debt Obligations        
Advance rate (as a percent)     80.00%  
Structured Business | $50 million credit facility - one        
Debt Obligations        
UPB 14,948,000   $ 14,948,000 14,160,000
Debt Carrying Value 14,933,000   14,933,000 14,159,000
Collateral Carrying Value $ 17,650,000   $ 17,650,000 $ 17,700,000
Weighted Average Note Rate (as a percent) 3.81%   3.81% 4.57%
Maximum borrowing capacity $ 50,000,000   $ 50,000,000 $ 50,000,000
Advance rate (as a percent)     80.00%  
Structured Business | $50 million credit facility - one | Debt Instrument Variable Rate LIBOR Member        
Debt Obligations        
Debt Instrument, Reduced Basis Spread on Variable Rate     200.00%  
Structured Business | $50 million credit facility - two        
Debt Obligations        
UPB 12,349,000   $ 12,349,000  
Debt Carrying Value 12,191,000   12,191,000  
Collateral Carrying Value $ 16,499,000   $ 16,499,000  
Weighted Average Note Rate (as a percent) 4.32%   4.32%  
Maximum borrowing capacity $ 50,000,000   $ 50,000,000 50,000,000
Advance rate (as a percent)     80.00%  
Extension of maturity date (in years)     1 year  
Structured Business | $50 million credit facility - two | Minimum | Debt Instrument Variable Rate LIBOR Member        
Debt Obligations        
Variable rate, spread (as a percent)     250.00%  
Structured Business | $50 million credit facility - two | Maximum | Debt Instrument Variable Rate LIBOR Member        
Debt Obligations        
Variable rate, spread (as a percent)     325.00%  
Structured Business | $50 million credit facility - three        
Debt Obligations        
UPB 5,280,000   $ 5,280,000  
Debt Carrying Value 5,254,000   5,254,000  
Collateral Carrying Value $ 6,600,000   $ 6,600,000  
Weighted Average Note Rate (as a percent) 4.32%   4.32%  
Maximum borrowing capacity $ 50,000,000   $ 50,000,000 50,000,000
Structured Business | $25 million credit facility        
Debt Obligations        
UPB 19,936,000   19,936,000  
Debt Carrying Value 19,651,000   19,651,000  
Collateral Carrying Value $ 28,572,000   $ 28,572,000  
Weighted Average Note Rate (as a percent) 4.07%   4.07%  
Maximum borrowing capacity $ 25,000,000   $ 25,000,000 25,000,000
Structured Business | $25 million credit facility | LIBOR        
Debt Obligations        
Debt Instrument, Reduced Basis Spread on Variable Rate     225.00%  
Structured Business | $25 million working capital facility        
Debt Obligations        
UPB 0   $ 0 0
Debt Carrying Value 0   0 0
Collateral Carrying Value $ 0   $ 0 $ 0
Weighted Average Note Rate (as a percent) 0.00%   0.00% 0.00%
Maximum borrowing capacity $ 25,000,000   $ 25,000,000 $ 25,000,000
Structured Business | $20.0 million credit facility        
Debt Obligations        
UPB       20,000,000
Debt Carrying Value       19,912,000
Collateral Carrying Value       $ 41,650,000
Weighted Average Note Rate (as a percent)       5.07%
Maximum borrowing capacity 20,000,000   20,000,000 $ 20,000,000
Structured Business | $20.0 million credit facility | Healthcare Related Loans        
Debt Obligations        
Maximum borrowing capacity $ 20,000,000   20,000,000  
Structured Business | $20.0 million credit facility | Healthcare Related Loans | LIBOR        
Debt Obligations        
Debt Instrument, Reduced Basis Spread on Variable Rate 250.00%      
Structured Business | $8 million credit facility        
Debt Obligations        
UPB       8,000,000
Debt Carrying Value       7,946,000
Collateral Carrying Value       $ 10,000,000
Weighted Average Note Rate (as a percent)       5.07%
Maximum borrowing capacity $ 8,000,000   8,000,000 $ 8,000,000
Structured Business | $8 million credit facility | Healthcare Related Loans | LIBOR        
Debt Obligations        
Debt Instrument, Reduced Basis Spread on Variable Rate   250.00%    
Maximum borrowing capacity   $ 8,000,000    
Structured Business | $3.3 million master security agreement        
Debt Obligations        
UPB 3,267,000   3,267,000 2,846,000
Debt Carrying Value $ 3,267,000   $ 3,267,000 $ 2,846,000
Weighted Average Note Rate (as a percent) 4.08%   4.08% 4.06%
Maximum borrowing capacity $ 3,300,000   $ 3,300,000 $ 3,300,000
Structured Business | Repurchase facility - securities        
Debt Obligations        
UPB 217,105,000   217,105,000 118,112,000
Debt Carrying Value $ 217,105,000   $ 217,105,000 $ 118,112,000
Weighted Average Note Rate (as a percent) 3.90%   3.90% 5.07%
Structured Business | $200 million repurchase facility        
Debt Obligations        
Maximum borrowing capacity $ 200,000,000   $ 200,000,000  
Extension of maturity date (in years)     6 months  
Structured Business | $200 million repurchase facility | LIBOR        
Debt Obligations        
Variable rate, spread (as a percent)     240.00%  
Structured Business | $25 million credit facility        
Debt Obligations        
Maximum borrowing capacity 25,000,000   $ 25,000,000  
Extension of maturity date (in years)     1 year  
Structured Business | $25 million unsecured working capital line of credit        
Debt Obligations        
Maximum borrowing capacity 25,000,000   $ 25,000,000  
Structured Business | $25 million unsecured working capital line of credit | LIBOR        
Debt Obligations        
Debt Instrument, Reduced Basis Spread on Variable Rate     225.00%  
Structured Business | Joint Repurchase Facility        
Debt Obligations        
Advance rate (as a percent)     80.00%  
Structured Business | Loan specific credit facilities        
Debt Obligations        
Maximum borrowing capacity 128,700,000   $ 128,700,000  
Structured Business | Credit facility to finance single-family rental properties        
Debt Obligations        
Maximum advance rate, threshold percentage of UPB (as a percent)     75.00%  
Maximum advance rate, threshold percentage of appraised value of collateral (as a percent)     50.00%  
Maximum advance rate, threshold percentage of projected cost of construction (as a percent)     55.00%  
Agency Business        
Debt Obligations        
UPB 744,378,000   $ 744,378,000 $ 472,291,000
Debt Carrying Value 743,594,000   743,594,000 472,181,000
Collateral Carrying Value $ 744,378,000   $ 744,378,000 $ 472,291,000
Weighted Average Note Rate (as a percent) 3.03%   3.03% 3.74%
Unamortized deferred finance costs $ 200,000   $ 200,000 $ 100,000
Agency Business | Fannie Mae        
Debt Obligations        
Letters of Credit Outstanding, Amount 45,000,000   45,000,000  
Agency Business | Freddie Mac        
Debt Obligations        
Letters of Credit Outstanding, Amount 5,000,000   5,000,000  
Committed amount     5,000,000  
Agency Business | $100 million repurchase facility        
Debt Obligations        
Maximum borrowing capacity $ 100,000,000   100,000,000  
Agency Business | $100 million repurchase facility | Minimum        
Debt Obligations        
Committed amount     150,000,000  
Agency Business | $100 million repurchase facility | Maximum        
Debt Obligations        
Committed amount     $ 250,000,000  
Agency Business | $50 million credit facility - one        
Debt Obligations        
Debt Instrument, Interest Rate, Stated Percentage 2.875%   2.875%  
Maximum borrowing capacity $ 50,000,000   $ 50,000,000  
Agency Business | $750 million ASAP agreement        
Debt Obligations        
UPB 148,725,000   148,725,000 104,619,000
Debt Carrying Value 148,725,000   148,725,000 104,619,000
Collateral Carrying Value $ 148,725,000   $ 148,725,000 $ 104,619,000
Weighted Average Note Rate (as a percent) 2.81%   2.81% 3.55%
Debt Instrument, Reduced Basis Spread on Variable Rate     105.00%  
Debt Instrument, Interest Rate, Stated Percentage 0.35%   0.35%  
Maximum borrowing capacity $ 750,000,000   $ 750,000,000 $ 750,000,000
Debt Instrument, Collateral Amount 750,000,000   750,000,000  
Agency Business | $500 million repurchase facility        
Debt Obligations        
UPB 187,742,000   187,742,000 130,917,000
Debt Carrying Value 187,698,000   187,698,000 130,906,000
Collateral Carrying Value $ 187,742,000   $ 187,742,000 $ 130,917,000
Weighted Average Note Rate (as a percent) 2.91%   2.91% 3.78%
Maximum borrowing capacity $ 500,000,000   $ 500,000,000 $ 500,000,000
Agency Business | $500 million repurchase facility | LIBOR        
Debt Obligations        
Debt Instrument, Reduced Basis Spread on Variable Rate     115.00%  
Maximum borrowing capacity 500,000,000   $ 500,000,000  
Agency Business | $300 million joint repurchase facility        
Debt Obligations        
UPB 300,446,000   300,446,000  
Debt Carrying Value 299,824,000   299,824,000  
Collateral Carrying Value $ 300,446,000   $ 300,446,000  
Weighted Average Note Rate (as a percent) 3.26%   3.26%  
Maximum borrowing capacity $ 300,000,000   $ 300,000,000 300,000,000
Agency Business | $250 million credit facility        
Debt Obligations        
UPB       26,651,000
Debt Carrying Value       26,651,000
Collateral Carrying Value       $ 26,651,000
Weighted Average Note Rate (as a percent)       3.75%
Maximum borrowing capacity 250,000,000   250,000,000 $ 250,000,000
Agency Business | $150 million credit facility - one        
Debt Obligations        
UPB 89,673,000   89,673,000 113,685,000
Debt Carrying Value 89,657,000   89,657,000 113,666,000
Collateral Carrying Value $ 89,673,000   $ 89,673,000 $ 113,685,000
Weighted Average Note Rate (as a percent) 2.91%   2.91% 3.80%
Maximum borrowing capacity $ 150,000,000   $ 150,000,000 $ 150,000,000
Agency Business | $150 million credit facility - one | LIBOR        
Debt Obligations        
Debt Instrument, Reduced Basis Spread on Variable Rate     115.00%  
Maximum borrowing capacity 150,000,000   $ 150,000,000  
Agency Business | $150 million credit facility - two        
Debt Obligations        
UPB 17,792,000   17,792,000 96,419,000
Debt Carrying Value 17,690,000   17,690,000 96,339,000
Collateral Carrying Value $ 17,792,000   $ 17,792,000 $ 96,419,000
Weighted Average Note Rate (as a percent) 2.91%   2.91% 3.80%
Maximum borrowing capacity $ 150,000,000   $ 150,000,000 $ 150,000,000
Agency Business | $150 million credit facility - two | LIBOR        
Debt Obligations        
Debt Instrument, Reduced Basis Spread on Variable Rate     115.00%  
Maximum borrowing capacity $ 150,000,000   $ 150,000,000  
Agency Business | $100 million credit facility | LIBOR        
Debt Obligations        
Debt Instrument, Reduced Basis Spread on Variable Rate     115.00%