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Loans and Investments - Risk Ratings and LTV Ratios (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Loans and Investments    
Percentage of Portfolio 100.00% 100.00%
Wtd. Avg. First Dollar LTV Ratio (as percent) 3.00% 4.00%
Wtd. Avg. Last Dollar LTV Ratio (as percent) 76.00% 77.00%
Credit risk concentration    
Loans and Investments    
Origination Year 2021 $ 2,745,517  
Origination Year 2020 2,232,547  
Origination Year 2019 1,539,310  
Origination Year 2018 373,862  
Origination Year 2017 313,369  
Origination Year Prior 181,324  
Amortized cost basis $ 7,385,929  
Wtd. Avg. First Dollar LTV Ratio (as percent) 3.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 76.00%  
Credit risk concentration | Loans and investments portfolio | New York    
Loans and Investments    
Concentration risk, percentage 18.00% 19.00%
Credit risk concentration | Loans and investments portfolio | Texas    
Loans and Investments    
Concentration risk, percentage 16.00% 11.00%
Credit risk concentration | Multifamily    
Loans and Investments    
Origination Year 2021 $ 2,601,684  
Origination Year 2020 2,005,762  
Origination Year 2019 1,331,213  
Origination Year 2018 249,963  
Origination Year 2017 168,338  
Origination Year Prior 37,735  
Amortized cost basis $ 6,394,695  
Percentage of Portfolio 87.00%  
Wtd. Avg. First Dollar LTV Ratio (as percent) 3.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 76.00%  
Credit risk concentration | Multifamily | Pass    
Loans and Investments    
Origination Year 2021 $ 1,852,008  
Origination Year 2020 753,955  
Origination Year 2019 44,035  
Origination Year 2018 121,555  
Origination Year Prior 335  
Amortized cost basis 2,650,333  
Credit risk concentration | Multifamily | Pass/Watch    
Loans and Investments    
Origination Year 2021 699,139  
Origination Year 2020 817,032  
Origination Year 2019 468,975  
Origination Year 2018 111,483  
Origination Year 2017 36,000  
Origination Year Prior 29,150  
Amortized cost basis 2,171,851  
Credit risk concentration | Multifamily | Special Mention    
Loans and Investments    
Origination Year 2021 50,537  
Origination Year 2020 415,935  
Origination Year 2019 697,673  
Origination Year 2018 16,925  
Origination Year 2017 98,138  
Origination Year Prior 8,250  
Amortized cost basis 1,373,766  
Credit risk concentration | Multifamily | Substandard    
Loans and Investments    
Origination Year 2020 18,840  
Origination Year 2019 120,530  
Origination Year 2017 16,500  
Amortized cost basis 181,045  
Credit risk concentration | Multifamily | Doubtful    
Loans and Investments    
Origination Year 2017 17,700  
Amortized cost basis 17,700  
Credit risk concentration | Land    
Loans and Investments    
Origination Year 2020 79,118  
Origination Year 2019 19,523  
Origination Year 2017 19,975  
Origination Year Prior 127,928  
Amortized cost basis $ 246,544  
Percentage of Portfolio 3.00%  
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 94.00%  
Credit risk concentration | Land | Special Mention    
Loans and Investments    
Origination Year 2020 $ 8,100  
Amortized cost basis 8,100  
Credit risk concentration | Land | Substandard    
Loans and Investments    
Origination Year 2020 71,018  
Origination Year 2019 19,523  
Origination Year 2017 19,975  
Origination Year Prior 127,928  
Amortized cost basis 238,444  
Credit risk concentration | Healthcare    
Loans and Investments    
Origination Year 2019 72,419  
Origination Year 2018 41,500  
Origination Year 2017 44,275  
Amortized cost basis $ 158,194  
Percentage of Portfolio 2.00%  
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 75.00%  
Credit risk concentration | Healthcare | Pass    
Loans and Investments    
Origination Year 2019 $ 6,600  
Amortized cost basis 6,600  
Credit risk concentration | Healthcare | Special Mention    
Loans and Investments    
Origination Year 2019 65,819  
Origination Year 2018 14,650  
Origination Year 2017 39,650  
Amortized cost basis 120,119  
Credit risk concentration | Healthcare | Substandard    
Loans and Investments    
Origination Year 2018 26,850  
Amortized cost basis 26,850  
Credit risk concentration | Healthcare | Doubtful    
Loans and Investments    
Origination Year 2017 4,625  
Amortized cost basis 4,625  
Credit risk concentration | Student Housing    
Loans and Investments    
Origination Year 2021 25,700  
Origination Year 2020 23,500  
Origination Year 2019 31,100  
Origination Year 2018 13,000  
Origination Year 2017 24,050  
Amortized cost basis $ 117,350  
Percentage of Portfolio 2.00%  
Wtd. Avg. First Dollar LTV Ratio (as percent) 15.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 74.00%  
Credit risk concentration | Student Housing | Pass    
Loans and Investments    
Origination Year 2021 $ 25,700  
Amortized cost basis 25,700  
Credit risk concentration | Student Housing | Pass/Watch    
Loans and Investments    
Origination Year 2019 31,100  
Amortized cost basis 31,100  
Credit risk concentration | Student Housing | Special Mention    
Loans and Investments    
Amortized cost basis 26,600  
Credit risk concentration | Student Housing | Substandard    
Loans and Investments    
Origination Year 2020 23,500  
Origination Year 2018 13,000  
Origination Year 2017 24,050  
Amortized cost basis 60,550  
Credit risk concentration | Office    
Loans and Investments    
Origination Year 2020 35,410  
Origination Year 2018 42,799  
Origination Year 2017 43,151  
Origination Year Prior 10,516  
Amortized cost basis $ 131,876  
Percentage of Portfolio 2.00%  
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 82.00%  
Credit risk concentration | Office | Special Mention    
Loans and Investments    
Origination Year 2020 $ 35,410  
Origination Year 2018 42,799  
Origination Year 2017 43,151  
Origination Year Prior 9,636  
Amortized cost basis 130,996  
Credit risk concentration | Office | Doubtful    
Loans and Investments    
Origination Year Prior 880  
Amortized cost basis 880  
Credit risk concentration | Retail    
Loans and Investments    
Origination Year 2019 4,000  
Origination Year 2018 26,600  
Origination Year Prior 3,445  
Amortized cost basis $ 34,045  
Percentage of Portfolio 1.00%  
Wtd. Avg. First Dollar LTV Ratio (as percent) 9.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 72.00%  
Credit risk concentration | Retail | Pass    
Loans and Investments    
Origination Year 2019 $ 4,000  
Amortized cost basis 4,000  
Credit risk concentration | Retail | Special Mention    
Loans and Investments    
Origination Year 2018 26,600  
Credit risk concentration | Retail | Substandard    
Loans and Investments    
Origination Year Prior 3,445  
Amortized cost basis 3,445  
Credit risk concentration | Single-Family Rental    
Loans and Investments    
Origination Year 2021 118,133  
Origination Year 2020 62,757  
Origination Year 2019 40,055  
Amortized cost basis $ 220,945  
Percentage of Portfolio 3.00%  
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 63.00%  
Credit risk concentration | Single-Family Rental | Pass    
Loans and Investments    
Origination Year 2021 $ 37,023  
Origination Year 2020 8,375  
Origination Year 2019 31,812  
Amortized cost basis 77,210  
Credit risk concentration | Single-Family Rental | Pass/Watch    
Loans and Investments    
Origination Year 2021 78,882  
Origination Year 2020 47,650  
Origination Year 2019 8,243  
Amortized cost basis 134,775  
Credit risk concentration | Single-Family Rental | Special Mention    
Loans and Investments    
Origination Year 2021 2,228  
Origination Year 2020 6,732  
Amortized cost basis 8,960  
Credit risk concentration | Hotel    
Loans and Investments    
Origination Year 2020 26,000  
Origination Year 2019 41,000  
Amortized cost basis $ 67,000  
Percentage of Portfolio 1.00%  
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 85.00%  
Credit risk concentration | Hotel | Pass/Watch    
Loans and Investments    
Origination Year 2020 $ 26,000  
Amortized cost basis 26  
Credit risk concentration | Hotel | Special Mention    
Loans and Investments    
Origination Year 2019 41,000  
Amortized cost basis 41,000  
Credit risk concentration | Other    
Loans and Investments    
Origination Year 2017 13,580  
Origination Year Prior 1,700  
Amortized cost basis $ 15,280  
Percentage of Portfolio 1.00%  
Wtd. Avg. First Dollar LTV Ratio (as percent) 7.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 53.00%  
Credit risk concentration | Other | Pass    
Loans and Investments    
Origination Year 2017 $ 13,580  
Amortized cost basis 13,580  
Credit risk concentration | Other | Doubtful    
Loans and Investments    
Amortized cost basis $ 1,700