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Debt Obligations - Credit and Repurchase Facilities (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Debt Obligations    
UPB $ 3,856,009 $ 4,493,699
Collateral Carrying Value 5,185,293 $ 5,585,460
Maximum borrowing capacity $ 200,000  
Extension of maturity date (in years) 1 year  
Weighted Average Note Rate (as a percent) 6.54% 2.21%
Debt Carrying Value $ 3,841,814 $ 4,481,579
Minimum    
Debt Obligations    
Advance rate (as a percent) 75.00%  
Maximum    
Debt Obligations    
Advance rate (as a percent) 85.00%  
$200 million repurchase facility. | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]    
Debt Obligations    
Decrease in interest rate (as a percent) 2.55%  
Joint Repurchase Facility    
Debt Obligations    
Maximum borrowing capacity $ 3,000,000  
Additional borrowing capacity $ 150,000  
Extension of maturity date (in years) 1 year  
Joint Repurchase Facility | Private Label [Member]    
Debt Obligations    
Advance rate (as a percent) 80.00%  
Joint Repurchase Facility | London Interbank Offered Rate (LIBOR) [Member]    
Debt Obligations    
Variable rate, spread (as a percent) 7.00%  
Structured Business    
Debt Obligations    
UPB $ 3,549,694 3,533,016
Collateral Carrying Value 4,845,753 4,548,653
Unamortized deferred financing fees 13,300 $ 7,700
Maximum borrowing capacity $ 1,000  
Weighted average note rate including certain fees and costs (as a percent) 6.95% 2.51%
Leverage on loans and investment portfolio financed through credit facilities and repurchase agreements, excluding securities repurchase facility, working capital line of credit and security agreement used to finance leasehold and capital expenditure improvements at corporate office (as a percent) 73.00% 77.00%
Weighted Average Note Rate (as a percent) 6.59% 2.34%
Debt Carrying Value $ 3,536,371 $ 3,525,307
Structured Business | B Piece bonds    
Debt Obligations    
Value of portfolio loans and cash as collateral 33,100 47,600
Structured Business | Bridge loans    
Debt Obligations    
Maximum borrowing capacity $ 450,000  
Maturity period (in years) 3 years  
Maturity period extension (in years) 1 year  
Structured Business | Minimum | Multifamily | Bridge loans | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]    
Debt Obligations    
Variable rate, spread (as a percent) 1.75%  
Structured Business | Minimum | Non-multifamily | Bridge loans | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]    
Debt Obligations    
Variable rate, spread (as a percent) 2.00%  
Structured Business | Maximum | Multifamily | Bridge loans | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]    
Debt Obligations    
Variable rate, spread (as a percent) 2.25%  
Structured Business | Maximum | Non-multifamily | Bridge loans | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]    
Debt Obligations    
Variable rate, spread (as a percent) 2.75%  
Structured Business | $2.5B joint repurchase facility    
Debt Obligations    
UPB $ 1,524,831 1,490,434
Collateral Carrying Value 2,099,447 $ 1,877,930
Maximum borrowing capacity $ 2,500,000  
Weighted Average Note Rate (as a percent) 6.73% 2.56%
Debt Carrying Value $ 1,516,657 $ 1,486,380
Structured Business | $1B repurchase facility    
Debt Obligations    
UPB 499,891 676,608
Collateral Carrying Value 703,740 $ 937,880
Maximum borrowing capacity $ 1,000,000  
Weighted Average Note Rate (as a percent) 6.39% 2.04%
Debt Carrying Value $ 498,666 $ 675,415
Structured Business | $1B repurchase facility | London Interbank Offered Rate (LIBOR) [Member]    
Debt Obligations    
Decrease in interest rate (as a percent) 0.20%  
Advance rate (as a percent) 75.00%  
Structured Business | $1B repurchase facility | Minimum | London Interbank Offered Rate (LIBOR) [Member]    
Debt Obligations    
Line of Credit Facility, Interest Rate at Period End 2.00%  
Structured Business | $1B repurchase facility | Maximum | London Interbank Offered Rate (LIBOR) [Member]    
Debt Obligations    
Variable rate, spread (as a percent) 2.25%  
Structured Business | $500M repurchase facility    
Debt Obligations    
UPB $ 155,121  
Collateral Carrying Value 188,563  
Maximum borrowing capacity $ 500,000  
Weighted Average Note Rate (as a percent) 7.16%  
Debt Carrying Value $ 154,653  
Structured Business | $500M repurchase facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]    
Debt Obligations    
Variable rate, spread (as a percent) 2.36%  
Structured Business | $500M repurchase facility | Minimum    
Debt Obligations    
Variable rate, spread (as a percent) 2.76%  
Structured Business | $500M repurchase facility | Minimum | Multi Family    
Debt Obligations    
Variable rate, spread (as a percent) 3.26%  
Structured Business | $499M repurchase facility    
Debt Obligations    
UPB $ 351,056 242,034
Collateral Carrying Value 504,506 $ 289,956
Maximum borrowing capacity $ 499,000  
Weighted Average Note Rate (as a percent) 6.64% 3.04%
Debt Carrying Value $ 351,056 $ 241,450
Structured Business | $450M repurchase facility    
Debt Obligations    
UPB 344,576 397,842
Collateral Carrying Value $ 450,736 $ 511,269
Weighted Average Note Rate (as a percent) 6.36% 1.89%
Debt Carrying Value $ 344,237 $ 397,272
Structured Business | $450M repurchase facility    
Debt Obligations    
UPB 187,428 294,145
Collateral Carrying Value $ 239,678 $ 385,337
Weighted Average Note Rate (as a percent) 6.18% 1.76%
Debt Carrying Value $ 186,639 $ 293,700
Structured Business | $450M repurchase facility    
Debt Obligations    
Maximum borrowing capacity 450,000  
Structured Business | $400M credit facility    
Debt Obligations    
UPB 33,246 177,599
Collateral Carrying Value 43,238 $ 236,538
Maximum borrowing capacity $ 400,000  
Weighted Average Note Rate (as a percent) 6.25% 1.70%
Debt Carrying Value $ 33,221 $ 177,406
Structured Business | $225M credit facility    
Debt Obligations    
UPB 47,398 28,213
Collateral Carrying Value 81,119 $ 42,270
Maximum borrowing capacity $ 225,000  
Weighted Average Note Rate (as a percent) 6.90% 2.79%
Debt Carrying Value $ 47,398 $ 27,826
Structured Business | $225M credit facility | London Interbank Offered Rate (LIBOR) [Member]    
Debt Obligations    
Variable rate, spread (as a percent) 2.55%  
Structured Business | $200M credit facility    
Debt Obligations    
Maximum borrowing capacity $ 200,000  
Structured Business | $200M credit facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | Multi Family    
Debt Obligations    
Variable rate, spread (as a percent) 1.75%  
Structured Business | $200M credit facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | Independent living facilities    
Debt Obligations    
Variable rate, spread (as a percent) 3.50%  
Structured Business | $200M credit facility | London Interbank Offered Rate (LIBOR) [Member]    
Debt Obligations    
Variable rate, spread (as a percent) 1.46%  
Structured Business | $156M loan specific credit facilities    
Debt Obligations    
UPB $ 156,543 153,937
Collateral Carrying Value 225,805 $ 214,300
Maximum borrowing capacity $ 156,000  
Weighted Average Note Rate (as a percent) 6.42% 3.14%
Debt Carrying Value $ 156,107 $ 153,727
Structured Business | $50M credit facility    
Debt Obligations    
UPB 29,200 29,200
Collateral Carrying Value 36,500 $ 36,500
Maximum borrowing capacity $ 50,000  
Weighted Average Note Rate (as a percent) 6.48% 2.13%
Debt Carrying Value $ 29,194 $ 29,194
Structured Business | $50M credit facility | London Interbank Offered Rate (LIBOR) [Member]    
Debt Obligations    
Variable rate, spread (as a percent) 2.10%  
Structured Business | $35M working capital facility    
Debt Obligations    
Maximum borrowing capacity $ 35,000  
Structured Business | $35M working capital facility | London Interbank Offered Rate (LIBOR) [Member]    
Debt Obligations    
Variable rate, spread (as a percent) 3.00%  
Structured Business | $25M credit facility    
Debt Obligations    
UPB $ 19,177 1,235
Collateral Carrying Value 24,572 $ 1,900
Maximum borrowing capacity $ 25,000  
Weighted Average Note Rate (as a percent) 6.99% 4.06%
Debt Carrying Value $ 18,701 $ 1,235
Structured Business | $25M credit facility | London Interbank Offered Rate (LIBOR) [Member]    
Debt Obligations    
Variable rate, spread (as a percent) 2.60%  
Structured Business | $25M credit facility.    
Debt Obligations    
UPB   10,285
Collateral Carrying Value   $ 14,773
Maximum borrowing capacity $ 25,000  
Weighted Average Note Rate (as a percent)   2.38%
Debt Carrying Value   $ 10,218
Structured Business | $25M credit facility. | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]    
Debt Obligations    
Variable rate, spread (as a percent) 2.35%  
Structured Business | $1M master security agreement    
Debt Obligations    
UPB   $ 635
Maximum borrowing capacity $ 1,000  
Weighted Average Note Rate (as a percent)   4.01%
Debt Carrying Value   $ 635
Structured Business | Repurchase facility - securities    
Debt Obligations    
UPB $ 12,832 $ 30,849
Weighted Average Note Rate (as a percent) 6.99% 3.40%
Debt Carrying Value $ 12,832 $ 30,849
Structured Business | $150M credit facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]    
Debt Obligations    
Maximum borrowing capacity $ 150,000  
Variable rate, spread (as a percent) 1.46%  
Additional borrowing capacity $ 50,000  
Decrease in interest rate (as a percent) 1.86%  
Structured Business | $200 million repurchase facility.    
Debt Obligations    
UPB $ 33,155  
Collateral Carrying Value $ 47,750  
Weighted Average Note Rate (as a percent) 6.95%  
Debt Carrying Value $ 32,494  
Structured Business | $400M repurchase facility    
Debt Obligations    
Maximum borrowing capacity 400,000  
Structured Business | $400M repurchase facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]    
Debt Obligations    
Additional borrowing capacity $ 25,000  
Structured Business | $400M repurchase facility | Minimum | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]    
Debt Obligations    
Variable rate, spread (as a percent) 1.86%  
Structured Business | $400M repurchase facility | Maximum | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]    
Debt Obligations    
Variable rate, spread (as a percent) 2.56%  
Structured Business | $200M credit facility    
Debt Obligations    
UPB $ 155,240  
Collateral Carrying Value 200,099  
Maximum borrowing capacity $ 450,000  
Weighted Average Note Rate (as a percent) 6.33%  
Debt Carrying Value $ 154,516  
Structured Business | Loan Specific Credit Facility $156.5 Million    
Debt Obligations    
Maximum borrowing capacity $ 156,500  
Structured Business | Loan Specific Credit Facility $156.5 Million | Prime Rate    
Debt Obligations    
Fixed interest rate (as a percent) 3.25%  
Structured Business | Loan Specific Credit Facility $156.5 Million | Minimum    
Debt Obligations    
Fixed interest rate (as a percent) 2.20%  
Structured Business | Loan Specific Credit Facility $156.5 Million | Minimum | London Interbank Offered Rate (LIBOR) [Member]    
Debt Obligations    
Variable rate, spread (as a percent) 2.20%  
Structured Business | Loan Specific Credit Facility $156.5 Million | Maximum    
Debt Obligations    
Fixed interest rate (as a percent) 3.00%  
Structured Business | Loan Specific Credit Facility $156.5 Million | Maximum | London Interbank Offered Rate (LIBOR) [Member]    
Debt Obligations    
Variable rate, spread (as a percent) 3.375%  
Agency Business    
Debt Obligations    
UPB $ 306,315 960,683
Collateral Carrying Value 339,540 1,036,807
Unamortized deferred financing fees $ 900 $ 4,400
Weighted Average Note Rate (as a percent) 5.96% 1.75%
Debt Carrying Value $ 305,443 $ 956,272
Agency Business | Federal Home Loan Mortgage Corporation Certificates and Obligations (FHLMC) [Member]    
Debt Obligations    
Committed amount 5,000  
Agency Business | $500M repurchase facility    
Debt Obligations    
UPB 66,866 236,527
Collateral Carrying Value 66,866 $ 236,527
Maximum borrowing capacity $ 500,000  
Weighted Average Note Rate (as a percent) 5.73% 1.58%
Debt Carrying Value $ 66,778 $ 236,429
Agency Business | $200M credit facility    
Debt Obligations    
UPB 31,519 115,351
Collateral Carrying Value 33,177 $ 115,351
Maximum borrowing capacity $ 200,000  
Weighted Average Note Rate (as a percent) 5.76% 1.60%
Debt Carrying Value $ 31,475 $ 115,304
Agency Business | $50M credit facility    
Debt Obligations    
UPB 14,671 9,295
Collateral Carrying Value 14,671 $ 9,295
Maximum borrowing capacity $ 50,000  
Variable rate, spread (as a percent) 1.35%  
Weighted Average Note Rate (as a percent) 5.65% 1.40%
Debt Carrying Value $ 14,664 $ 9,295
Agency Business | $750M ASAP agreement    
Debt Obligations    
UPB 29,476 182,130
Collateral Carrying Value 30,291 $ 182,140
Maximum borrowing capacity 750,000  
Value of portfolio loans and cash as collateral $ 750,000  
Debt Instrument, Reduced Basis Spread on Variable Rate 1.15%  
Weighted Average Note Rate (as a percent) 5.21% 1.40%
Debt Carrying Value $ 29,476 $ 182,130
Agency Business | $500M joint repurchase facility    
Debt Obligations    
UPB 105,275 399,470
Collateral Carrying Value 135,641 $ 475,360
Maximum borrowing capacity $ 500,000  
Weighted Average Note Rate (as a percent) 6.52% 2.11%
Debt Carrying Value $ 104,629 $ 395,317
Agency Business | $150M credit facility    
Debt Obligations    
UPB 57,974 16,657
Collateral Carrying Value 57,974 $ 16,657
Maximum borrowing capacity $ 150,000  
Weighted Average Note Rate (as a percent) 5.76% 1.51%
Debt Carrying Value $ 57,887 $ 16,544
Agency Business | $1.3M repurchase facility (2)    
Debt Obligations    
UPB 534 1,253
Collateral Carrying Value $ 920 $ 1,477
Weighted Average Note Rate (as a percent) 6.66% 3.00%
Debt Carrying Value $ 534 $ 1,253
Agency Business | $1M repurchase facility    
Debt Obligations    
Maximum borrowing capacity 1,000  
Agency Business | $400M repurchase facility | London Interbank Offered Rate (LIBOR) [Member]    
Debt Obligations    
Maximum borrowing capacity $ 500,000  
Debt Instrument, Reduced Basis Spread on Variable Rate 1.375%  
Agency Business | $75 Million credit facility    
Debt Obligations    
Maximum borrowing capacity $ 75,000  
Fixed interest rate (as a percent) 2.875%