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Loans and Investments - Risk Ratings and LTV Ratios (Details) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Loans and Investments    
Loans and investments, gross $ 13,491,607 $ 14,456,123
Percentage of Portfolio 100.00% 100.00%
Wtd. Avg. First Dollar LTV Ratio (as percent) 1.00% 1.00%
Wtd. Avg. Last Dollar LTV Ratio (as percent) 76.00% 76.00%
Credit risk concentration    
Loans and Investments    
Origination Year 2023 $ 796,994  
Origination Year 2022 5,147,147  
Origination year 2021 6,412,410  
Origination Year 2020 496,195  
Origination Year 2019 340,919  
Origination Year Prior 297,942  
Loans and investments, gross $ 13,491,607  
Wtd. Avg. First Dollar LTV Ratio (as percent) 1.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 76.00%  
Multifamily | Credit risk concentration    
Loans and Investments    
Origination Year 2023 $ 701,371  
Origination Year 2022 4,673,021  
Origination year 2021 6,067,561  
Origination Year 2020 353,795  
Origination Year 2019 264,885  
Origination Year Prior 101,644  
Loans and investments, gross $ 12,162,277  
Percentage of Portfolio 90.00%  
Wtd. Avg. First Dollar LTV Ratio (as percent) 1.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 77.00%  
Multifamily | Pass | Credit risk concentration    
Loans and Investments    
Origination Year 2023 $ 208,351  
Origination Year 2022 191,850  
Origination year 2021 249,714  
Origination Year 2020 11,000  
Origination Year Prior 20,300  
Loans and investments, gross 681,215  
Multifamily | Pass/Watch | Credit risk concentration    
Loans and Investments    
Origination Year 2023 493,020  
Origination Year 2022 2,685,299  
Origination year 2021 2,741,640  
Origination Year 2020 121,870  
Origination Year 2019 93,235  
Origination Year Prior 7,194  
Loans and investments, gross 6,142,258  
Multifamily | Special Mention | Credit risk concentration    
Loans and Investments    
Origination Year 2022 1,624,051  
Origination year 2021 2,835,865  
Origination Year 2020 196,825  
Origination Year 2019 161,885  
Origination Year Prior 21,700  
Loans and investments, gross 4,840,326  
Multifamily | Substandard | Credit risk concentration    
Loans and Investments    
Origination Year 2022 171,821  
Origination year 2021 237,737  
Origination Year 2020 24,100  
Origination Year 2019 0  
Origination Year Prior 52,450  
Loans and investments, gross 486,108  
Multifamily | Doubtful | Credit risk concentration    
Loans and Investments    
Origination year 2021 2,605  
Origination Year 2019 9,765  
Loans and investments, gross 12,370  
Single-Family Rental | Credit risk concentration    
Loans and Investments    
Origination Year 2023 95,623  
Origination Year 2022 474,126  
Origination year 2021 344,849  
Origination Year 2020 98,890  
Origination Year 2019 20,965  
Loans and investments, gross $ 1,034,453  
Percentage of Portfolio 8.00%  
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 63.00%  
Single-Family Rental | Pass | Credit risk concentration    
Loans and Investments    
Origination year 2021 $ 1,330  
Origination Year 2020 0  
Loans and investments, gross 1,330  
Single-Family Rental | Pass/Watch | Credit risk concentration    
Loans and Investments    
Origination Year 2023 95,623  
Origination Year 2022 451,728  
Origination year 2021 305,484  
Origination Year 2020 68,625  
Origination Year 2019 20,965  
Loans and investments, gross 942,425  
Single-Family Rental | Special Mention | Credit risk concentration    
Loans and Investments    
Origination Year 2022 22,398  
Origination year 2021 38,035  
Origination Year 2020 30,265  
Loans and investments, gross 90,698  
Land | Credit risk concentration    
Loans and Investments    
Origination Year 2020 8,100  
Origination Year Prior 127,928  
Loans and investments, gross $ 136,028  
Percentage of Portfolio 1.00%  
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 98.00%  
Land | Pass/Watch | Credit risk concentration    
Loans and Investments    
Origination Year 2020 $ 4,600  
Loans and investments, gross 4,600  
Land | Special Mention | Credit risk concentration    
Loans and Investments    
Origination Year 2020 3,500  
Loans and investments, gross 3,500  
Land | Substandard | Credit risk concentration    
Loans and Investments    
Origination Year Prior 127,928  
Loans and investments, gross 127,928  
Office | Credit risk concentration    
Loans and Investments    
Origination Year 2020 35,410  
Origination Year Prior 44,625  
Loans and investments, gross $ 80,035  
Percentage of Portfolio 1.00%  
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 91.00%  
Office | Pass/Watch | Credit risk concentration    
Loans and Investments    
Origination Year 2020 $ 35,410  
Loans and investments, gross 35,410  
Office | Substandard | Credit risk concentration    
Loans and Investments    
Origination Year Prior 44,625  
Loans and investments, gross 44,625  
Healthcare | Credit risk concentration    
Loans and Investments    
Origination Year 2019 51,069  
Loans and investments, gross $ 51,069  
Percentage of Portfolio 1.00%  
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 69.00%  
Healthcare | Pass/Watch | Credit risk concentration    
Loans and Investments    
Origination Year 2019 $ 51,069  
Loans and investments, gross 51,069  
Retail | Credit risk concentration    
Loans and Investments    
Origination Year 2019 4,000  
Origination Year Prior 22,045  
Loans and investments, gross $ 26,045  
Wtd. Avg. First Dollar LTV Ratio (as percent) 11.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 72.00%  
Retail | Pass | Credit risk concentration    
Loans and Investments    
Origination Year 2019 $ 4,000  
Loans and investments, gross 4,000  
Retail | Special Mention | Credit risk concentration    
Loans and Investments    
Origination Year Prior 3,445  
Loans and investments, gross 3,445  
Retail | Substandard | Credit risk concentration    
Loans and Investments    
Origination Year Prior 18,600  
Loans and investments, gross $ 18,600  
Other    
Loans and Investments    
Percentage of Portfolio 1.00%  
Other | Credit risk concentration    
Loans and Investments    
Origination Year Prior $ 1,700  
Loans and investments, gross $ 1,700  
Percentage of Portfolio 1.00%  
Wtd. Avg. First Dollar LTV Ratio (as percent) 63.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 63.00%  
Other | Doubtful | Credit risk concentration    
Loans and Investments    
Origination Year Prior $ 1,700  
Loans and investments, gross $ 1,700