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Agreements and Transactions with Related Parties - Other Related Party (Details)
$ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Jul. 01, 2023
May 30, 2023
USD ($)
Apr. 30, 2023
USD ($)
Jul. 31, 2022
USD ($)
Apr. 30, 2022
USD ($)
Feb. 28, 2022
USD ($)
Sep. 30, 2023
USD ($)
entity
shares
Jun. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Sep. 30, 2023
USD ($)
entity
shares
Sep. 30, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
property
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
loan
property
Dec. 31, 2017
USD ($)
loan
property
Dec. 31, 2016
USD ($)
property
Dec. 31, 2015
USD ($)
May 31, 2023
USD ($)
officer
Dec. 31, 2022
USD ($)
Jun. 30, 2022
USD ($)
Agreements and Transactions with Related Parties                                          
Interest income             $ 336,474   $ 259,778 $ 1,000,159 $ 627,804                    
Investment made                   1,061,865 5,418,113                    
Loans and investments, allowance for credit losses             184,069 $ 169,054 122,296 184,069 122,296 $ 113,241               $ 132,559 $ 121,331
Servicing revenue             51,363   37,526 $ 144,296 109,045                    
Indirect ownership percentage                   9.20%                      
Arbor Residential Investor LLC                                          
Agreements and Transactions with Related Parties                                          
Indirect ownership percentage                   12.30%                      
Lexford Portfolio                                          
Agreements and Transactions with Related Parties                                          
Distribution received                 5,000 $ 7,200 11,000                    
AMAC Holdings III LLC                                          
Agreements and Transactions with Related Parties                                          
Gain (loss) on investments             (700)   (700) (1,600) (1,800)                    
Distribution received                 200 1,100 400                    
Other Related Party Transactions | Arbor Residential Investor LLC                                          
Agreements and Transactions with Related Parties                                          
Distribution from investment classified as return capital             7,500   7,300 15,000 22,300                    
Multifamily                                          
Agreements and Transactions with Related Parties                                          
Loans and investments, allowance for credit losses             89,179 74,295 27,283 89,179 27,283 18,707               37,961 27,958
Single-Family Rental                                          
Agreements and Transactions with Related Parties                                          
Loans and investments, allowance for credit losses             1,239 $ 1,077 2,051 1,239 2,051 320               781 $ 725
Maturity date of March 2025 | SOFR | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Base spread, percentage       5.50%                                  
Bridge loans                                          
Agreements and Transactions with Related Parties                                          
Variable rate, spread               3.40%                          
Bridge loans | Matures In May 2025 | SOFR | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Base spread, percentage     5.25%                                    
SOFR floor, percentage     1.00%                                    
Bridge loan, six multifamily properties | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
UPB converted to a mezzanine loan                           $ 2,000              
Related Party                                          
Agreements and Transactions with Related Parties                                          
Due from related party             211,655     211,655                   77,419  
Due to related party             2,170     2,170                   12,350  
Amount invested                       $ 4,200                  
Related Party | LLC                                          
Agreements and Transactions with Related Parties                                          
Ownership interest, percentage                       49.30%                  
Related Party | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Due from related party             211,700     211,700                   77,400  
Due to related party             2,200     2,200                   12,400  
Related Party | Other Related Party Transactions | AMAC III                                          
Agreements and Transactions with Related Parties                                          
Interest income             800   500 2,300 1,200                    
Amount invested             25,200     $ 25,200       $ 30,000              
Ownership interest, percentage                           18.00%              
Related Party | Other Related Party Transactions | Lexford Portfolio                                          
Agreements and Transactions with Related Parties                                          
Management fee, percentage of gross revenues of underlying properties                   4.75%                      
Related Party | Commercial Mortgage Backed Security                                          
Agreements and Transactions with Related Parties                                          
Loans assumed                       $ 26,000                  
Related Party | Residential mortgage banking business | Other Related Party Transactions | ACM                                          
Agreements and Transactions with Related Parties                                          
Noncontrolling interest in equity method investment acquired (as a percent)                                   50.00%      
Related Party | Residential mortgage banking business | Other Related Party Transactions | Noncontrolling Interest                                          
Agreements and Transactions with Related Parties                                          
Gain (loss) on investments             $ (1,300)   300 $ 1,300 6,400                    
Indirect ownership percentage                   12.30%                      
Related Party | Residential mortgage banking business | Other Related Party Transactions | ACM                                          
Agreements and Transactions with Related Parties                                          
Acquisition purchase price                                   $ 9,600      
Related Party | ACM Acquisition | Other Related Party Transactions | ACM                                          
Agreements and Transactions with Related Parties                                          
Number of shares held by related party (in shares) | shares             2,535,870     2,535,870                      
OP units hold as part of acquisition (in shares) | shares                   10,615,085                      
Aggregate percentage of voting power held by related party             6.40%     6.40%                      
Related Party | Multifamily | Fannie Mae Mortgage | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Principal amount                               $ 46,900          
Percentage of ownership interest of related party in the entity                               17.60%          
Percentage of maximum loss-sharing obligation unpaid principal balance                               5.00%          
Servicing revenue             $ 100   100 $ 100 100                    
Related Party | Retail property                                          
Agreements and Transactions with Related Parties                                          
Property purchased                       32,500                  
Related Party | Maturity Date April 2030 | Multifamily | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Number of properties owned | property                         2                
Related Party | Maturity date of August 2023 | One multifamily property | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Principal amount                         $ 35,400                
Related Party | Maturity date of March 2030 | Private Label | Other Related Party Transactions | Lexford Portfolio                                          
Agreements and Transactions with Related Parties                                          
Principal amount                         34,600                
Related Party | Preferred equity investments                                          
Agreements and Transactions with Related Parties                                          
Loans and investments, allowance for credit losses             8,000     8,000                   $ 8,000  
Related Party | Preferred equity investments | Single-Family Rental | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Investment made                         $ 4,600                
Related Party | Preferred equity investments | Matures in April 2023 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Fixed rate of interest                         12.00%                
Related Party | Preferred equity investments | Maturity Date April 2030 | Multifamily | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Equity investment                         $ 3,400                
Related Party | Preferred equity investments | Maturity Date June 2027                                          
Agreements and Transactions with Related Parties                                          
Equity investment             10,000     10,000                      
Related Party | Mezzanine Loans | Maturity Date April 2030 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Fixed rate of interest                         9.00%                
Related Party | Bridge loans | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Equity participation interest (as a percentage)                         18.90%                
Related Party | Bridge loans | Single-Family Rental | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Loan committed                   24,500                      
Investment made                         $ 3,500                
Loan committed upsized     $ 38,400                                    
Related Party | Bridge loans | Maturity Date December 2025                                          
Agreements and Transactions with Related Parties                                          
Interest income             100     200                      
Related Party | Bridge loans | Maturity Date December 2025 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Principal amount                                     $ 56,900    
Loan committed   $ 3,800                                      
Number of officers making minority equity investments | officer                                     2    
Equity investment                                     $ 500    
Equity participation interest (as a percentage)                                     4.00%    
Related Party | Bridge loans | Maturity Date December 2025 | SOFR | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Base spread, percentage                                     5.50%    
SOFR floor, percentage   3.25%                                      
Related Party | Bridge loans | Maturity date of March 2025                                          
Agreements and Transactions with Related Parties                                          
Interest income             100     100                      
Related Party | Bridge loans | Maturity date of March 2025 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Principal amount       $ 46,200                                  
Loan committed                   3,500                      
Related Party | Bridge loans | Maturity date of March 2025 | SOFR | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Equity participation interest (as a percentage)       70.00%                                  
Related Party | Bridge loans | Maturity date of May 2025 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Principal amount         $ 67,100                                
Interest income             100     200                      
Related Party | Bridge loans | Maturity date of May 2025 | SOFR | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Base spread, percentage         4.63%                                
SOFR floor, percentage         0.25%                                
Equity participation interest (as a percentage)         2.25%                                
Related Party | Bridge loans | Maturity date of May 2025 | Single-Family Rental | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Loan committed                         30,500                
Related Party | Bridge loans | Maturity date of May 2025 | Maximum | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Interest income             100   100                        
Related Party | Bridge loans | Maturity date of March 2025, Committed February 2022 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Principal amount           $ 39,400                              
Loan committed                   3,100                      
Interest income             100   100 100 100                    
Related Party | Bridge loans | Maturity date of March 2025, Committed February 2022 | SOFR | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Base spread, percentage 4.00%                                        
SOFR floor, percentage 0.25%                                        
Related Party | Bridge loans | Maturity date of March 2025, Committed February 2022 | London Interbank Offered Rate (LIBOR) 1 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Base spread, percentage           4.00%                              
SOFR floor, percentage           0.25%                              
Equity participation interest (as a percentage)           2.25%                              
Related Party | Bridge loans | Maturity date of March 2024 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Loan committed                       $ 63,400                  
Interest income             1,500   1,000 4,300 2,500                    
Related Party | Bridge loans | Maturity date of March 2024 | SOFR | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Base spread, percentage 3.75%                                        
SOFR floor, percentage 0.25%                                        
Related Party | Bridge loans | Maturity date of March 2024 | London Interbank Offered Rate (LIBOR) 1 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Base spread, percentage                       3.75%                  
SOFR floor, percentage                       0.25%                  
Related Party | Bridge loans | Maturity Date December 2023 | Single-Family Rental | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Loan committed                         $ 32,500                
Related Party | Bridge loans | Matures in May 2023 | London Interbank Offered Rate (LIBOR) 1 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Base spread, percentage                         5.50%                
SOFR floor, percentage                         0.75%                
Amount invested             34,200     34,200                      
Related Party | Bridge loans | Matures in April 2023 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Interest income             1,000   500 2,500 1,000                    
Related Party | Bridge loans | Maturity Date July 2023                                          
Agreements and Transactions with Related Parties                                          
Principal amount             35,000     35,000                      
Related Party | Bridge loans | Maturity date of August 2023 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Interest income             600   400 1,600 1,000                    
Percentage of ownership interest of related party in the entity                             75.00%            
Related Party | Bridge loans | Maturity Date Of June 2021 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Principal amount                             $ 280,500            
Number of bridge loans originated | loan                             12            
Number of multifamily properties renovated | property                             72            
Related Party | Bridge loans | Maturity Date Of June 2021 | Other Related Party Transactions | Lexford Portfolio                                          
Agreements and Transactions with Related Parties                                          
Base spread, percentage                             4.00%            
Distribution received                 5,000 7,200 11,000                    
Paydowns of principal made by borrower                           $ 250,000              
Unsecured financing provided by an unsecured lender to certain parent entities of the property owners             50,000     50,000                      
Related Party | Bridge loan, one multifamily property | Maturity date of August 2023 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Principal amount                             $ 21,700            
Related Party | Bridge loan, one multifamily property | Maturity date of August 2023 | SOFR | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Variable rate, spread 3.50%                                        
Related Party | Bridge loan, one multifamily property | Maturity date of August 2023 | London Interbank Offered Rate (LIBOR) 1 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Variable rate, spread                         3.50%                
Related Party | Bridge loan, several multifamily properties | Maturity date of August 2023 | SOFR | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Base spread, percentage 4.75%                                        
SOFR floor, percentage 0.25%                                        
Related Party | Bridge loan, several multifamily properties | Maturity date of August 2023 | London Interbank Offered Rate (LIBOR) 1 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Base spread, percentage                             4.75%            
SOFR floor, percentage                             0.25%            
Related Party | Bridge loan, two multifamily properties | Maturity Date April 2030 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Principal amount                         $ 14,800                
Interest income             100   100 200 200                    
Percentage of ownership interest of related party in the entity                         50.00%                
Related Party | Bridge loan, two multifamily properties | Maturity date of October 2022 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Principal amount                               $ 28,000          
Base spread, percentage                               1.80%          
Interest income                     800                    
Percentage of ownership interest of related party in the entity                               45.00%          
Number of properties owned | property                               2          
Number of bridge loans originated | loan                               2          
Refinanced loan amount                               $ 31,100          
Related Party | Bridge loan, two multifamily properties | Maturity date of October 2022 | London Interbank Offered Rate (LIBOR) 1 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Base spread, percentage                               4.00%          
Related Party | Bridge loan, two multifamily properties | Maturity date of October 2022 | Minimum | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
SOFR floor, percentage                               1.24%          
Related Party | Bridge loan, two multifamily properties | Maturity date of October 2022 | Maximum | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
SOFR floor, percentage                               1.54%          
Related Party | Bridge loan, two multifamily properties | Maturity date of 2020 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Base spread, percentage                               5.25%          
Related Party | AMAC III | Mezzanine Loans | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Principal amount                           7,000              
Related Party | AMAC III | Bridge loan, one multifamily property | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Principal amount                           $ 34,000              
Related Party | Lexford Portfolio | Maturity date of March 2030 | Private Label | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Fixed rate of interest                         3.30%                
Related Party | Lexford Portfolio | Bridge loans | Maturity date December 2029 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Maximum exposure under guaranty             $ 600,000     600,000                      
Chief executive officer                                          
Agreements and Transactions with Related Parties                                          
Reimbursement for flights chartered by the company's executives                   $ 600 1,000                    
Chief executive officer | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Percentage of our former manager's outstanding membership interest of related party in another related party             35.00%     35.00%                      
Chief executive officer | Minimum | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Ownership percentage limit of our common stock under company charter             5.00%     5.00%                      
Chief executive officer | Mezzanine Loans | Maturity date of January 2024 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Fixed rate of interest                           10.00%              
Chief executive officer | Bridge loan, six multifamily properties | Maturity date of 2019 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Principal amount                                 $ 48,000        
Base spread, percentage                           4.50%              
Number of properties owned | property                                 6        
Proceeds from repayment in full                           $ 10,900   $ 6,800          
Number of bridge loans paid off | loan                             4 1          
Proceeds from repayment of debt                             $ 28,300            
Remaining bridge loan from repayment                           $ 12,900              
Chief executive officer | Bridge loan, six multifamily properties | Maturity date of 2019 | London Interbank Offered Rate (LIBOR) 1 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Base spread, percentage                           0.25%              
Chief executive officer | Bridge loan, six multifamily properties | Maturity date of 2019 | Minimum | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Percentage of ownership interest of related party in the entity                                 10.50%        
Chief executive officer | Bridge loan, six multifamily properties | Maturity date of 2019 | Maximum | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Percentage of ownership interest of related party in the entity                                 12.00%        
Chief executive officer | Bridge loan, six multifamily properties | Maturity date of January 2024 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Interest income             $ 100   100 $ 100 100                    
Immediate Family Member of Management or Principal Owner | LLC                                          
Agreements and Transactions with Related Parties                                          
Percentage of ownership interest of related party in the entity                       10.00%                  
Immediate Family Member of Management or Principal Owner | Maturity date of March 2025 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Percentage of ownership interest of related party in the entity       10.00%                                  
Immediate Family Member of Management or Principal Owner | Maturity Date December 2023 | Preferred equity interest financing agreement | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Interest income             $ 800     $ 2,000 800                    
Immediate Family Member of Management or Principal Owner | Preferred equity investments | Maturity Date December 2023 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Fixed rate of interest                         12.00%                
Immediate Family Member of Management or Principal Owner | Bridge loans | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Equity participation interest (as a percentage)                         21.80%                
Immediate Family Member of Management or Principal Owner | Bridge loans | Maturity Date December 2023 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Base spread, percentage 5.50%                       5.50%                
Interest income                 300                        
Immediate Family Member of Management or Principal Owner | Bridge loans | Maturity Date December 2023 | SOFR | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
SOFR floor, percentage 0.75%                                        
Immediate Family Member of Management or Principal Owner | Bridge loans | Maturity Date December 2023 | London Interbank Offered Rate (LIBOR) 1 | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
SOFR floor, percentage                         0.75%                
Director | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Number of Kaufman Entities | entity             2     2                      
Director | Fannie Mae Mortgage | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Percentage of maximum loss-sharing obligation unpaid principal balance                               20.00%          
Servicing revenue             $ 100   $ 100 $ 100 $ 100                    
Loan purchased a multifamily apartment complex which assumed                               $ 8,300          
Percentage of ownership after transaction                   3.60%                      
Percentage of loan assumption fee                               1.00%          
Director | Ginkgo Investment Company LLC | Other Related Party Transactions                                          
Agreements and Transactions with Related Parties                                          
Percentage of managing member                               33.00%