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Loans and Investments - Summary of impaired loans (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2023
USD ($)
item
Dec. 31, 2022
USD ($)
item
Loans and Investments    
UPB $ 427,929 $ 157,960
Carrying Value 404,896 147,131
Allowance for Credit Losses $ 120,611 $ 85,386
Wtd. Avg. First Dollar LTV Ratio 0 0.03
Wtd. Avg. Last Dollar LTV Ratio 0.99 0.96
Number of impaired loans (less unearned revenue and other holdbacks and adjustments) by asset class | item 19 7
Multifamily    
Loans and Investments    
UPB $ 272,493  
Carrying Value 260,291  
Allowance for Credit Losses $ 37,750  
Wtd. Avg. First Dollar LTV Ratio 0  
Wtd. Avg. Last Dollar LTV Ratio 1  
Land    
Loans and Investments    
UPB $ 134,215 $ 134,215
Carrying Value 127,868 127,868
Allowance for Credit Losses $ 77,869 $ 77,869
Wtd. Avg. First Dollar LTV Ratio 0 0
Wtd. Avg. Last Dollar LTV Ratio 0.99 0.99
Retail    
Loans and Investments    
UPB $ 19,521 $ 22,045
Carrying Value 15,037 17,563
Allowance for Credit Losses $ 3,292 $ 5,817
Wtd. Avg. First Dollar LTV Ratio 0 0.14
Wtd. Avg. Last Dollar LTV Ratio 0.88 0.79
Commercial    
Loans and Investments    
UPB $ 1,700 $ 1,700
Carrying Value 1,700 1,700
Allowance for Credit Losses $ 1,700 $ 1,700
Wtd. Avg. First Dollar LTV Ratio 0.63 0.63
Wtd. Avg. Last Dollar LTV Ratio 0.66 0.63