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Agreements and Transactions with Related Parties - Other Related Party (Details)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
May 30, 2023
USD ($)
extension
Mar. 31, 2024
USD ($)
entity
shares
Jun. 30, 2023
Mar. 31, 2023
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
property
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
loan
property
Dec. 31, 2017
USD ($)
Dec. 31, 2015
USD ($)
Nov. 30, 2023
USD ($)
May 31, 2023
USD ($)
officer
Apr. 30, 2023
USD ($)
Agreements and Transactions with Related Parties                              
Due from related party   $ 104,365     $ 64,421                    
Due to related party   14,159     $ 13,799                    
Interest income   321,292   $ 327,947                      
Investment made   313,557   380,633                      
Servicing revenue   $ 48,157   44,981                      
Indirect ownership percentage   12.30%     12.30%                    
Arbor Residential Investor LLC                              
Agreements and Transactions with Related Parties                              
Indirect ownership percentage   9.20%     9.20%                    
Lexford Portfolio                              
Agreements and Transactions with Related Parties                              
Distribution received       4,700                      
AMAC Holdings III LLC                              
Agreements and Transactions with Related Parties                              
Gain (loss) on investments   $ (500)   (400)                      
Distribution received       600                      
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 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                              
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                              
Reimbursement for flights chartered by the company's executives   300   200                      
Related Party | Other Related Party Transactions | AMAC III                              
Agreements and Transactions with Related Parties                              
Interest income   800   700                      
Amount invested   $ 25,900             $ 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   $ 1,600   900                      
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                          
OP units hold as part of acquisition (in shares) | shares   10,615,085                          
Aggregate percentage of voting power held by related party   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                      
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 | 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                          
Related Party | Mezzanine Loans | Single-Family Rental | Other Related Party Transactions                              
Agreements and Transactions with Related Parties                              
Interest income   100   100                      
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   37,000                          
Investment made               $ 3,500              
Loan committed upsized                         $ 39,900   $ 38,800
Related Party | Bridge loans | Maturity Date December 2025                              
Agreements and Transactions with Related Parties                              
Interest income   300                          
Related Party | Bridge loans | Maturity Date December 2025 | Other Related Party Transactions                              
Agreements and Transactions with Related Parties                              
Principal amount                           $ 56,900  
Loan committed $ 14,900                            
Number of officers making minority equity investments | officer                           2  
Equity investment                           $ 500  
Equity participation interest (as a percentage)                           4.00%  
Number of extension options | extension 2                            
Length of extension option                           6 months  
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   200   0                      
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   6,500                          
Interest income   300   100                      
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                  
Loan committed   6,500                          
Interest income   100                          
Related Party | Bridge loans | Maturity date of May 2025 | SOFR | Other Related Party Transactions                              
Agreements and Transactions with Related Parties                              
Equity participation interest (as a percentage)           2.25%                  
Base spread, percentage           4.63%                  
SOFR floor, percentage           0.25%                  
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                      
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   12,700                          
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                              
Equity participation interest (as a percentage)           2.25%                  
Base spread, percentage           4.00%                  
SOFR floor, percentage           0.25%                  
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       1,400                      
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               5.25%              
SOFR floor, percentage               1.00%              
Amount invested   36,700                          
Related Party | Bridge loans | Matures in April 2023 | Other Related Party Transactions                              
Agreements and Transactions with Related Parties                              
Interest income   1,100   700                      
Related Party | Bridge loans | Maturity Date July 2023                              
Agreements and Transactions with Related Parties                              
Principal amount   35,000                          
Related Party | Bridge loans | Maturity date of August 2023 | Other Related Party Transactions                              
Agreements and Transactions with Related Parties                              
Interest income   600   500                      
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       4,700                      
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          
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 | 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 | 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              
Percentage of ownership interest of related party in the entity               50.00%              
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   $ 500,000                          
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%                          
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%                          
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 | 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 September 2019 | Other Related Party Transactions                              
Agreements and Transactions with Related Parties                              
Interest income   $ 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   $ 1,000                          
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               4.75%              
Interest income       500                      
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                          
Director | Fannie Mae Mortgage | Other Related Party Transactions                              
Agreements and Transactions with Related Parties                              
Servicing revenue       $ 100                      
Loan purchased a multifamily apartment complex which assumed                     $ 8,300        
Percentage of ownership after transaction   3.60%                          
Director | Ginkgo Investment Company LLC | Other Related Party Transactions                              
Agreements and Transactions with Related Parties                              
Percentage of managing member                     33.00%