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Loans and Investments - Risk Ratings and LTV Ratios (Details) - USD ($)
$ in Thousands
 6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Loans and Investments    
Loans and investments, gross $ 11,873,208 $ 12,615,006
Percentage of Portfolio 100.00% 100.00%
Wtd. Avg. First Dollar LTV Ratio (as percent) 2.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 79.00%  
Charge-offs, Year One $ 0 $ 0
Charge-offs, Year Two 0 0
Charge-offs, Year Three 0 0
Charge-offs, Year Four 1,988 0
Charge-offs, Year Five 0 0
Charge-offs, prior years 0 5,700
Charge-offs, Total 1,988 5,700
Credit risk concentration    
Loans and Investments    
Origination Year One 523,476 752,918
Origination Year Two 844,072 5,324,481
Origination Year Three 4,869,591 5,581,489
Origination Year Four 4,906,964 488,628
Origination Year Five 314,172 239,648
Origination, Prior Years 414,933 227,842
Loans and investments, gross $ 11,873,208 $ 12,615,006
Wtd. Avg. First Dollar LTV Ratio (as percent) 2.00% 1.00%
Wtd. Avg. Last Dollar LTV Ratio (as percent) 79.00% 78.00%
Multifamily | Credit risk concentration    
Loans and Investments    
Origination Year One $ 254,674 $ 422,596
Origination Year Two 438,930 4,813,671
Origination Year Three 4,341,951 5,217,946
Origination Year Four 4,596,940 325,426
Origination Year Five 144,676 239,648
Origination, Prior Years 265,785 78,694
Loans and investments, gross $ 10,042,956 $ 11,097,981
Percentage of Portfolio 85.00% 88.00%
Wtd. Avg. First Dollar LTV Ratio (as percent) 2.00% 1.00%
Wtd. Avg. Last Dollar LTV Ratio (as percent) 82.00% 80.00%
Multifamily | Pass | Credit risk concentration    
Loans and Investments    
Origination Year One $ 98,370 $ 80,814
Origination Year Two 90,179 53,316
Origination Year Three 35,366 26,185
Origination Year Four 30,304 2,010
Origination Year Five 2,010 4,598
Origination, Prior Years 24,860 20,300
Loans and investments, gross 281,089 187,223
Multifamily | Pass/Watch | Credit risk concentration    
Loans and Investments    
Origination Year One 137,775 317,358
Origination Year Two 159,636 2,561,938
Origination Year Three 1,762,948 2,223,155
Origination Year Four 1,210,592 119,860
Origination Year Five 119,860 84,600
Origination, Prior Years 114,600 58,044
Loans and investments, gross 3,505,411 5,364,955
Multifamily | Special Mention | Credit risk concentration    
Loans and Investments    
Origination Year One 9,069 24,424
Origination Year Two 167,357 1,762,539
Origination Year Three 2,028,629 2,631,689
Origination Year Four 3,175,684 180,750
Origination Year Five 0 140,685
Origination, Prior Years 116,561 350
Loans and investments, gross 5,497,300 4,740,437
Multifamily | Substandard | Credit risk concentration    
Loans and Investments    
Origination Year One 0 0
Origination Year Two 21,758 435,878
Origination Year Three 515,008 322,987
Origination Year Four 69,300 8,006
Origination Year Five 8,006 0
Origination, Prior Years 0 0
Loans and investments, gross 614,072 766,871
Multifamily | Doubtful | Credit risk concentration    
Loans and Investments    
Origination Year One 9,460 0
Origination Year Two 0 0
Origination Year Three 0 13,930
Origination Year Four 111,060 14,800
Origination Year Five 14,800 9,765
Origination, Prior Years 9,764 0
Loans and investments, gross 145,084 38,495
Single-Family Rental | Credit risk concentration    
Loans and Investments    
Origination Year One 258,452 330,322
Origination Year Two 405,142 510,810
Origination Year Three 527,640 363,543
Origination Year Four 310,024 119,692
Origination Year Five 125,986 0
Origination, Prior Years 0 0
Loans and investments, gross $ 1,627,244 $ 1,324,367
Percentage of Portfolio 14.00% 10.00%
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00% 0.00%
Wtd. Avg. Last Dollar LTV Ratio (as percent) 61.00% 62.00%
Single-Family Rental | Pass | Credit risk concentration    
Loans and Investments    
Origination Year One $ 25,507 $ 9,709
Origination Year Two 19,109 608
Origination Year Three 810 0
Origination Year Four 0 0
Origination Year Five 0 0
Origination, Prior Years 0 0
Loans and investments, gross 45,426 10,317
Single-Family Rental | Pass/Watch | Credit risk concentration    
Loans and Investments    
Origination Year One 227,241 289,482
Origination Year Two 338,968 465,057
Origination Year Three 461,269 144,846
Origination Year Four 146,738 119,692
Origination Year Five 116,364 0
Origination, Prior Years 0 0
Loans and investments, gross 1,290,580 1,019,077
Single-Family Rental | Special Mention | Credit risk concentration    
Loans and Investments    
Origination Year One 5,704 31,131
Origination Year Two 47,065 45,145
Origination Year Three 65,561 218,697
Origination Year Four 163,286 0
Origination Year Five 9,622 0
Origination, Prior Years 0 0
Loans and investments, gross 291,238 294,973
Land | Credit risk concentration    
Loans and Investments    
Origination Year One 10,350 0
Origination Year Two 0 0
Origination Year Three 0 0
Origination Year Four 0 8,100
Origination Year Five 8,100 0
Origination, Prior Years 127,928 127,928
Loans and investments, gross $ 146,378 $ 136,028
Percentage of Portfolio 1.00% 1.00%
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00% 0.00%
Wtd. Avg. Last Dollar LTV Ratio (as percent) 96.00% 97.00%
Land | Pass | Credit risk concentration    
Loans and Investments    
Origination Year One $ 10,350  
Origination Year Two 0  
Origination Year Three 0  
Origination Year Four 0  
Origination Year Five 0  
Origination, Prior Years 0  
Loans and investments, gross 10,350  
Land | Pass/Watch | Credit risk concentration    
Loans and Investments    
Origination Year One 0 $ 0
Origination Year Two 0 0
Origination Year Three 0 0
Origination Year Four 0 4,600
Origination Year Five 8,100 0
Origination, Prior Years 0 0
Loans and investments, gross 8,100 4,600
Land | Special Mention | Credit risk concentration    
Loans and Investments    
Origination Year One   0
Origination Year Two   0
Origination Year Three   0
Origination Year Four   3,500
Origination Year Five   0
Origination, Prior Years   0
Loans and investments, gross   3,500
Land | Substandard | Credit risk concentration    
Loans and Investments    
Origination Year One 0 0
Origination Year Two 0 0
Origination Year Three 0 0
Origination Year Four 0 0
Origination Year Five 0 0
Origination, Prior Years 127,928 127,928
Loans and investments, gross 127,928 127,928
Office | Credit risk concentration    
Loans and Investments    
Origination Year One 0 0
Origination Year Two 0 0
Origination Year Three 0 0
Origination Year Four 0 35,410
Origination Year Five 35,410 0
Origination, Prior Years 0 0
Loans and investments, gross $ 35,410 $ 35,410
Percentage of Portfolio 1.00% 1.00%
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00% 0.00%
Wtd. Avg. Last Dollar LTV Ratio (as percent) 80.00% 80.00%
Office | Special Mention | Credit risk concentration    
Loans and Investments    
Origination Year One $ 0 $ 0
Origination Year Two 0 0
Origination Year Three 0 0
Origination Year Four 0 35,410
Origination Year Five 35,410 0
Origination, Prior Years 0 0
Loans and investments, gross 35,410 35,410
Retail | Credit risk concentration    
Loans and Investments    
Origination Year One 0 0
Origination Year Two 0 0
Origination Year Three 0 0
Origination Year Four 0 0
Origination Year Five 0 0
Origination, Prior Years 19,520 19,520
Loans and investments, gross $ 19,520 $ 19,520
Percentage of Portfolio 1.00% 1.00%
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00% 0.00%
Wtd. Avg. Last Dollar LTV Ratio (as percent) 88.00% 88.00%
Retail | Substandard | Credit risk concentration    
Loans and Investments    
Origination Year One $ 0 $ 0
Origination Year Two 0 0
Origination Year Three 0 0
Origination Year Four 0 0
Origination Year Five 0 0
Origination, Prior Years 19,520 19,520
Loans and investments, gross 19,520 19,520
Commercial | Credit risk concentration    
Loans and Investments    
Origination Year One 0 0
Origination Year Two 0 0
Origination Year Three 0 0
Origination Year Four 0 0
Origination Year Five 0 0
Origination, Prior Years 1,700 1,700
Loans and investments, gross $ 1,700 $ 1,700
Percentage of Portfolio 1.00% 1.00%
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00% 63.00%
Wtd. Avg. Last Dollar LTV Ratio (as percent) 100.00% 66.00%
Commercial | Doubtful | Credit risk concentration    
Loans and Investments    
Origination Year One $ 0 $ 0
Origination Year Two 0 0
Origination Year Three 0 0
Origination Year Four 0 0
Origination Year Five 0 0
Origination, Prior Years 1,700 1,700
Loans and investments, gross $ 1,700 $ 1,700