v3.21.2

Valuation (Schedule of Significant Unobservable Inputs, Qualitative Information) (Details) - Level 3 | 9 Months Ended |
--- | --- | ---
Sep. 30, 2021 USD ($) $ / shares | Sep. 30, 2020 | Dec. 31, 2020 USD ($) $ / shares
Non-Agency RMBS |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 106,600,000 |  | $ 127,838,000
Fair Value of Level 3 Assets, Negative Yield | $ 2,100,000 |  | $ 300,000
Non-Agency RMBS | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair Value Inputs, Yield Including Negative | 5.70% |  | 7.30%
Non-Agency RMBS | Measurement Input, Discount Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0 |  | 0.007
Non-Agency RMBS | Measurement Input, Discount Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.379 |  | 0.526
Non-Agency RMBS | Measurement Input, Discount Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.064 |  | 0.074
Non-Agency RMBS | Measurement Input, Prepayment Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0 |  | 0
Non-Agency RMBS | Measurement Input, Prepayment Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.731 |  | 0.991
Non-Agency RMBS | Measurement Input, Prepayment Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.455 |  | 0.453
Non-Agency RMBS | Measurement Input, Default Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.001 |  | 0.004
Non-Agency RMBS | Measurement Input, Default Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.808 |  | 0.726
Non-Agency RMBS | Measurement Input, Default Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.104 |  | 0.184
Non-Agency RMBS | Measurement Input, Projected Collateral Recoveries | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0 |  | 0
Non-Agency RMBS | Measurement Input, Projected Collateral Recoveries | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.584 |  | 0.791
Non-Agency RMBS | Measurement Input, Projected Collateral Recoveries | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.177 |  | 0.168
CMBS |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 12,148,000 |  | $ 63,148,000
CMBS | Measurement Input, Discount Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.079 |  | 0.037
CMBS | Measurement Input, Discount Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.263 |  | 0.263
CMBS | Measurement Input, Discount Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.106 |  | 0.087
CMBS | Measurement Input, Default Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.004 |  | 0.007
CMBS | Measurement Input, Default Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.083 |  | 0.107
CMBS | Measurement Input, Default Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.028 |  | 0.036
CMBS | Measurement Input, Projected Collateral Recoveries | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.106 |  | 0.724
CMBS | Measurement Input, Projected Collateral Recoveries | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.957 |  | 0.961
CMBS | Measurement Input, Projected Collateral Recoveries | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.942 |  | 0.906
CLOs |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 30,121,000 |  | $ 111,100,000
CLOs | Measurement Input, Discount Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.074 |  | 0.034
CLOs | Measurement Input, Discount Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 1.000 |  | 0.354
CLOs | Measurement Input, Discount Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.283 |  | 0.105
CLOs | Measurement Input, Prepayment Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.541 |  | 0.412
CLOs | Measurement Input, Prepayment Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.945 |  | 0.977
CLOs | Measurement Input, Prepayment Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.896 |  | 0.657
CLOs | Measurement Input, Default Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.028 |  | 0.017
CLOs | Measurement Input, Default Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.378 |  | 0.289
CLOs | Measurement Input, Default Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.057 |  | 0.112
CLOs | Measurement Input, Projected Collateral Recoveries | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.025 |  | 0.006
CLOs | Measurement Input, Projected Collateral Recoveries | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.081 |  | 0.152
CLOs | Measurement Input, Projected Collateral Recoveries | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.038 |  | 0.079
Agency RMBS | Interest only securities |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 11,732,000 |  | $ 11,663,000
Agency RMBS | Interest only securities | Measurement Input, Prepayment Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.093 |  | 0.083
Agency RMBS | Interest only securities | Measurement Input, Prepayment Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 1.000 |  | 1.000
Agency RMBS | Interest only securities | Measurement Input, Prepayment Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.734 |  | 0.759
Asset-backed securities, backed by consumer loans |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value |  |  | $ 44,925,000
Asset-backed securities, backed by consumer loans | Measurement Input, Discount Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.127 |  | 0.126
Asset-backed securities, backed by consumer loans | Measurement Input, Discount Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 1.214 |  | 0.275
Asset-backed securities, backed by consumer loans | Measurement Input, Discount Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.161 |  | 0.156
Asset-backed securities, backed by consumer loans | Measurement Input, Prepayment Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.002 |  | 0.000
Asset-backed securities, backed by consumer loans | Measurement Input, Prepayment Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.120 |  | 0.116
Asset-backed securities, backed by consumer loans | Measurement Input, Prepayment Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.090 |  | 0.077
Asset-backed securities, backed by consumer loans | Measurement Input, Default Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.019 |  | 0.010
Asset-backed securities, backed by consumer loans | Measurement Input, Default Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.327 |  | 0.211
Asset-backed securities, backed by consumer loans | Measurement Input, Default Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.206 |  | 0.171
Investment in unconsolidated entities |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 142,019,000 |  | $ 141,620,000
Corporate loan [Member] |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | 16,561,000 |  |
Corporate loan [Member] | Measurement Input, Discount Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input |  |  | 0.211
Corporate loan [Member] | Measurement Input, Discount Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input |  |  | 0.211
Corporate loan [Member] | Measurement Input, Discount Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input |  |  | 0.211
Total return swaps | Measurement Input, Discount Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Derivative asset, measurement input |  |  | 0.220
Derivative Liability, Measurement Input |  |  | 0.168
Total return swaps | Measurement Input, Discount Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Derivative asset, measurement input |  |  | 0.220
Derivative Liability, Measurement Input |  |  | 0.168
Total return swaps | Measurement Input, Discount Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Derivative asset, measurement input |  |  | 0.220
Derivative Liability, Measurement Input |  |  | 0.168
Valuation, Market Approach | Non-Agency RMBS |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 69,090,000 |  | $ 70,619,000
Valuation, Market Approach | Non-Agency RMBS | Measurement Input, Quoted Price | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | $ / shares | 0.91 |  | 9.53
Valuation, Market Approach | Non-Agency RMBS | Measurement Input, Quoted Price | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | $ / shares | 112.85 |  | 204.61
Valuation, Market Approach | Non-Agency RMBS | Measurement Input, Quoted Price | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | $ / shares | 77.36 |  | 85.70
Valuation, Market Approach | CMBS |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 11,879,000 |  | $ 53,199,000
Valuation, Market Approach | CMBS | Measurement Input, Quoted Price | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | $ / shares | 7.00 |  | 4.79
Valuation, Market Approach | CMBS | Measurement Input, Quoted Price | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | $ / shares | 71.92 |  | 98.00
Valuation, Market Approach | CMBS | Measurement Input, Quoted Price | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | $ / shares | 53.09 |  | 65.20
Valuation, Market Approach | CLOs |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 24,199,000 |  | $ 102,910,000
Valuation, Market Approach | CLOs | Measurement Input, Quoted Price | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | $ / shares | 15.00 |  | 2.00
Valuation, Market Approach | CLOs | Measurement Input, Quoted Price | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | $ / shares | 97.80 |  | 330.00
Valuation, Market Approach | CLOs | Measurement Input, Quoted Price | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | $ / shares | 55.74 |  | 88.66
Valuation, Market Approach | Agency RMBS | Interest only securities |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 6,267,000 |  | $ 4,844,000
Valuation, Market Approach | Agency RMBS | Interest only securities | Measurement Input, Quoted Price | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | $ / shares | 0.55 |  | 1.91
Valuation, Market Approach | Agency RMBS | Interest only securities | Measurement Input, Quoted Price | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | $ / shares | 23.24 |  | 18.91
Valuation, Market Approach | Agency RMBS | Interest only securities | Measurement Input, Quoted Price | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | $ / shares | 7.20 |  | 8.38
Valuation, Market Approach | Asset-backed securities, backed by consumer loans |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value |  |  | $ 97,000
Valuation, Market Approach | Asset-backed securities, backed by consumer loans | Measurement Input, Quoted Price | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | $ / shares |  |  | 96.51
Valuation, Market Approach | Asset-backed securities, backed by consumer loans | Measurement Input, Quoted Price | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | $ / shares |  |  | 98.43
Valuation, Market Approach | Asset-backed securities, backed by consumer loans | Measurement Input, Quoted Price | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | $ / shares |  |  | 97.33
Valuation, Market Approach | Corporate loan [Member] |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 7,000,000 |  | $ 5,855,000
Valuation, Market Approach | Corporate loan [Member] | Measurement Input, Quoted Price | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | $ / shares | 100.00 |  | 100.00
Valuation, Market Approach | Corporate loan [Member] | Measurement Input, Quoted Price | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | $ / shares | 100.00 |  | 100.00
Valuation, Market Approach | Corporate loan [Member] | Measurement Input, Quoted Price | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | $ / shares | 100.00 |  | 100.00
Valuation, Market Approach | Other secured borrowings, at fair value |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ (872,306,000) |  | $ (754,921,000)
Valuation, Market Approach | Other secured borrowings, at fair value | Measurement Input, Quoted Price | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Debt instrument, measurement input | 97.84 |  | 85.37
Valuation, Market Approach | Other secured borrowings, at fair value | Measurement Input, Quoted Price | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Debt instrument, measurement input | 103.25 |  | 105.61
Valuation, Market Approach | Other secured borrowings, at fair value | Measurement Input, Quoted Price | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Debt instrument, measurement input | 100.97 |  | 102.04
Valuation, Market Approach | Other secured borrowings, at fair value | Measurement Input, Discount Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Debt instrument, measurement input | 0.020 |  | 0.016
Valuation, Market Approach | Other secured borrowings, at fair value | Measurement Input, Discount Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Debt instrument, measurement input | 0.032 |  | 0.030
Valuation, Market Approach | Other secured borrowings, at fair value | Measurement Input, Discount Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Debt instrument, measurement input | 0.024 |  | 0.026
Valuation, Market Approach | Other secured borrowings, at fair value | Measurement Input, Prepayment Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Debt instrument, measurement input | 0 |  | 0
Valuation, Market Approach | Other secured borrowings, at fair value | Measurement Input, Prepayment Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Debt instrument, measurement input | 0.978 |  | 0.753
Valuation, Market Approach | Other secured borrowings, at fair value | Measurement Input, Prepayment Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Debt instrument, measurement input | 0.672 |  | 0.487
Valuation, Income Approach | Non-Agency RMBS |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 37,510,000 |  | $ 57,219,000
Valuation, Income Approach | CMBS |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | 269,000 |  | 9,949,000
Valuation, Income Approach | CLOs |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | 5,922,000 |  | 8,190,000
Valuation, Income Approach | Agency RMBS | Interest only securities |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | 5,465,000 |  | 6,819,000
Fair Value of Agency IOs, negative OAS measurement input | $ 3,100,000 |  | $ 4,500,000
Valuation, Income Approach | Agency RMBS | Interest only securities | Measurement Input, LIBOR OAS | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.0016 |  | 0.0297
Valuation, Income Approach | Agency RMBS | Interest only securities | Measurement Input, LIBOR OAS | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 1.4334 |  | 0.2886
Valuation, Income Approach | Agency RMBS | Interest only securities | Measurement Input, LIBOR OAS | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.1154 |  | 0.0914
Valuation, Income Approach | Agency RMBS | Interest only securities | Net LIBOR OAS [Member] | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.081 |  | 0.0396
Valuation, Income Approach | Asset-backed securities, backed by consumer loans |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 71,295,000 |  | $ 44,828,000
Valuation, Income Approach | Corporate debt and equity |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 12,413,000 |  | $ 5,672,000
Valuation, Income Approach | Corporate debt and equity | Measurement Input, Discount Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.078 |  | 0.081
Valuation, Income Approach | Corporate debt and equity | Measurement Input, Discount Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.244 |  | 0.108
Valuation, Income Approach | Corporate debt and equity | Measurement Input, Discount Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.106 |  | 0.097
Valuation, Income Approach | Consumer loans |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 55,676,000 |  | $ 47,525,000
Valuation, Income Approach | Consumer loans | Measurement Input, Discount Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.066 |  | 0.078
Valuation, Income Approach | Consumer loans | Measurement Input, Discount Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.658 |  | 0.281
Valuation, Income Approach | Consumer loans | Measurement Input, Discount Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.093 |  | 0.112
Valuation, Income Approach | Consumer loans | Measurement Input, Prepayment Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.002 |  | 0.000
Valuation, Income Approach | Consumer loans | Measurement Input, Prepayment Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.307 |  | 0.360
Valuation, Income Approach | Consumer loans | Measurement Input, Prepayment Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.143 |  | 0.173
Valuation, Income Approach | Consumer loans | Measurement Input, Default Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.011 |  | 0.009
Valuation, Income Approach | Consumer loans | Measurement Input, Default Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.808 |  | 0.866
Valuation, Income Approach | Consumer loans | Measurement Input, Default Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Securities, measurement input | 0.094 |  | 0.094
Valuation, Income Approach | Corporate loan [Member] |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 9,561,000 |  |
Valuation, Income Approach | Corporate loan [Member] | Measurement Input, Discount Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.030 |  |
Valuation, Income Approach | Corporate loan [Member] | Measurement Input, Discount Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.293 |  |
Valuation, Income Approach | Corporate loan [Member] | Measurement Input, Discount Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.213 |  |
Valuation, Income Approach | Credit default swaps on asset-backed securities |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 303,000 |  | $ 347,000
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement Input, Prepayment Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Derivative asset, measurement input | 0.299 |  | 0.327
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement Input, Prepayment Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Derivative asset, measurement input | 0.410 |  | 0.397
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement Input, Prepayment Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Derivative asset, measurement input | 0.385 |  | 0.381
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement Input, Default Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Derivative asset, measurement input | 0.050 |  | 0.066
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement Input, Default Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Derivative asset, measurement input | 0.087 |  | 0.108
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement Input, Default Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Derivative asset, measurement input | 0.064 |  | 0.089
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement Input, Projected Collateral Recoveries | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Derivative asset, measurement input | 0.113 |  | 0.139
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement Input, Projected Collateral Recoveries | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Derivative asset, measurement input | 0.168 |  | 0.181
Valuation, Income Approach | Credit default swaps on asset-backed securities | Measurement Input, Projected Collateral Recoveries | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Derivative asset, measurement input | 0.126 |  | 0.156
Valuation, Income Approach | Total return swaps |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value |  |  | $ 9,000
Fair value |  |  | (484,000)
Enterprise Value | Investment in unconsolidated entities | Measurement Input, Equity Price-to-Book |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 92,838,000 |  | 79,536,000
Enterprise Value | Investment in unconsolidated entities | Measurement Input, Net Asset Value |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 38,613,000 |  | $ 62,084,000
measurement input equity multiple | Investment in unconsolidated entities | Measurement Input, Equity Price-to-Book | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Equity method investment, measurement input | 1.1 |  | 1.0
measurement input equity multiple | Investment in unconsolidated entities | Measurement Input, Equity Price-to-Book | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Equity method investment, measurement input | 1.3 |  | 6.2
measurement input equity multiple | Investment in unconsolidated entities | Measurement Input, Equity Price-to-Book | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Equity method investment, measurement input | 1.2 |  | 1.4
Performing and/or Re-performing | Residential mortgage loans |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value |  |  | $ 353,924,000
Performing and/or Re-performing | Residential mortgage loans | Measurement Input, Discount Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.003 |  | 0.025
Performing and/or Re-performing | Residential mortgage loans | Measurement Input, Discount Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.864 |  | 0.285
Performing and/or Re-performing | Residential mortgage loans | Measurement Input, Discount Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.043 |  | 0.054
Performing and/or Re-performing | Residential mortgage loans | Measurement Input, Offered Price | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input |  |  | 60.00
Performing and/or Re-performing | Residential mortgage loans | Measurement Input, Offered Price | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input |  |  | 103.88
Performing and/or Re-performing | Residential mortgage loans | Measurement Input, Offered Price | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input |  |  | 103.44
Performing and/or Re-performing | Valuation, Market Approach | Residential mortgage loans |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value |  |  | $ 15,659,000
Performing and/or Re-performing | Valuation, Income Approach | Commercial mortgage loans |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 227,568,000 |  | $ 181,545,000
Performing and/or Re-performing | Valuation, Income Approach | Commercial mortgage loans | Measurement Input, Discount Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.062 |  | 0.037
Performing and/or Re-performing | Valuation, Income Approach | Commercial mortgage loans | Measurement Input, Discount Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.106 |  | 0.097
Performing and/or Re-performing | Valuation, Income Approach | Commercial mortgage loans | Measurement Input, Discount Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.080 |  | 0.081
Performing and/or Re-performing | Valuation, Income Approach | Residential mortgage loans |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 716,144,000 |  | $ 338,265,000
Securitized loans [Member] | Residential mortgage loans |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | 917,275,000 |  | 801,343,000
Securitized loans [Member] | Valuation, Market Approach | Residential mortgage loans |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 885,442,000 |  | $ 783,162,000
Securitized loans [Member] | Valuation, Market Approach | Residential mortgage loans | Measurement Input, Quoted Price | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.64 |  | 5.34
Securitized loans [Member] | Valuation, Market Approach | Residential mortgage loans | Measurement Input, Quoted Price | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 103.25 |  | 105.61
Securitized loans [Member] | Valuation, Market Approach | Residential mortgage loans | Measurement Input, Quoted Price | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 100.52 |  | 100.22
Securitized loans [Member] | Valuation, Income Approach | Residential mortgage loans |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 31,833,000 |  | $ 18,182,000
Securitized loans [Member] | Valuation, Income Approach | Residential mortgage loans | Measurement Input, Discount Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.008 |  | 0
Securitized loans [Member] | Valuation, Income Approach | Residential mortgage loans | Measurement Input, Discount Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.074 |  | 0.387
Securitized loans [Member] | Valuation, Income Approach | Residential mortgage loans | Measurement Input, Discount Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.040 |  | 0.044
Non-performing | Residential mortgage loans | Measurement Input, Discount Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.008 |  | 0.012
Non-performing | Residential mortgage loans | Measurement Input, Discount Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.351 |  | 0.410
Non-performing | Residential mortgage loans | Measurement Input, Discount Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.126 |  | 0.121
Non-performing | Residential mortgage loans | Measurement Input recovery amount | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input, Recovery Amount | $ 0.010 |  | $ 0.009
Non-performing | Residential mortgage loans | Measurement Input recovery amount | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input, Recovery Amount | 1.627 |  | 17.130
Non-performing | Residential mortgage loans | Measurement Input recovery amount | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input, Recovery Amount | 0.362 |  | 0.306
Non-performing | Valuation, Income Approach | Commercial mortgage loans |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 40,023,000 |  | $ 31,486,000
Non-performing | Valuation, Income Approach | Commercial mortgage loans | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Investment, measurement input, recovery time | 6 days | 1 month 24 days |
Non-performing | Valuation, Income Approach | Commercial mortgage loans | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Investment, measurement input, recovery time | 6 days | 5 months 24 days |
Non-performing | Valuation, Income Approach | Commercial mortgage loans | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Investment, measurement input, recovery time | 6 days | 3 months 21 days |
Non-performing | Valuation, Income Approach | Commercial mortgage loans | Measurement Input, Discount Rate | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.040 |  | 0.086
Non-performing | Valuation, Income Approach | Commercial mortgage loans | Measurement Input, Discount Rate | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.181 |  | 0.146
Non-performing | Valuation, Income Approach | Commercial mortgage loans | Measurement Input, Discount Rate | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input | 0.074 |  | 0.108
Non-performing | Valuation, Income Approach | Commercial mortgage loans | Measurement Input recovery amount | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input, Recovery Amount | $ 0.970 |  | $ 1.000
Non-performing | Valuation, Income Approach | Commercial mortgage loans | Measurement Input recovery amount | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input, Recovery Amount | 1.000 |  | 1.024
Non-performing | Valuation, Income Approach | Commercial mortgage loans | Measurement Input recovery amount | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Loans, Measurement Input, Recovery Amount | 1.000 |  | 1.008
Non-performing | Valuation, Income Approach | Residential mortgage loans |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 23,282,000 |  | 31,802,000
Non-performing | Valuation, Income Approach | Residential mortgage loans | Minimum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Investment, measurement input, recovery time | 15 days | 0 months |
Non-performing | Valuation, Income Approach | Residential mortgage loans | Maximum |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Investment, measurement input, recovery time | 73 months | 106 months 18 days |
Non-performing | Valuation, Income Approach | Residential mortgage loans | Weighted Average |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Investment, measurement input, recovery time | 32 months 15 days | 30 months |
Non-performing securitized residential mortgage loans [Member] | Valuation, Income Approach | Residential mortgage loans |  |  |
Fair Value Measurements Inputs and Valuation Techniques [Line Items] |  |  |
Fair value | $ 8,800,000 |  | $ 26,400,000

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