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Residential Whole Loans (Residential Whole Loans, at Carrying Value - Additional Information) (Details) - USD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2019
Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased Performing Loans $ 4,251,217,000 $ 2,218,728,000
Purchased Credit Impaired Loans $ 718,197,000 797,987,000
Weighted Average LTV Ratio 80.00%  
Non-QM loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased Performing Loans $ 2,727,006,000 1,354,774,000
Rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased Performing Loans 968,867,000 494,576,000
Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased Performing Loans 366,362,000 145,327,000
Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased Performing Loans 188,982,000 $ 224,051,000
Certain Rehabilitation Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Allowance for losses $ 388,000  
90 or more    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Weighted Average LTV Ratio 78.26% 90.24%
Settled Whole Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Residential whole loans, at carrying value, total or weighted average $ 4,910,278,000  
Unpaid Principal Balance (“UPB”) $ 5,021,777,000  
Weighted Average Coupon 6.03%  
Weighted Average Term to Maturity (Months) 274 months  
Settled Whole Loans | Non-QM loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased Performing Loans $ 2,667,482,000  
Unpaid Principal Balance (“UPB”) $ 2,582,746,000  
Weighted Average Coupon 6.15%  
Weighted Average Term to Maturity (Months) 365 months  
Weighted Average LTV Ratio 66.00%  
Settled Whole Loans | Rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased Performing Loans $ 969,255,000  
Unpaid Principal Balance (“UPB”) $ 969,255,000  
Weighted Average Coupon 7.32%  
Weighted Average Term to Maturity (Months) 8 months  
Weighted Average LTV Ratio 65.00%  
Settled Whole Loans | Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased Performing Loans $ 366,362,000  
Unpaid Principal Balance (“UPB”) $ 364,350,000  
Weighted Average Coupon 6.27%  
Weighted Average Term to Maturity (Months) 325 months  
Weighted Average LTV Ratio 69.00%  
Settled Whole Loans | Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased Performing Loans $ 188,982,000  
Unpaid Principal Balance (“UPB”) $ 205,243,000  
Weighted Average Coupon 4.40%  
Weighted Average Term to Maturity (Months) 183 months  
Weighted Average LTV Ratio 47.00%  
Settled Whole Loans | Purchased credit impaired loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased Credit Impaired Loans $ 718,197,000  
Unpaid Principal Balance (“UPB”) $ 900,183,000  
Weighted Average Coupon 4.44%  
Weighted Average Term to Maturity (Months) 297 months  
Weighted Average LTV Ratio 83.00%  
Settled Whole Loans | Certain Rehabilitation Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased Performing Loans $ 250,000,000.0  
Weighted Average LTV Ratio 69.00%  
Settled Whole Loans | Current | Non-QM loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) $ 2,527,231,000  
Settled Whole Loans | Current | Rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 843,034,000  
Settled Whole Loans | Current | Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 349,967,000  
Settled Whole Loans | Current | Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 200,643,000  
Settled Whole Loans | 30-59 | Non-QM loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 29,208,000  
Settled Whole Loans | 30-59 | Rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 70,130,000  
Settled Whole Loans | 30-59 | Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 10,974,000  
Settled Whole Loans | 30-59 | Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 2,223,000  
Settled Whole Loans | 60-89 | Non-QM loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 14,349,000  
Settled Whole Loans | 60-89 | Rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 16,801,000  
Settled Whole Loans | 60-89 | Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 2,256,000  
Settled Whole Loans | 60-89 | Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 1,048,000  
Settled Whole Loans | 90 or more | Non-QM loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 11,958,000  
Settled Whole Loans | 90 or more | Rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 39,290,000  
Settled Whole Loans | 90 or more | Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) 1,153,000  
Settled Whole Loans | 90 or more | Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance (“UPB”) $ 1,329,000