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Residential Whole Loans (Residential Whole Loans, at Carrying Value) (Details)
$ in Thousands
Jun. 30, 2020
USD ($)
loan
Jan. 01, 2020
USD ($)
Dec. 31, 2019
USD ($)
loan
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Purchased Performing Loans $ 4,086,606   $ 5,370,653
Purchased Credit Deteriorated Loans 726,513   698,717
Total Residential whole loans, at carrying value [1] 4,813,119   6,069,370
Allowance for credit losses on residential whole loans held at carrying value (136,589)   (3,025)
Total Residential whole loans at carrying value, net $ 4,676,530   $ 6,066,345
Number of loans | loan 14,689   17,082
Non-QM Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Purchased Performing Loans $ 2,574,184   $ 3,707,245
Rehabilitation loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Purchased Performing Loans 862,895   1,026,097
Single-family rental loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Purchased Performing Loans 494,248   460,742
Seasoned performing loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Purchased Performing Loans $ 155,279   $ 176,569
Cumulative Effect, Period of Adoption, Adjustment      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Purchased Credit Deteriorated Loans   $ 62,600  
[1]
Includes approximately $181.4 million and $186.4 million of Residential whole loans, at carrying value and $506.7 million and $567.4 million of Residential whole loans, at fair value transferred to consolidated variable interest entities (“VIEs”) at June 30, 2020 and December 31, 2019, respectively. Such assets can be used only to settle the obligations of each respective VIE.