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Residential Whole Loans (Residential Whole Loans, at Carrying Value - Additional Information) (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Weighted Average LTV Ratio 80.00%  
Settled Whole Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Residential whole loans, at carrying value, total or weighted average $ 3,416,124 $ 4,108,499
Amortized Cost Basis 3,470,385 4,195,332
Unpaid Principal Balance (“UPB”) $ 3,528,066 $ 4,249,418
Weighted Average Coupon 5.67% 5.77%
Weighted Average Term to Maturity (Months) 289 months 282 months
Settled Whole Loans | Non-QM loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased performing loans $ 1,948,763 $ 2,336,117
Amortized Cost Basis 1,960,855 2,357,185
Unpaid Principal Balance (“UPB”) $ 1,908,905 $ 2,294,086
Weighted Average Coupon 5.81% 5.84%
Weighted Average Term to Maturity (Months) 347 months 351 months
Weighted Average LTV Ratio 63.00% 64.00%
Weighted Average FICO Scores 712 712
Settled Whole Loans | Rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased performing loans $ 352,859 $ 563,430
Amortized Cost Basis 364,463 581,801
Unpaid Principal Balance (“UPB”) $ 364,463 $ 581,801
Weighted Average Coupon 7.21% 7.29%
Weighted Average Term to Maturity (Months) 5 months 3 months
Weighted Average LTV Ratio 65.00% 63.00%
Weighted Average FICO Scores 723 719
Settled Whole Loans | Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased performing loans $ 415,184 $ 442,456
Amortized Cost Basis 417,544 446,374
Unpaid Principal Balance (“UPB”) $ 413,060 $ 442,208
Weighted Average Coupon 6.29% 6.32%
Weighted Average Term to Maturity (Months) 322 months 324 months
Weighted Average LTV Ratio 69.00% 70.00%
Weighted Average FICO Scores 730 730
Settled Whole Loans | Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased performing loans $ 118,309 $ 136,157
Amortized Cost Basis 118,366 136,264
Unpaid Principal Balance (“UPB”) $ 129,536 $ 149,004
Weighted Average Coupon 2.96% 3.30%
Weighted Average Term to Maturity (Months) 167 months 171 months
Weighted Average LTV Ratio 39.00% 40.00%
Weighted Average FICO Scores 722 723
Settled Whole Loans | Purchased credit impaired loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Residential whole loans, at carrying value $ 581,009 $ 630,339
Amortized Cost Basis 609,157 673,708
Unpaid Principal Balance (“UPB”) $ 712,102 $ 782,319
Weighted Average Coupon 4.54% 4.46%
Weighted Average Term to Maturity (Months) 284 months 287 months
Weighted Average LTV Ratio 71.00% 76.00%
Settled Whole Loans | Certain rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Purchased performing loans $ 134,200 $ 189,900
Weighted Average LTV Ratio 69.00% 69.00%
Settled Whole Loans | Current | Non-QM loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Amortized Cost Basis $ 1,725,889 $ 2,099,134
Settled Whole Loans | Current | Rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Amortized Cost Basis 226,865 390,706
Settled Whole Loans | Current | Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Amortized Cost Basis 386,091 415,386
Settled Whole Loans | Current | Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Amortized Cost Basis 107,762 124,877
Settled Whole Loans | 30-59 | Non-QM loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Amortized Cost Basis 58,059 73,163
Settled Whole Loans | 30-59 | Rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Amortized Cost Basis 17,150 29,315
Settled Whole Loans | 30-59 | Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Amortized Cost Basis 5,858 6,652
Settled Whole Loans | 30-59 | Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Amortized Cost Basis 943 2,186
Settled Whole Loans | 60-89 | Non-QM loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Amortized Cost Basis 36,856 36,501
Settled Whole Loans | 60-89 | Rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Amortized Cost Basis 11,506 25,433
Settled Whole Loans | 60-89 | Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Amortized Cost Basis 3,000 3,948
Settled Whole Loans | 60-89 | Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Amortized Cost Basis 538 1,170
Settled Whole Loans | 90 or more | Non-QM loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Amortized Cost Basis 140,051 148,387
Settled Whole Loans | 90 or more | Rehabilitation loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Amortized Cost Basis 108,942 136,347
Settled Whole Loans | 90 or more | Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Amortized Cost Basis 22,595 20,388
Settled Whole Loans | 90 or more | Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Amortized Cost Basis 9,123 8,031
Settled Whole Loans | 90 or more | Purchased credit impaired loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Amortized Cost Basis $ 105,487 $ 119,621