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Fair Value of Financial Instruments (Level 3 Assets) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Unsettled residential whole loans $ 131,300   $ 131,300  
Recurring basis | Level 3 | Residential whole loans        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Balance at beginning of period 1,207,997 $ 1,243,792 1,216,902 $ 1,381,583
Purchases and capitalized advances 837,859 4,679 837,859 8,198
Originations and draws 423 0 423 0
Changes in fair value recorded in Net gain on residential whole loans measured at fair value through earnings 6,226 2,010 38,313 (72,546)
Repayments (38,932) (28,608) (64,502) (52,412)
Sales and repurchases 430 (18,225) 430 (18,530)
Transfer to REO (10,423) (2,667) (25,845) (45,312)
Balance at end of period $ 2,003,580 $ 1,200,981 $ 2,003,580 $ 1,200,981