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Residential Whole Loans (Details)
$ in Thousands
Sep. 30, 2022
USD ($)
loan
Dec. 31, 2021
USD ($)
loan
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans $ 1,915,277  
Allowance for Credit Losses (37,192) $ (39,447)
Total Residential Whole Loans $ 8,194,049 $ 7,913,000
Number of loans | loan 26,193 24,095
Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Allowance for Credit Losses $ (37,192) $ (39,447)
Total Residential Whole Loans $ 1,878,083 $ 2,607,651
Number of loans | loan 7,388 9,361
Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Allowance for Credit Losses $ 0 $ 0
Total Residential Whole Loans $ 6,315,966 $ 5,305,349
Number of loans | loan 18,805 14,734
Performing    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans $ 6,902,999 $ 6,332,405
Performing | Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 1,434,596 2,099,326
Performing | Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 5,468,403 4,233,079
Nonperforming    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 847,563 1,072,270
Nonperforming | Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 0 0
Nonperforming | Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 847,563 1,072,270
Non-QM loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 1,030,506  
Non-QM loans | Performing    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 3,392,725 3,461,531
Non-QM loans | Performing | Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 1,030,504 1,448,162
Non-QM loans | Performing | Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 2,362,221 2,013,369
Residential transition loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 92,762  
Residential transition loans | Performing    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 1,249,168 734,845
Residential transition loans | Performing | Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 92,762 217,315
Residential transition loans | Performing | Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 1,156,406 517,530
Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 224,302  
Single-family rental loans | Performing    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 1,321,082 951,223
Single-family rental loans | Performing | Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 224,302 331,808
Single-family rental loans | Performing | Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 1,096,780 619,415
Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 87,028  
Seasoned performing loans | Performing    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 87,028 102,041
Seasoned performing loans | Performing | Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 87,028 102,041
Seasoned performing loans | Performing | Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 0 0
Agency eligible investor loans | Performing    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 852,996 1,082,765
Agency eligible investor loans | Performing | Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 0 0
Agency eligible investor loans | Performing | Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 852,996 1,082,765
Purchased Credit Deteriorated Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 480,679 547,772
Purchased Credit Deteriorated Loans | Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 480,679 547,772
Purchased Credit Deteriorated Loans | Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 0 0
Multi-Family Transitional Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans $ 523,300 $ 213,900