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Residential Whole Loans - Interest Income Components (Details) - Residential whole loans, total or weighted average - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income $ 128,048 $ 102,354 $ 247,557 $ 201,820
Purchased Credit Deteriorated Loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 8,087 8,672 15,225 17,681
Performing        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 102,925 74,872 200,500 144,603
Performing | Non-QM loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 45,518 34,512 89,607 67,463
Performing | Transitional loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 32,621 15,188 60,847 30,047
Performing | Single-family rental loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 23,141 16,413 44,455 29,739
Performing | Seasoned performing loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 1,127 1,155 2,216 2,165
Performing | Agency eligible investor loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 518 7,604 3,375 15,189
Nonperforming        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 17,036 18,810 31,832 39,536
Carrying Value        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 24,258 27,136 48,758 58,554
Carrying Value | Purchased Credit Deteriorated Loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 8,087 8,672 15,225 17,681
Carrying Value | Performing        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 16,171 18,464 33,533 40,873
Carrying Value | Performing | Non-QM loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 11,646 12,255 24,320 25,395
Carrying Value | Performing | Transitional loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 518 1,271 1,138 4,837
Carrying Value | Performing | Single-family rental loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 2,880 3,783 5,859 8,476
Carrying Value | Performing | Seasoned performing loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 1,127 1,155 2,216 2,165
Carrying Value | Performing | Agency eligible investor loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 0 0 0 0
Carrying Value | Nonperforming        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 0 0 0 0
Fair Value        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 103,790 75,218 198,799 143,266
Fair Value | Purchased Credit Deteriorated Loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 0 0 0 0
Fair Value | Performing        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 86,754 56,408 166,967 103,730
Fair Value | Performing | Non-QM loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 33,872 22,257 65,287 42,068
Fair Value | Performing | Transitional loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 32,103 13,917 59,709 25,210
Fair Value | Performing | Single-family rental loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 20,261 12,630 38,596 21,263
Fair Value | Performing | Seasoned performing loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 0 0 0 0
Fair Value | Performing | Agency eligible investor loans        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income 518 7,604 3,375 15,189
Fair Value | Nonperforming        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Interest income $ 17,036 $ 18,810 $ 31,832 $ 39,536