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Residential Whole Loans - LTV on Loans (Details) - Financial Asset, Equal to or Greater than 60 Days Past Due
$ in Thousands
Sep. 30, 2023
USD ($)
Dec. 31, 2022
USD ($)
Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value / Fair Value $ 229,972 $ 166,671
UPB 244,880 167,761
Carrying Value | Non-QM loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value / Fair Value 84,584 61,812
UPB $ 86,761 $ 61,719
LTV (as a percent) 0.669 0.679
Carrying Value | Transitional loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value / Fair Value $ 86,451 $ 73,266
UPB $ 90,785 $ 74,180
LTV (as a percent) 0.650 0.681
Carrying Value | Single-family rental loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value / Fair Value $ 55,313 $ 27,466
UPB $ 63,642 $ 27,463
LTV (as a percent) 0.733 0.729
Carrying Value | Seasoned performing loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value / Fair Value $ 3,437 $ 4,127
UPB $ 3,464 $ 4,399
LTV (as a percent) 0.299 0.422
Carrying Value | Agency eligible investor loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value / Fair Value $ 187 $ 0
UPB $ 228 $ 0
LTV (as a percent) 0.734 0
Fair Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value / Fair Value $ 538,366 $ 532,770
UPB 585,220 565,284
Fair Value | Nonperforming    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value / Fair Value 238,545 296,697
UPB $ 253,510 $ 310,035
LTV (as a percent) 0.708 0.769
Fair Value | Purchased Credit Deteriorated Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value / Fair Value $ 69,849 $ 69,402
UPB $ 86,830 $ 87,488
LTV (as a percent) 0.641 0.748