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Fair Value of Financial Instruments - Fair Value Methodology (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Residential Whole Loans    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Loans, fair value $ 103,700  
Nonperforming    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchased performing loans, fair value 704,852 $ 795,894
Purchases excluded from level 2 fair value 572 215
Nonperforming | Discounted cash flow    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchased performing loans, fair value $ 537,528 $ 546,675
Nonperforming | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Discount rate | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.068 0.070
Nonperforming | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Discount rate | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.062 0.063
Nonperforming | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Discount rate | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.102 0.100
Nonperforming | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Prepayment rate | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.097 0.089
Nonperforming | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Prepayment rate | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.000 0.000
Nonperforming | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Prepayment rate | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.389 0.335
Nonperforming | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Default rate | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.021 0.037
Nonperforming | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Default rate | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.000 0.000
Nonperforming | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Default rate | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.395 0.524
Nonperforming | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Loss severity | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.097 0.113
Nonperforming | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Loss severity | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.000 0.000
Nonperforming | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Loss severity | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 1.000 1.000
Nonperforming | Liquidation model    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchased performing loans, fair value $ 167,324 $ 249,219
Simple average amount $ 494 $ 457
Nonperforming | Liquidation model | Residential whole loans, at fair value | Level 3 | Discount rate | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.080 0.078
Nonperforming | Liquidation model | Residential whole loans, at fair value | Level 3 | Discount rate | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.080 0.078
Nonperforming | Liquidation model | Residential whole loans, at fair value | Level 3 | Discount rate | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.080 0.078
Nonperforming | Liquidation model | Residential whole loans, at fair value | Level 3 | Annual change in home prices | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Annual change in home prices 4.60% 6.90%
Nonperforming | Liquidation model | Residential whole loans, at fair value | Level 3 | Annual change in home prices | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Annual change in home prices (0.40%) (5.40%)
Nonperforming | Liquidation model | Residential whole loans, at fair value | Level 3 | Annual change in home prices | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Annual change in home prices 12.70% 59.70%
Nonperforming | Liquidation model | Residential whole loans, at fair value | Level 3 | Liquidation timeline (in years) | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Liquidation timeline (in years) 2 years 1 month 6 days 1 year 10 months 24 days
Nonperforming | Liquidation model | Residential whole loans, at fair value | Level 3 | Liquidation timeline (in years) | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Liquidation timeline (in years) 1 month 6 days 1 month 6 days
Nonperforming | Liquidation model | Residential whole loans, at fair value | Level 3 | Liquidation timeline (in years) | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Liquidation timeline (in years) 4 years 6 months 4 years 6 months
Nonperforming | Liquidation model | Residential whole loans, at fair value | Level 3 | Current value of underlying properties | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Current value of underlying properties $ 831 $ 743
Nonperforming | Liquidation model | Residential whole loans, at fair value | Level 3 | Current value of underlying properties | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Current value of underlying properties 24 28
Nonperforming | Liquidation model | Residential whole loans, at fair value | Level 3 | Current value of underlying properties | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Current value of underlying properties 4,720 4,000
Performing    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchased performing loans, fair value 6,646,651 4,880,321
Performing | Discounted cash flow    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchased performing loans, fair value $ 6,522,457 $ 4,857,587
Performing | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Discount rate | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.080 0.076
Performing | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Discount rate | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.065 0.056
Performing | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Discount rate | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.292 0.227
Performing | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Prepayment rate | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.101 0.079
Performing | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Prepayment rate | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.000 0.000
Performing | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Prepayment rate | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.464 0.448
Performing | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Default rate | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.005 0.008
Performing | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Default rate | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.000 0.000
Performing | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Default rate | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.273 0.194
Performing | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Loss severity | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.109 0.073
Performing | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Loss severity | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.000 0.000
Performing | Discounted cash flow | Residential whole loans, at fair value | Level 3 | Loss severity | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.990 1.000
Performing | Liquidation model    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchased performing loans, fair value $ 124,194 $ 22,734
Performing | Liquidation model | Residential whole loans, at fair value | Level 3 | Discount rate | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.080 0.078
Performing | Liquidation model | Residential whole loans, at fair value | Level 3 | Discount rate | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.080 0.078
Performing | Liquidation model | Residential whole loans, at fair value | Level 3 | Discount rate | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Measurement input 0.080 0.078
Performing | Liquidation model | Residential whole loans, at fair value | Level 3 | Annual change in home prices | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Annual change in home prices 2.60% 3.20%
Performing | Liquidation model | Residential whole loans, at fair value | Level 3 | Annual change in home prices | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Annual change in home prices 0.00% (1.00%)
Performing | Liquidation model | Residential whole loans, at fair value | Level 3 | Annual change in home prices | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Annual change in home prices 10.10% 10.70%
Performing | Liquidation model | Residential whole loans, at fair value | Level 3 | Liquidation timeline (in years) | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Liquidation timeline (in years) 1 year 7 months 6 days 1 year 10 months 24 days
Performing | Liquidation model | Residential whole loans, at fair value | Level 3 | Liquidation timeline (in years) | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Liquidation timeline (in years) 9 months 18 days 9 months 18 days
Performing | Liquidation model | Residential whole loans, at fair value | Level 3 | Liquidation timeline (in years) | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Liquidation timeline (in years) 3 years 10 months 24 days 4 years 2 months 12 days
Performing | Liquidation model | Residential whole loans, at fair value | Level 3 | Current value of underlying properties | Weighted Average    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Current value of underlying properties $ 1,580 $ 1,319
Performing | Liquidation model | Residential whole loans, at fair value | Level 3 | Current value of underlying properties | Minimum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Current value of underlying properties 35 50
Performing | Liquidation model | Residential whole loans, at fair value | Level 3 | Current value of underlying properties | Maximum    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Current value of underlying properties $ 5,500 $ 2,850