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Securities, at Fair Value - Narrative (Details)
12 Months Ended
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
option
Dec. 31, 2021
USD ($)
Oct. 31, 2023
Sep. 30, 2023
USD ($)
Jun. 30, 2023
USD ($)
Mar. 31, 2023
USD ($)
Sep. 30, 2022
USD ($)
Jun. 30, 2022
USD ($)
Mar. 31, 2022
USD ($)
Debt Securities, Available-for-sale [Line Items]                    
Securities, at fair value [1] $ 746,090,000 $ 333,364,000                
Allowance for credit loss 20,451,000 35,314,000 $ 39,447,000   $ 28,557,000 $ 31,035,000 $ 33,062,000 $ 37,192,000 $ 36,927,000 $ 35,457,000
Securities, at fair value                    
Debt Securities, Available-for-sale [Line Items]                    
Mortgage and asset backed securities 79,900,000 97,900,000                
Amortized costs 74,200,000 86,400,000                
Gross unrealized gains $ 5,700,000 $ 11,500,000                
Weighted average yield (in percent) 17.00% 14.30%                
Weighted average to maturity 1 year 10 months 2 days 9 months 18 days                
Number of options to extend maturity | option   1                
Optional extension period   2 years                
Step up in coupon rate (in percent)       0.75%            
CRT Securities                    
Debt Securities, Available-for-sale [Line Items]                    
Debt securities $ 83,200,000 $ 79,200,000                
Securities, at fair value 51,200,000 48,600,000                
Debt securities sold   15,700,000                
Realized gain   84,000                
Gross unrealized losses 0 1,200,000                
Non-Agency MBS                    
Debt Securities, Available-for-sale [Line Items]                    
Securities, at fair value 23,800,000 24,600,000                
Gross unrealized losses 128,000 0                
Residential Mortgage Securities                    
Debt Securities, Available-for-sale [Line Items]                    
Debt securities sold 18,200,000   0              
Realized gain 908,000                  
Gross unrealized losses 0                  
Allowance for credit loss $ 0 $ 0 $ 0              
[1] See Note 6 for information regarding the Company’s pledged assets.