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v3.24.1.u1

Securities, at Fair Value - Narrative (Details) | 3 Months Ended | 12 Months Ended |  |  |
--- | --- | --- | --- | --- | ---
Mar. 31, 2024 USD ($) | Dec. 31, 2023 USD ($) option | Oct. 31, 2023 | Mar. 31, 2023 USD ($) | Dec. 31, 2022 USD ($)
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |
Securities, at fair value | [1] | $ 736,950,000 | $ 746,090,000 |  |  |
Allowance for loan loss |  | 19,612,000 | 20,451,000 |  | $ 33,062,000 | $ 35,314,000
Securities, at fair value |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |
Securities, at fair value |  | 82,000,000 | 79,900,000 |  |  |
Amortized costs |  | 75,400,000 | 74,200,000 |  |  |
Gross unrealized gains |  | $ 6,600,000 | $ 5,700,000 |  |  |
Weighted average yield (in percent) |  | 17.00% | 17.00% |  |  |
Weighted average to maturity |  | 1 year 7 months 2 days | 1 year 10 months 2 days |  |  |
Optional extension period |  | 2 years |  |  |  |
Term Notes Backed By MSR Related Collateral |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |
Number of options to extend maturity | option |  |  | 1 |  |  |
Step up in coupon rate (in percent) |  |  |  | 0.75% |  |
CRT securities |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |
CRT securities |  | $ 84,400,000 | $ 83,200,000 |  |  |
Non-Agency MBS |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |
Securities, at fair value |  | 23,600,000 | 23,800,000 |  |  |
Gross unrealized losses |  | 300,000 | 100,000 |  |  |
CRT, Fair Value Option |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |
Securities, at fair value |  | 51,700,000 | 51,200,000 |  |  |
Debt securities, sold |  | 0 |  |  |  |
Gross unrealized losses |  | 0 | $ 0 |  |  |
AFS securities |  |  |  |  |  |
Debt Securities, Available-for-sale [Line Items] |  |  |  |  |  |
Gross unrealized losses |  | 0 |  |  |  |
Allowance for loan loss |  | $ 0 |  |  | $ 0 |
[1] | See Note 6 for information regarding the Company’s pledged assets.

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