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Financing Agreements - Pledged Collateral (Details) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Asset Pledged as Collateral with Right    
Debt Instrument [Line Items]    
Fair value of securities pledged as collateral under financing agreements $ 10,002,392 $ 9,710,754
Accrued interest 31,800 36,400
Securitized | Asset Pledged as Collateral with Right    
Debt Instrument [Line Items]    
Fair value of securities pledged as collateral under financing agreements 6,322,900 5,730,063
Non-Mark-to-Market | Asset Pledged as Collateral with Right    
Debt Instrument [Line Items]    
Fair value of securities pledged as collateral under financing agreements 853,645 1,513,904
Mark-to-Market | Asset Pledged as Collateral with Right    
Debt Instrument [Line Items]    
Fair value of securities pledged as collateral under financing agreements 2,825,847 2,466,787
Residential whole loans | Asset Pledged as Collateral with Right    
Debt Instrument [Line Items]    
Fair value of securities pledged as collateral under financing agreements 8,942,508 8,944,307
Residential whole loans | Securitized | Asset Pledged as Collateral with Right    
Debt Instrument [Line Items]    
Fair value of securities pledged as collateral under financing agreements 6,313,277 5,696,729
Residential whole loans | Non-Mark-to-Market | Asset Pledged as Collateral with Right    
Debt Instrument [Line Items]    
Fair value of securities pledged as collateral under financing agreements 853,645 1,513,904
Residential whole loans | Mark-to-Market | Asset Pledged as Collateral with Right    
Debt Instrument [Line Items]    
Fair value of securities pledged as collateral under financing agreements 1,775,586 1,733,674
Securities, at fair value | Asset Pledged as Collateral with Right    
Debt Instrument [Line Items]    
Fair value of securities pledged as collateral under financing agreements 982,665 689,818
Securities, at fair value | Securitized | Asset Pledged as Collateral with Right    
Debt Instrument [Line Items]    
Fair value of securities pledged as collateral under financing agreements 0 0
Securities, at fair value | Non-Mark-to-Market | Asset Pledged as Collateral with Right    
Debt Instrument [Line Items]    
Fair value of securities pledged as collateral under financing agreements 0 0
Securities, at fair value | Mark-to-Market | Asset Pledged as Collateral with Right    
Debt Instrument [Line Items]    
Fair value of securities pledged as collateral under financing agreements 982,665 689,818
Other assets: REO | Asset Pledged as Collateral with Right    
Debt Instrument [Line Items]    
Fair value of securities pledged as collateral under financing agreements 77,219 76,629
Other assets: REO | Securitized | Asset Pledged as Collateral with Right    
Debt Instrument [Line Items]    
Fair value of securities pledged as collateral under financing agreements 9,623 33,334
Other assets: REO | Non-Mark-to-Market | Asset Pledged as Collateral with Right    
Debt Instrument [Line Items]    
Fair value of securities pledged as collateral under financing agreements 0 0
Other assets: REO | Mark-to-Market | Asset Pledged as Collateral with Right    
Debt Instrument [Line Items]    
Fair value of securities pledged as collateral under financing agreements 67,596 43,295
Non-agency MBS | Mark-to-Market    
Debt Instrument [Line Items]    
Fair value of securities pledged as collateral under financing agreements 521,200 465,600
Securities Sold under Agreements to Repurchase $ 394,700 $ 327,200