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Business Purpose Residential Loans (Details)
2 Months Ended 3 Months Ended 4 Months Ended 6 Months Ended
Jun. 30, 2019
USD ($)
loan
Dec. 31, 2018
USD ($)
loan
Feb. 28, 2019
USD ($)
Jun. 30, 2019
USD ($)
loan
Jun. 30, 2019
USD ($)
loan
Jun. 30, 2019
USD ($)
loan
Jun. 30, 2018
USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Purchases of held-for-sale loans           $ 2,534,886,000 $ 3,772,494,000
Proceeds from sales of held-for-sale loans           2,123,794,000 2,966,508,000
Transfer to REO           5,098,000 $ 1,835,000
Total Business Purpose Residential Loans              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Proceeds from loan originations       $ 134,000,000      
Proceeds from loan originations to third parties       23,000,000      
Market valuations gains and losses, net         $ 1,000,000    
Fee income         3,000,000    
Residential loans $ 250,854,000 $ 141,258,000   250,854,000 250,854,000 250,854,000  
Single-family rental loans, held-for-sale at fair value              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Residential loans $ 91,501,000 $ 28,460,000   91,501,000 91,501,000 91,501,000  
Number of loans | loan 43 11          
Loan principal $ 87,000,000 $ 28,000,000   $ 87,000,000 $ 87,000,000 $ 87,000,000  
Number of loans past due | loan 0     0 0 0  
Purchases of held-for-sale loans     $ 19,000,000 $ 33,000,000 $ 41,000,000    
Proceeds from sales of held-for-sale loans       0      
Gain (loss) on investments       1,000,000   $ 2,000,000  
Collateral amounts $ 71,000,000 $ 28,000,000   $ 71,000,000 $ 71,000,000 $ 71,000,000  
Weighted average coupon rate 5.54%     5.54% 5.54% 5.54%  
Contract maturities           6 years  
Weighted average original loan-to-value (LTV) 66.00%     66.00% 66.00% 66.00%  
Weighted-average debt service coverage ratio           1.33  
Number of loans in foreclosure | loan   0          
Residential bridge loans, held-for-investment at fair value              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Residential loans $ 159,353,000 $ 112,798,000   $ 159,353,000 $ 159,353,000 $ 159,353,000  
Number of loans | loan 274 157          
Loan principal $ 158,000,000 $ 112,000,000   $ 158,000,000 $ 158,000,000 $ 158,000,000  
Number of loans past due | loan 11 7   11 11 11  
Purchases of held-for-sale loans     $ 10,000,000 $ 79,000,000 $ 86,000,000    
Gain (loss) on investments       (300,000)   $ (600,000)  
Collateral amounts $ 144,000,000 $ 98,000,000   $ 144,000,000 $ 144,000,000 $ 144,000,000  
Weighted average coupon rate 9.08%     9.08% 9.08% 9.08%  
Weighted average original loan-to-value (LTV) 74.00%     74.00% 74.00% 74.00%  
Unpaid principal balance on delinquent or foreclosure loans $ 12,000,000 $ 12,000,000   $ 12,000,000 $ 12,000,000 $ 12,000,000  
Number of loans in foreclosure | loan 9 4   9 9 9  
Loans in foreclosure amount $ 7,000,000 $ 11,000,000   $ 7,000,000 $ 7,000,000 $ 7,000,000  
Number of loans transferred | loan           1  
Transfer to REO           $ 5,000,000  
Weighted average original Fair Isaac Corporation (FICO) score 690     690 690 690  
Residential bridge loans, held-for-investment at fair value | Minimum              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Contract maturities           6 months  
Residential bridge loans, held-for-investment at fair value | Maximum              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Contract maturities           24 months  
Residential Bridge Loans Held-for-investment Transferred To REO              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Gain (loss) on investments       $ (100,000)   $ (400,000)  
Commitment To Fund Residential Bridge Loan              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Commitment to fund loan $ 33,000,000     $ 33,000,000 $ 33,000,000 $ 33,000,000  
Total Business Purpose Residential Loans              
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]              
Proceeds from loan originations         170,000,000    
Proceeds from loan originations to third parties         $ 44,000,000