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Principles of Consolidation - Income (Loss) from Consolidated VIEs Accounted for as Collateralized Financing Entities (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2021
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Variable Interest Entity [Line Items]        
Interest income   $ 574,926 $ 571,916 $ 622,281
Interest expense   (426,749) (448,005) (479,808)
Net Interest Income   148,177 123,911 142,473
Investment fair value changes, net   128,049 (588,438) 35,500
Total non-interest income (loss), net   393,804 (475,354) 165,844
General and administrative expenses   (170,859) (115,204) (108,737)
Net Income (Loss)   319,613 (581,847) $ 169,183
Variable Interest Entity, Primary Beneficiary        
Variable Interest Entity [Line Items]        
Interest income   400,292 391,191  
Interest expense   (310,795) (310,141)  
Net Interest Income   89,497 81,050  
Investment fair value changes, net   90,121 (167,856)  
Other income $ 72      
Total non-interest income (loss), net   90,193 (167,856)  
General and administrative expenses   (283) (867)  
Other expenses   (1,689) 193  
Net Income (Loss)   177,718 (87,480)  
Legacy Sequoia | Variable Interest Entity, Primary Beneficiary        
Variable Interest Entity [Line Items]        
Interest income   4,709 9,061  
Interest expense   (3,040) (5,945)  
Net Interest Income   1,669 3,116  
Investment fair value changes, net   (1,558) (1,512)  
Other income   0    
Total non-interest income (loss), net   (1,558) (1,512)  
General and administrative expenses   0 0  
Other expenses   0 0  
Net Income (Loss)   111 1,604  
Sequoia | Variable Interest Entity, Primary Beneficiary        
Variable Interest Entity [Line Items]        
Interest income   74,025 87,093  
Interest expense   (59,949) (73,643)  
Net Interest Income   14,076 13,450  
Investment fair value changes, net   14,176 (13,244)  
Other income   0    
Total non-interest income (loss), net   14,176 (13,244)  
General and administrative expenses   0 0  
Other expenses   0 0  
Net Income (Loss)   28,252 206  
CAFL(1) | Variable Interest Entity, Primary Beneficiary        
Variable Interest Entity [Line Items]        
Interest income   207,202 136,950  
Interest expense   (160,618) (105,732)  
Net Interest Income   46,584 31,218  
Investment fair value changes, net   8,521 (39,574)  
Other income   72    
Total non-interest income (loss), net   8,593 (39,574)  
General and administrative expenses   0 0  
Other expenses   0 0  
Net Income (Loss)   55,177 (8,356)  
Freddie Mac SLST(1) | Variable Interest Entity, Primary Beneficiary        
Variable Interest Entity [Line Items]        
Interest income   76,287 85,609  
Interest expense   (64,635) (66,859)  
Net Interest Income   11,652 18,750  
Investment fair value changes, net   62,374 (21,160)  
Other income   0    
Total non-interest income (loss), net   62,374 (21,160)  
General and administrative expenses   0 0  
Other expenses   0 0  
Net Income (Loss)   74,026 (2,410)  
Freddie Mac K-Series | Variable Interest Entity, Primary Beneficiary        
Variable Interest Entity [Line Items]        
Interest income   19,266 54,813  
Interest expense   (17,686) (51,521)  
Net Interest Income   1,580 3,292  
Investment fair value changes, net   11,599 (81,039)  
Other income   0    
Total non-interest income (loss), net   11,599 (81,039)  
General and administrative expenses   0 0  
Other expenses   0 0  
Net Income (Loss)   13,179 (77,747)  
Servicing Investment | Variable Interest Entity, Primary Beneficiary        
Variable Interest Entity [Line Items]        
Interest income   18,803 17,665  
Interest expense   (4,867) (6,441)  
Net Interest Income   13,936 11,224  
Investment fair value changes, net   (5,209) (11,327)  
Other income   0    
Total non-interest income (loss), net   (5,209) (11,327)  
General and administrative expenses   (283) (867)  
Other expenses   (1,689) 193  
Net Income (Loss)   6,755 $ (777)  
Point HEI | Variable Interest Entity, Primary Beneficiary        
Variable Interest Entity [Line Items]        
Interest income   0    
Interest expense   0    
Net Interest Income   0    
Investment fair value changes, net   218    
Other income $ 0      
Total non-interest income (loss), net   218    
General and administrative expenses   0    
Other expenses   0    
Net Income (Loss)   $ 218