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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
Mar. 31, 2022
Mar. 31, 2021
Variable Interest Entity [Line Items]    
Interest income $ 189,400 $ 128,305
Interest expense (136,298) (102,552)
Net Interest Income 53,102 25,753
Investment fair value changes, net (6,120) 45,087
Total non-interest income, net 18,759 134,253
General and administrative expenses (34,854) (43,551)
Net Income 30,915 97,257
Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Interest income 140,316 94,871
Interest expense (107,470) (75,005)
Net Interest Income 32,846 19,866
Investment fair value changes, net 1,371 15,705
Other income 90  
Total non-interest income, net 1,461 15,705
General and administrative expenses (31) (38)
Other expenses (551) 330
Net Income 33,725 35,203
Legacy Sequoia | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Interest income 1,012 1,348
Interest expense (701) (875)
Net Interest Income 311 473
Investment fair value changes, net (714) (699)
Other income 0  
Total non-interest income, net (714) (699)
General and administrative expenses 0 0
Other expenses 0 0
Net Income (403) (226)
Sequoia | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Interest income 32,098 15,483
Interest expense (28,171) (12,106)
Net Interest Income 3,927 3,377
Investment fair value changes, net (3,822) 4,898
Other income 0  
Total non-interest income, net (3,822) 4,898
General and administrative expenses 0 0
Other expenses 0 0
Net Income 105 8,275
CAFL | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Interest income 77,334 48,873
Interest expense (58,480) (39,011)
Net Interest Income 18,854 9,862
Investment fair value changes, net 2,664 (286)
Other income 90  
Total non-interest income, net 2,754 (286)
General and administrative expenses 0 0
Other expenses 0 0
Net Income 21,608 9,576
Freddie Mac SLST | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Interest income 17,200 20,159
Interest expense (14,085) (17,371)
Net Interest Income 3,115 2,788
Investment fair value changes, net 3,036 4,117
Other income 0  
Total non-interest income, net 3,036 4,117
General and administrative expenses 0 0
Other expenses 0 0
Net Income 6,151 6,905
Freddie Mac K-Series | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Interest income 4,753 4,786
Interest expense (4,371) (4,356)
Net Interest Income 382 430
Investment fair value changes, net 264 8,921
Other income 0  
Total non-interest income, net 264 8,921
General and administrative expenses 0 0
Other expenses 0 0
Net Income 646 9,351
Servicing Investment | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Interest income 7,919 4,222
Interest expense (1,662) (1,286)
Net Interest Income 6,257 2,936
Investment fair value changes, net (3,468) (1,246)
Other income 0  
Total non-interest income, net (3,468) (1,246)
General and administrative expenses (31) (38)
Other expenses (551) 330
Net Income 2,207 1,322
HEI | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Interest income 0 0
Interest expense 0 0
Net Interest Income 0 0
Investment fair value changes, net 3,411 0
Other income 0  
Total non-interest income, net 3,411 0
General and administrative expenses 0 0
Other expenses 0 0
Net Income $ 3,411 $ 0