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Principles of Consolidation - Income (Loss) from Consolidated VIEs Accounted for as Collateralized Financing Entities (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Variable Interest Entity [Line Items]      
Interest income $ 707,854 $ 574,926 $ 571,916
Interest expense (552,400) (426,749) (448,005)
Net Interest Income 155,454 148,177 123,911
Investment fair value changes, net (175,558) 128,049 (588,438)
Total non-interest (loss) income, net (162,679) 393,804 (475,354)
General and administrative expenses (140,908) (165,218) (113,498)
Net (Loss) Income (163,520) 319,613 (581,847)
Variable Interest Entity, Primary Beneficiary      
Variable Interest Entity [Line Items]      
Interest income 495,956 400,292 391,191
Interest expense (380,213) (310,795) (310,141)
Net Interest Income 115,743 89,497 81,050
Investment fair value changes, net (146,574) 90,121 (167,856)
Other income 1,014 72  
Total non-interest (loss) income, net (145,560) 90,193 (167,856)
General and administrative expenses (189) (283) (867)
Other expenses (1,695) (1,689) 193
Net (Loss) Income (31,701) 177,718 (87,480)
Legacy Sequoia | Variable Interest Entity, Primary Beneficiary      
Variable Interest Entity [Line Items]      
Interest income 5,672 4,709 9,061
Interest expense (5,206) (3,040) (5,945)
Net Interest Income 466 1,669 3,116
Investment fair value changes, net (1,302) (1,558) (1,512)
Other income 0 0  
Total non-interest (loss) income, net (1,302) (1,558) (1,512)
General and administrative expenses 0 0 0
Other expenses 0 0 0
Net (Loss) Income (836) 111 1,604
Sequoia | Variable Interest Entity, Primary Beneficiary      
Variable Interest Entity [Line Items]      
Interest income 126,120 74,025 87,093
Interest expense (111,060) (59,949) (73,643)
Net Interest Income 15,060 14,076 13,450
Investment fair value changes, net (23,818) 14,176 (13,244)
Other income 0 0  
Total non-interest (loss) income, net (23,818) 14,176 (13,244)
General and administrative expenses 0 0 0
Other expenses 0 0 0
Net (Loss) Income (8,758) 28,252 206
CAFL | Variable Interest Entity, Primary Beneficiary      
Variable Interest Entity [Line Items]      
Interest income 248,220 207,202 136,950
Interest expense (184,069) (160,618) (105,732)
Net Interest Income 64,151 46,584 31,218
Investment fair value changes, net (34,749) 8,521 (39,574)
Other income 1,014 72  
Total non-interest (loss) income, net (33,735) 8,593 (39,574)
General and administrative expenses 0 0 0
Other expenses 0 0 0
Net (Loss) Income 30,416 55,177 (8,356)
Freddie Mac SLST | Variable Interest Entity, Primary Beneficiary      
Variable Interest Entity [Line Items]      
Interest income 65,821 76,287 85,609
Interest expense (52,901) (64,635) (66,859)
Net Interest Income 12,920 11,652 18,750
Investment fair value changes, net (76,777) 62,374 (21,160)
Other income 0 0  
Total non-interest (loss) income, net (76,777) 62,374 (21,160)
General and administrative expenses 0 0 0
Other expenses 0 0 0
Net (Loss) Income (63,857) 74,026 (2,410)
Freddie Mac K-Series | Variable Interest Entity, Primary Beneficiary      
Variable Interest Entity [Line Items]      
Interest income 18,938 19,266 54,813
Interest expense (17,407) (17,686) (51,521)
Net Interest Income 1,531 1,580 3,292
Investment fair value changes, net 110 11,599 (81,039)
Other income 0 0  
Total non-interest (loss) income, net 110 11,599 (81,039)
General and administrative expenses 0 0 0
Other expenses 0 0 0
Net (Loss) Income 1,641 13,179 (77,747)
Servicing Investment | Variable Interest Entity, Primary Beneficiary      
Variable Interest Entity [Line Items]      
Interest income 31,185 18,803 17,665
Interest expense (9,570) (4,867) (6,441)
Net Interest Income 21,615 13,936 11,224
Investment fair value changes, net (12,953) (5,209) (11,327)
Other income 0 0  
Total non-interest (loss) income, net (12,953) (5,209) (11,327)
General and administrative expenses (189) (283) (867)
Other expenses (1,695) (1,689) 193
Net (Loss) Income 6,778 6,755 (777)
HEI | Variable Interest Entity, Primary Beneficiary      
Variable Interest Entity [Line Items]      
Interest income 0 0 0
Interest expense 0 0 0
Net Interest Income 0 0 0
Investment fair value changes, net 2,915 218 0
Other income 0 0  
Total non-interest (loss) income, net 2,915 218 0
General and administrative expenses 0 0 0
Other expenses 0 0 0
Net (Loss) Income $ 2,915 $ 218 $ 0