XML 100 R83.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Real Estate Securities - Components of Carrying Value (Which Equals Fair Value) of Residential Available for Sale Securities (Details) - USD ($)
$ in Thousands
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Debt and Equity Securities, FV-NI [Line Items]      
Principal balance $ 200,545   $ 149,956
Credit reserve (19,019)   (23,436)
Unamortized discount, net (54,197)   (46,885)
Amortized cost 127,329   79,635
Gross unrealized gains 24,136   16,973
Gross unrealized losses (5,349)   (6,753)
CECL allowance (1,339) $ (1,853) (2,482)
Carrying Value 144,777   87,373
Senior      
Debt and Equity Securities, FV-NI [Line Items]      
Principal balance 21,000   0
Credit reserve 0   0
Unamortized discount, net (49)   0
Amortized cost 20,951   0
Gross unrealized gains 42   0
Gross unrealized losses (1)   0
CECL allowance 0   0
Carrying Value 20,992   0
Mezzanine      
Debt and Equity Securities, FV-NI [Line Items]      
Principal balance 15,096   0
Credit reserve 0   0
Unamortized discount, net (2,159)   0
Amortized cost 12,937   0
Gross unrealized gains 381   0
Gross unrealized losses 0   0
CECL allowance 0   0
Carrying Value 13,318   0
Subordinate      
Debt and Equity Securities, FV-NI [Line Items]      
Principal balance 164,449   149,956
Credit reserve (19,019)   (23,436)
Unamortized discount, net (51,989)   (46,885)
Amortized cost 93,441   79,635
Gross unrealized gains 23,713   16,973
Gross unrealized losses (5,348)   (6,753)
CECL allowance (1,339)   (2,482)
Carrying Value $ 110,467   $ 87,373