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Other Assets and Liabilities - Schedule of Activity and Carrying Values of REO Assets (Details)
$ in Thousands
6 Months Ended
Jun. 30, 2024
USD ($)
asset
Dec. 31, 2023
asset
Other Real Estate [Roll Forward]    
Balance at beginning of period  $ 93,599  
Transfers to REO 13,833  
Liquidations (2,461)  
Changes in fair value, net (5,086)  
Balance at End of Period 99,885  
Realized loss from liquidation $ (3,000)  
Number of REO assets | asset 46 45
Legacy Sequoia    
Other Real Estate [Roll Forward]    
Balance at beginning of period  $ 0  
Transfers to REO 0  
Liquidations 0  
Changes in fair value, net 0  
Balance at End of Period $ 0  
Number of REO assets | asset 0 0
Freddie Mac SLST    
Other Real Estate [Roll Forward]    
Balance at beginning of period  $ 3,158  
Transfers to REO 1,300  
Liquidations (2,334)  
Changes in fair value, net 403  
Balance at End of Period $ 2,527  
Number of REO assets | asset 20 28
CAFL    
Other Real Estate [Roll Forward]    
Balance at beginning of period  $ 2,684  
Transfers to REO 8,582  
Liquidations 0  
Changes in fair value, net 0  
Balance at End of Period $ 11,266  
Number of REO assets | asset 4 1
Bridge Loan    
Other Real Estate [Roll Forward]    
Balance at beginning of period  $ 87,757  
Transfers to REO 3,951  
Liquidations (127)  
Changes in fair value, net (5,489)  
Balance at End of Period $ 86,092  
Number of REO assets | asset 22 16