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Fair Value Measurements - Carrying Amounts and Estimated Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands | Jun. 30, 2021 | Dec. 31, 2020 | Jun. 30, 2020
--- | --- | --- | ---
Assets: |  |  |
Cash | $ 27,741 | $ 13,273 |
Restricted cash | 7,921 | 7,020 | $ 6,735
Loans held for investment, net | 2,083,753 | 1,948,089 |
Loans held for investment, at fair value | 1,370 | 1,539 |
Accrued interest receivables | 11,094 | 11,373 |
Interest-only strips | 81 | 238 |
Loans held for sale, net | 7,916 | 13,106 |
Loans held for sale, net | 7,916 | 13,106 |
Liabilities: |  |  |
Secured financing, net | 164,053 | 74,982 |
Warehouse repurchase facilities, net | 151,872 | 75,923 |
Securitizations, net | 1,558,163 | 1,579,019 | $ 1,599,719
Accrued interest payable | 5,506 | 5,503 |
Estimated Fair Value |  |  |
Assets: |  |  |
Cash | 27,741 | 13,273 |
Restricted cash | 7,921 | 7,020 |
Loans held for investment, net | 2,186,434 | 2,003,301 |
Loans held for investment, at fair value | 1,370 | 1,539 |
Accrued interest receivables | 11,094 | 11,373 |
Interest-only strips | 81 | 238 |
Loans held for sale, net | 7,916 | 13,106 |
Loans held for sale, net | 7,916 | 13,106 |
Liabilities: |  |  |
Secured financing, net | 173,031 | 78,000 |
Warehouse repurchase facilities, net | 151,872 | 75,923 |
Securitizations, net | 1,642,834 | 1,616,222 |
Accrued interest payable | 5,506 | 5,503 |
Level 1 | Estimated Fair Value |  |  |
Assets: |  |  |
Cash | 27,741 | 13,273 |
Restricted cash | 7,921 | 7,020 |
Accrued interest receivables | 11,094 | 11,373 |
Liabilities: |  |  |
Accrued interest payable | 5,506 | 5,503 |
Level 2 | Estimated Fair Value |  |  |
Liabilities: |  |  |
Warehouse repurchase facilities, net | 151,872 | 75,923 |
Level 3 | Estimated Fair Value |  |  |
Assets: |  |  |
Loans held for investment, net | 2,186,434 | 2,003,301 |
Loans held for investment, at fair value | 1,370 | 1,539 |
Interest-only strips | 81 | 238 |
Loans held for sale, net | 7,916 | 13,106 |
Loans held for sale, net | 7,916 | 13,106 |
Liabilities: |  |  |
Secured financing, net | 173,031 | 78,000 |
Securitizations, net | $ 1,642,834 | $ 1,616,222 |

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