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Subseqent Events	12 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On January 11, 2019, the Company issued 14,490,000 shares of its common stock through an underwritten public offering at a public offering price of $5.96 per share, resulting in total net proceeds to the Company of $83.8 million after deducting underwriting discounts and commissions and offering expenses. On February 5, 2019, The Clusters completed the sale of its multi-family apartment community and redeemed the Company's preferred equity investment. Any gain or loss recognized on the sale will be fully allocated to net income attributable to non-controlling interest in consolidated variable interest entities on the Company's consolidated statements of operations. The Company de-consolidated The Clusters as of the date of the sale. On February 14, 2019, the Company amended and restated the pricing side letter to a master repurchase agreement with Deutsche Bank AG, Cayman Islands Branch. The pricing side letter increased the maximum aggregate principal amount from $50.0 million (maximum committed principal amount of $25.0 million and maximum uncommitted principal amount of $25.0 million) to a maximum uncommitted principal amount of $200.0 million and will be used to fund the purchase of residential mortgage loans, including both first and second mortgages. On February 21, 2019, the Company directed the trustee of the Company's multi-family CMBS re-securitization, with an outstanding balance of $33.2 million as of December 31, 2018, to exercise its right to redeem the re-securitization. On February 22, 2019, the trustee delivered a notice of the optional redemption of the re-securitization with a redemption date of March 14, 2019. Due to the optional redemption of the re-securitization, multi-family CMBS with a fair value of $123.2 million as of December 31, 2018, including $70.5 million of first loss PO and IOs issued by a Freddie Mac-sponsored multi-family loan K-Series securitization included in the Consolidated K-Series, will become available to the Company. In February 2019, multi-family CMBS with a fair value of $52.7 million as of December 31, 2018 were sold by the Company.

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- Definition

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 855
-URI http://asc.fasb.org/topic&trid=2122774

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