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Residential Loans, at Fair Value - Narrative (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Realized gains (losses) on sale and payoff of residential loans $ 200 $ 2,400 $ (14,100) $ 5,500  
CDOs outstanding 7,500   7,500   $ 4,900
Purchase of senior securities     225 923  
Loss on sale of investment     148,852 $ (26,453)  
Residential loans          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Loans pledged as collateral         80,600
Unpaid principal 1,521,781   1,521,781   1,464,984
Residential loans, at fair value          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Loans pledged as collateral 1,200,000   1,200,000   881,200
90 days or greater delinquent | Residential loans          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Principal amount of delinquent loans 149,392   149,392   122,918
Residential collateralized debt obligations          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Collateralized debt obligations $ 36,700   $ 36,700   $ 40,400
Weighted average interest rate 0.80%   0.80%   2.41%
Consolidated SLST | VIE, Primary Beneficiary          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Collateralized debt obligations $ 1,088,233   $ 1,088,233   $ 1,052,829
Investment in Consolidated SLST limited to securities owned, net carrying value 185,300   185,300   276,800
Purchase of senior securities     40,000    
Proceeds from sale of investment     62,600    
Loss on sale of investment     2,400    
Unpaid principal 1,283,350   1,283,350   1,322,131
Consolidated SLST | VIE, Primary Beneficiary | Residential loans | 90 days or greater delinquent          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Principal amount of delinquent loans $ 149,100   $ 149,100   $ 50,700
Consolidated SLST | VIE, Primary Beneficiary | SLST CDOs          
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]          
Weighted average interest rate 3.53%   3.53%   3.53%
Unpaid principal $ 1,300,000   $ 1,300,000   $ 1,300,000