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Summary of Significant Accounting Policies - Schedule of Adjustments for Adoption of ASU 2019-05 (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Residential loans, net $ 3,049,166 $ 2,961,396
Equity investments 259,095 189,965
Other assets 165,824 169,214
Total assets [1] 4,655,587 23,483,369
Accumulated deficit (551,268) (148,863)
Total Stockholders' Equity $ 2,301,202 2,205,733
Cumulative Effect, Period of Adoption, Adjustment    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Multi-family loans   2,420
Equity investments   1,394
Other assets   2,755
Total assets   12,284
Accumulated deficit   12,284
Total Stockholders' Equity   12,284
Cumulative Effect, Period of Adoption, Adjusted Balance    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Multi-family loans   182,465
Equity investments   107,477
Other assets   3,620
Total assets   502,033
Accumulated deficit   (136,579)
Total Stockholders' Equity   (136,579)
Distressed And Other Residential Mortgage Loans | Cumulative Effect, Period of Adoption, Adjustment    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Residential loans, net   5,715
Distressed And Other Residential Mortgage Loans | Cumulative Effect, Period of Adoption, Adjusted Balance    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Residential loans, net   208,471
Previously Reported    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Multi-family loans   180,045
Equity investments   106,083
Other assets   865
Total assets   489,749
Accumulated deficit   (148,863)
Total Stockholders' Equity   (148,863)
Previously Reported | Distressed And Other Residential Mortgage Loans    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Residential loans, net   $ 202,756
[1] Our consolidated balance sheets include assets and liabilities of consolidated variable interest entities (“VIEs”) as the Company is the primary beneficiary of these VIEs. As of December 31, 2020 and December 31, 2019, assets of consolidated VIEs totaled $2,150,984 and $19,270,384, respectively, and the liabilities of consolidated VIEs totaled $1,667,306 and $17,878,314, respectively. See Note 7 for further discussion.