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Repurchase Agreements - Borrowings Under Financing Arrangements and Associated Assets Pledged as Collateral (Details) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]    
Fair Value of Loans Pledged $ 3,273,807 $ 3,049,166
Residential loans    
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]    
Maximum Aggregate Uncommitted Principal Amount 1,257,003 1,301,389
Outstanding Repurchase Agreements 335,434 407,213
Net Deferred Finance Costs (878) (1,682)
Fair Value of Loans Pledged $ 492,860 $ 575,380
Weighted Average Rate 2.82% 2.92%
Weighted Average Months to Maturity 3 years 2 months 26 days 11 years 11 months 1 day
Residential loans | Repurchase agreements    
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]    
Carrying Value of Repurchase Agreements $ 334,556 $ 405,531
Residential loans | Repurchase Agreement, Non Mark-to Market    
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]    
Outstanding Repurchase Agreements $ 16,600 $ 49,800
Weighted Average Rate 4.00% 4.00%
Weighted Average Months to Maturity 5 years 10 days 8 years 9 months 18 days