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Net Interest Income (Tables)
 12 Months Ended
Dec. 31, 2021
Banking and Thrift, Interest [Abstract]  
Interest Income and Interest Expense Disclosure
The following table details the components of the Company's interest income and interest expense for the years ended December 31, 2021, 2020 and 2019, respectively (dollar amounts in thousands):
For the Years Ended December 31,
202120202019
Interest income
   Residential loans
Residential loans$83,852 $69,170 $63,031 
Consolidated SLST40,944 45,194 4,764 
Residential loans held in securitization trusts38,941 12,612 3,222 
   Total residential loans163,737 126,976 71,017 
   Multi-family loans
Preferred equity and mezzanine loan investments15,321 20,899 20,899 
Consolidated K-Series— 151,841 535,226 
   Total multi-family loans15,321 172,740 556,125 
Investment securities available for sale27,750 49,925 65,486 
   Other58 520 1,986 
Total interest income206,866 350,161 694,614 
Interest expense
   Repurchase agreements13,844 37,334 90,110 
   Collateralized debt obligations
Consolidated SLST28,135 31,663 2,945 
Consolidated K-Series— 129,762 457,130 
Residential loan securitizations19,660 6,967 1,682 
Non-Agency RMBS and CMBS re-securitizations283 3,290 494 
   Total collateralized debt obligations48,078 171,682 462,251 
Convertible debt11,196 10,997 10,813 
Senior unsecured notes4,335 — — 
Subordinated debentures1,831 2,187 2,865 
Derivatives— 868 711 
Mortgages payable on operating real estate3,964 — — 
Total interest expense83,248 223,068 566,750 
Net interest income$123,618 $127,093 $127,864