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Equity Investments, at Fair Value - Schedule of Income From Multi-Family Preferred Equity Ownership Interests (Details) - Multi-Family Preferred Equity Ownership Interests - Equity investments - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) $ 5,775 $ 5,499
Somerset Deerfield Investor, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 587 466
RS SWD Owner, LLC, RS SWD Mitchell Owner, LLC, RS SWD IF Owner, LLC, RS SWD Mullis Owner, LLC, RS SWD JH Mullis Owner, LLC and RS SWD Saltzman Owner, LLC (collectively)    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 159 124
Walnut Creek Properties Holdings, L.L.C.    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) (153) 277
DCP Gold Creek, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 853 202
1122 Chicago DE, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 237 221
Rigsbee Ave Holdings, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) (174) 320
Bighaus, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 465 436
FF/RMI 20 Midtown, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 798 746
Lurin-RMI, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 280 236
Palms at Cape Coral, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 155 0
America Walks at Port St. Lucie, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 902 0
EHOF-NYMT Sunset Apartments Preferred, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 549 0
Lucie at Tradition Holdings, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 601 0
Syracuse Apartments and Townhomes, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 516 0
BBA-EP320 II, L.L.C., BBA-Ten10 II, L.L.C., and Lexington on the Green Apartments, L.L.C. (collectively)    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 0 347
Audubon Mezzanine Holdings, L.L.C. (Series A)    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 0 364
EP 320 Growth Fund, L.L.C. (Series A) and Turnbury Park Apartments - BC, L.L.C. (Series A) (collectively)    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 0 179
Towers Property Holdings, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 0 379
Mansions Property Holdings, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 0 365
Sabina Montgomery Holdings, LLC - Series B and Oakley Shoals Apartments, LLC - Series A (collectively)    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 0 135
Gen1814, LLC - Series A, Highlands - Mtg. Holdings, LLC - Series A, and Polos at Hudson Investments, LLC - Series A (collectively)    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 0 314
Axis Apartments Holdings, LLC, Arbor-Stratford Holdings II, LLC - Series B, Highlands - Mtg. Holdings, LLC - Series B, Oakley Shoals Apartments, LLC - Series C, and Woodland Park Apartments II, LLC (collectively)    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) $ 0 $ 388