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Net Interest Income - Components of Interest Income and Interest Expense (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Interest income $ 68,020 $ 52,186 $ 126,521 $ 102,225
Interest expense 41,891 20,711 70,513 40,410
Total net interest income (expense) 26,129 31,475 56,008 61,815
Convertible notes        
Interest expense 0 2,788 438 5,572
Senior unsecured notes        
Senior unsecured notes 1,607 1,136 3,210 1,136
Subordinated debentures        
Subordinated debentures 550 459 1,008 916
Residential loans        
Interest income 32,669 20,155 57,502 39,816
Consolidated SLST | VIE, Primary Beneficiary        
Interest income 9,254 10,479 18,635 20,797
Interest expense 6,208 7,151 12,186 14,254
Residential loans held in securitization trusts        
Interest income 18,853 9,933 35,486 17,901
Total residential loans        
Interest income 60,776 40,567 111,623 78,514
Multi-family loans        
Interest income 2,834 4,130 5,785 8,531
Investment securities available for sale        
Investment securities available for sale 4,331 7,475 9,006 15,150
Other        
Other 79 14 107 30
Repurchase agreements        
Interest expense 11,647 3,732 17,178 7,774
Residential loan securitizations        
Interest expense 8,728 5,015 16,185 9,735
Non-Agency RMBS Re-Securitization        
Interest expense 0 0 0 283
Total collateralized debt obligations        
Interest expense 14,936 12,166 28,371 24,272
Mortgages payable on real estate        
Mortgages payable on real estate $ 13,151 $ 430 $ 20,308 $ 740