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Equity Investments, at Fair Value - Schedule of Income (Loss) From Investments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Schedule of Equity Method Investments [Line Items]        
Unrealized (losses) gains, net $ (67,694) $ 23,854 $ (151,353) $ 50,020
Equity investments | Single-Family Equity Ownership Interests        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 1,772 4,271 1,800 2,171
Equity investments | Joint venture equity investments in multi-family properties        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 299 0 549 0
Morrocroft Neighborhood Stabilization Fund II, LP | Equity investments | Single-Family Equity Ownership Interests        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 22 998 50 2,186
Constructive Loans, LLC | Equity investments | Single-Family Equity Ownership Interests        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 1,750 0 1,750 0
Unrealized (losses) gains, net 1,800   1,800  
Headlands Asset Management Fund III (Cayman), LP (Headlands Flagship Opportunity Fund Series I) | Equity investments | Single-Family Equity Ownership Interests        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 0 3,273 0 (15)
Headlands Asset Management Fund III (Cayman), LP (Headlands Flagship Opportunity Fund Series I) | Equity investments | Joint venture equity investments in multi-family properties        
Schedule of Equity Method Investments [Line Items]        
Unrealized (losses) gains, net 300   500  
GWR Cedars Partners, LLC | Equity investments | Joint venture equity investments in multi-family properties        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 111 0 211 0
GWR Gateway Partners, LLC | Equity investments | Joint venture equity investments in multi-family properties        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) $ 188 $ 0 $ 338 $ 0