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Net Interest Income - Components of Interest Income and Interest Expense (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest income $ 68,920 $ 52,323 $ 195,441 $ 154,548
Interest expense 54,699 21,292 125,212 61,702
Total net interest income (expense) 14,221 31,031 70,229 92,846
Convertible notes        
Interest expense 0 2,810 438 8,382
Senior unsecured notes        
Senior unsecured notes 1,608 1,598 4,818 2,734
Subordinated debentures        
Subordinated debentures 704 458 1,713 1,374
Residential loans        
Interest income 32,374 20,480 89,875 60,295
Consolidated SLST | VIE, Primary Beneficiary        
Interest income 9,013 10,245 27,648 31,042
Interest expense 6,611 7,116 18,796 21,371
Residential loans held in securitization trusts        
Interest income 20,437 11,008 55,923 28,909
Total residential loans        
Interest income 61,824 41,733 173,446 120,246
Multi-family loans        
Interest income 2,862 3,449 8,646 11,980
Investment securities available for sale        
Investment securities available for sale 3,916 7,129 12,922 22,279
Other        
Other 318 12 427 43
Repurchase agreements        
Interest expense 18,448 3,110 35,625 10,884
Residential loan securitizations        
Interest expense 11,192 5,053 27,377 14,788
Non-Agency RMBS Re-Securitization        
Interest expense 0 0 0 283
Total collateralized debt obligations        
Interest expense 17,803 12,169 46,173 36,442
Mortgages payable on real estate        
Mortgages payable on real estate $ 16,136 $ 1,147 $ 36,445 $ 1,886