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Use of Special Purpose Entities (SPE) and Variable Interest Entities (VIE) - Classification and Carrying Value of Unconsolidated VIEs (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Variable Interest Entity [Line Items]    
Total assets [1] $ 6,240,745 $ 5,658,301
Equity Method Investment, Nonconsolidated Investee or Group of Investees    
Variable Interest Entity [Line Items]    
Total assets 663,049 861,402
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Total Unconsolidated Variable Interest Entities    
Variable Interest Entity [Line Items]    
Total assets 278,936 401,005
Equity Method Investment, Nonconsolidated Investee or Group of Investees | ABS    
Variable Interest Entity [Line Items]    
Total assets 856 39,679
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Non-Agency RMBS    
Variable Interest Entity [Line Items]    
Total assets 29,290 30,924
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Preferred equity investments in multi-family properties    
Variable Interest Entity [Line Items]    
Total assets 239,780 300,819
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Joint venture equity investments in multi-family properties    
Variable Interest Entity [Line Items]    
Total assets 9,010 10,440
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Equity investments in entities that invest in residential properties    
Variable Interest Entity [Line Items]    
Total assets   19,143
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Multi-family loans | Total Unconsolidated Variable Interest Entities    
Variable Interest Entity [Line Items]    
Total assets 87,534 120,021
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Multi-family loans | ABS    
Variable Interest Entity [Line Items]    
Total assets 0 0
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Multi-family loans | Non-Agency RMBS    
Variable Interest Entity [Line Items]    
Total assets 0  
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Multi-family loans | Preferred equity investments in multi-family properties    
Variable Interest Entity [Line Items]    
Total assets 87,534 120,021
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Multi-family loans | Joint venture equity investments in multi-family properties    
Variable Interest Entity [Line Items]    
Total assets 0 0
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Multi-family loans | Equity investments in entities that invest in residential properties    
Variable Interest Entity [Line Items]    
Total assets   0
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Investment securities available for sale, at fair value | Total Unconsolidated Variable Interest Entities    
Variable Interest Entity [Line Items]    
Total assets 30,146 70,603
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Investment securities available for sale, at fair value | ABS    
Variable Interest Entity [Line Items]    
Total assets 856 39,679
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Investment securities available for sale, at fair value | Non-Agency RMBS    
Variable Interest Entity [Line Items]    
Total assets 29,290 30,924
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Investment securities available for sale, at fair value | Preferred equity investments in multi-family properties    
Variable Interest Entity [Line Items]    
Total assets 0 0
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Investment securities available for sale, at fair value | Joint venture equity investments in multi-family properties    
Variable Interest Entity [Line Items]    
Total assets 0 0
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Investment securities available for sale, at fair value | Equity investments in entities that invest in residential properties    
Variable Interest Entity [Line Items]    
Total assets   0
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Equity investments | Total Unconsolidated Variable Interest Entities    
Variable Interest Entity [Line Items]    
Total assets 152,246 210,381
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Equity investments | ABS    
Variable Interest Entity [Line Items]    
Total assets 0 0
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Equity investments | Non-Agency RMBS    
Variable Interest Entity [Line Items]    
Total assets 0 0
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Equity investments | Preferred equity investments in multi-family properties    
Variable Interest Entity [Line Items]    
Total assets 152,246 180,798
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Equity investments | Joint venture equity investments in multi-family properties    
Variable Interest Entity [Line Items]    
Total assets 0 10,440
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Equity investments | Equity investments in entities that invest in residential properties    
Variable Interest Entity [Line Items]    
Total assets   $ 19,143
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Assets of disposal group held for sale | Total Unconsolidated Variable Interest Entities    
Variable Interest Entity [Line Items]    
Total assets 9,010  
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Assets of disposal group held for sale | ABS    
Variable Interest Entity [Line Items]    
Total assets 0  
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Assets of disposal group held for sale | Non-Agency RMBS    
Variable Interest Entity [Line Items]    
Total assets 0  
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Assets of disposal group held for sale | Preferred equity investments in multi-family properties    
Variable Interest Entity [Line Items]    
Total assets 0  
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Assets of disposal group held for sale | Joint venture equity investments in multi-family properties    
Variable Interest Entity [Line Items]    
Total assets $ 9,010  
[1] Our consolidated balance sheets include assets and liabilities of consolidated variable interest entities (“VIEs”) as the Company is the primary beneficiary of these VIEs. As of December 31, 2022 and December 31, 2021, assets of consolidated VIEs totaled $4,261,097 and $2,940,513, respectively, and the liabilities of consolidated VIEs totaled $3,403,257 and $2,235,665, respectively. See Note 7 for further discussion.