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CONDENSED CONSOLIDATED BALANCE SHEETS - (Parenthetical) - USD ($)
Mar. 31, 2023
Feb. 22, 2023
Feb. 21, 2023
Dec. 31, 2022
Common stock, par value (in usd per share) $ 0.01     $ 0.01
Common stock, shares authorized (in shares) 200,000,000 200,000,000 800,000,000 200,000,000
Common stock, shares, issued (in shares) 91,180,096     91,193,688
Common stock, shares outstanding (in shares) 91,180,096     91,193,688
Assets [1] $ 6,170,249,000     $ 6,240,745,000
Total liabilities [1] 4,346,957,000     4,376,634,000
VIE, Primary Beneficiary        
Assets 4,258,823,000     4,261,097,000
Total liabilities $ 3,340,459,000     $ 3,403,257,000
Preferred Stock, Series Shares        
Preferred stock, par value (in dollars per share) $ 0.01     $ 0.01
Preferred stock, shares authorized (in shares) 31,500,000     31,500,000
Preferred stock, shares issued (in shares) 22,265,817     22,284,994
Preferred stock, shares outstanding (in shares) 22,265,817     22,284,994
Preferred Stock, aggregate liquidation preference $ 556,645,000     $ 557,125,000
Consolidated SLST CDOs        
Carrying Value 638,513,000     634,495,000
Consolidated SLST CDOs | VIE, Primary Beneficiary        
Carrying Value 638,513,000     634,495,000
Residential collateralized debt obligations        
Carrying Value 1,390,991,000     1,468,222,000
Residential collateralized debt obligations | VIE, Primary Beneficiary        
Carrying Value $ 1,390,991,000     $ 1,468,222,000
[1] Our condensed 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 March 31, 2023 and December 31, 2022, assets of consolidated VIEs totaled $4,258,823 and $4,261,097, respectively, and the liabilities of consolidated VIEs totaled $3,340,459 and $3,403,257, respectively. See Note 7 for further discussion.