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Net Interest Income (Tables)
 6 Months Ended
Jun. 30, 2023
Banking and Thrift, Interest [Abstract]  
Schedule of Components of Interest Income and Interest Expense
The following table presents interest expense from the Convertible Notes for the six months ended June 30, 2022 (dollar amounts in thousands):

For the Six Months Ended June 30, 2022
Contractual interest expense$335 
Amortization of underwriter's discount and deferred charges103 
Total$438 
The following table details the components of the Company's interest income and interest expense for the three and six months ended June 30, 2023 and 2022, respectively (dollar amounts in thousands):

For the Three Months Ended
June 30,		For the Six Months Ended
June 30,
2023202220232022
Interest income
Residential loans
Residential loans$12,290 $32,669 $29,244 $57,502 
Consolidated SLST8,440 9,254 17,173 18,635 
Residential loans held in securitization trusts25,136 18,853 49,857 35,486 
Total residential loans45,866 60,776 96,274 111,623 
Multi-family loans2,742 2,834 5,179 5,785 
Investment securities available for sale7,491 4,331 10,659 9,006 
Other1,441 79 2,564 107 
Total interest income57,540 68,020 114,676 126,521 
Interest expense
Repurchase agreements16,847 11,647 29,915 17,178 
Collateralized debt obligations
Consolidated SLST5,966 6,208 12,280 12,186 
Residential loan securitizations16,950 8,728 34,327 16,185 
Total collateralized debt obligations22,916 14,936 46,607 28,371 
Convertible notes— — — 438 
Senior unsecured notes1,618 1,607 3,232 3,210 
Subordinated debentures1,023 550 1,985 1,008 
Total interest expense42,404 28,740 81,739 50,205 
Net interest income$15,136 $39,280 $32,937 $76,316