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Fair Value of Financial Instruments - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets carried at fair value    
Investment securities available for sale: $ 23,936 $ 23,645
Derivative assets:    
Interest rate caps 39,760 2,473
Derivative liabilities    
Derivative assets 2,031 2,473
Variation Margin 0  
Interest rate caps    
Derivative assets:    
Interest rate caps 2,031  
Interest rate swaps    
Derivative assets:    
Interest rate caps 37,729 2,473
Derivative liabilities    
Variation Margin 0  
Fair Value, Measurements, Recurring    
Assets carried at fair value    
Fair Value 155,583 179,746
Assets of disposal group held for sale 19,697 38,428
Total 4,871,856 3,932,820
Derivative liabilities    
Total 584,741 634,495
Fair Value, Measurements, Recurring | Interest rate caps    
Derivative assets:    
Interest rate caps 2,031 2,473
Fair Value, Measurements, Recurring | Interest rate swaps    
Derivative liabilities    
Derivative liability 0 0
Variation Margin 34,700  
Fair Value, Measurements, Recurring | Interest rate swaps | Central Clearing House    
Derivative liabilities    
Derivative liability (3,000)  
Derivative assets 37,700  
Fair Value, Measurements, Recurring | Residential loans    
Assets carried at fair value    
Residential loans, at fair value 736,939 1,081,384
Fair Value, Measurements, Recurring | Residential loans | Consolidated SLST | VIE, Primary Beneficiary    
Assets carried at fair value    
Residential loans, at fair value 742,604 827,582
Fair Value, Measurements, Recurring | Residential loans held in securitization trusts    
Assets carried at fair value    
Residential loans, at fair value 1,514,352 1,616,114
Fair Value, Measurements, Recurring | Multi-family loans    
Assets carried at fair value    
Multi-family loans 98,435 87,534
Fair Value, Measurements, Recurring | Agency RMBS    
Assets carried at fair value    
Investment securities available for sale: 1,535,004 0
Fair Value, Measurements, Recurring | Non-Agency RMBS    
Assets carried at fair value    
Investment securities available for sale: 61,563 68,570
Fair Value, Measurements, Recurring | CMBS    
Assets carried at fair value    
Investment securities available for sale: 5,648 30,133
Fair Value, Measurements, Recurring | ABS    
Assets carried at fair value    
Investment securities available for sale: 0 856
Fair Value, Measurements, Recurring | Consolidated SLST CDOs | Consolidated SLST | VIE, Primary Beneficiary    
Liabilities carried at fair value    
Consolidated SLST CDOs 584,741 634,495
Level 1 | Fair Value, Measurements, Recurring    
Assets carried at fair value    
Fair Value 0 0
Assets of disposal group held for sale 0 0
Total 0 0
Derivative liabilities    
Total 0 0
Level 1 | Fair Value, Measurements, Recurring | Interest rate caps    
Derivative assets:    
Interest rate caps 0 0
Level 1 | Fair Value, Measurements, Recurring | Interest rate swaps    
Derivative liabilities    
Derivative liability 0 0
Level 1 | Fair Value, Measurements, Recurring | Residential loans    
Assets carried at fair value    
Residential loans, at fair value 0 0
Level 1 | Fair Value, Measurements, Recurring | Residential loans | Consolidated SLST | VIE, Primary Beneficiary    
Assets carried at fair value    
Residential loans, at fair value 0 0
Level 1 | Fair Value, Measurements, Recurring | Residential loans held in securitization trusts    
Assets carried at fair value    
Residential loans, at fair value 0 0
Level 1 | Fair Value, Measurements, Recurring | Multi-family loans    
Assets carried at fair value    
Multi-family loans 0 0
Level 1 | Fair Value, Measurements, Recurring | Agency RMBS    
Assets carried at fair value    
Investment securities available for sale: 0 0
Level 1 | Fair Value, Measurements, Recurring | Non-Agency RMBS    
Assets carried at fair value    
Investment securities available for sale: 0 0
Level 1 | Fair Value, Measurements, Recurring | CMBS    
Assets carried at fair value    
Investment securities available for sale: 0 0
Level 1 | Fair Value, Measurements, Recurring | ABS    
Assets carried at fair value    
Investment securities available for sale: 0 0
Level 1 | Fair Value, Measurements, Recurring | Consolidated SLST CDOs | Consolidated SLST | VIE, Primary Beneficiary    
Liabilities carried at fair value    
Consolidated SLST CDOs 0 0
Level 2    
Assets carried at fair value    
Investment securities available for sale: 1,602,215 99,559
Derivative liabilities    
Derivative assets 2,031 2,473
Level 2 | Fair Value, Measurements, Recurring    
Assets carried at fair value    
Fair Value 0 0
Assets of disposal group held for sale 14,624 29,418
Total 1,618,870 131,450
Derivative liabilities    
Total 0 0
Level 2 | Fair Value, Measurements, Recurring | Interest rate caps    
Derivative assets:    
Interest rate caps 2,031 2,473
Level 2 | Fair Value, Measurements, Recurring | Interest rate swaps    
Derivative liabilities    
Derivative liability 0 0
Level 2 | Fair Value, Measurements, Recurring | Derivative Asset    
Assets carried at fair value    
Assets of disposal group held for sale 14,600 29,400
Level 2 | Fair Value, Measurements, Recurring | Residential loans    
Assets carried at fair value    
Residential loans, at fair value 0 0
Level 2 | Fair Value, Measurements, Recurring | Residential loans | Consolidated SLST | VIE, Primary Beneficiary    
Assets carried at fair value    
Residential loans, at fair value 0 0
Level 2 | Fair Value, Measurements, Recurring | Residential loans held in securitization trusts    
Assets carried at fair value    
Residential loans, at fair value 0 0
Level 2 | Fair Value, Measurements, Recurring | Multi-family loans    
Assets carried at fair value    
Multi-family loans 0 0
Level 2 | Fair Value, Measurements, Recurring | Agency RMBS    
Assets carried at fair value    
Investment securities available for sale:   0
Level 2 | Fair Value, Measurements, Recurring | Non-Agency RMBS    
Assets carried at fair value    
Investment securities available for sale: 61,563 68,570
Level 2 | Fair Value, Measurements, Recurring | CMBS    
Assets carried at fair value    
Investment securities available for sale: 5,648 30,133
Level 2 | Fair Value, Measurements, Recurring | ABS    
Assets carried at fair value    
Investment securities available for sale: 0 856
Level 2 | Fair Value, Measurements, Recurring | Consolidated SLST CDOs | Consolidated SLST | VIE, Primary Beneficiary    
Liabilities carried at fair value    
Consolidated SLST CDOs 0 0
Level 3    
Assets carried at fair value    
Fair Value 155,583 179,746
Level 3 | Fair Value, Measurements, Recurring    
Assets carried at fair value    
Fair Value 155,583 179,746
Assets of disposal group held for sale 5,073 9,010
Total 3,252,986 3,801,370
Derivative liabilities    
Total 584,741 634,495
Level 3 | Fair Value, Measurements, Recurring | Interest rate caps    
Derivative assets:    
Interest rate caps 0 0
Level 3 | Fair Value, Measurements, Recurring | Interest rate swaps    
Derivative liabilities    
Derivative liability 0 0
Level 3 | Fair Value, Measurements, Recurring | Residential loans    
Assets carried at fair value    
Residential loans, at fair value 736,939 1,081,384
Level 3 | Fair Value, Measurements, Recurring | Residential loans | Consolidated SLST | VIE, Primary Beneficiary    
Assets carried at fair value    
Residential loans, at fair value 742,604 827,582
Level 3 | Fair Value, Measurements, Recurring | Residential loans held in securitization trusts    
Assets carried at fair value    
Residential loans, at fair value 1,514,352 1,616,114
Level 3 | Fair Value, Measurements, Recurring | Multi-family loans    
Assets carried at fair value    
Multi-family loans 98,435 87,534
Level 3 | Fair Value, Measurements, Recurring | Agency RMBS    
Assets carried at fair value    
Investment securities available for sale: 0 0
Level 3 | Fair Value, Measurements, Recurring | Non-Agency RMBS    
Assets carried at fair value    
Investment securities available for sale: 0 0
Level 3 | Fair Value, Measurements, Recurring | CMBS    
Assets carried at fair value    
Investment securities available for sale: 0 0
Level 3 | Fair Value, Measurements, Recurring | ABS    
Assets carried at fair value    
Investment securities available for sale: 0 0
Level 3 | Fair Value, Measurements, Recurring | Consolidated SLST CDOs | Consolidated SLST | VIE, Primary Beneficiary    
Liabilities carried at fair value    
Consolidated SLST CDOs 584,741 634,495
Level 3 | Fair Value, Measurements, Recurring | Equity investments    
Assets carried at fair value    
Assets of disposal group held for sale $ 5,100 $ 9,000