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Net Interest Income - Schedule of Components of Interest Income and Interest Expense (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income $ 83,892 $ 57,136
Interest expense 66,029 39,335
Total net interest income 17,863 17,801
Senior unsecured notes    
Senior unsecured notes 1,626 1,614
Subordinated debentures    
Subordinated debentures 1,073 962
Residential loans    
Interest income 11,689 16,954
Consolidated SLST | VIE, Primary Beneficiary    
Interest income 8,127 8,733
Interest expense 5,801 6,315
Residential loans held in securitization trusts    
Interest income 26,931 24,721
Total residential loans    
Interest income 46,747 50,408
Investment securities available for sale    
Investment securities available for sale 32,903 3,169
Multi-family loans    
Interest income 2,642 2,436
Other    
Other 1,600 1,123
Repurchase agreements    
Interest expense 39,153 13,068
Residential Loan Securitizations    
Interest expense 18,376 17,376
Total collateralized debt obligations    
Interest expense $ 24,177 $ 23,691