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Net Interest Income (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Interest income $ 90,775 $ 57,540 $ 174,666 $ 114,676
Interest expense 71,731 42,404 137,759 81,739
Total net interest income 19,044 15,136 36,907 32,937
Senior unsecured notes        
Senior unsecured notes 1,676 1,618 3,302 3,232
Subordinated debentures        
Subordinated debentures 1,071 1,023 2,144 1,985
Residential loans        
Interest income 11,798 12,290 23,486 29,244
Consolidated SLST | VIE, Primary Beneficiary        
Interest income 9,154 8,440 17,281 17,173
Interest expense 6,752 5,966 12,553 12,280
Residential loans held in securitization trusts        
Interest income 30,101 25,136 57,032 49,857
Total residential loans        
Interest income 51,053 45,866 97,799 96,274
Investment securities available for sale        
Investment securities available for sale 35,450 7,491 68,354 10,659
Multi-family loans        
Interest income 2,669 2,742 5,311 5,179
Other        
Other 1,603 1,441 3,202 2,564
Repurchase agreements        
Interest expense 41,580 16,847 80,733 29,915
Residential Loan Securitizations        
Interest expense 20,652 16,950 39,027 34,327
Total collateralized debt obligations        
Interest expense $ 27,404 $ 22,916 $ 51,580 $ 46,607