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Fair Value of Financial Instruments - Schedule of Quantitative Information Regarding Significant and Unobservable Inputs Used in the Valuation of Level 3 Assets and Liabilities Measured at Fair Value (Details)
$ in Thousands
9 Months Ended
Sep. 30, 2024
USD ($)
Dec. 31, 2023
USD ($)
VIE, Primary Beneficiary    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Carrying Value $ 275,200  
Consolidated SLST    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Carrying Value 1,900,228 $ 593,737
Consolidated SLST | VIE, Primary Beneficiary    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Carrying Value 1,900,228 593,737
Consolidated SLST | VIE, Primary Beneficiary    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Variable interest entity, primary beneficiary, maximum loss exposure, amount 157,500 $ 157,200
Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, at fair value 3,777,144  
Level 3 | Equity investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair Value $ 100,378  
Level 3 | Loss severity | Valuation Technique, Discounted Cash Flow | Weighted Average | Equity investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Equity method investment, measurement input 0  
Level 3 | Discount rate | Valuation Technique, Discounted Cash Flow | Weighted Average | Equity investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Equity method investment, measurement input 0.149  
Level 3 | Discount rate | Valuation Technique, Discounted Cash Flow | Minimum | Equity investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Equity method investment, measurement input 0.130  
Level 3 | Discount rate | Valuation Technique, Discounted Cash Flow | Maximum | Equity investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Equity method investment, measurement input 0.175  
Level 3 | Months to assumed redemption | Valuation Technique, Discounted Cash Flow | Weighted Average | Equity investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Financial instruments owned, assumed redemption period (in months) 13 months  
Level 3 | Months to assumed redemption | Valuation Technique, Discounted Cash Flow | Minimum | Equity investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Financial instruments owned, assumed redemption period (in months) 6 months  
Level 3 | Months to assumed redemption | Valuation Technique, Discounted Cash Flow | Maximum | Equity investments    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Financial instruments owned, assumed redemption period (in months) 36 months  
Level 3 | Residential loans and residential loans held in securitization trusts | Valuation Technique, Discounted Cash Flow    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, at fair value $ 2,591,044  
Level 3 | Residential loans and residential loans held in securitization trusts | Valuation Technique, Liquidation Model    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, at fair value $ 177,517  
Level 3 | Residential loans and residential loans held in securitization trusts | Lifetime CPR | Valuation Technique, Discounted Cash Flow | Weighted Average    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 0.072  
Level 3 | Residential loans and residential loans held in securitization trusts | Lifetime CPR | Valuation Technique, Discounted Cash Flow | Minimum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 0  
Level 3 | Residential loans and residential loans held in securitization trusts | Lifetime CPR | Valuation Technique, Discounted Cash Flow | Maximum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 0.577  
Level 3 | Residential loans and residential loans held in securitization trusts | Lifetime CDR | Valuation Technique, Discounted Cash Flow | Weighted Average    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 0.006  
Level 3 | Residential loans and residential loans held in securitization trusts | Lifetime CDR | Valuation Technique, Discounted Cash Flow | Minimum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 0  
Level 3 | Residential loans and residential loans held in securitization trusts | Lifetime CDR | Valuation Technique, Discounted Cash Flow | Maximum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 0.349  
Level 3 | Residential loans and residential loans held in securitization trusts | Loss severity | Valuation Technique, Discounted Cash Flow | Weighted Average    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 0.107  
Level 3 | Residential loans and residential loans held in securitization trusts | Loss severity | Valuation Technique, Discounted Cash Flow | Minimum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 0  
Level 3 | Residential loans and residential loans held in securitization trusts | Loss severity | Valuation Technique, Discounted Cash Flow | Maximum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 1.000  
Level 3 | Residential loans and residential loans held in securitization trusts | Yield | Valuation Technique, Discounted Cash Flow | Weighted Average    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 0.074  
Level 3 | Residential loans and residential loans held in securitization trusts | Yield | Valuation Technique, Discounted Cash Flow | Minimum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 0.053  
Level 3 | Residential loans and residential loans held in securitization trusts | Yield | Valuation Technique, Discounted Cash Flow | Maximum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 0.307  
Level 3 | Residential loans and residential loans held in securitization trusts | Yield | Valuation Technique, Liquidation Model | Weighted Average    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 0.076  
Level 3 | Residential loans and residential loans held in securitization trusts | Yield | Valuation Technique, Liquidation Model | Minimum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 0.075  
Level 3 | Residential loans and residential loans held in securitization trusts | Yield | Valuation Technique, Liquidation Model | Maximum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 0.267  
Level 3 | Residential loans and residential loans held in securitization trusts | Annual home price appreciation/(depreciation) | Valuation Technique, Liquidation Model | Weighted Average    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 0.005  
Level 3 | Residential loans and residential loans held in securitization trusts | Annual home price appreciation/(depreciation) | Valuation Technique, Liquidation Model | Minimum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input (0.004)  
Level 3 | Residential loans and residential loans held in securitization trusts | Annual home price appreciation/(depreciation) | Valuation Technique, Liquidation Model | Maximum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 0.120  
Level 3 | Residential loans and residential loans held in securitization trusts | Liquidation timeline (months) | Valuation Technique, Liquidation Model | Weighted Average    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 17  
Level 3 | Residential loans and residential loans held in securitization trusts | Liquidation timeline (months) | Valuation Technique, Liquidation Model | Minimum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 9  
Level 3 | Residential loans and residential loans held in securitization trusts | Liquidation timeline (months) | Valuation Technique, Liquidation Model | Maximum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 54  
Level 3 | Residential loans and residential loans held in securitization trusts | Property value | Valuation Technique, Liquidation Model | Weighted Average    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 2,064,973  
Level 3 | Residential loans and residential loans held in securitization trusts | Property value | Valuation Technique, Liquidation Model | Minimum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 13,000  
Level 3 | Residential loans and residential loans held in securitization trusts | Property value | Valuation Technique, Liquidation Model | Maximum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, measurement input 12,750,000  
Level 3 | Multi-family loans    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, at fair value $ 87,614  
Level 3 | Multi-family loans | Loss severity | Valuation Technique, Discounted Cash Flow | Weighted Average    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Financial instruments owned, measurement input 0  
Level 3 | Multi-family loans | Discount rate | Valuation Technique, Discounted Cash Flow | Weighted Average    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Financial instruments owned, measurement input 0.125  
Level 3 | Multi-family loans | Discount rate | Valuation Technique, Discounted Cash Flow | Minimum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Financial instruments owned, measurement input 0.110  
Level 3 | Multi-family loans | Discount rate | Valuation Technique, Discounted Cash Flow | Maximum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Financial instruments owned, measurement input 0.205  
Level 3 | Multi-family loans | Months to assumed redemption | Valuation Technique, Discounted Cash Flow | Weighted Average    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Financial instruments owned, assumed redemption period (in months) 28 months  
Level 3 | Multi-family loans | Months to assumed redemption | Valuation Technique, Discounted Cash Flow | Minimum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Financial instruments owned, assumed redemption period (in months) 4 months  
Level 3 | Multi-family loans | Months to assumed redemption | Valuation Technique, Discounted Cash Flow | Maximum    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Financial instruments owned, assumed redemption period (in months) 51 months  
Level 3 | Consolidated SLST | VIE, Primary Beneficiary    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans receivable, at fair value $ 1,008,583  
Variable interest entity, primary beneficiary, maximum loss exposure, amount 157,500  
Level 3 | Consolidated SLST | Consolidated SLST | VIE, Primary Beneficiary    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Carrying Value $ 845,811  
Level 3 | Consolidated SLST | Loss severity | Valuation Technique, Discounted Cash Flow | Weighted Average | Consolidated SLST | VIE, Primary Beneficiary    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Debt, measurement input 0.203  
Level 3 | Consolidated SLST | Loss severity | Valuation Technique, Discounted Cash Flow | Minimum | Consolidated SLST | VIE, Primary Beneficiary    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Debt, measurement input 0.143  
Level 3 | Consolidated SLST | Loss severity | Valuation Technique, Discounted Cash Flow | Maximum | Consolidated SLST | VIE, Primary Beneficiary    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Debt, measurement input 0.792  
Level 3 | Consolidated SLST | Yield | Valuation Technique, Discounted Cash Flow | Weighted Average | Consolidated SLST | VIE, Primary Beneficiary    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Debt, measurement input 0.052  
Level 3 | Consolidated SLST | Yield | Valuation Technique, Discounted Cash Flow | Minimum | Consolidated SLST | VIE, Primary Beneficiary    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Debt, measurement input 0.040  
Level 3 | Consolidated SLST | Yield | Valuation Technique, Discounted Cash Flow | Maximum | Consolidated SLST | VIE, Primary Beneficiary    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Debt, measurement input 0.160  
Level 3 | Consolidated SLST | Collateral prepayment rate | Valuation Technique, Discounted Cash Flow | Weighted Average | Consolidated SLST | VIE, Primary Beneficiary    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Debt, measurement input 0.062  
Level 3 | Consolidated SLST | Collateral prepayment rate | Valuation Technique, Discounted Cash Flow | Minimum | Consolidated SLST | VIE, Primary Beneficiary    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Debt, measurement input 0.026  
Level 3 | Consolidated SLST | Collateral prepayment rate | Valuation Technique, Discounted Cash Flow | Maximum | Consolidated SLST | VIE, Primary Beneficiary    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Debt, measurement input 0.071  
Level 3 | Consolidated SLST | Collateral default rate | Valuation Technique, Discounted Cash Flow | Weighted Average | Consolidated SLST | VIE, Primary Beneficiary    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Debt, measurement input 0.013  
Level 3 | Consolidated SLST | Collateral default rate | Valuation Technique, Discounted Cash Flow | Minimum | Consolidated SLST | VIE, Primary Beneficiary    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Debt, measurement input 0  
Level 3 | Consolidated SLST | Collateral default rate | Valuation Technique, Discounted Cash Flow | Maximum | Consolidated SLST | VIE, Primary Beneficiary    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Debt, measurement input 0.085