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Repurchase Agreements - Narrative (Details)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2024
USD ($)
counterparty
Dec. 31, 2023
USD ($)
counterparty
Sep. 30, 2023
USD ($)
Assets Sold under Agreements to Repurchase [Line Items]      
Cash and cash equivalents $ 195,066 $ 187,107 $ 228,333
Securities borrowed $ 203,726    
Number of counterparties with amounts outstanding under repurchase agreements | counterparty 8 7  
Repurchase agreements, number of counterparties | counterparty 5    
Financings under repurchase agreements, aggregate outstanding balance $ 526,800    
Accrued interest payable $ 19,800 $ 13,600  
Weighted average advance rate 95.70% 93.40%  
Average interest rate haircut 4.30% 6.60%  
Average days to maturity 45 days 46 days  
Weighted average interest rate 5.23% 5.66%  
Interest Rate Caps      
Assets Sold under Agreements to Repurchase [Line Items]      
Repurchase agreements, number of counterparties | counterparty 1    
Residential Loans      
Assets Sold under Agreements to Repurchase [Line Items]      
Securities borrowed $ 107,200    
Number of counterparties with amounts outstanding under repurchase agreements | counterparty 6    
Residential Loans, Real Estate Owned and Single-Family Rental Properties      
Assets Sold under Agreements to Repurchase [Line Items]      
Accrued interest payable $ 4,300 $ 3,700  
Agency RMBS      
Assets Sold under Agreements to Repurchase [Line Items]      
Securities borrowed $ 160,476    
Average interest rate haircut 4.20%    
Non-Agency RMBS      
Assets Sold under Agreements to Repurchase [Line Items]      
Securities borrowed $ 43,250    
Average interest rate haircut 26.00%    
U.S. Treasury securities      
Assets Sold under Agreements to Repurchase [Line Items]      
Average interest rate haircut 1.40%    
Repurchase Agreements      
Assets Sold under Agreements to Repurchase [Line Items]      
Cash and cash equivalents $ 188,900    
Securities borrowed $ 203,700    
Atlas SP      
Assets Sold under Agreements to Repurchase [Line Items]      
Repurchase agreement percentage at risk 6.84%