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Schedule IV - Mortgage Loans on Real Estate (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2024
USD ($)
loan
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Carrying value $ 3,841,738 $ 3,084,303 $ 3,525,080
Principal Amount of Loans Subject to Delinquent Principal or Interest 300,138    
Reconciliation of Balance Sheet Reported Amounts of Mortgage Loans on Real Estate      
Beginning balance 3,084,303 3,525,080 3,575,601
Additions during period:      
Purchases 2,177,949 620,277 1,733,265
Accretion of purchase discount 5,539 6,689 5,292
Change in realized and unrealized gains 10,378 65,485 (404,524)
Deductions during period:      
Repayments of principal (1,179,999) (1,062,930) (1,362,294)
Transfer to REO (85,342) (42,485) (18,858)
Transfer to SFR (3,120) 0 0
Cost of loans sold (162,883) (25,144) 0
Amortization of premium (5,087) (2,669) (3,402)
Balance at end of period $ 3,841,738 3,084,303 3,525,080
Constructive Loans, LLC      
Deductions during period:      
Option to purchase issued and outstanding interests, percentage 50.00%    
Purchase of residential loans $ 307,800 $ 80,800 $ 260,600
Consolidated Mortgage Loans      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Cost of consolidated real estate for federal income tax purposes 1,900,000    
Amount acquired from controlled and other affiliates $ 6,200    
First lien loans | Consolidated SLST      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 7,246    
Carrying value $ 965,672    
Principal Amount of Loans Subject to Delinquent Principal or Interest 117,071    
Deductions during period:      
Balance at end of period $ 965,672    
First lien loans | Consolidated SLST | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 1.38%    
First lien loans | Consolidated SLST | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 10.50%    
Mortgage Loans Under $100,000 | First lien loans | Residential loans      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 188    
Carrying value $ 4,018    
Principal Amount of Loans Subject to Delinquent Principal or Interest 734    
Deductions during period:      
Balance at end of period $ 4,018    
Mortgage Loans Under $100,000 | First lien loans | Residential loans | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 0.00%    
Mortgage Loans Under $100,000 | First lien loans | Residential loans | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 14.99%    
Mortgage Loans Under $100,000 | First lien loans | Residential loans held in securitization trusts      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 1,244    
Carrying value $ 59,984    
Principal Amount of Loans Subject to Delinquent Principal or Interest 4,347    
Deductions during period:      
Balance at end of period $ 59,984    
Mortgage Loans Under $100,000 | First lien loans | Residential loans held in securitization trusts | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 0.00%    
Mortgage Loans Under $100,000 | First lien loans | Residential loans held in securitization trusts | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 14.29%    
Mortgage Loans Under $100,000 | Second lien loans | Residential loans      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 27    
Carrying value $ 916    
Principal Amount of Loans Subject to Delinquent Principal or Interest 456    
Deductions during period:      
Balance at end of period $ 916    
Mortgage Loans Under $100,000 | Second lien loans | Residential loans | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 0.00%    
Mortgage Loans Under $100,000 | Second lien loans | Residential loans | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 8.63%    
Mortgage Loans Under $100,000 | Second lien loans | Residential loans held in securitization trusts      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 121    
Carrying value $ 3,727    
Principal Amount of Loans Subject to Delinquent Principal or Interest 0    
Deductions during period:      
Balance at end of period $ 3,727    
Mortgage Loans Under $100,000 | Second lien loans | Residential loans held in securitization trusts | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 5.75%    
Mortgage Loans Under $100,000 | Second lien loans | Residential loans held in securitization trusts | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 8.75%    
Mortgage Loans Under $100,000 | Business purpose loans | Residential loans      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 369    
Carrying value $ 33,791    
Principal Amount of Loans Subject to Delinquent Principal or Interest 3,772    
Deductions during period:      
Balance at end of period $ 33,791    
Mortgage Loans Under $100,000 | Business purpose loans | Residential loans | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 5.63%    
Mortgage Loans Under $100,000 | Business purpose loans | Residential loans | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 13.25%    
Mortgage Loans Under $100,000 | Business purpose loans | Residential loans held in securitization trusts      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 928    
Carrying value $ 100,115    
Principal Amount of Loans Subject to Delinquent Principal or Interest 2,260    
Deductions during period:      
Balance at end of period $ 100,115    
Mortgage Loans Under $100,000 | Business purpose loans | Residential loans held in securitization trusts | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 4.00%    
Mortgage Loans Under $100,000 | Business purpose loans | Residential loans held in securitization trusts | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 14.19%    
Mortgage Loans Between $100,000 - $199,999 | First lien loans | Residential loans      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 84    
Carrying value $ 9,144    
Principal Amount of Loans Subject to Delinquent Principal or Interest 1,313    
Deductions during period:      
Balance at end of period $ 9,144    
Mortgage Loans Between $100,000 - $199,999 | First lien loans | Residential loans | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 2.00%    
Mortgage Loans Between $100,000 - $199,999 | First lien loans | Residential loans | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 11.38%    
Mortgage Loans Between $100,000 - $199,999 | First lien loans | Residential loans held in securitization trusts      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 1,880    
Carrying value $ 191,063    
Principal Amount of Loans Subject to Delinquent Principal or Interest 10,586    
Deductions during period:      
Balance at end of period $ 191,063    
Mortgage Loans Between $100,000 - $199,999 | First lien loans | Residential loans held in securitization trusts | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 0.00%    
Mortgage Loans Between $100,000 - $199,999 | First lien loans | Residential loans held in securitization trusts | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 14.75%    
Mortgage Loans Between $100,000 - $199,999 | Second lien loans | Residential loans      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 1    
Carrying value $ 36    
Principal Amount of Loans Subject to Delinquent Principal or Interest 0    
Deductions during period:      
Balance at end of period $ 36    
Mortgage Loans Between $100,000 - $199,999 | Second lien loans | Residential loans | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 7.25%    
Mortgage Loans Between $100,000 - $199,999 | Second lien loans | Residential loans | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 7.25%    
Mortgage Loans Between $100,000 - $199,999 | Second lien loans | Residential loans held in securitization trusts      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 8    
Carrying value $ 879    
Principal Amount of Loans Subject to Delinquent Principal or Interest 0    
Deductions during period:      
Balance at end of period $ 879    
Mortgage Loans Between $100,000 - $199,999 | Second lien loans | Residential loans held in securitization trusts | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 6.25%    
Mortgage Loans Between $100,000 - $199,999 | Second lien loans | Residential loans held in securitization trusts | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 8.63%    
Mortgage Loans Between $100,000 - $199,999 | Business purpose loans | Residential loans      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 533    
Carrying value $ 81,157    
Principal Amount of Loans Subject to Delinquent Principal or Interest 9,804    
Deductions during period:      
Balance at end of period $ 81,157    
Mortgage Loans Between $100,000 - $199,999 | Business purpose loans | Residential loans | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 4.25%    
Mortgage Loans Between $100,000 - $199,999 | Business purpose loans | Residential loans | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 13.25%    
Mortgage Loans Between $100,000 - $199,999 | Business purpose loans | Residential loans held in securitization trusts      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 1,396    
Carrying value $ 213,140    
Principal Amount of Loans Subject to Delinquent Principal or Interest 2,432    
Deductions during period:      
Balance at end of period $ 213,140    
Mortgage Loans Between $100,000 - $199,999 | Business purpose loans | Residential loans held in securitization trusts | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 3.75%    
Mortgage Loans Between $100,000 - $199,999 | Business purpose loans | Residential loans held in securitization trusts | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 13.65%    
Mortgage Loans Between $200,000 - $299,999 | First lien loans | Residential loans      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 68    
Carrying value $ 13,960    
Principal Amount of Loans Subject to Delinquent Principal or Interest 1,722    
Deductions during period:      
Balance at end of period $ 13,960    
Mortgage Loans Between $200,000 - $299,999 | First lien loans | Residential loans | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 2.50%    
Mortgage Loans Between $200,000 - $299,999 | First lien loans | Residential loans | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 8.13%    
Mortgage Loans Between $200,000 - $299,999 | First lien loans | Residential loans held in securitization trusts      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 1,040    
Carrying value $ 183,310    
Principal Amount of Loans Subject to Delinquent Principal or Interest 7,748    
Deductions during period:      
Balance at end of period $ 183,310    
Mortgage Loans Between $200,000 - $299,999 | First lien loans | Residential loans held in securitization trusts | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 0.00%    
Mortgage Loans Between $200,000 - $299,999 | First lien loans | Residential loans held in securitization trusts | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 13.00%    
Mortgage Loans Between $200,000 - $299,999 | Second lien loans | Residential loans      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 1    
Carrying value $ 223    
Principal Amount of Loans Subject to Delinquent Principal or Interest 0    
Deductions during period:      
Balance at end of period $ 223    
Mortgage Loans Between $200,000 - $299,999 | Second lien loans | Residential loans | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 7.75%    
Mortgage Loans Between $200,000 - $299,999 | Second lien loans | Residential loans | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 7.75%    
Mortgage Loans Between $200,000 - $299,999 | Second lien loans | Residential loans held in securitization trusts      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 3    
Carrying value $ 469    
Principal Amount of Loans Subject to Delinquent Principal or Interest 0    
Deductions during period:      
Balance at end of period $ 469    
Mortgage Loans Between $200,000 - $299,999 | Second lien loans | Residential loans held in securitization trusts | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 6.75%    
Mortgage Loans Between $200,000 - $299,999 | Second lien loans | Residential loans held in securitization trusts | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 7.75%    
Mortgage Loans Between $200,000 - $299,999 | Business purpose loans | Residential loans      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 221    
Carrying value $ 55,701    
Principal Amount of Loans Subject to Delinquent Principal or Interest 9,751    
Deductions during period:      
Balance at end of period $ 55,701    
Mortgage Loans Between $200,000 - $299,999 | Business purpose loans | Residential loans | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 6.32%    
Mortgage Loans Between $200,000 - $299,999 | Business purpose loans | Residential loans | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 15.19%    
Mortgage Loans Between $200,000 - $299,999 | Business purpose loans | Residential loans held in securitization trusts      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 677    
Carrying value $ 172,912    
Principal Amount of Loans Subject to Delinquent Principal or Interest 2,913    
Deductions during period:      
Balance at end of period $ 172,912    
Mortgage Loans Between $200,000 - $299,999 | Business purpose loans | Residential loans held in securitization trusts | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 3.50%    
Mortgage Loans Between $200,000 - $299,999 | Business purpose loans | Residential loans held in securitization trusts | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 13.63%    
Mortgage Loans Over $299,999 | First lien loans | Residential loans      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 94    
Carrying value $ 44,515    
Principal Amount of Loans Subject to Delinquent Principal or Interest 2,140    
Deductions during period:      
Balance at end of period $ 44,515    
Mortgage Loans Over $299,999 | First lien loans | Residential loans | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 2.75%    
Mortgage Loans Over $299,999 | First lien loans | Residential loans | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 8.63%    
Mortgage Loans Over $299,999 | First lien loans | Residential loans held in securitization trusts      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 1,355    
Carrying value $ 448,697    
Principal Amount of Loans Subject to Delinquent Principal or Interest 20,186    
Deductions during period:      
Balance at end of period $ 448,697    
Mortgage Loans Over $299,999 | First lien loans | Residential loans held in securitization trusts | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 1.88%    
Mortgage Loans Over $299,999 | First lien loans | Residential loans held in securitization trusts | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 9.40%    
Mortgage Loans Over $299,999 | Business purpose loans | Residential loans      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 468    
Carrying value $ 388,805    
Principal Amount of Loans Subject to Delinquent Principal or Interest 90,805    
Deductions during period:      
Balance at end of period $ 388,805    
Mortgage Loans Over $299,999 | Business purpose loans | Residential loans | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 6.06%    
Mortgage Loans Over $299,999 | Business purpose loans | Residential loans | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 14.99%    
Mortgage Loans Over $299,999 | Business purpose loans | Residential loans held in securitization trusts      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 1,147    
Carrying value $ 869,504    
Principal Amount of Loans Subject to Delinquent Principal or Interest 12,098    
Deductions during period:      
Balance at end of period $ 869,504    
Mortgage Loans Over $299,999 | Business purpose loans | Residential loans held in securitization trusts | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 3.49%    
Mortgage Loans Over $299,999 | Business purpose loans | Residential loans held in securitization trusts | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest Rate 13.99%