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Schedule of Mortgage-Backed Securities (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2023
Dec. 31, 2022
Mortgage-Backed Securities [Line Items]    
Mortgage-backed securities, at fair value(1) [1] $ 920,714 $ 893,301
Residential Mortgage Backed Securities [Member]    
Mortgage-Backed Securities [Line Items]    
Current Principal 962,558 943,185
Unamortized Discount (Premium), Net (10,533) 8,058
Amortized Cost 968,003 966,744
Gross Unrealized Gain on Securities 4,757 4,625
Gross Unrealized Losses on Securities (52,046) (78,068)
Mortgage-backed securities, at fair value(1) $ 920,714 $ 893,301
Weighted Average Coupon 4.00% 3.66%
Weighted Average Yield 4.11% 3.49%
Weighted Average Life (Years) 7 years 4 months 20 days 7 years 11 months 26 days
Non-Agency RMBS [Member]    
Mortgage-Backed Securities [Line Items]    
Current Principal $ 15,276 $ 16,895
Unamortized Discount (Premium), Net (2,674) (4,481)
Amortized Cost 21,667 18,703
Gross Unrealized Gain on Securities 3,194 2,728
Gross Unrealized Losses on Securities (431) (727)
Mortgage-backed securities, at fair value(1) $ 24,430 $ 20,704
Weighted Average Coupon 8.07% 5.26%
Weighted Average Yield 11.89% 10.45%
Weighted Average Life (Years) 9 years 1 month 28 days 8 years 1 month 13 days
15-year fixed rate mortgages [Member] | Agency RMBS [Member]    
Mortgage-Backed Securities [Line Items]    
Current Principal $ 32,920 $ 47,453
Unamortized Discount (Premium), Net 187 1,446
Amortized Cost 33,107 48,899
Gross Unrealized Gain on Securities 10 0
Gross Unrealized Losses on Securities (1,588) (3,575)
Mortgage-backed securities, at fair value(1) $ 31,529 $ 45,324
Weighted Average Coupon 3.45% 3.23%
Weighted Average Yield 3.15% 2.31%
Weighted Average Life (Years) 3 years 2 months 15 days 3 years 8 months 15 days
20-year fixed rate mortgages [Member] | Agency RMBS [Member]    
Mortgage-Backed Securities [Line Items]    
Current Principal $ 11,040 $ 10,812
Unamortized Discount (Premium), Net 667 696
Amortized Cost 11,707 11,508
Gross Unrealized Gain on Securities 0 0
Gross Unrealized Losses on Securities (1,686) (1,817)
Mortgage-backed securities, at fair value(1) $ 10,021 $ 9,691
Weighted Average Coupon 3.16% 2.84%
Weighted Average Yield 1.75% 1.77%
Weighted Average Life (Years) 6 years 3 months 18 days 6 years 8 months 19 days
30-year fixed rate mortgages [Member] | Agency RMBS [Member]    
Mortgage-Backed Securities [Line Items]    
Current Principal $ 880,519 $ 841,823
Unamortized Discount (Premium), Net (11,496) 7,345
Amortized Cost 869,023 849,168
Gross Unrealized Gain on Securities 913 1,316
Gross Unrealized Losses on Securities (45,566) (68,730)
Mortgage-backed securities, at fair value(1) $ 824,370 $ 781,754
Weighted Average Coupon 3.93% 3.65%
Weighted Average Yield 3.97% 3.38%
Weighted Average Life (Years) 7 years 7 months 6 days 8 years 4 months 17 days
Adjustable Rate Mortgages | Agency RMBS [Member]    
Mortgage-Backed Securities [Line Items]    
Current Principal $ 7,282 $ 8,696
Unamortized Discount (Premium), Net 794 899
Amortized Cost 8,076 9,595
Gross Unrealized Gain on Securities 0 0
Gross Unrealized Losses on Securities (853) (932)
Mortgage-backed securities, at fair value(1) $ 7,223 $ 8,663
Weighted Average Coupon 4.06% 3.58%
Weighted Average Yield 2.34% 2.37%
Weighted Average Life (Years) 4 years 5 months 8 days 4 years 6 months
Reverse mortgages [Member] | Agency RMBS [Member]    
Mortgage-Backed Securities [Line Items]    
Current Principal $ 15,521 $ 17,506
Unamortized Discount (Premium), Net 1,989 2,153
Amortized Cost 17,510 19,659
Gross Unrealized Gain on Securities 0 0
Gross Unrealized Losses on Securities (1,625) (1,807)
Mortgage-backed securities, at fair value(1) $ 15,885 $ 17,852
Weighted Average Coupon 5.45% 4.06%
Weighted Average Yield 2.65% 2.73%
Weighted Average Life (Years) 4 years 9 months 14 days 4 years 8 months 12 days
Interest-Only [Member] | Agency RMBS [Member]    
Mortgage-Backed Securities [Line Items]    
Amortized Cost $ 6,913 $ 9,212
Gross Unrealized Gain on Securities 640 581
Gross Unrealized Losses on Securities (297) (480)
Mortgage-backed securities, at fair value(1) $ 7,256 $ 9,313
Weighted Average Coupon 3.02% 3.89%
Weighted Average Yield 12.16% 10.56%
Weighted Average Life (Years) 6 years 4 months 9 days 6 years 7 months 17 days
Interest-Only [Member] | Non-Agency RMBS [Member]    
Mortgage-Backed Securities [Line Items]    
Amortized Cost $ 9,065 $ 6,289
Gross Unrealized Gain on Securities 2,352 1,849
Gross Unrealized Losses on Securities 0 0
Mortgage-backed securities, at fair value(1) $ 11,417 $ 8,138
Weighted Average Coupon 0.22% 0.24%
Weighted Average Yield 16.07% 17.94%
Weighted Average Life (Years) 9 years 1 month 13 days 9 years 6 months 29 days
Agency Securities [Member] | Agency RMBS [Member]    
Mortgage-Backed Securities [Line Items]    
Current Principal $ 947,282 $ 926,290
Unamortized Discount (Premium), Net (7,859) 12,539
Amortized Cost 946,336 948,041
Gross Unrealized Gain on Securities 1,563 1,897
Gross Unrealized Losses on Securities (51,615) (77,341)
Mortgage-backed securities, at fair value(1) $ 896,284 $ 872,597
Weighted Average Coupon 3.93% 3.63%
Weighted Average Yield 3.93% 3.35%
Weighted Average Life (Years) 7 years 4 months 6 days 7 years 11 months 26 days
Principal and interest securities | Non-Agency RMBS [Member]    
Mortgage-Backed Securities [Line Items]    
Current Principal $ 15,276 $ 16,895
Unamortized Discount (Premium), Net (2,674) (4,481)
Amortized Cost 12,602 12,414
Gross Unrealized Gain on Securities 842 879
Gross Unrealized Losses on Securities (431) (727)
Mortgage-backed securities, at fair value(1) $ 13,013 $ 12,566
Weighted Average Coupon 8.07% 5.26%
Weighted Average Yield 8.88% 6.65%
Weighted Average Life (Years) 9 years 2 months 8 days 7 years 2 months 4 days
[1] Includes assets pledged as collateral to counterparties. See Note 6 for additional details on the Company's borrowings and related collateral.