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Segment Reporting (Details)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
Segment
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Segment Reporting [Abstract]          
Number of reportable segments | Segment     2    
Segment Reporting Profit (Loss) and Other Information [Abstract]          
Interest income $ 14,813 $ 13,677 $ 29,614 $ 26,418  
Interest expense 12,172 13,510 24,807 27,158  
Net interest income (expense) 2,641 167 4,807 (740)  
Servicing fee income 10,933 12,349 21,906 25,240  
Servicing costs 1,952 3,455 4,497 6,089  
Net servicing income 8,981 8,894 17,409 19,151  
Other income (expense) [1] (5,585) (2,482) (19,229) 4,516  
Other operating expenses [2] (3,355) (5,131) (7,124) (8,720)  
Provision for corporate business taxes [3] (1,121) (664) (1,294) (1,367)  
Net other comprehensive income (loss) 320 (3,734) 7,170 (10,330)  
Comprehensive income (loss) 1,881 (2,950) 1,739 2,510  
Investments 1,377,044   1,377,044   $ 1,356,078
Other assets 113,615   113,615   135,097
Total Assets 1,490,659   1,490,659   1,491,175
Debt 1,221,675   1,221,675   1,228,483
Other liabilities 36,571   36,571   29,070
Total Liabilities 1,258,246   1,258,246   1,257,553
Net Assets 232,413   232,413   233,622
Servicing Related Assets [Member] | Operating Segments [Member]          
Segment Reporting Profit (Loss) and Other Information [Abstract]          
Interest income 26 0 26 6  
Interest expense 322 164 1,086 931  
Net interest income (expense) (296) (164) (1,060) (925)  
Servicing fee income 10,933 12,349 21,906 25,240  
Servicing costs 1,952 3,455 4,497 6,089  
Net servicing income 8,981 8,894 17,409 19,151  
Other income (expense) [1] (2,902) (2,869) (8,720) (7,107)  
Other operating expenses [2] (923) (949) (1,757) (1,773)  
Provision for corporate business taxes (1,121) (664) (1,294) (1,367)  
Net other comprehensive income (loss) 0 0 0 0  
Comprehensive income (loss) 3,739 4,248 4,578 7,979  
Investments 224,601   224,601   233,658
Other assets 27,828   27,828   28,874
Total Assets 252,429   252,429   262,532
Debt 149,381   149,381   151,226
Other liabilities 2,966   2,966   4,290
Total Liabilities 152,347   152,347   155,516
Net Assets 100,082   100,082   107,016
RMBS [Member] | Operating Segments [Member]          
Segment Reporting Profit (Loss) and Other Information [Abstract]          
Interest income 14,787 13,677 29,588 26,412  
Interest expense 11,850 13,346 23,721 26,227  
Net interest income (expense) 2,937 331 5,867 185  
Servicing fee income 0 0 0 0  
Servicing costs 0 0 0 0  
Net servicing income 0 0 0 0  
Other income (expense) [1] (2,683) 387 (10,509) 11,623  
Other operating expenses [2] (644) (157) (1,431) (315)  
Provision for corporate business taxes 0 0 0 0  
Net other comprehensive income (loss) 320 (3,734) 7,170 (10,330)  
Comprehensive income (loss) (70) (3,173) 1,097 1,163  
Investments 1,152,443   1,152,443   1,122,420
Other assets 27,370   27,370   59,159
Total Assets 1,179,813   1,179,813   1,181,579
Debt 1,072,294   1,072,294   1,077,257
Other liabilities 24,566   24,566   15,010
Total Liabilities 1,096,860   1,096,860   1,092,267
Net Assets 82,953   82,953   89,312
All Other [Member]          
Segment Reporting Profit (Loss) and Other Information [Abstract]          
Interest income 0 0 0 0  
Interest expense 0 0 0 0  
Net interest income (expense) 0 0 0 0  
Servicing fee income 0 0 0 0  
Servicing costs 0 0 0 0  
Net servicing income 0 0 0 0  
Other income (expense) [1] 0 0 0 0  
Other operating expenses [2] (1,788) (4,025) (3,936) (6,632)  
Provision for corporate business taxes 0 0 0 0  
Net other comprehensive income (loss) 0 0 0 0  
Comprehensive income (loss) (1,788) $ (4,025) (3,936) $ (6,632)  
Investments 0   0   0
Other assets 58,417   58,417   47,064
Total Assets 58,417   58,417   47,064
Debt 0   0   0
Other liabilities 9,039   9,039   9,770
Total Liabilities 9,039   9,039   9,770
Net Assets $ 49,378   $ 49,378   $ 37,294
[1] Included in other income (expense) are realized and unrealized gains (losses) on Servicing Related Assets, RMBS and derivatives.
[2] Included in other operating expenses are general and administrative expenses, compensation and benefits and management fee to affiliate.
[3] The provision for income taxes is recorded at the TRS level.