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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Consolidated Statements of Comprehensive Income (Loss) [Abstract]        
Net income (loss) $ 4,515 $ (12,444) $ (916) $ 396
Other comprehensive income (loss):        
Unrealized gain on RMBS, available-for-sale, net 2,561 16,400 9,731 6,070
Net other comprehensive income 2,561 16,400 9,731 6,070
Comprehensive income (loss) 7,076 3,956 8,815 6,466
Comprehensive income attributable to noncontrolling interests in Operating Partnership (119) (79) (151) (128)
Dividends on preferred stock (2,477) (2,594) (7,393) (7,456)
Gain on repurchase and retirement of preferred stock 0 0 0 78
Comprehensive income (loss) attributable to common stockholders $ 4,480 $ 1,283 $ 1,271 $ (1,040)