CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest income
MSR financing receivables	$ 3,983	$ 1,390	$ 7,365	$ 1,748
Credit securities and loans	991	1,770	1,844	3,039
Other	113	125	438	286
Total interest and other income	8,763	7,045	16,169	13,304
Rent revenues from single-family properties	2,137		3,201
Interest expense
Repurchase agreements	763	403	1,039	891
Total interest expense	4,459	1,958	7,701	4,459
Net operating income	4,526	5,087	8,223	8,845
Investment and derivative gain (loss), net	370	(9,032)	(457)	(15,795)
General and administrative expenses
Compensation and benefits	2,324	1,841	4,389	3,236
Other general and administrative expenses	1,463	1,349	2,682	2,591
Total general and administrative expenses	3,787	3,190	7,071	5,827
Income (loss) before income taxes	1,109	(7,135)	695	(12,777)
Income tax provision (benefit)	802	(76)	3,089	322
Net income (loss)	307	(7,059)	(2,394)	(13,099)
Dividend on preferred stock	(707)	(723)	(1,449)	(1,446)
Net loss attributable to common stock	$ (400)	$ (7,782)	$ (3,843)	$ (14,545)
Basic loss per common share	$ (0.01)	$ (0.24)	$ (0.13)	$ (0.44)
Diluted loss per common share	$ (0.01)	$ (0.24)	$ (0.13)	$ (0.44)
Weighted-average common shares outstanding (in thousands)
Basic	28,766	33,066	29,296	33,123
Diluted	28,766	33,066	29,296	33,123
Single Family properties
Interest expense
Single-family property operating expenses	$ 1,915		$ 3,446
Variable Interest Entity, Primary Beneficiary
Interest income
Loans	1,611	$ 776	2,965	$ 2,463
Secured Debt | Single Family properties
Interest expense
Long-term debt	718		1,126
Secured Debt | Variable Interest Entity, Primary Beneficiary
Interest expense
Secured debt of consolidated VIEs	1,578	405	2,766	1,267
Unsecured Debt
Interest expense
Long-term debt	1,400	1,150	2,770	2,301
Agency MBS
Interest income
Mortgage-backed credit securities	$ 2,065	$ 2,984	$ 3,557	$ 5,768