CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Interest income
MSR financing receivables	$ 3,608	$ 1,945	$ 10,973	$ 3,693
Credit securities and loans	2,736	1,247	4,580	4,286
Other	110	193	548	479
Total interest and other income	12,388	6,346	28,557	19,650
Rent revenues from single-family properties	2,103		5,304
Interest expense
Repurchase agreements	2,863	306	3,902	1,197
Total interest expense	5,972	1,914	13,673	6,373
Net operating income	6,647	4,396	14,870	13,241
Investment and derivative (gain) loss, net	1,235	(1,313)	778	(17,108)
General and administrative expenses
Compensation and benefits	2,256	1,888	6,645	5,124
Other general and administrative expenses	1,121	1,009	3,803	3,600
Total general and administrative expenses	3,377	2,897	10,448	8,724
Income (loss) before income taxes	4,505	186	5,200	(12,591)
Income tax provision	1,074	436	4,163	758
Net income (loss)	3,431	(250)	1,037	(13,349)
Dividend on preferred stock	(675)	(731)	(2,124)	(2,177)
Net income (loss) available (attributable) to common stock	$ 2,756	$ (981)	$ (1,087)	$ (15,526)
Basic earnings (loss) per common share	$ 0.10	$ (0.03)	$ (0.04)	$ (0.47)
Diluted earnings (loss) per common share	$ 0.10	$ (0.03)	$ (0.04)	$ (0.47)
Weighted-average common shares outstanding (in thousands)
Basic	28,338	31,927	28,973	32,720
Diluted	28,913	31,927	28,973	32,720
Single Family properties
Interest expense
Single-family property operating expenses	$ 1,872	$ 36	$ 5,318	$ 36
Variable Interest Entity, Primary Beneficiary
Interest income
Loans	2,303	301	5,268	2,764
Secured Debt | Single Family properties
Interest expense
Long-term debt	741		1,867
Secured Debt | Variable Interest Entity, Primary Beneficiary
Interest expense
Secured debt of consolidated VIEs	912	173	3,678	1,440
Unsecured Debt
Interest expense
Long-term debt	1,456	1,435	4,226	3,736
Agency MBS
Interest income
Mortgage-backed credit securities	$ 3,631	$ 2,660	$ 7,188	$ 8,428