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Consolidated Securitization Vehicles and Other Variable Interest Entities (Tables)
 6 Months Ended
Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Assets and Liabilities Related to the Consolidated VIEs The table below reflects the assets and liabilities recorded in the Consolidated Statements of Financial Condition related to the consolidated VIEs as of June 30, 2023 and December 31, 2022.
 June 30, 2023December 31, 2022
 (dollars in thousands)
Assets:  
Non-Agency RMBS, at fair value (1)
$262,440 $276,030 
Loans held for investment, at fair value10,780,926 9,855,390 
Accrued interest receivable56,713 47,553 
Other assets16,408 20,293 
Total Assets:$11,116,487 $10,199,266 
Liabilities:  
Securitized debt, collateralized by Non-Agency RMBS$77,195 $78,542 
Securitized debt at fair value, collateralized by Loans held for investment7,652,488 6,673,917 
Accrued interest payable24,263 17,427 
Other liabilities2,210 2,239 
Total Liabilities:$7,756,156 $6,772,125 
(1) June 30, 2023 and December 31, 2022 balances includes allowance for credit losses of $4 million and $2 million, respectively.
Schedule of Income, OTTI and Expense Amounts Related to Consolidated VIEs Income and expense amounts related to consolidated VIEs recorded in the Consolidated Statements of Operations is presented in the tables below.
 For the Quarter ended
 June 30, 2023June 30, 2022
 (dollars in thousands)
Interest income, Assets of consolidated VIEs$149,674 $140,209 
Interest expense, Non-recourse liabilities of VIEs72,624 50,193 
Net interest income$77,051 $90,016 
(Increase) decrease in provision for credit losses$(531)$(3,120)
Servicing fees$7,336 $6,692 

 For the Six Months Ended
 June 30, 2023June 30, 2022
 (dollars in thousands)
Interest income, Assets of consolidated VIEs$289,576 $271,275 
Interest expense, Non-recourse liabilities of VIEs132,776 92,684 
Net interest income$156,800 $178,591 
(Increase) decrease in provision for credit losses$(1,959)$(3,143)
Servicing fees$14,204 $13,555