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Securitized Debt (Tables)
 3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Maturities of Long-Term Debt
The following table presents the estimated principal repayment schedule of the securitized debt collateralized by Non-Agency RMBS at March 31, 2024 and December 31, 2023, based on expected cash flows of the residential mortgage loans or RMBS, as adjusted for projected losses on the underlying collateral of the debt. All of the securitized debt recorded in the Company’s Consolidated Statements of Financial Condition is non-recourse to the Company.
 March 31, 2024December 31, 2023
 (dollars in thousands)
Within One Year$198 $251 
One to Three Years244 326 
Three to Five Years— — 
Greater Than Five Years60 67 
Total$502 $644 
The following table presents the estimated principal repayment schedule of the securitized debt collateralized by Loans held for investment at March 31, 2024 and December 31, 2023, based on expected cash flows of the residential mortgage loans or RMBS, as adjusted for projected losses on the underlying collateral of the debt. All of the securitized debt recorded in the Company’s Consolidated Statements of Financial Condition is non-recourse to the Company.

 March 31, 2024December 31, 2023
 (dollars in thousands)
Within One Year$1,336,379 $1,405,503 
One to Three Years2,193,495 2,302,421 
Three to Five Years1,673,400 1,738,678 
Greater Than Five Years2,912,852 2,942,234 
Total$8,116,126 $8,388,836 
Schedule of Callable Debt The following table presents the par value of the callable debt by year as of March 31, 2024, excluding any debt issued by the Company where the Company only has a clean-up call.
March 31, 2024
(dollars in thousands)
YearPrincipal
Currently callable$2,124,671 
2024688,364 
20252,638,157 
2026568,985 
2027862,701 
2028632,140 
Total$7,515,018