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Securitized Debt (Tables)
 9 Months Ended
Sep. 30, 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 September 30, 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.
 September 30, 2024December 31, 2023
 (dollars in thousands)
Within One Year$47 $251 
One to Three Years91 326 
Three to Five Years— — 
Greater Than Five Years9 67 
Total$147 $644 
The following table presents the estimated principal repayment schedule of the securitized debt collateralized by Loans held for investment at September 30, 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.

 September 30, 2024December 31, 2023
 (dollars in thousands)
Within One Year$1,337,900 $1,405,503 
One to Three Years2,179,159 2,302,421 
Three to Five Years1,983,884 1,738,678 
Greater Than Five Years2,365,273 2,942,234 
Total$7,866,216 $8,388,836 
Schedule of Callable Debt The following table presents the par value of the callable debt by year as of September 30, 2024, excluding any debt issued by the Company where the Company only has a clean-up call.
September 30, 2024
(dollars in thousands)
YearPrincipal
Currently callable$2,952,845 
2024— 
20252,410,761 
2026531,530 
2027817,892 
2028592,457 
Total$7,305,485