Derivative Instruments - Effect of the Company’s Derivatives on the Consolidated Statements of Operations (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
Derivative Instruments, Gain (Loss) [Line Items]
Net unrealized gains (losses) on derivatives	$ (6,469)	$ 5,189
Realized gains (losses) on derivatives	82	0
Periodic interest on derivatives, net	4,135	5,476
Net gains (losses) on derivatives	(2,252)	10,665
Interest Rate Swaps
Derivative Instruments, Gain (Loss) [Line Items]
Net unrealized gains (losses) on derivatives	(3,870)	3,679
Realized gains (losses) on derivatives	0	0
Periodic interest on derivatives, net	4,088	5,476
Swap futures
Derivative Instruments, Gain (Loss) [Line Items]
Net unrealized gains (losses) on derivatives	(240)	0
Realized gains (losses) on derivatives	0	0
Periodic interest on derivatives, net	47	0
U.S. Treasury futures
Derivative Instruments, Gain (Loss) [Line Items]
Net unrealized gains (losses) on derivatives	(117)	0
Realized gains (losses) on derivatives	82	0
Swaptions
Derivative Instruments, Gain (Loss) [Line Items]
Net unrealized gains (losses) on derivatives	0	1,510
Realized gains (losses) on derivatives	0	0
Interest Rate Cap
Derivative Instruments, Gain (Loss) [Line Items]
Net unrealized gains (losses) on derivatives	(2,242)	0
Realized gains (losses) on derivatives	$ 0	$ 0