Payments on financial derivatives
Payments for Derivative Instrument, Investing Activities
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $500,000 and $749,999
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $500,000 and $749,999 [Member]
% Of Total Receivable For Securities Sold
Schedule Of Percentage Of Total Receivable For Securities Sold [Table Text Block]
Tabular disclosure of the Company's percentage of total amount receivable for securities sold held by counterparties above a specified concentration risk threshold.
Financing Receivables, Unpaid Principal Balance [Member]
Financing Receivables, Unpaid Principal Balance [Member]
Financing Receivables, Unpaid Principal Balance [Member]
Total Equity
Beginning balance
Ending balance
Total Equity
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
Currency risk [Member]
Currency risk [Member]
Currency risk [Member]
Fair Value by Liability Class [Domain]
Fair Value by Liability Class [Domain]
Related party mortgage originator (with flow mortgage loan purchase and sale agreement) [Member]
Related party mortgage originator (with flow mortgage loan purchase and sale agreement) [Member]
Related party mortgage originator (with flow mortgage loan purchase and sale agreement) [Member]
Percentage used to calculate servicing administrator fee
Percentage used to calculate servicing administrator fee
Percentage used in calculating the servicing administrator fee the Company receives in connection with a securitization transaction.
Level 3
Fair Value, Inputs, Level 3 [Member]
Federal Home Loan Mortgage Corporation Pools (Fifteen Year) Four Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Fifteen Year) Four Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Fifteen Year) Four Percent [Member]
Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]
Federal National Mortgage Association (30 Year) 5 Point 50 Percent [Member]
Federal National Mortgage Association (30 Year) 5 Point 50 Percent [Member]
Federal National Mortgage Association (30 Year) 5.50%
Share-based long term incentive plan unit awards
APIC, Share-based Payment Arrangement, Increase for Cost Recognition
U.S. Treasury Note, 2.88 Percent, Maturity Date 2028 08 [Member]
U.S. Treasury Note, 2.88 Percent, Maturity Date 2028 08 [Member]
U.S. Treasury Note, 2.88 Percent, Maturity Date 2028 08 [Member]
Loans, at fair value
Fair Value
Fair Value
Investment in loans
Fair value of loans which can include loans held-for-investment or held-for-sale.
Expense Reimbursement Period
Expense Reimbursement Period
Number of days in which the Company will reimburse the Manager following the receipt of an expense invoice.
Schedule of Credit Derivatives
Disclosure of Credit Derivatives [Table Text Block]
Mortgage loan originator [Member]
Mortgage loan originator [Member]
Mortgage loan originator
Accrued expenses and other liabilities
Accrued Liabilities and Other Liabilities
Non-controlling interest in Operating Partnership [Member]
Non-controlling interest in Operating Partnership [Member]
Non-controlling interest in Operating Partnership. Non-controlling interest issued operating partnership units which are convertible into common shares of the Company.
Gains
Gross unrealized gains
Gross unrealized gain on investment.
Fair Value of Agency IOs, negative OAS measurement input
Fair Value of Agency IOs, negative OAS measurement input
Fair value of Agency IOs that have negative OAS measurement unputs at valuation date.
Asset Class [Axis]
Asset Class [Axis]
Societe Generale Collateralized by Par Value $100 Exchange-Traded Corporate Debt, Coupon 5.95%, Maturity Date 2026 12 [Member]
Societe Generale Collateralized by Par Value $100 Exchange-Traded Corporate Debt, Coupon 5.95%, Maturity Date 2026 12 [Member]
Societe Generale Collateralized by Par Value $100 Exchange-Traded Corporate Debt, Coupon 5.95%, Maturity Date 2026 12 [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $3,250,000 and $3,499,000
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $3,250,000 and $3,499,000 [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $3,250,000 and $3,499,000
Derivative, Cost Basis
Derivative, Cost Basis
Derivative, Cost Basis
Repurchase Agreements
Reverse repurchase agreements
Securities Sold under Agreements to Repurchase [Member]
Current Fiscal Year End Date
Current Fiscal Year End Date
Due to brokers, net
Payments To Brokers, Financing Activities
Payments To Brokers, Financing Activities
Net proceeds from issuance of common stock
Proceeds from Issuance of Common Stock
Liabilities, Transfers out of Level 3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Liability, Transfers out of Level 3
Payment Date
Dividends Payable, Date to be Paid
Derivative [Line Items]
Derivative [Line Items]
TBA - Fixed Rate Agency Securities Sold Short [Member]
To Be Announced Fixed Rate Agency Securities Sold Short [Member]
A forward settling security issued by a government agency with a fixed interest rate sold short.
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $2,250,000 and $2,499,999
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $2,250,000 and $2,499,999 [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $2,250,000 and $2,499,999
Carrying Value
Reported Value Measurement [Member]
Repurchase of investments sold short
Repurchase of investments sold short
The amount of cash outflow for the repurchase of securities to cover previous short sales.
Ordinary income
Ordinary income
The percentage of dividends which are classified as ordinary income for tax purposes.
LTIP Units Outstanding, beginning of period
LTIP Units Outstanding, end of period
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number
Stock Issued During Period, Value, New Issues
Stock Issued During Period, Value, New Issues
Vest December 31, 2021 [Member]
Vest December 31, 2021 [Member]
Vest December 31, 2021 [Member]
Schedule of Investments [Table]
Schedule of Investments [Table]
Face amount of notes distributed from Risk Retention Vehicle
Face amount of notes distributed from Risk Retention Vehicle
Face amount of notes distributed from Risk Retention Vehicle to the Company.
Average Monthly Notional
Financial Derivative, Average Monthly Notional1
Financial Derivative, Average Monthly Notional1
Quarterly Financial Information
Quarterly Financial Information [Table Text Block]
Vest December 12, 2019 [Member]
Vest December 12, 2019 [Member]
Vest December 12, 2019 [Member]
Investment Owned, Balance, Shares
Investment Owned, Balance, Shares
Contributions from non-controlling interests
Proceeds from Noncontrolling Interests
Vest December 13, 2021 [Member]
Vest December 13, 2021 [Member]
Vest December 13, 2021 [Member]
Measurement Input, Discount Rate
Measurement Input, Discount Rate [Member]
Valuation, Income Approach
Valuation, Income Approach [Member]
Government National Mortgage Association (30 Year) 3 Point 50 Percent [Member]
Government National Mortgage Association (30 Year) 3 Point 50 Percent [Member]
Government National Mortgage Association (30 Year) 3 Point 50 Percent [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table]
Cover [Abstract]
Cover [Abstract]
Document Type
Document Type
Debt Instrument, Interest Rate, Effective Rate
Debt Instrument, Interest Rate, Effective Percentage
Transferor [Axis]
Transferor [Axis]
Transferor [Axis]
Fair Value Measurement Using Significant Unobservable Inputs
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
Gross Unrealized Losses
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax
Adjustable rate mortgages
Adjustable Rate Residential Mortgage [Member]
Federal National Mortgage Association Three Percent [Member]
Federal National Mortgage Association Three Percent [Member]
Federal National Mortgage Association Three Percent [Member]
90-119 Days or More Past Due [Member]
Financing Receivables, 90 to 119 Days Past Due [Member]
Financing receivables that are 90 -119 days past due.
Scenario [Domain]
Scenario [Domain]
Share-based Payment Arrangement [Abstract]
Share-based Payment Arrangement [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Net Amount
Derivative Asset, Fair Value, Offset Against Collateral, Net of Not Subject to Master Netting Arrangement, Policy Election
Enterprise Value
Enterprise Value [Member]
Enterprise Value [Member]
Available-for-sale Securities, Gross Realized Gain (Loss)
Available-for-sale Securities, Gross Realized Gain (Loss)
Principal payment on securitized debt
Principal payment on securitized debt
The cash outflow for principal repayments on re-securitized assets accounted for as collateralized borrowings.
Number of warrants purchased under commitment agreement
Number of warrants purchased under commitment agreement
Number of warrants purchased under commitment agreement
Communications [Member]
Communications [Member]
Communications [Member]
Financial Instrument [Axis]
Financial Instrument [Axis]
Preferred Stock [Member]
Preferred Stock [Member]
Financing Receivable, Purchased with Credit Deterioration, Allowance for Credit Loss at Acquisition Date
Financing Receivable, Purchased with Credit Deterioration, Allowance for Credit Loss at Acquisition Date
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Loan Type [Axis]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Loan Type [Axis]
Net Realized/Unrealized Gains (Losses)
Investment Company, Gain (Loss) on Investment, Per Share
Servicing expense
Other investment related expenses - Servicing expense
Servicing expense on loan portfolios. Included as Other Investment Related Expense.
Preferred Stock, Shares Outstanding
Preferred Stock, Shares Outstanding
Residential mortgage loans
Residential Mortgage [Member]
Estimate weighted average life [Domain]
Estimate weighted average life [Domain]
[Domain] for Estimate weighted average life [Axis]
Commitments and contingencies
Commitments and Contingencies
Cash, Cash Equivalents, and Restricted Cash, Beginning of Period
Cash, Cash Equivalents, and Restricted Cash, End of Period
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
Securities sold short, at fair value
Securities sold short, at fair value
Investments sold short, at fair value-
Financial Instruments Sold, Not yet Purchased, at Fair Value
Bank of America Securities [Member]
Bank of America Securities [Member]
Bank of America Securities [Member]
Debt Instrument [Line Items]
Debt Instrument [Line Items]
Schedule of Variable Interest Entities [Table]
Schedule of Variable Interest Entities [Table]
Resecuritization of Government National Mortgage Association [Member]
Resecuritization of Government National Mortgage Association [Member]
Resecuritization of Government National Mortgage Association [Member]
Weighted average shares outstanding (basic and diluted) (in shares)
Weighted Average Number of Shares Outstanding, Basic and Diluted
Cash and Cash Equivalents
Cash and Cash Equivalents, Policy [Policy Text Block]
Noncontrolling Interest in Operating Partnerships
Noncontrolling Interest in Operating Partnerships
Liabilities, Issuances
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Issuances
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans under $5,000,000
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans under $5,000,000 [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans under $5,000,000
Loans held-for-investment [Member]
Loans held-for-investment [Member]
Loans held-for-investment [Member]
Measurement Input recovery amount
Measurement Input recovery amount
Measurement Input recovery amount
Federal Home Loan Mortgage Corporation Pools (Fifteen Year) Three Point Five Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Fifteen Year) Three Point Five Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Fifteen Year) Three Point Five Percent [Member]
Asset Class [Domain]
Asset Class [Domain]
Private Label Securities [Member]
Private Label Securities [Member]
Private label securities [Member]
Number of warrants available for purchase under commitment agreement
Number of warrants available for purchase under commitment agreement
Number of warrants available for purchase under commitment agreement
Non-Agency RMBS and CMBS
Residential Mortgage and Commercial Mortgage Backed Securities [Member]
Residential Mortgage and Commercial Mortgage Backed Securities [Member]
November 2018 [Member]
November 13, 2018 [Member]
November 13, 2018 [Member]
Other Commitments [Line Items]
Other Commitments [Line Items]
CLO III Securitization [Member]
CLO III Securitization [Member]
CLO II Securitization (CLO transaction priced June 2018 closed July 2018)
Vesting period
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period
Share-based long term incentive plan unit redemption and distribution
Share-based long term incentive plan unit redemption and distribution
Share-based long term incentive plan unit redemption and distribution
Equity Method Investment, Summarized Financial Information, Borrowings
Equity Method Investment, Summarized Financial Information, Borrowings
The amount of borrowings (including secured borrowings, notes, and lines of credit) reported by an equity method investment of the entity.
Foreign Exchange Future [Member]
Foreign Exchange Future [Member]
Measurement Input recovery amount
Measurement Input recovery amount [Member]
Measurement Input recovery amount
Other operating expenses
Other operating expenses
Sum of all operating expenses incurred as disclosed on the Statement of Operations excluding the following expenses: Base management fee, Incentive fee, Interest Expense, and Other investment related expenses.
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]
Schedules of Exposure to Counterparty Risk
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]
Long Investments [Member]
Long Investments [Member]
The Company's long investments held as an asset in the statement of financial position.
Financial Instruments Available for Offset
Derivative Liability, Not Offset, Policy Election Deduction
Other, net
Noninterest Income, Other Operating Income
Federal National Mortgage Association Pools (Thirty Year) Three Point Five Percent [Member]
Federal National Mortgage Association Pools (Thirty Year) Three Point Five Percent [Member]
Federal National Mortgage Association Pools (Thirty Year) Three Point Five Percent [Member]
Federal National Mortgage Association Six Percent [Member]
Federal National Mortgage Association Six Percent [Member]
Federal National Mortgage Association Six Percent [Member]
Preferred stock, par value $0.001 per share, 100,000,000 shares authorized;6.750% Series A Fixed-to-Floating Rate Cumulative Redeemable; 4,600,000 shares issued and outstanding ($115,000 liquidation preference)
Preferred Stock, Value, Outstanding
Preferred Stock, Value, Outstanding
Investment Related Receivables [Policy Text Block]
Investment Related Receivables [Policy Text Block]
Investment Related Receivables [Policy Text Block]
Long Investment Unrated Rating [Member]
Long Investment Unrated Rating [Member]
No credit rating available from Moody's, Standards and Poor's, or Fitch.
Unsecured loans
Unsecured loans [Member]
Unsecured loans held as investments.
Repurchase Agreements amount at risk threshold
Repurchase Agreements amount at risk threshold
Concentration risk threshold whereby disclosure of amount at risk by counterparty is required if amount at risk as a percentage of total equity is above such threshold.
Shares Issued In Connection With Incentive Fee Payment
Shares Issued In Connection With Incentive Fee Payment Non-Cash
Shares Issued In Connection With Incentive Fee Payment Non-Cash
Value of shares issued to the Manager as partial payment for incentive fees.
Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]
Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]
Diluted earnings per share of common stock:
Earnings Per Share, Diluted [Abstract]
Net investment income
Operating Income (Loss)
Proceeds from principal payments of investments
Proceeds From Principal Payments of Investments
The cash inflow associated with the maturity and collection of all investments such as debt during the period.
2049 [Member]
2049 [Member]
2049 [Member]
Securitized loans [Member]
Non-performing securitized residential mortgage loans [Member]
Non-performing securitized residential mortgage loans [Member]
Financial Instrument Performance Status [Axis]
Financial Instrument Performance Status [Axis]
Investment related receivables
Receivables From Securities Sold, Financial Derivatives, Interest and Principal
Receivables From Securities Sold, Financial Derivatives, Interest and Principal
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $15,000,000 and $19,999,999
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $15,000,000 and $19,999,999 [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $15,000,000 and $19,999,999
Repurchase agreements
Increase decrease in repurchase agreements
The increase (decrease) during the reporting period in the total amount under agreements to purchase and resell securities.
Increase (decrease) in liabilities:
Increase (Decrease) in Operating Liabilities [Abstract]
Liabilities, Change In Net Unrealized Gain/(Loss)
Fair Value, Measurement With Unobservable Inputs Reconciliations, Recurring Basis, Liability, Change In Net Unrealized Gain/(Loss)
Fair Value, Measurement With Unobservable Inputs Reconciliations, Recurring Basis, Liability, Change In Net Unrealized Gain/(Loss)
June 2020 [Member]
June 2020 [Member]
June 2020 [Member]
Non-performing
Nonperforming Financial Instruments [Member]
Consolidated condensed schedule of investments (cash equivalents) [Abstract]
Consolidated condensed schedule of investments (cash equivalents)
Measurement Frequency [Domain]
Measurement Frequency [Domain]
Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]
Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]
Financing Receivables, Equal to Greater than 120 Days Past Due [Member]
Financing Receivables, Equal to Greater than 120 Days Past Due [Member]
Financing Receivables, Equal to Greater than 120 Days Past Due [Member]
Basic earnings per common share (in usd per share)
Earnings Per Share, Basic
Related Party CLO securitization [Member]
Related Party CLO securitization [Member]
Related Party CLO securitization [Member]
Derivative activity, volume
Derivative activity, volume [Table Text Block]
Disclosure of the volume of derivative activity for the period. Calculated using average monthly notional.
Counterparty Risk [Member]
Credit Concentration Risk [Member]
2027 [Member]
2027 [Member]
2027 [Member]
Significant Accounting Policies [Line Items]
Significant Accounting Policies [Line Items]
Significant Accounting Policies [Line Items]
To Be Announced RMBS
To Be Announced Securities [Text Block]
The complete disclosure for forward settling transactions in the To Be Announced ("TBA") MBS market.
Purchase of loans
Payments to Acquire Loans Receivable
Offering Costs/Underwriters' Discount
Offering Costs Placement Fees [Policy Text Block]
Disclosure of accounting policy for treatment of offering costs and placement fees.
Consolidated Entities [Member]
Consolidated Entities [Member]
Subsequent Event Type [Axis]
Subsequent Event Type [Axis]
Concentration Risk Benchmark [Domain]
Concentration Risk Benchmark [Domain]
Change in unrealized gain (loss), assets
Change in unrealized gains (losses)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
TBA Securities, Purchase Contracts [Member]
TBA Securities, Purchase Contracts [Member]
Forward contract for the purchase (long position) of Agency RMBS in the To-be-announced RMBS market.
Statement of Stockholders' Equity [Abstract]
Statement of Stockholders' Equity [Abstract]
Incentive Fee Expense
Incentive Fee Expense
Summary of Common Shares Outstanding
Schedule Of Common Shares Outstanding [Table Text Block]
Schedule Of Common Shares Outstanding [Table Text Block]
Reverse repurchase agreements
Reverse repurchase agreements
Securities Sold under Agreements to Repurchase
Debt Instrument, Maturity Date
Debt Instrument, Maturity Date
Federal National Mortgage Association Five Point Five Percent [Member]
Federal National Mortgage Association Five Point Five Percent [Member]
Federal National Mortgage Association Five Point Five Percent [Member]
Consolidated securitization trusts [Member]
Consolidated securitization trusts [Member]
Consolidated securitization trusts [Member]
Realized gains (losses) on securities and loans, financial derivatives, and real estate owned, net
Realized gains (losses) on securities and loans, financial derivatives, and real estate owned, net
Realized gains (losses) on securities and loans, financial derivatives, and real estate owned, net
Net Income (Loss) before Income Tax Expense (Benefit) and Earnings (Losses) from Investments in Unconsolidated Entities
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
Federal National Mortgage Association Pools (Fifteen Year) Three Percent [Member]
Federal National Mortgage Association Pools (Fifteen Year) Three Percent [Member]
Federal National Mortgage Association Pools (Fifteen Year) Three Percent [Member]
Morgan Stanley Institutional Liquidity Fund - Government Portfolio [Member]
Morgan Stanley Institutional Liquidity Fund - Government Portfolio [Member]
Morgan Stanley Institutional Liquidity Fund - Government Portfolio [Member]
Type of Recipient [Axis]
Type of Recipient [Axis]
Disclosure by type of recipient related to share-based payment arrangements (LTIP awards).
Interest expense
Interest Expense
Interest Expense
Ratio Of Interest and other investment related Expenses To Average Equity
Ratio Of Interest and other investment related Expenses To Average Equity
The ratio of interest and other investment related expenses to average total equity (including non-controlling interest).
Restricted cash
Restricted Cash and Cash Equivalents
Class of Stock [Axis]
Class of Stock [Axis]
Termination fee, description
Termination Fee, Description
Description of payments to managing member for termination or non-renewal of management agreement. Includes events of termination and basis for calculation.
Organization and Investment Objective
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]
Offsetting of Assets and Liabilities
Offsetting of Assets and Liabilities [Text Block]
The entire disclosure for derivatives, repurchase agreements, and reverse repurchase agreements that are subject to offsetting. [Text Block]
2028 [Member]
2028 [Member]
2028 [Member]
Fair value
Financial Liabilities Fair Value Disclosure
Investment Holdings, Other than Securities [Table]
Investment Holdings, Other than Securities [Table]
Local Phone Number
Local Phone Number
Repurchase agreements, cost
Repurchase agreements, cost
Cost basis of reverse repurchase agreements carried at fair value.
Total
Fair Value
Fair Value
Derivative Assets (Liabilities), at Fair Value, Net
Derivative Assets (Liabilities), at Fair Value, Net
Catch-up premium amortization adjustment
Catch-up Premium Amortization Adjustment
For securities whose cash flows vary depending on prepayments, an effective yield retroactive to the time of purchase is periodically recomputed based on actual prepayments and changes in projected prepayment activity, and a catch-up adjustment, or "Catch-up Premium Amortization Adjustment," is made to amortization to reflect the cumulative impact of the change in effective yield.
Loans, Measurement Input, Recovery Amount
Loans, Measurement Input, Recovery Amount
Loans, Measurement Input, Recovery Amount
Other secured financing, at fair value-Proceeds
Other secured financing, at fair value-Proceeds
Proceeds received from secured financing other than securities sold under agreements to repurchase and securities loaned for which the Company has elected the fair value option.
Closing Date of Securitization Transaction [Domain]
Closing Date of Securitization Transaction [Domain]
[Domain] for Closing Date of Securitization Transaction [Axis]
Share conversion
Share Conversion
Share Conversion
Unrealized gains (losses) on real estate owned, net
Unrealized (gains) losses on real estate owned, net
Real Estate Acquired Through Foreclosure, Unrealized Gains (Losses)
Real Estate Acquired Through Foreclosure, Unrealized Gains (Losses)
Liability Class [Axis]
Liability Class [Axis]
Realized gain or loss on investments, financial derivatives, and foreign currency transactions (excludes FX on cash)
Realized gain or loss on investments, financial derivatives, and foreign currency transactions (excludes FX on cash)
Realized gain or loss on investments, financial derivatives, and foreign currency transactions (excludes FX on cash)
Total realized gains or losses on investments, financial derivatives, and foreign currency transactions on investments and financial derivatives. Excludes foreign currency transactions relating to cash.
Position [Domain]
Position [Domain]
Position [Axis]
Position [Axis]
Transaction [Domain]
Transaction [Domain]
Fair Value
Derivative, Fair Value, Net
Coupon Rate On Underlying Collateral On Repurchase Agreement
Coupon Rate On Underlying Collateral On Repurchase Agreement
Coupon Rate On Underlying Collateral On Repurchase Agreement
2022 [Member]
2022 [Member]
2022 [Member]
Operating Partnership Units, converted during period
Operating Partnership Units, converted during period
The number of operating partnership units (as defined by the Company) converted to common shares during the period.
Upfront points on written credit derivative in excess of threshold
Upfront points on written credit derivative
Estimated upfront points on written credit derivative contract at period end for those contracts where the current spread is in excess of a predetermined threshold.
Fair Value Measurements Inputs and Valuation Techniques [Line Items]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other assets
Other Assets
Guaranty Liabilities
Guaranty Liabilities
Securities Collateral relating to Reverse Repurchase Agreements
Securities Sold under Agreements to Repurchase, Fair Value of Collateral
Assets, Change In Net Unrealized Gain/(Loss)
Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Assets, Change In Net Unrealized Gain/(Loss)
Change in unrealized gain/loss on investment/derivatives classed as Level 3 within the fair value heirarchy.
Federal National Mortgage Association (30 Year) 4 Point 50 Percent [Member]
Federal National Mortgage Association (30 Year) 4 Point 50 Percent [Member]
Federal National Mortgage Association (30 Year) 4.50%
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Three Point Five Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Three Point Five Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Three Point Five Percent [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period
Exercised
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period
LTIP Unit Grants in Period (in units)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures
Loan accrual status [Axis]
Loan accrual status [Axis]
Loan accrual status [Axis]
Preferred Stock, Dividend Rate, Percentage
Preferred Stock, Dividend Rate, Percentage
Financial Derivatives
Derivatives, Policy [Policy Text Block]
General Insurance Expense
General Insurance Expense
Investments in Operating Entities
Investments in Operating Entities [Policy Text Block]
The Company's accounting policy for investments in operating entities.
Federal Home Loan Mortgage Corporation (15 Year) 3 Percent [Member]
Federal Home Loan Mortgage Corporation (15 Year) 3 Percent [Member]
Federal Home Loan Mortgage Corporation (15 Year) 3.00%
Minimum Required Regulatory Balance [Member]
Minimum Required Regulatory Balance [Member]
Minimum Required Regulatory Balance [Member]
Note Purchase Agreement May 2019 [Member]
Note Purchase Agreement May 2019 [Member]
Note purchase agreement (agreement to lend) executed in May 2019.
Realized gains (losses) on financial derivatives, net
Net Realized Gain/Loss on Derivatives including gain (loss) on foreign currency transactions
Net Realized Gain/Loss on Derivatives including gain (loss) on foreign currency transactions
Financial Instruments Available for Offset
Derivative Asset, Not Offset, Policy Election Deduction
Derivative asset, measurement input
Derivative Asset, Measurement Input
Government Sector [Member]
Government Sector [Member]
Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
Unrealized (gains) losses other, net
Unrealized gains (losses) other, net
Unrealized gains (losses) other, net
Debt issuance costs related to Other secured borrowings at fair value financing activities
Debt issuance costs related to Other secured borrowings at fair value financing activities
Debt issuance costs related to Other secured borrowings at fair value financing activities
JP Morgan Securities LLC Collateralized by Par Value $13,600 U.S. Treasury Note, Coupon 2.88%, Maturity Date 2021 11 [Member]
JP Morgan Securities LLC Collateralized by Par Value $13,600 U.S. Treasury Note, Coupon 2.88%, Maturity Date 2021 11 [Member]
JP Morgan Securities LLC Collateralized by Par Value $13,600 U.S. Treasury Note, Coupon 2.88%, Maturity Date 2021 11 [Member]
Securitized residential mortgage loans
Securitized Residential Mortgage Loans [Member]
Securitized Residential Mortgage Loans [Member]
Equity Method Investment, Summarized Financial Information, Net Income (Loss)
Equity Method Investment, Summarized Financial Information, Net Income (Loss)
Securities Purchased under Agreements to Resell [Member]
Securities Purchased under Agreements to Resell [Member]
Securities purchased with a simultaneous agreement to resell (the identical or substantially the same securities) at a specified date for a specified price.
Net Income (Loss) Attributable to Common Stockholders
Net income (loss) attributable to common stockholders
Net Income (Loss) Attributable to Parent
Interest expense related to consolidated securitization trust
Interest expense related to consolidated securitization trust
Interest expense related to consolidated securitization trust
Securitization Transactions
Securitization Transactions [Text Block]
Disclosure of securitization transactions for which the Company is a party to. Can include transactions accounted for as sales as well as transactions not accounted for as sales. Includes information on the nature of the transactions, the Company's involvement and its consolidation conclusions.
Credit default swaps on asset-backed indices
Credit Default Swaps On Asset Backed Indices [Member]
A type of swap transaction used as a credit derivative in which one party pays periodic payments to a counterparty and is guaranteed the promise of a pay-off in the event of a default over a basket of asset backed securities.
Federal National Mortgage Association Pools (Fifteen Year) Four Point Five Percent [Member]
Federal National Mortgage Association Pools (Fifteen Year) Four Point Five Percent [Member]
Federal National Mortgage Association Pools (Fifteen Year) Four Point Five Percent [Member]
Change in unrealized gains (losses), liabilities
Change in unrealized gains (losses)
Fair Value, Liability, Recurring Basis, Still Held, Unrealized Gain (Loss)
Principal And Interest Floating Rate Agency Securities [Member]
Principal And Interest Floating Rate Agency Securities [Member]
A security issued by a government agency or government sponsored enterprise which makes principal and variable interest rate payments.
Income tax paid
Income Taxes Paid
Long Investment Aa Rating [Member]
Long Investment Aa Rating [Member]
Long Investment Aa Rating [Member]
Equity Method Investment, Summarized Financial Information, Net interest income
Equity Method Investment, Summarized Financial Information, Net interest income
Amount of interest income net of interest expense reported by equity method investee.
Debt Issuance Costs
Debt, Policy [Policy Text Block]
Schedule of TBA securities [Table Text Block]
Schedule of TBA securities [Table Text Block]
Tabular disclosure of TBA securities, classified as derivatives, including notional amount, cost basis, market value, and net carrying cost.
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest Only Fixed Rate Agency Securities [Member]
Interest Only Fixed Rate Agency Securities [Member]
A security issued by a government agency or government sponsored enterprise which makes fixed interest rate payments.
Investment in unconsolidated entities
Equity Method Investments [Member]
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Abstract]
Scenario [Axis]
Scenario [Axis]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $10,000,000 and $14,999,999
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $10,000,000 and $14,999,999 [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $10,000,000 and $14,999,999
Share-based long term incentive plan unit expense
Share-based long term incentive plan unit awards (non-cash)
Share-based Payment Arrangement, Expense
Related Party Transaction [Domain]
Related Party Transaction [Domain]
2030 [Member]
2030 [Member]
2030 [Member]
Securities
Securities (Assets) [Member]
Entity Address, City or Town
Entity Address, City or Town
Bank of America Securities Collateralized by Par Value $1,939 U.S. Treasury Note, Coupon 2.75%, Maturity Date 2023 08 [Member]
Bank of America Securities Collateralized by Par Value $1,939 U.S. Treasury Note, Coupon 2.75%, Maturity Date 2023 08 [Member]
Bank of America Securities Collateralized by Par Value $1,939 U.S. Treasury Note, Coupon 2.75%, Maturity Date 2023 08 [Member]
Document Annual Report
Document Annual Report
Unrealized gains (losses) on securities and loans, financial derivatives, and real estate owned, net
Unrealized gains (losses) on securities and loans, financial derivatives, and real estate owned, net
Unrealized gains (losses) on securities and loans, financial derivatives, and real estate owned, net
Schedule of Gains and Losses on Derivative Contracts
Derivative Instruments, Gain (Loss) [Table Text Block]
Securities Financing Transaction [Axis]
Securities Financing Transaction [Axis]
Cash and Cash Equivalents [Member]
Cash and Cash Equivalents [Member]
Dividends payable
Dividends Payable
Industrial Sector [Member]
Industrial Sector [Member]
Industrial Sector [Member]
Interest and dividends payable
Increase Decrease Interest And Dividends Payable
Increase (decrease) in the sum of the carrying values as of the balance sheet date of (a) interest payable on all forms of debt, including trade payables, that has been incurred, and (b) dividends declared but unpaid on equity securities issued by the entity and outstanding (also includes dividends collected on behalf of another owner of securities that are being held by the entity).
Variable Interest Entities [Axis]
Variable Interest Entities [Axis]
Preferred Stock, Shares Authorized
Preferred Stock, Shares Authorized
Portion at Fair Value Measurement [Member]
Portion at Fair Value Measurement [Member]
Senior Notes
Unsecured Debt [Member]
Transfers from mortgage loans
Real Estate Acquired Through Foreclosure, Transfer From Mortgage Loans, Number Of Properties
Real Estate Acquired Through Foreclosure, Transfer From Mortgage Loans, Number Of Properties
Federal Home Loan Mortgage Corporation (30 Year) 4 Point 50 Percent [Member]
Federal Home Loan Mortgage Corporation (30 Year) 4 Point 50 Percent [Member]
Federal Home Loan Mortgage Corporation (30 Year) 4.50%
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table]
ANALYSIS OF EQUITY:
Stockholders' Equity Attributable to Parent [Abstract]
Bank of America Securities Collateralized by Par Value $2,062 U.S. Treasury Note, Coupon 2.88%, Maturity Date 2023 11 [Member]
Bank of America Securities Collateralized by Par Value $2,062 U.S. Treasury Note, Coupon 2.88%, Maturity Date 2023 11 [Member]
Bank of America Securities Collateralized by Par Value $2,062 U.S. Treasury Note, Coupon 2.88%, Maturity Date 2023 11 [Member]
Schedule of Financial Instruments
Fair Value, by Balance Sheet Grouping [Table Text Block]
Financial derivatives—liabilities, at fair value
Derivative Liability
Financial derivatives–liabilities, at fair value-
Derivative Liability
Subsequent Events
Subsequent Events [Text Block]
Offsetting of Assets and Liabilities [Table]
Offsetting of Assets and Liabilities [Table]
Offsetting of Assets and Liabilities [Table]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent
Equity Method Investment, Summarized Financial Information, Tax expense (benefit)
Equity Method Investment, Summarized Financial Information, Tax expense (benefit)
Amount of tax expense (benefit) reported by an equity method investment of the entity.
When-Issued/Delayed Delivery Securities
Issued Delayed Delivery Securities Policy [Policy Text Block]
Disclosure of accounting policy for forward settling transactions in the To Be Announced MBS market.
Counterparty Risk
Concentration Risk Disclosure [Text Block]
Federal National Mortgage Association Pools (Thirty Year) Five Percent [Member]
Federal National Mortgage Association Pools (Thirty Year) Five Percent [Member]
Federal National Mortgage Association Pools (Thirty Year) Five Percent [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
[Line Items] for Organization, Consolidation and Presentation of Financial Statements [Table]
% of Total Receivable for Securities Sold
Percentage Of Total Receivable For Securities Sold
Percentage of total receivables for securities sold due from a specific counterparty above a specified concentration risk threshold.
Effective Income Tax Rate Reconciliation, Tax Exempt Income, Percent
Effective Income Tax Rate Reconciliation, Tax Exempt Income, Percent
Fair Value, Measurements, Recurring
Fair Value, Recurring [Member]
Real Estate Owned
Real Estate Owned [Text Block]
Related party trust - Residential Mortgage Loans and REO
Related party trust - Residential Mortgage Loans and REO [Member]
Related party trust - Residential Mortgage Loans and REO [Member]
Assets Sold under Agreements to Repurchase, Type [Domain]
Assets Sold under Agreements to Repurchase, Type [Domain]
Fixed Rate Agency Securities [Member]
Fixed Rate Agency Securities [Member]
Securities issued by government agencies or government sponsored entities with a fixed interest rate.
2020 Scheduled Repayment of Principal
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Three
(Increase) decrease in assets:
Increase (Decrease) in Operating Assets [Abstract]
Proceeds from Debt, Net of Issuance Costs
Proceeds from Debt, Net of Issuance Costs
Dividends
Dividends, Common Stock, Cash
JP Morgan Securities LLC Collateralized by Par Value $10,451 U.S. Treasury Note, Coupon 2.88%, Maturity Date 2023 10 [Member]
JP Morgan Securities LLC Collateralized by Par Value $10,451 U.S. Treasury Note, Coupon 2.88%, Maturity Date 2023 10 [Member]
JP Morgan Securities LLC Collateralized by Par Value $10,451 U.S. Treasury Note, Coupon 2.88%, Maturity Date 2023 10 [Member]
Number of Counterparties with Exposure
Concentration Risk, Number Of Counterparties With Concentration Risk Exposure
Concentration Risk, Number Of Counterparties With Concentration Risk Exposure
Equity Method Investment, Summarized Financial Information, Realized and unrealized gain (loss) on investments
Equity Method Investment, Summarized Financial Information, Realized and unrealized gain (loss) on investments
Amount of realized and unrealized gains (losses) on investments (including securities, loans, MSRs, and REO) reported by equity method investee.
Class of Stock [Line Items]
Class of Stock [Line Items]
Investment Company, Incentive Fee to Average Net Assets
Investment Company, Incentive Fee to Average Net Assets
Schedule of Equity Method Investments [Table]
Schedule of Equity Method Investments [Table]
Subsequent Events [Abstract]
Subsequent Events [Abstract]
Credit default swaps on asset-backed securities
Credit Default Swaps On Asset Backed Securities [Member]
A type of swap transaction used as a credit derivative in which one party pays periodic payments to a counterparty and is guaranteed the promise of a pay-off if a referenced asset backed security defaults.
Related Party Transactions
Related Party Transactions Disclosure [Text Block]
Fair Value, by Balance Sheet Grouping [Table]
Fair Value, by Balance Sheet Grouping [Table]
Preferred Stock, Dividends Per Share, Declared
Preferred Stock, Dividends Per Share, Declared
measurement input equity multiple
measurement input equity multiple [Member]
measurement input equity multiple
Performing and/or Re-performing
Performing Financial Instruments [Member]
Performing Financial Instruments [Member]
Securitization Transactions [Line Items]
Securitization Transactions [Line Items]
[Line Items] for Securitization Transactions [Table]
Net unrealized gains
Net unrealized gains
Net unrealized gains
Undistributed (Distributed in excess of) (in usd per share)
Earnings Per Share, Basic, Undistributed
Significant Accounting Policies [Table]
Significant Accounting Policies [Table]
Significant Accounting Policies [Table]
North America [Member]
North America [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Collections of Principal
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Collections of Principal
Contributions to investments in non-consolidated entities (non-cash)
Contributions to investments in non-consolidated entities (non-cash)
Contributions to investments in non-consolidated entities (non-cash)
Common stock
Common Stocks, by Industry [Member]
Schedule of Capitalization, Equity [Line Items]
Schedule of Capitalization, Equity [Line Items]
Deferred Tax Liabilities, Investments
Deferred Tax Liabilities, Investments
Schedule of Options Contracts [Table Text Block]
Schedule of Options Contracts [Table Text Block]
Schedule of Options Contracts [Table Text Block]
Undistributed (Distributed in excess of) earnings:
Undistributed Earnings, Basic [Abstract]
Amortization of deferred debt issuance costs
Amortization of Debt Issuance Costs
Subsequent Event [Line Items]
Subsequent Event [Line Items]
Aggregate unpaid principal balance of loans sold
Aggregate unpaid principal balance of loans sold
Aggregate unpaid principal balance of consumer loans sold by the Company and another entity managed by an affiliate of Ellington (the "co-participant").
Repurchase Agreements and Similar Transactions, Maturity Periods [Domain]
Repurchase Agreements and Similar Transactions, Maturity Periods [Domain]
Investment in Securities
Investments In Debt And Equity Securities Including Securities Sold But Not Yet Purchased [Text Block]
Investments In Debt And Equity Securities Including Securities Sold But Not Yet Purchased [Text Block]
PercentageCollaterallizedByGNRCMOCertificates
PercentageCollaterallizedByGNRCMOCertificates
Percentage of which private trust is backed by interest in Government National Mortgage Association collateralized mortgage obligation certificates.
Government National Mortgage Association (30 Year) 5 Point 00 Percent [Member]
Government National Mortgage Association (30 Year) 5 Point 00 Percent [Member]
Government National Mortgage Association (30 Year) 5 Point 00 Percent [Member]
Federal National Mortgage Association Pools (Other) Four Percent [Member]
Federal National Mortgage Association Pools (Other) Four Percent [Member]
Federal National Mortgage Association Pools (Other) Four Percent [Member]
Schedule of Interest Rate Derivatives [Table Text Block]
Schedule of Interest Rate Derivatives [Table Text Block]
Vest December 31, 2020 [Member]
Vest December 31, 2020 [Member]
Vest December 31, 2020 [Member]
Liabilities
Liabilities [Abstract]
Number of Counterparties With Concentration Risk, Reverse Repurchase Agreements
Number Counterparties With Concentration Risk, Reverse Repurchase Agreements
The number of counterparites that hold a percentage of open reverse repurchase agreements above a specified concentration risk threshold.
Payable for securities purchased and financial derivatives
Increase Decrease In Payable For Securities Purchased
The increase (decrease) during the reporting period in the aggregate amount of obligations incurred arising from unsettled security purchases.
Total net realized gain (loss)
Total net realized gain (loss)
Total net realized gain (loss)
Amount of realized gain (loss) on investments, financial derivatives, and foreign currency transactions.
Proceeds received from equity investment in risk retention vehicle (liquidation)
Proceeds received from equity investment in risk retention vehicle (liquidation)
Proceeds received in connection with the liquidation of a risk retention vehicle in which the Company held an equity investment. Liquidation of the risk retention vehicle commenced after the CLO Manager determined the CLO Securitization was exempt from the risk retention rules.
Greater than seven years less than eleven [Member]
Greater than seven years less than eleven [Member]
Greater than seven years less than eleven [Member]
Principal Balance of Loans Transferred to the Depositor
Non-QM loans transferred into securitization trust
Fair value of non-QM loans transferred into securitization trust.
Dividends paid
Payments of Dividends
Number Of Contracts Per Every $1,000,000 In Notional Value
Number Of Contracts Per Every $1,000,000 In Notional Value
Number Of Contracts Per Every $1,000,000 In Notional Value
Purchase of securities
Payments to Acquire Debt Securities, Available-for-sale
Non-exchange traded preferred equity investment in mortgage-related entity
Non-Exchange Traded Preferred Equity Investment in Mortgage-Related Entities [Member]
Non-Exchange Traded Preferred Equity Investment in Mortgage-Related Entities [Member]
Primary Beneficiary
Variable Interest Entity, Primary Beneficiary [Member]
Non-performing residential mortgage loans and residential real estate owned
Non-performing Residential Mortgage Loans and Residential Real Estate Owned [Member]
Non-performing Residential Mortgage Loans and Residential Real Estate Owned Properties [Member]
Interest Rates/Equity Market Risk [Member]
Interest Rates/Equity Market Risk [Member]
Interest Rates/Equity Market Risk [Member]
Adjustments to record at the lower of cost or fair value
Real Estate Acquired Through Foreclosure, Adjustment to record at lower of cost or fair value
Real Estate Acquired Through Foreclosure, Adjustment to record at lower of cost or fair value
2023 [Member]
2023 [Member]
2023 [Member]
Cash Flows from Investing Activities:
Net Cash Provided by (Used in) Investing Activities [Abstract]
Securities Financing Transaction [Domain]
Securitization Transactions [Domain]
Securities Financing Transaction [Domain]
Mortgage Loans [Member]
Mortgage Loans [Member]
Mortgage Loans [Member]
Government National Mortgage Association Pools (Thirty Year) Three Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Three Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Three Percent [Member]
Liabilities Purchases/Payments
Fair Value, Measurment with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements and Purchases
Settlements and purchases that have taken place during the period in relation to liabilities measured at fair value and categorized within Level 3 of the fair value hierarchy.
Investment credit rating [Domain]
Investment credit rating [Domain]
Investment credit rating
Measurement Input Type [Domain]
Measurement Input Type [Domain]
Proceeds from investments sold short
Proceeds From Investments Sold Short
The amount of cash inflow from proceeds received from securities sold short.
Related Party [Domain]
Related Party [Domain]
Loan receivable from affiliated entity related to warehouse facility
Loan receivable from affiliated entity related to warehouse facility [Member]
Loan receivable from affiliated entity related to warehouse facility [Member]
Base management fee payable to affiliate
Increase decrease in accrued management fee
Increase (decrease) in the amount accrued and payable to the Manager for management fees.
Federal Home Loan Mortgage Corporation Three Point Five Percent [Member]
Federal Home Loan Mortgage Corporation Three Point Five Percent [Member]
Federal Home Loan Mortgage Corporation Three Point Five Percent [Member]
Notional value of purchased credit derivatives offsetting written credit derivatives
Notional value of purchased credit derivatives offsetting written credit derivatives
Notional value of purchased credit derivatives (short or purchased protection) offsetting written credit derivatives (long or sold protection).
Valuation, Cost Approach
Valuation, Cost Approach [Member]
Derivatives, Fair Value [Line Items]
Derivatives, Fair Value [Line Items]
Securities, at fair value(1)(2)
Debt Securities, Available-for-sale
LendSure Mortgage Corp [Member]
LendSure Mortgage Corp [Member]
LendSure Mortgage Corp [Member]
Effective Income Tax Rate Reconciliation, Noncontrolling Interest Income (Loss), Percent
Effective Income Tax Rate Reconciliation, Noncontrolling Interest Income (Loss), Percent
Fair value of loans held in related party trust
Fair value of loans held in related party trust
Fair value of loans held in related party trust for which the Company has a beneficial interest in the residual cash flows of the underlying loans held by the trust.
Retained earnings (accumulated deficit)
Retained Earnings (Accumulated Deficit)
Repurchase of common stock
Payments for Repurchase of Common Stock
Receivable For Securities Sold [Member]
Receivable For Securities Sold [Member]
Receivable For Securities Sold [Member]
Longbridge Financial LLC [Member]
Longbridge Financial LLC [Member]
Longbridge Financial LLC [Member]
Assets, Realized Gain (Loss)
Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Realized Gain (Loss)
Realized gain/loss on investment/derivatives classed as Level 3 within the fair value heirarchy.
Entity Tax Identification Number
Entity Tax Identification Number
Financing Facility Type [Axis]
Financing Facility Type [Axis]
Financing Facility Type [Axis]
Diluted earnings per common share (in usd per share)
Earnings Per Share, Diluted
Subordinated notes issued in securitization transaction
Subordinated notes issued in securitization transaction
Original face amount of subordinated notes issued pursuant to the securitization.
Due from brokers, net
Proceeds From Brokers, Financing Activities
Proceeds From Brokers, Financing Activities
Annual base management fee percentage
Annual Base Management Fee Percentage
Percentage used to calculate fees paid to the Manager as per the Managment Agreement.
Compensation expense
Salary and Wage, NonOfficer, Excluding Cost of Good and Service Sold
Investments Sold, Not yet Purchased [Line Items]
Investments Sold, Not yet Purchased [Line Items]
Trading Symbol
Trading Symbol
Minimum
Minimum [Member]
Repurchase of securities sold short
Repurchase Of Securities Sold Short, Investing Activities
Repurchase Of Securities Sold Short, Investing Activities
Threshold for exercising Optional Redemption
Threshold for exercising Optional Redemption
Threshold under which the aggregate stated principal balance of non-QM loans in securitization trust must be in order to exercise the Optional Redemption prior to the two year anniversary of the Closing Date of the securitization.
Non-controlling interests
Stockholders' Equity Attributable to Noncontrolling Interest
Distributions from investments in unconsolidated entities
Proceeds from Equity Method Investment, Distribution, Return of Capital
Repurchase Agreements
Repurchase Agreements [Member]
Equity Method Investment, Summarized Financial Information, Other, net
Equity Method Investment, Summarized Financial Information, Other, net
Amount of other income not separately disclosed reported by equity method investee.
Consumer [Member]
Consumer [Member]
Consumer [Member]
Restrictions on Cash and Cash Equivalents
Restrictions on Cash and Cash Equivalents [Table Text Block]
Receive Rate
Derivative, Variable Interest Rate
30-year fixed-rate mortgages
Fixed Rate Residential Mortgages, 30 Year [Member]
Fixed Rate Residential Mortgages, 30 Year [Member]
Assets, Purchases
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases
Legal Entity [Axis]
Legal Entity [Axis]
To Be Announced RMBS [Table]
To Be Announced Securities [Table]
To Be Announced Securities [Table]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Foreclosure
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Foreclosure
Deferred Income Tax Expense (Benefit)
Deferred Income Tax Expense (Benefit)
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities Sold under Agreements to Repurchase, Gross
Securities Sold under Agreements to Repurchase, Gross
Company's initial percentage ownership of jointly owned entity
Company's initial percentage ownership of jointly owned entity
Company's initial percentage ownership of jointly owned entity with affiliated co-participant.
Reconciliation of the net increase (decrease) in equity resulting from operations to net cash provided by (used in) operating activities:
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Table]
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Table]
Net cash provided by (used in) financing activities
Net Cash Provided by (Used in) Financing Activities
Federal National Mortgage Association Four Percent [Member]
Federal National Mortgage Association Four Percent [Member]
Federal National Mortgage Association Four Percent [Member]
Income Tax Expense (Benefit)
Income Tax Expense (Benefit)
Participation in Multi-Seller Consumer Loan Securitization [Member]
Participation in Multi-Seller Consumer Loan Securitization [Member]
Participation in Multi-Seller Consumer Loan Securitization [Member]
Vest December 17, 2021
Vest December 17, 2021 [Member]
Vest December 17, 2021
Equity Method Investment Summarized Financial Information, Equity
Equity Method Investment Summarized Financial Information, Equity
Vesting [Axis]
Vesting [Axis]
Proceeds from disposition of loans
Proceeds from Sale of Loans Receivable
Secured borrowing facility collateralized by ABS backed by consumer loans [Member]
Secured borrowing facility collateralized by ABS backed by consumer loans [Member]
Secured borrowing facility collateralized by ABS backed by consumer loans [Member]
Derivative Liability, Fair Value, Gross Liability
Derivative Liability, Fair Value, Gross Liability
Common shares
Net Asset Value Per Share, Beginning Balance
Net Asset Value Per Share, Ending Balance
Net Asset Value Per Share
Distributions to non-controlling interests
Distributions to non-controlling interests
Distributions to non-controlling interests
City Area Code
City Area Code
TBA securities
TBA securities [Member]
Forward contract for the purchase or sale of Agency RMBS in the To-be-announced RMBS market.
Repurchase agreements
Assets Sold under Agreements to Repurchase, Repurchase Liability
Government National Mortgage Association Pools (Thirty Year) Four Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Four Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Four Percent [Member]
Type of Recipient [Domain]
Type Of Recipient [Domain]
Disclosure by type of recipient related to share-based payment arrangements (LTIP awards).
Title of 12(b) Security
Title of 12(b) Security
Interest and principal receivable
Increase (Decrease) in Accrued Interest Receivable, Net
Government National Mortgage Association Five Percent [Member]
Government National Mortgage Association Five Percent [Member]
Government National Mortgage Association Five Percent [Member]
Financial derivatives–assets, at fair value-Net Proceeds
Derivatives Proceeds
Derivatives Proceeds
Represents cost basis of derivative liabilities carried at fair value.
Accounting Guidance [Domain]
Accounting Guidance [Domain]
Shares Issued As Payment of Incentive Fee, Shares
Shares Issued As Payment of Incentive Fee, Shares
Number of common shares issued to affiliate as partial payment for performance fees.
Total assets
Fair value
Assets, Fair Value Disclosure
Capital shares reserved for future issuance (in shares)
Common Stock, Capital Shares Reserved for Future Issuance
Barclays Capital Inc Collateralized by Par Value $800 Exchange-Traded Corporate Debt, Coupon 9.88%, Maturity Date 2024 02 [Member]
Barclays Capital Inc Collateralized by Par Value $800 Exchange-Traded Corporate Debt, Coupon 9.88%, Maturity Date 2024 02 [Member]
Barclays Capital Inc Collateralized by Par Value $800 Exchange-Traded Corporate Debt, Coupon 9.88%, Maturity Date 2024 02 [Member]
Greater than eleven year [Member]
Greater than eleven year [Member]
Greater than eleven year [Member]
Percent past due
Financing Receivable, Percent Past Due
Floating Rate Agency Securities [Member]
Floating Rate Agency Securities [Member]
A security issued by a government agency or government sponsored enterprise which has a floating interest rate.
Proceeds from issuance of Other secured borrowings
Proceeds from Issuance of Secured Debt
Bank of America Securities Collateralized by Par Value $1,355 U.S. Treasury Note, Coupon 2.75%, Maturity Date 2023 04 [Member]
Bank of America Securities Collateralized by Par Value $1,355 U.S. Treasury Note, Coupon 2.75%, Maturity Date 2023 04 [Member]
Bank of America Securities Collateralized by Par Value $1,355 U.S. Treasury Note, Coupon 2.75%, Maturity Date 2023 04 [Member]
Concentration Risk [Table]
Concentration Risk [Table]
Due to brokers
Increase Decrease In Due To Brokers Margin Accounts
Carrying value of amounts transferred from third parties for security purposes that are expected to be returned or applied towards payment in the future.
Collateral On Repurchase Agreements Held By Dealers [Member]
Collateral On Repurchase Agreements [Member]
Collateral On Repurchase Agreements [Member]
Credit Default Swap, Buying Protection [Member]
Credit Default Swap, Buying Protection [Member]
Equity Method Investment, Summarized Financial Information, Expenses
Equity Method Investment, Summarized Financial Information, Expenses
Amount of expenses, other than interest expense, reported by equity method investee.
Interest and Dividends Receivable
Interest and Dividends Receivable
Sum of the carrying amount as of the balance sheet date of (a) interest earned but not received - also called accrued interest or accrued interest receivable, and (b) dividends declared but not received.
Securitization Transactions [Abstract]
Securitization Transactions [Abstract]
Securitization Transactions [Abstract]
Measurement Input, Default Rate
Measurement Input, Default Rate [Member]
Financial Instruments transferred as collateral for repurchase agreements
Pledged Financial Instruments, Not Separately Reported, Securities for Repurchase Agreements
Barclays Capital Inc Collateralized by Par Value $1,900 Exchange-Traded Corporate Debt, Coupon 5.95%, Maturity Date 2026 12 [Member]
Barclays Capital Inc Collateralized by Par Value $1,900 Exchange-Traded Corporate Debt, Coupon 5.95%, Maturity Date 2026 12 [Member]
Barclays Capital Inc Collateralized by Par Value $1,900 Exchange-Traded Corporate Debt, Coupon 5.95%, Maturity Date 2026 12 [Member]
Restricted Cash
Cash and Cash Equivalents Disclosure [Text Block]
Interest income related to consolidated securitization trust
Interest income related to consolidated securitization trust
Interest income related to consolidated securitization trust
Fair Value Measurement Inputs and Valuation Techniques [Table]
Fair Value Measurement Inputs and Valuation Techniques [Table]
Assets
Assets [Abstract]
Gross Unrealized Gains
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax
Available-for-sale Securities, Gross Realized Losses
Available-for-sale Securities, Gross Realized Losses
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $5,000,000 and $9,999,000
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $5,000,000 and $9,999,000 [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $5,000,000 and $9,999,000
Long-term Debt, Maturities, Repayments of Principal in Next Rolling Twelve Months
Long-term Debt, Maturities, Repayments of Principal in Next Rolling Twelve Months
Total outstanding collateral
Total Outstanding Collateral
Equals the underlying current outstanding collateral expressed as 100%.
Unamortized Premium (Discount)
Debt Instrument, Unamortized Discount (Premium), Net
Current Income Tax Expense (Benefit)
Current Income Tax Expense (Benefit)
Due from brokers, net
Increase (Decrease) in Deposits Outstanding
Reverse mortgages
Reverse Mortgages [Member]
Reverse Mortgages [Member]
Investments, at fair value, Cost
Amortized Cost
Investment Owned, at Cost
Principal payments on Other secured borrowings (non-cash)
Principal payments on Other secured borrowings (non-cash)
Principal payments on Other secured borrowings (non-cash)
Non-Agency IOs
Non-Agency Interest Only Securities [Member]
Non-Agency Interest Only Securities [Member]
Non-Exchange Traded Preferred Equity Investment in Consumer Loan Originators [Member] [Domain]
Non-Exchange Traded Preferred Equity Investment in Consumer Loan Originators [Member] [Domain]
Non-Exchange Traded Preferred Equity Investment in Consumer Loan Originators [Member] [Domain]
Fixed Rate Residential Mortgage
Fixed Rate Residential Mortgage [Member]
Less than three years [Member]
Less than three years [Member]
Less than three years [Member]
2040
2040 [Member]
2040
Financial Derivatives - Assets
Derivative Financial Instruments, Assets [Member]
Entity Well-known Seasoned Issuer
Entity Well-known Seasoned Issuer
Europe [Member]
Europe [Member]
Repurchase agreements
Securities Sold under Agreements to Repurchase [Abstract]
Measurement Basis [Axis]
Measurement Basis [Axis]
Interest Income
Revenue Recognition, Interest [Policy Text Block]
Stock Issued During Period, Value, Conversion of Units
Stock Issued During Period, Value, Conversion of Units
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Loan Type [Domain]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Loan Type [Domain]
Remaining Years to Maturity
Derivative, Remaining Maturity
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $1,750,000 and $1,999,999
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $1,750,000 and $1,999,999 [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $1,750,000 and $1,999,999
Grants in Period (in shares)
Number of OP LTIP Units (in units)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Unvested
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Unvested
Securities Collateralized By Par Value
Securities Collateralized By Par Value
Par value of collateral underlying repurchase agreement.
Schedule of Cash and Cash Equivalents
Schedule of Cash and Cash Equivalents [Table Text Block]
Derivative Instrument [Axis]
Derivative Instrument [Axis]
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Weighted Average Yield
Investment yield
Investment yield
Financial Assets Sold under Agreement to Repurchase [Member]
Financial Assets Sold under Agreement to Repurchase [Member]
Statistical Measurement [Axis]
Statistical Measurement [Axis]
Supplemental disclosure of cash flow information:
Supplemental Cash Flow Information [Abstract]
Vest December 11, 2019 [Member]
Vest December 11, 2019 [Member]
Vest December 11, 2019 [Member]
CLO II Securitization [Member]
CLO II Securitization [Member]
CLO II Securitization (CLO transaction priced December 2017 closed January 2018)
Distributed from Risk Retention Vehicle [Member]
Distributed from Risk Retention Vehicle [Member]
Distributed from Risk Retention Vehicle [Member]
Adjustable Rate Commercial Mortgage
Adjustable Rate Commercial Mortgage [Member]
Adjustable Rate Commercial Mortgage
Weighted Average Share Impact on Dividends Paid
Weighted Average Share Impact on Dividends Paid
Per share impact on dividend amount paid relating to shares issued/repurchased during the period as well as dividends paid to LTIP unit holders.
Fair Value, Greater than 12 Months
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer
Dividends, Preferred Stock, Cash
Dividends, Preferred Stock, Cash
Basis of Presentation
Basis of Accounting, Policy [Policy Text Block]
Basic Materials [Member]
Basic Materials [Member]
Basic Materials [Member]
Total, percentage of dividends with tax characteristic
Total, percentage of dividends with tax characteristic
Total, percentage of dividends with tax characteristic
2024 [Member]
2024 [Member]
2024 [Member]
OTTI charge on securities
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities
Principal And Interest Private Label Securities [Member]
Principal And Interest Private Label Securities [Member]
Principal and interest private label securities [Member]
Notional Amount
Notional Amount
Notional value
Derivative, Notional Amount
Long-Term Incentive Plan Units [Member]
Long Term Incentive Plan Units [Member]
Long Term Incentive Plan Units [Member]
Base management fee to affiliate (Net of fee rebates)
Base management fee to affiliate
Management Fee Expense
Equity Method Investment, Summarized Financial Information, Interest expense
Equity Method Investment, Summarized Financial Information, Interest expense
Amount of interest expense reported by equity method investee.
Basic earnings per share of common stock:
Earnings Per Share, Basic [Abstract]
Distributed (in usd per share)
Earnings Per Share, Basic, Distributed
Realized gains (losses) on securities and loans, net
Realized (gains) losses on securities and loans, net
Securities And Loans, Realized Gains (Losses)
Securities And Loans, Realized Gains (Losses)
Federal Home Loan Mortgage Corporation (30 Year) 3 Point 50 Percent [Member]
Federal Home Loan Mortgage Corporation (30 Year) 3 Point 50 Percent [Member]
Federal Home Loan Mortgage Corporation (30 Year) 3.50%
Borrowings
Debt Disclosure [Text Block]
Schedule Of Net Investment Income Ratio To Average Equity
Schedule Of Net Investment Income Ratio To Average Equity [Table Text Block]
Ratio of net investment income to average total equity (including non-controlling interest).
Pay Rate
Derivative, Fixed Interest Rate
Financing Receivable, Past Due [Line Items]
Financing Receivable, Past Due [Line Items]
Investment Company, Realized and Unrealized Gain (Loss) on Investment and Foreign Currency
Investment Company, Realized and Unrealized Gain (Loss) on Investment and Foreign Currency
Common stock, shares authorized
Common stock, shares authorized (in shares)
Common Stock, Shares Authorized
2029 [Member]
2029 [Member]
2029 [Member]
Excess cash collateral
Excess cash collateral
Excess cash collateral.
Corporate equity, gross unrealized losses
Available-for-sale Equity Securities, Accumulated Gross Unrealized Loss, before Tax
Entity Central Index Key
Entity Central Index Key
Add: Net income (loss) attributable to Convertible Non-controlling Interests
Net Income (Loss) Attributable to Participating Non-controlling Interest
Net income (loss) attributable to non-controlling interest that owns units convertible to common shares. This income (loss) is included in the calculation of earnings per share. This income (loss) excludes income (loss) attributable to non-controlling interest that does not have the ability to convert their interest into common shares of the Company.
Valuation [Abstract]
Valuation [Abstract]
Valuation [Abstract]
Energy [Member]
Energy [Member]
Energy [Member]
Entity Emerging Growth Company
Entity Emerging Growth Company
The Company [Member]
The Company [Member]
The Company (Ellington Financial LLC, the Operating Partnership, and their consolidated subsidiaries) [Member]
Number of mortgage loans in process of foreclosure
Number of mortgage loans in process of foreclosure
Number of mortgage loans in process of foreclosure
31-60 Days
Maturity 31 to 60 days [Member]
Maturity 31 to 60 days [Member]
Purchase of certificates
Purchase of Certificates
Purchase of Certificates
Distributions to non-controlling interests
Payments to Noncontrolling Interests
Derivative [Table]
Derivative [Table]
Current Principal
Investment Sold, Not yet Purchased, Balance, Principal Amount
Corporate loan [Member]
Corporate loan [Member]
Corporate loan [Member]
Income Taxes
Income Tax, Policy [Policy Text Block]
Offering costs paid
Payments of Stock Issuance Costs
Ownership percentage of limited liability company held as investment
Ownership percentage of limited liability company held as investment
Ownership percentage of limited liability company held as investment
Federal National Mortgage Association (15 Year) 3 Point 50 Percent [Member]
Federal National Mortgage Association (15 Year) 3 Point 50 Percent [Member]
Federal National Mortgage Association (15 Year) 3.50%
Assets, Sales
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales
Level 2
Fair Value, Inputs, Level 2 [Member]
Realized gains (losses) on securities and loans, net
Net realized loss
Net realized loss
Financial Asset, Period Past Due [Domain]
Financial Asset, Period Past Due [Domain]
Ownership Percentage
Noncontrolling Interest, Ownership Percentage by Parent
Measurement Input, Projected Collateral Recoveries
Measurement Input, projected collateral recoveries [Member]
Projected recoveries on collateral loans underlying MBS securities, used as an input to measure fair value.
Concentration Risk Type [Axis]
Concentration Risk Type [Axis]
Dividends declared
Dividends, Common Stock
Investment in unconsolidated entities
Non-Controlling Equity Interest in Limited Liability Company [Member]
Non-Controlling Equity Interest in Limited Liability Company [Member]
Operating Partnership
Operating Partnership [Member]
Operating Partnership
Assets, Transfers out of Level 3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3
2026 [Member]
2026 [Member]
2026 [Member]
Secured borrowing recourse facility collateralized by unsecured loan portfolio
Secured borrowing recourse facility collateralized by unsecured loan portfolio [Member]
Secured borrowing recourse facility collateralized by unsecured loan portfolio [Member]
Preferred Stock, Shares Issued
Preferred Stock, Shares Issued
Schedule of Realized Gain (Loss)
Schedule of Realized Gain (Loss) [Table Text Block]
Investments maturity date
Investments maturity date
Investments maturity date
Federal Home Loan Mortgage Corporation Five Percent [Member]
Federal Home Loan Mortgage Corporation Five Percent [Member]
Federal Home Loan Mortgage Corporation Five Percent [Member]
Delinquency (Days)
Days past due
Number of days loan has delinquent payments.
Measurement Input Type [Axis]
Measurement Input Type [Axis]
Mortgage-related Commercial
Mortgage-related Commercial [Member]
Mortgage-related Commercial [Member]
Other
Other investment related expense - Other
Other investment related expenses not including servicing fees or debt issuance costs related to debt held at fair value.
OP LTIP Units Vested and Outstanding end of period
Share-Based Compensation Arrangement By Share-Based Payment Award, Shares Vested, Outstanding Number
As of the balance sheet date, the number of shares into which fully vested LTIPs outstanding can be converted into common stock.
30 to 59 Days Past Due [Member]
Financial Asset, 30 to 59 Days Past Due [Member]
Cash flows provided by (used in) financing activities:
Net Cash Provided by (Used in) Financing Activities [Abstract]
Total undistributed (distributed in excess of) earnings
Undistributed Earnings, Basic
Net Amount
Securities Sold under Agreements to Repurchase, Offset Against Collateral, Net of Not Subject to Master Netting Arrangement, Policy Election
Derivative Contract [Domain]
Derivative Contract [Domain]
Debt issuance costs related to Other secured borrowings, at fair value
Debt issuance costs related to Other secured borrowings, at fair value
Debt issuance costs related to Other secured borrowings, at fair value
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Due to brokers
Other Payables to Broker-Dealers and Clearing Organizations
Interest Rate Swaps Variable rates only [Member]
Interest Rate Swaps Variable rates only [Member]
Interest Rate Swaps Variable rates only [Member]
Disposals
Real Estate Acquired Through Foreclosure, Disposals
Real Estate Acquired Through Foreclosure, Disposals
Senior notes, net
Long-term Debt
Transfers of Financial Assets
Transfers and Servicing of Financial Assets, Transfers of Financial Assets, Sales, Policy [Policy Text Block]
Other investment related expenses
Other investment related expenses
Other investment related expenses which can include among other items, dividend expense on short securities and other investment related expenses.
Over-Allotment Option [Member]
Over-Allotment Option [Member]
Long-term Debt, Maturities, Repayments of Principal in Rolling after Year Five
Long-term Debt, Maturities, Repayments of Principal in Rolling after Year Five
Fair Value, Measurements, Fair Value Hierarchy [Domain]
Fair Value Hierarchy and NAV [Domain]
Credit risk derivative in excess of threshold, at fair value, net
Credit Risk Derivative in Excess of Threshold, at Fair Value, Net
Net fair value of credit risk derivatives in excess of implied credit spread threshold.
Due from brokers
Deposits Assets
Spread on written credit derivatives
Implied spread on written credit derivative
Implied spread on written credit derivative
Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity, Not Primary Beneficiary [Member]
Securities Purchased under Agreements to Resell, Gross
Securities Purchased under Agreements to Resell, Gross
Investments in Unconsolidated Entities
Equity Method Investments and Joint Ventures Disclosure [Text Block]
Consumer loans
Consumer Loan [Member]
Concentration risk percentage, cash and cash equivalents
Concentration risk percentage, cash and cash equivalents
The percentage of cash or cash equivalents held with a specific counterparty.
Equity Method Investment, Summarized Financial Information, Net income (loss) before income tax
Equity Method Investment, Summarized Financial Information, Net income (loss) before income tax
The amount of net income (loss) reported by an equity method investment of the entity.
BlackRock Liquidity Funds FedFund Portfolio, Institutional Class Shares [Member]
BlackRock Liquidity Funds FedFund Portfolio, Institutional Class Shares [Member]
BlackRock Liquidity Funds FedFund Portfolio, Institutional Class Shares [Member]
Sale of Stock [Axis]
Sale of Stock [Axis]
Valuation Approach and Technique [Axis]
Valuation Approach and Technique [Axis]
Subsequent Event [Table]
Subsequent Event [Table]
Financial derivatives—assets, at fair value
Financial derivatives–assets, at fair value-
Derivative Asset
To Be Announced Securities [Line Items]
To Be Announced Securities [Line Items]
[Line Items] for To Be Announced Securities [Table]
Accounting Policies [Abstract]
Accounting Policies [Abstract]
Warehouse facility, monetary amount
Warehouse facility, monetary amount
Monetary amount available under warehouse facility
Expense Reimbursement - Manager
Expense Reimbursement - Manager
Manager reimbursement for operating and compensation expenses related to the Company.
Equity Method Investments, Summarized Financial Information, Investments
Equity Method Investments, Summarized Financial Information, Investments
The amount of investments reported by an equity method investment of the entity.
Coupon Interest
Investment Income, Interest
Investment, measurement input, percent
Investment Fair Value Measurement Input, Percent
Investment fair value measurement input (investment can include but is not limited to securities, equity, loans, and real estate). Shown as a percent.
Debt issuance costs related to Other secured borrowings at fair value non cash
Debt issuance costs related to Other secured borrowings at fair value non cash
Debt issuance costs related to Other secured borrowings at fair value non cash
20-year fixed-rate mortgages
Fixed Rate Residential Mortgages, 20 Year [Member]
Fixed Rate Residential Mortgages, 20 Year [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Number of Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Number of Loans
Federal National Mortgage Association Pools (Thirty Year) Three Point Two Eight Percent [Member]
Federal National Mortgage Association Pools (Thirty Year) Three Point Two Eight Percent [Member]
Federal National Mortgage Association Pools (Thirty Year) Three Point Two Eight Percent [Member]
Offsetting of Assets and Liabilities [Abstract]
Offsetting of Assets and Liabilities [Abstract]
Offsetting of Assets and Liabilities [Abstract]
Credit Default Swap, Selling Protection [Member]
Credit Default Swap, Selling Protection [Member]
Morgan Stanley [Member]
Morgan Stanley [Member]
Morgan Stanley [Member]
Investment related payables
Payable for securities purchased relating to unsettled TBA purchases
Broker-Dealer, Payable to Other Broker-Dealer and Clearing Organization
Written credit derivative spread threshold
Written credit derivative spread threshold
Implied credit spread threshold whereby the contracts trade based on points paid up front.
Investments, at fair value-
Investments, Fair Value Disclosure
Loans
Loans Receivable [Member]
Incentive Fee, Loss Carryforward
Incentive Fee, Loss Carryforward
Incentive Fee, Loss Carryforward
Entity Address, Address Line One
Entity Address, Address Line One
To Be Announced Fixed Rate Agency Securities [Member]
To Be Announced Fixed Rate Agency Securities [Member]
A forward settling security issued by a government agency with a fixed interest rate.
Securities Transactions And Investment Income Policy [Policy Text Block]
Securities Transactions And Investment Income Policy [Policy Text Block]
Disclosure of accounting policy for recording securities transactions, calculation of realized and unrealized gains, and policy regarding accretion of discounts and amortization of premiums.
Geographical [Domain]
Geographical [Domain]
Derivative notional
Derivative notional
Derivative notional
Derivative notional amount
Loans, at fair value
Loans Receivable, Fair Value Disclosure
U.S. Treasury Note, 2.88 Percent, Maturity Date 2023 11 [Member] [Domain]
U.S. Treasury Note, 2.88 Percent, Maturity Date 2023 11 [Member] [Domain]
U.S. Treasury Note, 2.88 Percent, Maturity Date 2023 11 [Member] [Domain]
Entity Address, State or Province
Entity Address, State or Province
Non-accrual status [Member]
Non-accrual status [Member]
Loans not accruing interest
Equity Method Investment, Summarized Financial Information, Revenue
Equity Method Investment, Summarized Financial Information, Revenue
Other secured borrowings, at fair value
Other Secured Borrowings
Other secured borrowings [Member]
Other secured borrowings include secured financing accounted for as collateralized borrowings.
Realized (gains) losses on financial derivatives, net
Realized (gains) losses on financial derivatives, net
Net Realized Gain/Loss on Derivatives
Net Realized Gain/Loss on Derivatives
Unrealized Losses, Less than 12 Months
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss
Weighted Average
Weighted Average [Member]
Net cash provided by (used in) investing activities
Net Cash Provided by (Used in) Investing Activities
Interest only securities
Interest-Only-Strip [Member]
Fair Value, Recurring and Nonrecurring [Table]
Fair Value, Recurring and Nonrecurring [Table]
Related Party Transaction [Line Items]
Related Party Transaction [Line Items]
Consolidated Statement of Operations (Parenthetical) [Abstract]
Consolidated Statement of Operations (Parenthetical) [Abstract]
Consolidated Statement of Operations (Parenthetical) [Abstract]
Reset CLO I Securitization [Member]
Reset CLO I Securitization [Member]
Reset CLO I Securitization (reset in 08 2018) [Member]
November 2017 [Member]
November 15, 2017 [Member]
November 15, 2017 [Member]
Schedule of Investments [Abstract]
Unrealized (gains) losses other, net—foreign currency translation
Foreign Currency Translation Gain Loss Unrealized
Amount before tax of foreign currency translation unrealized gain (loss) recognized in the income statement.
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate Schedule [Table]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate Schedule [Table]
Schedule of Derivative Instruments
Schedule of Derivative Instruments [Table Text Block]
Significant Accounting Policies
Significant Accounting Policies [Text Block]
Federal National Mortgage Association Pools (Other) Five Percent [Member]
Federal National Mortgage Association Pools (Other) Five Percent [Member]
Federal National Mortgage Association Pools (Other) Five Percent [Member]
Federal National Mortgage Association Pools (Thirty Year) Four Point Five Percent [Member]
Federal National Mortgage Association Pools (Thirty Year) Four Point Five Percent [Member]
Federal National Mortgage Association Pools (Thirty Year) Four Point Five Percent [Member]
Bank of New York Mellon Corporation [Member]
Bank of New York Mellon Corporation [Member]
Bank of New York Mellon Corporation [Member]
Entity Interactive Data Current
Entity Interactive Data Current
Geographic Concentration Risk [Member]
Geographic Concentration Risk [Member]
Common stock, shares issued
Common Stock, Shares, Issued
Common shares
Common Stock, Par or Stated Value Per Share
Measurement Input, Quoted Price
Measurement Input, Quoted Price [Member]
Entity Incorporation, State or Country Code
Entity Incorporation, State or Country Code
Dividends Paid:
Dividends [Abstract]
Derivative Liability, Measurement Input
Derivative Liability, Measurement Input
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $250,000 and $499,999
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $250,000 and $499,999 [Member]
Affiliated co-participants initial percentage ownership of jointly owned entity
Affiliated co-participants initial percentage ownership of jointly owned entity
Affiliated co-participant's initial percentage ownership of jointly owned entity with the Company.
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $1,250,000 and $1,499,999
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $1,250,000 and $1,499,999 [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $1,250,000 and $1,499,999
Financial derivatives–assets
Derivative Asset [Abstract]
Federal National Mortgage Association Pools (Fifteen Year) Three Point Five Percent [Member]
Federal National Mortgage Association Pools (Fifteen Year) Three Point Five Percent [Member]
Federal National Mortgage Association Pools (Fifteen Year) Three Point Five Percent [Member]
Losses
Gross unrealized losses
Gross unrealized loss on investment.
Financial derivatives–liabilities
Derivative Liability [Abstract]
Financing Facility Type [Domain]
Financing Facility Type [Domain]
[Domain] for Financing Facility Type [Axis]
Investment Owned At Fair Value, Net
Net short TBA securities, at fair value
Investment Owned At Fair Value, Net
The net fair value of an entity's securities position as of the reporting date.
Eurodollar futures
Eurodollar Future [Member]
60 to 89 Days Past Due [Member]
Financial Asset, 60 to 89 Days Past Due [Member]
Other assets
Increase (Decrease) in Other Operating Assets
Contingencies and Commitments
Commitments and Contingencies Disclosure [Text Block]
Financial Derivatives - Liabilities
Derivative Financial Instruments, Liabilities [Member]
Investments Sold, Not yet Purchased [Table]
Investments Sold, Not yet Purchased [Table]
OPTN 2020-1 Holdings LLC
OPTN 2020-1 Holdings LLC [Member]
OPTN 2020-1 Holdings LLC
Stock Issued During Period, Shares, New Issues
Stock Issued During Period, Shares, New Issues
Proceeds from the Disposition of Investments Non Cash
Proceeds from the Disposition of Investments Non Cash
Proceeds from the Disposition of Investments Non Cash
Federal National Mortgage Association Pools [Member]
Federal National Mortgage Association Pools [Member]
Federal National Mortgage Association Pools [Member]
Investment Company, Investment Income (Loss) Ratio
Investment Company, Investment Income (Loss) Ratio
Government National Mortgage Association (30 Year) 4 Point 50 Percent [Member]
Government National Mortgage Association (30 Year) 4 Point 50 Percent [Member]
Government National Mortgage Association (30 Year) 4 Point 50 Percent [Member]
Total Credit Assets
Maturity greater than 360 days [Member]
Maturity greater than 360 days [Member]
U.S. Treasury Note, 2.75 Percent, Maturity Date 2023 08 [Member]
U.S. Treasury Note, 2.75 Percent, Maturity Date 2023 08 [Member]
U.S. Treasury Note, 2.75 Percent, Maturity Date 2023 08 [Member]
Consolidated Entities [Axis]
Consolidated Entities [Axis]
Ratio Of Operating Expenses Before Incentive Fee, Interest Expense, and Other Investment Related Expenses To Average Equity
Ratio Of Operating Expenses Before Incentive Fee, Interest Expense, and Other Investment Related Expenses To Average Equity
The ratio of operating expenses (before incentive fee, interest expense, and other investment related expenses) to average total equity (inclusive of non-controlling interest).
Deferred Federal, State and Local, Tax Expense (Benefit)
Deferred Federal, State and Local, Tax Expense (Benefit)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Less: Results of Operations Attributable to Non-controlling Interests
NetIncomeLossAttributableToNoncontrollingInterestPerShare
Amount of Net Income (Loss) attributable to noncontrolling interest based on average common shares outstanding during the period.
Measurement Input, Offered Price
Measurement Input, Offered Price [Member]
Federal National Mortgage Association Pools (Thirty Year) Four Percent [Member]
Federal National Mortgage Association Pools (Thirty Year) Four Percent [Member]
Federal National Mortgage Association Pools (Thirty Year) Four Percent [Member]
Schedule of Assets and Liabilities of Consolidated Securitization Trusts
Schedule of Assets and Liabilities of Consolidated Securitization Trusts [Table Text Block]
Tabular disclosure of the amounts included in the Consolidated Statement of Assets, Liabilities, and Equity attributable to securitization trusts that have been consolidated by the Company.
Schedule of Effective Income Tax Rate Reconciliation
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
Common stock, par value $0.001 per share, 100,000,000 shares authorized; 43,781,684 and 38,647,943 shares issued and outstanding, respectively
Common Stock, Value, Issued
Real Estate Owned, Disclosure of Detailed Components [Abstract]
Real Estate Owned, Disclosure of Detailed Components [Abstract]
Other Private Label Securities [Member]
Other Private Label Securities [Member]
Other Private Label Securities [Member]
Non-Exchange Traded Equity Investment in Mortgage Originators [Member]
Non-Exchange Traded Equity Investment in Mortgage Originators [Member]
Non-Exchange Traded Equity Investment in Mortgage Originators [Member]
Receivable for securities sold relating to unsettled TBA sales
Receivable for securities sold and failing trades
Includes receivables due from securities sold prior to period end where the transactions have not yet settled as well as receivables due from securities failed to deliver.
Vesting [Domain]
Vesting [Domain]
Fixed rate on derivative underlying options contract
Fixed rate on derivative underlying options contract
Fixed rate on derivative underlying options contract
Federal National Mortgage Association Four Point Five Percent [Member]
Federal National Mortgage Association Four Point Five Percent [Member]
Federal National Mortgage Association Four Point Five Percent [Member]
Net income (loss) related to common stockholders and Convertible Non-controlling Interests
Net income (loss) attributable to parent and participating non-controlling interest
Net income (loss) attributable to parent and participating non-controlling interest. Income (loss) excludes income (loss) attributable to non-controlling interest that does not have the ability to convert their interest into common shares of the Company.
Unvested LTIP Units
Share-based Compensation Arrangement by Share-based Payment Award - Vesting Period of Awards Granted During Period [Table Text Block]
Details of unvested LTIP units at the end of the period.
Loss on securitization of financial assets
Gain (Loss) on Securitization of Financial Assets
Contribution from non-controlling interest (non-cash)
Contribution from non-controlling interest (non-cash)
Contribution from non-controlling interest (non-cash)
Cash and cash equivalents
Cash and Cash Equivalents, at Carrying Value
Cash and Cash Equivalents, at Carrying Value
Preferred Stock, Amount of Preferred Dividends in Arrears
Preferred Stock, Amount of Preferred Dividends in Arrears
Expenses
Noninterest Income [Abstract]
Realized Investment Gains (Losses) [Abstract]
Realized Investment Gains (Losses) [Abstract]
Investment Sold, Not yet Purchased, Sale Proceeds
Financial Instruments Sold, Not Yet Purchased, Amortized Cost
Financial Instruments Sold, Not yet Purchased, Amortized Cost
Fair Value, Less than 12 Months
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months
Mortgage-related Residential [Member]
Mortgage-related Residential [Member]
Mortgage-related Residential [Member]
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Two
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Two
Non-exchange traded common equity investment in mortgage-related entity
Non-Exchange Traded Common Equity Investment in Mortgage-Related Entities [Member]
Non-Exchange Traded Common Equity Investment in Mortgage-Related Entities [Member]
Equity Components [Axis]
Equity Components [Axis]
Deferred Tax Liabilities, Net
Deferred Tax Liabilities, Net
Schedule Of Shareholders Equity Per Share
Schedule Of Shareholders Equity Per Share [Table Text Block]
Tabular disclosure of the rollforward of the Company's shareholder's equity per share from the begining of the period to the end of the period.
Restricted Cash [Axis]
Restricted Cash and Cash Equivalents [Axis]
Accounting for Loans
Financing Receivable [Policy Text Block]
Contributions to investments in unconsolidated entities
Payments to Acquire Equity Method Investments
Effective Ownership Percentage
Effective Ownership Percentage
Effective percentage ownership before the effects of consolidation of entities' respective segregated portions of the VIE.
Maximum guarantees
Guarantor Obligations, Maximum Exposure, Undiscounted
Assets, Beginning Balance
Assets, Ending Balance
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value
Note Agreement, Lending Amount Per Agreement
Note Agreement, Lending Amount Per Agreement
Maximum amount Company agrees to lend to third party under respective note agreement.
Capital improvements of real estate owned
Payments for Capital Improvements
Amortization of premiums and accretion of discounts, net
Net Amortization
Accretion (Amortization) of Discounts and Premiums, Investments
Non-Agency RMBS
Residential Mortgage Backed Securities [Member]
Unrealized Loss, Total
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss
Total
Borrowings [Member]
Current Federal Tax Expense (Benefit)
Current Federal Tax Expense (Benefit)
Schedule of Warrant Contacts [Abstract]
Schedule of Warrant Contacts [Abstract]
Schedule of Warrant Contacts [Abstract]
Short
Short [Member]
CLOs
CLOs
Collateralized Loan Obligations [Member]
Incentive fee payable to affiliate
Increase (Decrease) in Accrued Incentive Fee
Then increase (decrease) during the reporting period in the amount payable to the Manager relating to performance based fees.
Mortgage Loans in Process of Foreclosure, Amount
Mortgage Loans in Process of Foreclosure, Amount
Administration fee expense
Administration fee expense
Fee paid to third party for outsourced accounting and record keeping functions.
Schedule of Unvested LTIP Units [Line Items]
Schedule of Unvested LTIP Units [Line Items]
[Line Items] for Schedule of Unvested LTIP Units [Table]
Corporate debt and equity
Corporate Debt and Equity [Member]
Corporate Debt and Equity [Member]
REO
Real Estate Owned [Policy Text Block]
The Company's accounting policy for real estate owned.
Ownership Percentage
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners
Non-QM loan securitization
Non-QM loan securitization [Member]
Non-QM loan securitization [Member]
Non-controlling interest [Axis]
Non-controlling interest [Axis]
Non-controlling interest [Axis]
Cash and cash equivalents
Cash and Cash Equivalents, Fair Value Disclosure
Payments made on reverse repurchase agreements
Payments for Securities Purchased under Agreements to Resell
Closing Date of Securitization Transaction [Axis]
Closing Date of Securitization Transaction [Axis]
Closing Date of Securitization Transaction [Axis]
Dividends
Dividends [Policy Text Block]
Disclosure of the Company's accounting policy regarding when dividends payable are recorded.
90 Days or More Past Due [Member]
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Disposal Group Classification [Domain]
Disposal Group Classification [Domain]
CLO Pricing Date
Securitization pricing date
Securitization pricing date (trade date).
U.S. Treasury Note, 2.75 Percent, Maturity Date 2023 04 [Member]
U.S. Treasury Note, 2.75 Percent, Maturity Date 2023 04 [Member]
U.S. Treasury Note, 2.75 Percent, Maturity Date 2023 04 [Member]
Incentive fee rate
Incentive fee rate
The rate at which incentive fees are charged (when applicable), per the management agreement.
Related Party Transaction [Axis]
Related Party Transaction [Axis]
Receivable for securities sold and financial derivatives
Increase decrease in receivable for securities sold
The increase (decrease) in the amount of receivables due from securities sold prior to period end where the transactions have not yet settled.
Net cash provided by (used in) operating activities
Net Cash Provided by (Used in) Operating Activities
Schedule Of Expense Ratios to Average Equity
Schedule Of Expense Ratios to Average Equity [Table Text Block]
Expense ratios for the period using average total equity (including non-controlling interest).
Summary of Investment Holdings
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]
June 2019 [Member]
June 2019 [Member]
June 2019 [Member]
November 2020
November 2020 [Member]
November 2020
Total net interest income
Interest Income (Expense), Net
Interest Income (Expense), Net
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, New Mortgage Loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, New Mortgage Loan
Unrated But Agency Guaranteed [Member]
Unrated But Agency Guaranteed [Member]
Unrated But Agency-Guaranteed [Member]
Shareholders Equity Per Share Upon Conversion Of All Convertible Units
Shareholders Equity Per Share Upon Conversion Of All Convertible Units
The Company's equity per share if all the long term incentive plan units and Operating Partnership units (owned by the non-controlling interest) that have been previously been issued were to be fully vested and exchanged for common shares as of the reporting date.
Issuance of senior notes (non-cash)
Notes Issued
Average price per share (USD per share)
Stock Repurchases, Average Price Per Share
Average price paid per share repurchased under the Company's share repurchase program.
Secured notes
Secured Notes [Member]
Secured Notes [Member]
Collateral on repurchase agreements, unsettled sales
Collateral on repurchase agreements, unsettled sales
The carrying amount as of the date of the latest financial statement presented of securities which are owned but transferred to serve as collateral for repurchase agreements which have been sold prior to period end but remain unsettled at the balance sheet date.
TBA Securities, Sale Contracts [Member]
TBA Securities, Sale Contracts [Member]
Forward contract for the sale (short position) of Agency RMBS in the To-be-announced RMBS market.
Government National Mortgage Association Four Point Seven Five Percent [Member]
Government National Mortgage Association Four Point Seven Five Percent [Member]
Government National Mortgage Association Four Point Seven Five Percent [Member]
Management Fee, description
Management Fee, Description
Deutsche Bank Securities [Member]
Deutsche Bank Securities [Member]
Deutsche Bank Securities [Member]
Number of days to determine non-performance of loan
Number of days to determine non-performance of loan
The number of days principal and/or interest payments on a loan are delinquent before the Company classifies the loan as "non-performing."
Company's current percentage ownership of jointly owned entity
Company's percentage ownership of jointly owned entity
Company's percentage ownership of jointly owned entity with affiliated co-participant.
Government National Mortgage Association Pools [Member]
Government National Mortgage Association Pools [Member]
Government National Mortgage Association Pools [Member]
Declared date
Dividends Payable, Date Declared
Related Party-Consumer Loans Titled in Name of Related Party
Related Party-Consumer Loans Titled in Name of Related Party [Member]
Related Party-Consumer Loans Titled in Name of Related Party [Member]
Net increase (decrease) in shareholders' equity resulting from operations
Income Statement [Abstract]
Reverse repurchase agreements
Securities Purchased under Agreements to Resell [Abstract]
Measurement Input, Equity Price-to-Book
Measurement Input, Equity Price-to-Book [Member]
Measurement Input, Equity Price-to-Book [Member]
Interest Rate Risk [Member]
Interest Rate Contract [Member]
Financial Derivatives-currency hedges
Unrealized Gain (Loss) on Financial Derivatives, currency hedges
Unrealized Gain (Loss) on Financial Derivatives, currency hedges
Related Party Transactions [Abstract]
Related Party Transactions [Abstract]
Deferred Tax Assets, Valuation Allowance
Deferred Tax Assets, Valuation Allowance
Schedule of Capitalization, Equity [Table]
Schedule of Capitalization, Equity [Table]
Consumer loans purchased through affiliate
Consumer loans purchased through affiliate
Aggregate principal balance of consumer loans purchased through an affiliate of the Company under purchase agreements.
Noninterest Expense Directors Fees
Noninterest Expense Directors Fees
Estimated remaining contingent purchase obligations
Estimated remaining contingent purchase obligations
Estimated remaining contingent purchase obligations of the Company under agreement with affiliate.
Market Based Total Return
Market Based Total Return
Total return for the period based upon the closing prices as reported by the New York Stock Exchange. Calculation of market based total return assumes the reinvestment of dividends at the closing price as reported by the New York Stock Exchange as of the ex-date.
Various Issuer [Member]
Various Issuer [Member]
Various Issuer [Member]
Total other income (loss)
Noninterest Income
Noninterest Income
Foreign Currency
Foreign Currency Transactions and Translations Policy [Policy Text Block]
Performing commercial mortgage loans
Performing Commercial Mortgage Loans [Member]
Commercial mortgage loans where the principal and/or interest payments are current.
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Amortization of Premium
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Amortization of Premium
2025 [Member]
2025 [Member]
2025 [Member]
Unpaid Principal Balance
Current Principal/Notional Amount
Investment Owned, Balance, Principal Amount
Increase (decrease) in interest payable
Increase (Decrease) in Interest Payable, Net
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Original Amount [Axis]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Original Amount [Axis]
OP LTIP Unit [Member]
OP LTIP Unit [Member]
OP LTIP Unit [Member]
Variable Interest Entity, Classification [Domain]
Variable Interest Entity, Classification [Domain]
Manager [Member]
Manager [Member]
Manager [Member]
Non-exchange traded preferred equity investment in loan origination entity
Non-Exchange Traded Preferred Equity Investment in loan origination entity [Member]
Non-Exchange Traded Preferred Equity Investment in loan origination entity [Member]
% Of Total Deposits With Dealers Held As Collateral
Schedule Of Percentage Of Total Deposits With Dealers Held As Collateral [Table Text Block]
Tabular disclosure of the Company's percentage of total collateral on margin deposits held by counterparties above a specified concentration risk threshold.
Co-participants share of loans sold
Co-participants share of loans sold
Percentage of aggregate unpaid principal balance of consumer loans sold by the co-participant (affiliate of the Company) to Issuer in securitization transaction.
Concentration Risk [Line Items]
Concentration Risk [Line Items]
Schedule of Repurchase Agreements [Table Text Block]
Schedule of Repurchase Agreements [Table Text Block]
Recent Accounting Pronouncements
New Accounting Pronouncements, Policy [Policy Text Block]
Royal Bank of Canada [Member]
Royal Bank of Canada [Member]
Royal Bank of Canada [Member]
Proceeds from disposition of investments
Payments for (Proceeds from) Investments
Securitized residential mortgage loans
Securitized Residential Mortgage Loans and REO [Member]
Residential mortgage loans and REO held in consolidated securitiztion trusts. [Member]
Financing Receivable Credit Quality Indicators [Table Text Block]
Financing Receivable Credit Quality Indicators [Table Text Block]
Schedule of Investments [Line Items]
Schedule of Investments [Line Items]
Entity Address, Postal Zip Code
Entity Address, Postal Zip Code
Corporate debt securities
Corporate Debt [Member]
Corporate debt instruments can include bank debt, direct debit investment in a corporation or private entity, bonds issued by corporations.
Proceeds from reverse repurchase agreements
Proceeds from Securities Purchased under Agreements to Resell
Purchase Commitment, Remaining Minimum Amount Committed
Purchase Commitment, Remaining Minimum Amount Committed
Credit Derivatives Contract Type [Domain]
Credit Derivatives Contract Type [Domain]
Amortized Cost
Available-for-sale Securities, Amortized Cost Basis
Options
Options [Member]
Contracts conveying rights, but not obligations, to buy or sell a specific commodity, or financial or equity instrument, at a specified price during a specified period (an American option) or at a specified date (a European option)
Investment Sold, Not yet Purchased, Balance, Shares
Investment Sold, Not yet Purchased, Balance, Shares
Investments by Secondary Categorization [Domain]
Investments by Secondary Categorization [Domain]
Credit default swaps
Credit Default Swap [Member]
Investments in Unconsolidated Entities
Equity Method Investments [Policy Text Block]
Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale [Line Items]
Total Assets
Assets
Credit default swaps on asset-backed securities
Credit Default Swaps, Asset-Backed Securities [Member]
Credit Default Swaps, Asset-Backed Securities [Member]
Preferred Stock, Liquidation Preference, Value
Preferred Stock, Liquidation Preference, Value
Equity Method Investment, Summarized Financial Information, Total other income (loss)
Equity Method Investment, Summarized Financial Information, Total other income (loss)
Amount of total other income (loss) (including realized and unrealized gains (losses) on investments) reported by equity method investee.
Entity Shell Company
Entity Shell Company
Credit default swaps on corporate bond indices
Credit Default Swaps On Corporate Bond Indices [Member]
Credit Default Swaps On Corporate Bond Indices [Member]
Subsequent Event [Member]
Subsequent Event [Member]
Roll-Forward of Company's LTIP Units Outstanding
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]
Securities by Weighted Average Life
Securities classified by estimated remaining life [Table Text Block]
Tabular disclosure for securities by range of estimated weighted average remaining life.
Financial Instruments Available for Offset
Securities Purchased under Agreements to Resell, Not Offset, Policy Election Deduction
Federal National Mortgage Association (30 Year) 3 Point 00 Percent [Member]
Federal National Mortgage Association (30 Year) 3 Point 00 Percent [Member]
Federal National Mortgage Association (30 Year) 3 Point 00 Percent [Member]
Barclays Capital Inc Collateralized by Par Value $1,200 Exchange-Traded Corporate Debt, Coupon 9.88%, Maturity Date 2024 02 [Member]
Barclays Capital Inc Collateralized by Par Value $1,200 Exchange-Traded Corporate Debt, Coupon 9.88%, Maturity Date 2024 02 [Member]
Barclays Capital Inc Collateralized by Par Value $1,200 Exchange-Traded Corporate Debt, Coupon 9.88%, Maturity Date 2024 02 [Member]
Fixed Rate commercial Mortgage
Fixed Rate commercial Mortgage [Member]
Fixed Rate commercial Mortgage
Unrealized gains (losses) on securities and loans, net
Unrealized (gains) losses on securities and loans, net
Securities And Loans, Unrealized Gains (Losses)
Securities And Loans, Unrealized Gains (Losses)
NEW JERSEY
PENNSYLVANIA
Interest payable
Interest Payable
Reclassification and Presentation
Comparability of Prior Year Financial Data, Policy [Policy Text Block]
Securities Investment [Member]
Securities Investment [Member]
Debt Security, Government, Non-US [Member]
Debt Security, Government, Non-US [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $750,000 and $999,999
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $750,000 and $999,999 [Member]
Unrealized Losses, Greater than 12 Months
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss
Senior notes issued in securitization transaction
Senior notes issued in securitization transaction
Original face amount of senior notes issued pursuant to the securitization.
Non-Agency RMBS
Mortgage-backed Securities, Issued by Private Enterprises [Member]
Proceeds from principal payments of loans
Proceeds from Collection of Loans Receivable
OREGON
OREGON
Federal National Mortgage Association Pools (Thirty Year) Three Percent [Member]
Federal National Mortgage Association Pools (Thirty Year) Three Percent [Member]
Federal National Mortgage Association Pools (Thirty Year) Three Percent [Member]
Long-term Debt, Type [Domain]
Long-term Debt, Type [Domain]
Securities purchased under agreements to resell [Axis]
Securities purchased under agreements to resell [Axis]
Securities purchased under agreements to resell [Axis]
Professional fees
Professional Fees
Measurement input, Projected Collateral Scheduled Amortization
Measurement input, projected collateral scheduled amortization [Member]
Projected collateral repayment after projected prepayments, losses and severities, expressed as a percentage of collateral's current principal balance and used as an input to fair value.
Cumulative Redeemable Preferred Stock
Cumulative Preferred Stock [Member]
Operating Partnership Units Issued
Operating Partnership Units Issued
Operating Partnership Units issued.
Variable Interest Entities
Consolidation, Variable Interest Entity, Policy [Policy Text Block]
Bank of America Securities Collateralized by Par Value $463 U.S. Treasury Note, Coupon 2.63%, Maturity Date 2023 06 [Member]
Bank of America Securities Collateralized by Par Value $463 U.S. Treasury Note, Coupon 2.63%, Maturity Date 2023 06 [Member]
Bank of America Securities Collateralized by Par Value $463 U.S. Treasury Note, Coupon 2.63%, Maturity Date 2023 06 [Member]
Federal Home Loan Mortgage Corporation [Member]
Federal Home Loan Mortgage Corporation [Member]
Federal home loan mortgage corporation [Member]
Class of Stock [Domain]
Class of Stock [Domain]
Disposal Group Classification [Axis]
Disposal Group Classification [Axis]
Repurchase agreements, remaining days to maturity
Assets sold under agreements to repurchase, remaining days to maturity
Assets sold under agreements to repurchase, remaining days to maturity
Morgan Stanley Collateralized by Par Value $1,000 Exchange-Traded Corporate Debt, Coupon 5.95%, Maturity Date 2026 12 [Member]
Morgan Stanley Collateralized by Par Value $1,000 Exchange-Traded Corporate Debt, Coupon 5.95%, Maturity Date 2026 12 [Member]
Morgan Stanley Collateralized by Par Value $1,000 Exchange-Traded Corporate Debt, Coupon 5.95%, Maturity Date 2026 12 [Member]
Reverse repurchase agreements
Repurchase agreements, at fair value
Securities Purchased under Agreements to Resell, Not Subject to Master Netting Arrangement
Consumer Loans, Delinquency Status [Table Text Block]
Consumer Loans, Delinquency Status [Table Text Block]
Schedule of consumer loans by delinquency status.
Restricted Cash and Investments [Abstract]
Restricted Cash and Investments [Abstract]
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note [Abstract]
Borrowings [Line Items]
Borrowings [Line Items]
[Line Items] for Borrowings [Table]
Risks and Uncertainties [Abstract]
Risks and Uncertainties [Abstract]
Derivative fixed interest rate including forward-starting swaps
Derivative fixed interest rate including forward-starting swaps
Fixed interest rate related to the interest rate derivative, including forward-starting derivative.
Grant Date
LTIP Unit, Grant Date
Date the LTIP unit was granted.
More Than 360 Days
Maturity 181 to 360 days [Member]
Maturity 181 to 360 days [Member]
Recovery swaps
Recovery Swap [Member]
Receive a specified recovery rate in exchange for the actual recovery rate on the underlying
Transaction Type [Axis]
Transaction Type [Axis]
Entity File Number
Entity File Number
Net LIBOR OAS [Member]
Net LIBOR OAS [Member]
Net LIBOR OAS (includes negative and positive OAS inputs) [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]
Net Income (Loss) per Share of Common Stock:
Earnings Per Share, Basic and Diluted [Abstract]
Impairment Losses, Recognized in Earnings
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net
Principal And Interest Fixed Rate Agency Securities [Member]
Principal And Interest Fixed Rate Agency Securities [Member]
A security issued by a government agency or government sponsored enterprise which makes principal and fixed interest rate payments.
Schedule of Futures Contracts [Table Text Block]
Schedule of Futures Contracts [Table Text Block]
Tabular disclosure of futures contracts.
MASSACHUSETTS
WASHINGTON
Expected principal repayments related to consolidated residential mortgage loan securitizations
Expected principal repayments related to consolidated residential mortgage loan securitizations
Expected principal repayments related to consolidated residential mortgage loan securitizations
Investment Related Expenses
Other Investment Related Expenses [Policy Text Block]
The Company's policy for recognition of expenses directly related to specific financial instruments.
Document Fiscal Period Focus
Document Fiscal Period Focus
Financial Instruments [Domain]
Financial Instruments [Domain]
Incentive fee hurdle rate floating
Incentive fee hurdle rate floating
Percentage added onto the ten-year U.S. Treasury rate (for such fiscal quarter) to aggregate the floating hurdle rate used in the incentive fee calculation per the management agreement.
Increase (decrease) in accrued expenses and other liabilities
Increase (Decrease) in Other Accounts Payable and Accrued Liabilities
Unrealized gains (losses) on financial derivatives, net
Unrealized Gain (Loss) on Derivatives, Including Gain Loss from Foreign Currency Remeasurement
Unrealized Gain (Loss) on Derivatives, Including Gain Loss from Foreign Currency Remeasurement
Consumer loans and asset-backed securities backed by consumer loans
Consumer loans and asset-backed securities backed by consumer loans
Consumer loans and asset-backed securities backed by consumer loans [Member]
Consumer loans and asset-backed securities backed by consumer loans [Member]
Schedule of Deferred Tax Assets and Liabilities
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
Principal payments on Other secured borrowings, at fair value (non-cash)
Principal payments on Other secured borrowings, at fair value (non-cash)
Principal payments on Other secured borrowings, at fair value (non-cash)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Face Amount of Mortgages
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Face Amount of Mortgages
Schedule of Consolidated VIEs
Schedule of Variable Interest Entities [Table Text Block]
Change in Net Unrealized Gains (Losses) Other Than on Accrued Periodic Settlements of Interest Rate Swaps
Change in Net Unrealized Gains (Losses) on Accrued Periodic Settlements
Change in Net Unrealized Gains (Losses) on Accrued Periodic Settlements
Organization, Consolidation and Presentation of Financial Statements [Table]
Organization, Consolidation and Presentation of Financial Statements [Table]
Organization, Consolidation and Presentation of Financial Statements [Table]
European Sovereign Bond [Member]
European Sovereign Bond [Member]
European Sovereign Bond [Member]
Unrealized gains (losses) on financial derivatives, net
Unrealized (gains) losses on financial derivatives, net
Unrealized Gain (Loss) on Derivatives
Restricted Cash [Line Items]
Restricted Cash and Cash Equivalents Items [Line Items]
Vesting Date(1)
LTIP Unit, Vesting Date
Date the LTIP unit vests.
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Government National Mortgage Association Four Percent [Member]
Government National Mortgage Association Four Percent [Member]
Government National Mortgage Association Four Percent [Member]
Other Secured Borrowings
Unrealized Gain (Loss) on Other Secured Borrowings
The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of Other secured borrowings, held at each balance sheet date and included in earnings for the period.
Incentive fee, description
Incentive Fee, Description
Long Investment Holdings Percent Of Equity by Rating
Long Investment Holdings Percent Of Equity by Rating
Long investment holdings as a percentage of equity classified by rating
Virginia [Member]
VIRGINIA
Advances made under warehouse facility
Advances made under warehouse facility
Amount outstanding and owed to the Company under a warehouse facility.
Change in Net Unrealized Gains (Losses) on Accrued Periodic Settlements of Interest Rate Swaps
Change in Net Unrealized Gains (Losses) on Accrued Periodic Settlements of Interest Rate Swaps
Change in Net Unrealized Gains (Losses) on Accrued Periodic Settlements of Interest Rate Swaps
Statement [Line Items]
Statement [Line Items]
Due from brokers, net
Proceeds From Brokers, Investing Activities
Proceeds From Brokers, Investing Activities
Base management fee payable to affiliate
Management Fee Payable
Proceeds from financial derivatives
Proceeds from financial derivatives
Proceeds from financial derivatives
Results of Operations Attributable to Equity
Investment Company, Investment Income (Loss) from Operations, Per Share
Borrowings [Table]
Borrowings [Table]
Borrowings [Table]
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Abstract]
Dividends declared (in usd per share)
Common Stock, Dividends, Per Share, Declared
Net Unrealized Gain (Loss)
Total Unrealized Gain (Loss)
The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of investments, other secured borrowings, derivative instruments, held at each balance sheet date, and foreign currency translation, that was included in earnings for the period.
Earnings Per Share ("EPS")
Earnings Per Share, Policy [Policy Text Block]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Text Block]
Concentration risk threshold
Concentration Risk Treshold
Threshold used by the Company to determine disclosure of counterparty concentration risk.
UTAH
UTAH
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $1,500,000 and $1,749,999
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $1,500,000 and $1,749,999 [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $1,500,000 and $1,749,999
Corporate equity, gross unrealized gains
Available-for-sale Equity Securities, Accumulated Gross Unrealized Gain, before Tax
Derivative Asset, Fair Value, Gross Liability
Derivative Asset, Fair Value, Gross Liability
Real estate owned
Real estate owned
Wholly Owned Properties [Member]
Cash flows provided by (used in) operating activities:
Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract]
Noncontrolling Interest [Line Items]
Noncontrolling Interest [Line Items]
Shares Issued As Payment of Incentive Fee
Shares Issued As Payment of Incentive Fee
Value of shares issued to affiliate as partial payment for performance fees.
Amendment Flag
Amendment Flag
Operating Partnership LTIP Units (in units)
Operating Partnership LTIP Units
Operating Partnership LTIP Units
Capital expenditures and other adjustments to cost
Real Estate Acquired Through Foreclosure, Capital Expenditures And Other Adjustments
Real Estate Acquired Through Foreclosure, Capital Expenditures And Other Adjustments
Shares Repurchased
Shares Repurchased Policy [Policy Text Block]
Disclosure of accounting policy regarding the treatment of repurchased common shares.
Number of Counterparties with Outstanding Reverse Repurchase Agreements
Number of Counterparties with Outstanding Reverse Repurchase Agreements
Number of Counterparties with Outstanding Reverse Repurchase Agreements
Texas [Member]
TEXAS
Dividends on preferred stock
Dividends, Preferred Stock
Common stock, shares outstanding
Beginning balance (in shares)
Ending balance (in shares)
Common Stock, Shares, Outstanding
Futures
Future [Member]
U.S. Treasury Note, 2.88 Percent, Maturity Date 2021 11 [Member] [Domain]
U.S. Treasury Note, 2.88 Percent, Maturity Date 2021 11 [Member] [Domain]
U.S. Treasury Note, 2.88 Percent, Maturity Date 2021 11 [Member] [Domain]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Interest Rate
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Interest Rate
us-gaap_MeasurementInputDiscountRateIncludingNegativeRateMember [Member]
us-gaap_MeasurementInputDiscountRateIncludingNegativeRateMember [Member]
us-gaap_MeasurementInputDiscountRateIncludingNegativeRateMember
Level 1
Fair Value, Inputs, Level 1 [Member]
Federal Home Loan Mortgage Corporation Pools (Twenty Year) Four Point Five Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Twenty Year) Four Point Five Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Twenty Year) Four Point Five Percent [Member]
Derivative Maturity Period [Domain]
Derivative Maturity Period [Domain]
[Domain] for Derivative Maturity Period [Axis]
Director [Member]
Director [Member]
Common Stock Capitalization
Stockholders' Equity Note Disclosure [Text Block]
Transfers from mortgage loans to real estate owned (non-cash)
Transfers from mortgage loans
Real Estate Owned, Transfer to Real Estate Owned
Dividends
Dividends
IcfrAuditorAttestationFlag
IcfrAuditorAttestationFlag
IcfrAuditorAttestationFlag
Tennessee [Member]
TENNESSEE
Fair Value, Total
Debt Securities, Available-for-sale, Unrealized Loss Position
Elizon TCG SBC 2017-1
Elizon TCG SBC 2017-1 [Member]
Elizon TCG SBC 2017-1
Purchase of investments (non-cash)
Purchase of Investments Non Cash
Purchase of Investments Non Cash
Underlying Asset Class [Axis]
Underlying Asset Class [Axis]
Earnings (losses) from investments in unconsolidated entities
(Earnings) losses from investments in unconsolidated entities
Income (Loss) from Equity Method Investments
Other secured borrowings, Proceeds
Other secured financing proceeds
Proceeds received from secured financing other than securities sold under agreements to repurchase and securities loaned.
Preferred Stock Dividend Rate Variable Rate Spread
Preferred Stock Dividend Rate Variable Rate Spread
The percentage rate spread over three-month LIBOR used to calculate dividend payments on preferred stock after fixed rate term ends.
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Cost of Mortgage Sold
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Cost of Mortgage Sold
Total Net Unrealized Gain Loss On Investments, Other Secured Borrowings, Financial Derivatives, and Foreign Currency Translation (excluding FX on cash)
Total Net Unrealized Gain Loss On Investments, Other Secured Borrowings, Financial Derivatives, and Foreign Currency Translation (excluding FX on cash)
Total change in net unrealized gains or losses on investments, other secured, borrowings, financial derivatives, and foreign currency translation on investments and financial derivatives. Excludes foreign currency translation on cash.
Fair value of charged-off loans
Fair value of charged-off loans
Fair value of loans that have been charged-off (loans are charged-off when they become greater than 120 days delinquent) but where it has been determined that it is probable the loan servicer will be able to collect principal and interest.
Maturity term of derivative contract underlying options contracts
Maturity term of derivative contract underlying options contracts
Maturity term of derivative contract underlying options contracts
Corporate debt securities
Corporate Debt Sold Short [Member]
Corporate Debt Sold Short [Member]
Investment Company, Expense Ratio after Incentive Allocation
Investment Company, Expense Ratio after Incentive Allocation
Economic interest retained
Economic interest retained
Economic interest in CLO securitization retained by affiliated entity in compliance with risk retention rules.
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments and Joint Ventures [Abstract]
Number of loans
Financing Receivable, Number Of Loans
Financing Receivable, Number Of Loans
Federal Home Loan Mortgage Corporation Pools (Other) Four Point Five Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Other) Four Point Five Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Other) Four Point Five Percent [Member]
Stock issued during period, shares, conversion of units
Stock issued during period, shares, conversion of units
Stock Issued During Period, Shares, Conversion of Units
Investments
Investments [Member]
Securities purchased under agreements to resell [Domain]
Securities purchased under agreements to resell [Domain]
[Domain] for Securities purchased under agreements to resell [Axis]
Participation in multi-borrower financing facility
Participation in multi-borrower financing facility [Member]
Participation in multi-borrower financing facility [Member]
Non-controlling Interests
Noncontrolling Interest Disclosure [Text Block]
Corporate equity securities
Equity Securities [Member]
Repayments of reverse repurchase agreements non cash
Repayments of reverse repurchase agreements non cash
Repayments of reverse repurchase agreements non cash
Granted
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross
Government National Mortgage Association Pools (Thirty Year) Four Point Five Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Four Point Five Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Four Point Five Percent [Member]
Unrelated third party joint venture interest
Unrelated third party joint venture interest [Member]
Unrelated third party joint venture interest [Member]
Total Scheduled Repayment of Principal
Long-term Debt, Maturities, Repayments of Principal, Total
Total amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing.
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Six Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Six Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Six Percent [Member]
Entity Current Reporting Status
Entity Current Reporting Status
U.S. Treasury securities
US Treasury Securities [Member]
Schedule of Assets Sold under Agreements to Repurchase [Table]
Schedule of Assets Sold under Agreements to Repurchase [Table]
Federal Home Loan Mortgage Corporation Pools [Member]
Federal Home Loan Mortgage Corporation Pools [Member]
Federal Home Loan Mortgage Corporation Pools [Member]
Noncontrolling Interest [Abstract]
Noncontrolling Interest [Abstract]
Distributions from investments in unconsolidated entities
Distributions from investments in unconsolidated entities
Distributions from investments in unconsolidated entities
Estimate weighted average life [Axis]
Estimate weighted average life [Axis]
Estimate weighted average life [Axis]
Forwards
Forward Contracts [Member]
Common Stock
Common Stock [Member]
Interest Rate/Currency Risk [Member]
Interest Rate/Currency Risk [Member]
Interest Rate/Currency Risk [Member]
Government National Mortgage Association Six Percent [Member]
Government National Mortgage Association Six Percent [Member]
Government National Mortgage Association Six Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Five Point Five Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Five Point Five Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Five Point Five Percent [Member]
Unrealized Gain (Loss) on Derivatives and Commodity Contracts [Abstract]
Unrealized Gain (Loss) on Derivatives and Commodity Contracts [Abstract]
Undistributed (Distributed in excess of) (usd per share)
Earnings Per Share, Diluted, Undistributed
Net increase (decrease) in equity resulting from operations
Net Income (Loss) Attributable to Non-Participating Non-controlling Interest
Net income (loss) attributable to non-controlling interest that does not own units convertible to common shares. This income (loss) is excluded in the calculation of earnings per share.
Credit
Credit Portfolio [Member]
Investments in the Company's credit portfolio. Such investments can include non-Agency (private issued) RMBS and CMBS, collateralized loan obligations, and consumer loans.
Total return swaps
Total Return Swap [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from Issuance of Preferred Stock and Preference Stock
Proceeds from Issuance of Preferred Stock and Preference Stock
U.S. Treasury Note, 2.88 Percent, Maturity Date 2023 10 [Member] [Domain]
U.S. Treasury Note, 2.88 Percent, Maturity Date 2023 10 [Member] [Domain]
U.S. Treasury Note, 2.88 Percent, Maturity Date 2023 10 [Member] [Domain]
Federal National Mortgage Association Pools (Thirty Year) Five Point Five Percent [Member]
Federal National Mortgage Association Pools (Thirty Year) Five Point Five Percent [Member]
Federal National Mortgage Association Pools (Thirty Year) Five Point Five Percent [Member]
ILLINOIS
ILLINOIS
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
Schedule of Credit Default Swaps [Table Text Block]
Schedule of Credit Default Swaps [Table Text Block]
Tabular disclosure of credit default swaps.
Affiliated Entity [Member]
Affiliated Entity [Member]
Other Securities
Other Investment Securities [Member]
Other Investment Securities [Member]
Entity Small Business
Entity Small Business
Indiana [Member]
INDIANA
Financial [Member]
Financial [Member]
Financial [Member]
Purchase of investments
Payments to Acquire Investments
Assets, Transfers into Level 3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3
Entity Filer Category
Entity Filer Category
2021 Scheduled Repayment of Principal
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Four
Proceeds
Proceeds from Sale of Available-for-sale Securities
Deferred Tax Liabilities, Gross
Deferred Tax Liabilities, Gross
Valuation
Fair Value of Financial Instruments, Policy [Policy Text Block]
Investment Company, Financial Highlights
Investment Company, Financial Highlights [Text Block]
Interest rate swaps
Interest Rate Swap [Member]
RBC Capital Markets LLC Collateralized by Par Value $500 Exchange-Traded Corporate Debt, Coupon 5.75%, Maturity Date 2022 10 [Member]
RBC Capital Markets LLC Collateralized by Par Value $500 Exchange-Traded Corporate Debt, Coupon 5.75%, Maturity Date 2022 10 [Member]
RBC Capital Markets LLC Collateralized by Par Value $500 Exchange-Traded Corporate Debt, Coupon 5.75%, Maturity Date 2022 10 [Member]
Total Liabilities and Equity
Liabilities and Equity
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans under $250,000
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans under $250,000 [Member]
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Abstract]
Percentage of Total Outstanding Unpaid Principal Balance
Concentration Risk, Percentage
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Four Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Four Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Four Percent [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $2,500,000 and $2,749,999
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $2,500,000 and $2,749,999 [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $2,500,000 and $2,749,999
Investment, measurement input
Investment Fair Value Measurement Input, Decimal Type
Investment fair value measurement input (investment can include but is not limited to securities, equity, loans, and real estate). Shown as a decimal.
Schedule of Long-term Debt Instruments [Table]
Schedule of Long-term Debt Instruments [Table]
Corporate debt securities
Corporate Debt Securities [Member]
Other income
Other Operating Income
Document Fiscal Year Focus
Document Fiscal Year Focus
Note Purchase Agreement July 2019 [Member]
Note Purchase Agreement July 2019 [Member]
Note purchase agreement (agreement to lend) executed in July 2019.
Secured borrowing facility collateralized by unsecured loan portfolio
Secured borrowing facility collateralized by unsecured loan portfolio [Member]
Secured borrowing facility collateralized by unsecured loan portfolio [Member]
Current State and Local Tax Expense (Benefit)
Current State and Local Tax Expense (Benefit)
Retained, non-risk retention [Member]
Retained, non-risk retention [Member]
Retained, non-risk retention [Member]
Proceeds from disposition of securities
Proceeds from Sale of Debt Securities, Available-for-sale
Schedule of Stock by Class [Table]
Schedule of Stock by Class [Table]
Equity Market/Credit Risk [Member]
Equity Market/Credit Risk [Member]
Equity Market/Credit Risk [Member]
CS First Boston Limited [Member]
CS First Boston Limited [Member]
CS First Boston Limited [Member]
Real estate-related [Member]
Real estate-related [Member]
Real estate-related [Member]
Long-term Debt, Maturities, Repayments of Principal after Year Five
Long-term Debt, Maturities, Repayments of Principal after Year Five
Credit default swaps on corporate bond indices
Credit Default Swap, Corporate Bond Indices [Member]
Credit Default Swap, Corporate Bond Indices [Member]
US Government Debt Securities [Member]
US Government Debt Securities [Member]
Repayments of Secured Debt
Repayments of Secured Debt
Investment Company, Financial Highlights [Abstract]
Swap [Member]
Swap [Member]
Accounts payable and accrued expenses
Accounts Payable and Accrued Liabilities
European sovereign bonds
Foreign Government Debt [Member]
Schedule of Credit Derivatives [Table]
Schedule of Credit Derivatives [Table]
Federal National Mortgage Association (30 Year) 4 Point 00 Percent [Member]
Federal National Mortgage Association (30 Year) 4 Point 00 Percent [Member]
Federal National Mortgage Association (30 Year) 4.00%
Other investment related expenses
Other investment related expenses [Abstract]
Other investment related expenses [Abstract]
Common stock
Common Stock Sold Short, by industry [Member]
This element provides for investments in common stock sold short required to be summarized by the following industries: (1) public utilities; (2) banks, trust and insurance companies; (3) industrial, miscellaneous and all other.
Award Type [Axis]
Award Type [Axis]
Financial derivatives-currency hedges
Net realized gain (loss) on currency hedges
Net realized gain (loss) on currency hedges
Debt, measurement input
Debt Instrument, Measurement Input, Percent
Value of input used to measure debt instrument, including, but not limited to, convertible and non-convertible debt.Shown as a percent.
Non-performing commercial mortgage loans and commercial real estate owned
Non-performing Commercial Mortgage Loans and Commercial Real Estate Owned [Member]
Non-performing Commercial Mortgage Loans and Commercial Real Estate Owned [Member]
Derivative Liability, Fair Value, Gross Asset
Derivative Liability, Fair Value, Gross Asset
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Four Point Five Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Four Point Five Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Four Point Five Percent [Member]
Commercial Property [Member]
Commercial Property [Member]
Commercial Property [Member]
Schedule of Unvested LTIP Units [Table]
Schedule of Unvested LTIP Units [Table]
Schedule of Unvested LTIP Units [Table]
Investment Income
Investment Income [Table Text Block]
Liabilities, Accreted Discounts/Amortized Premiums
Fair Value, Measurement With Unobservable Inputs Reconciliations, Recurring Basis, Liability, Accreted Discounts/Amortized Premiums
Fair Value, Measurement With Unobservable Inputs Reconciliations, Recurring Basis, Liability, Accreted Discounts/Amortized Premiums
Net income (loss) attributable to non-controlling interests
Net Income (Loss) Attributable to Noncontrolling Interest
Financing Receivable, Allowance for Credit Loss
Financing Receivable, Allowance for Credit Loss
Repayments of repurchase agreement (non-cash)
Repayments of repurchase agreement (non-cash)
Non-cash repayments of borrowings from securities sold under agreements to repurchase.
61-90 Days
Maturity 61 to 90 days [Member]
Maturity 61 to 90 days [Member]
OHIO
OHIO
Number of Real Estate Properties
Beginning Balance
Ending Balance
Number of Real Estate Properties
Geographical [Axis]
Geographical [Axis]
Deferred Tax Assets, Investments
Deferred Tax Assets, Investments
Non-performing loans, maturity date not applicable
Non-performing loans, maturity date not applicable
Fair value of non-performing loans where a maturity date is not applicable and this is not included in the disclosed date range.
Investment Sold, Not yet Purchased, Percent of Net Assets
Investment Sold, Not yet Purchased, Percent of Net Assets
Retained Earnings/(Accumulated Deficit)
Retained Earnings [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Original Loan Amount [Domain]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Original Loan Amount [Domain]
Other Equity Method Investments [Member]
Other Equity Method Investments [Member]
Other Equity Method Investments [Member]
Foreign currency transactions
Realized (gains) losses other, net—foreign currency transaction
Foreign Currency Transaction Gain (Loss), Realized
Subsequent Event Type [Domain]
Subsequent Event Type [Domain]
Equity Market Risk [Member]
Equity Market Risk [Member]
Equity Market Risk [Member]
Management Fee Expense, Rebates
Management Fee Expense, Rebates
Management Fee Expense, Rebates
Transferor [Domain]
Transferor [Domain]
[Domain] for Transferor [Axis]
Maryland [Member]
NEW YORK
NEW YORK
Minimum percentage of incentive fee to be paid in share
Minimum percentage of incentive fee to be paid in share
The minimum percentage of the incentive fee to be paid to the Manager in the form of common shares.
Total Face Amount of Notes Issued
Notes issued by CLO securitization
Original face amount of notes issued pursuant to a CLO securitization.
Termination Fee, Period
Termination Fee, Period
Termination Fee, Period
NEVADA
NEVADA
Total investments and financial derivatives
Total investments and financial derivatives
Total Investments And Financial Derivatives.
Document Period End Date
Document Period End Date
Weighted average shares outstanding (basic and diluted):
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Statement [Table]
Statement [Table]
Pledged Financial Instruments, Not Separately Reported, Securities For Repurchase Agreements Unsettled
Pledged Financial Instruments, Not Separately Reported, Securities For Repurchase Agreements Unsettled
The carrying amount as of the date of the latest financial statement presented of securities which are owned but transferred to serve as collateral for repurchase agreements which have been sold prior to period end but remain unsettled at the balance sheet date.
Interest Rate Cap [Member]
Interest Rate Cap [Member]
Entity Registrant Name
Entity Registrant Name
Investment, Name [Domain]
Investment, Name [Domain]
CMBS
Commercial Mortgage Backed Securities [Member]
Long Investment Bbb Rating [Member]
Long Investment Bbb Rating [Member]
BBB rating as derived from Standard and Poor's, Moody's, and/or Fitch.
Investment Owned, Percent of Net Assets
Investment Owned, Percent of Net Assets
NORTH CAROLINA
PENNSYLVANIA
NORTH CAROLINA
JP Morgan Securities LLC Collateralized by Par Value $3,400 U.S. Treasury Note, Coupon 3.13%, Maturity Date 2028 11 [Member]
JP Morgan Securities LLC Collateralized by Par Value $3,400 U.S. Treasury Note, Coupon 3.13%, Maturity Date 2028 11 [Member]
JP Morgan Securities LLC Collateralized by Par Value $3,400 U.S. Treasury Note, Coupon 3.13%, Maturity Date 2028 11 [Member]
Federal National Mortgage Association [Member]
Federal National Mortgage Association [Member]
Federal National Mortgage Association [Member]
Adjustment to non-controlling interests
Adjustments to non-controlling interests
Adjustments to non-controlling interests
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
Interest and Dividends Payable
Interest and Dividends Payable
Federal National Mortgage Association Pools (Fifteen Year) Four Percent [Member]
Federal National Mortgage Association Pools (Fifteen Year) Four Percent [Member]
Federal National Mortgage Association Pools (Fifteen Year) Four Percent [Member]
Accretive (Dilutive) Effect of Share Issuances (Net of Offering Costs), Share Repurchases, and Adjustments to Non-controlling interests
Accretive (Dilutive) Effect of Share Issuances (Net of Offering Costs), Share Repurchases, and Adjustments to Non-controlling interests
Per share impact of share issuances/repurchases, or adjustments to non-controlling interests.
Maximum
Maximum [Member]
Management fee rebate
Investment Company, Contractual Fee Waived
NEW JERSEY
MASSACHUSETTS
NEW JERSEY
Investment in Loans
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]
NORTH CAROLINA
MISSOURI
Available-for-sale securities Realizes Losses - Write offs
Available-for-sale securities Realizes Losses - Write offs
Realized losses resulting from a complete or partial write off once the Company has determined all or a portion of an impaired securities cost basis is uncollectible.
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent
Credit [Member]
Credit [Member]
Debt Securities, Available-for-sale, Purchased with Credit Deterioration, Allowance for Credit Loss at Acquisition Date
Debt Securities, Available-for-sale, Purchased with Credit Deterioration, Allowance for Credit Loss at Acquisition Date
Financing Receivable, Past Due [Table]
Financing Receivable, Past Due [Table]
Receivables [Abstract]
Receivables [Abstract]
Federal National Mortgage Association Pools (Twenty Year) Four Percent [Member]
Federal National Mortgage Association Pools (Twenty Year) Four Percent [Member]
Federal National Mortgage Association Pools (Twenty Year) Four Percent [Member]
Percentage of Total Collateral On Reverse Repurchase Agreements
Percentage of Total Collateral On Reverse Repurchase Agreements
Percentage of total collateral on reverse repurchase agreements held by a specific counterparty that is above a specified concentration risk threshold.
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $5,000,000 and $9,999,999
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $5,000,000 and $9,999,999 [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $5,000,000 and $9,999,999
Commercial mortgage loans and REO
Commercial mortgage loans and REO [Member]
Commercial mortgage loans and REO
Operating Partnership LTIP Units Distributed (in units)
Operating Partnership LTIP Units Distributed
Operating Partnership LTIP Units Distributed
U.S. Treasury futures
U.S. Treasury Futures [Member]
U.S. Treasury Futures [Member]
Ownership [Axis]
Ownership [Axis]
Entity Public Float
Entity Public Float
Investment purchased from related party
Investment purchased from related party [Member]
Investment purchased from related party [Member]
Net Amount
Derivative Liability, Fair Value, Offset Against Collateral, Net of Not Subject to Master Netting Arrangement, Policy Election
Long Investment Aaa Rating [Member]
Long Investment Aaa Rating [Member]
Long Investment Aaa Rating [Member]
MARYLAND
MARYLAND
Summary of Investments in Loans
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
Financial Instrument Performance Status [Domain]
Financial Instrument Performance Status [Domain]
Cash equivalents
Cash Equivalents [Member]
Equity Method Investments, Summarized Financial Information, Other assets
Equity Method Investments, Summarized Financial Information, Other assets
The amount of other assets reported by an equity method investment of the entity.
MASSACHUSETTS
MASSACHUSETTS
Quarterly Financial Information
Quarterly Financial Information [Text Block]
Aggregate To Be Announced Trade Activity Buys Sells Non Cash
Aggregate To Be Announced Trade Activity Buys Sells Non Cash
Represents the absolute value of To-Be-Announced mortgage pass-through certificates or "TBAs" transactions inclusive of TBA roll transactions and non-roll purchases and sales, all having closed or settled during the period.
Payments on financial derivatives
Payments on financial derivatives
Payments on financial derivatives
Investments sold short, at fair value, Proceeds
Investment Sold, Not yet Purchased, Sale Proceeds
Investment Sold, Not yet Purchased, Sale Proceeds
2020 [Member]
2020 [Member]
2020 [Member]
Schedule of Available-for-sale Securities [Table]
Schedule of Available-for-sale Securities [Table]
Proceeds from the disposition of loans (non-cash)
Proceeds from the disposition of loans (non-cash)
Proceeds from the disposition of loans (non-cash)
Related party joint venture interest
Related party joint venture interest [Member]
Related party joint venture interest [Member]
Federal Home Loan Mortgage Corporation Pools (Other) Three Point Five Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Other) Three Point Five Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Other) Three Point Five Percent [Member]
121-150 Days
Maturity 121 to 150 days [Member]
Maturity 121 to 150 days [Member]
Debt Instrument, Face Amount
Debt Instrument, Face Amount
Federal Home Loan Mortgage Corporation (30 Year) 4 Point 00 Percent [Member]
Federal Home Loan Mortgage Corporation (30 Year) 4 Point 00 Percent [Member]
Federal Home Loan Mortgage Corporation (30 Year) 4.00% [Member]
Net Realized Gains (Losses) on Periodic Settlements of Interest Rate Swaps
Net Realized Gains (Losses) on Periodic Settlements of Interest Rate Swaps
Net Realized Gains (Losses) on Periodic Settlements of Interest Rate Swaps
OP LTIP Units Unvested and Outstanding end of period
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares
15-year fixed-rate mortgages
Fixed Rate Residential Mortgages, 15 Year [Member]
Fixed Rate Residential Mortgages, 15 Year [Member]
Interest Only Private Label Securities [Member]
Interest Only Private Label Securities [Member]
Interest only private label securities [Member]
Dedicated or partially dedicated personnel [Member]
Dedicated or partially dedicated personnel [Member]
Dedicated or partially dedicated personnel [Member]
Debt instrument, measurement input
Debt Instrument, Measurement Input
US Bank N.A. [Member]
US Bank N.A. [Member]
US Bank N.A. [Member]
Investment Holdings, Other than Securities [Line Items]
Investment Holdings, Other than Securities [Line Items]
Government National Mortgage Association (30 Year) 3 Point 00 Percent [Member]
Government National Mortgage Association (30 Year) 3 Point 00 Percent [Member]
Government National Mortgage Association (30 Year) 3 Point 00 Percent [Member]
Financial derivative-assets, at fair value, Net Cost
Derivatives Cost
Represents cost basis of derivatives carried at fair value.
Accounting for Securities
Marketable Securities, Policy [Policy Text Block]
Proceeds from financial derivatives
Proceeds from Derivative Instrument, Investing Activities
Net increase (decrease) in equity from transactions
Net increase (decrease) in equity from transactions
Net Increase (Decrease) In Equity From Transactions
Prospective Adoption of New Accounting Pronouncements [Axis]
Prospective Adoption of New Accounting Pronouncements [Axis]
Collateralized Mortgage Backed Securities [Member]
Collateralized Mortgage Backed Securities [Member]
Liabilities, Payments
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements
Concentration Risk, Reverse Repurchase Agreements
Concentration Risk, Reverse Repurchase Agreements
Aggregate percentage of reverse repurchase agreements held with counterparties with percentages of risk above a specified threshold.
2021 [Member]
2021 [Member]
2021 [Member]
Investments, Debt and Equity Securities [Abstract]
Investments, Debt and Equity Securities [Abstract]
Distributed (in usd per share)
Earnings Per Share, Diluted, Distributed
Net Realized Gains (Losses) Other Than Periodic Settlements of Interest Rate Swaps
Net Realized Gains (Losses) on Periodic Settlements
Net Realized Gains (Losses) on Periodic Settlements
Incentive fee hurdle rate fixed
Incentive fee hurdle rate fixed
The fixed hurdle rate used in the incentive fee calculation per the management agreement.
Liabilities, Realized Gain/(Loss)
Fair Value, Measurement With Unobservable Inputs Reconciliations, Recurring Basis, Liability, Realized Gain/(Loss)
Fair Value, Measurement With Unobservable Inputs Reconciliations, Recurring Basis, Liability, Realized Gain/(Loss)
Equity method investment, measurement input
Equity Method Investment, Measurement Input
Equity Method Investment, Measurement Input
Schedule of Offsetting of Assets and Liabilities
Offsetting of Assets and Liabilities [Table Text Block]
Tabular disclosure of derivatives, repurchase agreements, and reverse repurchase agreements that are subject to offsetting.
Drawn down amount being guaranteed
Drawn down amount being guaranteed
Amount of borrowings outstanding under related party's MRA for which the Company has guaranteed repayment.
Long
Long [Member]
Federal National Mortgage Association Pools (Other) Four Point Five Percent [Member]
Federal National Mortgage Association Pools (Other) Four Point Five Percent [Member]
Federal National Mortgage Association Pools (Other) Four Point Five Percent [Member]
Statistical Measurement [Domain]
Statistical Measurement [Domain]
Government National Mortgage Association Pools (Thirty Year) Five Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Five Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Five Percent [Member]
Investments, at fair value (Cost - $2,970,306)
Fair Value
Investment Owned, at Fair Value
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Various Money Market Funds [Member]
Various Money Market Funds [Member]
Various Money Market Funds [Member]
Entity [Domain]
Entity [Domain]
Realized Losses, Write offs on loans
Realized Losses, Write offs on loans
Realized losses resulting from a complete or partial write off once the Company has determined all or a portion of an impaired loan's cost basis is uncollectible.
Commercial mortgage loans
Commercial Mortgage Loans [Member]
Commercial Mortgage Loans [Member]
Due From Broker [Member]
Due From Broker [Member]
Due From Broker [Member]
Long-Term Incentive Plan Units
Share-based Payment Arrangement
Share-based Payment Arrangement [Text Block]
Proceeds from principal payments of investments (non-cash)
Proceeds from principal payments of investments (non-cash)
Non-cash activity associated with the maturity and collection of all investments such as debt during the period.
Non-controlling Interest in Mortgage-related Private Partnership
Non-controlling Interest in Mortgage-related Private Partnership [Member]
Non-controlling Interest in Mortgage-related Private Partnership [Member]
Subsidiary, Sale of Stock [Line Items]
Subsidiary, Sale of Stock [Line Items]
Corporate Debt and non-exchange traded corporate equity [Member]
Corporate Debt and non-exchange traded corporate equity [Member]
Corporate Debt and non-exchange traded corporate equity [Member]
Interest Only Floating Rate Agency Securities [Member]
Interest Only Floating Rate Agency Securities [Member]
A security issued by a government agency or government sponsored enterprise which makes variable interest rate payments.
Investments and Financial Derivatives [Abstract]
Investments and Financial Derivatives [Abstract]
Investments and Financial Derivatives
Non-Manager [Member]
Non Manager [Member]
Non Manager [Member]
Technology Sector [Member]
Technology Sector [Member]
Investment Interest Rate
Investment Interest Rate
Weighted Average Coupon
Investment Interest Rate
Other Commitments [Table]
Other Commitments [Table]
Operating Partnership LTIP Units Issued (in units)
Operating Partnership LTIP Units Issued
Operating Partnership LTIP Units Issued
CALIFORNIA
CALIFORNIA
Retained, risk retention rules [Member]
Retained, risk retention rules [Member]
Retained, risk retention rules [Member]
Other Liabilities
Other Liabilities
Schedule of Restricted Cash [Table]
Restrictions on Cash and Cash Equivalents [Table]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Final Maturity Date
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Final Maturity Date
Vest December 17, 2022
Vest December 17, 2022 [Member]
Vest December 17, 2022
Operating Partnership LTIP Units Redeemed (in units)
Operating Partnership LTIP Units Redeemed
Operating Partnership LTIP Units Redeemed
Related Party [Axis]
Related Party [Axis]
Federal National Mortgage Association Pools (Thirty Year) Six Percent [Member]
Federal National Mortgage Association Pools (Thirty Year) Six Percent [Member]
Federal National Mortgage Association Pools (Thirty Year) Six Percent [Member]
Fair Value
Estimate of Fair Value Measurement [Member]
Counterparty Name [Axis]
Counterparty Name [Axis]
Earnings Per Share [Abstract]
Earnings Per Share [Abstract]
Schedule of Significant Unobservable Inputs, Qualitative Information
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
Federal National Mortgage Association (30 Year) 5 Point 00 Percent [Member]
Federal National Mortgage Association (30 Year) 5 Point 00 Percent [Member]
Federal National Mortgage Association (30 Year) 5.00% [Member]
Asset-backed securities, backed by consumer loans
Asset-backed Securities [Member]
Fair Value Hierarchy and NAV [Axis]
Fair Value Hierarchy and NAV [Axis]
Proceeds from issuance of shares, net
Proceeds from issuance of shares, net
Net proceeds from issuance of common shares. Net proceeds after underwriters' discount and offering costs.
Distributions to non-controlling interests
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders
Corporate loans transferred into CLO securitization
Corporate loans transferred into CLO securitization
Fair value of corporate loans transferred into CLO securitization
Non-Exchange Traded Preferred Equity Investment in Mortgage Originators [Member]
Non-Exchange Traded Preferred Equity Investment in Mortgage Originators [Member]
Non-Exchange Traded Preferred Equity Investment in Mortgage Originators [Member]
CLO IV Securitization [Member]
CLO IV Securitization [Member]
CLO IV Securitization [Member]
Total investment income
Interest and Other Income
Schedule Of Net Asset Based Total Return For Shareholders
Schedule Of Net Asset Based Total Return For Shareholders [Table Text Block]
Tabular disclosure for the entity's total return based on net asset value.
Termination Fee, Number Of Periods
Termination Fee, Number Of Periods
Termination Fee, Number Of Periods
ARIZONA
ARIZONA
Other secured borrowings, at fair value
Other secured borrowings, at fair value
Other secured borrowings, at fair value
Liabilities, at fair value, associated with consolidated securitization trusts. Shown net of notes held by the Company (eliminated in consolidation).
JP Morgan Securities LLC Collateralized by Par Value $2,800 U.S. Treasury Note, Coupon 2.88%, Maturity Date 2028 08 [Member]
JP Morgan Securities LLC Collateralized by Par Value $2,800 U.S. Treasury Note, Coupon 2.88%, Maturity Date 2028 08 [Member]
JP Morgan Securities LLC Collateralized by Par Value $2,800 U.S. Treasury Note, Coupon 2.88%, Maturity Date 2028 08 [Member]
Capital gain
Capital gain
The percentage of dividends which are classified as capital gains for tax purposes.
Elizon DB 2015-1 LLC [Member]
Elizon DB 2015-1 LLC [Member]
Elizon DB 2015-1 LLC [Member]
Securitized loans [Member]
Securitized loans [Member]
Loans securitized by the Company that have been consolidated by the Company.
Preferred Stock, Par or Stated Value Per Share
Preferred Stock, Par or Stated Value Per Share
Fair Value of borrowings, negative yield measurement input
Fair Value of borrowings, negative yield measurement input
Fair Value of borrowings, negative yield measurement input
Guarantor Obligations, Current Carrying Value
Guarantor Obligations, Current Carrying Value
Carrying Value
Real Estate Owned [Roll Forward]
Real Estate Owned [Roll Forward]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table]
Maturity Date Of Securities As Collateral On Repurchase Agreement1
Maturity Date Of Securities As Collateral On Repurchase Agreement1
Maturity date of collateral underlying repurchase agreement.
Vest December 13, 2020 [Member]
Vest December 13, 2020 [Member]
Vest December 13, 2020 [Member]
Equity Method Investment, Summarized Financial Information, Other liabilities
Equity Method Investment, Summarized Financial Information, Other liabilities
The amount of other liabilities reported by an equity method investment of the entity.
Equity Method Investment, Summarized Financial Information, Liabilities and Equity
Equity Method Investment, Summarized Financial Information, Liabilities and Equity
Total expenses
Operating Expenses
Operating Expenses
Cash Collateral (Received) Pledged
Derivative, Collateral, Obligation to Return Cash
To Be Announced RMBS [Abstract]
To Be Announced RMBS [Abstract]
To Be Announced RMBS [Abstract]
Schedule of Investments in Unconsolidated Entities
Equity Method Investments [Table Text Block]
Other Income (Loss)
Nonoperating Income (Expense) [Abstract]
Credit default swaps on corporate bonds
Credit Default Swap, Corporate Bonds [Member]
Credit Default Swap, Corporate Bonds [Member]
Long Investment Arating [Member]
Long Investment Arating [Member]
A rating as derived from Standard and Poor's, Moody's, and/or Fitch.
Purchase of Loans Non Cash
Purchase of Loans Non Cash
Purchase of Loans Non Cash
Investments Sold Short
Securities Sold, Not yet Purchased [Member]
Agency Securities [Member]
Agency Securities [Member]
Credit Derivatives Contract Type [Axis]
Credit Derivatives Contract Type [Axis]
Money Market Funds, at Cost
Money Market Funds, at Cost
Represents cost basis of money market funds carried at fair value.
Put Option [Member]
Put Option [Member]
Securities Sold under Agreements to Repurchase, Asset
Securities Sold under Agreements to Repurchase, Asset
Basic and Diluted (USD per share)
Earnings Per Share, Basic and Diluted
Shares issued in connection with incentive fee payment
Stock Issued During Period, Shares, Issued for Services
Government National Mortgage Association [Member]
Government National Mortgage Association [Member]
Government National Mortgage Association [Member]
Government National Mortgage Association Pools (Thirty Year) Three Point Seven Five Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Three Point Seven Five Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Three Point Seven Five Percent [Member]
Debt Disclosure [Abstract]
Debt Disclosure [Abstract]
Schedule of Maturities of Long-term Debt [Table Text Block]
Schedule of Maturities of Long-term Debt [Table Text Block]
Preferred Stock, Liquidation Preference Per Share
Preferred Stock, Liquidation Preference Per Share
Mortgage Originator
Mortgage Originator [Member]
Mortgage Originator [Member]
Minimum economic interest required to be retained
Minimum economic interest required to be retained
Minimum amount of economic interest required to be retained in securitization under risk retention rules.
Valuation, Market Approach
Valuation, Market Approach [Member]
Investments
Realized Investment Gains (Losses)
Variable Interest Entity [Line Items]
Variable Interest Entity [Line Items]
Federal Home Loan Mortgage Corporation Five Point FIve Percent [Member]
Federal Home Loan Mortgage Corporation Five Point FIve Percent [Member]
Federal Home Loan Mortgage Corporation Five Point FIve Percent [Member]
Performing residential mortgage loans
Performing Residential Mortgage Loans [Member]
Performing Residential Mortgage Loans [Member]
Deferred Federal Income Tax Expense (Benefit)
Deferred Federal Income Tax Expense (Benefit)
Financing Receivable, Past Due [Table Text Block]
Financing Receivable, Past Due [Table Text Block]
Reverse Repurchase Agreements Maturity
Reverse Repurchase Agreements Maturity
Reverse Repurchase Agreements Maturity
Securitization Transactions
Securitization Transactions [Table Text Block]
[Table Text Block] for Securitization Transactions [Table]
Statement of Financial Position [Abstract]
Statement of Financial Position [Abstract]
Divideds Paid Per Common Share
Divideds Paid Per Common Share
Per share dividend amount paid to common shareholders.
Redemption percentage
Debt Instrument, Redemption Price, Percentage
Loan accrual status [Domain]
Loan accrual status [Domain]
[Domain] for Loan accrual status [Axis]
Operating Partnership Units (in units)
Operating Partnership Units
Operating Partnership Units
Schedule of Real Estate Owned
Schedule Of Real Estate Owned [Table Text Block]
Schedule Of Real Estate Owned [Table Text Block]
Measurement Input, LIBOR OAS
LIBOR OAS [Member]
LIBOR OAS [Member]
JP Morgan Securities LLC Collateralized by Par Value $9,161 Sovereign Government Bond, Coupon 2.75%, Maturity Date 2019 04 [Member]
JP Morgan Securities LLC Collateralized by Par Value $9,161 Sovereign Government Bond, Coupon 2.75%, Maturity Date 2019 04 [Member]
JP Morgan Securities LLC Collateralized by Par Value $9,161 Sovereign Government Bond, Coupon 2.75%, Maturity Date 2019 04 [Member]
Noncontrolling Interest [Table]
Noncontrolling Interest [Table]
Operating Partnership Units [Member]
Operating Partnership Units [Member]
Common units of the Operating Partnership (as defined by the Company) not held by the Company.
Equity Method Investment, Ownership Percentage
Equity Method Investment, Ownership Percentage
Results of Operations Attributable to Shareholders' Equity
NetIncomeLossAttributableToParentPerShare
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent based on average common shares outstanding during the period.
Repurchase Agreements Interest Rate
Assets Sold under Agreements to Repurchase, Interest Rate
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $3,000,000 and $3,249,999
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $3,000,000 and $3,249,999 [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $3,000,000 and $3,249,999
Investment, Name [Axis]
Investment, Name [Axis]
Investment in unconsolidated entities, at fair value
Equity Method Investments, Fair Value Disclosure
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
GEORGIA
GEORGIA
Statement of Cash Flows [Abstract]
Statement of Cash Flows [Abstract]
Restricted cash
Restricted Cash
Face amount of investments purchased from related party
Face amount of investments purchased from related party
Face amount of investments purchased from related party.
Industry sector [Domain]
Industry Sector [Domain]
Non-controlling Interest
Noncontrolling Interest [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $2,000,000 and $2,249,999
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $2,000,000 and $2,249,999 [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $2,000,000 and $2,249,999
Incentive fee payable to affiliate
Accrued Incentive Fee
Represents the accrued expense incurred relating to performance based fees payable to the Manager.
Liabilities:
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Fair Value of Assets Transfered and Accounted for as Secured Borrowings
Transfers Accounted for as Secured Borrowings, Assets, Carrying Amount
Florida [Member]
FLORIDA
Sale of Stock [Domain]
Sale of Stock [Domain]
Expenses
Expenses [Policy Text Block]
The Company's policy for when expenses are recognized.
Proceeds received from Other secured borrowings, at fair value (non-cash)
Proceeds received from Other secured borrowings, at fair value (non-cash)
Proceeds received from Other secured borrowings, at fair value (non-cash)
Computation Of Basic And Diluted EPS
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Financial Derivatives
Derivative Instruments and Hedging Activities Disclosure [Text Block]
Government National Mortgage Association (30 Year) 5 Point 50 Percent [Member]
Government National Mortgage Association (30 Year) 5 Point 50 Percent [Member]
Government National Mortgage Association (30 Year) 5 Point 50 Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Five Point Five Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Five Point Five Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Five Point Five Percent [Member]
Fair Value, Impaired Loans
Fair Value, Impaired Loans
Fair Value of loans that incurred realized losses from impairment charges.
Available-for-sale Securities, Gross Realized Gains
Available-for-sale Securities, Gross Realized Gains
Financial Instruments Transferred or Pledged as Collateral
Financial Instruments, Owned and Pledged as Collateral, at Fair Value
Forward-starting interest rate swap [Member]
Forward-starting interest rate swap [Member]
Forward-starting interest rate swap [Member]
Fair Value Inputs, Yield Including Negative
Fair Value Inputs, Yield Including Negative
Fair Value Inputs, Yield Including Negative
JP Morgan Securities LLC Collateralized by Par Value $10,102 Sovereign Government Bond, Coupon 0.75%, Maturity Date 2021 07 [Member]
JP Morgan Securities LLC Collateralized by Par Value $10,102 Sovereign Government Bond, Coupon 0.75%, Maturity Date 2021 07 [Member]
JP Morgan Securities LLC Collateralized by Par Value $10,102 Sovereign Government Bond, Coupon 0.75%, Maturity Date 2021 07 [Member]
Cash Collateral (Received) Pledged
Securities Sold under Agreements to Repurchase, Collateral, Right to Reclaim Cash
Liabilities, Begining Balance
Liabilities, Ending Balance
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value
Financial Derivatives, excluding currency hedges
Unrealized Gain (Loss) on Financial Derivatives, excluding currency hedges
Unrealized Gain (Loss) on Financial Derivatives, excluding currency hedges
Income Taxes
Income Tax Disclosure [Text Block]
Unfunded commitment
Unfunded commitment
Amount of unfunded commitment at period end.
Long Investment Bb Rating [Member]
Long Investment Bb Rating [Member]
BB rating as derived from Standard and Poor's, Moody's, and/or Fitch.
Repurchase of shares of common stock (in shares)
Shares repurchased (in shares)
Shares repurchased
Stock Repurchased and Retired During Period, Shares
Record Date
Dividends Payable, Date of Record
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Increase decrease in interest and principal receivable
Increase decrease in interest and principal receivable
Increase decrease in interest and principal receivable
Financial Instruments Available for Offset
Securities Sold under Agreements to Repurchase, Not Offset, Policy Election Deduction
Net realized gains
Net realized gains
Net realized gains
Goldman Sachs Financial Square Funds - Government Fund [Member]
Goldman Sachs Financial Square Funds - Government Fund [Member]
Goldman Sachs Financial Square Funds - Government Fund [Member]
Debt issuance costs related to Other secured borrowings, at fair value
Cash outflow for debt issuance costs related to Other secured borrowings at fair value
Cash outflow for debt issuance costs related to Other secured borrowings carried at fair value which were expensed fully at time of issuance.
91-120 Days
Maturity 91 to 120 days [Member]
Maturity 91 to 120 days [Member]
Warrants
Warrant [Member]
Agency RMBS
US Government Agencies Debt Securities [Member]
Additional paid-in-capital
Other Additional Capital
Investment Company, Total Return after Incentive Fees
Investment Company, Total Return after Incentive Fees
Proceeds from issuance of Other secured borrowings (non-cash)
Proceeds from issuance of Other secured borrowings (non-cash)
Proceeds from issuance of Other secured borrowings (non-cash)
Derivative Maturity Period [Axis]
Derivative Maturity Period [Axis]
Derivative Maturity Period [Axis]
Base management fee, gross
Management Fee Expense, Gross
Management Fee Expense, Gross
Financial Asset, 1 to 29 Days Past Due [Member]
Financial Asset, 1 to 29 Days Past Due [Member]
Offsetting of Assets and Liabilities [Line Items]
Offsetting of Assets and Liabilities [Line Items]
[Line Items] for Offsetting of Assets and Liabilities [Table]
Stockholders' Equity, Period Increase (Decrease)
Stockholders' Equity, Period Increase (Decrease)
Weighted average life
Investment, estimated remaining life
Investment, estimated remaining life
Accounts payable and accrued expenses
Increase (Decrease) in Accounts Payable and Accrued Liabilities
Delinquent loans, charged off
Delinquent loans, charged off
Amount of unpaid principal balance that have been charged off during the period. Loans are charged-off when they become 120 days delinquent.
Entity Voluntary Filers
Entity Voluntary Filers
Money Market Funds, at Carrying Value
Money Market Funds, at Carrying Value
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Principal Amount of Delinquent Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Principal Amount of Delinquent Loans
Security Owned and Pledged as Collateral, Fair Value
Security Owned and Pledged as Collateral, Fair Value
Credit default swaps on corporate bonds
Credit Default Swaps On Corporate Bonds [Member]
Credit Default Swaps On Corporate Bonds [Member]
Receivables from Brokers-Dealers and Clearing Organizations
Receivables from Brokers-Dealers and Clearing Organizations
Non-controlling interest
Non-controlling interest policy [Policy Text Block]
Non-controlling interest policy [Policy Text Block]
Interest Receivable
Interest Receivable
CONNECTICUT
CONNECTICUT
Current Principal
Investment Owned, Face Amount
Exchange Traded Equity [Member]
Exchange Traded Equity [Member]
Exchange Traded Equity [Member]
Purchasing Entity
Purchasing Entity [Member]
Purchasing Entity [Member]
Investments
Unrealized Gain (Loss) on Investments
Total Stockholders' Equity
Parent [Member]
Loans purchased under commitment agreement
Loans purchased under commitment agreement
Loans purchased under commitment agreement
Additional Paid-in Capital
Additional Paid-in Capital [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Beginning Balance
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Ending Balance
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate
Flow consumer loan purchase and sale agreement
Flow purchase and sale agreement [Member]
Flow purchase and sale agreement [Member]
CLO I Securitization [Member]
CLO I Securitization [Member]
CLO I Securitization (CLO transaction June 2017) [Member]
Text Block [Abstract]
Deferred Tax Assets, Operating Loss Carryforwards
Deferred Tax Assets, Operating Loss Carryforwards
Repurchase of shares of common stock
Total cost
Stock Repurchased and Retired During Period, Value
Investment, measurement input, recovery time
Investment Fair Value Measurement Input, Recovery Timeline
Investment Fair Value Measurement Input, Recovery Timeline
LTIP Units
Share-based Payment Arrangement [Policy Text Block]
Derivatives Maturity Date
Derivatives Maturity Date
Maturity date of derivative contract.
Subsidiary or Equity Method Investee, Sale of Stock by Subsidiary or Equity Investee [Table]
Subsidiary or Equity Method Investee, Sale of Stock by Subsidiary or Equity Investee [Table]
Repurchase Agreements and Similar Transactions, Maturity Periods [Axis]
Repurchase Agreements and Similar Transactions, Maturity Periods [Axis]
151 to 180 Days
Maturity 151 to 180 days [Member]
Maturity 151 to 180 days [Member]
Colorado [Member]
COLORADO
Fair Value Measurement [Domain]
Fair Value Measurement [Domain]
Interest income
Interest Income
Interest Income, Operating
Debt Instrument, Interest Rate, Stated Percentage
Debt Instrument, Interest Rate, Stated Percentage
Valuation Approach and Technique [Domain]
Valuation Approach and Technique [Domain]
2019 Scheduled Repayment of Principal
Long-term Debt, Maturities, Repayments of Principal in Year Two
Credit Risk [Member]
Credit Risk Contract [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $1,00,000 and $1,249,999
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $1,00,000 and $1,249,999 [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans between $1,00,000 and $1,249,999
Schedule Of Percentage Of Total Collateral On Reverse Repurchase Agreements [Table Text Block]
Schedule Of Percentage Of Total Collateral On Reverse Repurchase Agreements [Table Text Block]
Tabular disclosure of the Company's percentage of total collateral on reverse repurchase agreements held by a counterparty that is above a specified concentration risk threshold.
Return of capital
Return of capital
The percentage of dividends which are classified as return of capital for tax purposes.
Unpaid Principal Balance, Impaired Loans
Unpaid Principal Balance, Impaired Loans
Unpaid principal balance of loans that incurred realized losses from impairment charges.
Government National Mortgage Association Pools (Thirty Year) Two Point Four Nine Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Two Point Four Nine Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Two Point Four Nine Percent [Member]
Face Amount of Notes Initially Purchased
Principal amount of notes purchased from related party CLO securitization
Principal amount of notes purchased from related party CLO securitization
Total secured borrowings
Total secured borrowings
Total secured borrowings under reverse repurchase agreements (securities sold under agreements to repurchase) and other secured borrowing transactions.
Vest March 7, 2019 [Member]
Vest March 7, 2019 [Member]
Vest March 7, 2019 [Member]
2035
2035 [Member]
2035
Total liabilities
Financial and Nonfinancial Liabilities, Fair Value Disclosure
Cash Collateral (Received) Pledged
Securities Purchased under Agreements to Resell, Collateral, Obligation to Return Cash
Measurement Input, Prepayment Rate
Measurement Input, Prepayment Rate [Member]
Government National Mortgage Association Pools (Thirty Year) Six Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Six Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Six Percent [Member]
Schedule of Residential Loan Securitizations
Schedule of Residential Loan Securitizations [Table Text Block]
Schedule of Residential Loan Securitizations [Table Text Block]
Government National Mortgage Association Five Point Five Percent [Member]
Government National Mortgage Association Five Point Five Percent [Member]
Government National Mortgage Association Five Point Five Percent [Member]
Securities or Other Assets Sold under Agreements to Repurchase [Axis]
Securities or Other Assets Sold under Agreements to Repurchase [Axis]
Dividend Per Share (USD per share)
Dividends Payable, Amount Per Share
Aggregate Purchase Price of Notes Initially Purchased
Cost of notes purchased from related party CLO securitization
Cost of notes purchased from related party CLO securitization
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Federal Income Tax Basis
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Federal Income Tax Basis
Other secured borrowings
Other Secured Financings
Number of Shares Underlying Warrant Contracts
Number of Shares Underlying Warrant Contracts
Number of Shares Underlying Warrant Contracts
Repurchase and Resale Agreements
Repurchase and Resale Agreements Policy [Policy Text Block]
Net Investment Income
Investment Company, Investment Income (Loss), Per Share
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Five Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Five Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Five Percent [Member]
Securities Purchased under Agreements to Resell, Liability
Securities Purchased under Agreements to Resell, Liability
Entity Common Stock, Shares Outstanding
Entity Common Stock, Shares Outstanding
To Be Announced RMBS
To Be Announced Securities [Table Text Block]
[Table Text Block] for To Be Announced Securities [Table]
Number of contracts
Number of contracts
Number of future contracts.
CLOs And Other Securities [Member]
Collateralized Loan Obligations And Other Securities [Member]
Collateralized Loan Obligations And Other Securities [Member]
Schedule of Equity Method Investments [Line Items]
Schedule of Equity Method Investments [Line Items]
% of Total Due from Brokers
Percentage Of Due from Broker
Percentage of total amount held by a specific counterparty included in Due from Brokers above a specified concentration risk threshold.
Total net up-front payments received
Up-Front Fees (Paid) Received On Credit Derivatives
Total net upfront fees (paid) received on credit derivatives.
Ellington Financial Operating Partnership LLC [Member]
Ellington Financial Operating Partnership LLC [Member]
Ellington Financial Operating Partnership LLC [Member]
Government National Mortgage Association Four Point Five Percent [Member]
Government National Mortgage Association Four Point Five Percent [Member]
Government National Mortgage Association Four Point Five Percent [Member]
Total investments and financial derivatives
Investment-related Liabilities
Measurement Frequency [Axis]
Measurement Frequency [Axis]
Equity Method Investment, Summarized Financial Information, Liabilities
Equity Method Investment, Summarized Financial Information, Liabilities
Diversified [Member]
Diversified [Member]
Diversified [Member]
Earnings Per Share
Earnings Per Share [Text Block]
Equity Method Investment, Summarized Financial Information, Interest Income
Equity Method Investment, Summarized Financial Information, Interest Income
Amount of interest income reported by equity method investee.
Investment Secondary Categorization [Axis]
Investment Secondary Categorization [Axis]
Award Type [Domain]
Award Type [Domain]
US Treasury Note Futures [Member]
US Treasury Note Futures [Member]
US Treasury Note Futures [Member]
Currency futures
Currency Futures [Member]
Currency Futures [Member]
Non-Exchange Traded Corporate Equity [Member]
Non-Exchange Traded Corporate Equity [Member]
Non-Exchange Traded Corporate Equity [Member]
Ownership [Domain]
Ownership [Domain]
Net Amount
Securities Purchased under Agreements to Resell, Offset Against Collateral, Net of Not Subject to Master Netting Arrangement, Policy Election
Related Party Transaction, Purchases from Related Party
Related Party Transaction, Purchases from Related Party
Loans held-for-sale
Loans held-for-sale [Member]
Loans held-for-sale
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Realized Gain (Loss) on Sale of Properties
Gain (Loss) on Sale of Properties
Beginning Balance
Ending Balance
Real Estate Held-for-sale
Effective Income Tax Rate Reconciliation, Percent
Effective Income Tax Rate Reconciliation, Percent
Number of Properties
Real Estate Owned, Number Of Properties [Roll Forward]
Real Estate Owned, Number Of Properties [Roll Forward]
Debt Securities, Available-for-sale [Table]
Debt Securities, Available-for-sale [Table]
Non-controlling interest [Domain]
Non-controlling interest [Domain]
[Domain] for Non-controlling interest [Axis]
Long-term Debt, Fair Value
Long-term Debt, Fair Value
Total Face Amount of Certificates Issued
Notes issued by non-QM securitization trust
Original face amount of notes issued by non-QM securitization trust pursuant to a securitization.
Common shares issued and outstanding upon conversion of all convertible securities (in shares)
Common Shares Issued And Outstanding Upon Conversion of All Convertible Securities
The Company's common shares issued and outstanding if all of the long term incentive plan units and operating partnership units (owned by the non-controlling interest) that have previously been issued were to be fully vested and exchanged for common shares as of the reporting date.
Assets, Accreted Discounts/Amortized Premiums
Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Asset, Accreted Discounts/Amortized Premiums
The amount of accreted discounts and amortization of premiums related to investments in debt securities classified as Level 3 securities within the fair value heirarchy.
Investments [Domain]
Investments [Domain]
Schedule of Components of Income Tax Expense (Benefit)
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
Total Liabilities
Liabilities
Outstanding debt of related party
Outstanding debt of related party
Total outstanding debt of related party entity for which the Company co owns along with various other related parties. Outstanding debt is in the form of a reverse repurchase agreement (sale of assets under an agreement to repurchase).
Commitment to purchase loans
Commitment to purchase loans
Commitment to purchase loans
Repayments of repurchase agreements
Repayments of Reverse Repurchase Agreements
Cash outflow from repayments of borrowings from securities sold under agreements to repurchase.
Proceeds from principal payments of securities
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale
November 2019 [Member]
November 2019 [Member]
November 2019 [Member]
REO, fair value
Real Estate Owned, Acquired Through Foreclosure, Fair Value
Amount of real estate owned held at fair value at the reporting date. Real estate owned properties are held at the lower of cost or fair value.
Other [Member]
Other States [Member]
Other States [Member]
Single-Family Houses [Member]
Single-Family Houses [Member]
Single-Family Houses [Member]
2036 [Member]
2036 [Member]
2036 [Member]
Fair Value of Level 3 Assets, Negative Yield
Fair Value of Level 3 Assets, Negative Yield
Fair Value of Level 3 Assets, Negative Yield
Counterparty Name [Domain]
Counterparty Name [Domain]
Financial Asset, Period Past Due [Axis]
Financial Asset, Period Past Due [Axis]
Debt Securities, Available-for-sale, Allowance for Credit Loss
Debt Securities, Available-for-sale, Allowance for Credit Loss
Proceeds from disposition of real estate owned
Proceeds From Disposition of Real Estate Owned
Proceeds From Disposition of Real Estate Owned
Nonvoting Common Stock [Member]
Nonvoting Common Stock [Member]
J.P. Morgan Securities LLC [Member]
J.P. Morgan Securities LLC [Member]
J.P. Morgan Securities LLC [Member]
Foreign currency translation
Foreign Currency Transaction Gain (Loss), Unrealized
Real Estate Acquired Through Foreclosure, Disposals, Number Of Properties
Disposals
Real Estate Acquired Through Foreclosure, Disposals, Number Of Properties
Real Estate Acquired Through Foreclosure, Disposals, Number Of Properties
Securities Sold Short
Investments sold, not yet purchased Policy [Policy Text Block]
Disclosure of accounting policy for securities sold, not yet purchased (securities sold short).
Financial derivatives, excluding currency hedges
Net Realized Gain/Loss on Financial Derivatives, excluding currency hedges
Net Realized Gain/Loss on Financial Derivatives, excluding currency hedges
Corporate debt, non-exchange traded corporate equity, and secured notes [Member]
Corporate debt, non-exchange traded corporate equity, and secured notes [Member]
Corporate debt, non-exchange traded corporate equity, and secured notes [Member]
Jepson Holdings Limited
Jepson Holdings Limited [Member]
Jepson Holdings Limited [Member]
Investments, financial derivatives, and repurchase agreements:
Investments [Abstract]
Transfers from mortgage loans to investments in non-consolidated entities (non-cash)
Transfers from mortgage loans to investments in non-consolidated entities (non-cash)
Transfers from mortgage loans to investments in non-consolidated entities (non-cash)
Securities, measurement input
Debt Securities, Available-for-sale, Measurement Input
Restricted Cash [Domain]
Cash and Cash Equivalents [Domain]
Derivative [Member]
Derivative [Member]
Non-controlling interest of joint venture partner
Non-controlling interest of joint venture partner [Member]
Non-controlling interest of joint venture partner in the Company. Interest is not convertible into common shares of the Company.
Variable Interest Entity, Maximum Loss Exposure
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount
Total Stockholders' Equity
Stockholders' Equity Attributable to Parent
Concentration Risk Type [Domain]
Concentration Risk Type [Domain]
Other liabilities
Increase (Decrease) in Other Operating Liabilities
Financing Receivable, Allowance for Credit Loss
Financing Receivable, Allowance for Credit Loss, Purchased with Credit Deterioration, Increase
Liabilities, Sales/Issuance
Fair Value, Measurment with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Sales and Issues
Sales and issues that have taken place during the period in relation to liabilities measured at fair value and categorized within Level 3 of the fair value hierarchy.
Cash Dividends, Tax Characteristic
Cash Dividends, Tax Characteristic [Table Text Block]
Cash Dividends, Tax Characteristic
Loans, Measurement Input
Loans, Measurement Input
Value of input used to measure loan.
Share based long term incentive plan unit redemption non cash
Share based long term incentive plan unit redemption non cash
Share based long term incentive plan unit redemption non cash
Underlying Asset Class [Domain]
Underlying Asset Class [Domain]
Concentration Risk Benchmark [Axis]
Concentration Risk Benchmark [Axis]
Government debt
Government debt [Member]
Debt issued by a governmental body. Can include debt issued by foreign national governments or the US Government.
Fair Value of Purchased Credit Derivatives Offsetting Written Credit Derivatives
Fair Value of Purchased Credit Derivatives Offsetting Written Credit Derivatives
Fair value of purchased credit derivatives (short or purchased protection) offsetting written credit derivatives (long or sold protection).
Contributions from non-controlling interests
Noncontrolling Interest, Increase from Sale of Parent Equity Interest
Schedule of Related Party Transactions, by Related Party [Table]
Schedule of Related Party Transactions, by Related Party [Table]
Valuation
Fair Value Disclosures [Text Block]
Other expenses
Other Expenses
Amount of Exposure
Concentration Risk, Credit Risk, Financial Instrument, Maximum Exposure
PER SHARE INFORMATION:
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Interest rate
Line of Credit Facility, Interest Rate at Period End
Federal Home Loan Mortgage Corporation Four Point Five Percent [Member]
Federal Home Loan Mortgage Corporation Four Point Five Percent [Member]
Federal Home Loan Mortgage Corporation Four Point Five Percent [Member]
Available-for-sale securities Realizes Losses - adjustments to cost basis of certain securities
Debt Securities, Available-for-sale, Realized Loss, Excluding Other-than-temporary Impairment
Note Purchase Agreement December 2019 [Member]
Note Purchase Agreement December 2019 [Member]
Note Purchase Agreement December 2019 [Member]
2050
2050 [Member]
2050
Investment Type [Axis]
Investment Type [Axis]
Interest paid
Interest Paid, Excluding Capitalized Interest, Operating Activities
Repayment of senior notes (non-cash)
Notes Reduction
Elizon AFG 2018-1 LLC [Member]
Elizon AFG 2018-1 LLC [Member]
Elizon AFG 2018-1 LLC [Member]
Borrowings under repurchase agreements
Borrowings under Reverse Repurchase Agreements
Cash inflow from securities sold under agreements to repurchase.
CLO Closing Date
Securitization closing date
Securitization closing date (settle date).
Security Exchange Name
Security Exchange Name
Company's share of loans sold
Company's share of loans sold
Percentage of aggregate unpaid principal balance of consumer loans sold by the Company to Issuer in securitization transaction.
Assets Sold under Agreements to Repurchase [Line Items]
Assets Sold under Agreements to Repurchase [Line Items]
Market Value Underlying
Market Value Underlying
Market value (notional amount times price at the end of the period) of the security underyling the derivative.
Securitization Transactions [Table]
Securitization Transactions [Table]
Securitization Transactions [Table]
Government National Mortgage Association Pools (Thirty Year) Three Point Five Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Three Point Five Percent [Member]
Government National Mortgage Association Pools (Thirty Year) Three Point Five Percent [Member]
Number of shares authorized to be repurchased (in shares)
Stock Repurchase Program, Number of Shares Authorized to be Repurchased
Long-term Debt, Type [Axis]
Long-term Debt, Type [Axis]
Greater than three years less than seven years [Member]
Greater than three years less than seven years [Member]
Greater than three years less than seven years [Member]
Federal National Mortgage Association Five Percent [Member]
Federal National Mortgage Association Five Percent [Member]
Federal National Mortgage Association Five Percent [Member]
Equity Component [Domain]
Equity Component [Domain]
Document Transition Report
Document Transition Report
Real estate owned
Real Estate Acquired Through Foreclosure
Cash Collateral (Received) Pledged
Derivative, Collateral, Right to Reclaim Cash
Federal National Mortgage Association (15 Year) 3 Point 00 Percent [Member]
Federal National Mortgage Association (15 Year) 3 Point 00 Percent [Member]
Federal National Mortgage Association (15 Year) 3 Point 00 Percent [Member]
Investment in Loan Originator
Investment in Loan Originator [Member]
Investment in Loan Originator
Cash collateral posted for securities sold under agreements to repurchase
Cash collateral posted for securities sold under agreements to repurchase
Cash collateral posted for securities sold under agreements to repurchase.
Credit Risk Derivatives, at Fair Value, Net
Credit Risk Derivatives, at Fair Value, Net
Realized gains (losses) on real estate owned, net
Realized (gains) losses on real estate owned, net
Real Estate Acquired Through Foreclosure, Realized Gains (Losses) On Disposal
Real Estate Acquired Through Foreclosure, Realized Gains (Losses) On Disposal
Deferred Tax Assets, Gross
Deferred Tax Assets, Gross
Federal National Mortgage Association (30 Year) 3 Point 50 Percent [Member]
Federal National Mortgage Association (30 Year) 3 Point 50 Percent [Member]
Federal National Mortgage Association (30 Year) 3.50%
Consolidated Entities [Domain]
Consolidated Entities [Domain]
Proceeds from issuance of securitized debt
Proceeds from issuance of securitized debt
Cash inflow from issuance of collateralized borrowings.
Investment Credit Rating [Axis]
Investment Credit Rating [Axis]
Information by investment credit rating.
Industry Sector [Axis]
Industry Sector [Axis]
Vest December 11, 2020 [Member]
Vest December 11, 2020 [Member]
Vest December 11, 2020 [Member]
Credit Derivatives [Line Items]
Credit Derivatives [Line Items]
Liabilities, Transfers into Level 3
Fair Value, Measurement with Unobservable Inputs Reconciliation, Liability, Transfers Into Level 3
Credit default swaps on asset-backed indices
Credit default swaps on corporate bond indices
Credit Default Swap, Asset-Backed Indices [Member]
Credit Default Swap, Asset-Backed Indices [Member]
U.S. Treasury Note, 3.13 Percent, Maturity Date 2028 11 [Member] [Domain]
U.S. Treasury Note, 3.13 Percent, Maturity Date 2028 11 [Member] [Domain]
U.S. Treasury Note, 3.13 Percent, Maturity Date 2028 11 [Member] [Domain]
30 Days or Less
Maturity Less than 30 Days [Member]
Assets:
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Equity Method Investment, Summarized Financial Information, Assets
Equity Method Investment, Summarized Financial Information, Assets
Schedule of Derivative Warrant Contracts [Table Text Block]
Schedule of Derivative Warrant Contracts [Table Text Block]
[Table Text Block] for Schedule of Derivative Warrant Contracts [Table]
Previous Accounting Guidance [Member]
Previous Accounting Guidance [Member]
Due to brokers, net
Payments To Brokers, Investing Activities
Payments To Brokers, Investing Activities
Consolidated VIEs
Variable Interest Entity Disclosure [Text Block]
Derivative Asset, Fair Value, Gross Asset
Derivative Asset, Fair Value, Gross Asset
Government National Mortgage Association (30 Year) 4 Point 00 Percent [Member]
Government National Mortgage Association (30 Year) 4 Point 00 Percent [Member]
Government National Mortgage Association (30 Year) 4 Point 00 Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Three Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Three Percent [Member]
Federal Home Loan Mortgage Corporation Pools (Thirty Year) Three Percent [Member]
Unencumbered investments held in custody
Unencumbered Investments Held In Custody
Fair value as of the balance sheet date of securities that are free and clear of any encumbrances such as reverse repurchase agreements.
Net Interest Income
Investment Income, Net [Abstract]