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Loans at Fair Value - Summary of Distribution of Company's Loans at Fair Value (Detail) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Financing Receivable Recorded Investment [Line Items]    
Fair value $ 1,429,525 $ 1,433,820
Asset-backed financings at fair value (1) [1] 1,427,575 1,431,689
Loans at fair value, pledged to creditors 1,427,722 1,431,896
Loans in VIEs [Member]    
Financing Receivable Recorded Investment [Line Items]    
Fair value 1,427,575 1,431,689
Distressed [Member]    
Financing Receivable Recorded Investment [Line Items]    
Fair value 1,950 2,131
Agency-conforming loans secured by investment properties [Member]    
Financing Receivable Recorded Investment [Line Items]    
Fair value 1,379,963 1,383,392
Fixed interest rate jumbo loans held in a VIE [Member]    
Financing Receivable Recorded Investment [Line Items]    
Fair value 47,612 48,297
Loans acquired for sale at fair value [Member]    
Financing Receivable Recorded Investment [Line Items]    
Fair value 1,665,796 669,018
Assets sold under agreements to repurchase $ 147 $ 207
[1] As discussed in Note 6Variable Interest EntitiesSubordinate Mortgage-Backed Securities, the Company holds a portion of the securities issued by the VIEs. At September 30, 2024 and December 31, 2023, $83.4 million and $85.3 million, respectively, of such retained securities were pledged to secure Assets sold under agreements to repurchase.