Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Fair value of residential whole-loans pledged as collateral	$ 1,375,860	$ 1,041,885
Residential bridge loan. at fair value	33,269	211,999
Commercial Loans, at fair value	350,213	196,123
Securitized debt	1,057
Securitized debt, net ($681,643 and $949,626 at fair value and $142,905 and $246,802 held by affiliates, respectively)	1,477,454	949,626
Interest payable (includes $647 and $816 on securitized debt held by affiliates, respectively)	$ 15,001	$ 8,532
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, shares issued (in shares)	53,523,876	48,116,379
Common stock, shares outstanding (in shares)	53,523,876	48,116,379
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	100,000,000	100,000,000
Preferred stock, shares outstanding (in shares)	0	0
Cash and cash equivalents	$ 31,331	$ 21,987
Restricted cash	52,948	55,808
Residential Whole-Loans, at fair value ($1,375,860 and $1,041,885 pledged as collateral, at fair value, respectively)	1,375,860	1,041,885
Securitized commercial loans, at fair value	909,040	1,013,511
Investment related receivable	19,931	42,945
Interest receivable	19,413	21,959
Other assets	4,509	2,488
Assets	5,160,971	4,497,395
Accounts payable and accrued expenses	3,188	3,858
Other liabilities	52,948	56,031
Liabilities	4,596,510	3,994,386
Subtotal Agency MBS
Fair value of mortgage-backed securities pledged as collateral	1,756,917	1,505,979
Non-Agency MBS
Fair value of mortgage-backed securities pledged as collateral	292,613	237,107
Other securities
Fair value of mortgage-backed securities pledged as collateral	80,031	59,780
Affiliated Entity
Securitized debt	681,643	949,626
Securitized debt, net ($681,643 and $949,626 at fair value and $142,905 and $246,802 held by affiliates, respectively)	142,905	246,802
Interest payable (includes $647 and $816 on securitized debt held by affiliates, respectively)	647	816
VIE
Commercial Loans, at fair value	90,788	196,123
Securitized debt, net ($681,643 and $949,626 at fair value and $142,905 and $246,802 held by affiliates, respectively)	1,477,454	949,626
Interest payable (includes $647 and $816 on securitized debt held by affiliates, respectively)	3,886	2,419
Cash and cash equivalents	7,589	674
Restricted cash	52,948	55,808
Residential Whole-Loans, at fair value ($1,375,860 and $1,041,885 pledged as collateral, at fair value, respectively)		1,041,885
Borrowings under repurchase agreements	31,748	211,766
Residential Bridge Loans ($31,748 and $211,766 at fair value and $34,897 and $221,486 pledged as collateral, respectively)	34,897	221,486
Securitized commercial loans, at fair value	909,040	1,013,511
Investment related receivable		42,945
Interest receivable	10,829	15,540
Other assets	90	178
Assets	2,501,179	2,588,150
Accounts payable and accrued expenses	185	708
Other liabilities	52,948	56,033
Liabilities	1,534,473	1,008,786
VIE | Affiliated Entity
Securitized debt	681,643	949,626
Securitized debt, net ($681,643 and $949,626 at fair value and $142,905 and $246,802 held by affiliates, respectively)	142,905	246,802
Interest payable (includes $647 and $816 on securitized debt held by affiliates, respectively)	647	816
VIE | Residential Whole-Loan And Residential Bridge Loan
Commercial Loans, at fair value	0	30,000
Securitized debt, net ($681,643 and $949,626 at fair value and $142,905 and $246,802 held by affiliates, respectively)	795,811	0
Interest payable (includes $647 and $816 on securitized debt held by affiliates, respectively)	2,367	0
Cash and cash equivalents	1,811	674
Residential Whole-Loans, at fair value ($1,375,860 and $1,041,885 pledged as collateral, at fair value, respectively)	1,375,860	1,041,885
Residential Bridge Loans ($31,748 and $211,766 at fair value and $34,897 and $221,486 pledged as collateral, respectively)	34,897	221,486
Investment related receivable	19,138	42,945
Interest receivable	7,840	11,807
Other assets	90	178
Assets	1,439,636	1,348,975
Accounts payable and accrued expenses	173	677
Other liabilities	0	225
Liabilities	$ 798,351	$ 902