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Summarized Quarterly Results (unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net Interest Income                      
Interest income $ 55,761 $ 55,652 $ 53,818 $ 52,033 $ 58,020 $ 54,461 $ 57,154 $ 39,727 $ 217,264 $ 209,362 $ 124,291
Interest expense (includes $5,674, $13,739 and $981 on securitized debt held by affiliates, respectively) 36,834 39,082 37,958 36,400 40,892 38,517 38,134 20,697 150,274 138,240 48,373
Net Interest Income 18,927 16,570 15,860 15,633 17,128 15,944 19,020 19,030 66,990 71,122 75,918
Realized gain (loss) on sale of investments, net 11,992 21,399 (8) (5,105) (33,995) (24,229) (5,608) 575 28,278 (63,257) 20,598
Other Income (Loss)                      
Other than temporary impairment (2,228) (1,819) (3,295) (1,232) (2,757) (2,533) (2,974) (2,916)      
Unrealized gain (loss), net         62,855 13,128 (31,693) (68,961) 107,529 (24,671) 28,396
Unrealized gain (loss), net (52,896) 35,030 74,614 50,781              
Gain (loss) on derivative instruments, net 42,007 (47,056) (71,530) (27,148) (54,728) 24,625 28,490 79,582 (103,727) 77,969 3,292
Other, net 518 918 532 236 (89) (2) (145) 47      
Other Income (Loss) (607) 8,472 313 17,532 (28,714) 10,989 (11,930) 8,327 2,204 (189) 1,031
Expenses                      
Management fee to affiliate 1,987 1,800 1,832 1,735 1,950 2,284 2,259 2,180 7,354 8,673 8,100
Other operating expenses 1,079 1,589 1,253 1,598 1,943 1,609 1,555 969 5,519 6,076 2,419
Compensation expense 671 671 705 544 552 552 572 510 2,591 2,186 2,692
Professional fees 1,031 973 761 1,215 1,121 1,065 818 1,295 3,980 4,299 3,242
Other general and administrative expenses 441 344 530 185 349 335 397 361 1,500 1,442 1,325
Total general and administrative expenses 2,143 1,988 1,996 1,944 2,022 1,952 1,787 2,166 8,071 7,927 7,259
Total Expenses 5,209 5,377 5,081 5,277 5,915 5,845 5,601 5,315 20,944 22,676 17,778
Income before income taxes 13,111 19,665 11,092 27,888 (17,501) 21,088 1,489 22,042 71,756 27,118 88,584
Income tax provision (benefit) 622 (55) 478 12 154 206 36 313 1,057 709 3,487
Net income (loss) $ 12,489 $ 19,720 $ 10,614 $ 27,876 $ (17,655) $ 20,882 $ 1,453 $ 21,729 $ 70,699 $ 26,409 $ 85,097
Net income per Common Share — Basic (in dollars per share) $ 0.23 $ 0.37 $ 0.21 $ 0.58 $ (0.37) $ 0.50 $ 0.03 $ 0.52 $ 1.37 $ 0.61 $ 2.03
Net income per Common Share — Diluted (in dollars per share) $ 0.23 $ 0.37 $ 0.21 $ 0.58 $ (0.37) $ 0.50 $ 0.03 $ 0.52 $ 1.37 $ 0.61 $ 2.03