Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
Assets:
Cash and cash equivalents		$ 40,193	$ 31,613
Restricted cash		260	76,132
Residential Whole Loans, at fair value ($1,023,502 and $1,008,782 pledged as collateral, at fair value, respectively)		1,023,502	1,008,782
Residential Bridge Loans ($5,428 and $12,813 at fair value and $5,207 and $12,960 pledged as collateral, respectively)		5,428	13,916
Securitized commercial loans, at fair value		1,355,808	1,605,335
Commercial Loans, at fair value ($101,459 and $310,523 pledged as collateral, at fair value, respectively)		130,572	310,523
Investment related receivable		22,133	30,576
Interest receivable		11,823	13,568
Due from counterparties		4,565	2,327
Derivative assets, at fair value		105	161
Other assets		45,364	3,152
Total assets	[1]	2,825,700	3,336,009
Liabilities:
Repurchase agreements, net		617,189	356,923
Convertible senior unsecured notes, net		119,168	170,797
Securitized debt, net ($1,344,370 and $1,553,722 at fair value and $180,116 and $215,753 held by affiliates, respectively)		1,863,488	2,446,012
Interest payable (includes $699 and $784 on securitized debt held by affiliates, respectively)		10,272	12,006
Due to counterparties		0	321
Derivative liability, at fair value		602	656
Accounts payable and accrued expenses		4,842	2,686
Payable to affiliate		1,925	3,171
Dividend payable		3,623	3,649
Other liabilities		262	84,674
Total liabilities	[2]	2,621,371	3,080,895
Commitments and contingencies
Stockholders' Equity:
Common stock, $0.01 par value, 500,000,000 shares authorized, and 60,380,105 and 60,812,701 outstanding, respectively		609	609
Preferred stock, $0.01 par value, 100,000,000 shares authorized and no shares outstanding		0	0
Treasury stock, at cost, 579,808 and 100,000 shares held, respectively		(1,665)	(578)
Additional paid-in capital		918,146	915,458
Retained earnings (accumulated deficit)		(723,981)	(660,377)
Total Stockholders' Equity		193,109	255,112
Non-controlling interest		11,220	2
Total Equity		204,329	255,114
Total Liabilities and Stockholders' Equity		$ 2,825,700	$ 3,336,009
Common stock, shares outstanding (in shares)		60,380,105	60,812,701
Subtotal Agency MBS
Assets:
Securities, at fair value		$ 1,172	$ 1,708
Non-Agency MBS
Assets:
Securities, at fair value		133,127	189,462
Other securities
Assets:
Securities, at fair value		$ 51,648	$ 48,754

[1]  December 31, 2021December 31, 2020 (1) Assets of consolidated VIEs included in the total assets above: Cash and cash equivalents$266 $— Restricted cash260 76,132  Residential Whole Loans, at fair value ($1,023,502 and $1,008,782 pledged as collateral, at fair value, respectively) 1,023,502 1,008,782  Residential Bridge Loans ($5,207 and $11,858 at fair value and $5,207 and $12,960 pledged as collateral, respectively) 5,207 12,960 Securitized commercial loans, at fair value1,355,808 1,605,335  Commercial Loans, at fair value ($14,362 and $68,466 pledged as collateral, at fair value, respectively) 14,362 68,466 Investment related receivable22,087 27,987 Interest receivable10,572 10,936 Other assets— 80 Total assets of consolidated VIEs$2,432,064 $2,810,678 

[2] Liabilities of consolidated VIEs included in the total liabilities above: Securitized debt, net ($1,344,370 and $1,553,722 at fair value and $180,116 and $215,753 held by affiliates, respectively) $1,863,488 $2,446,012  Interest payable (includes $699 and $784 on securitized debt held by affiliates, respectively) 6,480 7,882 Accounts payable and accrued expenses78 89 Other liabilities260 76,132 Total liabilities of consolidated VIEs$1,870,306 $2,530,115