Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Net Interest Income
Interest income	$ 164,071	$ 178,028	$ 217,264
Interest expense (includes $14,341, $8,877 and $5,674 on securitized debt held by affiliates, respectively)	136,910	132,591	150,274
Net Interest Income	27,161	45,437	66,990
Other Income (Loss)
Realized gain (loss), net	(10,927)	84,271	28,278
Other than temporary impairment	0	0	(8,574)
Unrealized gain (loss), net	(46,391)	(221,387)	107,529
Gain (loss) on derivative instruments, net	549	(197,703)	(103,727)
Other, net	490	339	2,204
Other Income (Loss)	(56,279)	(334,480)	25,710
Expenses
Management fee to affiliate	5,937	4,544	7,354
Financing fee	0	20,540	0
Other operating expenses	4,742	2,855	5,519
General and administrative expenses:
Compensation expense	2,571	2,787	2,591
Professional fees	3,890	4,878	3,980
Other general and administrative expenses	3,508	3,303	1,500
Total general and administrative expenses	9,969	10,968	8,071
Total Expenses	20,648	38,907	20,944
Income (loss) before income taxes	(49,766)	(327,950)	71,756
Income tax provision	99	396	1,057
Net income (loss)	(49,865)	(328,346)	70,699
Net income (loss) attributable to non-controlling interest	(912)	8	0
Net income (loss) attributable to common stockholders and participating securities	$ (48,953)	$ (328,354)	$ 70,699
Net income per Common Share — Basic (in dollars per share)	$ (0.81)	$ (5.72)	$ 1.37
Net income per Common Share — Diluted (in dollars per share)	$ (0.81)	$ (5.72)	$ 1.37