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Financings - Narrative (Details)
1 Months Ended 12 Months Ended
Nov. 05, 2021
USD ($)
Nov. 04, 2021
May 05, 2021
USD ($)
Oct. 06, 2020
Jul. 01, 2020
USD ($)
$ / shares
shares
Jun. 29, 2020
USD ($)
May 04, 2020
Apr. 21, 2020
counterparty
Sep. 30, 2021
USD ($)
$ / shares
May 31, 2019
USD ($)
Dec. 31, 2021
USD ($)
agreement
item
$ / shares
Dec. 31, 2020
USD ($)
$ / shares
Dec. 31, 2019
USD ($)
Aug. 31, 2021
USD ($)
Jun. 30, 2021
USD ($)
Mar. 31, 2021
USD ($)
Jun. 30, 2020
USD ($)
Short-term Debt [Line Items]                                  
Number of longer term financial arrangements company entered to reduce its exposure to short term financings | agreement                     3            
Number of counterparties from whom the Company had borrowings | item                     5            
Financing fee                     $ (8,540,000) $ (12,000,000.0) $ 0        
Repurchase Agreement Borrowings                     617,189,000 358,846,000          
Assets pledged                     5,207,000 12,960,000          
Due from counterparties                     3,200,000 1,800,000          
Due to counterparties                     $ 0 $ 320,000          
Common stock, par value (in dollars per share) | $ / shares                     $ 0.01 $ 0.01          
Repurchase agreements, net                     $ 617,189,000 $ 356,923,000          
Repurchase Agreements                                  
Short-term Debt [Line Items]                                  
Repurchase Agreement Borrowings                     $ 563,132,000 $ 250,248,000          
Weighted average interest rate                     2.24% 3.74%          
Residential Whole Loans | Repurchase Agreements                                  
Short-term Debt [Line Items]                                  
Repurchase Agreement Borrowings                     $ 396,500,000            
Commercial Loans | Repurchase Agreements                                  
Short-term Debt [Line Items]                                  
Repurchase Agreement Borrowings                     $ 63,661,000 $ 124,937,000          
Weighted average interest rate                     2.27% 2.17%          
Commercial Loans | Securities Sold Under Agreements To Repurchase                                  
Short-term Debt [Line Items]                                  
Weighted average interest rate                     2.27%            
Arroyo Mortgage Trust 2020 | Secured Debt                                  
Short-term Debt [Line Items]                                  
Principal balance                     $ 183,577,000            
Outstanding principle balance                     181,547,000            
Arroyo Mortgage Trust 2020 | Non-QM Loans | Arroyo Trust                                  
Short-term Debt [Line Items]                                  
Number of counterparties from whom the Company had borrowings | counterparty               3                  
Target advance rate               84.00%                  
Commitment fee percentage               30.00%                  
Exit fee percentage               0.50%                  
Line of credit, remaining borrowing capacity                     451,700,000            
Arroyo Mortgage Trust 2020 | Residential Whole Loans, at Fair Value                                  
Short-term Debt [Line Items]                                  
Repurchase agreements, net                             $ 341,700,000   $ 341,700,000
Arroyo Mortgage Trust 2020 | Residential Whole Loans, at Fair Value | Secured Debt                                  
Short-term Debt [Line Items]                                  
Outstanding principle balance                     $ 188,200,000            
Debt instrument, collateral balance percentage                     30.00%            
Debt Instrument, Term, Redemption Of Offering Notes                     3 years            
Arroyo Mortgage Trust 2020 | Residential Whole Loans, at Fair Value | Arroyo Trust                                  
Short-term Debt [Line Items]                                  
Commitment fee percentage           30.00%                      
Line of credit facility, maximum borrowing capacity           $ 355,800,000                      
Repayments of Lines of Credit $ 8,500,000         $ 339,400,000                      
Debt Instrument, Fee           20.5 million                      
Arroyo Mortgage Trust 2019-2 | Residential Whole Loans, at Fair Value                                  
Short-term Debt [Line Items]                                  
Repurchase agreements, net                     $ 919,000,000            
Arroyo Mortgage Trust 2019-2 | Residential Whole Loans, at Fair Value | Arroyo Trust                                  
Short-term Debt [Line Items]                                  
Transfer of residential mortgage-backed securitization                   $ 945,500,000              
CSMC Trust                                  
Short-term Debt [Line Items]                                  
Trust certificates issued                     1,400,000,000            
CSMC Trust | Affiliated Entity                                  
Short-term Debt [Line Items]                                  
Trust certificates issued                     198,300,000            
CSMC Trust | Third Party                                  
Short-term Debt [Line Items]                                  
Trust certificates issued                     1,200,000,000            
CSMC Trust | Secured Debt                                  
Short-term Debt [Line Items]                                  
Principal balance                     1,370,691,000            
Debt Instrument, Fair Value Disclosure                     1,344,370,000            
CSMC Trust | Securitized Commercial Loans                                  
Short-term Debt [Line Items]                                  
Financing receivable, gross                     1,400,000,000            
Arroyo Trust | Residential Whole Loans, at Fair Value | Secured Debt                                  
Short-term Debt [Line Items]                                  
Outstanding principle balance                     $ 358,900,000            
Debt instrument, collateral balance percentage                     20.00%            
Debt Instrument, Term, Redemption Of Offering Notes                     3 years            
Residential Loan Warehouse Facility                                  
Short-term Debt [Line Items]                                  
Target advance rate       85.00%                          
Residential Loan Warehouse Facility | London Interbank Offered Rate (LIBOR)                                  
Short-term Debt [Line Items]                                  
Debt instrument, basis spread on variable rate 2.00%     2.75%                          
Residential Loan Warehouse Facility | Non-QM Loans                                  
Short-term Debt [Line Items]                                  
Target advance rate   90.00%                              
Line of credit, remaining borrowing capacity $ 500,000,000                                
Non-Agency CMBS and Non-Agency RMBS Facility                                  
Short-term Debt [Line Items]                                  
Debt instrument, term     12 months       12 months                    
Debt Instrument, Term Extensions At Counterparty’s Option             12 months                    
Loans Pledged as Collateral                     $ 181,000,000.0            
Line of credit, remaining borrowing capacity                     $ 102,900,000            
Non-Agency CMBS and Non-Agency RMBS Facility | London Interbank Offered Rate (LIBOR)                                  
Short-term Debt [Line Items]                                  
Debt instrument, basis spread on variable rate     2.00%       5.00%                    
2022 Notes | Convertible Debt                                  
Short-term Debt [Line Items]                                  
Principal balance         $ 5,000,000                        
Redemption price, percentage                 100.00%                
Convertible senior unsecured notes, conversion price (in dollars per share) | $ / shares                 $ 2.96                
Exchange of convertible senior notes (in shares) | shares         1,354,084                        
Convertible senior unsecured notes, conversion ratio                     0.337952            
Class F | CSMC Trust | Secured Debt                                  
Short-term Debt [Line Items]                                  
Principal balance                     $ 153,600,000            
Debt Instrument, Fair Value Disclosure                     117,912,000            
Debt default, amount                     14,900,000            
Class F | CSMC Trust | Secured Debt | Estimate of Fair Value Measurement                                  
Short-term Debt [Line Items]                                  
Debt Instrument, Fair Value Disclosure                     1,300,000,000            
Commercial Whole Loan Facility                                  
Short-term Debt [Line Items]                                  
Debt instrument, term     12 months                            
Debt Instrument, Term Extensions At Counterparty’s Option     12 months                            
Commercial Whole Loan Facility | Estimate of Fair Value Measurement                                  
Short-term Debt [Line Items]                                  
Loans Pledged as Collateral                     87,100,000            
Commercial Whole Loan Facility | Repurchase Agreements                                  
Short-term Debt [Line Items]                                  
Line of credit facility, maximum borrowing capacity     $ 100,000,000                            
Commercial Whole Loan Facility | Securities Sold Under Agreements To Repurchase                                  
Short-term Debt [Line Items]                                  
Outstanding principle balance                     63,700,000            
Six Point Seventy Five Percent Convertible Senior Unsecured Notes Due 2022                                  
Short-term Debt [Line Items]                                  
Debt instrument, repurchase amount                 $ 100,300,000   $ 8,000,000.0 $ 25,000,000   $ 22,300,000   $ 6,700,000  
Debt instrument, interest rate, effective percentage                     1.00% 13.00%   2.80%   6.30%  
Six Point Seventy Five Percent Convertible Senior Unsecured Notes Due 2022 | Convertible Debt                                  
Short-term Debt [Line Items]                                  
Principal balance         $ 5,000,000           $ 37,700,000 $ 175,000,000          
Interest rate, stated percentage                     6.75%            
Redemption price, percentage                     100.00%            
Convertible senior unsecured notes, conversion price (in dollars per share) | $ / shares                     $ 12.02            
Exchange of convertible senior notes (in shares) | shares         1,354,084                        
Common stock, par value (in dollars per share) | $ / shares         $ 0.01                        
Convertible senior unsecured notes, conversion ratio                     0.0831947000            
Minimum | Repurchase Agreements                                  
Short-term Debt [Line Items]                                  
Debt instrument, term                     1 month            
Minimum | Residential Loan Warehouse Facility | London Interbank Offered Rate (LIBOR)                                  
Short-term Debt [Line Items]                                  
Debt instrument, basis spread on variable rate 0.25%     0.25%                          
Maximum | Repurchase Agreements                                  
Short-term Debt [Line Items]                                  
Debt instrument, term                     12 months