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Financings - Borrowings under Repurchase Agreements (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Certain characteristics of the Company's repurchase agreements    
Repurchase Agreement Borrowings $ 617,189 $ 358,846
Less unamortized debt issuance costs 0 1,923
Repurchase agreements, net $ 617,189 $ 356,923
Weighted Average Interest Rate on Borrowings Outstanding at end of period 2.30% 3.57%
Weighted Average Remaining Maturity (days) 247 days 169 days
Repurchase Agreements    
Certain characteristics of the Company's repurchase agreements    
Repurchase Agreement Borrowings $ 563,132 $ 250,248
Weighted average interest rate 2.24% 3.74%
Weighted Average Remaining Maturity (days) 270 days 225 days
Repurchase Agreements | Non-Agency CMBS    
Certain characteristics of the Company's repurchase agreements    
Repurchase Agreement Borrowings $ 59,802 $ 66,767
Weighted Average Interest Rate on Borrowings Outstanding at end of period   5.23%
Weighted average interest rate 2.14%  
Weighted Average Remaining Maturity (days) 125 days 126 days
Repurchase Agreements | Non-Agency RMBS    
Certain characteristics of the Company's repurchase agreements    
Repurchase Agreement Borrowings $ 15,632 $ 14,643
Weighted Average Interest Rate on Borrowings Outstanding at end of period   5.23%
Weighted average interest rate 2.14%  
Weighted Average Remaining Maturity (days) 125 days 126 days
Repurchase Agreements | Non-Agency CMBS and Non-Agency RMBS Facility    
Certain characteristics of the Company's repurchase agreements    
Repurchase Agreement Borrowings $ 102,940 $ 95,087
Weighted Average Interest Rate on Borrowings Outstanding at end of period   5.23%
Weighted average interest rate 2.16%  
Weighted Average Remaining Maturity (days) 125 days 126 days
Repurchase Agreements | Residential Whole Loans    
Certain characteristics of the Company's repurchase agreements    
Repurchase Agreement Borrowings $ 396,531 $ 30,224
Weighted average interest rate 2.25% 3.00%
Weighted Average Remaining Maturity (days) 308 days 278 days
Repurchase Agreements | Commercial Loans    
Certain characteristics of the Company's repurchase agreements    
Repurchase Agreement Borrowings $ 63,661 $ 124,937
Weighted average interest rate 2.27% 2.17%
Weighted Average Remaining Maturity (days) 268 days 287 days
Repurchase Agreements | Other securities    
Certain characteristics of the Company's repurchase agreements    
Repurchase Agreement Borrowings $ 27,506 $ 13,677
Weighted Average Interest Rate on Borrowings Outstanding at end of period   5.24%
Weighted average interest rate 2.22%  
Weighted Average Remaining Maturity (days) 125 days 126 days
Repurchase Agreements    
Certain characteristics of the Company's repurchase agreements    
Repurchase Agreement Borrowings $ 54,057 $ 108,598
Weighted Average Interest Rate on Borrowings Outstanding at end of period 2.92% 3.19%
Weighted Average Remaining Maturity (days) 6 days 39 days
Repurchase Agreements | Agency RMBS    
Certain characteristics of the Company's repurchase agreements    
Repurchase Agreement Borrowings $ 976 $ 1,418
Weighted Average Interest Rate on Borrowings Outstanding at end of period 1.02% 1.34%
Weighted Average Remaining Maturity (days) 58 days 59 days
Repurchase Agreements | Non-Agency CMBS    
Certain characteristics of the Company's repurchase agreements    
Repurchase Agreement Borrowings $ 0 $ 10,313
Weighted Average Interest Rate on Borrowings Outstanding at end of period 0.00% 2.25%
Weighted Average Remaining Maturity (days) 0 days 14 days
Repurchase Agreements | Non-Agency RMBS    
Certain characteristics of the Company's repurchase agreements    
Repurchase Agreement Borrowings $ 38,354 $ 0
Weighted Average Interest Rate on Borrowings Outstanding at end of period 2.94% 0.00%
Weighted Average Remaining Maturity (days) 4 days 0 days
Repurchase Agreements | Residential Whole Loans    
Certain characteristics of the Company's repurchase agreements    
Repurchase Agreement Borrowings $ 1,439 $ 29,800
Weighted Average Interest Rate on Borrowings Outstanding at end of period 2.57% 3.71%
Weighted Average Remaining Maturity (days) 5 days 15 days
Repurchase Agreements | Residential Bridge Loans    
Certain characteristics of the Company's repurchase agreements    
Repurchase Agreement Borrowings $ 4,368 $ 11,254
Weighted Average Interest Rate on Borrowings Outstanding at end of period 2.61% 2.73%
Weighted Average Remaining Maturity (days) 5 days 36 days
Repurchase Agreements | Commercial Loans    
Certain characteristics of the Company's repurchase agreements    
Repurchase Agreement Borrowings $ 6,463 $ 34,375
Weighted Average Interest Rate on Borrowings Outstanding at end of period 3.20% 3.32%
Weighted Average Remaining Maturity (days) 5 days 75 days
Repurchase Agreements | Membership Interest    
Certain characteristics of the Company's repurchase agreements    
Repurchase Agreement Borrowings $ 0 $ 18,844
Weighted Average Interest Rate on Borrowings Outstanding at end of period 0.00% 2.90%
Weighted Average Remaining Maturity (days) 0 days 29 days
Repurchase Agreements | Other securities    
Certain characteristics of the Company's repurchase agreements    
Repurchase Agreement Borrowings $ 2,457 $ 2,594
Weighted Average Interest Rate on Borrowings Outstanding at end of period 3.50% 4.51%
Weighted Average Remaining Maturity (days) 18 days 19 days