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Segment Reporting (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
USD ($)
Jun. 30, 2016
USD ($)
Jun. 30, 2017
USD ($)
segment
Jun. 30, 2016
USD ($)
Segment reporting        
Number of Reportable Segments | segment     4  
Interest income        
Loans, held-for-investment $ 28,507 $ 30,777 $ 58,607 $ 63,109
Loans, held at fair value 2,204 2,660 3,829 6,022
Loans, held for sale, at fair value 1,638   3,072  
Mortgage backed securities, at fair value 899 1,064 1,622 3,237
Total interest income 33,248 34,501 67,130 72,368
Interest expense        
Securitized debt obligations of consolidated VIEs (4,761) (4,530) (9,883) (9,071)
Borrowings under repurchase agreements (4,048) (3,687) (8,269) (7,546)
Guaranteed loan financing (3,520) (3,414) (6,784) (7,363)
Borrowings under credit facilities (3,058) (2,078) (6,035) (4,030)
Senior secured note (1,777)   (2,568)  
Promissory note payable (66) (67) (134) (67)
Total interest expense (17,230) (13,776) (33,673) (28,077)
Net interest income before provision for loan losses 16,018 20,725 33,457 44,291
Provision for loan losses (159) (2,017) (1,391) (4,201)
Net interest income after provision for loan losses 15,859 18,708 32,066 40,090
Non-interest income (expense)        
Residential mortgage banking activities, net 10,985   21,495  
Other income (loss) 1,588 1,299 2,429 3,607
Servicing income 5,631 1,347 10,074 2,760
Employee compensation and benefits (13,451) (4,112) (26,915) (9,182)
Allocated employee compensation and benefits from related party (1,008) (900) (2,020) (1,800)
Professional fees (2,023) (3,677) (4,182) (5,453)
Management fees – related party (2,007) (1,833) (3,984) (3,671)
Loan servicing expense (2,611) (1,185) (4,126) (2,061)
Other operating expenses (6,206) (3,818) (11,736) (7,681)
Total non-interest income (expense) (9,102) (12,879) (18,965) (23,481)
Net realized gain (loss) on financial instruments 4,491 1,075 7,456 1,266
Net unrealized gain (loss) on financial instruments 974 2,602 2,257 2,266
Income (loss) from continued operations before provision for income taxes 12,222 9,506 22,814 20,141
Provision for income taxes (1,069) (858) (2,104) (2,029)
Net income from continuing operations 11,153 8,648 20,710 18,112
Loss from discontinued operations       (351)
Net income 11,153 8,648 20,710 17,761
Less: Net income attributable to non-controlling interest 657 703 1,358 1,440
Net income attributable to Sutherland Asset Management Corporation 10,496 7,945 19,352 16,321
Total Assets 2,446,920 2,147,305 2,446,920 2,147,305
Loan Acquisitions        
Interest income        
Loans, held-for-investment 16,590 17,391 35,157 35,254
Loans, held at fair value 613 588 876 1,173
Loans, held for sale, at fair value 373   794  
Mortgage backed securities, at fair value 899 1,064 1,622 3,237
Total interest income 18,475 19,043 38,449 39,664
Interest expense        
Securitized debt obligations of consolidated VIEs (4,492) (4,149) (9,316) (8,266)
Borrowings under repurchase agreements (2,596) (1,895) (5,612) (4,164)
Borrowings under credit facilities (1,584) (1,616) (3,260) (3,088)
Promissory note payable (66) (67) (134) (67)
Total interest expense (8,738) (7,727) (18,322) (15,585)
Net interest income before provision for loan losses 9,737 11,316 20,127 24,079
Provision for loan losses (102) (1,345) (724) (3,522)
Net interest income after provision for loan losses 9,635 9,971 19,403 20,557
Non-interest income (expense)        
Other income (loss) 754 310 889 897
Servicing income 26 20 32 35
Employee compensation and benefits 5 (191) (616) (191)
Allocated employee compensation and benefits from related party 179 (551) (405) (1,054)
Professional fees (188) (1,865) (1,232) (2,588)
Management fees – related party (1,156) (1,122) (2,296) (2,149)
Loan servicing expense (997) (1,367) (1,897) (2,419)
Other operating expenses (390) (876) (1,981) (2,138)
Total non-interest income (expense) (1,767) (5,642) (7,506) (9,607)
Net realized gain (loss) on financial instruments 396 (169) 986 (2,440)
Net unrealized gain (loss) on financial instruments 863 1,509 1,469 3,232
Income (loss) from continued operations before provision for income taxes 9,127 5,669 14,352 11,742
Provision for income taxes 452   554  
Net income from continuing operations       11,742
Net income 9,579 5,669 14,906  
Total Assets 1,253,880 1,241,579 1,253,880 1,241,579
SBC Conventional Originations        
Interest income        
Loans, held-for-investment 2,140 1,445 3,330 2,067
Loans, held at fair value 1,591 2,072 2,953 4,849
Loans, held for sale, at fair value 241   424  
Total interest income 3,972 3,517 6,707 6,916
Interest expense        
Borrowings under repurchase agreements (1,452) (1,792) (2,657) (3,382)
Borrowings under credit facilities (170)   (360)  
Senior secured note (1,777)   (2,568)  
Total interest expense (3,399) (1,792) (5,585) (3,382)
Net interest income before provision for loan losses 573 1,725 1,122 3,534
Provision for loan losses 12   (84)  
Net interest income after provision for loan losses 585 1,725 1,038 3,534
Non-interest income (expense)        
Other income (loss) 1,022 973 1,577 1,289
Servicing income 139 190 (363) 310
Employee compensation and benefits (1,890) (2,169) (3,916) (4,453)
Allocated employee compensation and benefits from related party (615) (181) (757) (401)
Professional fees (579) (619) (907) (824)
Management fees – related party (282) (369) (559) (819)
Loan servicing expense (288) (115) (535) (240)
Other operating expenses (2,090) (1,774) (3,894) (3,533)
Total non-interest income (expense) (4,583) (4,064) (9,354) (8,671)
Net realized gain (loss) on financial instruments 1,740 313 3,060 1,770
Net unrealized gain (loss) on financial instruments 1,782 1,093 2,800 (966)
Income (loss) from continued operations before provision for income taxes (476) (933) (2,456) (4,333)
Provision for income taxes 5 755 265 2,490
Net income from continuing operations       (1,843)
Net income (471) (178) (2,191)  
Total Assets 345,597 244,983 345,597 244,983
SBA Loan Origination, Acquisitions, and Servicing        
Interest income        
Loans, held-for-investment 9,752 11,941 19,895 25,788
Total interest income 9,752 11,941 19,895 25,788
Interest expense        
Securitized debt obligations of consolidated VIEs (269) (381) (567) (805)
Guaranteed loan financing (3,520) (3,414) (6,784) (7,363)
Borrowings under credit facilities (477) (462) (902) (942)
Total interest expense (4,266) (4,257) (8,253) (9,110)
Net interest income before provision for loan losses 5,486 7,684 11,642 16,678
Provision for loan losses (69) (672) (583) (679)
Net interest income after provision for loan losses 5,417 7,012 11,059 15,999
Non-interest income (expense)        
Other income (loss) (222) 16 (89) 1,421
Servicing income 1,246 1,137 2,043 2,415
Employee compensation and benefits (2,488) (1,752) (4,687) (4,538)
Allocated employee compensation and benefits from related party (595) (168) (757) (345)
Professional fees (868) (1,193) (1,355) (2,041)
Management fees – related party (322) (342) (639) (703)
Loan servicing expense 479 297 1,587 598
Other operating expenses (1,470) (1,168) (2,355) (2,010)
Total non-interest income (expense) (4,240) (3,173) (6,252) (5,203)
Net realized gain (loss) on financial instruments 2,355 931 3,410 1,936
Net unrealized gain (loss) on financial instruments     212  
Income (loss) from continued operations before provision for income taxes 3,532 4,770 8,429 12,732
Provision for income taxes (1,270) (1,613) (2,177) (4,519)
Net income from continuing operations       8,213
Net income 2,262 3,157 6,252  
Total Assets 530,482 $ 660,744 530,482 $ 660,744
Residential Mortgage Banking        
Interest income        
Loans, held-for-investment 25   225  
Loans, held for sale, at fair value 1,024   1,854  
Total interest income 1,049   2,079  
Interest expense        
Borrowings under credit facilities (827)   (1,513)  
Total interest expense (827)   (1,513)  
Net interest income before provision for loan losses 222   566  
Net interest income after provision for loan losses 222   566  
Non-interest income (expense)        
Residential mortgage banking activities, net 10,985   21,495  
Other income (loss) 34   52  
Servicing income 4,220   8,362  
Employee compensation and benefits (9,078)   (17,696)  
Allocated employee compensation and benefits from related party 23   (101)  
Professional fees (388)   (688)  
Management fees – related party (247)   (490)  
Loan servicing expense (1,805)   (3,281)  
Other operating expenses (2,256)   (3,506)  
Total non-interest income (expense) 1,488   4,147  
Net unrealized gain (loss) on financial instruments (1,671)   (2,224)  
Income (loss) from continued operations before provision for income taxes 39   2,489  
Provision for income taxes (256)   (746)  
Net income (217)   1,743  
Total Assets $ 316,961   $ 316,961