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Segment Reporting (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
segment
Jun. 30, 2019
USD ($)
Segment reporting        
Number of Reportable Segments | segment     4  
Interest income $ 63,211 $ 57,034 $ 132,762 $ 105,787
Interest expense (43,408) (35,753) (90,338) (71,529)
Net interest income before provision for loan losses 19,803 21,281 42,424 34,258
Provision for loan losses 591 (1,348) (39,214) (1,866)
Net interest income after provision for loan losses 20,394 19,933 3,210 32,392
Non-interest income        
Residential mortgage banking activities 80,564 21,021 117,233 35,608
Net realized gains on financial instruments and real estate owned 7,438 6,255 14,610 13,537
Net unrealized gain (loss) on financial instruments (13,744) (7,006) (47,178) (13,918)
Servicing income 8,982 7,811 17,079 14,563
Income on purchased future receivables, net of allowance for doubtful accounts 5,586   9,069  
Income (Loss) from unconsolidated joint ventures 507 2,083 (3,030) 5,012
Other income 31,594 2,792 35,667 3,692
Gain on bargain purchase       30,728
Total non-interest income (loss) 120,927 32,956 143,450 89,222
Non-interest expense        
Employee compensation and benefits (27,288) (12,509) (46,224) (23,957)
Allocated employee compensation and benefits from related party (1,250) (1,250) (2,500) (2,103)
Variable expenses on residential mortgage banking activities (36,446) (13,501) (56,575) (22,677)
Professional fees (1,919) (1,586) (4,475) (3,415)
Management fees - related party (2,666) (2,495) (5,227) (4,492)
Incentive fees - related party (3,506)   (3,506)  
Loan servicing expense (10,327) (4,571) (15,898) (8,219)
Merger related expenses (11) (603) (58) (6,070)
Other operating expenses (17,745) (8,085) (31,487) (14,947)
Total non-interest expense (101,158) (44,600) (165,950) (85,880)
Net income (loss) before provision for income taxes 40,163 8,289 (19,290) 35,734
Total Assets 5,460,932 3,840,323 5,460,932 3,840,323
Corporate- Other        
Segment reporting        
Interest expense (372)   (372)  
Net interest income before provision for loan losses (372)   (372)  
Net interest income after provision for loan losses (372)   (372)  
Non-interest income        
Other income 16 50 115 65
Gain on bargain purchase       30,728
Total non-interest income (loss) 16 50 115 30,793
Non-interest expense        
Employee compensation and benefits (633) (840) (1,375) (1,664)
Allocated employee compensation and benefits from related party (1,125) (1,125) (2,250) (1,893)
Professional fees (1,155) (828) (2,562) (1,763)
Management fees - related party (2,666) (2,495) (5,227) (4,492)
Incentive fees - related party (3,506)   (3,506)  
Loan servicing expense (8) (42) (40) (77)
Merger related expenses (11) (603) (58) (6,070)
Other operating expenses (741) (361) (1,437) (1,561)
Total non-interest expense (9,845) (6,294) (16,455) (17,520)
Net income (loss) before provision for income taxes (10,201) (6,244) (16,712) 13,273
Total Assets 342,783 61,430 342,783 61,430
Loan Acquisitions | Operating Segments        
Segment reporting        
Interest income 14,977 18,208 31,470 28,881
Interest expense (10,654) (10,602) (21,859) (18,307)
Net interest income before provision for loan losses 4,323 7,606 9,611 10,574
Provision for loan losses (1,965) (544) (7,688) (677)
Net interest income after provision for loan losses 2,358 7,062 1,923 9,897
Non-interest income        
Net realized gains on financial instruments and real estate owned (396) 453 (1,135) 404
Net unrealized gain (loss) on financial instruments (1,016) (661) (10,439) (680)
Servicing income 172   527 1
Income on purchased future receivables, net of allowance for doubtful accounts 5,586   9,069  
Income (Loss) from unconsolidated joint ventures 507 2,083 (3,030) 5,012
Other income 1,419 957 3,755 1,025
Total non-interest income (loss) 6,272 2,832 (1,253) 5,762
Non-interest expense        
Employee compensation and benefits (2,638) (26) (5,471) (27)
Allocated employee compensation and benefits from related party (125) (125) (250) (210)
Professional fees (251) (47) (486) (217)
Loan servicing expense (1,500) (1,117) (2,866) (1,918)
Other operating expenses (4,072) (882) (10,317) (1,304)
Total non-interest expense (8,586) (2,197) (19,390) (3,676)
Net income (loss) before provision for income taxes 44 7,697 (18,720) 11,983
Total Assets 1,125,035 1,158,351 1,125,035 1,158,351
SBC Originations | Operating Segments        
Segment reporting        
Interest income 37,497 30,639 76,766 58,828
Interest expense (23,507) (21,401) (49,134) (42,068)
Net interest income before provision for loan losses 13,990 9,238 27,632 16,760
Provision for loan losses 5,821 (350) (24,007) (309)
Net interest income after provision for loan losses 19,811 8,888 3,625 16,451
Non-interest income        
Net realized gains on financial instruments and real estate owned 6,232 1,627 9,881 5,167
Net unrealized gain (loss) on financial instruments (716) (76) (7,207) 734
Servicing income 399 461 931 897
Other income 1,439 1,661 2,722 2,447
Total non-interest income (loss) 7,354 3,673 6,327 9,245
Non-interest expense        
Employee compensation and benefits (4,689) (1,774) (7,399) (4,034)
Professional fees (104) (313) (442) (614)
Loan servicing expense (1,711) (1,475) (3,291) (2,690)
Other operating expenses (4,429) (2,712) (7,886) (4,829)
Total non-interest expense (10,933) (6,274) (19,018) (12,167)
Net income (loss) before provision for income taxes 16,232 6,287 (9,066) 13,529
Total Assets 2,620,406 2,055,751 2,620,406 2,055,751
SBA Originations, Acquisitions, and Servicing | Operating Segments        
Segment reporting        
Interest income 8,808 7,124 21,279 16,233
Interest expense (6,839) (2,300) (15,352) (8,790)
Net interest income before provision for loan losses 1,969 4,824 5,927 7,443
Provision for loan losses (2,765) (454) (7,019) (880)
Net interest income after provision for loan losses (796) 4,370 (1,092) 6,563
Non-interest income        
Net realized gains on financial instruments and real estate owned 1,602 4,175 5,864 7,966
Net unrealized gain (loss) on financial instruments 31 71 (1,051) (504)
Servicing income 2,393 1,818 3,467 2,833
Other income 28,674 39 28,969 53
Total non-interest income (loss) 32,700 6,103 37,249 10,348
Non-interest expense        
Employee compensation and benefits (3,485) (4,424) (7,395) (8,192)
Professional fees (138) (169) (427) (356)
Loan servicing expense (247) (260) (582) (117)
Other operating expenses (6,530) (2,076) (8,089) (3,126)
Total non-interest expense (10,400) (6,929) (16,493) (11,791)
Net income (loss) before provision for income taxes 21,504 3,544 19,664 5,120
Total Assets 804,355 261,326 804,355 261,326
Residential Mortgage Banking | Operating Segments        
Segment reporting        
Interest income 1,929 1,063 3,247 1,845
Interest expense (2,036) (1,450) (3,621) (2,364)
Net interest income before provision for loan losses (107) (387) (374) (519)
Provision for loan losses (500)   (500)  
Net interest income after provision for loan losses (607) (387) (874) (519)
Non-interest income        
Residential mortgage banking activities 80,564 21,021 117,233 35,608
Net unrealized gain (loss) on financial instruments (12,043) (6,340) (28,481) (13,468)
Servicing income 6,018 5,532 12,154 10,832
Other income 46 85 106 102
Total non-interest income (loss) 74,585 20,298 101,012 33,074
Non-interest expense        
Employee compensation and benefits (15,843) (5,445) (24,584) (10,040)
Variable expenses on residential mortgage banking activities (36,446) (13,501) (56,575) (22,677)
Professional fees (271) (229) (558) (465)
Loan servicing expense (6,861) (1,677) (9,119) (3,417)
Other operating expenses (1,973) (2,054) (3,758) (4,127)
Total non-interest expense (61,394) (22,906) (94,594) (40,726)
Net income (loss) before provision for income taxes 12,584 (2,995) 5,544 (8,171)
Total Assets $ 568,353 $ 303,465 $ 568,353 $ 303,465