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Agreements and transactions with related parties (Details)
12 Months Ended
Dec. 31, 2020
USD ($)
item
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Related-party transactions      
Amount unpaid $ 4,088,000 $ 2,697,000  
Purchase of loans, held-for-investment 242,532,000 739,002,000 $ 369,418,000
Investment in unconsolidated joint ventures $ 79,509,000 58,850,000  
Management agreement      
Related-party transactions      
Automatically renewal period 1 year    
Minimum notice period for termination 180 days    
Termination fee multiplier 3    
Period immediately preceding the termination used as basis for determination of the termination fee due 24 months    
Management fee      
Related-party transactions      
Fee percentage for results up to threshold 1.50%    
Fee threshold $ 500,000,000    
Fee percentage for results in excess of threshold 1.00%    
Temporary reduction in the quarterly base management fee following the effective date of the merger $ 1,000,000    
Number of quarters the temporary reduction in quarterly base management fee is effective | item 4    
Incentive distribution      
Related-party transactions      
Incentive multiplier 15.00%    
Core earnings period 12 months    
Percentage of Incentive fee multiplied by the weighted average of issue price 8.00%    
The period over which core earnings must exceed the minimum threshold per the terms of the agreement 48 months    
Minimum core earnings threshold $ 0    
Minimum | Management agreement      
Related-party transactions      
Independent director votes required for approval 0.667%    
Manager | Management fee      
Related-party transactions      
Fees $ 10,700,000 9,600,000  
Amount unpaid 2,700,000 2,600,000  
Manager | Incentive distribution      
Related-party transactions      
Fees 6,000,000.0 100,000  
Amount unpaid 1,300,000 100,000  
Manager | Expense reimbursement      
Related-party transactions      
Reimbursable expenses 8,400,000 7,000,000.0  
Amount unpaid $ 5,300,000 $ 4,200,000