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Loans and Allowance for Credit Losses - Classification, unpaid principal balance, and carrying value (Details) - USD ($)
$ in Thousands
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Carrying Value            
Total Loans, before allowance for loan losses $ 3,478,655   $ 4,101,590      
Allowance for loan losses (33,776)   (81,430)      
Total Loans, net 3,444,879   4,020,160      
Allowance for loan losses on loans in consolidated VIEs (44,832) $ (67,423) (101,605) $ (112,154) $ (67,780) $ (90,519)
Total Loans, held for sale, before valuation allowance 750,230   81,599      
Valuation allowance (217,719)          
Total Loans, held for sale 532,511   81,599      
Valuation allowance on loans, held for sale in consolidated VIEs (9,448)   0      
Total Loans, net and Loans held for sale, at fair value 9,988,524   10,713,084      
UPB            
Total Loans, before allowance for loan losses 3,489,772   4,114,022      
Total Loans, net 3,489,772   4,114,022      
Total Loans, held for sale, before valuation allowance 748,538   77,795      
Total Loans, held for sale 748,538   77,795      
Total Loans, net and Loans held for sale, at fair value 10,294,826   10,857,984      
Consolidated VIEs            
Carrying Value            
Total Loans, in consolidated VIEs, before allowance for loan losses 6,012,465   6,631,500      
Allowance for loan losses on loans in consolidated VIEs (11,056)   (20,175)      
Total Loans, net, in consolidated VIEs 6,001,409   6,611,325      
Valuation allowance on loans, held for sale in consolidated VIEs (9,448)          
Total Loans, held for sale in consolidated VIEs 9,725          
UPB            
Total Loans, in consolidated VIEs, before allowance for loan losses 6,037,343   6,666,167      
Total Loans, net, in consolidated VIEs 6,037,343   6,666,167      
Total Loans, held for sale in consolidated VIEs 19,173          
Bridge            
Carrying Value            
Total Loans, before allowance for loan losses 1,267,122   1,444,770      
Allowance for loan losses on loans in consolidated VIEs (14,398) (13,181) (36,241) (43,857) (40,319) (49,905)
Total Loans, held for sale, before valuation allowance 251,836          
UPB            
Total Loans, before allowance for loan losses 1,270,125   1,448,281      
Total Loans, held for sale, before valuation allowance 251,375          
Bridge | Consolidated VIEs            
Carrying Value            
Total Loans, in consolidated VIEs, before allowance for loan losses 4,804,452   5,370,251      
Loans, held for sale in consolidated VIEs 19,173          
UPB            
Total Loans, in consolidated VIEs, before allowance for loan losses 4,816,128   5,389,535      
Loans, held for sale in consolidated VIEs 19,173          
Fixed rate            
Carrying Value            
Total Loans, before allowance for loan losses 186,857   247,476      
Allowance for loan losses on loans in consolidated VIEs (6,480) (7,264) (13,598) (12,204) (9,085) (6,531)
Total Loans, held for sale, before valuation allowance 38,051          
UPB            
Total Loans, before allowance for loan losses 184,707   241,674      
Total Loans, held for sale, before valuation allowance 39,826          
Fixed rate | Consolidated VIEs            
Carrying Value            
Total Loans, in consolidated VIEs, before allowance for loan losses 773,230   790,068      
UPB            
Total Loans, in consolidated VIEs, before allowance for loan losses 772,576   790,967      
Construction            
Carrying Value            
Total Loans, before allowance for loan losses 841,695   1,207,783      
Allowance for loan losses on loans in consolidated VIEs (7,910) (23,755) (30,870) (35,925) (373) (17,334)
Total Loans, held for sale, before valuation allowance 356,753          
UPB            
Total Loans, before allowance for loan losses 842,854   1,212,526      
Total Loans, held for sale, before valuation allowance 359,208          
Freddie Mac            
Carrying Value            
Total Loans, before allowance for loan losses     9,500      
Total Loans, held for sale, before valuation allowance 12,046   20,955      
UPB            
Total Loans, before allowance for loan losses     9,719      
Total Loans, held for sale, before valuation allowance 12,266   20,729      
SBA 7(a)            
Carrying Value            
Total Loans, before allowance for loan losses 1,020,826   995,974      
Allowance for loan losses on loans in consolidated VIEs (13,566) (20,579) (17,867) (16,809) (15,110) (14,299)
Total Loans, held for sale, before valuation allowance 71,281   59,421      
UPB            
Total Loans, before allowance for loan losses 1,028,043   1,003,323      
Total Loans, held for sale, before valuation allowance 65,842   55,769      
SBA 7(a) | Consolidated VIEs            
Carrying Value            
Total Loans, in consolidated VIEs, before allowance for loan losses 201,343   213,892      
UPB            
Total Loans, in consolidated VIEs, before allowance for loan losses 214,415   227,636      
Other            
Carrying Value            
Total Loans, before allowance for loan losses 162,155   196,087      
Allowance for loan losses on loans in consolidated VIEs (2,478) $ (2,644) (3,029) $ (3,359) $ (2,893) $ (2,450)
Total Loans, held for sale, before valuation allowance 20,263   1,223      
UPB            
Total Loans, before allowance for loan losses 164,043   198,499      
Total Loans, held for sale, before valuation allowance 20,021   1,297      
Other | Consolidated VIEs            
Carrying Value            
Total Loans, in consolidated VIEs, before allowance for loan losses 233,440   257,289      
UPB            
Total Loans, in consolidated VIEs, before allowance for loan losses $ 234,224   $ 258,029