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Loans and Allowance for Credit Losses - Delinquency (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Mar. 31, 2024
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Loan delinquency information            
Total Loans Carrying Value $ 9,482,906 $ 10,675,958        
Non-Accrual Loans 192,391 634,001        
90+ Days Past Due but Accruing 120,676 82,821        
General allowance for loan losses (36,618) (44,473)        
Total Loans, net of allowance for loan losses, including loans in consolidated VIEs $ 9,446,288 $ 10,631,485        
Percentage of loans outstanding 100.00% 100.00%        
Percentage of outstanding, Non-Accrual Loans 2.00% 5.90%        
Percentage of outstanding, 90+Days Past Due Accruing 1.30% 0.80%        
Specific allowance for loan losses $ 44,832 $ 101,605 $ 67,423 $ 112,154 $ 67,780 $ 90,519
Current and less than 30 days past due            
Loan delinquency information            
Total Loans Carrying Value $ 9,070,814 $ 9,587,845        
Percentage of loans outstanding 95.60% 89.80%        
30-59 Days Past Due            
Loan delinquency information            
Total Loans Carrying Value $ 45,908 $ 171,498        
Percentage of loans outstanding 0.50% 1.60%        
60+ Days Past Due            
Loan delinquency information            
Total Loans Carrying Value $ 366,184 $ 916,615        
Percentage of loans outstanding 3.90% 8.60%        
Bridge            
Loan delinquency information            
Total Loans Carrying Value $ 6,069,908 $ 6,796,082        
Non-Accrual Loans 103,996 339,073        
90+ Days Past Due but Accruing 119,009          
General allowance for loan losses (12,732) (17,302)        
Specific allowance for loan losses 14,398 36,241 13,181 43,857 40,319 49,905
Bridge | Current and less than 30 days past due            
Loan delinquency information            
Total Loans Carrying Value 5,752,441 6,186,367        
Bridge | 30-59 Days Past Due            
Loan delinquency information            
Total Loans Carrying Value 25,074 87,163        
Bridge | 60+ Days Past Due            
Loan delinquency information            
Total Loans Carrying Value 292,393 522,552        
Fixed rate            
Loan delinquency information            
Total Loans Carrying Value 959,022 1,031,830        
Non-Accrual Loans 22,511 13,928        
General allowance for loan losses (5,415) (7,884)        
Specific allowance for loan losses 6,480 13,598 7,264 12,204 9,085 6,531
Fixed rate | Current and less than 30 days past due            
Loan delinquency information            
Total Loans Carrying Value 933,012 986,755        
Fixed rate | 30-59 Days Past Due            
Loan delinquency information            
Total Loans Carrying Value 3,500 21,798        
Fixed rate | 60+ Days Past Due            
Loan delinquency information            
Total Loans Carrying Value 22,510 23,277        
Construction            
Loan delinquency information            
Total Loans Carrying Value 839,625 1,180,635        
Non-Accrual Loans 19,578 241,751        
90+ Days Past Due but Accruing 1,667 82,781        
General allowance for loan losses (5,840) (3,722)        
Specific allowance for loan losses 7,910 30,870 23,755 35,925 373 17,334
Construction | Current and less than 30 days past due            
Loan delinquency information            
Total Loans Carrying Value 803,198 782,123        
Construction | 30-59 Days Past Due            
Loan delinquency information            
Total Loans Carrying Value 15,182 49,694        
Construction | 60+ Days Past Due            
Loan delinquency information            
Total Loans Carrying Value 21,245 348,818        
Freddie Mac            
Loan delinquency information            
Total Loans Carrying Value   9,500        
Non-Accrual Loans   2,695        
Freddie Mac | Current and less than 30 days past due            
Loan delinquency information            
Total Loans Carrying Value   9,500        
SBA 7(a)            
Loan delinquency information            
Total Loans Carrying Value 1,218,807 1,204,678        
Non-Accrual Loans 43,484 30,549        
90+ Days Past Due but Accruing   40        
General allowance for loan losses (10,204) (12,679)        
Specific allowance for loan losses 13,566 17,867 20,579 16,809 15,110 14,299
SBA 7(a) | Current and less than 30 days past due            
Loan delinquency information            
Total Loans Carrying Value 1,192,886 1,179,231        
SBA 7(a) | 30-59 Days Past Due            
Loan delinquency information            
Total Loans Carrying Value 262 8,619        
SBA 7(a) | 60+ Days Past Due            
Loan delinquency information            
Total Loans Carrying Value 25,659 16,828        
Other            
Loan delinquency information            
Total Loans Carrying Value 395,544 453,233        
Non-Accrual Loans 2,822 6,005        
General allowance for loan losses (2,427) (2,886)        
Specific allowance for loan losses 2,478 3,029 $ 2,644 $ 3,359 $ 2,893 $ 2,450
Other | Current and less than 30 days past due            
Loan delinquency information            
Total Loans Carrying Value 389,277 443,869        
Other | 30-59 Days Past Due            
Loan delinquency information            
Total Loans Carrying Value 1,890 4,224        
Other | 60+ Days Past Due            
Loan delinquency information            
Total Loans Carrying Value $ 4,377 $ 5,140