CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021
Operating activities:
Net income	$ 16,201	$ 17,154	$ 17,615	$ 15,740
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Amortization of deferred financing costs	2,220			2,232
Accretion of deferred loan origination fees and costs	(2,280)			(2,022)
Stock-based compensation	766			521
Depreciation of real estate owned	0			224
Provision for current expected credit losses	(594)			(3,240)
Changes in operating assets and liabilities:
Other assets	3,956			(2,677)
Due to affiliate	(333)			169
Other liabilities	(1,524)			(1,023)
Net cash provided by (used in) operating activities	16,215			9,924
Investing activities:
Issuance of and fundings on loans held for investment	(217,549)			(219,205)
Principal repayment of loans held for investment	266,574			87,321
Receipt of origination fees	2,428			680
Proceeds from sale of real estate owned	38,227			0
Payments under derivative financial instruments	0			(150)
Net cash provided by (used in) investing activities	89,680			(131,354)
Proceeds from secured funding agreements
Proceeds from notes payable	0			6,206
Repayments of notes payable	(28,275)			(27,880)
Payment of secured funding costs	(651)			(7,962)
Proceeds from issuance of debt of consolidated VIEs	0			540,471
Dividends paid	(16,674)			(11,124)
Proceeds from sale of common stock	2,874			100,870
Payment of offering costs	0			(13)
Net cash provided by (used in) financing activities	(142,751)			144,598
Change in cash and cash equivalents	(36,856)			23,168
Cash and cash equivalents, beginning of period	50,615		$ 97,944	74,776
Cash and cash equivalents, end of period	13,759	$ 50,615		97,944
Gain on sale of real estate owned	(2,197)			0
Secured funding agreements
Proceeds from secured funding agreements
Proceeds from secured funding agreements	37,892			77,253
Repayments of secured funding agreements	(137,917)			(483,223)
Secured term loan
Proceeds from secured funding agreements
Repayments of secured funding agreements	$ 0			$ (50,000)