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Investments - Narrative (Details)
3 Months Ended 6 Months Ended
Jan. 01, 2023
USD ($)
Jun. 30, 2023
USD ($)
joint_venture
Mar. 31, 2023
USD ($)
Jun. 30, 2022
USD ($)
loan
Mar. 31, 2022
USD ($)
Jun. 30, 2023
USD ($)
loan
Jun. 30, 2022
USD ($)
loan
Dec. 31, 2022
USD ($)
Debt Securities, Available-for-sale [Line Items]                
Reclassification of available for sale debt securities to held to maturity $ 83,000,000              
Unrealized losses on debt securities available-for-sale transferred to held-to-maturity   $ (982,000)       $ (982,000)    
Amortization of unrealized loss on debt securities available-for-sale transferred to held-to-maturity   1,139,000   $ 0   3,172,000 $ 0  
Gross unrealized losses               $ (25,649,000)
Gross unrealized gains               0
Fair value               391,614,000
Interest receivable on securities, on available for sale debt securities   100,000       100,000   100,000
Debt securities and beneficial interests acquired       0        
Basis [1]   71,706,000       71,706,000   0
Securities past due   0       0   0
Impairment of beneficial interest   $ (8,800,000) $ (1,000,000) (2,100,000) $ (4,000,000)      
Number of joint ventures being refinanced | joint_venture   8            
Beneficial interest, accretable yield   $ 2,000,000   2,500,000   4,100,000 6,600,000  
Held-to-maturity securities, accretable yield   600,000       1,200,000    
Reclassification to non-credit discount from the allowance for changes in payment expectations       $ 400,000     $ 800,000  
Accumulated net investment gain (loss) attributable to parent                
Debt Securities, Available-for-sale [Line Items]                
Unrealized losses on debt securities available-for-sale transferred to held-to-maturity $ (10,900,000) $ (7,770,000)       $ (7,770,000)   0
Ajax Mortgage Loan Trust 2022-A                
Debt Securities, Available-for-sale [Line Items]                
Securities retained, percentage from trust (in percent)   8.60%   23.30%   8.60% 23.30%  
Securities retained, value       $ 49,200,000   $ 16,100,000 $ 49,200,000  
Securities retained, number of re-performing loans and non-performing loans acquired | loan       811   1,085 811  
Securities retained, re-performing loans and non-performing loans acquired, unpaid principal balance       $ 215,500,000   $ 205,100,000 $ 215,500,000  
Securities retained, re-performing loans and non-performing loans acquired, amount       $ 518,800,000   $ 497,400,000 $ 518,800,000  
Securities retained, rated securities with unpaid principal balance percentage (in percent)       71.90%   79.80% 71.90%  
Securities retained, weighted average coupon (in percent)   3.46%   3.47%   3.46% 3.47%  
Ajax Mortgage Loan Trust 2022-A | 60 Days Past Due                
Debt Securities, Available-for-sale [Line Items]                
Securities retained, percentage of unpaid loans (in percent)       33.90%     33.90%  
Ajax Mortgage Loan Trust 2022-B                
Debt Securities, Available-for-sale [Line Items]                
Securities retained, percentage from trust (in percent)       17.20%     17.20%  
Securities retained, value       $ 36,800,000     $ 36,800,000  
Securities retained, number of re-performing loans and non-performing loans acquired | loan       1,106     1,106  
Securities retained, re-performing loans and non-performing loans acquired, unpaid principal balance       $ 220,800,000     $ 220,800,000  
Securities retained, re-performing loans and non-performing loans acquired, amount       $ 575,500,000     $ 575,500,000  
Securities retained, rated securities with unpaid principal balance percentage (in percent)       76.90%     76.90%  
Securities retained, weighted average coupon (in percent)       3.47%     3.47%  
Investments in securities                
Debt Securities, Available-for-sale [Line Items]                
Fair value   $ 142,100,000       $ 142,100,000   257,100,000
Investment in beneficial interests                
Debt Securities, Available-for-sale [Line Items]                
Gross unrealized losses   (21,430,000)       (21,430,000)   0
Gross unrealized gains   0       0   0
Fair value   106,044,000       106,044,000   134,552,000
Reclassification to non-credit discount from the allowance for changes in payment expectations   0   $ 448,000   0 $ 759,000  
Reversal of provision for credit losses       (400,000)     (100,000)  
Senior notes                
Debt Securities, Available-for-sale [Line Items]                
Debt securities, realized loss   0   $ (100,000)   (3,000,000) $ (100,000)  
Debt securities available-for-sale, at fair value                
Debt Securities, Available-for-sale [Line Items]                
Gross unrealized losses   (11,760,000)       (11,760,000)   (25,649,000)
Gross unrealized gains   0       0   0
Fair value   $ 142,104,000       $ 142,104,000   $ 257,062,000
[1] On January 1, 2023, the Company transferred certain of its investments in securities to held-to-maturity ("HTM") due to European risk retention regulations. As of June 30, 2023, Investments in securities HTM includes an allowance for expected credit losses of zero and remaining discount of $7.8 million related to the unamortized unrealized loss in AOCI.