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Loans Held for Investment and the Allowance for Credit Losses - Summary of Activity in Allowance for Credit Losses for Mortgage Loan Investment Portfolio by Class of Financing Receivable (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Accounts Notes And Loans Receivable [Line Items]        
Beginning balance     $ 59,940  
Allowance for credit losses for loans held for investment $ 51,941   51,941  
Total allowance for credit losses 55,312 $ 58,675 55,312 $ 58,675
Loans Held for Investment        
Accounts Notes And Loans Receivable [Line Items]        
Beginning balance 56,641 75,658 59,940  
Credit Loss Expense (Benefit) (4,700) (22,101) (7,999) 35,774
Allowance for credit losses for loans held for investment 51,941 53,557 51,941 53,557
Loans Held for Investment | ASU 2016-13        
Accounts Notes And Loans Receivable [Line Items]        
Cumulative-effect adjustment upon adoption of ASU 2016-13       17,783
Unfunded Loan Commitment        
Accounts Notes And Loans Receivable [Line Items]        
Beginning balance 2,149 7,335 2,888  
Credit Loss Expense (Benefit) 1,222 (2,217) 483 3,256
Allowance for credit losses on unfunded loan commitments 3,371 5,118 3,371 5,118
Unfunded Loan Commitment | ASU 2016-13        
Accounts Notes And Loans Receivable [Line Items]        
Cumulative-effect adjustment upon adoption of ASU 2016-13       1,862
Senior Loans        
Accounts Notes And Loans Receivable [Line Items]        
Total allowance for credit losses 54,791 55,175 54,791 55,175
Senior Loans | Loans Held for Investment        
Accounts Notes And Loans Receivable [Line Items]        
Beginning balance 55,155 73,620 58,210  
Credit Loss Expense (Benefit) (3,724) (22,063) (6,779) 34,654
Allowance for credit losses for loans held for investment 51,431 51,557 51,431 51,557
Senior Loans | Loans Held for Investment | ASU 2016-13        
Accounts Notes And Loans Receivable [Line Items]        
Cumulative-effect adjustment upon adoption of ASU 2016-13       16,903
Senior Loans | Unfunded Loan Commitment        
Accounts Notes And Loans Receivable [Line Items]        
Beginning balance 2,084 5,807 2,756  
Credit Loss Expense (Benefit) 1,276 (2,189) 604 1,756
Allowance for credit losses on unfunded loan commitments 3,360 3,618 3,360 3,618
Senior Loans | Unfunded Loan Commitment | ASU 2016-13        
Accounts Notes And Loans Receivable [Line Items]        
Cumulative-effect adjustment upon adoption of ASU 2016-13       1,862
Subordinated and Mezzanine Loans        
Accounts Notes And Loans Receivable [Line Items]        
Total allowance for credit losses 521 3,500 521 3,500
Subordinated and Mezzanine Loans | Loans Held for Investment        
Accounts Notes And Loans Receivable [Line Items]        
Beginning balance 1,486 2,038 1,730  
Credit Loss Expense (Benefit) (976) (38) (1,220) 1,120
Allowance for credit losses for loans held for investment 510 2,000 510 2,000
Subordinated and Mezzanine Loans | Loans Held for Investment | ASU 2016-13        
Accounts Notes And Loans Receivable [Line Items]        
Cumulative-effect adjustment upon adoption of ASU 2016-13       880
Subordinated and Mezzanine Loans | Unfunded Loan Commitment        
Accounts Notes And Loans Receivable [Line Items]        
Beginning balance 65 1,528 132  
Credit Loss Expense (Benefit) (54) (28) (121) 1,500
Allowance for credit losses on unfunded loan commitments $ 11 $ 1,500 $ 11 $ 1,500