Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Interest Income and Interest Expense
Interest Income	$ 240,161	$ 283,672	$ 339,814
Interest Expense	(85,090)	(107,237)	(174,841)
Net Interest Income	155,071	176,435	164,973
Other Revenue
Other Income, net	560	537	1,754
Total Other Revenue	560	537	1,754
Other Expenses
Professional Fees	4,835	8,970	3,719
General and Administrative	4,392	3,597	3,006
Stock Compensation Expense	5,763	5,768	2,556
Servicing and Asset Management Fees	1,608	1,239	1,837
Management Fee	21,519	20,767	21,571
Incentive Management Fee			7,146
Total Other Expenses	38,117	40,341	39,835
Securities Impairments		(203,397)
Gain on Sale of Real Estate Owned, net	15,790
Credit Loss Benefit (Expense)	(6,310)	69,755
Income (Loss) Before Income Taxes	139,614	(136,521)	126,892
Income Tax Expense, net	(1,064)	(305)	(579)
Net Income (Loss)	138,550	(136,826)	126,313
Preferred Stock Dividends and Participating Securities Share in Earnings (Loss)	(19,911)	(18,706)	(691)
Series B Preferred Stock Redemption Make-Whole Payment	(22,485)
Series B Preferred Stock Accretion and Write-off of Discount, including Allocated Warrant Fair Value and Transaction Costs	(25,449)
Net Income (Loss) Attributable to Common Stockholders - See Note 12	$ 70,705	$ (155,532)	$ 125,622
Earnings (Loss) per Common Share, Basic	$ 0.92	$ (2.03)	$ 1.73
Earnings (Loss) per Common Share, Diluted	$ 0.87	$ (2.03)	$ 1.73
Weighted Average Number of Common Shares Outstanding
Basic:	76,977,743	76,656,756	72,743,171
Diluted:	81,684,388	76,656,756	72,743,171
Other Comprehensive Income (Loss)
Net Income (Loss)	$ 138,550	$ (136,826)	$ 126,313
Unrealized Loss on Available-for-Sale Debt Securities		(1,051)	3,036
Comprehensive Net Income (Loss)	$ 138,550	$ (137,877)	$ 129,349