Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest income and interest expense
Interest income	$ 66,021	$ 61,915	$ 127,038	$ 120,064
Interest expense	(28,008)	(22,017)	(50,509)	(42,307)
Net interest income	38,013	39,898	76,529	77,757
Other revenue
Other income, net	629	157	647	253
Total other revenue	629	157	647	253
Other expenses
Professional fees	1,150	1,137	2,296	2,336
General and administrative	949	1,081	2,118	2,112
Stock compensation expense	1,328	1,393	2,594	2,849
Servicing and asset management fees	493	328	987	655
Management fee	5,856	5,344	11,565	10,437
Incentive management fee	5,183	0	5,183	0
Total other expenses	14,959	9,283	24,743	18,389
Gain on sale of real estate owned, net	13,291	0	13,291	0
Credit loss (expense) benefit, net	(42,290)	1,852	(47,174)	5,890
(Loss) income before income taxes	(5,316)	32,624	18,550	65,511
Income tax expense, net	(118)	(233)	(203)	(1,164)
Net (loss) income	(5,434)	32,391	18,347	64,347
Preferred stock dividends and participating securities' share in earnings	(3,374)	(6,947)	(6,719)	(13,217)
Series B Preferred Stock redemption make-whole payment	0	(22,485)	0	(22,485)
Series B Preferred Stock accretion, including allocated Warrant fair value and transaction costs	0	(23,997)	0	(25,449)
Net (loss) income attributable to common stockholders - see Note 11	$ (8,808)	$ (21,038)	$ 11,628	$ 3,196
Earnings Per Share, Basic (in USD per share)	$ (0.11)	$ (0.27)	$ 0.15	$ 0.04
Earnings Per Share, Diluted (in USD per share)	$ (0.11)	$ (0.27)	$ 0.14	$ 0.04
Weighted average number of common shares outstanding
Basic: (in shares)	77,188,291	76,899,270	77,186,136	76,897,453
Diluted: (in shares)	77,188,291	76,899,270	81,235,606	81,331,351
Other comprehensive income (loss)
Net (loss) income	$ (5,434)	$ 32,391	$ 18,347	$ 64,347
Comprehensive net (loss) income	$ (5,434)	$ 32,391	$ 18,347	$ 64,347