Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue
Interest and related income	$ 98,993	$ 104,647	$ 189,687	$ 210,450
Less: interest and related expense	46,871	46,470	86,451	92,757
Net interest income	52,122	58,177	103,236	117,693
Revenue from real estate owned	17,118	6,019	23,931	7,070
Total revenue	69,240	64,196	127,167	124,763
Expenses
Management fees - affiliate	9,843	9,737	19,650	19,363
General and administrative expenses	4,748	2,874	9,091	4,063
Stock-based compensation expense	604	1,452	604	(190)
Operating expenses from real estate owned	10,536	7,091	18,316	8,791
Interest expense on debt related to real estate owned	2,719	8,886	5,303	10,361
Depreciation on real estate owned	1,998	1,940	3,938	3,233
Total expenses	30,448	31,980	56,902	45,621
Realized gain on sale of loan	30,090		30,090
Unrealized gain on interest rate cap	2,837		2,837
Gain on foreclosure of real estate owned				1,430
Other income				5,855
(Provision) reversal of current expected credit loss reserve	(8,530)	7,922	(10,632)	8,107
Income before income taxes	63,189	40,138	92,560	94,534
Income tax benefit		1,846		6,025
Net income	63,189	41,984	92,560	100,559
Net loss attributable to non-controlling interests	(45)	(41)	(86)	(78)
Net income attributable to preferred stock		4		8
Net income attributable to common stock	$ 63,234	$ 42,021	$ 92,646	$ 100,629
Net income per share of common stock
Basic and diluted	$ 0.45	$ 0.31	$ 0.66	$ 0.75
Weighted-average shares of common stock outstanding
Basic and diluted	139,637,949	133,433,487	139,675,019	133,520,821