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Mortgage Loans on Real Estate - Schedule of Loans (UPB) Collateralized by Real Estate (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Residential Real Estate    
Debt Instrument [Line Items]    
Unpaid Principal Balance [1],[2],[3] $ 2,241,748 $ 1,851,539
Nonaccrual Unpaid Principal Balance [3] $ 266,367 $ 184,633
Residential Real Estate | Less Than One Million    
Debt Instrument [Line Items]    
Final Maturity Date [3] Jan. 01, 2054 Jan. 01, 2053
Unpaid Principal Balance [1],[2],[3] $ 1,674,434 $ 1,374,726
Nonaccrual Unpaid Principal Balance [3] $ 185,391 $ 127,125
Residential Real Estate | Less Than One Million | Minimum    
Debt Instrument [Line Items]    
Interest Rate [3] 4.00% 4.00%
Residential Real Estate | Less Than One Million | Maximum    
Debt Instrument [Line Items]    
Interest Rate [3] 14.00% 13.50%
Residential Real Estate | One Million And More    
Debt Instrument [Line Items]    
Final Maturity Date [3] Jan. 01, 2054 Jan. 01, 2053
Unpaid Principal Balance [1],[2],[3] $ 567,314 $ 476,813
Nonaccrual Unpaid Principal Balance [3] $ 80,976 $ 57,508
Residential Real Estate | One Million And More | Minimum    
Debt Instrument [Line Items]    
Interest Rate [3] 4.00% 4.00%
Residential Real Estate | One Million And More | Maximum    
Debt Instrument [Line Items]    
Interest Rate [3] 13.30% 11.50%
Commercial Real Estate    
Debt Instrument [Line Items]    
Unpaid Principal Balance [1],[2],[4] $ 1,831,142 $ 1,660,947
Nonaccrual Unpaid Principal Balance [4] $ 128,195 $ 108,156
Commercial Real Estate | Less Than One Million    
Debt Instrument [Line Items]    
Final Maturity Date [4] Jan. 01, 2054 Jan. 01, 2053
Unpaid Principal Balance [1],[2],[4] $ 1,322,387 $ 1,196,378
Nonaccrual Unpaid Principal Balance [4] $ 86,755 $ 69,763
Commercial Real Estate | Less Than One Million | Minimum    
Debt Instrument [Line Items]    
Interest Rate [4] 4.00% 4.00%
Commercial Real Estate | Less Than One Million | Maximum    
Debt Instrument [Line Items]    
Interest Rate [4] 15.00% 13.70%
Commercial Real Estate | One Million And More    
Debt Instrument [Line Items]    
Final Maturity Date [4] Jan. 01, 2054 Jan. 01, 2053
Unpaid Principal Balance [1],[2],[4] $ 508,755 $ 464,569
Nonaccrual Unpaid Principal Balance [4] $ 41,440 $ 38,393
Commercial Real Estate | One Million And More | Minimum    
Debt Instrument [Line Items]    
Interest Rate [4] 4.00% 4.00%
Commercial Real Estate | One Million And More | Maximum    
Debt Instrument [Line Items]    
Interest Rate [4] 13.20% 11.70%
Real Estate    
Debt Instrument [Line Items]    
Unpaid Principal Balance [1],[2] $ 4,072,890 $ 3,512,486
Nonaccrual Unpaid Principal Balance $ 394,562 $ 292,789
[1] As of December 31, 2023 and 2022, $188.5 million and $168.4 million, respectively, of the total UPB were interest-only loans with interest payable monthly and the principal payable at maturity.
[2] The aggregate cost of the Company’s loan portfolio for Federal income tax purposes were $4,156,554 and $3,553,379 as of December 31, 2023 and 2022, respectively.
[3] The principal and interest on the 1-4 unit residential mortgage loans is payable monthly over the life of the loan to maturity. These loans generally contain a 3% prepayment penalty provision if the loan is prepaid within the first 3 years.
[4] The principal and interest on the traditional commercial mortgage loans is payable monthly over the life of the loan to maturity. These loans generally contain a 5% prepayment penalty provision if the loan is prepaid within the first 3 years.