CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Interest income:
Loans held-for-investment	$ 56,783	$ 61,796	$ 180,341	$ 176,594
Loans held-for-sale	774	0	895	0
Available-for-sale securities	119	308	646	927
Held-to-maturity securities	113	530	659	1,804
Cash and cash equivalents	57	810	424	2,228
Total interest income	57,846	63,444	182,965	181,553
Interest expense:
Repurchase agreements	12,791	17,951	46,742	48,469
Securitized debt obligations	5,431	12,467	21,367	35,880
Convertible senior notes	4,529	4,503	13,570	13,459
Asset-specific financings	901	1,119	2,962	1,717
Revolving credit facilities	217	322	779	1,182
Senior secured term loan facilities	145	0	145	0
Total interest expense	24,014	36,362	85,565	100,707
Net interest income	33,832	27,082	97,400	80,846
Other (loss) income:
Provision for credit losses	5,300	0	(62,241)	0
Realized losses on sales	(10,019)	0	(16,913)	0
Fee income	595	0	1,117	1,115
Total other (loss) income	(4,124)	0	(78,037)	1,115
Expenses:
Management fees	3,974	3,801	11,840	11,013
Incentive fees	0	0	0	244
Servicing expenses	914	1,013	3,025	2,671
Other operating expenses	5,808	4,877	24,421	15,499
Restructuring charges	43,682	0	43,682	0
Total expenses	54,378	9,691	82,968	29,427
(Loss) income before income taxes	(24,670)	17,391	(63,605)	52,534
Benefit from income taxes	(4)	(1)	(15)	(4)
Net (loss) income	(24,666)	17,392	(63,590)	52,538
Dividends on preferred stock	25	25	75	75
Net (loss) income attributable to common stockholders	$ (24,691)	$ 17,367	$ (63,665)	$ 52,463
Basic (loss) earnings per weighted average common share (in usd per share)	$ (0.45)	$ 0.32	$ (1.15)	$ 1.00
Diluted (loss) earnings per weighted average common share (in usd per share)	(0.45)	0.32	(1.15)	1.00
Dividends declared per common share (in usd per share)	$ 0.20	$ 0.42	$ 0.20	$ 1.26
Weighted average number of shares of common stock outstanding:
Basic (in shares)	55,205,082	54,853,205	55,140,163	52,492,324
Diluted (in shares)	55,205,082	54,853,205	55,140,163	52,492,324
Comprehensive (loss) income:
Net (loss) income attributable to common stockholders	$ (24,691)	$ 17,367	$ (63,665)	$ 52,463
Other comprehensive income, net of tax:
Unrealized gain on available-for-sale securities	0	0	0	224
Other comprehensive income	0	0	0	224
Comprehensive (loss) income	$ (24,691)	$ 17,367	$ (63,665)	$ 52,687