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Related Party Transactions - Investing Activities (Details) - PMT - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Transactions with Affiliates          
Common shares of beneficial interest owned 75,000   75,000    
Repurchase agreement with PennyMac Mortgage Investment Trust:          
Assets purchased from PennyMac Mortgage Investment Trust under agreements to resell pledged to creditors         $ 80,862
Activity during the period:          
Interest income on receivable from PennyMac Mortgage Investment Trust   $ 792 $ 387 $ 2,010  
Activity during the period:          
Balance at end of period $ 144 543 545 (314)  
Loans and Leases Receivable, Related Parties         80,862
Fair value of PennyMac Mortgage Investment Trust shares $ 1,580   $ 1,580   $ 1,105
Number of shares 75,000   75,000   75,000
PennyMac Holdings, L L C Repurchase Agreement          
Activity during the period:          
Interest income on receivable from PennyMac Mortgage Investment Trust   792 $ 387 2,010  
Activity during the period:          
Change in fair value of investment in Common shares of PennyMac Mortgage Investment Trust $ 144 $ 543 $ 545 $ (314)