Consolidated Statements of Changes in Stockholders’ Equity - USD ($) $ in Thousands		Total	Common Stock at Par	Additional Paid-in Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings (Deficit)
Balance at beginning of period at Dec. 31, 2023		$ 256,106	$ 249	$ 477,068	$ (4,975)	$ (216,236)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock, net of issuance costs		1,883	2	1,881		0
Repurchase of shares of common stock		(19,950)	(17)	(19,933)
Dividends paid on common stock	[1]	(31,037)				(31,037)
Dividends accrued on unvested performance shares		(326)				(326)
Stock compensation		2,041		2,041
Unrealized gain (loss) on RMBS and CMBS		1,500			1,500
Net income (loss)		28,750				28,750
Balance at end of period at Dec. 31, 2024		238,967	234	461,057	(3,475)	(218,849)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock, net of issuance costs		12,181	15	12,166		0
Dividends paid on common stock	[2]	(30,937)				(30,937)
Dividends accrued on unvested performance shares		(227)				(227)
Stock compensation		1,354		1,354
Unrealized gain (loss) on RMBS and CMBS		2,161			2,161
Net income (loss)		44,024				44,024
Balance at end of period at Dec. 31, 2025		$ 267,523	$ 249	$ 474,577	$ (1,314)	$ (205,989)

[1] Dividends paid on common stock for the year ended December 31, 2024 at $0.32 per share of common stock on February 29, 2024, May 31, 2024, August 30, 2024, and November 27, 2024.

[2] Dividends paid on common stock for the year ended December 31, 2025 at $0.32 per share of common stock on February 28, 2025, May 30, 2025, August 29, 2025, and November 26, 2025.