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Note 6 - CMBS Structured Pass Through Certificates - Summary of CMBS I/O Strips (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Dec. 31, 2020
CMBS structured pass through certificates, at fair value $ 72,645 $ 38,984
Multifamily [Member] | CMBS I/O Strip, One [Member]    
CMBS structured pass through certificates, at fair value $ 2,432  
Interest rate 2.09%  
Current yield [1] 14.95%  
Multifamily [Member] | CMBS I/O Strip, Two [Member]    
CMBS structured pass through certificates, at fair value $ 8,712  
Interest rate 0.10%  
Current yield [1] 14.34%  
Multifamily [Member] | CMBS I/O Strip, Three [Member]    
CMBS structured pass through certificates, at fair value $ 23,783  
Interest rate 3.09%  
Current yield [1] 14.64%  
Multifamily [Member] | CMBS I/O Strip, Four [Member]    
CMBS structured pass through certificates, at fair value $ 7,437  
Interest rate 1.71%  
Current yield [1] 14.77%  
Multifamily [Member] | CMBS I/O Strip, Five [Member]    
CMBS structured pass through certificates, at fair value $ 4,919  
Interest rate 3.50%  
Current yield [1] 14.31%  
Multifamily [Member] | CMBS I/O Strip, Six [Member]    
CMBS structured pass through certificates, at fair value $ 611  
Interest rate 2.39%  
Current yield [1] 16.61%  
Multifamily [Member] | CMBS IO Strip Seven [Member]    
CMBS structured pass through certificates, at fair value $ 7,289  
Interest rate 1.39%  
Current yield [1] 15.32%  
Multifamily [Member] | CMBS IO Strip Eight [Member]    
CMBS structured pass through certificates, at fair value $ 1,975  
Interest rate 1.31%  
Current yield [1] 18.42%  
Multifamily [Member] | CMBS I/O Strip, Nine [Member]    
CMBS structured pass through certificates, at fair value $ 3,345  
Interest rate 1.96%  
Multifamily [Member] | CMBS I/O Strip, Ten [Member]    
CMBS structured pass through certificates, at fair value $ 1,734  
Interest rate 3.20%  
Current yield [1] 14.45%  
Multifamily [Member] | CMBS I/O Strip, Eleven [Member]    
CMBS structured pass through certificates, at fair value $ 325  
Interest rate 2.70%  
Current yield [1] 12.72%  
Multifamily [Member] | CMBS I/O Strip, Twelve [Member]    
CMBS structured pass through certificates, at fair value $ 5,058  
Interest rate 2.04%  
Current yield [1] 13.30%  
Multifamily [Member] | CMBS I/O Strip, Thirteen [Member]    
CMBS structured pass through certificates, at fair value $ 5,025  
Interest rate 2.95%  
Current yield [1] 14.06%  
Multifamily [Member] | CMBS I/O Strip, Fourteen [Member]    
Current yield [1] 12.30%  
Multifamily [Member] | Collateralized Mortgage Backed Securities [Member]    
CMBS structured pass through certificates, at fair value $ 72,645  
Current yield [1]  
[1] Current yield is the annualized income earned divided by the cost basis of the investment.