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Business Purpose Residential Loans (Details)
2 Months Ended 3 Months Ended 7 Months Ended 9 Months Ended
Sep. 30, 2019
USD ($)
loan
Dec. 31, 2018
USD ($)
loan
Feb. 28, 2019
USD ($)
Sep. 30, 2019
USD ($)
loan
Sep. 30, 2018
USD ($)
Sep. 30, 2019
USD ($)
loan
Sep. 30, 2019
USD ($)
loan
Sep. 30, 2018
USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                
Purchases of held-for-sale loans             $ 4,002,509,000 $ 5,596,326,000
Proceeds from sales of held-for-sale loans             $ 2,971,811,000 4,097,211,000
Number of loans transferred | loan             1  
Transfer to REO             $ 5,280,000 2,139,000
Commitment To Fund Residential Bridge Loan                
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                
Commitment to fund loan $ 67,000,000     $ 67,000,000   $ 67,000,000 67,000,000  
Total Business Purpose Residential Loans                
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                
Proceeds from loan originations       127,000,000        
Proceeds from loan originations to third parties       3,000,000        
Market valuations gains and losses, net       1,000,000        
Fee income       3,000,000   6,000,000    
Loans, at fair value $ 336,035,000 $ 141,258,000   336,035,000   336,035,000 336,035,000  
Single-Family Rental, Held-for-sale at fair value                
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                
Number of loans | loan 77 11            
Loan principal $ 106,000,000 $ 28,000,000   106,000,000   106,000,000 106,000,000  
Loans, at fair value $ 110,434,000 $ 28,460,000   $ 110,434,000   $ 110,434,000 $ 110,434,000  
Number of loans past due | loan 0 0   0   0 0  
Purchases of held-for-sale loans     $ 19,000,000 $ 36,000,000   $ 78,000,000    
Proceeds from sales of held-for-sale loans       0   0    
Gain (loss) on investments       1,000,000     $ 3,000,000  
Collateral amounts $ 78,000,000 $ 28,000,000   $ 78,000,000   $ 78,000,000 $ 78,000,000  
Weighted average coupon rate 5.35%     5.35%   5.35% 5.35%  
Contract maturities             6 years  
Weighted average original loan-to-value (LTV) 68.00%     68.00%   68.00% 68.00%  
Weighted-average debt service coverage ratio             1.36  
Number of loans in foreclosure | loan   0            
Residential Bridge, Held-for-sale at fair value                
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                
Loans, at fair value $ 0 $ 0   $ 0   $ 0 $ 0  
Held-for-sale at fair value, Total                
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                
Loans, at fair value $ 110,434,000 28,460,000   110,434,000   110,434,000 110,434,000  
Single-Family Rental, Held-for-investment at fair value                
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                
Number of loans | loan 1              
Loan principal $ 17,000,000     17,000,000   17,000,000 17,000,000  
Loans, at fair value $ 18,711,000 $ 0   18,711,000   18,711,000 18,711,000  
Transfer from Investments       19,000,000        
Residential Bridge, Held-for-investment at fair value                
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                
Number of loans | loan 392 157            
Loan principal $ 205,000,000 $ 112,000,000   205,000,000   205,000,000 205,000,000  
Loans, at fair value 206,890,000 $ 112,798,000   206,890,000   206,890,000 206,890,000  
Number of loans past due | loan   7            
Purchases of held-for-sale loans     $ 10,000,000 88,000,000   174,000,000    
Gain (loss) on investments       (1,000,000)        
Collateral amounts $ 176,000,000 $ 98,000,000   $ 176,000,000   $ 176,000,000 $ 176,000,000  
Weighted average coupon rate 8.90%     8.90%   8.90% 8.90%  
Weighted average original loan-to-value (LTV) 70.00%     70.00%   70.00% 70.00%  
Unpaid principal balance on delinquent or foreclosure loans   $ 12,000,000            
Number of loans in foreclosure | loan 8 4   8   8 8  
Loans in foreclosure amount $ 5,000,000 $ 11,000,000   $ 5,000,000   $ 5,000,000 $ 5,000,000  
Transfer to REO             $ 5,000,000  
Weighted average original Fair Isaac Corporation (FICO) score 693     693   693 693  
Amount of loans in foreclosure $ 5,000,000     $ 5,000,000   $ 5,000,000 $ 5,000,000  
Residential Bridge, Held-for-investment at fair value | Minimum                
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                
Contract maturities             6 months  
Residential Bridge, Held-for-investment at fair value | Maximum                
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                
Contract maturities             24 months  
Held-for-investment at fair value, Total                
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                
Loans, at fair value 225,601,000 112,798,000   225,601,000   225,601,000 $ 225,601,000  
Total of single family rental                
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                
Loans, at fair value 129,145,000 28,460,000   129,145,000   129,145,000 129,145,000  
Total residential bridge loans                
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                
Loans, at fair value 206,890,000 $ 112,798,000   206,890,000   206,890,000 206,890,000  
Business Purpose Mortgage Banking Activities, Net                
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                
Market valuations gains and losses, net       1,010,000 $ 0   2,108,000 $ 0
Total Business Purpose Residential Loans                
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                
Proceeds from loan originations           297,000,000    
Proceeds from loan originations to third parties           47,000,000    
Financing Receivables, Equal to Greater than 90 Days Past Due | Residential Bridge, Held-for-investment at fair value                
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]                
Loan principal $ 6,000,000     $ 6,000,000   $ 6,000,000 $ 6,000,000  
Number of loans past due | loan 9     9   9 9  
Unpaid principal balance on delinquent or foreclosure loans $ 6,000,000     $ 6,000,000   $ 6,000,000 $ 6,000,000