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Principles of Consolidation - Income (Loss) from Consolidated VIEs Accounted for as Collateralized Financing Entities (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Variable Interest Entity [Line Items]    
Interest income $ 178,516 $ 189,400
Interest expense (152,079) (136,298)
Net Interest Income 26,437 53,102
Investment fair value changes, net (127) (6,120)
Total non-interest income, net 21,098 18,759
General and administrative expenses (35,555) (33,276)
Net Income 4,620 30,915
Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Interest income 119,549 140,316
Interest expense (91,408) (107,470)
Net Interest Income 28,141 32,846
Investment fair value changes, net 1,341 1,371
Other income 172 90
Total non-interest income, net 1,513 1,461
General and administrative expenses (10)  
General and administrative expenses   (31)
Other expenses (577) (551)
Net Income 29,087 33,725
Legacy Sequoia | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Interest income 2,543 1,012
Interest expense (2,504) (701)
Net Interest Income 39 311
Investment fair value changes, net (94) (714)
Other income 0 0
Total non-interest income, net (94) (714)
General and administrative expenses 0  
General and administrative expenses   0
Other expenses 0 0
Net Income (55) (403)
Sequoia | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Interest income 34,644 32,098
Interest expense (30,055) (28,171)
Net Interest Income 4,589 3,927
Investment fair value changes, net 2,442 (3,822)
Other income 0 0
Total non-interest income, net 2,442 (3,822)
General and administrative expenses 0  
General and administrative expenses   0
Other expenses 0 0
Net Income 7,031 105
CAFL | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Interest income 54,437 77,334
Interest expense (39,542) (58,480)
Net Interest Income 14,895 18,854
Investment fair value changes, net (9,682) 2,664
Other income 172 90
Total non-interest income, net (9,510) 2,754
General and administrative expenses 0  
General and administrative expenses   0
Other expenses 0 0
Net Income 5,385 21,608
Freddie Mac SLST | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Interest income 15,493 17,200
Interest expense (11,218) (14,085)
Net Interest Income 4,275 3,115
Investment fair value changes, net 8,934 3,036
Other income 0 0
Total non-interest income, net 8,934 3,036
General and administrative expenses 0  
General and administrative expenses   0
Other expenses 0 0
Net Income 13,209 6,151
Freddie Mac K-Series | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Interest income 4,618 4,753
Interest expense (4,241) (4,371)
Net Interest Income 377 382
Investment fair value changes, net 363 264
Other income 0 0
Total non-interest income, net 363 264
General and administrative expenses 0  
General and administrative expenses   0
Other expenses 0 0
Net Income 740 646
Servicing Investment | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Interest income 7,814 7,919
Interest expense (3,848) (1,662)
Net Interest Income 3,966 6,257
Investment fair value changes, net (1,047) (3,468)
Other income 0 0
Total non-interest income, net (1,047) (3,468)
General and administrative expenses (10)  
General and administrative expenses   (31)
Other expenses (577) (551)
Net Income 2,352 2,207
HEI | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Interest income 0 0
Interest expense 0 0
Net Interest Income 0 0
Investment fair value changes, net 425 3,411
Other income 0 0
Total non-interest income, net 425 3,411
General and administrative expenses 0  
General and administrative expenses   0
Other expenses 0 0
Net Income $ 425 $ 3,411