Stockholders' Equity Note [Abstract]
Schedule of cash dividends declared and paid on common stock
Dividends Declared [Table Text Block]
Quarterly Financial Information Disclosure [Abstract]
Net Interest Income
Interest Income (Expense), Net [Abstract]
Interest income
Interest Income, Operating
Interest expense (includes $13,739, $981 and $998 on securitized debt held by affiliates, respectively)
Interest Expense
Net Interest Income
Interest Income (Expense), Net
Other Income (Loss)
Other Nonoperating Income (Expense) [Abstract]
Realized gain (loss) on sale of investments, net
Available-for-sale Securities, Gross Realized Gain (Loss)
Other than temporary impairment
Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale, Recognized in Earnings
Unrealized gain (loss), net
Unrealized Gain (Loss) on Securities
Unrealized gain (loss), net
Debt Securities, Unrealized Gain (Loss)
Gain (loss) on derivative instruments, net
Gain (Loss) on Derivative Instruments, Net, Pretax
Other, net
Interest Income On Cash Balances and Other Income (loss)
Amount of interest income earned from cash balances and other income (loss) not separately disclosed.
Other Income (Loss)
Other Nonoperating Income (Expense)
Expenses
Operating Expenses [Abstract]
Management fee to affiliate
Management Fee Related Party
Represents the amount of expenses for related party management fees.
Other operating expenses
Other Cost and Expense, Operating
Compensation expense
Labor and Related Expense
Professional fees
Professional Fees
Other general and administrative expenses
Other General and Administrative Expense
Total general and administrative expenses
General and Administrative Expense
Total Expenses
Noninterest Expense
Income tax provision (benefit)
Income Tax Expense (Benefit)
Net income (loss)
Net Income (Loss) Attributable to Parent
Net income (loss) per common share - basic (in dollars per share)
Earnings Per Share, Basic
Net income (loss) per common share - diluted (in dollars per share)
Earnings Per Share, Diluted
Fair Value Disclosures [Abstract]
Fair Value Measurements, Recurring and Nonrecurring [Table]
Fair Value Measurements, Recurring and Nonrecurring [Table]
Measurement Basis [Axis]
Measurement Basis [Axis]
Fair Value Measurement [Domain]
Fair Value Measurement [Domain]
Portion at Fair Value Measurement [Member]
Portion at Fair Value Measurement [Member]
Estimated Fair Value
Estimate of Fair Value Measurement [Member]
Fair Value Hierarchy and NAV [Axis]
Fair Value Hierarchy and NAV [Axis]
Fair Value Hierarchy and NAV [Domain]
Fair Value Hierarchy and NAV [Domain]
Level I
Fair Value, Inputs, Level 1 [Member]
Level II
Fair Value, Inputs, Level 2 [Member]
Level III
Fair Value, Inputs, Level 3 [Member]
Measurement Frequency [Axis]
Measurement Frequency [Axis]
Fair Value, Measurement Frequency [Domain]
Fair Value, Measurement Frequency [Domain]
Recurring basis
Fair Value, Measurements, Recurring [Member]
Asset Class [Axis]
Asset Class [Axis]
Asset Class [Domain]
Asset Class [Domain]
Assets
Assets [Member]
Financial Instrument [Axis]
Financial Instrument [Axis]
Financial Instruments [Domain]
Financial Instruments [Domain]
20 Year Mortgage
Mortgage Backed Securities Having20 Years Maturity Period [Member]
Represents the mortgage-backed securities having maturity period of 20 years.
30 Year Mortgage
Mortgage Backed Securities Having30 Years Maturity Period [Member]
Represents the mortgage-backed securities having maturity period of 30 years.
40 Years Mortgage
Mortgage Backed Securities Having 40 Years Maturity Period [Member]
Mortgage Backed Securities Having 40 Years Maturity Period [Member]
Agency RMBS Interest Only Strips
Agency R M B S Interest Only Strips [Member]
Interest-only and inverse interest-only securities issued as part of or collateralized with agency residential real estate mortgage loans (RMBS).
Agency RMBS Interest-Only Strips accounted for as derivatives, included in MBS
Agency And Non Agency Interest Only Strips Accounted For As Derivatives [Member]
Interest-only and inverse interest-only securities issued as part of or collateralized with agency and non-agency mortgage backed securities (MBS), which are accounted for as derivatives with carrying value included in MBS on the balance sheet.
Agency CMBS Interest-Only Strips
Agency Commercial Mortgage Backed Securities Interest Only Strips [Member]
Interest-only securities issued collateralized by agency commercial real estate mortgage loans.
Agency CMBS Interest-Only Strips accounted for as derivatives, included in MBS
Agency Commercial Mortgage Backed Securities Interest Only Strips Accounted For As Derivatives [Member]
Interest-only and inverse interest-only securities issued as part of or collateralized with agency commercial mortgage backed securities (MBS), which are accounted for as derivatives with carrying value included in MBS on the balance sheet.
Agency MBS
Agency Mortgage Backed Securities [Member]
Securities collateralized by residential and commercial real estate mortgage loans, issued by US Government Sponsored Enterprises, such as Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac).
Non-Agency MBS
Non-Agency Mortgage-Backed Securities [Member]
Non-Agency Mortgage-Backed Securities [Member]
Non-Agency RMBS
Residential Mortgage Backed Securities Issued By Private Enterprises [Member]
Securities collateralized by residential real estate mortgage loans, issued by non-governmental sponsored enterprises.
Non-Agency RMBS Interest-Only Strips
Non Agency R M B S Interest Only Strips [Member]
Interest-only and inverse interest-only securities issued as part of or collateralized with Non-Agency residential real estate mortgage loans (RMBS).
Non-Agency CMBS
Commercial Mortgage Backed Securities Issued By Private Enterprises [Member]
Securities collateralized by commercial real estate mortgage loans, issued by non-governmental sponsored enterprises.
Subtotal Non-Agency MBS
Mortgage-backed Securities, Issued by Private Enterprises [Member]
Other securities
Other Securities [Member]
Other securities not separately disclosed.
Securitized debt
Securitized Debt [Member]
Collateralized debt obligations, including mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower.
Mortgage-backed securities and other securities
Collateralized Mortgage Backed Securities [Member]
Financing Receivable Portfolio Segment [Axis]
Financing Receivable Portfolio Segment [Axis]
Financing Receivable Portfolio Segment [Domain]
Financing Receivable Portfolio Segment [Domain]
Residential Whole-Loans
Residential Portfolio Segment [Member]
Residential Bridge Loans
Residential Bridge Loans [Member]
Residential Bridge Loans [Member]
Commercial Loans
Commercial Loan [Member]
Securitized commercial loan
Securitized Commercial Loan [Member]
Represents information pertaining to the securitized commercial loan.
Liability Class [Axis]
Liability Class [Axis]
Fair Value by Liability Class [Domain]
Fair Value by Liability Class [Domain]
Derivative Liability
Derivative Financial Instruments, Liabilities [Member]
Fair Value of Financial Instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative credit risk valuation adjustment, derivative assets
Derivative Credit Risk Valuation Adjustment, Derivative Assets
Assets
Assets, Fair Value Disclosure [Abstract]
Estimated Fair Value
Mortgage-backed Securities Available-for-sale, Fair Value Disclosure
Fair value
Loans Receivable, Fair Value Disclosure
Derivative assets
Derivative Asset
Total
Assets, Fair Value Disclosure
Liabilities
Liabilities, Fair Value Disclosure [Abstract]
Derivative liabilities
Derivative Liability
Securitized debt
Debt Instrument, Fair Value Disclosure
Total Liabilities
Financial and Nonfinancial Liabilities, Fair Value Disclosure
Investments measured at fair value on recurring basis for which the entity has utilized Level III inputs to determine fair value
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value
Beginning balance
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value
Transfers into Level III from Level II
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3
Transfers out level III into Level II
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3
Purchases
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases
Sales and settlements
Fair Value Measurement with Unobservable Inputs Reconciliation Recurring Basis Asset Sales and Settlements
Represents the amount of sales and settlements of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions that the market participants would use in pricing.
Principal repayments
Fair Value Measurement with Unobservable Inputs Reconciliation Recurring Basis Asset Principal Repayments
Represents the amount of principal repayments of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.
Realized gains/(losses), net
Fair Value Measurement with Unobservable Inputs Reconciliation Recurring Basis Asset Realized Gain (Loss) Included in Earnings
Amount of realized gain (loss) recognized in the income statement for financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.
Other than temporary impairment
Other than temporary impairment
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities
Unrealized gains/(losses), net
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss)
Unrealized gains (losses), net
Fair Value, Liabilities Measured on Recurring Basis, Change in Unrealized Gain (Loss)
Premium and discount amortization, net
Accretion (Amortization) of Discounts and Premiums, Investments
Ending balance
Ending balance
Unrealized gains/(losses), net on assets held at the end of the period
Unrealized gains/(losses), net on assets held at the end of the period
Debt Disclosure [Abstract]
Schedule of Repurchase Agreement Counterparty [Table]
Schedule of Repurchase Agreement Counterparty [Table]
Counterparty Name [Axis]
Counterparty Name [Axis]
Counterparty Name [Domain]
Counterparty Name [Domain]
Credit Suisse AG, Cayman Islands Branch
Credit Suisse Securities U S A L L C [Member]
Represents information pertaining to the counterparty named Credit Suisse Securities (USA) LLC.
Nomura Securities International, Inc.
Rbc Barbados Trading Bank Corporation [Member]
Represents information pertaining to the counterparty named RBC (Barbados) Trading Bank Corporation.
Amounts of collateral at risk under its repurchase agreements greater than 10% of the Company's equity with any counterparty
Repurchase Agreement Counterparty [Line Items]
Amount Collateral at Risk, at fair value
Repurchase Agreement Counterparty, Amount at Risk
Weighted Average Remaining Maturity
Repurchase Agreement Counterparty, Weighted Average Maturity of Agreements
Percentage of Stockholders' Equity (as a percent)
Repurchase Agreement Counterparty Percentage of Stockholder's Equity
Represents the amount outstanding under the repurchase agreement as a percentage of stockholders' equity with a specific counterparty.
Investments, Debt and Equity Securities [Abstract]
Debt Securities, Available-for-sale [Table]
Debt Securities, Available-for-sale [Table]
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale [Line Items]
Other than temporary impairment
Depreciation, Amortization and Accretion, Net [Abstract]
Depreciation, Amortization and Accretion, Net [Abstract]
Coupon Interest
Investment Income Interest Operating
Amount before accretion (amortization) of purchase discount (premium) of interest income on operating securities.
Net (Premium Amortization/Amortization Basis) Discount Amortization
Variable Interest Entities
No Definition Available.
Schedule of Variable Interest Entities [Table]
Schedule of Variable Interest Entities [Table]
Concentration Risk Type [Axis]
Concentration Risk Type [Axis]
Concentration Risk Type [Domain]
Concentration Risk Type [Domain]
Geographic Concentration Risk
Geographic Concentration Risk [Member]
Geographical [Axis]
Geographical [Axis]
Geographical [Domain]
Geographical [Domain]
California
CALIFORNIA
New York
NEW YORK
Georgia
GEORGIA
Massachusetts
MASSACHUSETTS
Florida
FLORIDA
Other
Other States [Member]
Represents all other states.
Washington
WASHINGTON
Texas
TEXAS
New Jersey
NEW JERSEY
Concentration Risk Benchmark [Axis]
Concentration Risk Benchmark [Axis]
Concentration Risk Benchmark [Domain]
Concentration Risk Benchmark [Domain]
Financing Receivables Total
Financing Receivables Total [Member]
Total financing receivables, when it serves as a benchmark in a concentration of risk calculation, representing the sum of all financing receivables as of the balance sheet date.
Variable Interest Entity [Line Items]
Variable Interest Entity [Line Items]
Concentration
Concentration Risk, Percentage
Principal balance
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Face Amount of Mortgages
Residential Bridge Loans, at Fair Value
Residential Bridge Loans, At Fair Value [Member]
Residential Bridge Loans, At Fair Value [Member]
Residential Bridge Loans, at Amortized Cost
Residential Bridge Loans, At Amortized Cost [Member]
Residential Bridge Loans, At Amortized Cost [Member]
Unamortized premium
Financing Receivables Unamortized Premium
Represents the unamortized premium on financing receivables.
Unamortized discount
Financing Receivables Unamortized Discount
Represents the accretable discount on financing receivables.
Amortized cost
Financing Receivable Amortized Cost
Financing Receivable Amortized Cost
Gross unrealized gains
Financing Receivables Gross Unrealized Gain Accumulated In Investments
Amount of accumulated unrealized gain before deducting unrealized loss on investments in financing receivables impacting investments.
Gross unrealized losses
Financing Receivables Gross Unrealized Loss Accumulated In Investments
Amount of accumulated unrealized loss before deducting unrealized gain on investments in financing receivables impacting investments.
Fair value
Commitments and Contingencies Disclosure [Abstract]
Contingencies
Commitments and Contingencies Disclosure [Text Block]
Schedule of Short-term Debt [Table]
Schedule of Short-term Debt [Table]
Related Party [Axis]
Related Party [Axis]
Related Party [Domain]
Related Party [Domain]
Affiliated Entity
Affiliated Entity [Member]
Third Party
Third Party [Member]
Third Party [Member]
Short-term Debt, Type [Axis]
Short-term Debt, Type [Axis]
Short-term Debt, Type [Domain]
Short-term Debt, Type [Domain]
Repurchase agreements
Securities Sold under Agreements to Repurchase [Member]
Variable Interest Entities [Axis]
Variable Interest Entities [Axis]
Variable Interest Entity, Classification [Domain]
Variable Interest Entity, Classification [Domain]
CMSC Trust
Cmsc Trust [Member]
Represents CMSC Trust 2015 - Longhouse MZ ("CMSC Trust"), a VIE of the entity.
VIE
Variable Interest Entity, Primary Beneficiary [Member]
RETL Trust
RETL Trust [Member]
RETL Trust [Member]
Agency and Non-Agency CMBS
Commercial Mortgage Backed Securities [Member]
Whole-Loans and securitized commercial loan
Whole Loans And Securitized Commercial Loan [Member]
Represents whole loans and securitized commercial loan owned through trust certificates are pledged as collateral. The trust certificates are eliminated upon consolidation.
Borrowings Under Repurchase Agreements
Short-term Debt [Line Items]
Commercial Pass-Through Certificates, Amount
Commercial Pass-Through Certificates, Amount
Commercial Pass-Through Certificates, Amount
Trust certificates issued
Trust Certificates Issued Amount
Amount issued for trust certificates.
Trust certificates, at fair value
Trust Certificates, At Fair Value
Trust Certificates, At Fair Value
Number of counterparties to master repurchase agreement
Number of Counterparties to Master Repurchase Agreement
Represents the total number of counterparties to master repurchase agreement of the entity.
Number of counterparties from whom the Company had borrowings
Number of Counterparties from whom Entity Borrowed under Repurchase Agreement
Represents the number of counterparties to repurchase agreement from whom the entity borrowed the funds.
Certain characteristics of the Company's repurchase agreements
Short-term Debt, Other Disclosures [Abstract]
Borrowings under repurchase agreements
Securities Sold under Agreements to Repurchase
Repurchase agreements borrowings
Securities Sold Under Agreements To Repurchase Before Amortization of Debt Issuance Costs
Amount, after the effects of master netting arrangements, of funds outstanding borrowed in the form of a security repurchase agreement between the entity and another party for the sale and repurchase of identical or substantially the same securities at a date certain for a specified price. Includes liabilities not subject to a master netting arrangement and not elected to be offset. Includes unamortized debt issuance costs.
Weighted Average Interest Rate on Borrowings Outstanding at end of period (as a percent)
Short-term Debt, Weighted Average Interest Rate, at Point in Time
Weighted Average Remaining Maturity (days)
Debt Instrument, Weighted Average Remaining Maturity Period
Represents the weighted average remaining term of debt instrument.
Debt Instrument, Interest Rate, Effective Percentage
Debt Instrument, Interest Rate, Effective Percentage
Amount acquired, eliminated in consolidation
Variable Interest Entity, Amount Acquired
Amount acquired as interest in a consolidated Variable Interest Entity, which is eliminated in consolidation.
Securitized debt, at fair value
Secured Debt
Fair Value
Debt Securities, Available-for-sale, Unrealized Loss Position [Abstract]
Fair value, less than 12 months
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value
Fair value, 12 months or longer
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value
Fair value
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value
Fair value, less than 12 Months
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months
Fair value, 12 months or longer
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer
Fair Value
Debt Securities, Available-for-sale, Unrealized Loss Position
Unrealized Losses
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss [Abstract]
Unrealized loss position, less than 12 Months, accumulated loss
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss
Unrealized loss position, 12 months or longer, accumulated loss
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss
Unrealized Losses
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss
Unrealized loss position, less than 12 Months, accumulated loss
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss
12 Months or Longer, Accumulated Loss
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss
Unrealized Losses
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss
Number of Securities
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Number of Positions [Abstract]
Number of positions, less than one year
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year
Number of positions, greater than or equal to one year
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year
Number of Securities
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions
Number of positions, less than 12 Months
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions
Number of positions, 12 months or longer
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions
Number of Securities
Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]
Schedule IV - Mortgage Loans on Real Estate
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Text Block]
Offsetting [Abstract]
Offsetting Assets and Liabilities
Offsetting Assets and Liabilities [Text Block]
The entire disclosure of derivative and other financial assets and liabilities that are subject to offsetting, including master netting arrangements.
Agency RMBS
Agency Residential Mortgage Backed Securities [Member]
Agency Residential Mortgage Backed Securities [Member]
Subtotal Non-Agency Residential Mortgage Backed Securities Issued By Private Enterprises [Member]
Subtotal Non-Agency Residential Mortgage Backed Securities Issued By Private Enterprises [Member]
Subtotal Non-Agency Residential Mortgage Backed Securities Issued By Private Enterprises [Member]
Residual interests in asset-backed securities
Residual Interests In Asset Backed Securities As Other Securities [Member]
Residual interests in asset-backed securities included in other securities.
Principal Balance
Investment Owned, Balance, Principal Amount
Unamortized Premium (Discount), net
Available For Sale Securities, Unamortized Premium and Discount
Represents the unamortized premium (discount) on available for sale securities.
Discount Designated as Credit Reserve and OTTI
Available for Sale Securities Discount Designated as Credit Reserve and OTTI
Represents the discount designated as credit reserve and other than temporary impairment (OTTI) on available-for-sale securities. The discount is not accretable.
Amortized Cost
Available-for-sale Securities, Amortized Cost Basis
Amortized Cost
Debt Securities, Available-for-sale, Amortized Cost
Unrealized Gain
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax
Unrealized Gain
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax
Unrealized Loss
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax
Unrealized Loss
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax
Net Weighted Average Coupon (as a percent)
Available For Sale Securities, Net Weighted Average Coupon Rate
Represents the calculation as of the balance sheet date of the weighted average coupon rate, net of servicing and other fees on available for sale securities.
Notional balance
Notional Balance Other Than Principal Balance
Aggregate notional amount specified by the security. Expressed as an absolute value.
Weighted average expected remaining term to the expected maturity of investment portfolio
Weighted Average Remaining Maturity of Investment Portfolio
Represents the weighted average expected remaining term to maturity of the investment portfolio.
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Trading Activities, Gain and Losses, by Type, by Income Statement Location [Table]
Trading Activities, Gain and Losses, by Type, by Income Statement Location [Table]
Trading Activity [Axis]
Trading Activity [Axis]
Trading Activity, by Type [Domain]
Trading Activity, by Type [Domain]
Variable Pay Rate
Variable Income Interest Rate [Member]
Fixed Pay Rate
Fixed Income Interest Rate [Member]
Derivative Instrument [Axis]
Derivative Instrument [Axis]
Derivative Contract [Domain]
Derivative Contract [Domain]
Interest rate swaps
Interest Rate Swap [Member]
Interest rate swaption
Interest Rate Swaption [Member]
Foreign currency forwards
Foreign Exchange Forward [Member]
Foreign currency swaps
Currency Swap [Member]
Derivative instruments
Trading Activity, Gains and Losses, Net [Line Items]
Schedule of interest rate swaps, interest rate swaptions, currency swaps and forwards, futures contracts and TBA derivative instruments, options and linked transactions
Schedule of Derivative Instruments [Table Text Block]
Summary of the effect of interest rate swaps, swaptions, foreign currency swaps, foreign currency forwards, options, futures contracts, Agency and Non-Agency Interest-Only Strips as derivatives and TBAs reported in Gain (loss) on derivative instruments, net on the Statements of Operations
Derivative Instruments, Gain (Loss) [Table Text Block]
Summary of interest rate swaps or interest rate swaptions
Schedule of Interest Rate Derivatives [Table Text Block]
Summary of long and short TBA positions reported in Derivative assets, at fair value on the Balance Sheets
Schedule of to be Announced Securities [Table Text Block]
Tabular disclosure of to-be-announced securities with long and short positions.
Schedule of additional information about the contracts to purchase and sell TBAs
Schedule of Additional Information about to be Announced Securities [Table Text Block]
Tabular disclosure of additional information about to-be-announced securities with long and short positions.
Noncontrolling Interest [Abstract]
RSBC Trust
RSBC Trust [Member]
RSBC Trust [Member]
Commercial Mezzanine Loan
Commercial Mezzanine Loan [Member]
Commercial Mezzanine Loan [Member]
Loans receivable, gross, commercial, mortgage
Loans Receivable, Gross, Commercial, Mortgage
Financing Receivables Unamortized Discount
Stockholders' Equity [Table]
Stockholders' Equity [Table]
Schedule detailing information related to shareholders' equity.
Subsequent Event Type [Axis]
Subsequent Event Type [Axis]
Subsequent Event Type [Domain]
Subsequent Event Type [Domain]
Subsequent Event
Subsequent Event [Member]
Sale of Stock [Axis]
Sale of Stock [Axis]
Sale of Stock [Domain]
Sale of Stock [Domain]
Secondary Offering [Member]
Secondary Offering [Member]
Secondary Offering [Member]
Equity Components [Axis]
Equity Components [Axis]
Equity Component [Domain]
Equity Component [Domain]
Common Stock
Common Stock [Member]
Class of Stock [Axis]
Class of Stock [Axis]
Class of Stock [Domain]
Class of Stock [Domain]
Institutional investors
Investor [Member]
Shareholders equity
Stockholder's Equity [Line Items]
Number of warrant units authorized to be sold
Number of Shares or Units Authorized for Sale
Represents the authorized number of warrant units offered per agreement as defined.
Number of shares of common stock for each warrant unit
Class of Warrant or Right Number of Common Shares for Each Unit
Represents the number of shares of common stock included in each unit.
Number of common shares that can be acquired upon exercise of each warrant unit
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right
Exercise price of outstanding warrants (in dollars per share)
Class of Warrant or Right, Exercise Price of Warrants or Rights
Number of warrant shares purchasable (in shares)
Class of Warrant or Right, Number of Securities Called by Warrants or Rights
Equity distribution agreement, maximum value
Equity Offering Amount Maximum
Equity Offering Amount Maximum
Sale of stock, number of shares issued in transaction
Sale of Stock, Number of Shares Issued in Transaction
Treasury stock reissued
Stock Issued During Period, Shares, Treasury Stock Reissued
Shares authorized to be repurchased
Stock Repurchase Program, Number of Shares Authorized to be Repurchased
Sale of stock, price per share (in dollars per share)
Sale of Stock, Price Per Share
Proceeds from issuance of common stock
Proceeds from Issuance of Common Stock
Payments of stock issuance costs
Payments of Stock Issuance Costs
Treasury stock (in shares)
Stock Repurchased During Period, Shares
Dividends declared per Share of Common Stock (in dollars per share)
Common Stock, Dividends, Per Share, Declared
Dividends paid per Share of Common Stock (in dollars per share)
Common Stock, Dividends, Per Share, Cash Paid
Statement of Stockholders' Equity [Abstract]
Statement [Table]
Statement [Table]
Common Stock Outstanding
Additional Paid-In Capital
Additional Paid-in Capital [Member]
Retained Earnings (Accumulated) Deficit
Retained Earnings [Member]
Treasury Stock
Treasury Stock [Member]
Statement [Line Items]
Statement [Line Items]
Increase (Decrease) in Stockholders' Equity
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance
Stockholders' Equity Attributable to Parent
Balance (in shares)
Common Stock, Shares, Issued
Vesting of restricted stock
Adjustments to Additional Paid in Capital, Share-based Compensation, Restricted Stock Unit or Restricted Stock Award, Requisite Service Period Recognition
Net income (loss)
Dividends on common stock
Dividends, Common Stock
Equity component of convertible senior unsecured notes
Adjustments to Additional Paid in Capital, Equity Component of Convertible Debt
Treasury stock (in shares)
Treasury Stock
Stock Repurchased During Period, Value
Proceeds from public offerings of common stock
Stock Issued During Period, Value, New Issues
Proceeds from public offerings of common stock (in shares)
Stock Issued During Period, Shares, New Issues
Offering costs, public offerings of common stock
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs
Balance
Balance (in shares)
Schedule of the entity's financial instruments carried at fair value based upon the balance sheet by the valuation hierarchy
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]
Summary of quantitative information about the significant unobservable inputs used in the fair value measurement of financial instruments
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
Schedule of additional information about the entity's financial instruments, which are measured at fair value on a recurring basis for which the entity has utilized Level III inputs to determine fair value
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
Schedule of Other Fair Value Disclosures
Fair Value, by Balance Sheet Grouping [Table Text Block]
Summary of certain information about the Company's investment portfolio
Debt Securities, Available-for-sale [Table Text Block]
Schedule of changes in the components of purchase discount and amortizable premium on Non-Agency RMBS, Non-Agency CMBS and other securities
Schedule of Available for Sale Securities Purchase Discount and Amortizable Premium [Table Text Block]
Tabular disclosure of purchase discount and amortizable premium on securities designated as available for sale and which includes a roll forward schedule.
Schedule of the fair value and contractual maturities of the Company's investment securities
Investments Classified by Contractual Maturity Date [Table Text Block]
Schedule of gross unrealized losses and estimated fair value of the Company's MBS and other securities by length of time that such securities have been in a continuous unrealized loss position
Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value [Table Text Block]
Schedule of other-than-temporary impairments the Company recorded on its securities portfolio
Schedule of Other Than Temporary Impairment Losses, Investments [Table Text Block]
Tabular disclosure of investments with other-than-temporary impairments recognized in earnings.
Summary of the components of interest income on the Company's MBS and other securities
Investment Income [Table Text Block]
Schedule of sales and realized gains (loss) of the Company's MBS and other securities
Realized Gain (Loss) on Investments [Table Text Block]
Income Tax Disclosure [Abstract]
Income Taxes
Income Tax Disclosure [Text Block]
Document and Entity Information
Entity Registrant Name
Entity Registrant Name
Entity Central Index Key
Entity Central Index Key
Document Type
Document Type
Document Period End Date
Document Period End Date
Amendment Flag
Amendment Flag
Current Fiscal Year End Date
Current Fiscal Year End Date
Entity Well-known Seasoned Issuer
Entity Well-known Seasoned Issuer
Entity Voluntary Filers
Entity Voluntary Filers
Entity Current Reporting Status
Entity Current Reporting Status
Entity Emerging Growth Company
Entity Emerging Growth Company
Entity Small Business
Entity Small Business
Entity Shell Company
Entity Shell Company
Entity Filer Category
Entity Filer Category
Entity Public Float
Entity Public Float
Entity Common Stock, Shares Outstanding
Entity Common Stock, Shares Outstanding
Document Fiscal Year Focus
Document Fiscal Year Focus
Document Fiscal Period Focus
Document Fiscal Period Focus
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Loan Type [Axis]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Loan Type [Axis]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Loan Type [Domain]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Loan Type [Domain]
Non-Qualifying Adjustable Rate Mortgage [Member]
Non-Qualifying Adjustable Rate Mortgage [Member]
Non-Qualifying Adjustable Rate Mortgage [Member]
Fixed Rate Residential Mortgage Loan Held in Securitization Trusts
Fixed Rate Residential Mortgage [Member]
Investor Fixed Rate Mortgage [Member]
Investor Fixed Rate Mortgage [Member]
Investor Fixed Rate Mortgage [Member]
Range [Axis]
Range [Axis]
Range [Domain]
Range [Domain]
Maximum
Maximum [Member]
Minimum
Minimum [Member]
Residential Portfolio Segment Current Coupon Rate One
Residential Portfolio Segment Current Coupon Rate One [Member]
Represents portfolio segment of the company's total financing receivables related to residential financing receivables with current coupon interest range one.
Residential Portfolio Segment Current Coupon Rate Two
Residential Portfolio Segment Current Coupon Rate Two [Member]
Represents portfolio segment of the company's total financing receivables related to residential financing receivables with current coupon interest range two.
Residential Portfolio Segment Current Coupon Rate Three
Residential Portfolio Segment Current Coupon Rate Three [Member]
Represents portfolio segment of the company's total financing receivables related to residential financing receivables with current coupon interest range three.
Residential Portfolio Segment Current Coupon Rate Four
Residential Portfolio Segment Current Coupon Rate Four [Member]
Represents portfolio segment of the company's total financing receivables related to residential financing receivables with current coupon interest range four.
Residential Portfolio Segment Current Coupon Rate Five [Member]
Residential Portfolio Segment Current Coupon Rate Five [Member]
Residential Portfolio Segment Current Coupon Rate Five [Member]
Residential Bridge Loan Current Coupon Rate One
Residential Bridge Loan Current Coupon Rate One [Member]
Residential Bridge Loan Current Coupon Rate One [Member]
Residential Bridge Loan Current Coupon Rate Two
Residential Bridge Loan Current Coupon Rate Two [Member]
Residential Bridge Loan Current Coupon Rate Two [Member]
Residential Bridge Loan Current Coupon Rate Three
Residential Bridge Loan Current Coupon Rate Three [Member]
Residential Bridge Loan Current Coupon Rate Three [Member]
Residential Bridge Loan Current Coupon Rate Four
Residential Bridge Loan Current Coupon Rate Four [Member]
Residential Bridge Loan Current Coupon Rate Four [Member]
Residential Bridge Loan Current Coupon Rate Five
Residential Bridge Loan Current Coupon Rate Five [Member]
Residential Bridge Loan Current Coupon Rate Five [Member]
Residential Bridge Loan Current Coupon Rate Six
Residential Bridge Loan Current Coupon Rate Six [Member]
Residential Bridge Loan Current Coupon Rate Six [Member]
Residential Bridge Loan Current Coupon Rate Seven
Residential Bridge Loan Current Coupon Rate Seven [Member]
Residential Bridge Loan Current Coupon Rate Seven [Member]
Residential Bridge Loan Current Coupon Rate Nine [Member]
Residential Bridge Loan Current Coupon Rate Nine [Member]
Residential Bridge Loan Current Coupon Rate Nine [Member]
Residential Bridge Loan Current Coupon Rate Ten [Member]
Residential Bridge Loan Current Coupon Rate Ten [Member]
Residential Bridge Loan Current Coupon Rate Ten [Member]
Residential Bridge Loan Current Coupon Rate Eight
Residential Bridge Loan Current Coupon Rate Eight [Member]
Residential Bridge Loan Current Coupon Rate Eight [Member]
Residential Portfolio Segment With No Fico Score
Residential Portfolio Segment With No Fico Score [Member]
Portfolio segment of the company's total financing receivables related to residential financing receivables with no original FICO score available.
Number of Loans
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Number of Loans
Original LTV
Mortgage Loans On Real Estate Weighted Average Loan To Value
Represents the percentage of weighted average mortgage loans on real estate to the value.
Original FICO Score
Mortgage Loans On Real Estate Weighted Average F ico Score
Represents the weighted average FICO score on mortgage loans on real estate.
Expected Life (in years)
Mortgage Loans On Real Estate Weighted Average Life To Maturity
Represents the weighted average life to maturity on mortgage loans on real estate.
Contractual maturity (in years)
Mortgage Loans on Real Estate, Contractual Maturity
Contractual maturity for mortgage loan receivable on real estate.
Interest Rate
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Interest Rate
Schedule of Long-term Debt Instruments [Table]
Schedule of Long-term Debt Instruments [Table]
Long-term Debt, Type [Axis]
Long-term Debt, Type [Axis]
Long-term Debt, Type [Domain]
Long-term Debt, Type [Domain]
Convertible Debt
Convertible Debt [Member]
Debt Instrument [Axis]
Debt Instrument [Axis]
Debt Instrument, Name [Domain]
Debt Instrument, Name [Domain]
6.75% Convertible Senior Unsecured Notes
Three Point Seventy Five Percent Convertible Senior Unsecured Notes [Member]
Three Point Seventy Five Percent Convertible Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Debt Instrument [Line Items]
Aggregate principal amount of 6.75% convertible senior unsecured notes
Debt Instrument, Face Amount
Interest rate, stated percentage
Debt Instrument, Interest Rate, Stated Percentage
Convertible notes, carrying amount of equity component
Debt Instrument, Convertible, Underwriter Overallotment, Amount
Debt Instrument, Convertible, Underwriter Overallotment, Amount
Proceeds from issuance of long-term debt
Proceeds from Issuance of Long-term Debt
Convertible senior unsecured notes, earliest redemption period by company
Debt Instrument, Convertible, Earliest Redemption Period By Company
Debt Instrument, Convertible, Earliest Redemption Period By Company
Redemption price, percentage
Debt Instrument, Redemption Price, Percentage
Convertible senior unsecured notes, conversion ratio
Debt Instrument, Convertible, Conversion Ratio
Convertible senior unsecured notes, conversion price (in dollars per share)
Debt Instrument, Convertible, Conversion Price
Residential Whole Loans and Bridge Loans
Variable Interest Entity Disclosure [Text Block]
Non-Agency RMBS and Non-Agency CMBS and other securities
Residential Mortgage Backed Securities And Commercial Mortgage Backed Securities Issued By Private Enterprises [Member]
Securities collateralized by residential and commercial real estate mortgage loans, issued by non-governmental sponsored enterprises.
Discount Designated as Credit Reserve and OTTI
Available for Sale Securities Discount Designated as Credit Reserve and OTTI [Roll Forward]
Balance at beginning of period
Realized credit losses
Available For Sale Securities, Discount Designated as Credit Reserve and OTTI Realized Credit Loss
Realized credit losses on investments in debt securities classified as available for sale.
Purchases
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Additions, No Previous Impairment
Sales
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Reductions, Securities Sold
Other than temporary impairment
Transfers/release of credit reserve
Available for Sale Securities Discount Designated as Credit Reserve and OTTI Transfer or Release of Credit Reserve
Represents the amount of transfer or release of credit reserve related to available for sale securities adjusted against discount designated as credit reserve and other than temporary impairment (OTTI).
Balance at end of period
Accretable Discount
Available for Sale Securities Accretable Discount [Roll Forward]
Balance at beginning of period
Available for Sale Securities Accretable Discount
Represents the amount of accretable discount on available for sale securities.
Accretion of discount
Available for Sale Securities Accretion of Discount
The sum of the periodic adjustments of the differences between securities' face values and purchase prices that are charged against earnings. This is called accretion if the security was purchased at a discount.
Purchases
Available for Sale Securities Unamortized Discount Additions Securities Purchased
This item represents an increase to the cumulative amount of accretable discount on available for sale securities due to securities purchased.
Sales
Available for Sale Securities Unamortized Discount Reductions Securities Sold
This item represents a decrease to the cumulative amount of accretable discount on available for sale securities due to securities sold.
Transfers/release of credit reserve
Available for Sale Securities Accretable Discount Transfer or Release of Credit Reserve
Represents the amount of transfer or release of credit reserve related to available for sale securities adjusted to accretable discount on available for sale securities.
Balance at end of period
Amortizable Premium
Available for Sale Securities Unamortized Premium [Roll Forward]
Beginning balance
Available for Sale Securities, Unamortized Premium
Represents the unamortized premium on available for sale securities.
Amortization of premium
Available for Sale Securities Amortization of Premiums
The sum of the periodic adjustments of the differences between securities' face values and purchase prices that are charged against earnings. This is called amortization if security was purchased at a premium.
Purchases
Available for Sale Securities Unamortized Premium Additions Securities Purchased
This item represents an increase to the cumulative amount of amortizable premium on available for sale securities due to securities purchased.
Sales
Available for Sale Securities Unamortized Premium Reductions Securities Sold
This item represents a decrease to the cumulative amount of amortizable premium on available for sale securities due to securities sold.
Transfers/release of credit reserve
Available for Sale Securities Unamortized Premium Transfer or Release of Credit Reserve
Represents the amount of transfer or release of credit reserve related to available for sale securities adjusted to amortizable premium on available for sale securities.
Ending balance
Derivative [Table]
Derivative [Table]
Forward starting interest rate swap
Forward Starting Interest Rate Swap [Member]
Represents forward starting interest rate swaps.
Hedging Designation [Axis]
Hedging Designation [Axis]
Hedging Designation [Domain]
Hedging Designation [Domain]
Derivative instruments not accounted as hedges under GAAP
Not Designated as Hedging Instrument [Member]
Derivative Contract Term [Axis]
Derivative Contract Term [Axis]
Information pertaining to derivative contract term.
Derivative Contract Term [Domain]
Derivative Contract Term [Domain]
Represents the term to maturity of derivative instrument.
1 Year or Less
One Year Or Less [Member]
Represents the term to maturity of derivative instruments one year or less.
Greater than 1 Year and less than 3 years
Greater Than One Year And Less Than Three Years [Member]
Represents the term to maturity of derivative instrument between one year to three years.
Greater than 3 years and less than 5 years
Greater Than Three Years And Less Than Five Years [Member]
Represents the term to maturity of derivative instrument between three years to five years.
Greater than 5 years
Greater Than Five Years [Member]
Represents the term to maturity of derivative instruments greater than five years.
Currency swaps and forwards
Derivative [Line Items]
Notional Amount
Derivative, Notional Amount
Average Fixed Pay Rate
Derivative, Average Fixed Interest Rate
Average Floating Receive Rate
Derivative, Average Variable Interest Rate
Average Maturity (Years)
Derivative, Average Remaining Maturity
Forward starting (as a percent)
Derivative Instrument Forward Starting Swaps Percentage
Represents the percentage of derivative instruments that are forward starting swaps as of the balance sheet date.
Fair Value—Asset (Liability), net
Derivative, Fair Value, Net
Derivative instrument, weighted average forward starting date
Derivative Instrument, Weighted Average Forward Starting Date
Derivative Instrument, Weighted Average Forward Starting Date
Schedule of presentation of selected unaudited results of operations
Quarterly Financial Information [Table Text Block]
Financial Instruments Owned and Pledged as Collateral [Table]
Financial Instruments Owned and Pledged as Collateral [Table]
Cash
Cash [Member]
Collateral Positions
Financial Instruments Owned and Pledged as Collateral [Line Items]
Amount of secured collateral
Securities Sold under Agreements to Repurchase, Fair Value of Collateral
Accrued interest
Accrued Interest on Pledged Assets
Represents the accrued interest on pledged asset.
Pledged Assets Including Accrued Interest
Pledged Assets Including Accrued Interest
Represents the fair value of assets pledged and accrued interest.
Assets Pledged- Fair Value
Financial Instruments, Owned and Pledged as Collateral, at Fair Value
Due from counterparties
Securities Loaned, Collateral, Right to Reclaim Cash
Due to counterparties
Securities Purchased under Agreements to Resell, Collateral, Obligation to Return Cash
Securities received as collateral
Securities Purchased under Agreements to Resell, Fair Value of Collateral
Stockholders' Equity
Stockholders' Equity Note Disclosure [Text Block]
Schedule of Components of Income Tax Expense (Benefit)
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
Schedule of Deferred Tax Assets and Liabilities
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
Summary of Operating Loss Carryforwards
Summary of Operating Loss Carryforwards [Table Text Block]
Schedule of Effective Income Tax Rate Reconciliation
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
Current Tax Provision (Benefit)
Current Federal, State and Local, Tax Expense (Benefit) [Abstract]
Federal
Current Federal Tax Expense (Benefit)
State
Current State and Local Tax Expense (Benefit)
Interest and Penalties
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense
Total Current Provision for Income Taxes, net
Current Income Tax Expense (Benefit)
Deferred Provision (Benefit) for Income Taxes
Deferred Federal, State and Local, Tax Expense (Benefit) [Abstract]
Federal
Deferred Federal Income Tax Expense (Benefit)
State
Deferred State and Local Income Tax Expense (Benefit)
Total Deferred Benefit for Income Taxes, net
Deferred Income Tax Expense (Benefit)
Income Tax Expense (Benefit)
Income Statement [Abstract]
Securitized debt interest expense held by affiliate
Securitized Debt Interest Expense Held By Affiliate
Securitized Debt Interest Expense Held By Affiliate
Schedule of gross and net information about the Company's assets and liabilities subject to master netting arrangements
Offsetting Assets [Table Text Block]
Position [Axis]
Position [Axis]
Position [Domain]
Position [Domain]
Long
Long [Member]
Short
Short [Member]
Equity Option
Equity Option [Member]
Us Treasury Futures
Us Treasury Futures [Member]
U.S. Treasury futures.
Derivative [Line Items]
Notional amount, assets
Derivative Asset, Notional Amount
Notional amount, liabilities
Derivative Liability, Notional Amount
Derivative liability, at fair value
Total derivative instruments
Current income tax expense (benefit)
Excise tax expense
Excise and Sales Taxes
Income Tax Contingency [Table]
Income Tax Contingency [Table]
Valuation Allowance by Deferred Tax Asset [Axis]
Valuation Allowance by Deferred Tax Asset [Axis]
Deferred Tax Asset [Domain]
Deferred Tax Asset [Domain]
Operating Loss Carryforwards [Member]
Operating Loss Carryforwards [Member]
Operating Loss Carryforwards [Member]
Consolidated Entities [Axis]
Consolidated Entities [Axis]
Consolidated Entities [Domain]
Consolidated Entities [Domain]
Taxable REIT Subsidiary [Member]
Taxable REIT Subsidiary [Member]
Taxable REIT Subsidiary [Member]
Income Tax Authority [Axis]
Income Tax Authority [Axis]
Income Tax Authority [Domain]
Income Tax Authority [Domain]
State and Local Jurisdiction [Member]
State and Local Jurisdiction [Member]
Domestic Tax Authority [Member]
Domestic Tax Authority [Member]
Tax Period [Axis]
Tax Period [Axis]
Tax Period [Domain]
Tax Period [Domain]
Tax Year 2015 [Member]
Tax Year 2015 [Member]
Income Tax Contingency [Line Items]
Income Tax Contingency [Line Items]
Net capital loss carry-forward
Deferred Tax Assets, Capital Loss Carryforwards
Net operating loss available for carry-back and carry-forward
Deferred Tax Assets, Operating Loss Carryforwards
Deferred Tax Assets, Valuation Allowance
Deferred Tax Assets, Valuation Allowance
Net deferred tax liability
Deferred Tax Liabilities, Net
Related Party Transactions [Abstract]
Schedule of Related Party Transactions, by Related Party [Table]
Schedule of Related Party Transactions, by Related Party [Table]
Western Asset Management Company
Western Asset Management Company [Member]
Represents Western Asset Management Company, an investment advisor registered with the U.S. Securities and Exchange Commission, or the SEC, and a wholly-owned subsidiary of Legg Mason, Inc., or Legg Mason (NYSE: LM).
Related Party Transactions
Related Party Transaction [Line Items]
Management fees (as a percent)
Related Party Transaction, Management Fee Percentage
Represents the percentage of the entity's stockholders' equity which is payable to the related party by the entity as a management fee.
Renewal term of management agreement
Related Party Transaction, Renewal Term of Management Agreement
Represents the term of the renewal period under the management agreement.
Proportion of affirmative votes by the entity's independent directors to terminate the Management Agreement (as a percent)
Related Party Transaction, Affirmative Votes Required to Terminate Management Agreement Following Initial Term
Represents the proportion of affirmative votes required by the entity's independent directors to terminate the management agreement following initial term.
Proportion of votes required by the entity's independent directors for acceptance of reduction in management fees (as a percent)
Related Party Transaction, Affirmative Votes Required for Accepting Reduction in Management Fees
Represents the proportion of affirmative votes required by the entity's independent directors for acceptance of reduction in management fees.
Notice period to terminate the Management Agreement following initial term
Related Party Transaction, Notice Period to Terminate Management Agreement Following Initial Term
Represents the notice period required to be given by the entity to terminate the management agreement following initial term.
Prior period over which management fees were incurred used to calculate the termination fee under the Management Agreement
Related Party Transaction, Prior Period of Incurred Management Fees Used to Calculate Termination Fee of Management Agreement
Represents the prior period over which management fees were incurred used to calculate the termination fee under the management agreement.
Notice period to terminate the Management Agreement for cause
Related Party Transaction, Notice Period to Terminate Management Agreement for Cause
Represents the notice period required to be given by the entity to terminate the management agreement for cause.
Management fees
Reimbursable employee costs
Related Party Transaction Employee Benefit Costs Advanced
Represents the amount of employee benefit costs that were advanced by during the period and reimbursable to the related party.
Management fees incurred but not yet paid
Management Fees Due to Related Party
Represents the amount of management fees, which was included in payable to related party as of the balance sheet date.
Accounts payable, related parties
Accounts Payable, Related Parties
Share-based Compensation [Abstract]
Share-Based Payments
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
Secured Debt [Member]
Secured Debt [Member]
Class A
Commercial Mortgage Pass-Through Certificate, Class A [Member]
Commercial Mortgage Pass-Through Certificate, Class A [Member]
Class B
Commercial Mortgage Pass-Through Certificate, Class B [Member]
Commercial Mortgage Pass-Through Certificate, Class B [Member]
Class C
Commercial Mortgage Pass-Through Certificate, Class C [Member]
Commercial Mortgage Pass-Through Certificate, Class C [Member]
Class D
Commercial Mortgage Pass-Through Certificate, Class D [Member]
Commercial Mortgage Pass-Through Certificate, Class D [Member]
Class E
Commercial Mortgage Pass-Through Certificate, Class E [Member]
Commercial Mortgage Pass-Through Certificate, Class E [Member]
Class F
Commercial Mortgage Pass-Through Certificate, Class F [Member]
Commercial Mortgage Pass-Through Certificate, Class F [Member]
Class G
Commercial Mortgage Pass-Through Certificate, Class G [Member]
Commercial Mortgage Pass-Through Certificate, Class G [Member]
Class HRR
Commercial Mortgage Pass-Through Certificate, Class HRR [Member]
Commercial Mortgage Pass-Through Certificate, Class HRR [Member]
Class X-CP
Commercial Mortgage Pass-Through Certificate, Class X-CP [Member]
Commercial Mortgage Pass-Through Certificate, Class X-CP [Member]
Class X-EXT
Commercial Mortgage Pass-Through Certificate, Class X-EXT [Member]
Commercial Mortgage Pass-Through Certificate, Class X-EXT [Member]
Principal Balance
Long-term Debt, Gross
Coupon
Debt Instrument, Premium, Coupon Rate
Debt Instrument, Premium, Coupon Rate
Fair Value
Long-term Debt
Notional amount of nonderivative instruments
Notional Amount of Nonderivative Instruments
Derivative Instruments
Derivative Instruments and Hedging Activities Disclosure [Text Block]
Accounting Policies [Abstract]
Basis of Presentation and Consolidation
Basis of Accounting, Policy [Policy Text Block]
Variable Interest Entity
Consolidation, Variable Interest Entity, Policy [Policy Text Block]
Use of Estimates
Use of Estimates, Policy [Policy Text Block]
Earnings (Loss) per share
Earnings Per Share, Policy [Policy Text Block]
Offering Costs
Offering Costs [Policy Text Block]
Represents the accounting policies related to offering costs.
Cash and Cash Equivalents
Cash and Cash Equivalents, Unrestricted Cash and Cash Equivalents, Policy [Policy Text Block]
Valuation of financial instruments
Fair Value of Financial Instruments, Policy [Policy Text Block]
Mortgage-Backed Securities and Other Securities
Investment, Policy [Policy Text Block]
Residential Whole-Loans / Residential Bridge Loans
Finance, Loans and Leases Receivable, Policy [Policy Text Block]
Interest income recognition
Revenue Recognition, Interest [Policy Text Block]
Purchases and Sales of Investments
Marketable Securities, Policy [Policy Text Block]
Foreign Currency Transactions
Foreign Currency Transactions and Translations Policy [Policy Text Block]
Due From Counterparties/Due To Counterparties
Due from and Due to Counterparties [Policy Text Block]
Disclosure of accounting policy for due from and due to counterparties. Due from counterparties represents cash posted with counterparties and due to counterparties represents cash posted with the entity by its counterparties as collateral under derivative agreements.
Derivatives and Hedging Activities
Derivatives, Policy [Policy Text Block]
Repurchase Agreements and Reverse Repurchase Agreements
Repurchase Agreements, Collateral, Policy [Policy Text Block]
Securitized Debt
Debt, Policy [Policy Text Block]
Share-based compensation
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]
Warrants
Warrants [Policy Text Block]
Describes the entity's accounting policy for warrants.
Income taxes
Income Tax, Policy [Policy Text Block]
Comprehensive Income (Loss)
Comprehensive Income, Policy [Policy Text Block]
Recently adopted accounting pronouncements
New Accounting Pronouncements, Policy [Policy Text Block]
Statement of Cash Flows [Abstract]
Cash flows from operating activities:
Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract]
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Premium amortization and (discount accretion) on investments, net
Interest income earned added to principal of securities
Interest Income Earned Added to Principal of Mortgage-backed Securities and Other Securities
Represents interest income earned added to principal of Mortgage-backed securities and other securities.
Amortization of deferred financing costs
Amortization of Debt Issuance Costs
Amortization of discount on convertible senior unsecured notes
Debt Conversion, Converted Instrument, Amortization of Convertible Debt Discount (Premium)
Debt Conversion, Converted Instrument, Amortization of Convertible Debt Discount (Premium)
Restricted stock amortization
Restricted Stock or Unit Expense
Premium amortization for MAC interest rate swaps
Premium Amortization For Market Agreed Coupon Interest Rate Swaps
Represents the amount of premium amortization for market agreed coupon interest rate swaps recorded during the period.
Interest payments and basis recovered on MAC interest rate swaps
Interests Payments And Basis Recovered On Market Agreed Coupon Interest Rate Swaps
Represents the cash outflows on interest payments and basis recovered on market agreed coupon (MAC) interest rate swaps during the period.
Premium on purchase of Residential Whole-Loans
Premium On Purchase Of Residential Whole Loans
Represents the amount of premium recorded on purchase of residential whole loans during the period.
Premium on purchase of Residential Bridge Loans
Premium on Purchase of Residential Bridge Loans
Premium on Purchase of Residential Bridge Loans
Premium on purchase of securitized commercial loans
Premium On Purchase Of Securitized Commercial Loans
Premium On Purchase Of Securitized Commercial Loans
Unrealized (gain) loss, net
Unrealized Gain (Loss) on Investments
Unrealized loss on derivative instruments, net
Unrealized Gain (Loss) on Derivatives
Realized (gain) loss on sale of investments, net
(Gain) loss on derivatives, net
Realized Gain (Loss) on Derivatives on Securities yet to be Announced
Represents the amount realized gain or loss on derivatives securities which are yet to be announced.
Loss (gain) on foreign currency transactions, net
Foreign Currency Transaction Gain (Loss), Realized
Changes in operating assets and liabilities:
Increase (Decrease) in Operating Capital [Abstract]
Decrease (increase) in accrued interest receivable
Increase (Decrease) in Accrued Interest Receivable, Net
Decrease (increase) in other assets
Increase (Decrease) in Other Operating Assets
Increase (decrease) in accrued interest payable
Increase (Decrease) in Interest Payable, Net
Increase (decrease) in accounts payable and accrued expenses
Increase (Decrease) in Accounts Payable and Accrued Liabilities
Increase (decrease) in payable to related party
Increase (Decrease) in Due to Related Parties
Net cash provided by operating activities
Net Cash Provided by (Used in) Operating Activities, Continuing Operations
Cash flows from investing activities:
Net Cash Provided by (Used in) Investing Activities, Continuing Operations [Abstract]
Purchase of securities
Payments to Acquire Mortgage-backed Securities (MBS), Available-for-sale
Proceeds from sale of securities
Proceeds from Sale of Mortgage-backed Securities (MBS), Available-for-sale
Principal repayments and basis recovered on securities
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale
Purchase of Residential Whole Loans
Purchase Of Residential Whole Loans
Represents the payments to purchase residential whole-loans.
Principal repayments on Residential Whole Loans
Principal Payments On Residential Whole Loans
Represents the proceeds from collection of principal payments on residential whole-loans.
Purchase of commercial loans
Purchase of Commercial Whole Loans
Represents the payments to purchase commercial whole-loans.
Principal repayments on commercial loans
Principal Payments on Commercial Whole-Loans
Represents the proceeds from collection of principal payments on commercial whole-loans.
Purchase of securitized commercial loan
Purchase Of Securitized Commercial Loan
Represents the payments to purchase securitized commercial loan.
Principal repayments on securitized commercial loan
Principal Repayments On Securitized Commercial Loan
Principal Repayments On Securitized Commercial Loan
Purchase of Residential Bridge Loans
Purchase of Residential Bridge Loans
Purchase of Residential Bridge Loans
Purchase of Residential Bridge Loans
Principal Repayments on Residential Bridge Loans
Principal Repayments on Residential Bridge Loans
Payment of premium for option derivatives
Payments of Premium for Option Derivatives
Represents the amount of premium paid on derivative option.
Premium received from option derivatives
Proceeds from Premium for Option Derivatives
Represents the amount of proceeds received on derivative option.
Premium for credit default swaps, net
Premium Received From Credit Default Swap
Premium Received From Credit Default Swap
Net settlements of TBAs
Proceeds Repayment from Settlement of Derivatives on Securities yet to be Announced
Represents the cash inflow or outflow due to settlement of derivatives on securities which are yet to be announced.
Proceeds from (Payments on) termination of futures, net
Payment On Termination of Futures
Cash outflow on termination of futures.
Proceeds from sale of interest rate swaptions
Proceeds from Sale of Interest Rate Swaption
The cash inflow from the sale of interest rate swaptions.
Premium for MAC interest rate swaps, net
Premium For Market Agreed Coupons Interest Rate Swaps
Represents the amount of net premium paid on market agreed coupon (MAC) interest rate swaps during the period.
Due from counterparties
Increase Decrease In Due From Counterparties, Investing Activities
The increase or decrease in due from counterparties under investing activities.
Proceeds from termination of foreign currency swaps
Payments On Termination Of Foreign Currency Swaps
Represents cash inflows or outflows on termination of foreign currency swaps during the period.
Payments on total return swaps
Payments On Total Return Swaps
Represents cash inflows or outflows related to total return swaps.
Interest payments and basis recovered on MAC interest rate swaps
Payment Of Interests And Basis Recovered On Market Agreed Coupon Interest Rate Swaps
Represents cash inflows or outflows on interest payments and basis recovered on market agreed coupon (MAC) interest rate swaps during the period.
Premium for interest rate swaptions, net
Payments of Premium for Interest Rate Swaption
Represents the amount of premium paid on interest rate swaption.
Net cash provided by (used in) investing activities
Net Cash Provided by (Used in) Investing Activities, Continuing Operations
Cash flows from financing activities:
Net Cash Provided by (Used in) Financing Activities, Continuing Operations [Abstract]
Payment of offering costs
Repurchase of common stock
Payments for Repurchase of Common Stock
Proceeds from sale of treasury stock
Proceeds from Sale of Treasury Stock
Proceeds from repurchase agreement borrowings
Proceeds from Securities Sold under Agreements to Repurchase
The cash inflow from investments sold under the agreement to repurchase such investment.
Proceeds from convertible note offering
Proceeds from Securities Sold under Repurchase Agreements to Repurchase Underlying Linked Transactions
The cash inflow from the sale of securities underlying linked transactions.
Repayments of repurchase agreement borrowings
Payments for Securities Sold under Agreements to Repurchase
The cash outflow for investments sold under the agreement to repurchase such investment.
Repayment of cash overdraft
Proceeds from (Repayments of) Bank Overdrafts
Proceeds from securitized debt
Proceeds from Issuance of Secured Debt
Repayments of securitized debt
Repayments of Secured Debt
Proceeds from forward contracts
Proceeds from Derivative Instrument, Financing Activities
Repayments of forward contracts
Payments for Derivative Instrument, Financing Activities
Payments made for deferred financing costs
Payments of Financing Costs
Due from counterparties, net
Increase (Decrease) Due from Counterparties
The increase or decrease in cash posted with counterparties as collateral.
Due to counterparties, net
Increase (Decrease) Due to Counterparties
The increase or decrease in cash posted with the entity by counterparties as collateral.
Increase in other liabilities
Proceeds from (Payments for) Other Financing Activities
Dividends paid on common stock
Payments of Dividends
Net cash provided by (used in) financing activities
Net Cash Provided by (Used in) Financing Activities, Continuing Operations
Effect of exchange rate changes on cash and cash equivalents
Effect of Exchange Rate on Cash, Continuing Operations
Net increase in cash and cash equivalents
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
Cash, cash equivalents and restricted cash beginning of period
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
Cash, cash equivalents and restricted cash end of period
Supplemental disclosure of operating cash flow information:
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]
Interest paid
Interest Paid, Excluding Capitalized Interest, Operating Activities
Income taxes paid
Income Taxes Paid
Supplemental disclosure of non-cash financing/investing activities:
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Underwriting and offering costs payable
Debt Issuance Costs Incurred During Noncash or Partial Noncash Transaction
Repurchase of common stock, not settled
Payments for Repurchase of Common Stock, Not Settled
Payments for Repurchase of Common Stock, Not Settled
Securities purchased, not settled
Mortgage Backed Securities Purchased Not Settled
Represents the payables for mortgage-backed securities and other securities purchased for which settlement has not taken place.
Net unsettled TBAs
Net Securities Unsettled Yet To Be Announced
Represents the net unsettled amount of securities not yet announced.
Derivative collateral offset against derivatives
Variation Margin Offset Against Derivatives
Variation Margin Offset Against Derivatives
Dividends and distributions declared, not paid
Dividends Payable
Principal payments of Residential Whole Loans, not settled
Principal Payments Of Residential Whole Loans, Not Settled
Represents the principal payments of residential whole-loans for which settlement has not taken place.
Principal payments of Residential Bridge Loans, not settled
Principal Payments of Residential Bridge Loans Not Settled
Principal Payments of Residential Bridge Loans Not Settled
Other assets
Noncash or Part Noncash Acquisition, Other Assets Acquired
Summary of restricted common stock vesting dates
Restricted Common Stock Vesting Dates [Table Text Block]
Tabular disclosure of the restricted common stock vesting dates.
Schedule of restricted stock activity
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]
Fair Value, by Balance Sheet Grouping [Table]
Fair Value, by Balance Sheet Grouping [Table]
Carrying Value
Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Mortgage Loans on Real Estate, Carrying Amount of Mortgages
Residential Bridge Loans, Fair Value Disclosure
Residential Bridge Loans, Fair Value Disclosure
Borrowings under repurchase agreements
Securities Loaned or Sold under Agreements to Repurchase, Fair Value Disclosure
Convertible senior unsecured notes
Convertible Debt, Fair Value Disclosures
Total
Statement of Financial Position [Abstract]
Assets:
Assets [Abstract]
Cash and cash equivalents
Cash and Cash Equivalents, at Carrying Value
Restricted cash
Restricted Cash
Residential Whole-Loans, at fair value ($1,041,885 and $237,423 pledged as collateral, at fair value, respectively)
Residential Whole loans Fair Value Disclosure
Fair value of residential whole-loans held for investments.
Residential Bridge Loans ($211,999 and $64,526 at fair value and $221,486 and $106,673 pledged as collateral, respectively)
Residential Bridge Loan
Residential Bridge Loan
Securitized commercial loans, at fair value
Securitized Commercial Loan, At Fair Value
Fair value of securitized commercial loan for investment.
Commercial Loans, at fair value ($196,123 and $0 pledged as collateral, at fair value, respectively)
Commercial Loan, At Fair Value
Commercial Loan, At Fair Value
Commercial Loan, At Fair Value
Pledged Assets Separately Reported, Loans Pledged as Collateral, at Fair Value
Investment related receivable
Receivables from Brokers-Dealers and Clearing Organizations
Interest receivable
Interest Receivable
Due from counterparties
Cash Collateral Carrying Value
Carrying amount as of the balance sheet date of cash collateral held by counterparties for derivatives or borrowings under repurchase agreements.
Derivative assets, at fair value
Other assets
Other Assets
Total assets
Assets
Liabilities and Stockholders' Equity:
Liabilities and Equity [Abstract]
Liabilities:
Liabilities [Abstract]
Repurchase agreements, net
Convertible senior unsecured notes, net
Convertible Debt, Noncurrent
Securitized debt, at fair value (includes $246,802 and $10,945 held by affiliates, respectively)
Interest payable (includes $816 and $70 on securitized debt held by affiliates, respectively)
Interest Payable
Investment related payables
Investment-related Liabilities
Due to counterparties
Due to Counterparties Carrying Value Net
The carrying value, as of the balance sheet date, of the obligation to return collateral (including cash) to counterparties.
Derivative liability, at fair value
Accounts payable and accrued expenses
Accounts Payable and Accrued Liabilities
Payable to affiliate
Due to Related Parties
Dividend payable
Other liabilities
Other Liabilities
Total liabilities
Liabilities
Commitments and contingencies
Commitments and Contingencies
Stockholders' Equity:
Stockholders' Equity Attributable to Parent [Abstract]
Common stock, $0.01 par value, 500,000,000 shares authorized, and 48,116,379 and 41,794,079 outstanding, respectively
Common Stock, Value, Issued
Preferred stock, $0.01 par value, 100,000,000 shares authorized and no shares outstanding
Preferred Stock, Value, Issued
Treasury stock, at cost 0 and 125,722 shares held, respectively
Treasury Stock, Value
Additional paid-in capital
Additional Paid in Capital
Retained earnings (accumulated deficit)
Retained Earnings (Accumulated Deficit)
Total Stockholders' Equity
Total Liabilities and Stockholders' Equity
Liabilities and Equity
Investments Classified By Contractual Maturity Date [Axis]
Investments Classified By Contractual Maturity Date [Axis]
Information by maturities of an entity's investments.
Investments Classified By Contractual Maturity Date [Domain]
Investments Classified By Contractual Maturity Date [Domain]
Providing information by maturities of an entity's investments.
Less than or equal to 10 years
Investments Contractual Maturity Less Than Or Equal To Ten Years [Member]
Period of maturity for a group of investment portfolio which mature within 10 years.
More than 10 years and less than or equal to 20 years
Investments Contractual Maturity10 To20 Years [Member]
Period of maturity for a group of investment portfolio which mature between 10 years and 20 years.
More than 20 years and less than or equal to 30 years
Investments Contractual Maturity20 To30 Years [Member]
Period of maturity for a group of investment portfolio which mature between 20 years and 30 years.
More than 30 years
Investments Contractual Maturity Over30 Years [Member]
Period of maturity for a group of investment portfolio which mature over 30 years.
Credit Default Swap
Credit Default Swap [Member]
Derivative [Line Items]
Derivative liabilities
TBAs
To Be Announced Securities [Member]
Represents information pertaining to to-be-announced securities.
To Be Announced Purchase Contracts
To Be Announced Purchase Contracts [Member]
To Be Announced Purchase Contracts [Member]
Notional amount, liabilities
Derivative liability, notional amount, net
Derivative Liability Notional Amount Net
Net nominal or face amount used to calculate payments on the derivative liability.
Derivative, fair value, net
Changes in notional amount
Derivative Notional Amount [Roll Forward]
Notional Amount at the beginning of the period
Additions
Derivative Notional Amount Additions
Represents the addition to total monetary amount specified by the derivative asset(s). Expressed as an absolute value.
Settlement, Termination, Expiration or Exercise
Derivative Notional Amount Terminated and Settled
Represents the aggregate termination value of derivative contracts, upon settlement that were terminated, settled or expired during the period.
Notional Amount at the end of the period
Variable Rate [Axis]
Variable Rate [Axis]
Variable Rate [Domain]
Variable Rate [Domain]
London Interbank Offered Rate (LIBOR)
London Interbank Offered Rate (LIBOR) [Member]
London Interbank Offered Rate (LIBOR) Floor
London Interbank Offered Rate (LIBOR) Floor [Member]
London Interbank Offered Rate (LIBOR) Floor [Member]
London Interbank Offered Rate (LIBOR) Cap
London Interbank Offered Rate (LIBOR) Cap [Member]
London Interbank Offered Rate (LIBOR) Cap [Member]
Trust Certificate
Trust Certificate [Member]
Trust Certificate [Member]
Legal Entity [Axis]
Legal Entity [Axis]
Entity [Domain]
Entity [Domain]
SBC Loan 3 [Member]
SBC Loan 3 [Member]
SBC Loan 3 [Member]
Number of VIEs, as primary beneficiary
Variable Interest Entity, Number of Entity
Number of variable interest entity, of which the Entity has been determined as the primary beneficiary.
VIE, consolidated, carrying amount, assets
Variable Interest Entity, Consolidated, Carrying Amount, Assets
Variable interest entity, fair value
Variable Interest Entity, Fair Value
The fair value of interest in consolidated variable interest entity, which is eliminated in consolidation.
Loans receivable, basis spread on variable rate
Loans Receivable, Basis Spread on Variable Rate, During Period
Debt instrument, basis spread on variable rate
Debt Instrument, Basis Spread on Variable Rate
Loans receivable, extension period
Loans Receivable, Extension Period
Loans Receivable, Extension Period
Securitized debt
Debt instrument, repurchase amount
Debt Instrument, Repurchase Amount
VIE, consolidated, number of commercial loan trusts
Variable Interest Entity, Consolidated, Number Of Commercial Loan Trusts
Variable Interest Entity, Consolidated, Number Of Commercial Loan Trusts
Repurchase Agreements and Similar Transactions, Maturity Periods [Axis]
Repurchase Agreements and Similar Transactions, Maturity Periods [Axis]
Assets Sold under Agreements to Repurchase, Maturity Period [Domain]
Repurchase Agreements and Similar Transactions, Maturity Periods [Domain]
Overnight
Maturity Overnight [Member]
1 to 29 days
Maturity Less than 30 Days [Member]
30 to 59 days
Maturity30 To59 Days [Member]
Represents the period of maturity for a group of securities or other assets sold under repurchase agreements, which mature between 30 days and 59 days from the reporting date.
60 to 89 days
Maturity60 To89 Days [Member]
Represents the period of maturity for a group of securities or other assets sold under repurchase agreements, which mature between 60 days and 89 days from the reporting date.
90 to 119 days
Maturity90 To119 Days [Member]
Represents the period of maturity for a group of securities or other assets sold under repurchase agreements, which mature between 90 days and 119 days from the reporting date.
Greater than or equal to 120 days
Maturity Over119 Days [Member]
Represents the period of maturity for a group of securities or other assets sold under repurchase agreements, which mature over 119 days from the reporting date.
Repurchase agreements
Summary of Significant Accounting Policies
Basis of Presentation and Significant Accounting Policies [Text Block]
Fair Value Measurement Inputs and Valuation Techniques [Table]
Fair Value Measurement Inputs and Valuation Techniques [Table]
Valuation Approach and Technique [Axis]
Valuation Approach and Technique [Axis]
Valuation Approach and Technique [Domain]
Valuation Approach and Technique [Domain]
Discounted Cash Flow
Valuation Technique, Discounted Cash Flow [Member]
Measurement Input Type [Axis]
Measurement Input Type [Axis]
Measurement Input Type [Domain]
Measurement Input Type [Domain]
Measurement Input, Discount Rate
Measurement Input, Discount Rate [Member]
Measurement Input, Expected Term
Measurement Input, Expected Term [Member]
Measurement Input, Basis Spread
Measurement Input, Basis Spread [Member]
Measurement Input, Basis Spread [Member]
Weighted Average
Weighted Average [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Loans held-for-sale, measurement input
Loans Held-for-sale, Measurement Input
Loans held-for-sale, term
Loans Held-for-sale, Term
Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]
Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]
Futures contracts
Future [Member]
Derivative Instruments
Derivatives, Fair Value [Line Items]
Notional Amount
Notional Disclosures [Abstract]
Estimated Fair Value
Derivative, Fair Value, Net [Abstract]
Estimated Fair value, assets
Fair Value of Financial Instruments
Fair Value Disclosures [Text Block]
Residential Whole-Loan And Residential Bridge Loan
Residential Whole-Loan And Residential Bridge Loan [Member]
Residential Whole-Loan And Residential Bridge Loan [Member]
Residential Whole-Loans, at fair value ($1,041,885 and $237,423 pledged as collateral, at fair value, respectively)
Residential Bridge Loans ($211,766 and $64,526 at fair value and $221,486 and $106,673 pledged as collateral, respectively)
Commercial Loan, at fair value
Interest payable
Fair value of residential whole-loans pledged as collateral
Pledged Residential Whole Loans
The fair value, as of the date of each statement of financial position presented, of residential whole-loans held for investments, and pledged as collateral.
Residential bridge loan. at fair value
Residential Bridge Loan. At Fair Value
Residential Bridge Loan. At Fair Value
Noncontrolling Interest [Table]
Noncontrolling Interest [Table]
Noncontrolling Interest [Line Items]
Noncontrolling Interest [Line Items]
Earnings Per Share [Abstract]
Numerator:
Net Income (Loss) Available to Common Stockholders Basic and Diluted [Abstract]
Net income (loss) attributable to common stockholders and participating securities for basic and diluted earnings per share
Less: Dividends and undistributed earnings allocated to participating securities
Participating Securities, Distributed and Undistributed Earnings (Loss), Basic
Net income (loss) allocable to common stockholders - basic and diluted
Net Income (Loss) Available to Common Stockholders, Basic
Denominator:
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Weighted average common shares outstanding for basic earnings per share
Weighted Average Number of Shares Issued, Basic
Weighted average common shares outstanding for diluted earnings per share
Weighted Average Number of Shares Outstanding, Diluted
Summary of certain characteristics of the Company's repurchase agreements
Schedule of Repurchase Agreements [Table Text Block]