Other Assets - Real Estate Owned - Activity (Details) $ in Thousands |
3 Months Ended | 6 Months Ended | |||
---|---|---|---|---|---|
Jun. 30, 2025
USD ($)
property
|
Jun. 30, 2024
USD ($)
property
|
Jun. 30, 2025
USD ($)
property
|
Jun. 30, 2024
USD ($)
property
|
Dec. 31, 2024
property
|
|
Real Estate Owned [Roll Forward] | |||||
Balance at beginning of period | $ 130,634 | $ 106,185 | $ 130,854 | $ 110,174 | |
Adjustments to record at lower of cost or fair value | (3,565) | (2,690) | (6,777) | (3,957) | |
Transfer from residential whole loans | 30,286 | 25,609 | 55,734 | 44,951 | |
Purchases and capital improvements, net | 182 | 52 | 317 | 203 | |
Disposals and other | (21,713) | (21,143) | (44,304) | (43,358) | |
Balance at end of period | 135,824 | 108,013 | 135,824 | 108,013 | |
Gain (loss) recorded on transfer from residential whole loans to real estate owned | $ (4,400) | $ (1,200) | $ (4,400) | $ (2,400) | |
Properties sold during period | property | 107 | 63 | 201 | 136 | |
Proceeds from sale of real estate | $ 21,800 | $ 25,600 | $ 46,000 | $ 49,800 | |
Gain on sales of real estate owned | 600 | $ 4,500 | 2,300 | $ 6,500 | |
Wholly Owned Properties | |||||
Real Estate Owned [Roll Forward] | |||||
Balance at beginning of period | 130,854 | ||||
Balance at end of period | $ 135,824 | $ 135,824 | |||
Number of properties | property | 377 | 352 | 377 | 352 | 416 |