v3.25.4
Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Assets    
RMBS, pledged assets $ 1,189,714 $ 1,103,622
Investments in Servicing Related pledged assets at fair value [1] $ 214,831 $ 233,658
Stockholders' Equity    
Preferred stock, par value (in dollars per share) $ 0.01  
Preferred stock, shares authorized (in shares) 100,000,000  
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 500,000,000 500,000,000
Common stock, shares issued (in shares) 36,739,538 31,625,073
Common stock, shares outstanding (in shares) 36,739,538 31,625,073
Series A Preferred Stock [Member]    
Stockholders' Equity    
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares) 100,000,000 100,000,000
Preferred stock, dividend rate, percentage 8.20% 8.20%
Preferred stock, shares issued (in shares) 2,781,635 2,781,635
Preferred stock, shares outstanding (in shares) 2,781,635 2,781,635
Preferred stock, liquidation preference $ 69,541 $ 69,541
Series B Preferred Stock [Member]    
Stockholders' Equity    
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares) 100,000,000 100,000,000
Percentage of offering of fixed-to-floating rate cumulative redeemable stock 8.25% 8.25%
Preferred stock, shares issued (in shares) 1,604,103 1,604,103
Preferred stock, shares outstanding (in shares) 1,604,103 1,604,103
Preferred stock, liquidation preference $ 40,103 $ 40,103
[1] See Note 9 regarding the estimation of fair value, which approximates carrying value for all pools.