v3.26.1
Repurchase Agreements and Warehouse Facilities - Narrative (Details)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2026
USD ($)
counterparty
Dec. 31, 2025
USD ($)
counterparty
Mar. 31, 2025
USD ($)
Assets Sold under Agreements to Repurchase [Line Items]      
Cash and cash equivalents $ 208,915 $ 210,333 $ 177,072
Securities borrowed $ 471,848    
Number of counterparties with amounts outstanding under repurchase agreements | counterparty 13 12  
Accrued interest payable $ 38,000 $ 44,400  
Weighted average advance rate 96.60% 96.50%  
Average interest rate haircut 3.40% 3.50%  
Average days to maturity 30 days 31 days  
Weighted average interest rate 3.82% 4.11%  
Total Residential loans      
Assets Sold under Agreements to Repurchase [Line Items]      
Securities borrowed $ 42,700    
Number of counterparties with amounts outstanding under repurchase agreements | counterparty 8    
Residential Loans, Real Estate Owned, Single-Family Rental Properties and Warehouse Facilities      
Assets Sold under Agreements to Repurchase [Line Items]      
Accrued interest payable $ 3,700 $ 2,600  
Agency RMBS      
Assets Sold under Agreements to Repurchase [Line Items]      
Securities borrowed $ 434,623    
Average interest rate haircut 3.40%    
Non-Agency RMBS      
Assets Sold under Agreements to Repurchase [Line Items]      
Securities borrowed $ 36,049    
Average interest rate haircut 32.70%    
U.S. Treasury securities      
Assets Sold under Agreements to Repurchase [Line Items]      
Securities borrowed $ 1,176    
Average interest rate haircut 1.50%    
Repurchase Agreements      
Assets Sold under Agreements to Repurchase [Line Items]      
Cash and cash equivalents $ 199,000    
Securities borrowed $ 471,800