v3.25.2
Loans Held for Investment and the Allowance for Credit Losses - Additional Information (Details)
 3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
loan
Mar. 31, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
loan
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
loan
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Accrued interest, location Accrued interest and fees receivable     Accrued interest and fees receivable   Accrued interest and fees receivable
Accrued interest $ 16,900,000     $ 16,900,000   $ 16,000,000.0
Total loan commitment 3,899,345,000     3,899,345,000   3,412,016,000
Unfunded loan commitments 116,428,000     116,428,000   127,866,000
Unamortized loan fees $ 8,900,000     $ 8,900,000   5,900,000
Weighted average risk rating 3.0     3.0    
Allowance for credit loss, increase (decrease) $ 1,600,000   $ (4,500,000) $ 4,800,000 $ (200,000)  
Total allowance for credit losses 68,776,000   69,590,000 68,776,000 69,590,000 $ 63,973,000
Allowance for credit losses increase due to increased loan origination 4,000,000.0     4,000,000.0 1,000,000.0  
Allowance for credit loss, decrease from full loan repayments 2,200,000   1,500,000 2,700,000 2,700,000  
Allowance for credit losses decrease due to asset level performance and macroeconomic events $ (300,000)   $ (3,000,000)      
Increase in allowance for credit loss for macroeconomic events       $ 3,500,000 $ 1,600,000  
Individual assessment, number of loans | loan 0     0   0
Financing receivable, recovery, number of loans | loan 0     0   0
Nonaccrual, number of loans | loan 0     0   0
Loans accrued interest income $ 0     $ 0   $ 0
Accrued paid in kind interest outstanding $ 692,000 $ 523,000   $ 692,000   $ 360,000
Number of loans accrued paid in kind interest outstanding | loan 1     1    
Accrued PIK interest $ 169,000 $ 163,000   $ 300,000    
Seven Mortgage Loans            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Number of mortgage loans | loan       7    
Total loan commitment 695,600,000     $ 695,600,000    
Unpaid principal balance refinanced 670,500,000     670,500,000    
Unfunded loan commitments $ 25,100,000     $ 25,100,000    
Three Loan Investments            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Number of mortgage loans | loan       3    
Loan repayment principal amount       $ 147,400,000    
Four Loans            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Number of mortgage loans | loan       4    
Proceeds from partial principal payments       $ 46,400,000    
Total loan repayments       $ 193,800,000