v3.25.2
Agreements and Transactions with Related Parties - 2019 Activity (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Feb. 28, 2025
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2021
Agreements and Transactions with Related Parties                
Interest income   $ 240,303 $ 297,188 $ 480,997 $ 618,480      
Related Party                
Agreements and Transactions with Related Parties                
Amount invested               $ 4,200
Percentage of ownership interest of related party in the entity       50.00%        
Other Related Party Transactions | Bridge loan, six multifamily properties                
Agreements and Transactions with Related Parties                
UPB converted to a mezzanine loan             $ 2,000  
Other Related Party Transactions | Related Party | Maturity date of August 2023 | One multifamily property                
Agreements and Transactions with Related Parties                
Principal amount           $ 35,400    
Other Related Party Transactions | Related Party | Bridge loan, one multifamily property | Maturity date of August 2023                
Agreements and Transactions with Related Parties                
Variable rate, spread           3.50%    
Other Related Party Transactions | Related Party | AMAC III | Mezzanine Loans                
Agreements and Transactions with Related Parties                
Principal amount             7,000  
Other Related Party Transactions | Related Party | AMAC III | Bridge loan, one multifamily property                
Agreements and Transactions with Related Parties                
Principal amount             $ 34,000  
Other Related Party Transactions | Chief executive officer | Mezzanine Loans | Maturity date of January 2024                
Agreements and Transactions with Related Parties                
Fixed rate of interest             10.00%  
Other Related Party Transactions | Chief executive officer | Bridge loan, six multifamily properties | Maturity date of 2019 | Minimum                
Agreements and Transactions with Related Parties                
Percentage of ownership interest of related party in the entity             10.50%  
Other Related Party Transactions | Chief executive officer | Bridge loan, six multifamily properties | Maturity date of 2019 | Maximum                
Agreements and Transactions with Related Parties                
Percentage of ownership interest of related party in the entity             12.00%  
Other Related Party Transactions | Chief executive officer | Bridge loan, six multifamily properties | Maturity date of September 2019                
Agreements and Transactions with Related Parties                
Interest income   100 100 $ 100 100      
AMAC III                
Agreements and Transactions with Related Parties                
Contributions made     2,600 900 2,600      
AMAC III | Other Related Party Transactions | Related Party                
Agreements and Transactions with Related Parties                
Amount invested             $ 30,000  
Ownership interest, percentage             18.00%  
Payoffs and partial paydowns of principal $ 2,000              
Interest income   700 800 1,300 1,600      
AMAC Holdings III LLC                
Agreements and Transactions with Related Parties                
Loss on investment   1,000 700 1,900 1,200      
Contributions made   $ 900 $ 2,600 $ 900 $ 2,600