v3.25.2
Commercial Real Estate Loan Investments - Property Type And Geographic Distribution (Details) - Commercial Real Estate Loan Investments
$ in Thousands, € in Millions, £ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2025
USD ($)
Dec. 31, 2024
USD ($)
Jun. 30, 2025
EUR (€)
Jun. 30, 2025
GBP (£)
Fair Value, Option, Quantitative Disclosures [Line Items]        
Fair Value $ 3,550,378 $ 2,391,078    
Commercial Real Estate Loan Investments Benchmark | Property Type Concentration Risk        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Concentration risk (in percent) 100.00% 100.00%    
Commercial Real Estate Loan Investments Benchmark | Geographic Concentration Risk        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Concentration risk (in percent) 100.00% 100.00%    
United States:        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Fair Value $ 3,016,030 $ 2,106,670    
United States: | Commercial Real Estate Loan Investments Benchmark | Geographic Concentration Risk        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Concentration risk (in percent) 85.00% 88.00%    
West        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Fair Value $ 936,346 $ 738,754    
West | Commercial Real Estate Loan Investments Benchmark | Geographic Concentration Risk        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Concentration risk (in percent) 26.40% 30.70%    
South        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Fair Value $ 743,486 $ 520,733    
South | Commercial Real Estate Loan Investments Benchmark | Geographic Concentration Risk        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Concentration risk (in percent) 20.90% 21.80%    
East        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Fair Value $ 826,998 $ 688,518    
East | Commercial Real Estate Loan Investments Benchmark | Geographic Concentration Risk        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Concentration risk (in percent) 23.30% 28.80%    
Midwest        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Fair Value $ 37,438 $ 30,331    
Midwest | Commercial Real Estate Loan Investments Benchmark | Geographic Concentration Risk        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Concentration risk (in percent) 1.10% 1.30%    
Various U.S        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Fair Value $ 471,762 $ 128,334    
Various U.S | Commercial Real Estate Loan Investments Benchmark | Geographic Concentration Risk        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Concentration risk (in percent) 13.30% 5.40%    
Non-US:        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Fair Value $ 534,348 $ 284,408    
Non-US: | Commercial Real Estate Loan Investments Benchmark | Geographic Concentration Risk        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Concentration risk (in percent) 15.00% 12.00%    
Europe        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Fair Value $ 203,595 $ 180,178    
Europe | Commercial Real Estate Loan Investments Benchmark | Geographic Concentration Risk        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Concentration risk (in percent) 5.70% 7.60%    
United Kingdom        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Fair Value $ 330,753 $ 104,230   £ 241.2
United Kingdom | Commercial Real Estate Loan Investments Benchmark | Geographic Concentration Risk        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Concentration risk (in percent) 9.30% 4.40%    
France        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Fair Value | €     € 81.8  
Spain        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Fair Value | €     € 91.6  
Multifamily        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Fair Value $ 1,424,815 $ 1,252,147    
Multifamily | Commercial Real Estate Loan Investments Benchmark | Property Type Concentration Risk        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Concentration risk (in percent) 40.10% 52.40%    
Industrial        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Fair Value $ 1,682,829 $ 1,042,720    
Industrial | Commercial Real Estate Loan Investments Benchmark | Property Type Concentration Risk        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Concentration risk (in percent) 47.40% 43.60%    
Self-storage        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Fair Value $ 121,290 $ 96,211    
Self-storage | Commercial Real Estate Loan Investments Benchmark | Property Type Concentration Risk        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Concentration risk (in percent) 3.40% 4.00%    
Student housing        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Fair Value $ 321,444 $ 0    
Student housing | Commercial Real Estate Loan Investments Benchmark | Property Type Concentration Risk        
Fair Value, Option, Quantitative Disclosures [Line Items]        
Concentration risk (in percent) 9.10% 0.00%