v3.25.2
Fair Value of Financial Instruments - Reconciliation (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Foreign currency adjustments $ 123 $ 26 $ 0 $ 149 $ 0
Revolving Credit Facility | Long-Term Debt | Line of Credit          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Beginning Balance 0 0   0  
Proceeds 0     135,000  
Repayments 0     (135,000)  
Net unrealized (gain) loss 0     0  
Ending Balance 0 0   0  
Secured Debt | Long-Term Debt | Line of Credit          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Beginning Balance 2,149,643 1,854,868   1,854,868  
Proceeds 535,747     822,048  
Repayments (878,561)     (878,561)  
Net unrealized (gain) loss 277     82  
Unrealized foreign currency (gain) loss 20,404     29,073  
Ending Balance 1,827,510 2,149,643   1,827,510  
Secured Debt | Secured Lending Agreements | Long-Term Debt | Line of Credit          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Beginning Balance 2,015,125 1,720,350   1,720,350  
Proceeds 522,592     808,893  
Repayments (878,561)     (878,561)  
Net unrealized (gain) loss 218     23  
Unrealized foreign currency (gain) loss 20,404     29,073  
Ending Balance 1,679,778 2,015,125   1,679,778  
Secured Debt | Term Lending Agreement | Long-Term Debt | Line of Credit          
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Beginning Balance 134,518 134,518   134,518  
Proceeds 13,155     13,155  
Repayments 0     0  
Net unrealized (gain) loss 59     59  
Unrealized foreign currency (gain) loss 0     0  
Ending Balance 147,732 134,518   147,732  
Commercial Real Estate Loan Investments          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Beginning Balance 2,788,480 2,391,078   2,391,078  
Transfers from Level 3 into Level 2 (1,220,104)     (1,220,104)  
Loan originations and fundings 735,453     1,120,159  
Net unrealized gain (loss) 935     2,791  
Foreign currency adjustments 25,510     36,350  
Ending Balance $ 2,330,274 $ 2,788,480   $ 2,330,274