v3.25.2
FAIR VALUE MEASUREMENTS - Narrative (Details)
$ in Millions
1 Months Ended 6 Months Ended
Aug. 12, 2025
property
Jun. 30, 2025
USD ($)
loan
Jun. 30, 2025
USD ($)
loan
property
Jun. 30, 2025
USD ($)
loan
Jun. 30, 2024
USD ($)
property
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Number of real estate properties secured through foreclosure | property     2    
Impairment of real estate, number of properties | property     3   7
First Mortgage Loans          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Number of impaired risk-rated loans, nonaccrual status | loan   0 0 0  
First mortgage loans, credit loss reserve   $ 238.4 $ 238.4 $ 238.4  
Number of loan investments | loan   6 6 6  
Nonaccrual status with a carrying value   $ 822.1 $ 822.1 $ 822.1  
First Mortgage Loans | Maximum | Discount Rate          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Loans receivable, measurement input   14.00% 14.00% 14.00%  
First Mortgage Loans | Maximum | Terminal Capitalization Rate          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Loans receivable, measurement input   9.00% 9.00% 9.00%  
First Mortgage Loans | Minimum | Discount Rate          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Loans receivable, measurement input   10.00% 10.00% 10.00%  
First Mortgage Loans | Minimum | Terminal Capitalization Rate          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Loans receivable, measurement input   8.00% 8.00% 8.00%  
Commercial Real Estate | First Mortgage Loans          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Fair value of the net real estate asset       $ 151.0  
Property          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Impairment of real estate assets       7.7 $ 51.5
Property | Fair Value          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Real estate asset deemed to be impaired   $ 105.0 $ 105.0 $ 105.0 115.3
Condominium Units          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Impairment of real estate, number of properties   0 0    
Impairment of real estate assets         $ 5.5
First lien mortgage loan | First Mortgage Loans | Maximum | Discount Rate          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Loans receivable, measurement input   10.80% 10.80% 10.80%  
First lien mortgage loan | First Mortgage Loans | Maximum | Terminal Capitalization Rate          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Loans receivable, measurement input   9.00% 9.00% 9.00%  
First lien mortgage loan | First Mortgage Loans | Minimum | Discount Rate          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Loans receivable, measurement input   10.00% 10.00% 10.00%  
First lien mortgage loan | First Mortgage Loans | Minimum | Terminal Capitalization Rate          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Loans receivable, measurement input   8.50% 8.50% 8.50%  
First lien mortgage loan | Consolidated Properties          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Number of impaired risk-rated loans, nonaccrual status | loan   2 2 2  
First lien mortgage loan | Consolidated Properties | Office          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Number of real estate properties secured through foreclosure | property     2    
First lien mortgage loan | Consolidated Properties | Office | Subsequent event          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Number of properties acquired via deed-in-lieu of foreclosure | property 1