v3.25.2
REAL ESTATE-RELATED SECURITIES AND OTHER - Schedule of Current Expected Credit Loss (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Debt Instrument [Line Items]          
Beginning balance   $ 110,062     $ 110,062
Provision for credit losses         73,225
Ending balance $ 183,287       183,287
CMBS          
Debt Instrument [Line Items]          
Beginning balance 182,328 110,062 $ 35,562 $ 35,808 110,062
Provision for credit losses 959 72,266 4,529    
Reversal of credit losses       (246)  
Ending balance $ 183,287 $ 182,328 $ 40,091 $ 35,562 $ 183,287