v3.25.2
Loans Receivable, net - Summary of Allowance for Credit Loss on Financing Receivable (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
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]          
Beginning Balance $ 82,805 $ 93,664 $ 119,800 $ 79,851 $ 93,664
Ending Balance 99,816 82,805 139,402 119,800 99,816
General CECL Reserve          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]          
Increase (decrease) in general CECL reserve 17,011 (10,859) 17,996 39,949  
Specific CECL Reserve          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]          
Increase (decrease) in general CECL reserve     1,606    
Senior Loans          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]          
Beginning Balance 71,815 83,398 112,059 74,074 83,398
Ending Balance 88,254 71,815 132,311 112,059 88,254
Senior Loans | General CECL Reserve          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]          
Increase (decrease) in general CECL reserve 16,439 (11,583) 18,646 37,985  
Senior Loans | Specific CECL Reserve          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]          
Increase (decrease) in general CECL reserve     1,606    
Mezzanine Loans          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]          
Beginning Balance 10,990 10,266 7,741 5,777 10,266
Ending Balance 11,562 10,990 7,091 7,741 $ 11,562
Mezzanine Loans | General CECL Reserve          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]          
Increase (decrease) in general CECL reserve $ 572 $ 724 (650) $ 1,964  
Mezzanine Loans | Specific CECL Reserve          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]          
Increase (decrease) in general CECL reserve     $ 0