v3.25.2
Related Party Transactions - Summary of Fees and Expenses Accrued under Advisory Agreement (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 01, 2022
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Related Party Transaction [Line Items]          
Base Management Fee   $ 9,174 $ 9,519 $ 18,438 $ 18,912
Performance Fee   0 5,786 0 11,951
Total   19,673 29,485 40,126 55,084
Related Party | FS Real Estate Advisor          
Related Party Transaction [Line Items]          
Base Management Fee   9,174 9,519 18,438 18,912
Performance Fee   0 5,786 0 11,951
Administrative Services Fee   7,352 7,673 14,764 15,235
Capital Markets Fees   0 3,000 0 3,000
Payment for management fees       18,657 18,763
Management fee payable   9,174   9,174  
Payment for incentive fees       $ 0 11,780
Administrative service fee percentage 1.00%     1.00%  
Related Party | Rialto          
Related Party Transaction [Line Items]          
Valuation Services Fees   0 114 $ 104 223
Payment of valuation service fees       219 223
Related Party | FS Real Estate Advisor or Rialto          
Related Party Transaction [Line Items]          
Origination and Other Fees   $ 3,147 $ 3,393 $ 6,820 $ 5,763