Fair Value of Financial Instruments - Additional Information (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2025 USD ($)	Dec. 31, 2024 USD ($)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Mortgage-backed securities, at fair value	$ 359,682	$ 335,720
Mortgage loans held in securitization trusts, at fair value	2,246,442	1,633,589
Mortgage loans held in securitization trusts, at fair value \| Commercial Mortgage Backed Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Mortgage-backed securities, at fair value	211,405
Debt instrument, face amount	213,207
Level 3
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Mortgage loans held in securitization trusts, at fair value	$ 2,246,442	$ 1,633,589
Measurement Input, Expected Term \| Level 3 \| Minimum
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liability, measurement input	0.0896
Derivative liability weighted average blended yield term	1 year
Measurement Input, Expected Term \| Level 3 \| Maximum
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liability, measurement input	0.1273
Derivative liability weighted average blended yield term	4 years 9 months
Measurement Input, Expected Term \| Level 3 \| Weighted Average
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative liability, measurement input	0.0996
Derivative liability weighted average blended yield term	2 years 10 months 13 days