v3.25.4
Fair Values - Schedule of Details of Book Value, Face Amount, and Fair Value of Financial Instruments (Detail) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Financial assets      
Cash and cash equivalents, book value $ 452,526 $ 323,483  
Cash and cash equivalents, fair value 452,526 323,483  
Loans receivable, net, book value 17,784,694 18,313,582  
Loan receivable, net, face amount 18,154,768 19,203,126 $ 23,923,719
Loan receivable, net, fair value 17,856,303 18,288,958  
Financial liabilities      
Long-term debt, face amount 14,024,848    
Loan participations sold, net, book value 0 100,064  
Loan participations sold, net, face amount 0 100,064  
Loan participations sold, net, fair value 0 99,822  
Secured debt, net      
Financial liabilities      
Long-term debt 10,117,292 9,696,334  
Long-term debt, face amount 10,125,839 9,705,529  
Long-term debt, fair value 10,029,890 9,590,400  
Other secured debt, net      
Financial liabilities      
Long-term debt 39,475 0  
Long-term debt, face amount 39,475 0  
Long-term debt, fair value 39,475 0  
Securitized debt obligations, net      
Financial liabilities      
Long-term debt 2,139,719 1,936,956  
Long-term debt, face amount 2,149,496 1,936,967  
Long-term debt, fair value 2,132,667 1,838,089  
Asset-specific debt, net      
Financial liabilities      
Long-term debt 997,746 1,224,841  
Long-term debt, face amount 999,810 1,228,110  
Long-term debt, fair value 996,308 1,218,639  
Secured term loans, net      
Financial liabilities      
Long-term debt 1,808,000 1,732,073  
Long-term debt, face amount 1,847,726 1,764,437  
Long-term debt, fair value 1,850,327 1,765,668  
Senior secured notes, net      
Financial liabilities      
Long-term debt 784,876 771,035  
Long-term debt, face amount 785,316 785,316  
Long-term debt, fair value 810,608 780,931  
Convertible notes, net      
Financial liabilities      
Long-term debt 264,745 263,616  
Long-term debt, face amount 266,157 266,157  
Long-term debt, fair value $ 264,286 $ 257,707