v3.25.4
Loans Receivable, Net - Net Book Value, Total Loan Exposure and Net Loan Exposure of Loans Receivable Based on Internal Risk Ratings (Detail)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2025
security_loan
Dec. 31, 2025
USD ($)
loan
Dec. 31, 2025
USD ($)
security_loan
Dec. 31, 2024
USD ($)
loan
Dec. 31, 2023
USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]          
Number of loans 130 131 131 130  
Net Book Value   $ 18,069,134 $ 18,069,134 $ 19,047,518 $ 23,787,012
CECL reserve   (284,440) (284,440) (733,936) $ (576,936)
Loans receivable, net   17,784,694 17,784,694 18,313,582  
Net loan exposure   16,846,034 16,846,034 17,034,303  
Cost-recovery proceeds   24,500 24,500 106,700  
Loan participations sold   0 0 100,064  
Junior Loan Participation          
Financing Receivable, Credit Quality Indicator [Line Items]          
Loan participations sold       100,064  
Asset-specific debt, net          
Financing Receivable, Credit Quality Indicator [Line Items]          
Principal balance   $ 999,810 999,810 $ 1,228,110  
1          
Financing Receivable, Credit Quality Indicator [Line Items]          
Number of loans | loan   3   11  
Net Book Value   $ 303,971 303,971 $ 1,919,280  
Net loan exposure   $ 302,564 302,564 $ 994,056  
2          
Financing Receivable, Credit Quality Indicator [Line Items]          
Number of loans | loan   20   21  
Net Book Value   $ 2,875,870 2,875,870 $ 3,346,881  
Net loan exposure   $ 2,704,222 2,704,222 $ 3,349,347  
3          
Financing Receivable, Credit Quality Indicator [Line Items]          
Number of loans | loan   85   65  
Net Book Value   $ 11,907,947 11,907,947 $ 9,246,692  
Net loan exposure   $ 11,045,913 11,045,913 $ 8,818,346  
4          
Financing Receivable, Credit Quality Indicator [Line Items]          
Number of loans | loan   17   20  
Net Book Value   $ 2,806,758 2,806,758 $ 2,707,104  
Net loan exposure   $ 2,705,706 2,705,706 $ 2,622,877  
5          
Financing Receivable, Credit Quality Indicator [Line Items]          
Number of loans | loan   6   13  
Net Book Value   $ 174,588 174,588 $ 1,827,561  
Net loan exposure   $ 87,629 $ 87,629 $ 1,249,677