v3.25.4
Secured Debt Arrangements - Summary of Borrowings Under Secured Debt Arrangements (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Debt Instrument [Line Items]    
Borrowings Outstanding $ 349,621 $ 139,985
Weighted Average Borrowing Costs 1.80%  
Less: Unamortized deferred financing costs $ (1,511) (1,065)
Total secured debt arrangements, net 348,110 138,920
JPM Repurchase Facility    
Debt Instrument [Line Items]    
Maximum Amount of Borrowings 400,000 250,000
Borrowings Outstanding $ 240,069 $ 139,985
Weighted Average Borrowing Costs 2.02% 2.42%
Maturity Date October 2028 October 2028
Barclays Repurchase Facility    
Debt Instrument [Line Items]    
Maximum Amount of Borrowings $ 500,000  
Borrowings Outstanding $ 69,535  
Weighted Average Borrowing Costs 1.75%  
Maturity Date July 2030  
BofA Repurchase Facility    
Debt Instrument [Line Items]    
Borrowings Outstanding $ 40,017  
Weighted Average Borrowing Costs 0.55%  
Maturity Date March 2026