v3.26.1
Fair Value Measurements - Schedule of Financial Assets and Liabilities on a Recurring Basis (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Jun. 13, 2023
Financial Assets:        
Loans receivable, at fair value $ 1,392,131 $ 828,215 $ 158,288 $ 0
Derivative instrument assets, at fair value 0 85    
Financial Liabilities:        
Secured financings, at fair value (1,392,131) (828,215)    
Level I [Member] | Fair Value, Recurring [Member]        
Financial Assets:        
Loans receivable, at fair value 0 0    
Derivative instrument assets, at fair value 0 0    
Total 0 0    
Financial Liabilities:        
Secured financings, at fair value 0 0    
Derivative instrument liabilities, at fair value 0 0    
Total 0 0    
Level II [Member] | Fair Value, Recurring [Member]        
Financial Assets:        
Loans receivable, at fair value 0 0    
Derivative instrument assets, at fair value 0 85    
Total 0 85    
Financial Liabilities:        
Secured financings, at fair value 0 0    
Derivative instrument liabilities, at fair value (2,645) 0    
Total (2,645) 0    
Level III [Member] | Fair Value, Recurring [Member]        
Financial Assets:        
Loans receivable, at fair value 1,392,131 828,215    
Derivative instrument assets, at fair value 0 0    
Total 1,392,131 828,215    
Financial Liabilities:        
Secured financings, at fair value (1,077,803) (619,787)    
Derivative instrument liabilities, at fair value 0 0    
Total $ (1,077,803) $ (619,787)