v3.26.1
LOANS HELD-FOR-INVESTMENT - Schedule of Statistics (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2025
USD ($)
loan
Dec. 31, 2024
USD ($)
loan
Dec. 31, 2023
USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | loan 78    
Net book value $ 3,454,589 $ 3,370,877 $ 4,264,465
Loans receivable with variable rate of interest 91.10%    
Unfunded Loan Commitment      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Unfunded loan commitments $ 217,300    
CRE Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | loan 35 33  
Principal balance $ 3,377,417 $ 3,483,454  
Net book value $ 3,074,451 $ 3,085,104 3,539,111
Weighted-average interest rate 7.00% 7.70%  
Weighted-average maximum years to maturity 2 years 6 months 2 years 3 months 18 days  
CRE Loans | Unfunded Loan Commitment      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Unfunded loan commitments $ 165,818 $ 217,907  
Liquid corporate senior loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | loan 8 15  
Principal balance $ 27,386 $ 42,717  
Net book value $ 22,664 $ 35,653 518,252
Weighted-average interest rate 10.00% 9.90%  
Weighted-average maximum years to maturity 3 years 3 years 8 months 12 days  
Corporate Senior Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans | loan 35 20  
Principal balance $ 368,341 $ 258,816  
Net book value $ 357,474 $ 250,120 $ 207,102
Weighted-average interest rate 9.50% 10.50%  
Weighted-average maximum years to maturity 3 years 3 years 6 months  
Corporate Senior Loans | Unfunded Loan Commitment      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Unfunded loan commitments $ 51,464 $ 43,750