v3.26.1
Loans Held for Investment, net - Loan Portfolio Statistics (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2026
USD ($)
loan
Dec. 31, 2025
USD ($)
loan
Mar. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Receivables [Abstract]        
Number of loans | loan 26 24    
Total loan commitments $ 775,958 $ 724,458    
Unfunded loan commitments 43,955 36,873    
Principal balance 732,003 687,585 $ 661,389 $ 610,811
Carrying value $ 720,601 $ 676,908    
Weighted average coupon rate 7.44% 7.52%    
Weighted average all in yield 7.84% 7.92%    
Weighted average floor 2.83% 2.81%    
Weighted average maximum maturity (years) 2 years 7 months 6 days 2 years 7 months 6 days    
Weighted average risk rating 2.8 2.8