v3.26.1
Loans Held-for-Investment, Net of Allowance for Credit Losses - Schedule of Allowance for Credit Losses (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Loans Held-for-Investment    
Balance at beginning of period $ 145,912 $ 199,727
Provision for (benefit from) credit losses 1,086 2,193
Write-offs   (24,638)
Recoveries of previous write-offs 300  
Balance at end of period 147,298 177,282
Total Allowance for Credit Losses    
Balance at beginning of period 148,429 201,030
Provision for (benefit from) credit losses (216) 3,770
Write-off   (24,638)
Recoveries of previous write-offs 300  
Balance at end of period 148,513 180,162
Specific Reserve    
Loans Held-for-Investment    
Balance at beginning of period 104,466 154,687
Provision for (benefit from) credit losses 14,869 4,204
Write-offs   (24,638)
Recoveries of previous write-offs 300  
Balance at end of period 119,635 134,253
General Reserve    
Loans Held-for-Investment    
Balance at beginning of period 41,446 45,040
Provision for (benefit from) credit losses (13,783) (2,011)
Write-offs   0
Recoveries of previous write-offs 0  
Balance at end of period 27,663 43,029
Unfunded loan commitment    
Unfunded Loan Commitments    
Balance at beginning of period 2,517 1,303
Provision for (benefit from) credit losses (1,302) 1,577
Write-off   0
Recoveries of previous write-offs 0  
Balance at end of period $ 1,215 $ 2,880