v3.26.1
BORROWINGS (Senior Secured Financing, Term Warehouse Financing Facilities and Mortgage Payable) (Details)
$ in Thousands
Mar. 31, 2026
USD ($)
Loan
Dec. 31, 2025
USD ($)
Loan
Debt Instrument [Line Items]    
Outstanding Borrowings $ 789,943 $ 1,343,859
Value of Collateral $ 1,221,379 $ 1,897,049
Weighted Average Interest Rate 5.58% 5.73%
Mortgage Payable | ReadyCap Commercial, LLC    
Debt Instrument [Line Items]    
Outstanding Borrowings $ 20,145 $ 20,185
Value of Collateral $ 26,964 $ 26,964
Number of Positions as Collateral | Loan 1 1
Weighted Average Interest Rate 7.47% 7.57%
CRE - Term Reinvestment Financing Facility | JP Morgan Chase Bank, N.A.    
Debt Instrument [Line Items]    
Outstanding Borrowings, Unamortized Issuance Costs and Discounts $ 709,206 $ 728,167
Value of Collateral $ 1,009,811 $ 1,009,622
Number of Positions as Collateral | Loan 33 34
Weighted Average Interest Rate 5.44% 5.50%
Senior Secured Financing Facility | Massachusetts Mutual Life Insurance Company    
Debt Instrument [Line Items]    
Outstanding Borrowings, Unamortized Issuance Costs and Discounts $ 41,654 $ 61,645
Value of Collateral $ 146,354 $ 166,526
Number of Positions as Collateral | Loan 4 5
Weighted Average Interest Rate 7.44% 7.53%
CRE - Term Warehouse Financing Facilities | JP Morgan Chase Bank, N.A.    
Debt Instrument [Line Items]    
Outstanding Borrowings $ 0 $ 116,488
Value of Collateral $ 0 $ 149,000
Number of Positions as Collateral | Loan 0 3
Weighted Average Interest Rate 0.00% 5.50%
CRE - Term Warehouse Financing Facilities | Morgan Stanley Mortgage Capital Holdings LLC    
Debt Instrument [Line Items]    
Outstanding Borrowings $ 18,938 $ 417,374
Value of Collateral $ 38,250 $ 544,937
Number of Positions as Collateral | Loan 1 12
Weighted Average Interest Rate 7.68% 5.55%