v3.26.1
Summary of Significant Accounting Policies - Narrative (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2026
USD ($)
Loan
Property
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
Property, Plant and Equipment [Line Items]      
Cash equivalents $ 288,240   $ 60,333
Restricted cash 1,420   32,229
Restricted cash equivalents $ 66,950   $ 0
Number of properties | Property 38    
Depreciation $ 11,197 $ 4,286  
Advance expenses reimbursement period 60 months    
Joint Venture      
Property, Plant and Equipment [Line Items]      
Interest in joint venture 95.00%    
Commercial Mortgage Loans      
Property, Plant and Equipment [Line Items]      
Number of loans | Loan 1