v3.26.1
Commercial Real Estate Loan Investments - Schedule of Investments in Commercial Real Estate Loans (Details) - Commercial real estate loan investments - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Fair Value, Option, Quantitative Disclosures [Line Items]    
Loan amount $ 5,575,099 $ 5,055,649
Principal Balance Outstanding 5,193,289 4,695,199
Fair Value $ 5,200,218 $ 4,702,728
Weighted Average Interest Rate (in percent) 6.33% 6.43%
Weighted Average Life (years) 3 years 10 months 2 days 3 years 10 months 28 days
Senior loans    
Fair Value, Option, Quantitative Disclosures [Line Items]    
Loan amount $ 5,545,099 $ 5,025,649
Principal Balance Outstanding 5,167,516 4,670,191
Fair Value $ 5,174,445 $ 4,677,720
Weighted Average Interest Rate (in percent) 6.30% 6.40%
Weighted Average Life (years) 3 years 10 months 2 days 3 years 10 months 28 days
Mezzanine loans    
Fair Value, Option, Quantitative Disclosures [Line Items]    
Loan amount $ 30,000 $ 30,000
Principal Balance Outstanding 25,773 25,008
Fair Value $ 25,773 $ 25,008
Weighted Average Interest Rate (in percent) 12.00% 12.00%
Weighted Average Life (years) 3 years 7 months 2 days 3 years 10 months 2 days