v3.26.1
Fair Value Measurements - Schedule of Loans Receivable Measurement Inputs (Details)
$ in Thousands
Mar. 31, 2026
USD ($)
Dec. 31, 2025
USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value $ 619,721 $ 372,276
Loans receivable, at fair value - Senior    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 613,812 367,996
Loans receivable, at fair value - Mezzanine    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 5,909 4,280
Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 619,721 372,276
Level 3 | Discounted Cash Flow | Loans receivable, at fair value - Senior    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 581,707 266,241
Level 3 | Discounted Cash Flow | Loans receivable, at fair value - Mezzanine    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 5,909 1,640
Level 3 | Recent Transaction | Loans receivable, at fair value - Senior    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 32,105 101,755
Level 3 | Recent Transaction | Loans receivable, at fair value - Mezzanine    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value $ 0 $ 2,640
Level 3 | Weighted Average | Discount Rate (interest spread) | Discounted Cash Flow | Loans receivable, at fair value - Senior    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Loans receivable, measurement input 0.0335 0.0339
Level 3 | Weighted Average | Discount Rate (interest spread) | Discounted Cash Flow | Loans receivable, at fair value - Mezzanine    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Loans receivable, measurement input 0.0915 0.1168
Level 3 | Minimum | Discount Rate (interest spread) | Discounted Cash Flow | Loans receivable, at fair value - Senior    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Loans receivable, measurement input 0.02 0.023
Level 3 | Minimum | Discount Rate (interest spread) | Discounted Cash Flow | Loans receivable, at fair value - Mezzanine    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Loans receivable, measurement input 0.0452 0.0702
Level 3 | Maximum | Discount Rate (interest spread) | Discounted Cash Flow | Loans receivable, at fair value - Senior    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Loans receivable, measurement input 0.0645 0.0649
Level 3 | Maximum | Discount Rate (interest spread) | Discounted Cash Flow | Loans receivable, at fair value - Mezzanine    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Loans receivable, measurement input 0.1543 0.1543