v3.26.1
Consolidated Variable Interest Entities Assets and Liabilities, CMBS Trusts, at Fair Value - Schedule of Assets and Liabilities Included in Consolidated Balance Sheet (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
Commercial real estate loans, at fair value $ 4,081,204 $ 5,145,832
Commercial mortgage-backed securities, at fair value 660,342 1,198,332
Primary beneficiary    
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]    
Commercial real estate loans, at fair value 1,235,061 502,751
Accrued interest receivable 6,238 2,479
Commercial real estate loans, held-for-investment, net 1,241,299 505,230
Commercial mortgage-backed securities, at fair value 1,210,942 493,680
Accrued interest payable 5,975 2,380
Total Liabilities $ 1,216,917 $ 496,060