v3.26.1
Fair Value of Financial Instruments - Schedule of Unobservable Inputs (Details) - Level 3
$ in Thousands
Jun. 30, 2026
USD ($)
yr
Primary beneficiary | Fair Value  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Consolidated variable interest entities assets, CMBS trusts, at fair value | $ $ 1,235,061
Consolidated variable interest entities liabilities, CMBS trusts, at fair value | $ 1,210,942
Discounted cash flow | Primary beneficiary | Fair Value  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Investments in CMBS securities | $ $ 26,800
Weighted Average | Yield | Discounted cash flow | Primary beneficiary  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Variable interest entity assets, CMBS trust, measurement input 0.063
Investments in CMBS securities, measurement input 0.103
Variable interest entity liabilities, CMBS trust, measurement input 0.063
Weighted Average | Duration (years) | Discounted cash flow | Primary beneficiary  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Variable interest entity assets, CMBS trust, measurement input 6.8
Investments in CMBS securities, measurement input 3.6
Variable interest entity liabilities, CMBS trust, measurement input 6.8
Minimum | Yield | Discounted cash flow | Primary beneficiary  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Variable interest entity assets, CMBS trust, measurement input 0.047
Investments in CMBS securities, measurement input 0.098
Variable interest entity liabilities, CMBS trust, measurement input 0.047
Minimum | Duration (years) | Discounted cash flow | Primary beneficiary  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Variable interest entity assets, CMBS trust, measurement input 1.5
Investments in CMBS securities, measurement input 3.5
Variable interest entity liabilities, CMBS trust, measurement input 1.5
Maximum | Yield | Discounted cash flow | Primary beneficiary  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Variable interest entity assets, CMBS trust, measurement input 0.355
Investments in CMBS securities, measurement input 0.108
Variable interest entity liabilities, CMBS trust, measurement input 0.355
Maximum | Duration (years) | Discounted cash flow | Primary beneficiary  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Variable interest entity assets, CMBS trust, measurement input 7.3
Investments in CMBS securities, measurement input 3.7
Variable interest entity liabilities, CMBS trust, measurement input 7.3
Commercial real estate loans, held-for-investment, net | Fair Value  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Commercial mortgage loans, held-for-investment, net, fair value | $ $ 4,090,859
Commercial real estate loans, held-for-investment, net | Capitalization rate | Direct Capitalization  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Commercial real estate loans, held-for-investment, measurement input 0.059
Commercial real estate loans, held-for-investment, net | Weighted Average | Discount margin | Discounted cash flow  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Commercial real estate loans, held-for-investment, measurement input 0.035
Commercial real estate loans, held-for-investment, net | Weighted Average | Capitalization rate | Discounted cash flow  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Commercial real estate loans, held-for-investment, measurement input 0.094
Commercial real estate loans, held-for-investment, net | Weighted Average | Capitalization rate | Direct Capitalization  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Commercial real estate loans, held-for-investment, measurement input 0.059
Commercial real estate loans, held-for-investment, net | Weighted Average | Discount rate | Discounted cash flow  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Commercial real estate loans, held-for-investment, measurement input 0.117
Commercial real estate loans, held-for-investment, net | Minimum | Discount margin | Discounted cash flow  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Commercial real estate loans, held-for-investment, measurement input 0.023
Commercial real estate loans, held-for-investment, net | Minimum | Capitalization rate | Discounted cash flow  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Commercial real estate loans, held-for-investment, measurement input 0.059
Commercial real estate loans, held-for-investment, net | Minimum | Discount rate | Discounted cash flow  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Commercial real estate loans, held-for-investment, measurement input 0.093
Commercial real estate loans, held-for-investment, net | Maximum | Discount margin | Discounted cash flow  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Commercial real estate loans, held-for-investment, measurement input 0.055
Commercial real estate loans, held-for-investment, net | Maximum | Capitalization rate | Discounted cash flow  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Commercial real estate loans, held-for-investment, measurement input 0.133
Commercial real estate loans, held-for-investment, net | Maximum | Discount rate | Discounted cash flow  
Fair Value, Option, Quantitative Disclosures [Line Items]  
Commercial real estate loans, held-for-investment, measurement input 0.149