v3.26.1
MORTGAGE LOAN RECEIVABLES - Provision for Loan Losses (Details)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
loan
Jun. 30, 2025
USD ($)
Dec. 31, 2025
USD ($)
loan
Allowance for Loan and Lease Losses [Roll Forward]          
Allowance for credit losses at beginning of period $ 47,109 $ 52,208 $ 47,137 $ 52,323 $ 52,323
Provision for (release of) current expected credit loss, net (14) (42) (42) (157)  
Allowance for credit losses at end of period 47,095 52,166 47,095 52,166 47,137
Amortized cost basis of loans on non-accrual status 64,074   64,074   129,679
Principal balance of loans on non-accrual status 50,700   50,700   123,900
Total mortgage loan receivables held for investment, net, at amortized cost          
Allowance for Loan and Lease Losses [Roll Forward]          
Allowance for credit losses at beginning of period     47,137 52,323 52,323
Allowance for credit losses at end of period 47,095 $ 52,166 47,095 52,166 47,137
Interest income on loans     0 $ 900  
One loan | Total mortgage loan receivables held for investment, net, at amortized cost          
Allowance for Loan and Lease Losses [Roll Forward]          
Amortized cost basis of loans on non-accrual status         $ 4,600
Number of nonaccrual loans | loan         1
One loan | Total mortgage loan receivables held for investment, net, at amortized cost | Second Hotel Loan          
Allowance for Loan and Lease Losses [Roll Forward]          
Amortized cost basis of loans on non-accrual status 50,700   $ 50,700    
Number of nonaccrual loans | loan     1    
One loan | Total mortgage loan receivables held for investment, net, at amortized cost | Second Office Loan          
Allowance for Loan and Lease Losses [Roll Forward]          
Amortized cost basis of loans on non-accrual status $ 13,400   $ 13,400    
Number of nonaccrual loans | loan     1    
One loan | Total mortgage loan receivables held for investment, net, at amortized cost | Multifamily Loan          
Allowance for Loan and Lease Losses [Roll Forward]          
Amortized cost basis of loans on non-accrual status         $ 61,300
Number of nonaccrual loans | loan         1
One loan | Total mortgage loan receivables held for investment, net, at amortized cost | Hotel Loan          
Allowance for Loan and Lease Losses [Roll Forward]          
Amortized cost basis of loans on non-accrual status         $ 11,900
Number of nonaccrual loans | loan         1
One loan | Total mortgage loan receivables held for investment, net, at amortized cost | Second Multifamily Loan          
Allowance for Loan and Lease Losses [Roll Forward]          
Amortized cost basis of loans on non-accrual status         $ 50,700
Number of nonaccrual loans | loan         1
One loan | Total mortgage loan receivables held for investment, net, at amortized cost | Office Loan          
Allowance for Loan and Lease Losses [Roll Forward]          
Amortized cost basis of loans on non-accrual status         $ 5,800
Number of nonaccrual loans | loan         1