v3.26.1
MORTGAGE LOAN RECEIVABLES - Individually Impaired Loans (Details)
$ in Thousands
 6 Months Ended 12 Months Ended
Jun. 30, 2026
USD ($)
property
Dec. 31, 2025
USD ($)
property
loan
Financing Receivable, Credit Quality Indicator [Line Items]    
Total loans $ 2,790,138 $ 2,217,375 [1]
Subtotal loans, Year One 1,025,557 1,290,966
Subtotal loans, Year Two 1,266,915 149,129
Subtotal loans, Year Three 70,734 14,648
Subtotal loans, Year Four 0 90,004
Subtotal loans, Year Five and Earlier 426,932 672,628
Subtotal mortgage loans receivable 2,790,138 2,217,375
Individually impaired loans, Year One 0 0
Individually impaired loans, Year Two 0 0
Individually impaired loans, Year Three 0 0
Individually impaired loans, Year Four 0 0
Individually impaired loans, Year Five and Earlier 0 0
Individually impaired loans 0 0
Total loans, Year One 1,025,557 1,290,966
Total loans, Year Two 1,266,915 149,129
Total loans, Year Three 70,734 14,648
Total loans, Year Four 0 90,004
Total loans, Year Five and Earlier 426,932 672,628
Accrued interest receivable 12,700 10,600
Mortgage loan receivable with a borrower collateralized $ 2,770,248 $ 2,198,224
Mortgage loan receivable held for investment (percentage) 7.24% 7.71%
Portland, Oregon    
Financing Receivable, Credit Quality Indicator [Line Items]    
Write-off   $ 5,000
Number of properties acquired | loan   1
Multifamily    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year One $ 635,245 $ 959,214
Year Two 948,520 127,254
Year Three 48,877 14,648
Year Four 0 22,109
Year Five and Earlier 60,876 111,575
Total loans 1,693,518 $ 1,234,800
Loans collateralized by property, valuations used to calculate allowance | property   2
Office    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year One 245,767 $ 50,895
Year Two 53,677 0
Year Three 0 0
Year Four 0 55,950
Year Five and Earlier 294,147 484,565
Total loans 593,591 591,410
Office | Debt issuance costs included in mortgage loan financings    
Financing Receivable, Credit Quality Indicator [Line Items]    
Mortgage loan receivable with a borrower collateralized   $ 228,200
Mortgage loan receivable held for investment (percentage)   10.00%
Industrial    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year One 73,327 $ 137,915
Year Two 139,706 11,418
Year Three 11,441 0
Year Four 0 0
Year Five and Earlier 0 0
Total loans 224,474 149,333
Mixed Use    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year One 23,666 79,244
Year Two 61,136 0
Year Three 0 0
Year Four 0 0
Year Five and Earlier 33,106 33,111
Total loans 117,908 112,355
Retail    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year One 47,552 14,848
Year Two 14,876 10,457
Year Three 10,416 0
Year Four 0 0
Year Five and Earlier 24,160 24,121
Total loans 97,004 49,426
Other    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year One 0 48,850
Year Two 49,000 0
Year Three 0 0
Year Four 0 11,945
Year Five and Earlier 11,944 0
Total loans 60,944 60,795
Hospitality    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five and Earlier 2,699 19,256
Total loans $ 2,699 $ 19,256
Loans collateralized by property, valuations used to calculate allowance | property   1
Hospitality | Debt issuance costs included in mortgage loan financings    
Financing Receivable, Credit Quality Indicator [Line Items]    
Loans collateralized by property, valuations used to calculate allowance | loan   1
Hotel    
Financing Receivable, Credit Quality Indicator [Line Items]    
Loans collateralized by property, valuations used to calculate allowance | property 1  
Office    
Financing Receivable, Credit Quality Indicator [Line Items]    
Loans collateralized by property, valuations used to calculate allowance | property   1
Office | Portland, Oregon    
Financing Receivable, Credit Quality Indicator [Line Items]    
Capitalization rate   11.00%
[1] Includes amounts relating to consolidated variable interest entities. Refer to Note 2 and Note 6.