Loans Held for Investment and the Allowance for Credit Losses - Schedule of Overall Statistics for Loan Held for Investment Portfolio (Details) $ in Thousands |
6 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
|
Jun. 30, 2026
USD ($)
loan
|
Dec. 31, 2025
USD ($)
loan
|
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| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
| Number of loans | loan | 52 | 50 | ||
| Floating rate loans | 99.70% | 99.70% | ||
| Total loan commitment | $ 4,508,434 | $ 4,290,603 | ||
| Unpaid principal balance | 4,335,033 | 4,118,050 | ||
| Unfunded loan commitments | 174,803 | 173,595 | ||
| Amortized cost | [1] | $ 4,321,538 | $ 4,103,022 | |
| Weighted average credit spread | 3.10% | 3.20% | ||
| Weighted average all-in yield | 7.10% | 7.10% | ||
| Weighted average term to extended maturity (in years) | 3 years 1 month 6 days | 3 years | ||
| Accrued PIK interest | $ 1,400 | $ 1,000 | ||
| Percentage of loans subject to yield maintenance or other prepayment restrictions | 55.20% | |||
| Percentage of loans open to repayment by borrower without penalty | 44.80% | |||
| Subordinated and mezzanine loans | ||||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
| Number of loans | loan | 52 | 50 | ||
| Floating rate loans | 99.70% | 99.70% | ||
| Total loan commitment | $ 4,508,434 | $ 4,290,603 | ||
| Unpaid principal balance | 4,335,033 | 4,118,050 | ||
| Unfunded loan commitments | 174,803 | 173,595 | ||
| Amortized cost | $ 4,321,538 | $ 4,103,022 | ||
| Weighted average credit spread | 3.10% | 3.20% | ||
| Weighted average all-in yield | 7.10% | 7.10% | ||
| Weighted average term to extended maturity (in years) | 3 years 1 month 6 days | 3 years | ||
| Fixed Rate Contiguous Mezzanine Loans | ||||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
| Number of loans | loan | 1 | 1 | ||
| Fixed Rate Subordinate First Mortgage Loan | ||||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
| Number of loans | loan | 1 | |||
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