Loans Held for Investment and the Allowance for Credit Losses - Schedule of Activity in Allowance for Credit Losses for Loans Held for Investment Portfolio by Class of Financing Receivable (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | |||||
|---|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
Dec. 31, 2025 |
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| Allowance for credit losses for loans held for investment: | |||||||
| Beginning balance, allowance for credit loss | [1] | $ 74,503 | |||||
| Reversal of credit losses, net | 3,277 | $ 5,202 | |||||
| Ending balance, allowance for credit loss | [1] | $ 77,750 | 77,750 | ||||
| Allowance for credit losses on unfunded loan commitments: | |||||||
| Beginning balance, allowance for credit loss | 2,920 | ||||||
| Ending balance, allowance for credit loss | 2,930 | 2,930 | |||||
| Total allowance for credit losses | 80,680 | $ 68,776 | 80,680 | 68,776 | $ 77,423 | ||
| Allowance for credit losses excluded | 700 | 600 | 700 | 600 | $ 600 | ||
| Senior loans | |||||||
| Allowance for credit losses for loans held for investment: | |||||||
| Beginning balance, allowance for credit loss | 74,033 | 64,721 | 74,503 | 61,558 | |||
| Reversal of credit losses, net | 3,717 | 2,236 | 3,247 | 5,399 | |||
| Ending balance, allowance for credit loss | 77,750 | 66,957 | 77,750 | 66,957 | |||
| Unfunded loan commitments | |||||||
| Allowance for credit losses on unfunded loan commitments: | |||||||
| Beginning balance, allowance for credit loss | 3,103 | 2,494 | 2,920 | 2,415 | |||
| Allowance for credit losses, net | (173) | (675) | 10 | (596) | |||
| Ending balance, allowance for credit loss | $ 2,930 | $ 1,819 | $ 2,930 | $ 1,819 | |||
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