v3.26.1
Consolidated Variable Interest Entities Assets and Liabilities, at Fair Value - Schedule of Assets and Liabilities of The Consolidated CMBS Trust (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Commercial mortgage loans, held for sale, measured at fair value [1] $ 251,842 $ 360,718
Accrued interest receivable 33,665 41,468
Total assets 6,383,846 6,057,250
Liabilities    
Interest payable 13,460 16,110
Total liabilities 4,834,613 4,436,025
Variable Interest Entity, Primary Beneficiary    
ASSETS    
Accrued interest receivable 14,654 18,302
Total assets 3,341,122 3,386,495
Liabilities    
Interest payable 7,829 8,857
Total liabilities 3,251,869 $ 3,131,903
Variable Interest Entity, Primary Beneficiary | CMBS Trust    
ASSETS    
Commercial mortgage loans, held for sale, measured at fair value 541,121  
Accrued interest receivable 2,896  
Total assets 544,017  
Liabilities    
Commercial mortgage-backed securities, at fair value 513,716  
Interest payable 2,703  
Total liabilities $ 516,419  
[1] Includes pledged assets of $818.5 million and $855.2 million as of June 30, 2026 and December 31, 2025, respectively.