v3.26.1
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2026
Jun. 30, 2026
Dec. 31, 2025
Allowance for credit loss [1]   $ 54,457 $ 38,302
Common stock, par value per share (in dollars per share)   $ 0.01 $ 0.01
Common stock, shares authorized (in shares)   900,000,000 900,000,000
Common stock, shares issued (in shares)   75,436,265 81,553,982
Common stock, shares outstanding (in shares)   75,436,265 81,553,982
Pledged assets   $ 23,100 $ 20,200
Variable Interest Entity, Primary Beneficiary      
Allowance for credit loss   15,200 15,400
CLO cash held by servicer   $ 80,200 $ 50,500
Series H Preferred Stock      
Preferred stock, par value per share (in dollars per share)   $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares)   20,000 20,000
Preferred stock, shares outstanding (in shares)   17,950 17,950
Preferred stock, shares issued (in shares)   17,950 17,950
Series E Preferred Stock      
Preferred stock, par value per share (in dollars per share)   $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares)   100,000,000 100,000,000
Preferred stock, shares outstanding (in shares)   10,329,039 10,329,039
Preferred stock, shares issued (in shares)   10,329,039 10,329,039
Preferred stock dividend rate percentage 7.50% 7.50%  
Commercial Mortgage Receivable, Held-For-Investment      
Pledged assets   $ 818,500 $ 855,200
Commercial Mortgage Loans Held For Sale      
Pledged assets   243,400 329,200
CMBS Bonds      
Amortized cost   187,905 151,946
Pledged assets   $ 187,200 $ 151,700
[1] Includes pledged assets of $243.4 million and $329.2 million as of June 30, 2026 and December 31, 2025, respectively.