v3.26.1
Real Estate Securities - Schedule of Amortized Cost and Fair Value of CLO Bonds (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Debt Securities, Available-for-sale [Line Items]    
Fair Value [1] $ 187,247 $ 151,662
CMBS Bonds    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 187,905 151,946
Unrealized Gain 43 76
Unrealized (Loss) (701) (360)
Fair Value $ 187,247 $ 151,662
[1] Includes pledged assets of $187.2 million and $151.7 million as of June 30, 2026 and December 31, 2025, respectively.