v3.26.1
Transactions With Related Parties - Our Manager (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
Related Party Transaction [Line Items]          
Management fee payable $ 14,641   $ 14,641   $ 16,434
Non-cash compensation expense $ 6,675 $ 7,303 $ 13,362 $ 14,268  
Common stock, shares outstanding (in shares) 168,543,591   168,543,591   168,259,023
Restricted Class A Common Stock          
Related Party Transaction [Line Items]          
Number of shares of restricted class A common stock outstanding (in shares) 2,001,632   2,001,632   2,174,931
Restricted shares, vesting period (in years)     3 years    
Related Party          
Related Party Transaction [Line Items]          
Common stock, shares outstanding (in shares) 13,764,005   13,764,005    
Percentage of stock 8.20%   8.20%    
Subsidiary of Common Parent          
Related Party Transaction [Line Items]          
Common stock, shares outstanding (in shares) 8,916,412   8,916,412    
Percentage of stock 5.30%   5.30%    
Director | Deferred Stock Units          
Related Party Transaction [Line Items]          
Number of shares of restricted class A common stock outstanding (in shares) 369,548   369,548    
Manager | Related Party          
Related Party Transaction [Line Items]          
Renewal term (in years)     1 year    
Management fees paid to manager $ 14,800 17,200 $ 31,200 35,800  
Expenses $ 400 200 $ 800 400  
Manager | Related Party | Restricted Class A Common Stock          
Related Party Transaction [Line Items]          
Number of shares of restricted class A common stock outstanding (in shares) 1,008,941   1,008,941    
Aggregate grant fair value     $ 20,500    
Restricted shares, vesting period (in years)     3 years    
Non-cash compensation expense $ 3,500 $ 3,600 $ 7,000 $ 7,200  
BXMT Advisors Limited Liability Company and Affiliates | Related Party          
Related Party Transaction [Line Items]          
Management fee payable $ 14,600   $ 14,600   $ 16,400