v3.26.1
Summary of Significant Accounting Policies (Details)
6 Months Ended 12 Months Ended
Jun. 30, 2026
USD ($)
real_estate_owned_asset
Jun. 30, 2026
USD ($)
loan
real_estate_owned_asset
Jun. 30, 2026
USD ($)
real_estate_owned_asset
security_loan
Jun. 30, 2026
USD ($)
real_estate_owned_asset
Dec. 31, 2025
USD ($)
real_estate_owned_asset
portfolio
Dec. 31, 2025
USD ($)
loan
real_estate_owned_asset
Dec. 31, 2025
USD ($)
real_estate_owned_asset
security_loan
Mar. 31, 2026
USD ($)
Sep. 30, 2025
USD ($)
Jun. 30, 2025
USD ($)
Mar. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Restricted cash $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0            
Number of REO assets classified as held for sale investment | real_estate_owned_asset 14 14 14 14 12 12 12            
Maximum guarantee $ 5,500,000 $ 5,500,000 $ 5,500,000 $ 5,500,000 $ 5,500,000 $ 5,500,000 $ 5,500,000            
Guarantee liability 32,000 32,000 32,000 32,000 32,000 32,000 32,000            
CECL reserve 397,835,000 $ 397,835,000 $ 397,835,000 397,835,000 284,440,000 $ 284,440,000 $ 284,440,000 $ 291,590,000   $ 740,851,000 $ 741,541,000 $ 733,936,000  
Number of loans   133 133     131 131            
Principal balance 17,334,730,000 $ 17,334,730,000 $ 17,334,730,000 17,334,730,000 $ 18,069,134,000 $ 18,069,134,000 $ 18,069,134,000            
Related Party                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Face amount of loans $ 286,700,000 $ 286,700,000 $ 286,700,000 $ 286,700,000         $ 606,000,000.0 $ 1,400,000,000      
Two Property Through Foreclosure                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Number of real estate owned assets | real_estate_owned_asset       2                  
Level 3 | Minimum | Capitalization rate                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Measurement input 0.049 0.049 0.049 0.049                  
Level 3 | Minimum | Discount rate                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Measurement input 0.093 0.093 0.093 0.093                  
Level 3 | Maximum | Capitalization rate                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Measurement input 0.085 0.085 0.085 0.085                  
Level 3 | Maximum | Discount rate                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Measurement input 0.150 0.150 0.150 0.150                  
Level 3 | Fair Value, Nonrecurring                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
CECL reserve $ 219,500,000 $ 219,500,000 $ 219,500,000 $ 219,500,000                  
Number of loans | loan   9                      
Principal balance $ 695,200,000 $ 695,200,000 $ 695,200,000 $ 695,200,000                  
Level 3 | Fair Value, Nonrecurring | Minimum | Capitalization rate                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Real estate owned, measurement input 0.058 0.058 0.058 0.058                  
Level 3 | Fair Value, Nonrecurring | Minimum | Discount rate                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Real estate owned, measurement input 0.080 0.080 0.080 0.080                  
Level 3 | Fair Value, Nonrecurring | Maximum | Capitalization rate                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Real estate owned, measurement input 0.065 0.065 0.065 0.065                  
Level 3 | Fair Value, Nonrecurring | Maximum | Discount rate                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Real estate owned, measurement input 0.110 0.110 0.110 0.110                  
Building                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Estimated useful lives (in years) 40 years                        
Land Improvements                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Estimated useful lives (in years) 15 years                        
Leasehold Improvements                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Estimated useful lives (in years) 10 years                        
Bank Loan Portfolio Joint Venture                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Ownership percentage 35.00% 35.00% 35.00% 35.00% 35.00% 35.00% 35.00%            
Number of loan portfolio acquired | portfolio         2                
Homebuilder Finance Joint Venture                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Ownership percentage 45.00% 45.00% 45.00% 45.00%                  
Net Lease Joint Venture                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Ownership percentage 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%            
Multifamily Joint Venture                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Ownership percentage                         85.00%
Multifamily Joint Venture | Walker & Dunlop                          
Accounts, Notes, Loans and Financing Receivable [Line Items]                          
Minority participation in senior term facility                         15.00%