v3.26.1
Loans and Allowance for Credit Losses - Activity in the Allowance for Credit Losses for Loans Held for Investment (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning balance     $ 193,000,000  
Provision $ 0 $ 30,000,000 16,000,000 $ 42,000,000
Ending balance 161,000,000   161,000,000  
Total        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning balance 179,000,000 186,000,000 203,000,000 183,000,000
Provision 0 30,000,000 16,000,000 42,000,000
Charge-offs (4,000,000) (24,000,000) (44,000,000) (33,000,000)
Ending balance 175,000,000 192,000,000 175,000,000 192,000,000
Commercial Loans        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning balance 39,000,000 65,000,000 69,000,000 68,000,000
Provision (16,000,000) 7,000,000 (6,000,000) 13,000,000
Charge-offs (4,000,000) (1,000,000) (44,000,000) (10,000,000)
Ending balance 19,000,000 71,000,000 19,000,000 71,000,000
Other Loans        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning balance 11,000,000 6,000,000 5,000,000 4,000,000
Provision (1,000,000) 1,000,000 5,000,000 3,000,000
Charge-offs 0 0 0 0
Ending balance 10,000,000 7,000,000 10,000,000 7,000,000
Other Loans | Fund Finance        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Ending balance 4,000,000 3,000,000 4,000,000 3,000,000
Other Loans | Other Loans        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Ending balance 3,000,000 1,000,000 3,000,000 1,000,000
Commercial Real Estate        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning balance 118,000,000 105,000,000 119,000,000 102,000,000
Provision 14,000,000 19,000,000 13,000,000 22,000,000
Charge-offs 0 (23,000,000) 0 (23,000,000)
Ending balance 132,000,000 101,000,000 132,000,000 101,000,000
Off-Balance Sheet Commitments        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning balance 9,000,000 10,000,000 8,000,000 9,000,000
Provision 3,000,000 2,000,000 4,000,000 3,000,000
Charge-offs 0 0 0 0
Ending balance 12,000,000 12,000,000 12,000,000 12,000,000
All Other        
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning balance 2,000,000 0 2,000,000 0
Provision 0 1,000,000 0 1,000,000
Charge-offs 0 0 0 0
Ending balance $ 2,000,000 $ 1,000,000 $ 2,000,000 $ 1,000,000