v3.26.1
DEBT - Narrative (Details)
$ in Millions
1 Months Ended 6 Months Ended
Jun. 30, 2024
Aug. 31, 2022
USD ($)
Jun. 30, 2026
USD ($)
securitization
facility
loanPool
Dec. 31, 2025
USD ($)
Jun. 29, 2024
Debt Instrument [Line Items]          
Guarantors beneficial interest (as a percent)     100.00%    
Mortgage loans | Rated secured borrowings          
Debt Instrument [Line Items]          
Number of securitizations outstanding | securitization     4    
Secured Debt          
Debt Instrument [Line Items]          
Debt issuance costs, net     $ 0.4 $ 0.7  
Senior notes          
Debt Instrument [Line Items]          
Basis points 1.00%        
Senior notes | Senior Notes Due 2027          
Debt Instrument [Line Items]          
Debt instrument, face amount   $ 110.0      
Interest rate (as a percent) 9.875% 8.875%     8.875%
Issuance amount, amount of par value (as a percent)   0.99009      
Debt instrument, term (in years)   5 years      
Proceeds from unsecured notes payable   $ 106.1      
Amount outstanding     110.0 110.0  
Net asset value covenant     240.0    
Net asset value, plus the greater covenant     $ 0.0    
Net equity capital (as a percent)     65.00%    
Outstanding indebtedness ratio     1.6    
Recourse indebtedness of equity interests ratio     4.0    
Minimum liquidity covenant     $ 30.0    
Notes Payable | Senior Notes Due 2027          
Debt Instrument [Line Items]          
Debt issuance costs, net     $ 1.1 $ 1.5  
Mortgage Loan Repurchase Facility | Mortgage loans          
Debt Instrument [Line Items]          
Number of outstanding facility | loanPool     1    
Mortgage Loan Repurchase Facility | Mortgage loans | Minimum          
Debt Instrument [Line Items]          
Percentage of purchase price for each mortgage loan or REO (as a percent)     75.00%    
Mortgage Loan Repurchase Facility | Mortgage loans | Maximum          
Debt Instrument [Line Items]          
Percentage of purchase price for each mortgage loan or REO (as a percent)     90.00%    
Residential Mortgage Loan Repurchase Facility | Commercial loans          
Debt Instrument [Line Items]          
Number of facilities repurchase | facility     1    
Residential Mortgage Loan Repurchase Facility | Commercial loans | Minimum          
Debt Instrument [Line Items]          
Percentage of purchase price for each mortgage loan or REO (as a percent)     65.00%    
Residential Mortgage Loan Repurchase Facility | Commercial loans | Maximum          
Debt Instrument [Line Items]          
Percentage of purchase price for each mortgage loan or REO (as a percent)     85.00%    
Residential Mortgage Loan Repurchase Facility | Secured Debt          
Debt Instrument [Line Items]          
Number of facilities repurchase | facility     6    
Servicing agreement | Minimum | Gregory          
Debt Instrument [Line Items]          
Servicing fee rate, loans securitization (as a percent)     0.42%