v3.26.1
Loans and Investments - Schedule of Allowance for Credit Losses (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Allowance for credit losses:        
Allowance for credit losses, beginning balance $ 131,223 $ 240,937 $ 145,971 $ 238,967
Provision for credit losses (net of reversals) 39,589 17,484 43,049 23,454
Recoveries       (406)
Charge-offs (7,381) (15,143) (25,589) (18,737)
Allowance for credit losses, ending balance 163,431 243,278 163,431 243,278
Multifamily        
Allowance for credit losses:        
Allowance for credit losses, beginning balance 118,462 150,911 131,924 148,139
Provision for credit losses (net of reversals) 37,943 16,552 42,689 23,324
Recoveries       (406)
Charge-offs (7,381) (15,143) (25,589) (18,737)
Allowance for credit losses, ending balance 149,024 152,320 149,024 152,320
Charge-offs, foreclosed property 6,000 4,400 6,000 8,400
Single-Family Rental        
Allowance for credit losses:        
Allowance for credit losses, beginning balance 7,910 6,524 8,817 7,524
Provision for credit losses (net of reversals) 1,625 788 718 (212)
Recoveries       0
Charge-offs 0 0 0 0
Allowance for credit losses, ending balance 9,535 7,312 9,535 7,312
Retail        
Allowance for credit losses:        
Allowance for credit losses, beginning balance 2,903 3,293 2,903 3,293
Provision for credit losses (net of reversals) 0 0 0 0
Recoveries       0
Charge-offs 0 0 0 0
Allowance for credit losses, ending balance 2,903 3,293 2,903 3,293
Commercial        
Allowance for credit losses:        
Allowance for credit losses, beginning balance 1,700 1,700 1,700 1,700
Provision for credit losses (net of reversals) 0 0 0 0
Recoveries       0
Charge-offs 0 0 0 0
Allowance for credit losses, ending balance 1,700 1,700 1,700 1,700
Office        
Allowance for credit losses:        
Allowance for credit losses, beginning balance 248 509 251 181
Provision for credit losses (net of reversals) 21 (46) 18 282
Recoveries       0
Charge-offs 0 0 0 0
Allowance for credit losses, ending balance 269 463 269 463
Land        
Allowance for credit losses:        
Allowance for credit losses, beginning balance 0 78,000 376 78,130
Provision for credit losses (net of reversals) 0 190 (376) 60
Recoveries       0
Charge-offs 0 0 0 0
Allowance for credit losses, ending balance $ 0 $ 78,190 $ 0 $ 78,190