v3.26.1
BORROWINGS (Senior Secured Financing, Term Warehouse Financing Facilities and Mortgage Payable) (Details)
$ in Thousands
Jun. 30, 2026
USD ($)
Loan
Dec. 31, 2025
USD ($)
Loan
Debt Instrument [Line Items]    
Outstanding Borrowings $ 708,191 $ 1,343,859
Value of Collateral $ 1,102,802 $ 1,897,049
Weighted Average Interest Rate 5.55% 5.73%
Mortgage Payable | HGM CRE LP    
Debt Instrument [Line Items]    
Outstanding Borrowings $ 20,904  
Value of Collateral $ 26,970  
Number of Positions as Collateral | Loan 1  
Weighted Average Interest Rate 7.25%  
Mortgage Payable | ReadyCap Commercial, LLC    
Debt Instrument [Line Items]    
Outstanding Borrowings   $ 20,185
Value of Collateral   $ 26,964
Number of Positions as Collateral | Loan   1
Weighted Average Interest Rate   7.57%
CRE - Term Reinvestment Financing Facility | JP Morgan Chase Bank, N.A.    
Debt Instrument [Line Items]    
Outstanding Borrowings, Unamortized Issuance Costs and Discounts $ 622,766 $ 728,167
Value of Collateral $ 917,369 $ 1,009,622
Number of Positions as Collateral | Loan 30 34
Weighted Average Interest Rate 5.40% 5.50%
Senior Secured Financing Facility | Massachusetts Mutual Life Insurance Company    
Debt Instrument [Line Items]    
Outstanding Borrowings, Unamortized Issuance Costs and Discounts $ 56,398 $ 61,645
Value of Collateral $ 147,861 $ 166,526
Number of Positions as Collateral | Loan 4 5
Weighted Average Interest Rate 7.48% 7.53%
CRE - Term Warehouse Financing Facilities | JP Morgan Chase Bank, N.A.    
Debt Instrument [Line Items]    
Outstanding Borrowings   $ 116,488
Value of Collateral   $ 149,000
Number of Positions as Collateral | Loan   3
Weighted Average Interest Rate   5.50%
CRE - Term Warehouse Financing Facilities | Morgan Stanley Mortgage Capital Holdings LLC    
Debt Instrument [Line Items]    
Outstanding Borrowings $ 8,123 $ 417,374
Value of Collateral $ 10,602 $ 544,937
Number of Positions as Collateral | Loan 0 12
Weighted Average Interest Rate 5.27% 5.55%