v3.26.1
Loans Held-for-Investment, Net of Allowance for Credit Losses - Schedule of Loans by Property Type (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Mar. 31, 2026
Dec. 31, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Carrying Value $ 1,225,896 $ 1,362,799 $ 1,537,732 $ 1,671,311 $ 1,760,377 $ 1,897,648
Percentage of loan portfolio (as a percent) 100.00%   100.00%      
Office            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Carrying Value $ 595,333   $ 670,061      
Percentage of loan portfolio (as a percent) 48.60%   43.60%      
Multifamily            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Carrying Value $ 374,854   $ 480,737      
Percentage of loan portfolio (as a percent) 30.60%   31.30%      
Hotel            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Carrying Value $ 84,995   $ 106,208      
Percentage of loan portfolio (as a percent) 6.90%   6.90%      
Retail            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Carrying Value $ 15,214   $ 126,757      
Percentage of loan portfolio (as a percent) 1.20%   8.20%      
Industrial            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Carrying Value $ 114,007   $ 113,791      
Percentage of loan portfolio (as a percent) 9.30%   7.40%      
Other            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Carrying Value $ 41,493   $ 40,178      
Percentage of loan portfolio (as a percent) 3.40%   2.60%