v3.26.1
Loans Held-for-Investment, Net of Allowance for Credit Losses - Schedule of Loans Held-for-Investment by Geographic Location (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%      
Northeast            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Carrying Value $ 342,663   $ 384,371      
Percentage of loan portfolio (as a percent) 28.00%   25.00%      
Southwest            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Carrying Value $ 330,010   $ 330,382      
Percentage of loan portfolio (as a percent) 26.90%   21.50%      
West            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Carrying Value $ 117,619   $ 233,741      
Percentage of loan portfolio (as a percent) 9.60%   15.20%      
Midwest            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Carrying Value $ 108,208   $ 259,115      
Percentage of loan portfolio (as a percent) 8.80%   16.90%      
Southeast            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Carrying Value $ 327,396   $ 330,123      
Percentage of loan portfolio (as a percent) 26.70%   21.40%