v3.26.1
Derivatives - Schedule of Effect of Derivative Financial Instruments on Condensed Consolidated Statements of Operations (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Derivative Instruments, Gain (Loss) [Line Items]        
Unrealized (loss) gain $ (55,946) $ (243,204) $ (44,386) $ (610,041)
Unrealized gain (loss) on derivatives 29,593 (59,388) 50,471 (154,843)
Total (26,353) (302,592) 6,085 (764,884)
Gain reclassified to earnings 18,200   37,800  
Interest rate swaps – property debt        
Derivative Instruments, Gain (Loss) [Line Items]        
Unrealized (loss) gain (57,773) (231,099) (51,705) (578,706)
Realized gain (loss)     (1,618) 0
Unrealized gain (loss) on derivatives 29,593 (59,388) 50,471 (154,843)
Interest rate caps – property debt        
Derivative Instruments, Gain (Loss) [Line Items]        
Unrealized (loss) gain (2,683) (4,353) 1,147 (12,796)
Realized gain (loss)     0 (18)
Interest rate swaps – secured financings of investments in real estate debt        
Derivative Instruments, Gain (Loss) [Line Items]        
Unrealized (loss) gain 4,123 (645) 6,136 (7,239)
Foreign currency forward contract        
Derivative Instruments, Gain (Loss) [Line Items]        
Unrealized (loss) gain (177) (738) 112 (6,502)
Realized gain (loss) $ 564 $ (6,369) $ 1,542 $ (4,780)