v3.26.1
Commercial Mortgage Loans, Subordinate Loans and Other Lending Assets, Net - Schedule of Overall Statistics for Loan Portfolio (Details)
12 Months Ended
Dec. 31, 2025
USD ($)
Loan
Jun. 30, 2026
USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Number of loans | Loan 56  
Principal balance $ 8,812,970,000  
Carrying value, net 8,774,216,000 $ 0
Unfunded loan commitments [1] $ 1,037,765,000  
Weighted-average cash coupon [2] 6.50%  
Weighted-average remaining fully-extended term [3] 3 years 2 months 12 days  
Weighted-average expected term [4] 2 years 2 months 12 days  
Principal Balance    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Principal balance $ 9,204,060,000  
[1] Unfunded loan commitments are primarily funded to finance construction costs, tenant improvements, leasing commissions, or carrying costs. These future commitments are funded over the term of each loan, subject in certain cases to an expiration date.
[2] For floating rate loans, based on applicable benchmark rates as of the specified dates. For loans placed on nonaccrual, the interest rate used in calculating weighted-average cash coupon is 0%.
[3] Assumes all extension options are exercised.
[4] Expected term represents our estimated timing of repayments as of the specified dates. Excludes risk-rated five loans.