v3.26.1
Real Estate Owned - REO Assets and Liabilities (Details) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Assets [Abstract]    
Land $ 296,595 $ 296,595
Building 571,210 550,995
Furniture, fixtures, and equipment 32,213 29,795
Accumulated Depreciation (43,048) (34,438)
Total real estate owned, held for investment 856,970 842,947
Liabilities [Abstract]    
Loan Payable [1] 371,534 425,799
Repayments of mortgage loan 73,700  
Less: Deferred financing costs (106) (1,096)
Total debt related to real estate owned $ 371,428 $ 424,703
[1] The $73.7 million mortgage secured by the D.C. Hotel was repaid during the three months ended June 30, 2026.