Secured Debt Arrangements, Net - Schedule of Assets and Liabilities (Details) - USD ($) $ in Thousands |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Assets: | ||
| Cash and cash equivalents | $ 1,239,480 | $ 139,825 |
| Carrying value, net | 8,774,216 | |
| Other assets | 39,854 | 143,979 |
| Total Assets | 2,136,304 | 9,900,967 |
| Liabilities: | ||
| Total Liabilities | $ 881,444 | 8,044,877 |
| VIE | ||
| Assets: | ||
| Cash and cash equivalents | 1,325 | |
| Carrying value, net | 2,051,981 | |
| Other assets | 23,623 | |
| Total Assets | 2,076,929 | |
| Liabilities: | ||
| Secured debt arrangements, net (net of deferred financing costs of $1.1 million) | 1,542,817 | |
| Accounts payable, accrued expenses and other liabilities | 8,348 | |
| Total Liabilities | $ 1,551,165 |
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- Definition Accounts payable accrued expenses and other liabilities. No definition available.
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- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of cash and cash equivalent. Cash includes, but is not limited to, currency on hand, demand deposit with financial institution, and account with general characteristic of demand deposit. Cash equivalent includes, but is not limited to, short-term, highly liquid investment that is both readily convertible to known amount of cash and so near maturity that it presents insignificant risk of change in value because of change in interest rate. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of liability recognized for present obligation requiring transfer or otherwise providing economic benefit to others. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The balance represents the amount of loans that are secured by real estate mortgages, offset by the reserve to cover probable credit losses on the loan portfolio. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of assets classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Details
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