v3.26.1
Fair Value Measurements - Schedule of Loans Receivable Measurement Inputs (Details)
$ in Thousands
Jun. 30, 2026
USD ($)
Dec. 31, 2025
USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value $ 754,457 $ 372,276
Loans receivable, at fair value - Senior    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 747,313 367,996
Loans receivable, at fair value - Mezzanine    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 7,144 4,280
Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 754,457 372,276
Level 3 | Discounted Cash Flow | Loans receivable, at fair value - Senior    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 688,708 266,241
Level 3 | Discounted Cash Flow | Loans receivable, at fair value - Mezzanine    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 7,144 1,640
Level 3 | Recent Transaction | Loans receivable, at fair value - Senior    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value 58,605 101,755
Level 3 | Recent Transaction | Loans receivable, at fair value - Mezzanine    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair Value $ 0 $ 2,640
Level 3 | Weighted Average | Discount Rate (interest spread) | Discounted Cash Flow | Loans receivable, at fair value - Senior    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Loans receivable, measurement input 0.0337 0.0339
Level 3 | Weighted Average | Discount Rate (interest spread) | Discounted Cash Flow | Loans receivable, at fair value - Mezzanine    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Loans receivable, measurement input 0.1036 0.1168
Level 3 | Minimum | Discount Rate (interest spread) | Discounted Cash Flow | Loans receivable, at fair value - Senior    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Loans receivable, measurement input 0.02 0.023
Level 3 | Minimum | Discount Rate (interest spread) | Discounted Cash Flow | Loans receivable, at fair value - Mezzanine    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Loans receivable, measurement input 0.0477 0.0702
Level 3 | Maximum | Discount Rate (interest spread) | Discounted Cash Flow | Loans receivable, at fair value - Senior    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Loans receivable, measurement input 0.0693 0.0649
Level 3 | Maximum | Discount Rate (interest spread) | Discounted Cash Flow | Loans receivable, at fair value - Mezzanine    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Loans receivable, measurement input 0.1568 0.1543