Variable Interest Entity - Schedule of Variable Interest Entities (Details) - USD ($) $ in Thousands |
Jun. 30, 2026 |
Dec. 31, 2025 |
Jun. 30, 2025 |
|---|---|---|---|
| Assets | |||
| Real estate securities, at fair value | $ 149,439 | $ 103,668 | |
| Cash | 37,641 | 12,315 | $ 13,042 |
| Interest receivable | 2,736 | 1,016 | |
| Total assets | 957,678 | 497,809 | |
| Liabilities | |||
| Repurchase agreements, at fair value | 645,910 | 292,032 | |
| Due to affiliates | 13,566 | 9,512 | |
| Interest payable | 1,457 | 623 | |
| Accrued expenses and other liabilities | 1,107 | 1,128 | |
| Total liabilities | 689,920 | 312,048 | |
| Variable Interest Entity, Primary Beneficiary | |||
| Assets | |||
| Real estate securities, at fair value | 149,439 | 103,668 | |
| Cash | 2,569 | 3,731 | |
| Interest receivable | 492 | 334 | |
| Total assets | 152,500 | 107,733 | |
| Liabilities | |||
| Repurchase agreements, at fair value | 106,264 | 82,864 | |
| Due to affiliates | 38 | 0 | |
| Interest payable | 249 | 122 | |
| Accrued expenses and other liabilities | 42 | 0 | |
| Total liabilities | $ 106,593 | $ 82,986 |
| X | ||||||||||
- Definition Amount of expenses incurred but not yet paid nor invoiced, and liabilities classified as other. No definition available.
|
| X | ||||||||||
- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount, including accrued interest, to be repaid to counterparty to repurchase agreement when carrying amount or market value if higher, of security or other asset sold under repurchase agreement exceeds 10 percent of total assets. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- 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
|
| X | ||||||||||
- Definition Amount, after allowance for credit loss, of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), investment in debt security measured at amortized cost (held-to-maturity), and investment in debt security measured at fair value with change in fair value recognized in net income (trading). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Amount of interest payable on debt, including, but not limited to, trade payables. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Carrying amount as of the balance sheet date of interest earned but not received. Also called accrued interest or accrued interest receivable. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Amount of liability recognized for present obligation requiring transfer or otherwise providing economic benefit to others. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of liabilities classified as other. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|