v3.26.1
INVESTMENTS - Schedule of Summarized Financial Information (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Assets:          
Investments $ 5,333,053   $ 5,333,053   $ 640,581
Other assets 82,056   82,056   56,232
Total assets 6,446,563   6,446,563   1,139,323
Liabilities and equity:          
Debt, net 2,995,270   2,995,270   335,711
Other liabilities 5,141   5,141   821
Total liabilities 4,146,857   4,146,857   505,990
Total equity 565,301   565,301   633,333
Total liabilities and equity 6,446,563   6,446,563   1,139,323
Net investment income (loss) 617 $ 16,180 6,064 $ 19,988  
Realized and unrealized gain (loss) on investments (844) (555) (844) (555)  
Net income (loss) (30,127) 0 (30,127) 0  
Unconsolidated Joint Venture          
Assets:          
Investments 13,241,056   13,241,056   14,219,095
Other assets 1,503,693   1,503,693   4,898,492
Total assets 14,744,749   14,744,749   19,117,587
Liabilities and equity:          
Debt, net 2,952,344   2,952,344   5,840,024
Other liabilities 577,809   577,809   576,981
Total liabilities 3,530,153   3,530,153   6,417,005
Total equity 11,214,596   11,214,596   12,700,582
Total liabilities and equity 14,744,749   14,744,749   $ 19,117,587
Net investment income (loss) (58,951) (80,456) (97,639) (67,097)  
Realized and unrealized gain (loss) on investments (2,323) 80,960 92,638 (16,935)  
Net income (loss) $ (61,274) $ 504 $ (5,001) $ (84,032)