v3.26.1
CREDIT FACILITIES, NOTES PAYABLE AND REPURCHASE FACILITIES - Schedule of Debt (Details) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Short-Term and Long-Term Debt [Roll Forward]    
Deferred costs, Beginning Balance $ (110)  
Total debt, net, Beginning Balance 335,711  
Proceeds from Issuance of net Premiums Assumed in the Transactions (53,213)  
Deferred costs, Debt Assumed in the Transactions 0  
Total debt net Assumed in the Transactions 2,645,080  
Deferred costs, Debt Issuances & Assumptions 0  
Total debt, net, Debt Issuances & Assumptions 197,000  
Deferred costs, Repayments & Modifications 0  
Total debt, net, Repayments & Modifications (182,800)  
Deferred costs, Amortization 49  
Amortization, Total 279  
Total debt, Ending Balance 3,050,898  
Deferred costs, Ending Balance (61)  
Total debt, net, Ending Balance 2,995,270  
Net premiums (53,213)  
Corporate subsidiary borrowings:    
Short-Term and Long-Term Debt [Roll Forward]    
Total debt, Beginning Balance 318,300  
Total debt, net, Beginning Balance 315,716  
Debt Assumed in the Transactions 0  
Total debt net Assumed in the Transactions 0  
Debt Issuances & Assumptions 182,000  
Total debt, net, Debt Issuances & Assumptions 182,000  
Total debt, Repayments & Modifications (170,300)  
Total debt, net, Repayments & Modifications (170,300)  
Amortization, Total 230  
Total debt, Ending Balance 330,000  
Total debt, net, Ending Balance 327,646  
Corporate subsidiary borrowings: | Revolving credit facility    
Short-Term and Long-Term Debt [Roll Forward]    
Total debt, Beginning Balance 168,300  
Debt Assumed in the Transactions 0  
Debt Issuances & Assumptions 182,000  
Total debt, Repayments & Modifications (170,300)  
Total debt, Ending Balance 180,000  
Corporate subsidiary borrowings: | Senior notes    
Short-Term and Long-Term Debt [Roll Forward]    
Total debt, Beginning Balance 150,000  
Deferred costs, Beginning Balance (2,584)  
Debt Assumed in the Transactions 0  
Deferred costs, Debt Assumed in the Transactions 0  
Debt Issuances & Assumptions 0  
Deferred costs, Debt Issuances & Assumptions 0  
Total debt, Repayments & Modifications 0  
Deferred costs, Repayments & Modifications 0  
Deferred costs, Amortization 230  
Total debt, Ending Balance 150,000  
Deferred costs, Ending Balance (2,354)  
Mortgage payable    
Short-Term and Long-Term Debt [Roll Forward]    
Total debt, Beginning Balance 20,105  
Debt Assumed in the Transactions 0  
Debt Issuances & Assumptions 0  
Total debt, Repayments & Modifications 0  
Total debt, Ending Balance 20,105  
Notes payable – variable rate debt    
Short-Term and Long-Term Debt [Roll Forward]    
Total debt, Beginning Balance 0  
Debt Assumed in the Transactions 67,643  
Debt Issuances & Assumptions 0  
Total debt, Repayments & Modifications 0  
Total debt, Ending Balance 67,643  
ABS mortgage notes    
Short-Term and Long-Term Debt [Roll Forward]    
Total debt, Beginning Balance 0  
Debt Assumed in the Transactions 758,520  
Debt Issuances & Assumptions 0  
Total debt, Repayments & Modifications 0  
Total debt, Ending Balance 758,520  
Credit facilities    
Short-Term and Long-Term Debt [Roll Forward]    
Total debt, Beginning Balance 0  
Debt Assumed in the Transactions 232,500  
Debt Issuances & Assumptions 15,000  
Total debt, Repayments & Modifications (12,500)  
Total debt, Ending Balance 235,000  
Repurchase facilities    
Short-Term and Long-Term Debt [Roll Forward]    
Total debt, Beginning Balance 0  
Debt Assumed in the Transactions 1,639,630  
Debt Issuances & Assumptions 0  
Total debt, Repayments & Modifications 0  
Total debt, Ending Balance 1,639,630  
Strategic Holdings Borrowings:    
Short-Term and Long-Term Debt [Roll Forward]    
Deferred costs, Debt Assumed in the Transactions 2,645,080  
Deferred costs, Debt Issuances & Assumptions 15,000  
Deferred costs, Repayments & Modifications (12,500)  
Deferred costs, Amortization 49  
Unamortized discount (premium) and debt issuance costs, net (2,667,624) $ (19,995)
Strategic Holdings    
Short-Term and Long-Term Debt [Roll Forward]    
Total debt, Beginning Balance 20,105  
Debt Assumed in the Transactions 2,698,293  
Debt Issuances & Assumptions 15,000  
Total debt, Repayments & Modifications (12,500)  
Total debt, Ending Balance $ 2,720,898