v3.26.3
Consolidated Variable Interest Entities Assets and Liabilities, at Fair Value - Schedule of Assets and Liabilities of The Consolidated CMBS Trust (Details) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
ASSETS    
Commercial mortgage loans, held for sale, measured at fair value [1] $ 373,181 $ 360,718
Accrued interest receivable 29,907 41,468
Total assets 6,025,138 6,057,250
Liabilities    
Interest payable 14,837 16,110
Total liabilities 4,583,003 4,436,025
Variable Interest Entity, Primary Beneficiary    
ASSETS    
Accrued interest receivable 15,640 18,302
Total assets 3,262,639 3,386,495
Liabilities    
Interest payable 8,267 8,857
Total liabilities 3,163,964 $ 3,131,903
Variable Interest Entity, Primary Beneficiary | CMBS Trust    
ASSETS    
Commercial mortgage loans, held for sale, measured at fair value 518,364  
Accrued interest receivable 2,895  
Total assets 521,259  
Liabilities    
Commercial mortgage-backed securities, at fair value 490,690  
Interest payable 2,703  
Total liabilities $ 493,393  
[1] Includes pledged assets of $647.9 million and $855.2 million as of September 30, 2026 and December 31, 2025, respectively.