v3.26.3
Real Estate Securities - Schedule of Amortized Cost and Fair Value of CLO Bonds (Details) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost $ 187,900  
Unrealized (Loss) (900)  
Fair Value [1] 0 $ 151,662
CMBS Bonds    
Debt Securities, Available-for-sale [Line Items]    
Amortized Cost 187,900 151,946
Unrealized Gain   76
Unrealized (Loss) $ (900) (360)
Fair Value   $ 151,662
[1] Includes pledged assets of $0.0 million and $151.7 million as of September 30, 2026 and December 31, 2025, respectively.