v3.26.3
Loans Receivable, net (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
USD ($)
loan
item
Sep. 30, 2025
USD ($)
loan
Sep. 30, 2026
USD ($)
loan
item
Sep. 30, 2025
USD ($)
loan
Dec. 31, 2025
USD ($)
item
Loan receivable          
Provision for (recovery of) credit losses $ 1,737 $ 1,025 $ 2,505 $ 5,671  
Performance-based commitments 128,400   128,400    
Risk Rating of 3 to 4          
Loan receivable          
Aggregate carrying value $ 29,300 $ 42,300 $ 29,300 $ 42,300  
Number of leasehold loans | loan 4 1 4 1  
Nonrelated party          
Loan receivable          
Aggregate carrying value [1] $ 70,753   $ 70,753   $ 46,088
Allowance for credit losses $ 883   $ 883   $ 328
Nonrelated party | Ground leases          
Loan receivable          
Number of mortgage loans | item 5   5   4
Aggregate outstanding principal balance $ 71,200   $ 71,200   $ 46,000
Aggregate carrying value $ 70,800   $ 70,800   46,100
Number of leasehold loans | item 5   5    
Accrued interest, average rate     6.18%    
Variable rate, basis spread 3.91%   3.91%    
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]     us-gaap:SecuredOvernightFinancingRateSofrMember    
Number of floating loans | item 4   4    
Allowance for credit losses $ 900   $ 900   300
Provision for (recovery of) credit losses 300 $ 0 400 $ 1,300  
Nonrelated party | Ground leases | Unfunded commitments          
Loan receivable          
Allowance for credit losses 900   900   $ 1,100
Provision for (recovery of) credit losses       $ 1,000  
Performance-based commitments $ 125,900   $ 125,900    
[1] Refer to Note 2 for details on the Company’s consolidated variable interest entities (“VIEs”).