Investments in Real Estate Debt, at Fair Value - Schedule of Real Estate Investment (Details) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2026 |
Sep. 30, 2025 |
Sep. 30, 2026 |
Sep. 30, 2025 |
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| Investments [Abstract] | ||||
| Interest income | $ 76,310 | $ 106,881 | $ 229,164 | $ 339,758 |
| Unrealized (loss) gain | (12,300) | 37,331 | (3,633) | 119,164 |
| Realized loss | (4,575) | (2,607) | (6,134) | (17,326) |
| Total | 59,435 | 141,605 | 219,397 | 441,596 |
| Net realized and unrealized gain (loss) on derivatives | 288 | 1,124 | 1,942 | (10,158) |
| Net realized and unrealized gain (loss) on secured financings of investments in real estate debt | 409 | 375 | 77 | (17,310) |
| Other expense | (34) | (708) | (875) | (5,200) |
| Total income from investments in real estate debt | $ 60,098 | $ 142,396 | $ 220,541 | $ 408,928 |
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- Definition Debt Securities, Trading, Income (Loss) From Derivatives No definition available.
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- Definition Debt Securities, Trading, Income (Loss) From Investments In Read Estate Debt No definition available.
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- Definition Debt Securities, Trading, Income (Loss) From Secured Financings Of Investments In Real Estate Debt No definition available.
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- Definition Debt Securities, Trading, Other Loss No definition available.
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- Definition Amount of unrealized and realized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in net income (trading). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of realized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in net income (trading). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of unrealized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in net income (trading). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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