v3.26.3
Derivatives - Schedule of Fair Value of Derivative Financial Instruments (Details) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Derivatives, Fair Value [Line Items]    
Fair Value of Derivatives in an Asset Position $ 1,167,760 $ 960,328
Fair Value of Derivatives in a Liability Position 14,082 24,274
Interest rate cap 99,100 25,300
Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Fair Value of Derivatives in an Asset Position 236,523 118,808
Fair Value of Derivatives in a Liability Position 0 748
Non-designated Hedges    
Derivatives, Fair Value [Line Items]    
Fair Value of Derivatives in an Asset Position 911,237 841,520
Fair Value of Derivatives in a Liability Position 14,082 23,526
Total interest rate and foreign currency derivatives    
Derivatives, Fair Value [Line Items]    
Fair Value of Derivatives in an Asset Position 1,147,760 960,328
Fair Value of Derivatives in a Liability Position 14,082 24,274
Interest rate swaps – property debt | Designated as Hedging Instrument    
Derivatives, Fair Value [Line Items]    
Fair Value of Derivatives in an Asset Position 236,523 118,808
Fair Value of Derivatives in a Liability Position 0 748
Interest rate swaps – property debt | Non-designated Hedges    
Derivatives, Fair Value [Line Items]    
Fair Value of Derivatives in an Asset Position 851,885 827,557
Fair Value of Derivatives in a Liability Position 0 3,728
Interest rate caps – property debt | Non-designated Hedges    
Derivatives, Fair Value [Line Items]    
Fair Value of Derivatives in an Asset Position 39,849 12,642
Fair Value of Derivatives in a Liability Position 14,080 10,854
Interest rate swaps – secured financings of investments in real estate debt | Non-designated Hedges    
Derivatives, Fair Value [Line Items]    
Fair Value of Derivatives in an Asset Position 19,284 201
Fair Value of Derivatives in a Liability Position 2 7,764
Foreign currency forward contracts | Non-designated Hedges    
Derivatives, Fair Value [Line Items]    
Fair Value of Derivatives in an Asset Position 219 1,120
Fair Value of Derivatives in a Liability Position 0 1,180
Credit default swap    
Derivatives, Fair Value [Line Items]    
Fair Value of Derivatives in an Asset Position 20,000 0
Fair Value of Derivatives in a Liability Position $ 0 $ 0