v3.26.3
SECURED FINANCINGS - Schedule of Secured Financing Agreements (Details) - Line of Credit - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2026
Dec. 31, 2025
Debt Instrument [Line Items]    
Outstanding Face $ 512,944 $ 207,084
Carrying Value / Fair Value 512,944 207,084
Collateralized Debt Obligations    
Debt Instrument [Line Items]    
UPB 658,071 261,049
Fair Value 664,789 264,214
RTL-C Repurchase Agreement    
Debt Instrument [Line Items]    
Outstanding Face 160,723 135,182
Carrying Value / Fair Value $ 160,723 $ 135,182
Rate 2.30% 2.30%
Weighted Average Rate 5.90% 6.10%
RTL-C Repurchase Agreement | Collateralized Debt Obligations    
Debt Instrument [Line Items]    
UPB $ 211,173 $ 175,990
Fair Value $ 212,114 $ 176,584
Weighted Average Life (Years) 6 months 9 months 18 days
TRS-W Repurchase Agreement    
Debt Instrument [Line Items]    
Outstanding Face $ 350,732 $ 71,902
Carrying Value / Fair Value $ 350,732 $ 71,902
Rate 1.60% 1.60%
Weighted Average Rate 5.30% 5.40%
TRS-W Repurchase Agreement | Collateralized Debt Obligations    
Debt Instrument [Line Items]    
UPB $ 446,898 $ 85,059
Fair Value $ 451,175 $ 87,630
Weighted Average Life (Years) 4 years 6 months 5 years 3 months 18 days
Margin Finance Facility    
Debt Instrument [Line Items]    
Outstanding Face $ 1,489  
Carrying Value / Fair Value $ 1,489  
Rate 2.00%  
Weighted Average Rate 5.60%  
Margin Finance Facility | Collateralized Debt Obligations    
Debt Instrument [Line Items]    
Fair Value $ 1,500