v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Net income (loss) $ 30,309 $ 7,315 $ 22,650 $ (277,028)
Other comprehensive (loss) income        
Reclassification adjustment for realized (gain) loss included in income as other income (70) 0 340 0
Amount of loss reclassified from other comprehensive income into income as an increase in provision for credit losses 0 0 71,022 0
Total other comprehensive (loss) income (84) 1,644 68,539 (4,872)
Comprehensive income (loss) 30,225 8,959 91,189 (281,900)
Comprehensive income allocated to non-controlling interest 27 3 59 3
Comprehensive income (loss) attributable to the Company 30,198 8,956 91,130 (281,903)
Unrealized gain (loss) on CMBS        
Other comprehensive (loss) income        
Unrealized gain (loss) 1,399 1,644 556 (4,872)
Unrealized loss on CLO subordinated note        
Other comprehensive (loss) income        
Unrealized gain (loss) $ (1,413) $ 0 $ (3,379) $ 0