Equity Investments, at Fair Value - Schedule of Income From Multi-Family Preferred Equity Ownership Interests (Details) - Equity investments - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Schedule of Equity Method Investments [Line Items]
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests	$ (776)	$ 7,912	$ 20,462
Hudson Bridge Apartments, LLC - Series A, Briar Hill Apartments, LLC, Kings Glen Apartments, LLC, Flagstone Apartments, LLC, Brookfield Apartments II, LLC - Series B, and Silber JBSM Properties, LLC (collectively)
Schedule of Equity Method Investments [Line Items]
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests	1,433	1,070	1,234
Tides on 27th Investors, LLC
Schedule of Equity Method Investments [Line Items]
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests	(6,984)	(3,320)	2,513
Rapid City RMI JV LLC
Schedule of Equity Method Investments [Line Items]
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests	1,649	1,594	541
Lucie at Tradition Holdings, LLC
Schedule of Equity Method Investments [Line Items]
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests	2,176	3,355	2,841
EHOF-NYMT Sunset Apartments Preferred, LLC
Schedule of Equity Method Investments [Line Items]
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests	950	2,722	2,579
Syracuse Apartments and Townhomes, LLC
Schedule of Equity Method Investments [Line Items]
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests	0	2,422	2,691
Palms at Cape Coral, LLC
Schedule of Equity Method Investments [Line Items]
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests	0	69	751
FF/RMI 20 Midtown, LLC
Schedule of Equity Method Investments [Line Items]
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests	0	0	3,948
America Walks at Port St. Lucie, LLC
Schedule of Equity Method Investments [Line Items]
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests	0	0	2,244
1122 Chicago DE, LLC
Schedule of Equity Method Investments [Line Items]
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests	0	0	419
Bighaus, LLC
Schedule of Equity Method Investments [Line Items]
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests	$ 0	$ 0	$ 701