v3.25.4
Commercial Mortgage Loans - Schedule of Asset Specific CECL Reserve (Parenthetical) (Details)
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Jul. 01, 2025
USD ($)
Sep. 30, 2025
USD ($)
Jul. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Sep. 30, 2024
USD ($)
Dec. 31, 2025
USD ($)
Rating
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Oct. 28, 2025
USD ($)
Financing Receivable, Credit Quality Indicator [Line Items]                  
Loan written off [1],[2]           $ 5,380,000      
Net realized loss (gain) on disposition of commercial loans   $ 8,413,000     $ 929,000 (7,883,000) $ 929,000 $ 0  
Asset specific CECL reserve       $ 7,219,000   942,000 $ 7,219,000    
Las Vegas, NV Loan                  
Financing Receivable, Credit Quality Indicator [Line Items]                  
Mortgage loans on real estate maturity date Dec. 31, 2025                
Las Vegas, NV Loan | Forbearance and Modification Agreement                  
Financing Receivable, Credit Quality Indicator [Line Items]                  
Loan balance plus all accrued and unpaid interest and lender fees $ 2,250,000                
Payment received from borrower     $ 500,000            
Loan written off           $ 5,380,000      
Memphis, TN Loan                  
Financing Receivable, Credit Quality Indicator [Line Items]                  
Mortgage loans on real estate maturity date           Nov. 09, 2026      
Principal balance paid down       $ 5,072,000          
Memphis, TN Loan | Discounted Payoff Agreement                  
Financing Receivable, Credit Quality Indicator [Line Items]                  
Loan Settled with full satisfication of all obligations                 $ 1,678,000
San Diego, CA Loan                  
Financing Receivable, Credit Quality Indicator [Line Items]                  
Mortgage loans on real estate, outstanding           $ 13,626,000      
Mortgage loans on real estate maturity date           May 09, 2026      
Risk rating for commercial mortgage loans held for investment and real estate securities | Rating           3      
Asset specific CECL reserve           $ 0      
San Diego, CA Loan | Unfunded Loan Commitments                  
Financing Receivable, Credit Quality Indicator [Line Items]                  
Mortgage loans on real estate, outstanding           153,000      
Arlington, TX Loan                  
Financing Receivable, Credit Quality Indicator [Line Items]                  
Mortgage loans on real estate, outstanding           $ 24,081,000      
Mortgage loans on real estate maturity date           Dec. 09, 2026      
Risk rating for commercial mortgage loans held for investment and real estate securities | Rating           3      
Asset specific CECL reserve           $ 0      
Arlington, TX Loan | Unfunded Loan Commitments                  
Financing Receivable, Credit Quality Indicator [Line Items]                  
Mortgage loans on real estate, outstanding           0      
Honolulu, HI Loan                  
Financing Receivable, Credit Quality Indicator [Line Items]                  
Mortgage loans on real estate, outstanding           $ 12,700,000      
Mortgage loans on real estate maturity date           Feb. 09, 2026      
Principal balance paid down           $ 750,000      
Risk rating for commercial mortgage loans held for investment and real estate securities | Rating           4      
Asset specific CECL reserve           $ 0      
Honolulu, HI Loan | Unfunded Loan Commitments                  
Financing Receivable, Credit Quality Indicator [Line Items]                  
Mortgage loans on real estate, outstanding           $ 0      
Mangonia Park, FL Loan                  
Financing Receivable, Credit Quality Indicator [Line Items]                  
Mortgage loans on real estate maturity date           Apr. 09, 2025      
Converse, TX Loan                  
Financing Receivable, Credit Quality Indicator [Line Items]                  
Mortgage loans on real estate, outstanding           $ 24,946,000      
Mortgage loans on real estate maturity date           May 09, 2026      
Risk rating for commercial mortgage loans held for investment and real estate securities | Rating           3      
Asset specific CECL reserve           $ 942,000      
Converse, TX Loan | Unfunded Loan Commitments                  
Financing Receivable, Credit Quality Indicator [Line Items]                  
Mortgage loans on real estate, outstanding           $ 0      
[1] Relates to write-off of a loan. See “Asset-Specific CECL Reserve” section below for further information.
[2] Relates to write-off of a loan. See Note 3 for further information.