v3.26.1
COMMERCIAL MORTGAGE LOANS HELD-FOR-INVESTMENT - Additional Information (Details)
1 Months Ended 12 Months Ended
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
loan
Dec. 31, 2024
USD ($)
loan
contract
Sep. 30, 2025
USD ($)
subsidiary
loan
Jun. 30, 2025
USD ($)
subsidiary
Financing Receivable, Allowance for Credit Loss [Line Items]          
Average risk rate   3.2 3.5    
Increase in allowance for credit loss   $ 11,300,000      
CECL reserve   $ 22,658,121 $ 11,377,774    
Minimum          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Capitalization rate assumption percentage   5.50%      
Maximum          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Capitalization rate assumption percentage   8.60%      
Risk Rating, 5          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Unpaid principal balance of default risk loans   $ 117,400,000      
Amortized cost of default risk loans   98,200,000      
Fair value of default risk loans   98,700,000      
Risk Rating, 5 | Dallas, TX          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Outstanding principal balance $ 31,900,000        
Principal payment amount $ 2,000,000.0        
Term extension period 2 years        
Risk Rating, 5 | Dallas, TX | Minimum          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Credit spread percentage 3.40%        
Risk Rating, 5 | Dallas, TX | Maximum          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Credit spread percentage 3.90%        
Commercial Real Estate Portfolio Segment | Multifamily          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Commercial loans, specific allowance   17,600,000 3,800,000    
Interest received   $ 800,000 $ 800,000    
Commercial Real Estate Portfolio Segment | Risk Rating, 3          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Average risk rating, percentage   81.60% 63.70%    
Commercial loans that paid off   $ 208,200,000      
Commercial loans funded   306,800,000      
Transition of commercial loans held for sale to a lower risk rating   114,500,000      
Transition of commercial loans held for sale to a risk rating two steps lower   49,200,000      
Commercial loans held for sale foreclosed and moved to REO   35,700,000      
Commercial Real Estate Portfolio Segment | Risk Rating, 2          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Commercial loans that paid off   27,100,000      
Commercial loans funded   96,100,000      
Transition of commercial loans held for sale to a lower risk rating   34,300,000      
Commercial Real Estate Portfolio Segment | Risk Rating, 4          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Commercial loans that paid off   23,200,000      
Transition of commercial loans held for sale to a higher risk rating   42,900,000      
Commercial loans held for sale foreclosed and moved to REO   11,500,000      
Commercial Real Estate Portfolio Segment | Risk Rating, 5          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Commercial loans that paid off   8,100,000      
Commercial loans funded   900,000      
Transition of commercial loans held for sale to a higher risk rating   77,200,000      
Transition of commercial loans held for sale to a risk rating two steps higher   13,700,000      
Commercial loans held for sale foreclosed and moved to REO   15,400,000      
Commercial Real Estate Portfolio Segment | Risk Rating, 5 | Multifamily          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Interest received   300,000      
Commercial Real Estate Portfolio Segment | Risk Rating, 5 | Philadelphia, PA | Multifamily          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Commercial loans, specific allowance   $ 1,300,000      
Number of loans collateralized | loan   1      
Number of impaired office loans | loan   2      
Commercial loans, held-for-investment, unpaid principal value   $ 15,500,000      
Commercial Real Estate Portfolio Segment | Risk Rating, 5 | Arlington, TX | Multifamily          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Commercial loans, specific allowance   $ 3,600,000      
Number of loans collateralized | loan   2      
Number of impaired office loans | loan   2      
Commercial Real Estate Portfolio Segment | Risk Rating, 5 | Cedar Park, TX | Multifamily          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Commercial loans, specific allowance   $ 0      
Commercial loans, held-for-investment, unpaid principal value   35,500,000      
Commercial Real Estate Portfolio Segment | Risk Level, Monetary Default Default Risk | Philadelphia, PA | Multifamily          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Commercial loans, specific allowance     $ 100,000    
Number of loans collateralized | loan     3    
Number of impaired office loans | loan     4    
Commercial Real Estate Portfolio Segment | Risk Level, Monetary Default Default Risk | Colorado Springs, CO | Multifamily          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Commercial loans, specific allowance   $ 2,400,000 $ 1,100,000    
Number of loans collateralized | loan   1      
Commercial loans, held-for-investment, unpaid principal value   $ 10,500,000 45,100,000    
Commercial Real Estate Portfolio Segment | Risk Level, Monetary Default Default Risk | Des Moines, IA | Multifamily          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Commercial loans, specific allowance   $ 500,000      
Number of loans collateralized | loan   4      
Number of impaired office loans | loan   4      
Commercial Real Estate Portfolio Segment | Risk Level, Monetary Default Default Risk | Tampa, FL | Multifamily          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Commercial loans, specific allowance   $ 900,000      
Commercial Real Estate Portfolio Segment | Risk Level, Monetary Default Default Risk | Tallahassee, FL | Multifamily          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Commercial loans, specific allowance   3,000,000.0      
Commercial Real Estate Portfolio Segment | Risk Level, Monetary Default Default Risk | Ypsilanti, MI | Multifamily          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Commercial loans, specific allowance   5,900,000      
Commercial loans, held-for-investment, unpaid principal value   $ 55,800,000      
Commercial Real Estate Portfolio Segment | Risk Level, Monetary Default Default Risk | Orlando, FL | Multifamily          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Commercial loans, specific allowance     400,000    
Commercial Real Estate Portfolio Segment | Risk Level, Monetary Default Default Risk | Polk Country, FL | Multifamily          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Commercial loans, specific allowance     $ 600,000    
Number of loans collateralized | loan     1    
Commercial loans, held-for-investment, unpaid principal value     $ 6,100,000    
Number of health properties | contract     2    
Commercial Real Estate Portfolio Segment | Risk Level, Monetary Default Default Risk | Dallas, TX | Multifamily          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Commercial loans, specific allowance     $ 0    
Number of loans collateralized | loan     2    
Number of impaired office loans | loan     2    
Commercial Real Estate Portfolio Segment | Risk Level, Monetary Default Default Risk | San Antonio, TX | Multifamily          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Commercial loans, specific allowance     $ 1,600,000 $ 200,000 $ 2,400,000
Number of loans collateralized | loan       2  
Number of impaired office loans | loan       2  
Commercial loans, held-for-investment, unpaid principal value     $ 47,000,000.0 $ 35,700,000 15,400,000
Number of subsidiaries formed | subsidiary       2  
Commercial Real Estate Portfolio Segment | Risk Level, Monetary Default Default Risk | Houston, TX | Multifamily          
Financing Receivable, Allowance for Credit Loss [Line Items]          
Commercial loans, specific allowance         500,000
Commercial loans, held-for-investment, unpaid principal value         $ 11,500,000
Number of subsidiaries formed | subsidiary         2