v3.26.1
USE OF SPECIAL PURPOSE ENTITIES AND VARIABLE INTEREST ENTITIES - Narrative (Details)
Dec. 10, 2025
USD ($)
tranche
Jul. 12, 2023
USD ($)
Jun. 14, 2021
USD ($)
subsidiary
tranche
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Variable Interest Entity [Line Items]          
Number of newly formed subsidiaries | subsidiary     2    
Equity interest retained $ 43,100,000   $ 96,250,000    
Proceeds from issuance of long-term debt allocated to acquire additional loan obligations $ 5,800,000   $ 330,300,000    
Period to acquire additional loan obligations from closing date 180 days   180 days    
Collateralized loan obligation leverage ratio (as a percent) 0.88   0.83    
Initial weighted average spread 1.905% 3.14%      
Period of initial weighted average spread   30 days      
Commercial Real Estate Portfolio Segment          
Variable Interest Entity [Line Items]          
Face amount of debt       $ 1,140,268,217 $ 1,065,563,646
LMF 2023-1 Financing | Internal Investment Grade          
Variable Interest Entity [Line Items]          
Face amount of debt   $ 47,300,000      
LMF 2023-1 Financing | Internal Investment Grade | Private Placement          
Variable Interest Entity [Line Items]          
Face amount of debt   270,400,000      
LMF 2023-1 Financing | Multi-family | Commercial Real Estate Portfolio Segment | Internal Investment Grade          
Variable Interest Entity [Line Items]          
Face amount of debt   386,400,000      
Lument Finance Trust          
Variable Interest Entity [Line Items]          
Subordinated interest retained   $ 68,600,000      
Financing initial reinvestment period   2 years      
Collateralized Loan Obligations - LFT CRE 2021-FL1, Ltd.          
Variable Interest Entity [Line Items]          
Debt instrument, number of tranches | tranche     8    
Debt instrument, face amount     $ 903,800,000    
Initial investment period     2 years 6 months    
Proceeds from issuance of collateralized loan obligations     $ 1,000,000,000.0    
Collateralized Loan Obligations - LFT CRE 2021-FL1, Ltd. - Investment Grade          
Variable Interest Entity [Line Items]          
Debt instrument, face amount     833,800,000    
Collateralized Loan Obligations - LFT CRE 2021-FL1, Ltd. - Below Investment Grade          
Variable Interest Entity [Line Items]          
Debt instrument, face amount     $ 70,000,000    
Collateralized Loan Obligations - 2025-FL3          
Variable Interest Entity [Line Items]          
Debt instrument, number of tranches | tranche 8        
Debt instrument, face amount $ 620,700,000        
Initial investment period 2 years 6 months        
Proceeds from issuance of collateralized loan obligations $ 663,800,000        
Collateralized Loan Obligations - LFT CRE 2025-FL3, Ltd. - Investment Grade          
Variable Interest Entity [Line Items]          
Debt instrument, face amount 585,000,000.0        
Collateralized Loan Obligations - LFT CRE 2025-FL3, Ltd. - Below Investment Grade          
Variable Interest Entity [Line Items]          
Debt instrument, face amount $ 35,700,000