v3.26.1
Commercial Mortgage Loans Held for Investment - Schedule of Allowance for Credit Losses (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Balance at Beginning of Year, Allowance for credit losses $ (3,952) $ (13,994)
Balance at Beginning of Year, Allowance for credit losses [1] 3,930  
(Provision for) reversal of credit losses (4,883) 1,496
Balance at End of Period, Allowance for credit losses (8,835) (12,498)
Balance at End of Period, Allowance for credit losses [1] 8,818  
Commercial Mortgage Loans    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Balance at Beginning of Year, Allowance for credit losses 3,930 13,898
(Provision for) reversal of credit losses (4,888) 1,481
Balance at End of Period, Allowance for credit losses 8,818 12,417
Unfunded Loan Commitments    
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]    
Balance at Beginning of Year, Allowance for credit losses [2] 22 96
(Provision for) reversal of credit losses [2] 5 15
Balance at End of Period, Allowance for credit losses [2] $ 17 $ 81
[1] First mortgage loans are first position mortgage loans and credit loans are mezzanine and subordinated loans.
[2] The reserve for expected credit losses related to unfunded loan commitments is recorded in “accrued expenses and other liabilities” on the consolidated balance sheets.