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Goodwill and Intangibles (Tables)
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangibles Assets
The following table summarizes our intangible assets, which are comprised of servicing rights intangibles and lease intangibles, as of December 31, 2025 and 2024 (amounts in thousands):
As of December 31, 2025As of December 31, 2024
Gross Carrying
Value		Accumulated
Amortization		Net Carrying
Value		Gross Carrying
Value		Accumulated
Amortization		Net Carrying
Value
Domestic servicing rights, at fair value
$28,280 $— $28,280 $22,390 $— $22,390 
In-place lease intangible assets
399,387 (73,986)325,401 93,826 (70,569)23,257 
Favorable lease intangible assets
95,943 (13,565)82,378 27,798 (12,741)15,057 
Total net intangible assets$523,610 $(87,551)$436,059 $144,014 $(83,310)$60,704 
Memo: Unfavorable lease (liabilities) (1)
$(35,460)$2,778 $(32,682)$(3,105)$2,019 $(1,086)
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(1)Unfavorable lease liabilities are classified within accounts payable, accrued expenses and other liabilities on our consolidated balance sheets.
Schedule of Activity within Intangible Assets
The following table summarizes the activity within intangible assets for the years ended December 31, 2025 and 2024 (amounts in thousands):
Domestic
Servicing
Rights		In-place Lease
Intangible
Assets		Favorable Lease
Intangible
Assets		Total
Memo: Unfavorable Lease Liabilities
Balance as of January 1, 2024
$19,384 $28,738 $16,845 $64,967 $(1,903)
Amortization— (5,481)(1,788)(7,269)302 
Sales— — — — 515 
Changes in fair value due to changes in inputs and assumptions3,006 — — 3,006 — 
Balance as of December 31, 2024
$22,390 $23,257 $15,057 $60,704 $(1,086)
Acquisitions (1)
— 319,904 72,217 392,121 (33,087)
Amortization— (11,993)(3,075)(15,068)1,130 
Sales— (5,767)(1,821)(7,588)361 
Changes in fair value due to changes in inputs and assumptions5,890 — — 5,890 — 
Balance as of December 31, 2025$28,280 $325,401 $82,378 $436,059 $(32,682)
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(1)    Represents in-place and favorable lease intangible assets and unfavorable lease liabilities related to the acquisition of Fundamental in July 2025 and subsequent property acquisitions by Fundamental with in-place leases. The weighted average amortization period of these lease intangible assets and unfavorable lease liabilities is 17.3 years and 15.2 years, respectively.
Schedule of Future Amortization Expense
The following table sets forth the estimated aggregate amortization of our in-place lease intangible assets, favorable lease intangible assets and unfavorable lease liabilities for the next five years and thereafter (amounts in thousands):
Asset Amortization
Liability Amortization
2026$27,049 $(2,348)
202726,786 (2,324)
202826,783 (2,323)
202926,749 (2,322)
203026,497 (2,322)
Thereafter273,915 (21,043)
Total$407,779 $(32,682)