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Properties - Properties Held-for-Investment (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Real Estate Properties [Line Items]    
Properties, cost $ 3,703,277 $ 1,584,219
Less: accumulated depreciation (254,625) (210,541)
Properties, net 3,448,652 1,373,678
Property Segment    
Real Estate Properties [Line Items]    
Land and land improvements 769,318 95,642
Buildings and building improvements 1,978,498 635,636
Construction in progress 138,069 89,167
Furniture & fixtures $ 1,451 1,139
Property Segment | Minimum    
Real Estate Properties [Line Items]    
Land and land improvements, Depreciable Life 0 years  
Building and building improvements, Depreciable Life 0 years  
Furniture & fixtures, Depreciable Life 3 years  
Property Segment | Maximum    
Real Estate Properties [Line Items]    
Land and land improvements, Depreciable Life 15 years  
Building and building improvements, Depreciable Life 40 years  
Furniture & fixtures, Depreciable Life 5 years  
Investing and Servicing Segment    
Real Estate Properties [Line Items]    
Land and land improvements $ 16,567 23,345
Buildings and building improvements 49,719 69,582
Furniture & fixtures $ 2,328 3,251
Investing and Servicing Segment | Minimum    
Real Estate Properties [Line Items]    
Land and land improvements, Depreciable Life 0 years  
Building and building improvements, Depreciable Life 3 years  
Furniture & fixtures, Depreciable Life 1 year  
Investing and Servicing Segment | Maximum    
Real Estate Properties [Line Items]    
Land and land improvements, Depreciable Life 15 years  
Building and building improvements, Depreciable Life 33 years  
Furniture & fixtures, Depreciable Life 5 years  
Commercial and Residential Lending Segment    
Real Estate Properties [Line Items]    
Land and land improvements $ 143,090 117,983
Buildings and building improvements 356,440 326,603
Construction in progress $ 245,794 219,868
Furniture & fixtures, Depreciable Life 5 years  
Furniture & fixtures $ 2,003 $ 2,003
Properties, net $ 134,000  
Commercial and Residential Lending Segment | Minimum    
Real Estate Properties [Line Items]    
Land and land improvements, Depreciable Life 0 years  
Building and building improvements, Depreciable Life 0 years  
Commercial and Residential Lending Segment | Maximum    
Real Estate Properties [Line Items]    
Land and land improvements, Depreciable Life 13 years  
Building and building improvements, Depreciable Life 50 years